And On The Other Hand

And On The Other Hand

The Green Energy Power Grid Isn’t Coming

Billions of dollars have been spent in the past few years by governments at every level as well as industries and special interests’ groups in

Picture of Barry J. Klazura

Barry J. Klazura

November 6, 2023

Billions of dollars have been spent in the past few years by governments at every level as well as industries and special interests’ groups in the quest for going “green”.  Despite the auto manufacturers losing huge amounts of money, there are those who profit from the largess of governments and who manage to rake in huge subsidies in a futile effort to stay afloat.  Examples can be found across the United States where wind farms are suddenly not welcomed and those who plan such projects scramble to gain new subsidies and tax breaks as they realize their business model is not sustainable.

There are, however, deeper problems in the rush to “green”, and one major problem is the rather dull but necessar area of infrastructure.  It is estimated that 49.7 million miles of transmission lines will need to be built or replaced to achieve the 2040 deadline of net-zero emissions.  The winners in that silliness will be the Chinese who will have to build more coal plants to produce the transmission lines. 

The link below will take you to an article which raises serious questions regarding the world’s ability to reach the 2040 goal.  Indeed, the question is not how much of the 2040 goal is attainable, but rather is the goal necessary or positive for humanity. 

https://www.msn.com/en-us/money/markets/the-green-power-grid-isnt-coming/ar-AA1ix3ej

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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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