Journal Editorial Report: Paul Gigot interviews physicist Steven Koonin, author of"Unsettled." Image: Chip Somodevilla/Getty ImagesThe International Energy Agency, the world’s pre-eminent source of energy information for governments, has entered the political debate over whether the U.S. should spend trillions of dollars to accelerate the energy transition favored by the Biden administration.
The IEA assembled a large body of data about a central, and until now largely ignored, aspect of the energy transition: It requires mining industries and infrastructure that don’t exist. Wind, solar and battery technologies are built from an array of “energy transition minerals,” or ETMs, that must be mined and processed.
The world doesn’t have the capacity to meet such demand. As the IEA observes, albeit in cautious bureaucratese, there are no plans to fund and build the necessary mines and refineries. The supply of ETMs is entirely aspirational. And if it were pursued at the quantities dictated by the goals of the energy transition, the world would face daunting environmental, economic and social challenges, along with geopolitical risks.
The IEA stipulates up front one underlying fact that advocates of a transition never mention: Green-energy machines use far more critical minerals than conventional-energy machines do. “A typical electric car requires six times the mineral inputs of a conventional car, and an onshore wind plant requires nine times more mineral resources than a gas-fired power plant,” the report says.
As the IEA notes dryly, the transition is a “shift from a fuel-intensive to a material-intensive energy system.” That means a shift away from liquids and gases whose extraction and transport leave a very light footprint on the land and are transported easily, cheaply and efficiently, and toward big-footprint mines, the energy-intensive transport of massive amounts of rocks and other solid materials, and subsequent chemical processing and refining.
opinion MarkPMills Mark Mills
opinion MarkPMills The author is a partner at a firm that works for the oil and gas industry. I mean c’mon could WSJ find anyone MORE biased to lie for them?
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