Useless Green Energy Hitting The Wall
October 13, 2021/ Francis Menton
In the field of litigation settlements, people sometimes talk about a “win, win” scenario — a settlement structure where both sides can get some advantage and simultaneously claim victory. By that criterion, what is “green” energy (aka intermittent wind and solar power)? The public pays hundreds of billions of dollars of subsidies to get the things built, and in return it gets: sudden shortages and soaring prices for coal, oil, gas and electricity; and dramatically reduced reliability of the electrical grid, leading to periodic blackouts and risks of many more of same; and despite it all fossil fuel use doesn’t go down. It’s a “lose, lose, lose.”
As the world comes out of the pandemic and the international economy returns to attempting to fulfill normal consumer demand, you can see green energy hitting the wall pretty much everywhere you look. It’s just a question of which data points you want to collect for a day’s entertainment.
The current energy crisis in Europe and Asia is of course getting next to no coverage in the U.S. media. But over at Bloomberg News they have a big story on October 4. That’s Bloomberg News as in Mike Bloomberg — the man with four private jets and at least ten houses who devotes his public life to hectoring you to cut your “carbon footprint.” But now suddenly the Bloomberg News people seem to have figured out that periodic energy crises are an inevitable consequence of increasing reliance on the undependable wind and sun. The headline of the article is “Global Energy Crisis Is the First of Many in the Green Power Era.” The Bloomberg piece itself is behind paywall, but extensive excerpts can be found at Climate Depot here, where they call it a “moment of clarity”:
https://www.manhattancontrarian.com/blog/2021-10-13-useless-green-energy-hitting-the-wall
