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Time is against the fossil fuels, as each barrel burned makes the next barrel harder to get and more expensive, while with the renewables, each megawatt produced makes the next megawatt easier to produce.
Only up to some point.
Just as fundamental geology limits oil production, fundamental physics limits practicalities of full renewables. It's unfortunate it is so, but it's truth.
The magnitude of renewables, except large-scale hydroelectric, is still so much less because of the much lower energy density of the input. There is no way to engineer around that immutable fact.
Consider 2.5 MW wind turbines---the biggest on-land ones, these give power-factor adjusted at best 1MW. Fifty of these on a ridge are very impressive, and noticable---drive by such a wind farm. You can see a large capital investment, and for some people quite an undesriable alteration to the landscape. And yet, this is nothing---you need at least 1000 to equal the useful electrical output of one single nuclear reactor. One thousand, to put where? And for but small increment to capacity? Modern nuclear plants have two or three reactors, as well.
Significant scale-up of nuclear seems quite difficult, but equivalent scaleup of PV and wind seems substantially further from practicality. But when people see the large numbers for PV and wind (so far from current) the dreamy optimism takes over---like for a caveman going to alpha centauri is not much harder than going to the moon. But, it really is.
How many megawatts of clean, truly home made and renewable power would 20 trillion dollars buy? Any guesses from the math and stat geeks out there? :-)
A heckuva alot less than the same invested in coal and nuclear. Coal will be cheapest for a very long time, but I think we ought to forbid it anyway.
Re: Other renewables
“Scientists say this geothermal energy, clean, quiet and virtually inexhaustible, could fill the world's annual needs 250,000 times over with nearly zero impact on the climate or the environment.
A study released this year by the Massachusetts Institute of Technology said if 40 percent of the heat under the United States could be tapped, it would meet demand 56,000 times over. It said an investment of $800 million to $1 billion could produce more than 100 gigawatts of electricity by 2050, equaling the combined output of all 104 nuclear power plants in the U.S.
"The resource base for geothermal is enormous," Professor Jefferson Tester, the study's lead author, told The Associated Press.”
Energy search goes underground
http://news.yahoo.com/s/ap/20070804/ap_on_sc/drilling_for_heat;_ylt=AjvF...
“Ms Pontes says wave energy could someday supply 20% of Portugal's power. Wave energy could also provide substantial electricity up and down the European coast, as well as along the west coasts of Australia, New Zealand, South Africa, and the United States.
Sean O'Neill, president of a Washington DC trade association called the Ocean Renewable Energy Coalition, says: "The total potential off the coast of United States is 252 million megawatt hours a year.
"That's equal to about six-and-a-half percent of our total capacity in the United States, equal to all the dams that we have in the US right now." “
Wave farms show energy potential
http://news.bbc.co.uk/2/hi/technology/6410839.stm