Guest essay by Eric Worrall
h/t JoNova – Venezuela, a major oil exporter, has ordered an emergency week long industrial shutdown, to try to prevent electricity demands from exceeding their available hydroelectric reserves.
Venezuela to Shut Down for a Week to Cope With Electricity Crisis
Venezuela is shutting down for a week as the government struggles with a deepening electricity crisis.
President Nicolas Maduro gave everyone an extra three days off work next week, extending the two-day Easter holiday, according to a statement in the Official Gazette published late Tuesday. Maduro had originally said over the weekend that the extended holiday would only apply to state employees.
The government has rationed electricity and water supplies across the country for months and urged citizens to avoid waste as Venezuela endures a prolonged drought that has slashed output at hydroelectric dams. The ruling socialists have blamed the shortage on the El Nino weather phenomena and “sabotage” by their political foes, while critics cite a lack of maintenance and poor planning.
“We’re hoping, God willing, rains will come,” Maduro said in a national address Saturday. “Look, the saving is more than 40 percent when these measures are taken. We’re reaching a difficult place that we’re trying to manage.”
Is this a taste of things to come, if greens succeed in convincing the world to embrace renewables on a large scale? Industry forced to stop production, workers laid off, depending on which way the wind blows, or whether it rained last winter?
One can only imagine the impact such arbitrary green industrial shutdowns must be having, on any remaining Venezuelan businesses. Unplanned plant shutdowns can easily lead to financial ruin – job layoffs, plant closures, bankruptcy and destitution.