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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (13406)3/26/2022 3:18:45 PM
From: Sdgla  Read Replies (1) | Respond to of 26807
 
From the proverbial horses mouth

Treasury Secretary Janet Yellen Says Nothing Will Deter Biden Administration from Eliminating Fossil Fuels
March 26, 2022 | Sundance | 121 Comments

Current Treasury Secretary Janet Yellen is a Davos/WEF devotee of the highest magnitude. Yellen is ensconced in the worldview of those who run the operations of central banking and global finance. She is the globalist secretary of world treasuries and has been throughout her professional life.

As more people become aware of the Build Back Better agenda, or as some would say “The Great Reset,” and its direct connection to the dreams and aspirations of the climate change ideologues in the elitist class, it is worth paying attention when Yellen says nothing will deter the Biden administration from eliminating fossil fuels; and it is her role to make that objective financially possible.

Yellen emphasizes the Biden administration position about how the conflict in Ukraine and the sanctions against Russia are an example of why the global energy resources need to fundamentally change to renewable resources. Her strength of advocacy, in alignment with the Davos/WEF position, is yet another data-point to highlight the predictable cleaving of the world economies into two distinctly differing groups of nations. WATCH:

It doesn’t matter how economically painful it is to chase these energy policies, the elitists who operate western government are all-in on the same program. The same western governments who used totalitarian emergency powers to destroy liberty and freedom under the guise of COVID-19 mitigation, are the same western governments now aligned to use the crisis in Ukraine to advance their energy ideology.

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To: robert b furman who wrote (13406)3/28/2022 12:50:48 PM
From: Cogito Ergo Sum  Respond to of 26807
 
Renewables have been a poor allocation of Capital. That poor allocation has resulted in more expensive electricity where ever it has been attempted. The reality of renewables is, they need a back up system. That makes natural gas the cleanest and cheapest bridge fossil fuel. It is the bridge till we embrace nuclear in a much bigger way.

Bob ... we are so much on the exact page on that one !!