You see its like this in 2015, republicans and the dems made a deal on budget. The dems would consent to the change export laws on US Crude, and the repblicans would allow the renewable energy credits to extend for 5 more years, but each year the subsidy reduces until it is zero.
But that is not problem because renewable prices keep falling.
The reverse auction of the purchase power agreement(PPA) is driving these prices way down because these agreements last for a minimum of 10 years and sometimes 20 years, and maybe up to 50 years. Of course you can't do that nat gas, coal, or fuel oil. They can accurately predict what it will cost build the fossil fuel power plant but they can't predict what the price of their fossil fuel will be 6 months, much less 10 years.
When you switch to renewable, the boom/bust cycles of fossil energy no longer affects the industry or the overall economy
For every renewable watt used there must be traditional watt of capacity. See a windmill has 0 energy capacity if the wind isn’t blowing. Then what? You fire up the coal, oil, gas, or radiation.
“Renewable” can’t suffer its own boom-bust?
Last I heard, windmills and turbines were still a problem-prone technology. We have no guaranteed economic steady anchor in the energy market.
I could come back at you for calling me low-information and call you low-thought.