Inconvenient Energy Realities: The Math Behind the "New Energy Economy" | Economics21

Inconvenient Energy Realities: The Math Behind the "New Energy Economy" | Economics21

• The math behind “The New Energy Economy: An Exercise in Magical Thinking”

"A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have fueled societies for centuries. 
Regardless of one’s opinion about whether, or why, an energy “transformation” is called for, the physics and economics of energy combined with scale realities make it clear that there is no possibility of anything resembling a radically “new energy economy” in the foreseeable future. 
Bill Gates has said that when it comes to understanding energy realities “we need to bring math to the problem.”
He’s right. 
So, in my recent Manhattan Institute report, “The New Energy Economy: An Exercise in Magical Thinking,” I did just that.
Herein, then, is a summary of some of bottom-line realities from the underlying math. 
(See the full report for explanations, documentation and citations.)..."

• Realities About the Scale of Energy Demand"

All the data here.

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