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sop

(11,078 posts)
5. 'Solar power is now bigger than oil -- for the first time ever'
Mon Jul 1, 2024, 07:01 AM
Jul 2024

"The cost of solar energy has dropped dramatically over the last two decades, and research into the efficiency of PV panels has come a long way at the same time. It isn’t beyond reason to see the trends and assume that solar power will be the energy of growth in the next hundred years. The simplicity, longevity, low cost, and efficiency of solar already makes it an easy choice, but as it continues to improve, it’ll only get bigger."

"Right now, seven Chinese companies have a bigger stake in the power source of the 21st century than the Seven Sisters of oil that dominated the 20th. If you want to understand the roots of the geopolitical angst driving Washington’s crackdown on China’s clean technology, it’s impossible to ignore that fact."

"By dragging our feet on solar, the U.S. has fallen far behind on research, development, and production. China will almost assuredly have the upper hand in the future of energy production."

https://qz.com/solar-power-oil-energy-supply-costs-1851544270

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