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Why Buffett bet a billion on solar miles per acre per year : Comments
By Henry Hewitt, published 29/6/2015During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap.
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Then the author grabs a figure from a power purchasing agreement and equates that to the actual cost of the power. Not so. The utility is required to take renewable energy so the price is designed to get that power, and would involve various subsidies, hidden or not, including charges on consumers.
So is any of this affecting electric vehicle sales? Last I looked these were miniscule - not worth mentioning. Hybrids were far more popular - that's the way the market seems to be going - although they are still just a fraction of sales.
There are many other errors but that will do for now.