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I just read the excerpt of the first part of your book, the introduction and the chapter on solar energy. Very intriguing and enlightening. I can’t wait to read the whole thing. Thanks for writing this book.
I just started reading your book. In the first chapter you write, “The solar cells would cost about $59 trillion; the mining, processing, and manufacturing facilities to build them would cost about $44 trillion;”
Are you not counting the cost of mining, processing, and manufacturing facilities twice? Certainly the cost of the solar panels includes those costs as well as a profit margin. Solar companies surely aren’t selling panels at a loss.
If I am wrong, can you please explain?
Thanks for your comment. The data in that section is from the California Energy Commission. I’m familiar enough with their dataset to confirm that they did not double-count mining costs, etc. Solar PV companies would be selling at a loss if not for subsidies.
I am not familiar with any solar PV company making a profit without the benefit of subsidies, but if you find one, I would be most interested! Let me know if that clears things up. For more detail on this, you can read my recent piece on the pricetag predicament:
The best way to reduce auto emissions, auto fatalities, auto insurance premiums and save gas money is to mandate that all vehicles be equipped with a governor that prevents it from going more than 60 miles per hour.