- I’ve identified, for the first time, the root fallacy behind the all the claims that “solar and wind are cheaper than fossil fuels.”
Truth: Solar and wind are only cheaper than fossil fuels in at most a small fraction of situations. For the overwhelming majority of the world’s energy needs, solar and wind are either completely unable to replace fossil fuels or far more expensive...
Why we should be suspicious of the pervasive claim that “solar and wind are cheaper than fossil fuels”
- Observe that “solar and wind are cheaper than fossil fuels” is usually invoked, not to encourage competition but to justify coercive government policies to punish fossil fuel use and favor solar and wind.
- Observe that the same people claiming “solar and wind are cheaper than fossil fuels” moved heaven and earth to demand at minimum hundreds of billions of dollars in subsidies under the “Inflation Reduction Act” for these supposedly “cheaper forms of energy.”..
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