And On The Other Hand

And On The Other Hand

The Real Cost of “Green” Energy

As much of the world is finding out, “green” energy is expensive. Electricity rates in Germany are 3-4 times higher than in the U.S., in

Picture of Barry J. Klazura

Barry J. Klazura

August 15, 2022

As much of the world is finding out, “green” energy is expensive. Electricity rates in Germany are 3-4 times higher than in the U.S., in California they are 2-3 times higher than in the rest of the U.S., the list goes on and on. Added to this is the fact that it is unreliable and even if all noble targets were reached, the world would still get 75% of it’s energy from fossil fuels.

But the numbers are even worse than we think, for the rates do not include the subsidies which we all pay for delivery for unreliable service. In 2017, the Department of Energy found that subsidies to the “green” sector were running ten times higher than to fossil fuels. This does not include the problem yet unsolved, of disposal of wind turbine blades (mostly buried in some remote location), recycling of solar panels and batteries which have outlived their efficiency, etc.

The promise of efficient, clean, and dependable “green” energy is a myth. The cost of “green” energy has not gone down, the cost of electric autos continues to climb, and we face the fact that lower- and middle-income families are subsidizing electric cars for the wealthier; this is a transfer of wealth from the poorest to the richest. Robin Hood in reverse.

The article below has the nerve to include all the costs involved in going “green.”  The energy czar still flies on his private jet, not one auto in the President’s garage has gone electric but you are paying more for the privilege of going to work, buying food, and simply trying to make a better life. How long will this be allowed to go on?

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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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