Krugman’s blog, 2/1/16

There was one post yesterday, “More About Renewables:”

I’ve learned a lot of what I know about energy economics from Joe Romm, and he has a post this morning that is, in effect, a primer on the background to today’s column. As I tried to convey, the news is amazingly good — we now have the technology to shift dramatically away from fossil fuels, at relatively low cost.

The bottom line, literally:

As the world gets increasingly serious about replacing fossil fuels with low carbon energy, it seems increasingly clear that a combination of the technologies and strategies discussed above will be able to incorporate very large amounts of renewable electricity into the electric grid cost-effectively. The “intermittency” problem is essentially solved. The will-power problem, however, isn’t.



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