The Energy Transition Ain't Happening: "Green" Economy In Retreat
/As mentioned in my recent post from July 20, there are many data points gradually accumulating as to the lack of progress toward the so-called “green” economy.
It has long been clear to people who think about it that the energy transition to “net zero” is a fantasy that will not occur.
But the question remains of exactly how the mania will come to an end. Will the net zero fantasies of the climate cultists proceed at full speed until they crash into a wall of physical reality (e.g., blackouts)? Or instead will these fantasies gradually retreat as governments respond to voter pressure over costs and convenience, and as investors pull back as it becomes clear that projects cannot succeed financially?