And that is the "sunk cost fallacy" in a nutshell. What you spent in the past has NO BEARING on your future investment decisions. It's a big foible of humans to think "Gee, I've spent so much on this loser, if I only spend a lot more I will make sure it really ISN'T a loser."
But what do failed divinity students know about finance and economics? All he knows is how to line his pockets with the stink of his corruption.
I remember joking from a previous crisis that “too big to fail” made more sense as a porno title.
Wishful thinking.
And the way they are doing it, there is also no way back. Wind and solar sources, in and of themselves, are just too expensive and unreliable to carry even a small part of the demand. Or, are we expected to CURB our demands to get into line with the sputtering and ultimately uneconomic very bad experiment.
Fifteen years from now, those huge fields of solar collectors and windmill towers will be as obsolete as landline telephones. But they shall leave vast mounds of essentially unrecyclable waste in their wake, to somehow be dealt with by future generations. Eventually the need for both abundant and relatively inexpensive electrical power will reassert itself, and the more nearly correct solutions may finally be applied. Somebody, somewhere, will finally recognize that carbon-based fuels do NOT produce anything like "global warming", that there are ways to utilize coal as a clean-burning fuel (since it shall have been determined that carbon dioxide is not, and never was, a "pollutant"), and nuclear power will be accepted, because evolving technology no longer requires a large land base or extraordinary techniques to protect against massive escapes of radiation through accidents or acts of sabotage. Thus, the power generation facilities may be located in close proximity to the point of the power consumption. Every little town, and even major cities, no longer would need to have power lines extending for miles to serve power up through what may be a very vulnerable grid, but to be localized and quickly recovered in the event of unanticipated outages.
https://www.energy.gov/ne/advanced-small-modular-reactors-smrs
Do your own research.