this post was submitted on 11 Nov 2024
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Indeed there is huge momentum in renewable costs. I recall 20 years ago climate economists starting to model endogenous technological change, but they just had to invent ' learning curves' with magic numbers. Now it has happened.
On the other hand, I still wish heat pumps were cheaper. Where I live, the cost is inflated by the requirement for installation by people qualified with refrigerant gases.