| | | The plan is something like that...
But, it isn't really about anything to do with "green" in the sense of environment... only "green" in the sense of money... the rest of it being red. The entire failing "global warming" scam was cooked up as a knowing fraud to provide the justification... exactly as you suggest... to foster that transition. But the point in doing so... is political... to transfer control of that money in the economy from "oil people"... to "green energy people"... thus also shifting political affiliations by design. Carbon credit trading... totally bogus scheme in the same vein... to create fake new trading markets, etc., etc.
Where it falls apart, first, is in the fundamental reality that it is just another globalist/bankster fraud... like other frauds... "All of the people some of the time, some of the people all of the time, but not all of the people all of the time"... making it about people.... and timing. The awareness of that fraud, are the reasons that "drill baby drill' won and the reason Trump won... and then, see what it took to stop that winning... was even more fraud, and such obvious fraud... that it really didn't fool anyone ?
Where it falls apart, second, is in the non-organic way in which the implementation is designed... since it is not intended to foster real competition in order to let the market pick winners from among innovators... but to choose winners who will comply with the requirements of the corruption being sustained in enabling "success"... ie. even more fraud...
Basically, the green energy plan is to "require" green energy... although making energy vastly more costly... vastly more being a feature not a bug... while its advocates skim 30% off the top for having "arranged the deal"... Call it "fiat energy"...
Where it falls apart, third, is in the pairing of "can't get there from here" elements... in the functions of money and in the functions of reality in economics... versus science fiction... where dictating a change to use only the new energy has no costs or knock-on impacts from pairing the "technological innovation" with "political innovation"... to expand the dependency of everything to a greater subservience to the corruption and fraud.
Other obvious flaws... in "can't get there from here" in structuring a command economy to make it so... while obstructing free markets and innovation as a necessary condition to sustaining control... to ensure "the wrong people" don't end up winning the competition in innovation... which perhaps they already have... save for the obstruction...
Basic economic reality... is that Saudi oil is far more economically efficient than green energy... but optimizing the value of Saudi oil... which has subsidized the green energy movement... occurs when pricing is set by the least efficient producers... not the most efficient producers... Higher priced green energy both keeps oil prices higher... and preserves the resource longer... ? Why wouldn't oil fund it ?
Green energy devices... mine electrons... and do so much less efficiently than burning Saudi oil does ?
But, if it is the green energy that sets the price... ? And the green energy, although inefficient and over-priced, is enabled and funded by... debt ? While the reality is that dependence on the cheap oil is what keeps things working... including the debt... and those things won't work without it... ?
There is a cyclic market of booms and busts in green energy... continued from 1973... which has made green energy cheaper over time... spawned real innovation... while capping the price highs in the cycles perhaps a bit... but that's in context of a dollar versus inflation versus oil argument too... along with a "pace of adoption" versus cost curve... in a dynamic market in which everything STILL runs on oil...
Trade the cycle...
Otherwise... real thresholds exist... as tech innovation proceeds... but as their costs come down [for the sake of argument ignoring they will not, in fact, for as long as the takings off the top in trading and taxes are pre-positioned] the economic question is about the lower bound of oil prices... not the lower bound of green energy prices enabling higher oil prices ?
The price basis for green energy competition... is a fraud. The proper basis for considering competition is not ever the market price of the product... but the market cost of producing the product...
Green energy will succeed... when it costs less to produce than energy made from oil under diminishing returns...
Incrementalism is a waste of time... but great leaps forward are not enabling of green energy planners purposes... so the only possible outcome that is economically viable... is a great leap forward that competes with oil on price...(opposed by oil producers and by green energy advocates seeking power of the non-energy / non-electrical sort) or continuing to sustain the fiction of competition as cooperation between oil producers and debt issuers helps to keep the oil price elevated with use of a green energy lure...
True believers in green energy... thinking they can use debt to obviate oil and take over the world... need to explain how they will do that when oil is $180/bbl, inflation is running at 20%, and interest rates need to rise to that same level or more to keep things functioning... as the market will not take the debt ?
The take up of the debt... is funded by oil.
The link Jack posted today... showing oil keeps up with inflation better than anything else ? That means... green energy cannot win... until it can fund itself with cash... and compete on a cost basis. That's economic reality. The rest, including the cyclic green energy fad trade, is a game used to shut high cost oil producers out of the market from time to time... to keep the value of cheap oil as high as possible... for the lowest cost producers. That effort fully in synch with the political effort to suppress domestic production ?
What to watch: divisions between Trump policy and Biden vs. Saudi's... after the very public shaming.
Biden opposing them... while shutting down domestic oil production... is helping them ?
Green energy fantasies will not survive the potential blow-back if the appearance is the reality.
Saud's did nudge OPEC production back a bit this week ? Just a technical issue ?
When you owe the bank a year's worth of your salary... they own you. When you owe the bank a year's worth of their income... you own them ? If no one buys the debt... except the bank that created it ? Who owns what and who then ?
Final aside... re the personal economics of green energy... Its clearest benefits are insulating you from others efforts to control you and to control what you pay... for energy. It is worth paying more for energy when that provides greater stability and independence vs others efforts to keep you dependent on them.
It is already cheaper to use green tech rather than connect to the grid if you build off grid by a mile or so... and if you want to live off grid... farther... it doesn't cost any more ? But, note, the current "plan" for green energy futures... REQUIRES that you stay subservient to the grid control of your life... while seeking to make your transportation options dependent on it too ? Solar houses, solar barns... solar cars ? Good walking shoes or a horse ? Sailboat mobility ? Digital money mobility in network security... so move your body first... and get the money out of the cloud later, anywhere ? Etc. |
|
