- This is despite the debunking of the magical thinking of the ‘new’ energy economy by those who understand and respect the laws of physics and economics.
But scratch beneath the surface, and this ‘fallacy’ reveals itself as little more than a sleight of hand, a convenient narrative to prop up costly and unreliable energy sources at the expense of economic rationality.
Drawing on the incisive analyses of advocates of energy literacy such as Lars Schernikau and Ronald Stein, it’s clear that the real distortion lies in ignoring the full system-level costs and inefficiencies of wind and solar as well as the multiple uses of oil and gas as feedstock for myriad products...

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