Welcome to Canada, the land of free roads, cheap gas – and the world’s least fuel-eff

[chuckChuck]

Already has. Renewables are a lot of the new electricity generation capacityin the world because they are some of the lowest cost.

And storage is already here. But its going to a be a long transition no matter what.

[AlbertaFarmer5]

Already has. Renewables are a lot of the new electricity generation capacityin the world because they are some of the lowest cost.

And storage is already here. But its going to a be a long transition no matter what.

Then how do you explain the contradiction in your post number 183 where you show the statistics to prove that wind and solar are 28 times more expensive per unit of energy produced compared to fossil fuels?

It is actually much worse than that, considering how fossil fuels are also the base stock for most industrial products and asphalt etc. So that total investment would include far more than just the fossil fuels for primary energy production.

It almost seems as if you are avoiding addressing that inconvenient fact.

[AlbertaFarmer5]

Worldwide investment in clean energy in 2023: 1.8 Trillion for renewables vs about 1 trillion for fossil fuels! Says the IEA

[ATTACH]13410[/ATTACH]

https://iea.blob.core.windows.net/assets/8834d3af-af60-4df0-9643-72e2684f7221/WorldEnergyInvestment2023.pdf

Now you contradicted yourself in the Covid thread, where you stated this:

the meaningless stock valuations that have absolutely nothing to do with vaccine safety?

So investors opinion of pharmaceutical stocks are meaningless.

But in this thread, you claim that investment in renewables is paramount to actual results.

You need an editor to read your posts so you stop contradicting yourself at every opportunity.

[chuckChuck]

Huh?

Pfizer stocks are not going down because of safety concerns. They are going down because of declining demand for their products.

And the IEA chart that shows investments in clean energy much higher than fossil fuels just demonstrates that governments,industry and consumers are investing heavily in the transition away from fossil fuels.

You're still squirming because the study from the U of C lays waste to your central argument that renewables are the primary reason why electricity prices are going up in Alberta!

Wrong again! A5. The primary reason is the deregulated market and markup! Give up!

Solar and wind are helping to reduce wholesale electricity prices even if they are intermittent.

[AlbertaFarmer5]

Solar and wind are helping to reduce wholesale electricity prices even if they are intermittent.

Then why did you post the graph from the IEA proving that they renewables require at least 28 times more investment per unit of energy produced?
Are you smarter than the IEA?

[chuckChuck]

Alberta NDP says renewable energy windfall should benefit consumers, industry

https://www.theglobeandmail.com/canada/alberta/article-alberta-ndp-says-renewable-energy-windfall-should-benefit-consumers/

"The contracts were signed between 2015 and 2017. Companies were then willing to bid between $30 and $43 a megawatt-hour, far lower than expected and a reflection of how cheap renewables have become to install.

Market prices for power have since more than quadrupled."

You're still squirming because the study from the U of C lays waste to your central argument that renewables are the primary reason why electricity prices are going up in Alberta!

Wrong again! A5. The primary reason is the deregulated market and markup! Give up!

Solar and wind are helping to reduce wholesale electricity prices even if they are intermittent.

[AlbertaFarmer5]

Alberta NDP says renewable energy windfall should benefit consumers, industry

https://www.theglobeandmail.com/canada/alberta/article-alberta-ndp-says-renewable-energy-windfall-should-benefit-consumers/

"The contracts were signed between 2015 and 2017. Companies were then willing to bid between $30 and $43 a megawatt-hour, far lower than expected and a reflection of how cheap renewables have become to install.

Market prices for power have since more than quadrupled."

You're still squirming because the study from the U of C lays waste to your central argument that renewables are the primary reason why electricity prices are going up in Alberta!

Wrong again! A5. The primary reason is the deregulated market and markup! Give up!

Solar and wind are helping to reduce wholesale electricity prices even if they are intermittent.

So the wind and solar investors don't expect any ROI? How can it cost 28 times more per unit of energy produced, and result in the cheapest energy? You seem to be avoiding confronting this contradiction which you brought to our attention.

[Guest]

Does he not read his cut and pastes before posting ,lol?

[AlbertaFarmer5]

Does he not read his cut and pastes before posting ,lol?

There definitely appears to be a comprehension problem.