The Energy Transition Ain't Happening: "Clean Fuels"
/Come here for the latest news on how the so-called “energy transition” is grinding to a halt. No amount of government handouts can make this ridiculously uneconomic fantasy work.
My last post on the subject, on July 20, reported on the collapse of a large “green hydrogen” project in Australia, with the stated loss of an investment of about $2 billion (Australian) (equivalent to about $1.3 billion U.S.).
It seems that that one was just the tip of the iceberg.
Today’s Wall Street Journal has a substantial roundup of the financial status of a half-dozen or so so-called “clean fuel” projects.