Renewable energy transition makes dollars and sense

An article published by the UNSW debunks claims that renewable energy will harm the economy. The article says “A/Prof Diesendorf said their findings were controversial in light of some fossil fuel and nuclear power supporters, as well as some economists, rejecting a transition to large-scale electricity renewables.

“These critics claim the world’s economy would suffer because they argue renewables require too much lifecycle energy to build, to the point of diverting all that energy away from other uses,” he said. 

“Our paper shows that there is no credible scientific evidence to support such claims, many of which are founded upon a study published in 2014 that used data up to 30 years old.