h/t Dr. Willie Soon; If Energy Treasury Secretary Janet Yellen
has calculated how much must be spent on energy storage to stabilise a
100% renewable grid, she does not seem keen to share.
Why Treasury Secretary Yellen testified that climate change ‘must be addressed’, Secretary of the Treasury Janet Yellen recently reiterated her stance that climate change poses a threat to the U.S. economy. “Climate change is an existential threat, and it is a very high priority of President Biden’s and of mine to address it,” Yellen told the Senate Banking Committee last week. …Yellen also responded to a question about the Biden administration’s plans to shift U.S. energy to be reliant on renewable sources by 2035.
“I don’t believe that the president’s program is going to lead to increases in the cost of energy,” Yellen said, referring to the fuel shortage and high gas prices in the UK and Europe more broadly.
She added that “in the case of the UK, there’s a question of what to do if the sun isn’t out and the wind doesn’t blow, and I believe there is storage technologies that can be deployed and, you know, other means to address that, and of course that has to be part of a plan to switch to renewables and address climate change.”..........To Read More....
My Take - This is what happens when highly educated smart people allow ideology to make them stupid.
…
No comments:
Post a Comment