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Energy crisis grips the world: Lebanon runs out of power, India warns its coal-fired plants could go dark in just three days, blackouts hit China and gas prices soar in Europe
Daily Mail ^ | 10/09/2021 | Lauren Lewis, Chris Jewers and Amie Gordon

Posted on 10/09/2021 10:58:34 PM PDT by Oshkalaboomboom

Countries around the world are feeling the brunt of the global energy crisis.

Some Chinese provinces are rationing electricity, Europeans are paying exorbitant prices for liquefied gas and Lebanon has run out of centrally-generate electricity.

Furthermore, India is close to running out of coal and in the United States, the price of a gallon of regular gasoline was $3.25 on Friday, up from April's $1.27.

As the global economy works to recover from the Covid-19 pandemic, the sudden energy crisis is putting a strain on supply chains and stirring geopolitical tensions.

What's more, as global leaders are preparing to meet for the landmark Cop26 in the hope of taking steps towards easing climate change, questions are now being raised about the plausibility of a global green energy revolution.

The crisis has been blamed on a perfect storm of factors, primarily the economic recovery from the pandemic coming after countries spent less on the extraction of fossil fuels over the last 18 months.

An unusually cold winter in Europe that drained the continent's energy reserves, a series of hurricanes that shutdown Gulf oil refineries, worsening relations between China and Australia and less wind over the North Sea have also contributed.

'It radiates from one energy market to another,' Daniel Yergin, author of The New Map: Energy, Climate, and the Clash of Nations, told the Washington Post.

'Governments are scrambling to get subsidies in place to avoid a tremendous political backlash,' he said.

'There's a pervasive anxiety about what may or may not happen this winter, because of something we have no control over, which is the weather.'

Ahead of the Cop26 summit in Glasgow at the end of the month, renewable energy advocates are arguing that the crisis shows the need to move away from fossil fuels.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Australia/New Zealand; Business/Economy; Culture/Society; Foreign Affairs; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: australia; baluchistan; china; climatechange; coal; covidstooges; danielyergin; energy; fuel; india; iran; lebanon; obor; onebeltoneroad; opec; pakistan; panicporn
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It should be interesting to see how they manage to pin the blame for this on Trump as they beg Putin to give them more natural gas for the winter.
1 posted on 10/09/2021 10:58:34 PM PDT by Oshkalaboomboom
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To: Oshkalaboomboom

“There’s a pervasive anxiety about what may or may not happen this winter, because of something we have no control over, which is the weather.”

You never did and if you ever do, billions will probably be dead in short order.


2 posted on 10/09/2021 11:05:09 PM PDT by SaxxonWoods (Leave. Us. Alone. )
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To: Oshkalaboomboom

This is going to get a lot worse. There will be extreme famine in India, China, and Africa.

But no global warming, and no wuflu epidemic! That’s the good news!


3 posted on 10/09/2021 11:21:25 PM PDT by Born to Conserve
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To: Oshkalaboomboom
The crisis has been blamed on a perfect storm of factors, primarily the economic recovery from the pandemic coming after countries spent less on the extraction of fossil fuels over the last 18 months.

BS. He makes it sound like a coincidence, like it just happened and nobody could see it coming.

The “crisis” is completely manufactured by the left so as to gain control of the world economy.

Biden shuts down the Keystone pipeline, nuke plants are closed, coal and oil production is curtailed.

We are not running out of the natural resources to produce the energy. We are being regulated out of it and the greenies/leftists are a large factor with their relentless pushing of ineffective and inefficient wind and solar power.

I have no objection to developing alternative sources of energy like wind and solar, but at the moment our technology does not allow them to adequately replace carbon based fuel sources. Until they do, it’s the height of foolhardiness to cut their production in favor of something inefficient and unreliable.

And that is exactly why we’re in the mess we are in now. We simply are not ready yet to abandon coal and oil.

4 posted on 10/09/2021 11:38:44 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: SaxxonWoods

But we do have control over production of coal and oil, and nuclear power.

And that’s where the problem lies.


5 posted on 10/09/2021 11:40:40 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: Oshkalaboomboom

to each according to his needs ... why do you think the masses of people need electricity?


6 posted on 10/10/2021 12:37:05 AM PDT by Redmen4ever
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To: Oshkalaboomboom

Makes sense to me. Fits the globalist agenda. And we’re a big player.


