And On The Other Hand

And On The Other Hand

41 Inconvenient Truths

Have you ever wondered why after worldwide spending of trillions of dollars for years, we don’t seem to see much progress on achieving the “green”

Picture of Barry J. Klazura

Barry J. Klazura

January 21, 2022

Have you ever wondered why after worldwide spending of trillions of dollars for years, we don’t seem to see much progress on achieving the “green” agenda? Germany puts out more CO2 than ever before, the U.K. and much of western Europe is facing heating shortages, the cost of EVs has gone up and not down, etc., etc.

The link to the article below presents 41-inconvenient truths about the new energy economy with many uncomfortable technological facts including the incredible inefficiency of solar and wind power. The total cost of going green is just not in the cost of creating a new infrastructure but in the increased cost of storage, transportation, etc.

If you ever wonder why we never hear about how our costs of energy have gone down, or will be going down, then simply invest a few minutes but be prepared to be disillusioned and even disgusted. We have been sold a bill of goods by politicians and special interest groups who have vested monetary interests in the “green revolution.”  We have seen this before as every great movement has a life span of about ten years and then the next great crusade is discovered. When the ”green revolution” collapses under its own financial cost (much like the old Soviet Union), we will find many of the current “believers” installed in the offices of their new causes.

The good news is that when that happens, the market will develop at a reasonable cost, technologies that will answer many of the goals of the “green revolution.”  That type of progress has been seen in human history repeatedly. It is not big government and a hysterical movement that has led to ever higher standards of living, great leaps in food production, etc., but the natural human desire to move forward toward a better life.

https://fee.org/articles/41-inconvenient-truths-on-the-new-energy-economy/

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Written by Barry J. Klazura

Writer, historian, and financial advisor. I studied Political Science at Loyola University Chicago and have spent a lifetime reading history. I write because the mainstream will not ask the hard questions. 

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