Energy Discussion

[sevenhelmet]

Paywall.

I remain skeptical that renewables are going to have any significant impact on decarbonization, particularly when you take the full life-cycle of renewables into account.

An intellectually-honest argument to reduce fossil fuel use for energy involves increasing nuclear power capacity, particularly as electrical demand is increasing with population and demographic shift (e.g. electric cars) much faster than renewables are being built.

 

[Randy Daytona]

I am skeptical - there is neither enough sun nor wind to go renewable in Germany. Despite the billions upon billions of euros, their transition to renewable power has been a failure. With interest rates going up, its only going to get more expensive to install. And if Germany can’t make it work / can’t afford to make it work - then it looks like coal for a longer duration for Germany and Eastern Europe than anyone wants to contemplate.

And everyone said coal was dead….

Interesting article on the finance side of renewables:

Building wind power, canceling coal — it’s all drowning under borrowing costs

Central banks' efforts to tame inflation have made it harder for both wealthy and poor nations to shift away from fossil fuels.

www.politico.com