Eventually, order emerges from chaos. Thanks to the chaos of Europe’s self-inflicted wind and solar disaster, reality is starting to take hold, with the promise of order on the horizon.
Investment in new wind turbines and solar panels has plummeted across Europe. Coal-fired power is back in vogue and nuclear plants are the next must-have.
Ralph Schoellhammer is an assistant professor in economics and political science at Webster University Vienna.
Here he is explaining why the end is nigh for the grand wind and solar transition, with its inevitable demise starting in Europe.
Is the eco-bubble about to burst?
Spiked Online
Ralph Schellhammer
14 February 2023
Economist Herbert Stein once said that ‘if something cannot go on forever, it will stop’. Today, there is growing evidence that ‘Stein’s law’ is coming for the renewables industry, particularly for wind and solar power.
After investing billions of dollars into the green-energy transition, many…
View original post 821 more words
Recent Comments