Ariz. Team Seeks Fossil-Fuel Cost Parity, Using Solar Energy Concentrators
autospa writes "A University of Arizona engineering team led by Roger Angel has designed a new type of solar concentrator that uses half the area of solar (PV) cells used by other optical devices and delivers a light output/concentration that is over 1000 times more concentrated before it even hits the cells. This comes as a result of a broader goal to make solar energy cost competitive with fossil fuels (target = 1$/W) without the 'need for government subsidization.'"
I keep hearing this repeated as though it were a fact.
And yet, gas taxes keep coming out the wazoo.
For the end user, those subsidies don't exist.