Weird how the fossil fuel industry claims it's renewables that are expensive.
My solar panels paid for themselves in 7 years (instead of the predicted 13) and our solar electricity is free now. And it runs our car.
Also, of course, the price of fossil fuels has never included their full true cost: climate change, military expenses to protect Middle East oil partners, health effects of pollution, contamination of groundwater by fracking, ad infinitum.
@petergleick
20-ish years ago someone(s) calculated cost of gasoline including (for lack of a better term) geopolitical expenses. Was on the order of $10/ gal. (Digging into old memories, so no exact data) Price at the pump was well under $3 at the time.
@PaulWermer @petergleick
I read that pdf (cannot find it now). At the time it was written, gasoline was aound us$1.50, and their broad estimate said the real cost would be between $5 and $15, depending on which/how you count subsidies/externalities.
So figure 3x ~ 10x what you see.
