Ted Nordhaus writes extremely well here and is a credit to his profession. This article sums up many key aspects of the decarbonisation debate and how insane it is to shun fossil fuels and nuclear and push for blanket renewable energy generation. Well worth the read.
ARTICLE / SOURCE:
In Global Energy Crisis, Anti-Nuclear Chickens Come Home to Roost – Foreign Policy
On current price rises:
“In California, Gov. Gavin Newsom has ordered companies owning backup diesel generators to operate them nonstop when electricity demand is high in order to avoid rolling blackouts. In Britain, exploding natural gas prices have shuttered factories, bankrupted power companies, and threaten to cause food shortages. Germany, meanwhile, is set for the biggest jump in greenhouse emissions in 30 years due to surging use of coal for power generation, which the country depends on to back up weather-dependent wind and solar energy and fill the hole left by its shuttered nuclear plants.”
On price blow-outs from over-reliance on renewables:
“Unfortunately, California’s electricity follies are hardly exceptional. Germany’s hundreds of billions of euros in renewable energy subsidies have bought it the costliest retail electricity in Europe. The need to fill the hole left by the nation’s shuttered nuclear plants and back up growing wind and solar generation has forced Germany to become even more dependent on domestically produced (and extremely carbon-intensive) lignite coal and Russian natural gas, resulting in largely stagnant—and lately rising—emissions. The former has forced the nation to delay its climate ambitions. The latter has left Germany’s economy and citizenry vulnerable to price gouging and blackmail. Belgium, bowing to pressure from the country’s Green parties, is moving forward with plans to retire its nuclear power plants by 2025 without so much as a pretense of replacing them with clean generation. Instead, it will subsidize construction of new natural gas plants. Spain, meanwhile, just announced electricity price controls in response to spiraling natural gas and electricity prices, a move that threatens both its renewable energy and nuclear power sectors.”