Doesn't matter if the President can't read. He's rich enough to pay someone to read for him.
The Price of Renewable Energy
Renewable energy is more expensive than fossil fuel sourced energy. As there is no fuel cost, the high cost of renewable energy must be largely due to the cost of harvesting it. In large part, the cost of harvesting renewable energy is for equipment, windmills, transmission lines, etc., all of which have an embodied energy content that is reflected in the price paid for the energy harvested.
Whether renewable energy sources provide any net energy is thus open to question. The 2014 Scientific American article: Wind and Solar Harvest Enough Energy Now to Pay Back Manufacture Plus Add Storage, claims that wind and solar do pay back. But that's likely only in the best cases. It is probable, therefore, that renewable energy is still mostly a counterproductive Will o' the Wisp.
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