There’s debate over which did more harm: the coronavirus or government policy responses to it. But there’s no argument that our economic recovery requires reliable and affordable electricity. Which means that the current arguments about recharging economies using heavily subsidised and chaotically intermittent wind and solar are as dangerous as they are delusional.
Ross McKitrick makes the point that, if subsidised renewables didn’t make economic sense the lockdowns were enforced, they make even less sense now.
Ditch the fashionable green recovery plans
Financial Post
Ross McKitrick
19 August 2020
Green technologies that were known money-losers before the pandemic are still money-losers today.
There’s a curious idea floating around that the COVID crisis undid the principles of economics. Nobody puts it exactly like that, but it’s implied in the various proposals for restructuring the post-pandemic economy so that it will look very different from the one we experienced up to the…
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