Words & Numbers
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Insightful weekly commentary on news & current events from economist Antony Davies and political scientist James R. Harrigan.
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Alternative Energy and Economies of Scale
December 30, 2020
We haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale.
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