Free Markets vs. Green Energy

Tomas Philipson posits that if markets are allowed to work, green energy will become cheaper than fossil fuels (“What Global Warming Has in Common With Covid,” op-ed, April 13). I would take this a step further.

If market forces and honest accounting are brought to bear on the “green economy,” most of it would disappear because it is based on magical thinking. Every windmill represents a net energy loss if the construction and supply chain is taken into account. Ditto for large-scale solar. Massive use of lithium batteries creates a host of externalities that may increase overall pollution. The technologies that have actually lowered emissions, such as fracking and nuclear, are off limits because they represent apostasy from the new green religion.

Leave a Reply

Your email address will not be published.

Back to top button