Face It: The Energy Transition Ain’t Happening — Manhattan Contrarian
Wind power and EV sales stalling or in retreat, while coal, oil and gas advance. Things are not going according to the climate alarm script, despite assorted government interventions.
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If you are at all interested in matters of climate and energy, you have probably read hundreds of articles over the past few years about the inevitability of the coming energy transition, says the Manhattan Contrarian.
A piece of the claimed inevitability is that all good and decent people support this transition as a matter of moral urgency; but it’s not just that.
Nor is it just that government backs the transition with all its coercive powers, from subsidies to mandates to regulations. No, most importantly, the transition is said to have become inevitable due to unstoppable economic forces.
Wind and solar are now the least expensive ways to generate electricity! Electric vehicles are superior and are taking over the market! And the legacy fossil fuel producers who refuse to change their ways are seeing their huge investments become “stranded assets” that can no longer compete in the new world and must be written off!
Well, look to Manhattan Contrarian as your go-to source for news on how this supposed energy transition is going. The summary is that all the mandates and regulations and trillions of dollars in subsidies in the world can’t make the impossible happen. Here are a few items from the past week:
Continued here.
Source: https://tallbloke.wordpress.com/2024/02/05/face-it-the-energy-transition-aint-happening-manhattan-contrarian/
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