Jo Nova explains
In June this year the UNEP report announced that Global Renewable Energy investment reached $257 Billion in 2011. It’s so large it rivals the $302 billion invested in fossil fuel power. But how much electricity do we get for all that money? When the details are pulled from the fog, a quarter of a trillion dollars appears to produce only about 3% of all our global electricity, and even less of our global energy. All that money, so few gigawatts.
She then goes through many of the tricks to make alternatives appear to be working better than they really are, including adding hydro-power into the mix. Remember, enviroweenies want hydro-electric damns torn down for a variety of reasons.
I’m not against alternative energy methods: I just want to see them done in a way that makes sense, and provide electricity at a low cost. Furthermore, we shouldn’t be limiting our current power with old school “dirty” methods till they can be replaced sensibly.
