Sunday, June 26, 2022

America’s Energy Crisis: Subsidised Wind & Solar Main Reason For Record Power Prices



Failure’s an orphan, success has a thousand fathers, but subsidised wind and solar are central to the energy disaster playing out in America, Europe and Australia.

Faced with rocketing power prices and an angry proletariat, the political classes have amped up their deceptive rhetoric, with wild and fantastic claims that the only way to rein in runaway power costs is to add even more chaotically unreliable and heavily subsidised wind and solar power. A little like throwing gasoline on a raging fire.

Not renowned for his grip on reality, or relationship with the truth, America’s President, the hapless Joe Biden has taken the lead in the stakes for America’s annual Pinocchio awards, as Francis Menton explains below.

When President Biden talks, there may or may not be any connection between what he says and the real world. Yes, you need to give every politician some leeway, since most of what any politician says will fall in the general realm of political exaggeration or hyperbole. But even within the disreputable category of politicians, Biden can take the lack of connection with reality to a whole new level.

You may have your own favorite among Biden’s preposterous statements. For me, the very most preposterous is one that he has been making repeatedly for the past several months, namely that his energy plans, including expansion of wind and solar electricity generation together with fossil fuel suppression, will save American families the very specific amount of $500 per year each. This claim has popped up in multiple places and multiple formulations. One example came in the State of the Union speech back in March, where Biden said, “Let’s cut energy costs for families an average of $500 a year by combatting climate change.” ... Continue reading >>>

MORE on Climate Change
                 Energy crisis