7 posted on 10/10/2021 2:34:53 AM PDT by know.your.why (If you dont watch the MSM you are uninformed. If you do watch the MSM you are misinformed.)
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To: Oshkalaboomboom

Let them shiver and freeze in the dark. Praying to Gaia for sun and wind won’t save them.


8 posted on 10/10/2021 3:10:25 AM PDT by DeplorablePaul (s)
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To: Oshkalaboomboom

the real issue is the Farmer’s Almanac is predicting a particularly brutal winter.

This of course will all play into the climate change narrative and this entire conversation regarding a slow/stopped supply chain will disappear. Instead they will say they have overmined and run out of fossil fuels.

We have seen these narratives flip like that way too often. When the truth gets obscured by their need for the big lie to move the agenda forward.


9 posted on 10/10/2021 3:14:10 AM PDT by EBH (Never trust the government or a politician . 1776-2021 May God Save Us.)
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To: Oshkalaboomboom

It is unfortunate that people have to suffer because of many [ro[;r’s stupidity. By the end of the coming winter, Biden’s approval rating will be in the twenties. He will be disappointed as he seems to be gunning for a minus number.


10 posted on 10/10/2021 3:14:13 AM PDT by Gumdrop (Prpmotiong)
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To: Oshkalaboomboom

All this fantastic news! Look how reduced our carbon footprint will be as we sit in darkness and cold. Phones will go silent. They will hear themselves think...and that will send most into a panic to burn, everything!


11 posted on 10/10/2021 3:15:31 AM PDT by If You Want It Fixed - Fix It ( )
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To: Oshkalaboomboom

The “crisis” is completely manufactured by the left so as to gain control of the world economy

repeat at nausea because it is the truth

time to stand up


12 posted on 10/10/2021 3:29:54 AM PDT by ronnie raygun (Tell them what they want to hear with sincerity and do what is necessary )
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To: Oshkalaboomboom
It is so bad in China that they are buying coal from Australia, that they had stopped buying as a form of protest.

And the green crazies seem unaware that farming requires petroleum...and now the price of fertilizer is up because of the lack of natural gas.

We grow rice, and rice paddies are a major source of methane, a greenhouse gas. The methane release is less using a dry method which requires herbicide and fertilizer.

So if the price of fertilizer goes up much more, Asian farmers will go back to flooding to rot weeds to enrich the fields

13 posted on 10/10/2021 3:40:12 AM PDT by LadyDoc (liberals only love politically correct poor people)
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To: Oshkalaboomboom

14 posted on 10/10/2021 4:11:24 AM PDT by Eleutheria5 (Hard times: hard men. Hard men: soft times. Soft times: soft men. Soft men: hard times)
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To: Oshkalaboomboom

Update...

https://www.jpost.com/breaking-news/fuel-shortage-in-lebanon-leaves-the-country-without-power-681499


15 posted on 10/10/2021 4:46:59 AM PDT by mewzilla (Those aren't masks. They're muzzles. )
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To: Oshkalaboomboom

Blah, blah, blah, energy crisis, yada, yada climate change, yada

Only Europe is in actual jeopardy. Lebanon doesn’t matter and all the rest is just hype


16 posted on 10/10/2021 5:08:01 AM PDT by bert ( (KE. NP. N.C. +12) Like BLM, Joe Biden is a Domestic Enemy )
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To: metmom
Indeed,
Nuclear energy has by far the highest capacity factor of any other energy source. This basically means nuclear power plants are producing maximum power more than 93% of the time during the year. That’s about 1.5 to 2 times more as natural gas and coal units, and 2.5 to 3.5 times more reliable than wind and solar plants.

https://www.energy.gov/ne/articles/nuclear-power-most-reliable-energy-source-and-its-not-even-close


17 posted on 10/10/2021 5:45:36 AM PDT by daniel1212 ( Turn to the Lord Jesus as a damned+destitute sinner, trust Him to save + be baptized + follow Him!)
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To: Oshkalaboomboom

It would be nice if there were some adults left in this world to fix this shit.


18 posted on 10/10/2021 6:43:56 AM PDT by The Louiswu (Peace to you and may God Bless you.)
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To: Oshkalaboomboom

What’s the problem with all this.....Go Green!!


19 posted on 10/10/2021 6:52:54 AM PDT by 4yearlurker
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To: Oshkalaboomboom

‘Governments are scrambling to get subsidies in place to avoid a tremendous political backlash,’ he said.


that will solve the problem.....................


20 posted on 10/10/2021 7:09:52 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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