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Believe Quote by Michael Shellenberger

“Solar and wind advocates say cheaper solar panels and wind turbines will make the future growth in renewables cheaper than past growth but there are reasons to believe the opposite will be the case.” quote by Michael Shellenberger
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“Solar and wind advocates say cheaper solar panels and wind turbines will make the future growth in renewables cheaper than past growth but there are reasons to believe the opposite will be the case.”

Michael Shellenberger

About This Quote

Source Article: The New York Times, “The Renewable Energy Paradox”, 2023

Advocates claim falling costs will keep renewable growth cheap, but market, policy, and supply constraints may reverse that trend.

In simple terms: Cheaper tech may not guarantee cheaper future growth.

Key Takeaway

Consider hidden costs and policy impacts.

Themes

energy economics policy technology market environment

Mood

cautious analytical

Type

critical informative

When to use this quote

  • energy investment
  • policy planning
  • grid management
  • supply chain analysis

Key Concepts

Cost curves grid integration subsidy dependence

Questions to Reflect On

  • How might policy changes affect renewable pricing?
  • What hidden costs could emerge?
A Different Perspective

Assumes linear cost decline without accounting for externalities.

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