By Vijay Jayaraj
We’ve read a lot about how the Ukraine conflict has increased the price of energy in the international market. However, the root of the ongoing energy crisis is unrealistic policies based on unscientific conclusions about climate, often drafted in plush European offices.
For years, energy markets across the globe were able to withstand the pressures of anti-fossil fuel policies – partly because coal, oil and natural gas had made nations wealthy enough to do so. Now, cracks are appearing in even the wealthiest of countries like the U.S. where the most vulnerable members of society are being hit the hardest with high energy prices and shortages.
Many countries have embraced Net Zero, an unenforceable international requirement to emit essentially no carbon dioxide from human activity. Although impossible to achieve, this mythological target has spurred on the climate industrial complex to meet it. Proponents of politically correct technologies are chasing government subsidies to pour into the rat holes of wind turbines, solar panels, carbon capture, “green” hydrogen, ethanol and more.
Attempts to implement Net Zero will mostly produce financial casualties, both corporate and individual.
Consider the UK’s plans: The country, which already has a dire energy situation, needs “400 percent more wind power by 2030 to hit interim climate targets…and that will require seven times more infrastructure than has been built over the past 32 years.” All this expenditure of effort and money will have no effect on the climate but will devastate economies.
Even small steps on this fool’s errand will come at great cost. “No normal person can afford to spend $30,000 for solar panels,” says energy analyst Max Gagliardi. “They can’t even afford bread, milk and meat at the grocery store right now. The ‘energy transition’ messaging is so out of touch at this point.”
The economic pressure on people in developing countries is even more serious. “Emerging and developing countries are most vulnerable to soaring energy prices,” says International Energy Agency Executive Director Fatih Birol. “Those who will be hit hardest include oil-importing nations in Africa, Asia and Latin America because of higher import prices and their weaker currencies.”
The World Bank notes that there has been a “sharp increase in coal, oil, and natural gas prices. In nominal terms, crude oil prices have increased by 350 percent from April 2020 to April 2022 – the largest increase for any equivalent two-year period since the 1970s. Meanwhile, coal and gas prices have all reached historic highs in nominal terms.”
Developing countries pass this cost on to customers, resulting in higher prices for energy and other essential commodities. Meanwhile there has been no commensurate increase in the incomes of people. So, even if a country has not adopted Net Zero, its people will suffer because they are subject to the supply-and-demand realities of international markets.
The fact that these countries have some of the greatest levels of impoverishment compounds the effect of price hikes – in some cases, a literal death blow for those who live below the poverty line of $2 per day.
“We are in the middle of the first truly global energy crisis,” Birol said. “Our world has never ever witnessed an energy crisis with this depth and complexity.”
If they have the slightest regard for the well-being of families, leaders in the West must abandon their obsession with destructive policies that are damaging lives worldwide.
This commentary was first published at BizPac Review, November 15, 2022, and can be accessed here.
Vijay Jayaraj is a Research Associate at the CO2 Coalition, located in Arlington, Virginia. He holds a master’s degree in environmental sciences from the University of East Anglia, UK, and resides in India.
Here’s another example of the green madness: If the Ukrainian enrgy system doesn’t get destroyed by Vladimir Putin, it will be destroyed by ideological Australian businessman Twiggy Forrest.
Why is that?
Twiggy Forrest is reportedly setting up an investment fund ‘to help rebuild war-torn Ukraine‘, which will ‘take advantage of the fact that what the Russians have destroyed can readily be replaced with the latest, most modern green and digital infrastructure‘. The fund is expected to reach something like $50 to $100 billion.
If that one word ‘green‘ doesn’t have you worried, you haven’t been paying attention to what has been happening in Germany and South Australia, and in other countries that have made very high investments in and commitments to green energy, ie, to intermittent energy.
The report says: “The president [Zelensky] sees that as an opportunity to completely replace old coal-fired [and] nuclear power stations with brand new green energy,” Mr Forrest told the BBC.
So the plan is to replace any reliable continuous energy plants that Vladimir Putin destroyed, with plants supplying only intermittent energy. And it seems that the plants that Vladimir Putin failed to destroy will also be replaced (“completely replace old coal-fired [and] nuclear power stations with brand new green energy’). No country can run on intermittent energy, as has been shown convincingly by the energy failures experienced by Germans and South Australians. What Ukraine needs more than just about anything else to recover from the effects of war is cheap plentiful reliable continuous energy. In other words, they need coal-fired and nuclear power stations.
You have to feel sorry for the citizens of Ukraine. First an enemy tries to destroy them, and then a supposed friend steps forward and offers to complete the job.
Forrest is only in this because there is a ‘risk-free’ buck to be made using other people’s money that guarantees a substantial short-term fee and a “sustainable” cashflow for years to come.
Personal greed drives the entire scam.
Ultimately, people who achieve success in one field come to convince themselves that their “smarts” are transferable to any other fields that catch their interest.
It’s unalloyed chutzpah.
Blokes like Twiggy look at Musk and think – “hey, I’m as smart and well-heeled as him, so I can apply myself to saving the world, just like Bill, Jeff, Mark, George, Klaus did”.
