The guy that wrote is is a big Oil lobyist, and the Manhattan Institue is a conservative/big oil think tank
It is like someone from the early 1900s saying: Combustion engines will never take over, steam is 98% of power... etc.. etc..
yet in 10 years they did take over, first cars, then larger vessels (trains and boats). Coal/Steam power generation for trains was seen as a super polluting thing and unwanted in cities anymore.
Same thing is happening again, this time it is the combustion's engine turn to get replaced with something cleaner