What President Trump Can Do With The American System 2.0 - Flipbook - Page 28
Green Energy Is an Inflationary Boondoggle
Stripping away subsidies and other a琀琀empts to arti昀椀cially lower the costs of wind and
solar, we get a much clearer understanding of so-called green energy when we look at the
physical costs for these systems in terms of their raw material requirements. Because wind
and sunlight are inherently low density sources of energy, they require much larger amounts
of land to capture enough energy. Wind and solar require 300 to 400 times more land area compared with nuclear power to provide the same electricity. This much larger land area has to be covered with vast arrays of wind turbines and solar panels, which require massive amounts of
materials to produce. For a fair comparison,
we can look at the raw materials required to
build and maintain di昀昀erent electricity generation systems and compare that with the
total energy they provide during their lifecycle. This allows us to compare the di昀昀erence in the amount of steel, copper, concrete,
etc. required to produce the same amount of
electricity. The result? Wind and solar require
10 to 15 times the raw materials to produce the
same electricity as coal, natural gas, or nuclear
power. Thus the “Green New Deal” is inherently entropic (and hyperin昀氀ationary), since
it needs vastly higher energy-of-the-system
requirements (in raw material inputs, along
with the labor required to produce those raw
materials) to provide the same electricity
output. Simply put, you’re dramatically increasing your costs, just to get the same product in the
end, the perfect policy to destroy the economy.
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What President Trump Can Do With the American System 2.0