The cost of renewables is plummeting, heat pumps are selling like crazy, and red states are raking in cash from the IRA. There's no stopping the inevitable.

The cost of renewables is plummeting, heat pumps are selling like crazy, and red states are raking in cash from the IRA. There’s no stopping the inevitable.

  • Ben Matthews@sopuli.xyzEnglish
    8·
    1 month ago

    Indeed there is huge momentum in renewable costs. I recall 20 years ago climate economists starting to model endogenous technological change, but they just had to invent ’ learning curves’ with magic numbers. Now it has happened.
    On the other hand, I still wish heat pumps were cheaper. Where I live, the cost is inflated by the requirement for installation by people qualified with refrigerant gases.