Link to study in article.
Data provided appears to support their conclusions. still reading.
Some of the foundational assumptions that go into the complex valuation calculations for fossil fuel power seem to be erroneous.
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Fossil Fuels Are Wildly More Expensive Than Previously Thought, Study Says
Overinflated fossil fuel investments might be a ‘worthless’ bubble waiting to trigger the next crash, while renewables seem more appealing than ever.
A new study finds that conventional electric power plants powered by fossil fuels and hydro are massively overvalued by the world’s leading analyst organizations. The report says they are overvalued to such a degree that the trillions of dollars of investment in these industries could amount to a “bubble” similar to the subprime mortgage housing bubble whose collapse triggered the 2008 financial crash.
https://www.vice.com/en/article/qjpq...ght-study-says