NuScale cancels first-of-a-kind nuclear project as costs surge

[chuckChuck]

Because the hypocrisy and double standards are so glaringly evident in Alberta.

If you are in favour of energy investment, jobs and the economic benefits how can you then be opposed to renewable energy investment?

And other provinces are installing renewables and investing in clean energy.

[AlbertaFarmer5]

In 2023 the investment in solar alone exceeded oil investment.

Total clean energy investment in the world in 2023 is much larger than in fossil fuels.

Look at the IEA charts and reports here:

[url]https://www.iea.org/reports/world-energy-investment-2023/overview-and-key-findings[/url]

Solar is in light blue oil is dark blue 2013 vs 2023 in Billions of USD

Why would you post something that clearly destroys your narrative that renewables are the lowest cost energy?

So solar now produces 2% of world primary energy. Fossil fuels produce 85% of total global primary energy. Yet we are now investing more in the source that provides 42 times less energy than the other.

It keeps getting worse. Last time you stepped on this garden rake and it smacked you in the face, it was only 28 times more expensive.

Don't you have any adults in your life who can do math who could help vet your posts so you don't keep making the same mistakes over and over again?

[chuckChuck]

So according to your "libertarian" math you disregard all the previous decades of investment in a mature and established industry and only compare present investment and output?

That must be libertarian analysis? Because it certainly isn't based on common sense!

[AlbertaFarmer5]

So according to your "libertarian" math you disregard all the previous decades of investment in a mature and established industry and only compare present investment and output?

That must be libertarian analysis? Because it certainly isn't based on common sense!

Do you know what a decline rate is? Do you think you just drill a hole in the ground and pump till the end of time?

[chuckChuck]

Yes, but I want to hear your libertarian math based analysis. Because I am betting it will be another whopper!

[AlbertaFarmer5]

So according to your "libertarian" math you disregard all the previous decades of investment in a mature and established industry and only compare present investment and output.

And you disregard all the previous decades of investment in solar, and assume it was all built last year.
Did you know that the first grid scale solar farm was built in 1983, if it isn't yet a mature established industry 40+ years later, then that says a lot about the viability of solar.

[chuckChuck]

Very small amounts of previous investment in renewables vs large amounts of previous investment in oil and gas all based on very generous public subsidies and incentives.

Try to compare Apples to Apples!

[AlbertaFarmer5]

Very small amounts of previous investment in renewables

Really, for how many years have you been making the absurd claims about investment in renewables exceeding fossil fuels already?

[chuckChuck]

So the IEA is wrong?

And A5 you have a handle on global investment in energy and know more than the IEA?