World’s Most Expensive Joke: $2 Trillion Squandered on Wind & Solar (So Far)…

The point, if there was one, of throwing hundreds of $billions in subsidies at wind and solar was to slash emissions of carbon dioxide gas. Taxpayers and power consumers who are on the receiving end of the bill for all this environmental piety would, after almost 20 years, be entitled to ask just how much bang they’re getting for their buck?

The short answer is: not much.

STT leaves the battle over carbon dioxide gas to others.

Our view is pretty simple: if a naturally occurring beneficial trace gas, essential for all life on earth, really is killing the planet, then there is only one available solution. And that’s nuclear power.

In 2018, if a climate alarmist is still waging war on CO2 (although he’ll call it ‘carbon’) and not talking about nuclear power, you know you’re dealing with a deluded crank.

One character who’s still pretty fired up about carbon dioxide gas is Michael Shellenberger. However, Shellenberger worked out in short order that wind and solar don’t provide any solution, to anything. Whether that’s providing meaningful power; or reducing CO2 emissions in the electricity generation sector.

Remember, that the only real justification for intermittent and unreliable wind and solar is that this pair reduce CO2 emissions.

So – given that there’s no proof of reductions in CO2 emissions due to the introduction of wind and solar and plenty of proof to the contrary – those cashing in on climate alarmism are little more than a well-drilled band of thieves operating under State license.

Carbon Emissions Rose in 2017 Despite Record Solar & Wind — More Proof They Can’t Save The Climate
Forbes
Michael Shellenberger
13 June 2018

Carbon emissions are on the rise despite record-breaking deployment of renewables, according to new BP Energy data released today.

“Despite the extraordinary growth in renewables in recent years,” said BP, “and the huge policy efforts to encourage a shift away from coal into cleaner, lower carbon fuels, there has been almost no improvement in the power sector fuel mix over the past 20 years.”

The data is further evidence that dilute and unreliable sources of energy like solar and wind cannot replace coal and other fossil fuels and will not lead to significant reductions in carbon emissions.

Coal grew one percent in 2017 — its first growth since 2013. For the last few years, energy analysts had speculated that we had reached “peak coal,” thanks to abundant cheap natural gas.

Natural gas consumption grew three percent globally and a whopping 15 percent in China in 2017.

The last few years have seen huge amounts of hype about India’s investment in solar, but according to BP, the global rise in coal consumption came mostly from India, and to a lesser extent, China.

And, “despite all the talk of peak oil demand, increasing car efficiency, growth of electrical vehicles,” BP notes, oil consumption grew 50 percent faster in 2017 than its decade-long average.

The growth of coal and natural gas was enough to wipe out any emissions reductions from wind and solar, which grew 17 percent and 35 percent, respectively.

Wind and solar account for just just six percent of total electricity globally, despite decades of subsidies. The growth of fossil fuels was enough to wipe out any emissions reductions from wind and solar, which grew 17 percent and 35 percent, respectively.

According to Bloomberg New Energy Finance (BNEF), public and private actors spent $1.1 trillion on solar and over $900 billion on wind between 2007 and 2016. According to BNEF, global investment in these clean 10 energies hovered at about $300 billion per year between 2010 and 2016.

To put this roughly $2 trillion in investment in solar and wind during the past 10 years in perspective, it represents an amount of similar magnitude to the global investment in nuclear over the past 54 years, which totals about $1.8 trillion.

A big part of the problem has been the decline of nuclear. “The share of non-fossil in 2017 is actually a little lower than it was 20 years ago,” noted BP, “as the growth of renewables hasn’t offset the declining share of nuclear.”

My organization, Environmental Progress, was the first to alert the world about the impact that declining nuclear power as a share of global electricity was having on efforts to deal with climate change.

Over the last two years, renewable energy advocates have insisted that solar and wind can make up the difference. The new BP Energy data is further proof that they cannot.
Forbes

These things were never going to stack up … on any level.

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.

Comments

  1. Take a look at an article written about the current situation in Ontario:
    https://business.financialpost.com/opinion/fords-ontario-is-only-closed-for-business-to-businesses-hosing-ontario
    The Liberal government here was ‘decimated’ in the recent election. They even lost their party status because of the mess they made. It took an election to stop the madness.

  2. Time to kick renewable energy out the back door of Parliament House Canberra.

    Give renewable energy back to the hobbyists. Leave it to them to tinker with whilst the Government gets on with the real job of building new base load HELE coal plants and Generation IV nuclear power facilities. Australia is being left behind yet again by the likes of China. We are being overtaken by a Very Fast Train.

    And what do we have to show for it?

    The ‘Warrnambool rattler’, parading its way through paddocks of gigantic wind turbines that are owned by far off distant lands, as the train to Melbourne winds its way back to Southern Cross station, bottoming out on its worn out suspension springs, clattering and banging all the way.

    Wake up Australia.

    • No Votes in updating the ‘ Warrnambool rattler’ Crispin.
      This train/ rolling stock should be in a museum.
      I know, I have had the misfortune to travel from Melbourne – Warrnambool on this train – Once!

  3. 4TimesAYear says:

    Reblogged this on 4TimesAYear's Blog.

  4. Reblogged this on Climatism and commented:
    “The data is further evidence that dilute and unreliable sources of energy like solar and wind cannot replace coal and other fossil fuels and will not lead to significant reductions in carbon emissions.”

    AND, as a result of the reckless and ruinous “Save The Planet” pursuit of weather-dependent, intermittent, costly, symbolic, novelty sources of non-energy – wind and solar…

    “Coal grew one percent in 2017 — its first growth since 2013…”

  5. Steven J Bernard says:

    The conspiracy theorists among us might conclude that diffuse and intermittent sources of power like wind and solar were never meant to replace fossil fuels, but rather to lock them in. Wind and solar need constant backup from natural gas, while their added capital investment raises the price of electricity, reducing the economic benefit of switching to electric vehicles. Moreover, their variability wreaks havoc on the economics of baseload coal and nuclear power plants, driving them to premature closure and retirement. It’s no wonder the oil and gas industry loves them so much.

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