By Andrew Bolt ~
This move to green energy is costing a bomb without lessening reliance on coal:
Wind and solar account for just six percent of total electricity globally, despite decades of subsidies. The growth of fossil fuels were enough to wipe out any emissions reductions from wind and solar, which grew 17 percent and 35 percent, respectively.
According to Bloomberg New Energy Finance (BNEF), public and private actors spent $1.1 trillion on solar and over $900 billion on wind between 2007 and 2016…. To put this roughly $2 trillion in investment in solar and wind during the past 10 years in perspective, it represents an amount of similar magnitude to the global investment in nuclear over the past 54 years, which totals about $1.8 trillion.
Turns out the green movement also played itself. Hysterical scaremongering over the Fukushima emergency had a number of nuclear plants closed, especially…
View original post 480 more words
Utopia, you are standing in it! 
Recent Comments