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Discussion (13 Comments)Read Original on HackerNews
This is positioned as the key fact of the whole argument, presented first and repeated. But they do not attempt an equivalent US figure. So here's mine.
https://www.eia.gov/totalenergy/data/monthly/pdf/sec1_19.pdf
4.04 / 7.77 ≈ 0.52, so the U.S. uses about 48% less energy per dollar than in 1995, versus 44% per euro for the EU. So pretty much the same as across the pond.It's a shame that Italy spent so little on solar compared to Spain. Sun shining there as well last time I checked.
I would not make conclusions from a short 5 month price shock.