Economics of Solar Energy Failures Have Been Ignored
Today’s best lithium-ion batteries have only a fraction of the energy density of hydrocarbons from oil and gas. Dec. 16, 2020 3:11 pm ET
Talk about irony. In the Dec. 12 paper one article (Exchange, “The Dicey Economics of Oil”) asks, “Does investing in oil and gas still make sense?” while later in the same issue “Another Green Subsidy Bust” (Review & Outlook) describes the Tonopah Solar Energy boondoggle. Today’s best lithium-ion batteries have only a fraction of the energy density of hydrocarbons from oil and gas. Until that fundamental problem is fixed, there will always be a place for oil and gas.