Energy may well be cheap in the US but you have been paying for that for decades through military misadventures in the middle east.
Energy may well be cheap in the US but you have been paying for that for decades through military misadventures in the middle east.
Texas is probably our national leader in terms of deploying solar and wind power, which feels ironic but is totally rational and logical.
80% of solar panels/batteries/windmills are made in China. We wouldn't even be able to make them without fossil fuels in the first place. Not even talking about the electronics that is needed
This is in stark contrast to fossil fuels, where it's infeasible to stockpile more than a few months of usage, and if suppliers turn off the tap, you're at their mercy almost instantly.
If China stopped supplying solar panels or batteries, it'd spark a frenzy of activity and demand for locally produced replacements, and there would be enough time for those to come online.
Wind power is an incredibly cheap form of power.
Your point about rare earths is more or less covered by my previous comment about solar panels and batteries.
Besides, rare earths is actually a supply chain that's being rapidly de-risked from China as we speak anyways.
Now you're just being funny. The reason Chinese solar outcompeted European solar is because China can produce at a lower cost. Yeah, Germany could theoretically produce solar panels in required quantities. However, the price is going to be higher. Which means electricity is going to be more expensive. And expensive electricity is one of the problems for the German industry. Let's not forget that many enterprises will simply not survive while the solar production is ramping up.
They took over the solar market from Germany after Germany foolishly stopped subsidizing it and almsot overnight killed the thriving domestic solar industry.
Chinas solar panels are almost surely being sold internationally for less than they cost to make. If China stopped selling them and domestic producers sprang back up using techniques they've learned from the ongoing solar panel 'recycling' programs, the domestic solar panels would surely be a lot more expensive than Chinese panels, but they'd also almost certainly be cheaper than fossil fuels, and would find a place in the market.
Besides, the cost of panels isn't even the expensive part of solar installations anymore. The expensive part is the land, grid connections, and installation labour.