Europeans Mutiny Against Committing Economic Suicide by Green Energy Policy

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Irish Energy Expoert: “Greenery as practiced has become a cult, and an anti-business cult at that.”

I noted that the rhetoric was a blend of hyperbole and desperation, as the average citizen now recognizes that the harsh and unnecessary rules imposed upon them do not seem to impact elites…like the bureaucrats in the United Nations or World Economic Forum. Those in power, have used climate and the environment to make sweeping rules that allow them to profit.

The state has demanded a sacrifice from its citizens, but can it keep its promises? It says the country can produce half a million heat pumps a year from 2024, reaching a total of six million by 2030, one of its benchmarks on the way to net zero by 2050. But four million will be needed by next year alone. Almost weekly, new factories are being set up, most of them in eastern Europe. The Americans, flush with green subsidies from the Biden administration, are moving into the market.

David Horgan, who has 40 years of high-level experience in the development of natural resources in Latin America, Africa, and the Middle East, recently made the case that Europeans were committingDavid Horgan reviews the significance of reliable and affordable energy to society, and then summarizes the growing global supply/demand imbalances, describing how investment in reliable supplies is now falling well short of societal needs.

 

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