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[–] 28 points 3 months ago (2 children)

Still with no ideas on how to be profitable, yet they're supposedly one of the most valuable companies in the world. Capitalism makes no sense

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  • [–] 24 points 3 months ago (7 children)
  • [–] 20 points 3 months ago (6 children)

    Imagine if that money had been spent on building out renewables instead

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  • [+] -5 points 3 months ago (5 children)
  • [–] 3 points 3 months ago (4 children)

    Their pace has been slowed down greatly under the Trump administration.

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  • [+] -3 points 3 months ago* (3 children)
  • [–] 1 point 3 months ago (2 children)

    Solar installs are increasing because they're the most economical means for power generation when substantial cheap land is available, but major wind projects have been cancelled at the behest of the Trump administration.

    If Trump had not been elected, renewables would be growing even faster.

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  • [+] -3 points 3 months ago* (last edited 3 months ago) (1 child)
  • [–] 2 points 3 months ago

    Given that the fossil fuel industry receives an annual subsidy of $35 billion (not including the negative externalities that the industry is allowed to get away with), denying comparable subsidies to renewable energy projects encourages investors to invest in fossil fuels instead, stunting renewable energy growth and harming the environment in the process.

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  • [–] 18 points 3 months ago* (last edited 3 months ago) (1 child)

    Despite Georgia being a sun-soaked state and the Levelized Cost of Electricity (LCOE) being less for solar (and wind) than gas turbines, these assholes will be adding double the amount of natural gas generation (https://www.georgiapower.com/about/energy/plants.html) than is still deployed in Georgia. I don't know how you can get more dystopian than that, but hey, it's the United States, which has a buffoon for a leader and no plans to stop global warming — "drill baby drill".

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  • [–] 1 point 3 months ago

    Ah so this is why Nvidia had to cosign their loan for the new data center. I think it's going to pop soon.

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