When ideology is all, reality has a nasty habit of undoing the grandest of plans. So it is with the great wind and solar ‘reset’. The economic storage of intermittent wind and solar is a fantastic pipe dream; the colossal expense attached to mythical mega-batteries means that it will remain so.
The minerals required for any kind of wind and solar transition will outstrip the world’s resources 10 times over; hence rocketing prices for base metals, like copper and the rare earths that go into every turbine and solar panel. And the demand for land is already seeing renewable energy rent seekers forced to rub up against real community opposition, which will only increase in its hostility.
Gone are the days when wind power outfits could throw $10,000 a year to spear a turbine into the back paddock of some gullible farmer. These days, they’re aware that the owner of…
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