Net Zero' and economic decline
By Francis Maton.
What will the end of the illusion of green energy look like? From time to time (see, for example, here and here) I have described a vision in which a state or country crashes headlong into a "green energy wall" – an impenetrable barricade of physical impossibility, characterized by scarcity and power outages, with the economy suddenly collapsing. Among the net-zero zealot countries I have identified as the leading candidates for clashing against such a wall are Germany and Britain.
But perhaps the demise of the green energy illusion, rather than a sudden crash, will look more like a slow but steady decline, a gradual decline in economic activity and prosperity. In this scenario, high energy prices due to energy constraints drive key industries into bankruptcy and as good jobs disappear and energy prices rise, people gradually and inexorably become poorer. Recent events in Britain and Germany seem to point in the direction of this kind of scenario.
The latest edition of the GWPF's Net Zero Watch newsletter has the headline "Net Zero is dying." (Go here and follow the link for your own copy of the newsletter. I'm on the board of the U.S. branch of the GWPF.). Nine linked news articles over the past few days have all been about recent examples of industrial decline in Britain and Germany, each a result of energy prices deliberately driven up in the pursuit of 'net zero'.
Several documents relate to the imminent closure of the Port Talbot steelworks in Wales, resulting in the loss of up to 2,500 jobs. Illustrative is a Jan. 19 piece in the Daily Telegraph by Allison Pearson, with the headline, "Port Talbot has been sacrificed to the evil god of 'net zero.' Although De Telegraaf is behind a paywall, the NZW newsletter contains a long excerpt.
https://www.climategate.nl/2024/03/net-zero-en-economisch-verval/
