Earlier quoted context omitted.
It’s just simple arithmetic, however you want to subsidize or socialize the cost, the fact is that renewables have higher cost per MW. Every dollar spent on higher energy costs is a dollar not spent in other things. This will impact growth.
Sure, but aren't fossil fuels also subsidized? Haven't the costs been reduced due to the economies of scale and time? Are the environmental downsides not considered part of the cost? I get it, renewables are still more expensive, but are they really doomed to trap more people in poverty? Couldn't one argue that the unbalanced economic systems are the primary thing that traps people in poverty and the cost of energy i…
Moreover, it's disingenuous of the OP to suggest that renewables lead to "millions trapped in poverty" while fossil fuels merely result in "climate change" (as though climate change doesn't imply billions trapped in poverty).