As Tina sang –
“We don’t need another hero . . . “
As Redge is singing
“We don’t need a net zero…”
Stupid arrogant fool Twiggy is. Hopefully he’ll do his dough here like he did on the big nickel project about 20 years ago.
I’m sure Putin will love, several years from now when he attacks Ukraine again, the easy destruction of tens of thousands of acres of solar “farms”. He won’t need precise weapons for that.
Vlad will be more concerned about finding a targeted cancer treatment for himself before too long.
I reckon Ukraine will go down as “Vlad’s Last Military Frolic”.
(but when this dawns on him, things could get very, very f’d up, very quickly 🙁 )
He won’t need to. The first bad hailstorm, in a country that gets it’s fair share of bad weather, will be enough to smash solar farms
Net Zero (NZ) will fail. I hope sooner rather than later, to minimize collateral damage.
NZ will eventually fail because it cannot ever succeed technically, let alone economically. Any numerate person can easily research and realize this:
Those who maintain otherwise are incapable of comprehending reality as it is, rather than as they wish it were. Unfortunately they are numerous and prominent at the moment. Gore, Kerry, Biden, AOC. But their downfall is coming.
Excellent comment, Rud. As always. 🙂
Yes, Net Zero will fail. It is impossible given current technology, and it is easy to figure out that Net Zero is impossible. Unless you are a politician, apparently.
As George H.W. Bush would say: Na Ga Da (Not going to do it).
Keep in mind the “net” in net zero. It does not require that all emissions cease, merely that the inescapable ones are offset by increasing sinks. The UK aviation plan is a good example. Also there is biofuel, the burning of which does not count as an adverse emission. People are working on bio jet fuel and ship fuel.
In short there is enough green hand waving to hide behind. That is the real problem.
And most, if not all of them, are net less energy out than energy in.
No problem, we will have the accountants fix that.
The situation in Australia right now exposes the illusion.
The main SA-Vic link went down in a storm earlier in the week. SA is limited to import/export of 137MW. The FCAS charges are through the roof so wind turbines have curtailed to avoid that cost and gas plant ordered on. The wholesale market for the region is not working as all prices are subject to review. However the problem is rooftop solar that can now supply more than 100% of the State demand. Most of that is only controllable by backing off on high voltage. The grid operator has deliberately pushed up distribution voltage to cause the rooftop solar to back off to keep the grid stable. So rooftops are providing nothing during the normal period of peak output. This should cause a political backlash because the grid-scale solar farms are still operating most of the day.
If you look at any academic paper discussing the economic merit of wind and solar you will never see mention of things like FCAS charges and curtailment. There was no mention of these realities in the Finkel report that set Australia on this road to nowhere.
The lights need to go out in a large developed nation for a few days to get the idiocracy to take note of the situation they have created.
Fascinating detail. Here’s curtailment in the NEM State by State over the past week
In South Australia it got to peak at levels equivalent to total demand. That is, around 50% of generation was being tossed away.
Meanwhile that world famous battery has been coining it. Over A$12m on FCAS this week.
Probably go out continuously for six month or so to have a chance of catching that kind of attention.
You do not need many people to die in the dark and cold while the more physically able riot and pilfer to get some serious and sensible questions being asked.
The developed world is highly dependent on reliable power supply. It is likely no one appreciates the full consequences of multi-day power outage in a modern city.
IPCC must know they are flogging a dead horse. I am looking forward to the day people stop taking any notice of their dire proclamations.
The problem is with what became known as Mass Formation Psychosis during the scamdemic where, essentially, a large percentage of the population has become so thoroughly indoctrinated that no amount of data can persuade them that they have been lied to and fooled. I am beginning to doubt that even a mass casualty event directly and indisputedly (is that a word?) caused by over reliance on unreliables will convince true believers – they will just say we needed more wind turbines, solar panels and batteries. Riots by us deniers will be dwarfed by counter protests by the well funded true believers. It’s a pessimistic outlook, but when you have the number of billionaires funding the WEF, the promise from developed countries to pay billions to corrupt developing countries, the near total media capture along with a political movement that has largely captured both left and right politicians (while there is a bit more of a split in the US, far too many republicans buy into the nonsense sufficiently to say we need to do “something”), I don’t see a way out unless we can “cull the herd” of the true believers. I hope this winter proves me wrong on my major points – one being that it will not take a major casualty event to get people to wake up, and that once awakened, will demand that politicians will also wake up – but that will require, in no small part, an honest media that will actually report the truth.
There is a mass casualty event going on right now, (which is convincing few of those affected), but it’s not a glowball warming one.
On the bright side, it could also, accidentally be a “cull the heard” event.
True, and it is flying under the radar in the MSM. Hopefully, many in the MSM are on their 4th or 5th booster…
solar pv rooftops provided 100% of the power for?
less than ONE hr midday ? a week or two ago
Here in Massachusetts, which has a net zero law on the books, they admit that not everything can go electric, especially some transportation and machinery- so they (the state officials) say the difference will be made up by carbon credits. So, get ready for a rapid growth in that scam industry as the net zero disease spreads across much of the world. Might be a good place to invest if you can stomach the moral problem of such an investment.
