Solar and wind are now much cheaper than alternatives, even without subsidies. E.g. it is cheaper to build a new solar farm and switch over to it than to continue using an existing coal plant.
The only reason massive subsidies for renewables continue is to accelerate build-out to address the looming climate catastrophe. We need to ramp up to building out a TW of new renewable capacity every year.
The only reason massive subsidies for renewables continue is to accelerate build-out to address the looming climate catastrophe. We need to ramp up to building out a TW of new renewable capacity every year.