It does not have to be mysterious anymore what the US, and by implication, the world can do about climate change and peak oil. It is to deploy the appropriate amount of wind, solar, and electric transportation. With this strategy, we have the knobs for all the results we want: less and less carbon dioxide, and reduced need for oil. What more do we want?
Naturally, we must answer two key questions:
- How much would it cost?
- How do we deal with wind and solar intermittency?
It used to be that wind cost too much and solar cost way too much. Those days are gone. Now wind costs about the same as new coal plants (which is to say, as little as anything to make electricity), and solar costs (depending on local sunlight) only about half again more. (Of course, in less sunny places, solar prices go up significantly. This is why you hear so many different economic numbers quoted for solar. Small systems are also significantly more expensive than large ones, although most of this is the cost of middle-men and not hardware.) (more…)