Are renewables a worthwhile or worthless investment?

 

It is sometimes argued that renewables sometimes create worthless energy at a very high cost; they only exist with huge taxpayers’ subsidies or as a result of users of non renewable energy being fined or taxed. It is further argued that if climate change is not caused by fossil fuel burning (perfectly feasible, but highly unlikely) then we will have invested in renewables at a very high cost for no reason, and we could have and should have used the money better.

It will not surprise you to learn that I disagree with these arguments and I think that they are false. The best way to explain why I think that renewables are valuable and important and necessary is to dissect the arguments against them, bit by bit. Continue reading