The depth of decarbonization will ride the line where the net of cost and convenience meets that of conventional alternatives. Polling from the University of Chicago indicates 38% of Americans are willing to chip in one (1) dollar per month to fight climate change, down fourteen percentage points from 2021 (presumably, that 14% are willing to pay nothing now). Or, as one Wall Street Journal article noted in November, “Someone has to pay for it, and shareholders and consumers decided this year it wouldn’t be them.” For instance, I like to cut, split, stack, haul, and burn wood for heat. It must burn hot…
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Two weeks ago, I wrote the “electric storage industry that is grabbing all they can before someone figures out that will never be the answer to bridging gaps of intermittent renewables.” Time’s up. Utility Dive last week quoted a North American Electric Reliability Corporation (NERC) spokesman: “Batteries aren’t going to do it, and we’re going to need a backup fuel for wind and solar. So this is important to invest in.” The rest of this post includes a dive into consumer choice and what things might look like at scale. Consumer News In fresh news from Holman Jenkins of The…
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