Quote:
Originally Posted by MrBaldBastard
You do realise the setup and cost model the solar companies are going with?
How Much Do Solar Panels Cost? - Solar Energy Cost | SolarCity
And you do understand that burning gas today is basically the same technology of 50 years ago, and there's not really more to add to it to make it more efficient.
Where's with solar say there's been a 70% increase in efficacy just in the past 12 months so if you even try and predict 10 years out its scifi.
But I will do it anyways :P within 10 years solar setup to power a house will be under $1500 dollars. For no other reason than that's what China needs.
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The I would say China will do the world a great favor.
Solar City is taking a different approach and installing solar energy collecting shingles for residential type homes, an American idea made by an innovative American company. The started installing these shingles today
https://www.bloomberg.com/news/artic...-roof-installs
Technology advances in this area could, or should, be licensed -- or the world can pay back the Chinese with the theft of their intellectual property (IP). Shoe might end up on the other foot. Or, maybe the Chinese would like to put any technology advance they make into the public domain?
But yeah, coal miners are dinosaurs and fossil fuels are approaching their expiration date.