California’s Solar Glut?
Interesting, and critical, article in the LA Times about the impact of solar power on California's grid. It has generated a lot of response. I'm interested in others' insights, but I'll posit the following: 1. The energy market is broken, due to the externalities of fossil fuels, and our society is so dependent on low-cost fossil fuels that correcting this directly is politically and practically impossible, hence the government intervention. 2. Forbes reports that the fossil fuel industry is directly subsidized to the tune of $757 billion/year by US taxpayers and by ~$7 trillion annually (explicit and implicit) worldwide, according to the IMF. Solar subsidies are a tiny fraction of that.