Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) cites “the climate crisis” at almost every opportunity. President Biden calls it a greater threat than nuclear war. They and their allies champion “carbon-free” electricity generation by 2035 and nearly fossil-fuel-free energy by 2050. Achieving “net zero” carbon dioxide emissions will be painless, they assure us. Costs will be so low you’ll need a magnifying glass to see them. Governments merely have to enact mandates, provide subsidies, and the transformation to “clean” energy will just happen. Almost like in a fairy tale.
Here in the real world, however, we would need literally millions of weather-dependent wind turbines, billions of equally unreliable solar panels, millions of half-ton battery modules for vehicles, billions more modules to back up intermittent electricity generation, millions of transformers, and tens of thousands of miles of new transmission lines. All these technologies must be manufactured from metals, minerals, and petroleum extracted from the Earth, via mining on scales unprecedented in human history.
The dollar costs alone -- just for a U.S. transformation -- are almost incomprehensible........To Read More....
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