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Thesis: The green energy revolution is failing everywhere, and I think it is possible the second Trump Administration will kill it off once and for all, everywhere. But I think the Daily Chart is an ideal place to track this with data, so let’s start a series!
Let’s start with Great Britain, where one day last week (not sure which date exactly) you can see how natural gas is the mainstay of Britain’s electricity, supplying just over 50 percent of the kingdom’s electricity. Just how are you going to get rid of gas (which “net-zero” eventually requires)? Not with windmills and solar panels. While wind is the second-largest supplier of electricity on this particular day, if you drive around the countryside of Great Britain, or sail offshore, you’d think wind was at least half the country’s supply.