ClaimsVinod Khosla

“I actually don't believe it will win in every area, because clean coal technologies will be so expensive, many renewables will come in cheaper.”

Vinod Khosla, venture capitalist, interviewee 28 September 2007 Interviews - Vinod Khosla (Frontline Heat) (PBS Frontline)

Prediction Technology

He did not believe clean coal would win in every area, because clean coal technologies would be so expensive that many renewables would come in cheaper.

Resolved true The record shows it happened or was so.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

What would count as true or false

No horizon is given, so judge on cost and deployment evidence available when the research is done. True: levelized cost comparisons (Lazard LCOE, EIA AEO, IEA/NEA Projected Costs, IRENA) show coal with CCS is more expensive than several renewables, such as onshore wind and utility-scale solar PV, in many markets, and coal with CCS has not become the cheapest or dominant option in every region. Mostly true: coal CCS is costlier than renewables in most markets, but its high cost is not the main reason it failed to win. Mixed: coal CCS is cheaper than renewables in roughly as many major markets as it is costlier. Mostly false: coal CCS is competitive with or cheaper than most renewables in most markets and loses only in a few. False: coal CCS proves cheaper than renewables essentially everywhere and wins across all areas.

Set before the research began.

Evidence (4)

  1. E1 [PDF] Reaching Zero with Renewables: Capturing carbon - IRENA International Renewable Energy Agency (IRENA) · 2021

    “In the power sector, renewables outcompete fossil fuels with CCS in terms of levelised costs of electricity (LCOE) and, in contrast to renewables, no significant capacity has been built to-date.”
  2. E2 [PDF] Reaching Zero with Renewables: Capturing carbon - IRENA International Renewable Energy Agency (IRENA) · 2021

    “In most contexts in the power sector, renewables outcompete CCS on cost per tonne of CO2 and sustainability grounds.”
  3. E3 [PDF] Reaching Zero with Renewables: Capturing carbon - IRENA International Renewable Energy Agency (IRENA) · 2021

    “IRENA’s annual assessment of renewable power generation costs for 2020 (IRENA, 2021b) showed that, increasingly, newly installed renewable power capacity costs less per kWh than the cheapest unabated fossil”
  4. E4 [PDF] Reaching Zero with Renewables: Capturing carbon - IRENA International Renewable Energy Agency (IRENA) · 2021

    “The respective roles of renewables versus CCS vary by country, sector and the specific contexts of each deployment.”

Reasoning

IRENA's 2021 report says that in the power sector, renewables beat fossil fuels with CCS on levelised cost of electricity, and that, unlike renewables, no significant CCS capacity had been built (E1). The same report says renewables beat CCS on cost per tonne of CO2 in most power-sector contexts (E2). It also notes that the balance varies by country and sector (E4), but nothing in the evidence shows coal with CCS winning in every area. This matches the criteria for "true", although it rests on one independent source that speaks of fossil fuels with CCS in general rather than coal specifically.

Cite this claim

Vinod Khosla, “He did not believe clean coal would win in every area, because clean coal technologies would be so expensive that many renewables would come in cheaper.” (said 28 September 2007). Verdict: resolved true. Reliability API, claim c_c8e86500499e, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_c8e86500499e

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Vinod Khosla, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Vinod Khosla

  1. Resolved false Prediction 23 December 2010
    “Now almost certainly, the traditional lithium ion bulk batteries will not be around in 15 years.”

    Traditional lithium-ion bulk batteries will almost certainly not be around in 15 years.

  2. Mostly false Prediction 23 December 2010
    “The Chevy Volt, which is a good car, is expected by 2012, to ship 40,000 units.”

    The Chevy Volt is expected to ship 40,000 units by 2012.

  3. Resolved false Prediction 28 September 2007
    “I believe 50 million acres of land in this country could supply all our biofuel needs.”

    Khosla said he believed 50 million acres of US land could supply all US biofuel needs.

  4. Mostly true Prediction 28 September 2007
    “It would probably add about 2 cents a kilowatt hour to the price of coal, depending upon the price of carbon.”

    Pricing carbon and requiring carbon capture and sequestration would probably add about 2 cents per kilowatt hour to the cost of coal power, depending on the carbon price.

  5. Mostly true Prediction 28 September 2007
    “Not only that, even if Germany switched over completely to photovoltaics, unless India and China adopted them, we are not going to see a change in the trajectory of climate change.”

    Even if Germany switched completely to photovoltaics, climate change's trajectory will not change unless India and China also adopt them.

All of them

Verdicts are made automatically; how verdicts are made.