Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

A Heck of a Lot of Wind in Green Energy

September 26, 2017 By Debbie Young

Most of us are not aware that supposedly carbon-free energy sources–those that are acceptable to environmentalists–don’t work, writes Francis Menton at the Manhattan Contrarian. Acceptable to environmentalists are wind and solar. Not acceptable–nuclear and hydro.

Even worse, wind and solar are not even carbon-free, because it takes large amounts of carbon-based energy to make the turbines or panels or whatever.  Put these two problems together, and governments that try to reduce their carbon emissions by heavily subsidizing wind and solar quickly hit a wall where energy prices for the masses soar through the roof even as the carbon emissions don’t go down.  You won’t find the New York Times or Washington Post reporting on this, but it’s getting harder and harder not to notice.

A good example is Germany, the poster country for green energy.

“Transitioning” from fossil fuel energy to wind and solar has been the signature issue for Chancellor Angela Merkel for more than a decade … The entire country has fallen into the mass hysteria!  (Has anything like that ever happened before in Germany?  Don’t ask!)  Germany has moved aggressively to cut its carbon emissions, and was a leader in the 2015 Paris negotiations in making aggressive promises of emissions reductions and in strong-arming other countries, including the United States, to commit to aggressive reduction targets.  Germany is part of the EU commitment to 40% emissions reductions (from 1990 levels) by 2030, and in addition has its own internal goals of reaching the 40% reduction by 2020 (coming right up!) and 95% reduction by 2050.  Impressive!

(Germany) hit the emissions reduction wall around 2010.  Since then, its emissions have actually increased in 4 of the 7 years.  Multiply out the changes since 2009, and you will find that Germany’s emissions at the end of 2016 were 99.79% of the level they had had at the end of 2009.  This, despite the fact that 2010 was the year they passed the so-called “Energiewende” law.  That’s some “energy transition” — 0.21% emissions reduction in seven years!

Back in the real world, Mr. Menton quotes Jamie Horgan in The American Interest, September 20, “Germany Will Miss Another Green Goal”:

Berlin’s grand green energy transition is falling short of the lofty targets that inspired it. Earlier this month, the think tank Agora Energiewende released a report that projected Germany would fall well short of its goal to cut greenhouse gas (GHG) emissions—far shorter than was previously believed. Berlin had committed to cutting 40 percent of its GHG emissions by 2020 as compared to 1990 levels, but as that year looms large, the country has achieved a reduction of “just” 28 percent (a remarkable decrease, though nowhere close to the target), and it’s expected to only shave off another 2 or 3 percent over the next few years. Now, a new study from the BEE renewable energy group suggests that the country is going to fall short of its Brussels-set target of sourcing 18 percent of its energy production from renewables by 2020.

Kudos to Mr. Hogan for publishing the above, but as F.M. points out, Mr. Hogan still got taken in with the 1990 date.

That 1990 date was intentionally picked by Germany to scam the rest of the world.  1989 is the year the Berlin Wall fell.  Over the next decade and a half, the Germans shuttered essentially all of the inefficient Soviet-era heavy industry in East Germany.  Germany picked the 1990 start date so that it could take credit for those reductions that would have happened anyway and pretend that this had something to do with saving the planet.

Germany’s stated goals of emissions reductions are just fantasies not to be achieved, writes Mr. Menton. Meanwhile prices for electricity and gasoline and heating oil will continue to soar. It should be no surprise that Germany’s residential electricity prices are already about triple the U.S. average, about on par with prices in California and New York.

Read more here.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Democrat’s Folly: Green Energy
  • Alternative Energy Truth—Inefficient
  • The Energy Chutzpah of the U.S.
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • How to Fight Wokism Idiocy - January 30, 2023
  • Don’t Believe ’em. They’re Coming for Your Gas Stove - January 27, 2023
  • The Power of Words - January 26, 2023

Dick Young’s Must Reads

  • California’s Progressive Liberals Have Created a Monster
  • “The Great Object Is that Every Man Be Armed”
  • Why Investors Should Forget Prices and Focus on Income
  • TROJAN HORSE: “Diversity, Equity, and Inclusion” is Critical Race Theory in Disguise
  • A Look at the Future of Main Street America
  • Progressive Liberalism Has Dragged America near Ruination
  • Warning! Your Survival Guy’s on a Boil Water Advisory
  • Rich Grandchild, Poor Grandchild
  • The Swiss Way
  • Vermont Abandoned, Dairy Farm Economy Devastated

Our Most Popular Posts

  • Pfizer CEO Terrified of Real Questions About His Vaccines
  • Give Me Clean, Efficient Gas
  • America's Super States and Stocks that Respect YOU
  • How the Biden Administration Is Destroying Our Energy Infrastructure
  • The Rich Seek More from Bank Accounts
  • Artificial Intelligence Is Coming, But It's Not Quite There
  • Is Kevin McCarthy’s GOP Willing to Do What It Takes on Debt?
  • The Sound of Silence
  • Forty Years Ago, Jogging a Mile a Day and Still Going
  • Strengthen Your Defenses Against Stroke

Disclosure

RSS Youngresearch.com

  • Warren Miller: If You Don’t Do It This Year, You’ll Be…
  • Are the Realists Winning the Debate over the Future of EVs?
  • CATO: Global Freedom Is in Sharp Decline
  • Biden Administration Destroying Retiree Fiduciary Protections
  • 4 Life Changing Words for Your Survival Guy: “You Should Try This”
  • Suddenly, Holding Cash Looks Good Again to Many
  • Anti-Carbon Crusaders in Davos Talk ESG and OPM
  • Is Passive Investing Already Passé?
  • Welcome to Hotel California, Where You Can Never Leave
  • What You’re Telling Me Matters

RSS Yoursurvivalguy.com

  • Warren Miller: If You Don’t Do It This Year, You’ll Be…
  • CATO: Global Freedom Is in Sharp Decline
  • TIME FOR A GONDOLA? Little Cottonwood Canyon Jammed with Traffic
  • Biden Administration Destroying Retiree Fiduciary Protections
  • 4 Life Changing Words for Your Survival Guy: “You Should Try This”
  • Anti-Carbon Crusaders in Davos Talk ESG and OPM
  • Welcome to Hotel California, Where You Can Never Leave
  • What You’re Telling Me Matters
  • The Rich Seek More from Bank Accounts
  • California’s Wealth Tax Will Drive Out Remaining Rich Residents

How to Fight Wokism Idiocy

Despite Western Aid the Russians Are Slowly Taking Ukraine’s Territory

Warren Miller: If You Don’t Do It This Year, You’ll Be…

The Man Who Tried to Prevent the Challenger Space Shuttle Disaster

Ukraine Front Lines Increasingly Bloody

Is Diesel Fuel About to Become Even More Expensive?

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives