Essay by Eric Worrall
h/t Dr. Willie Soon; You would think after spending uncounted trillions on renewables, there should be some evidence of decoupling between electricity prices and the cost of fossil fuel.
Andrew Dessler is the Director of the Texas Center for Climate Studies and the Reta A. Haynes Chair in Geosciences.
Dessler thinks he is demonstrating why we need more renewables. The problem with this position is Dessler is ignoring the trillions of dollars the USA and the rest of the world have already spent on renewables.
A reasonable expectation would be that all the previous investments in renewables should have yielded some value. But the graph provided by Dessler says it all – when the price of gas goes up, the price of electricity goes up in lockstep.
Renewables are doing nothing to liberate us from the pain of high gas prices.
Some of the smarter politicians have noticed – smart politicians are busy butt covering, making excuses about why the price of electricity is still tied to the price of fuel, acting like government intervention is required to correct the market. But surely they must know the truth – renewables are useless.
All the trillions of dollars spent on building and installing renewables have been a total waste of money.
Thank you Andrew Dessler, for helping to make our case for us.
via Watts Up With That?
August 2, 2022 at 08:59PM