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Thorner: More Green New Deal revelations don’t bode well for future

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Windmill blades can't be recycled. They're filling up landfills

By Nancy Thorner - 

The radical Greens say to "follow the science", ignoring the mounting evidence that real science does not support their climate Doomsday-ism. It certainly doesn't support the draconian Green New Deal solutions they demand, but which will have little actual impact on the Earth's climate. The climate panic crowd has been stoking fear and waging misinformation campaigns for decades.

The entire point of Biden's climate agenda has been to raise the price of energy by increasing the cost of coal, oil, and natural gas using all regulatory means possible.

Toyota bet right in not going all electric and out of sedan vehicles. “Based on their advertising, it seems that every automotive manufacturer has decided that I need to drive a battery-powered vehicle. This is at a time when internal combustion engines have become much more efficient and refined, with pollution almost eliminated. I grant you we are going through a time of expensive fuel. There is, however, plenty of supply and eventually, prices will come down.  We just need the will to extract it from the ground which can be done with less impact on the environment than for instance, mining rare earth elements needed for car battery production.”

The “clean” electric power for the “clean” electric car is also a polluting waste of money: (Reuters) “The Solar Star project in California is among the largest solar energy facilities in the world, boasting 1.7 million panels spread over 3,000 acres north of Los Angeles. Its gargantuan scale points to an uncomfortable fact for the industry: a natural gas power plant 100 miles south produces the same amount of energy on just 122 acres. The dynamic encapsulates the industry’s biggest obstacle to growth: Solar farms require huge amounts of land, and there’s a fast-growing movement, fueled by politicized social-media campaigns, to prevent solar developers from permitting new sites in rural America. That’s a major problem…” 

“Natural gas power plants have the advantage of not killing endangered birds.”  and “If they steal solar panels now out of locked railroad cars, imagine 3000 acres of the things?”

Solar panels and birds

Billions of birds die annually from collisions with windows, communication towers, wind turbines, and other human-made objects. One reason is that birds see a reflection of the sky in the object and think they’re flying into an obstruction. 

This is even a problem for solar panel facilities, which see up to 138,000 bird deaths per year in the US from collisions with equipment. Though damage to the solar panels is minimal, officials worry about the impact these structures have on local wildlife. To combat the problem, the Department of Energy (DOE) has awarded Argonne National Laboratory $1.3 million to develop a system that can automatically monitor bird activity.

Crony capitalism

Everything is obvious except to the crony capitalists who think they can always count on government to bail them out of every idiotic decision.  No wonder Musk is getting out of Tesla into Twitter.  Musk is trying to find something better with his money and having a social media platform to defend himself "when Tesla can't sustains its lofty stock price when sales growth slows later this year".

It was announced on Tuesday, April 19, 2020, Tesla rides higher prices to fatter profit, as Elon Musk complains about costs, that “Tesla earned $3.22 a share from $18.8 billion in sales. Wall Street was looking for EPS of about $2.20 to $2.30 a share from about $18 billion in sales. Tesla earned $2.54 a share on sales of $17.7 billion in the fourth quarter of 2021.  Operating profit came in at $3.6 billion, compared with expectations for about $2.61 billion.  Shares were up 2.2% in after-hours trading, just after the results were released.

Musk is being a hypocrite complaining about higher costs and supply chain problems when his company is supposedly making big profits.

In any case, why should taxpayers subsidize this industry?  Why can't it stand on its own?

Good and bad news

The good news is that Americans overwhelmingly reject the Biden anti-U.S. energy campaign.  A Rasmussen survey dated Monday, March 7, 2022, finds that "70% of U.S. voter believe our government should encourage increased oil and  gas production to reduce American dependence on foreign sources of oil and gas.    
 
Bad news: Oil from Biden's Emergency SPR Release Is Heading For Europe
 
According to Bloomberg the Suezmax ship Advantage Spring – sailing for Rotterdam, Holland – according to ship-tracking data – received emergency SPR sweet crude from Energy Transfer’s Nederland oil facility around April 1, 2022 for export. Joe Biden's decision to release 180 million barrels of oil from the US Strategic Petroleum Reserve – one million barrels per day for 180 days, ending just before the midterm elections which the Democrats will lose in an avalanche – was meant to help lower US gasoline prices "because Putin price hike." Instead, it is heading for Europe. [..] The Advantage Spring was chartered by Atlantic Trading, an affiliate of Total, ship fixtures data show.
    
Apparently, the definition of emergency now includes making a profit at the expense of American consumers because sooner or later a real emergency will hit and then it will be too late, while easing the true energy emergency over in Europe.
 
According to Matt Smith, oil analyst at commodity data firm Kpler, this is the first export of SPR crude since last November, 2021. Which means the oil was apportioned from Biden's shock SPR release.
 
One wonders what is behind Biden's decision to make US emergency SPR oil available across the Atlantic; we can only hope that it doesn't mean that in the coming midterms mail in ballots will also be made available to Europeans. Excerpted and adapted full original report from Tyler Durden, Zero Hedge here.

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2 COMMENTS

  1. What happens in July, August, and September? Oh yeah, hurricanes. And what happens when those hurricanes travel in the Gulf of Mexico? Yep, shutdown of oil drilling. I would say cross your fingers that the Gulf avoids a hurricane, but we all know the Gulf gets them every year. Ask Joe what happened to our reserves.