Obama's Renewable Energy Ideology Dangerous : Economic Prostitution

Sigh, here we go again - I wonder if any of this sinks in to the cranial thickness of the average citizens that voted for the progressive socialist liberal democrats? This has been in the news for years and is constantly being trotted out as the only way to save the planet is by getting rid of all fossil energy and replacing it with renewables.

It started as global warming and is now climate change. There is no scientific evidence to support this nonsense, only computer models and have been prostituted by the progressive socialists and environmental fascists with managed data to make their "settled science" work to their advantage.

That this is the idea of lunatics is of no consequence for millions of voters that twice voted to bring this nightmare to a reality.

Obama's Renewable-Energy Fantasy
Source: Rupert Darwall, "Obama's Renewable-Energy Fantasy," Wall Street Journal, July 5, 2015
July 7, 2015

On June 30, President Obama committed the United States to the goal of generating 20 percent of its electricity from renewable sources by 2030. This would nearly triple the amount of wind- and solar-generated electricity on the national grid, Rupert Darwall writes in the Wall Street Journal.

Recently Bill Gates explained why current renewables are dead-end technologies. They are unreliable. Battery storage is inadequate. Wind and solar output depends on the weather. The cost of decarbonization using today's technology is "beyond astronomical," Mr. Gates concluded.

If President Obama gets his way, the United States will follow the road traveled by the European Union. In 2007, Europe adopted the target of deriving 20 percent of its energy consumption from renewables by 2020. To see what the U.S. might look like, Europe is a good place to start.

• Germany passed its first renewable law in 1991 and already has spent $440 billion on its so-called Energy Transition.
• The German environment minister has estimated a cost of up to $1.1 trillion by the end of the 2030s.
• With an economy nearly five times as large as Germany's and generating nearly seven times the amount of electricity, this suggests the cost of meeting Mr. Obama's pledge is of the order of $2 trillion.

One unintended consequence of the fracking boom, however, is the displacement of coal by natural gas. A 2014 Brookings Institution study estimated that replacing coal with modern combined-cycle gas turbines cuts 2.6 times more carbon-dioxide emissions than using wind does, and cuts four times as many emissions as solar.

Mr. Obama's renewable target does not produce jobs, growth or prosperity.