Subsidized green energy...that's not economically viable. No place in Canada can support wind or solar without a massive govt grant or tax dollars thrown at it. My chart is accurate.
And on a 20 yr payback the equipment will be worthless and you will have to repeat your entire sunk cost again.
What about the massive pit mining operation that needs to accompany the technology to extract rare earth metals for the equipment and lithium for the batteries. Where is that cost. You have to move millions of tons of overburden to extract a tiny amount of these elements. Will make the oil sands look like nothing.
And on a 20 yr payback the equipment will be worthless and you will have to repeat your entire sunk cost again.
What about the massive pit mining operation that needs to accompany the technology to extract rare earth metals for the equipment and lithium for the batteries. Where is that cost. You have to move millions of tons of overburden to extract a tiny amount of these elements. Will make the oil sands look like nothing.
Comment