Tag Archives: Green energy

Why Californians Have Sky-High Electricity Bills, by Irina Slav

Green energy, the pride and joy of California’s powers that be, is expensive. From Irena Slav at oilprice.com:

Californians pay for some of the most expensive electricity in the United States. They also live in one of the greenest states, at least from an energy perspective. California is only going to get greener. Meanwhile, electricity bills are expected to continue their rise. Some deny there is a link between the two.

The facts show otherwise.

A paper by the California Public Utilities Commission released earlier this year identified the state’s plans to reduce greenhouse gas emissions by adopting more renewable energy as one big factor for bigger utility bills and expectations for further increases in electricity rates in the coming years.

The report said that while the state’s plans to reduce emissions will negatively affect electricity bills, a concerted switch to what the authors call “all electric homes and electric vehicles” could lead to a substantial drop in monthly bills. However, this would require a large upfront investment, which would be impossible to shoulder by medium- and lower-income households.

“In the absence of subsidies and low-cost financing options, this could create equity concerns for low- to moderate-income households and exacerbate existing disparities in electricity affordability,” the report said.

But funding such a hypothetical move to “all electric homes and electric vehicles” is only part of the problem. Another part, ironically, is distributed energy systems.

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The Myths of Green Energy, by Charles Hugh Smith

There are a lot of drawbacks, including environmental ones, to green energy. From Charles Hugh Smith at dailyreckoning.com:

Finance is often cloaked in arcane terminology and math, but the one dynamic that governs the future is actually very simple. Here it is:

All debt is borrowed against future supplies of affordable hydrocarbons (oil, coal and natural gas).

Since global economic activity is ultimately dependent on a continued abundance of affordable energy, it follows that all money borrowed against future income is actually being borrowed against future supplies of affordable energy.

Many people believe that alternative “green” energy will soon replace most or all hydrocarbon energy sources, but this belief is not realistic. All the “renewable” energy sources are about 3% of all energy consumed, with hydropower providing another few percent.

There are unavoidable headwinds to this appealing fantasy…

Reality Check

1. All “renewable” energy is actually “replaceable” energy, analyst Nate Hagens points out. Every 15-25 years (or less) much or all of the alt-energy systems and structures have to be replaced, and little of the necessary mining, manufacturing and transport can be performed with the “renewable” electricity these sources generate. Virtually all the heavy lifting of these processes require hydrocarbons and especially oil.

2. Wind and solar “renewable” energy is intermittent and therefore requires changes in behavior (no clothes dryers or electric ovens used after dark, etc.) or battery storage on a scale that isn’t practical in terms of the materials required.

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Biden Freezes Texas, by Israel Shamir

Go green, go frozen. Renewable power is intermittent power, and it can conk out at the worst times. From Israel Shamir at unz.com:

Freezing Texas should commission a monument: Greta Thunberg and Bill Gates save the Texans from global warming by turning them into icicles. So much for global warming, the reddest herring ever caught in the Gulf of Mexico!

The Texans have got the real New Green Deal, very expensive and uncertain. The deal is “Freeze and pay through your nose!” The green alternative pure cheap and plentiful energy is the stuff the dreams of AOC are made of. It is not likely to work out. Wind and sea are wonderful but hardly a reliable source of energy for heating in sub-zero temperatures.

The destruction of the oil, gas and coal industries (as preached by the Global Warmers) would definitely kill a lot of people, many more than its normal exploitation. The spell of frost in Texas would cause only small discomfort if the local providers weren’t threatened with extinction and unwilling to work on the gas-oil-coal infrastructure. They aren’t likely to invest if warned that this work will soon become obsolete, to be replaced with wind turbines and solar energy. Just compare the poor condition of Texas with that of Russia, where temperatures below -30 Centigrade (-22 F) cause no discomfort to citizens, because the Russians aren’t shy of using gas and oil on top of nuclear power.

If I were a conspiracist, I’d accuse the Biden administration of meddling and intentionally freezing the Trumpist Texans. I’d do it anyway as revenge for them blaming the corona crisis on Trump. Washington definitely didn’t try to force Texan energy suppliers to provide much needed heat for the Republican-dominated state. But Bidenists’ main crime is their declared adherence to the green projects, based on their irrational belief in the Global Warming myth.