Will they pay me credits if I legally undertake to never travel to Massachusetts again?
And in other parts of the world, how many peasants have to walk to the plantation, quarry, or cobalt mine to help Massachusetts achieve NZ ?
Exactly! But this fact is NEVER mentioned in the Boston Globe or by any state politicians or any enviros – though I keep mentioning this, they just ignore me.
I wish you well this winter since MA and the rest of New England may be in for a long, cold one with insufficient supply of gas or oil for heating or to keep the grid operational. From what interaction I have with people in MA, the majority (vast?) are true believers that think wind and solar can replace fossil fuels.
right, almost 100%
Rud, i reckon if you put these points to Nick Stokes and got him to finally accept that he’s in denial about the infeasibility of utility scale wind & solar, you will have a secured a beachhead from which to convince the world.
(But then again, that challenge is akin to convincing an acolyte to admit –
“yeah, all things considered, god’s not really that great” )
Great comment, Rud!
The problem is that, at it’s heart, cultural Marxism is divorced from reality! Those that fall for the various sects of the Marxist religion, like Climastrology and Critical Racist Theory, are TRAINED to ignore reality; they seem to have been pushed to the brink of insanity where socio- and psychopathy can flourish! I think it was Oregon that has deemed mathematics to be racist, so they are going to let students make up their own answers!
One can only hope that those like Gore, Kerry, Biden, AOC, et.al., will meet their downfall soon, but how many innnocent bystanders will they take with them!?
Might be more ships than thought.
If nuclear powered cargo ships were a good idea the Savannah would have been followed by lots of them
But Russia seems to be doing well with nuclear powered icebreakers, they have around a dozen of them and another one is undergoing sea trials at present I understand, or she may be in service already.
Hm, maybe I should have read the paper at macha’s link first. But I stand by my first sentence.
From the article: ““We are in the middle of the first truly global energy crisis,” Birol said. “Our world has never ever witnessed an energy crisis with this depth and complexity.””
And this energy crisis is all self-inflicted. It didn’t have to happen, but unfortunately, there are some very stupid people running Western democracies and they have declared war on oil, gas, coal, and nuclear.
The morons have now boxed themselves in with regard to energy supplies, and the people they govern are going to suffer for it in many ways.
A sane energy future is possible since the world has abundant resources, but none of them will be developed if the war on oil, gas, coal and nuclear continues.
Net Zero and that way of thinking has to go. There is no CO2 crisis. Quit punishing people over a non-existant problem.
NY GOV. HOCHUL ISSUES STATE OF EMERGENCY OVER PROLONGED, PARALYZING SNOWFALL FORECAST IN HISTORIC WEATHER PHENOMENA | The Daily Caller
“Children just aren’t going to know what snow is,”
Dr David Viner, a senior research scientist at the climatic research unit (CRU) of the University of East Anglia. Year 2000.
Looks like we solved that problem. 🙂
That was ~150 well said words.
While it seems stupid I suspect it is in the same class as the stupidity of those who ran the Spanish Inquisition.
Yes, stupid can lead to doing some very evil things.
It’s hard to sort out all the motivations of various people, but “stupid” covers them all in one way or another.
I especially like the “no adverse emissions” concept…you know, if can’t satisfy the rules, just change the rules and how much crossing the finish line in second place counts. Sheesh.I still don’t understand how “carbon credits” work, and the largest and easiest “sink” for the evil emissions of the bio-fuels are large forests that are being turned into pellets to burn in your stove for heat or cooking. Beam me up!
One possible good thing about this real energy crisis is re-thinking nuclear power. Not fusion, but good old-fashioned uranium and well-understood designs and 80 years of experience.
If they have the slightest regard for the well-being of families, leaders in the West must abandon their obsession with destructive policies that are damaging lives worldwide.
Black Lives Matter
But Not in Africa
However, it’s not just in Africa
and not just black lives
Net-Zero: Two-Child policy. No excess carbon emissions. Go green, then Green, then green, then Blue, then blue.
I’m not going to apologise for constantly repeating this.
The whole goal of Population Matters AKA The Optimum Trust (Patron Saint David Attenborough) is reduction of population mainly of all those funny little brown and yellow people.
They even accidentally published a spreadsheet showing which countries had to reduce population and by how many.
Racism dressed up as environmentalism.
Population Matters – Educational for me. I did not know there were people with such a view on population:
This was 1994. Population was then 5.6bn so some serious culling required. Even bigger effort now.
David Attenborough is a fossil already. He should just stop eating now to make one less mouth to feed.
Attenborough has been a patron for the Optimum Population Trust since April 2009.
They use this quote from him on their website –
“All our environmental problems become easier to solve with fewer people, and harder – and ultimately impossible- to solve with ever more people”
not the slightest shortage of energy
a massive shortage in sanity
Twitter is “vital infrastructure” and must be protected.
Synchronous generators? Not so much.
It’s costing business too-
Off to coal fired China soon with Tesla and the wind turbine makers if it doesn’t pan out according to the modelling?
If they have the slightest regard for the well-being of families
That’s the problem – the only thing they have the slightest regard for is themselves (power, prestige, and wealth)