Why wind and solar power are running out of juice

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From wind power to electric cars, “green energy” initiatives have failed to solve the global power crisis — and are losing billions of dollars in the process.

, alternative energy proponents claim these are just temporary little potholes on the road to economic and climate nirvana — all of which can be filled with more money throughAn employee working on the factory floor at Rivian, the e-car start-up.Alternative energy madness – and that’s what it is – has had its biggest impact in California. Sales of new internal combustion vehicles will be banned beginning in 2035 in the states.

Siemens CEO Christian Bruch has doubled down on his insistence that wind power is a key to solving the global energy crisis.Because the wind doesn’t always blow and the sun doesn’t always shine, keeping the lights on will require far more backup resources. That’s like having to buy a second car and keep it idling all the time in case the first one won’t start.

Danish power giant Orsted has invested heavily in the US market — and also lost heavily. The company faces billions in additional losses in the US if it does not receive future subsidies and cash.Just ask everyone working on commercial fusion power, which has been just 30 years off for the last 50 years.

Miners in China, where materials such as graphite are excavated and also used to build electric batteries.Nevertheless, if politicians and environmentalists were serious about zero-emissions goals, they would abandon the electrification mandates, and abandon reliance on wind, solar, battery storage, DEFRs, green hydrogen, and other unrealistic and unreliable energy sources.

 

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Source: verge - 🏆 94. / 67 Read more »