“The definition of insanity,” the apocryphal saying goes, “is doing the same thing over and over again and expecting a different result.” This could come to mind now that yet another warning has been issued about “green” energy.
A transition to it simply “isn’t happening,” says researcher Bjørn Lomborg, of the Copenhagen Consensus Center. The problem?
Such a transition is, first, prohibitively expensive. In fact, Lomborg has estimated, lowering Earth’s temperature just 1/3 of one degree Fahrenheit by 2100 would cost $100 trillion. This makes the endeavor unfeasible.
Second, and counterintuitively, creating “renewable” energy doesn’t replace coal, oil, and gas. It mainly just adds to energy consumption.
Despite this, the world is proceeding with bull-in-a-china-shop energy ambitions, spending $2 trillion annually trying to “transition.” The bottom line, says Lomborg, is that we need a “major policy overhaul.” […]
— Read More: thenewamerican.com
