Thursday, May 23, 2024

Demolishing German Industry


According to Tilak Doshi, writing in Forbes:

 "The heavy costs of suppressing the use of fossil fuels while promoting intermittent, weather-dependent renewable energy technologies over the past decade has been disguised and diffused by hidden costs and fiscal transfers to powerful constituencies. But over time, “net zero” climate policies have become increasingly unbearable for ordinary people as they reach beyond the power sector to cover agriculture, transport, homes, and buildings."

This isn't just an accurate picture of what is soon to emerge in the US but also one that describes the current situation in Germany because both countries seem to share some of the same evolving values.

The imaginary climate crisis has been augmented not only by the eco-paranoid but also even more by the corporate/government axis that stands to profit from the supposed remedies. The abandonment of hydrocarbon energy, really impossible at any meaningful level, is more than anything a vast transfer of wealth from one group of industrialists to another. 

 

 

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