Why are fossil fuels cheaper than renewable energy?
A) economies of scale
B) virtual environmentalism
C) perceived obsolescence
D) conspicuous consumption

Question

Quizplus · Accepted Answer

Fossil fuel industries have already established large-scale infrastructure which allows them to produce energy at a lower cost per unit. The initial investment in renewable energy technology is high, and the market and infrastructure are not as established, leading to a higher cost per unit.

Why Are Fossil Fuels Cheaper Than Renewable Energy