The article liked below is a real tour de force which states the real state of where climate policies are leading us. This section gives a flavour of it:
"The promises of upsides are simply lies. There are no drop-in replacements for the things that make our lifestyles today. That is why the Climate Change Committee told Parliament that up to 62% of emissions reduction is going to come from ‘behaviour change’, which is to say that Net Zero requires government to use the criminal law and price mechanisms to regulate what people can do. That is what Sunak means when he says that previous governments have not been straight with the public."
I am here to address the upside of renewable energy. The economics alone favor RE over FFs. The environmental side of burning FFs is a no brainer in how bad it is for the planet's life. One can chose to be blind as much as they want to the downside of FFs. The negative side of FFs only makes our lives more miserable every year we use them.
ReplyDeletehttps://pv-magazine-usa.com/2023/09/25/u-s-and-canada-to-spend-12-trillion-on-renewables-and-grid-by-2050/
The global energy paradigm shift is underway, and by mid-century, renewable energy is expected to be the dominant source of electricity in many major developed countries worldwide.
For the United States and Canada, that paradigm shift comes with a $12 trillion price tag by 2050. And while that sounds like a lot, when compared with the inefficiencies of today’s fossil fuel-based economy, the savings are considerable.
A report from global risk assurance company DNV said that the intrinsic efficiencies brought on by renewable energy will lower the overall cost of energy from 4% today to about 2.5% in 2050 for the United States and Canada.
4% of what?
ReplyDeleteThe intrinsic efficiency of renewables will lower the overall cost of energy from 4% of GDP today to about 2.5% by 2050, said a report from DNV.
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