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Winter Storm Threatens Germany’s Power…Freezing Hell Threatens If Already Rickety Grid Collapses! by P. Gosselin

Whatever the merits of solar and wind power, they unambiguously weaken power grids. Germany may pay the price for its infatuation with green technologies. From P. Gosselin at wattsupwiththat.com:

Green energy and COVID-19 lockdowns are playing energy Russian roulette with people’s lives. Perfect winter storm brewing. 

A winter blizzard is set to strike Central Europe, bringing with it the potential to wreak power outage havoc. Temperatures will plummet to as low as -15°C accompanied by bone-chilling high winds. Closed shops due to COVID-19 are leaving citizens unprepared. A protracted power outage would be devastating. 

In the coming hours, a high pressure system situated over Scandinavia and storm Tristan to the south will collide over central Europe and develop into dangerous weather conditions over one of Europe’s most populated regions, North Rhine Westphalia Germany.

There are some major problems with this storm that will test the German power grid stability and even possibly the citizens’ ability to fend for themselves.

Power grid at risk: hours of freezing rain

First will be the band of freezing rain that is forecast across the Ruhr region of North Rhine Westphalia. According to Kachelmannwetter.de, the freezing rain period could last hours and thus lead to heavy weight loads on power transmission structures as ice builds up. Lines could collapse.

High winds – even heavier loads

To make matters worse, high winds will further exacerbate the loads on the already ice-coated power transmission infrastructure – thus increasing the probability of power line structural failure and an ensuing power blackout, which in turn could cascade and threaten the European power grid.

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One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline? by Charles Hugh Smith

Charles Hugh Smith with an insight I haven’t seen anywhere else. From Smith at oftwominds.com:

Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback.

Back in the early days of the oil industry (1880s and 1890s), the product that the industry could sell at a profit was kerosene for lighting and heating. Since there was no automobile industry yet, gasoline was a waste product that was dumped into streams.

Why couldn’t the refiners produce only kerosene? Why did they end up with “worthless” gasoline?

The answer is a barrel of oil produces a variety of products. While there is some “wiggle room” to produce more diesel and less gasoline, etc., it isn’t possible to turn a barrel of oil into only one product.

John D. Rockefeller became very wealthy by cornering much of the oil market in the 19th century. But he didn’t become fabulously wealthy until the 20th century, when the rise of automobiles created a market for all the “waste” gasoline.

Rockefeller became super-wealthy when all the products of each barrel of oil could be sold at a premium rather than just a portion of the products.

This reality has been forgotten: the price that can be fetched for a barrel of oil depends on the demand for all the products, not just a few of the products.

Those demanding an all-electric auto-truck fleet as a “green” alternative will re-create the dilemma of what to do with the “waste” gasoline. The world will still want fuel for all those container ships bringing all the goodies of a consumerist society, all those cruise ships visiting ports of call, jet fuel for all those exotic vacations enabled by 550 mile-per-hour aircraft, and oil-based lubricants, plastics and petro-chemicals, and so oil will still be pumped and refined, and almost half of it will be gasoline.

We can either use it or throw it away but we can’t magically turn a barrel of oil into only one product.

This is a topic worthy of your understanding, so grab a vat of your favorite beverage and turn off all distractions.

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Plans for a global Dystopia, by Alasdair Macleod

The globalist financial powers intend to use what’s not working on a national level on a global scale. What could go wrong? An excellent article from Alasdair Macleod at goldmoney.com:

Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked.

A monetary reset incorporating state-sponsored cryptocurrencies will enable exchange controls to be introduced between nations by separating cross-border trade payments from domestic money circulation. The purpose will be to gain greater control over money and to direct its investment into green projects.

The OECD will build on current tax disclosures to make everyone’s income and capital known to governments and therefore readily taxable, money destined to kick-start economic growth. Under the guidance of supranational organisations, governments will redirect investment into green technology. The objective, particularly for Europeans, is to neutralise Russia’s increasing dominance of the global energy market by becoming carbon neutral by 2030.

But perhaps as Robert Burns put it, “the best-laid schemes o’ mice an’ men gang aft agley”. They are based on Keynesian fallacies, but cannot be ignored.

Introduction

There appear to be policy areas being driven by statist responses to events, encouraging global institutions to take on a coordinating role. It means deeper levels of centralised planning by unaccountable bureaucrats. Assuming their plans continue to gain credence, we could end up with a dystopian world where supranational bodies direct individual governments to conform. We are already on this road to perdition. The OECD has coordinated attempts by governments to restrict the freedom of their citizens to avoid taxes by forcing over a hundred jurisdictions to automatically supply information on the financial affairs of every citizen, irrespective of nationality and where they reside.

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