Anyone who still believes in an ‘inevitable’ transition to wind and solar, clearly hasn’t been paying attention.
The same crowd tells us that ‘coal is dead’, ignoring the fact that coal demand continues to rise and the record prices paid for the black stuff is through the roof.
The Russian advance on Ukraine has only added to the demand for coal, along with the demand for oil and gas; nuclear power is back in vogue, too. What Vlad’s attack hasn’t done is, create any additional demand for wind turbines and solar panels.
It seems like only yesterday that Elon Musk was telling us that, by adding a few trillion-terawatt hours’ worth of his lithium-ion batteries, the wind and solar transition was a shoe-in.
Now Musk and his rent-seeking buddies seem to be running a mile from their wilder claims about our wind and solar-powered future.
Paul Murray picks up the…
View original post 999 more words
Recent Comments