The green craze is squandering huge amounts of capital into non productive endeavors. You simply cannot power a modern industrial society with wind and solar. In Germany the true cost of electricity to consumers exceeds 35 cents per kilowatt. In 2010 it was less than 16. without reliable cheap electricity there is economic contraction. Also the green craze is destroying auto makers. they also squandered huge amounts of capital researching, developing and manufacturing electric vehicles. They never did basic market research. It seems that non coerced consumers everywhere prefer the reliability , range and durability of cars with internal combustion engines. The auto makers can’t make a profit on electric vehicles. They are now contracting. The green craze and the squandering of capital is causing a worldwide recession.
When they start rationing electricity in Georgetown, Texas, Al Gore and Michael Bloomberg ought to take a summer vacation there.
In short, you can’t fool the Laws of Thermodynamics and Economics. The Gods of the Copybook Headings with terror and slaughter always return!
Here are some important words of wisdom from a noted sage on the general subject here. Turn your sound up.
its only “squandering” when the money doesn’t go to the elite class and its minions......somebody’s made off with billions..