There is a big difference between the Peak Oil/Peak Gas and Peak Coal warnings. The former is based on a shortage of economical resources, basically when the marginal cost of Oil or Gas production is higher than the Market is willing to pay.
While the Coal the claim is largely based on a pipe dream that wind/solar will displace coal and nations will embrace expensive, unreliable wind & solar power to meet GHG emissions targets. Looking like that is more dubious with every COPfest.
Is it too early to simply say that the climate alarmists and renewable enthusiasts were wrong? Naive? Presumptuous?
There's no shame is letting your bias color your beliefs and predictions... but I've been hearing this tune for a half-decade now.
You folks were WRONG.
There is a big difference between the Peak Oil/Peak Gas and Peak Coal warnings. The former is based on a shortage of economical resources, basically when the marginal cost of Oil or Gas production is higher than the Market is willing to pay.
While the Coal the claim is largely based on a pipe dream that wind/solar will displace coal and nations will embrace expensive, unreliable wind & solar power to meet GHG emissions targets. Looking like that is more dubious with every COPfest.