Alex Epstein

@AlexEpstein ↗

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Last Checked Sept. 21, 2022

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Wed Sep 14 15:46:48 +0000 2022

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Alex Epstein @AlexEpstein

Myth 8: The IRA will rapidly lower CO2 emissions Truth: CO2 emissions are a global issue; the only practical way of lowering them is developing globally cost-competitive low-carbon energy. The IRA’s subsidies for non-competitive low-carbon energy will have little global effect. — PolitiTweet.org

Posted Sept. 14, 2022

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Alex Epstein @AlexEpstein

Not only does China dominate mining and processing of "renewable" materials, they dominate its manufacturing thanks to low-cost fossil fueled (especially coal) factories. By making electricity more expensive and less reliable the IRA makes us even less competitive in this space. — PolitiTweet.org

Posted Sept. 14, 2022

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Alex Epstein @AlexEpstein

An honest approach to CO2 emissions must recognize that they are a global issue—and they are rising because the world needs far more energy and CO2-emitting fossil fuels are usually the cheapest way to provide it. E.g., China and India are developing hundreds of new coal plants. — PolitiTweet.org

Posted Sept. 14, 2022