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[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Mostly because it's so heavily subsidized by the Chinese government. Which is fine, but the recuperation cost time is still about 8 years in Texas.

[–]Chop_Chop[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Mostly because it's so heavily subsidized by the Chinese government. Which is fine,

If only the US GOV could stop subsidizing the fossil fuel industry...

If you asked a random sample of 1,000 or 10,000 Americans if they thought it was a good idea to take their tax money and give it to the billion-dollar oil and gas industry, what do you think they would say?

China was smart enough to get in front of the renewable energy wave, and now they pretty much own the solar panel and wind turbine industries. As you read this, they are doing the same thing with fuel cells, while most Americans don't even know what a fuel cell is.

Billy Kristol and his fellow PNACers were wrong. It's a New Chinese Century. And they earned it. They haven't blown trillions of dollars chasing a bunch of "rebels" around sand dunes 8,000 miles away. Here's Jack Ma explaining: https://www.youtube.com/watch?v=IW6zN_2SE8A

but the recuperation cost time is still about 8 years in Texas.

US Wind power prices now lower than the cost of natural gas https://arstechnica.com/science/2019/08/wind-power-prices-now-lower-than-the-cost-of-natural-gas/

I hear there are many times Wind turbines are curtailed in Texas because the grid can't handle the electricity. Texas needs Hydrogen!