Quote · The Rest Is Politics
547. The Truth About Russian Oil, Net Zero, and North Sea Drilling
Where this was said
Solar Power: What More Could Be Done?
At 37:15 · chapter starts 36:15
Listeners Zoe, Felix, and Andrew all ask variants of the same question: why isn't rooftop solar on every building? Jørgensen is broadly enthusiastic — solar now attracts twice the investment of fossil fuels globally, in large part because it offers the best business case. [1] — Dan Jørgensen "Global investment in renewables vs fossils: 2:1: Global investment in solar and wind is now twice the amount being invested in fossil fuels…" 36:15 Decentralised solar production has a structural advantage in that it often doesn't need the grid to work. But he names the two biggest systemic bottlenecks: grid expansion and permitting times. New solar parks and wind farms are being approved and built far too slowly, and the infrastructure to transmit their output is lagging even further behind. Subsidies helped solar reach scale, but many markets no longer need them. The political task now is bureaucratic: reform planning systems to enable faster approvals.
Global investment in solar and wind is now twice the amount being invested in fossil fuels, with most fossil investment going to maintenance of existing infrastructure.
