Wind And Solar Dreams Clashing With Hard Economic Facts

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The International Energy Agency's optimistic net-zero energy transition goals face real-world economic challenges, causing a reevaluation of their feasibility.

against this, saying it would make their products more expensive—and they already cost a pretty penny.

The IEA then went on to note that the biggest obstacle was permitting—but it is quite likely that the cost of expanding grids at a rate of 2 million kilometers annually would be quite prohibitive. The UK's Prime Minister Rishi Sunak caused an uproar this month when he announced several changes to the Tory party's net-zero plans, including a five-year delay to the ICE car sales ban and a laxer target for the replacement of gas boilers with heat pumps., which are even more pro-net zero than the Tories, recently said they would stick with the watered-down gas boiler phaseout plan of Sunak, should they win the next election.

 

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