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Wednesday, June 26, 2024

Green Energy Transition’ That Wasn’t

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WSJ: The ‘Green Energy Transition’ That Wasn’t
Governments push heavily subsidized renewables, but fossil-fuel use continues to increase even faster.
The ‘Green Energy Transition’ That Wasn’t - WSJ
Despite extravagant hype, the green-energy transition from fossil fuels isn’t happening. Achieving a meaningful shift with current policies is too costly. We need to change policy direction entirely.
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Excerpts:
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“Solar and wind fail on both counts. They aren’t better, because unlike fossil fuels, which can produce electricity whenever we need it, they can produce energy only according to the vagaries of daylight and weather. At best they are cheaper only when the sun is shining or the wind is blowing at just the right speed. The rest of time they are expensive and mostly useless.”
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“Solar and wind address only a smaller part of a vast challenge. They are almost entirely deployed in the electricity sector, which makes up a mere one-fifth of all global energy use. We are struggling to find green solutions for most transportation and haven’t even begun to address the energy needs of heating, manufacturing or agriculture. We are all but ignoring the hardest and most crucial sectors like steel, cement, plastics and fertilizers.”
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Mr. Lomborg is president of the Copenhagen Consensus, a visiting fellow at Stanford University’s Hoover Institution and author of “Best Things First.”
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Hot – But - Been Hot Before With Half CO2
http://roanokeslant.blogspot.com/2024/06/hot-but-been-hot-before-with-half-co2.html
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