Tyler Cowen on an “uh-oh moment for renewable energy”… Bloomberg

October 17, 2021 by Jim Colburn Leave a Comment

My favorite Economist, Tyler Cowen, addresses high energy prices vs. renewables, here…

”The Covid-19 pandemic has led to many unforeseen consequences, and right now we may be approaching one of the biggest: the possible neutering of the green energy movement. Prices of fossil fuels are rising sharply, and most of the world is responding by trying to get those prices back down again. Voters might end up bitterly opposed to ever seeing more expensive energy again. That poses a problem for the adoption of renewable energy, because during the transition away from fossil fuels, many forms of energy are likely to cost more.”

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