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Analysts' inaccurate cost estimates are creating a trillion-dollar bubble!!
Traditional power generation is decreasing based on competition from Solar, Wind and Batteries. However the EIA and IEA are still calculating the LCOE assuming there is no competition in the market. This is creating a massive bubble for power plant that will cost trillions of dollars and will both be carbon intensive and inefficient.
Change needs to happen now to stop this funding the wrong power generating facilities...
Analysts' inaccurate cost estimates are creating a trillion-dollar bubble!!
Mainstream analysts have miscalculated and overvalued not just coal, natural gas, nuclear and hydro power plants themselves, but the mines, wells, pipelines, ports and refineries that support them.
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