chat.openai.com claims it is true, albeit without specific sources:
Yes, there is a significant amount of data and research that supports the increasing competitiveness of renewable energy compared to oil. Here are a few examples:
The International Energy Agency (IEA) reported that in 2020, the average global cost of producing electricity from solar photovoltaic (PV) systems was lower than the cost of producing electricity from new fossil fuel plants, including coal and natural gas.
A recent study by the consultancy firm Lazard found that the cost of utility-scale solar and wind energy in the United States has fallen significantly in recent years, and is now cheaper than the cost of power generated from coal and natural gas in most regions of the country.
The US Department of Energy's National Renewable Energy Laboratory (NREL) reported that the levelized cost of energy (LCOE) for wind and solar energy in the United States has fallen by more than 50% over the past decade, and is projected to continue to decline in the future.
According to the International Renewable Energy Agency (IRENA), the cost of solar PV and wind energy has declined by over 80% and 60%, respectively, since 2010. IRENA also found that renewable energy is now the cheapest source of new power generation in many countries, including Brazil, China, India, Mexico, and the United States.
These are just a few examples, but they demonstrate the trend of declining costs for renewable energy and increasing competitiveness with oil and other fossil fuels.
Out of curiosity, I asked "How can we fix the climate crisis? Be specific."
Obviously we shouldn't rely on ChatGPT for our answers to life, but it's not a terrible list. Except for the absolute lack of any mention of nuclear, which I think fairly reflects the zeitgeist but not the real science.
Here's what it said:
1. Switch to Renewable Energy Sources: We should phase out the use of fossil fuels and switch to renewable energy sources, such as wind, solar, geothermal, and hydropower. This would reduce carbon dioxide emissions and other pollutants from burning fossil fuels.
2. Increase Energy Efficiency: We should invest in technologies and practices that reduce energy consumption, such as LED lighting, efficient heating and cooling systems, and better insulation.
3. Plant Trees and Protect Forests: Trees absorb carbon dioxide, so planting more of them can help reduce the amount of carbon dioxide in the atmosphere. We should also protect existing forests and prevent deforestation.
4. Reduce Food Waste: Food waste is a major contributor to climate change, as it releases methane and other greenhouse gases when it decomposes. We should reduce food waste and increase food recycling.
5. Reduce Meat Consumption: Animal agriculture is a major source of carbon dioxide and other air pollutants, so reducing meat consumption can help reduce emissions. We should also promote plant-based diets.
6. Improve Transportation: We should invest in public transportation, electric vehicles, and other low-emission transportation options. This would reduce emissions from cars and other vehicles.
7. Educate and Advocate: We must educate people about the causes and consequences of climate change, and advocate for public policies that can help mitigate climate change.
No. They are not remotely cost competitive, the data saying otherwise is a case of lying with statistics.
Yes, the cost of generating a watt-hour of power from renewables is competitive with fossil fuels. If you could put those watt-hours in a tank somewhere those numbers would work. However, a tank for a watt-hour is called a battery--and storing that watt-hour is going to cost you more than creating it.
In practice what happens is that renewables reduce the fuel use by gas plants. You still need just as many gas plants, though, and once you count those costs the renewables are no longer the cheapest.
