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One frequently hears that renewable energy is now lower cost than fossil fuels, but this claim is incorrect and harmful to the cause of deep decarbonization. It is incorrect because intermittent solar and wind require storage, which is costly in most circumstances. It is harmful because it suggests that carbon pricing or regulations are not necessary for a transition away from burning fossil fuels. The high quality of fossil fuels means that even more innovation in zero–emission electricity or zero–emission end–use devices like electric vehicles will be insufficient. Advocates of renewables need to support rather than undermine the implementation of stringent climate–energy policies.
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