Didn’t the climate cultists tell us that renewables would provide abundant clean, green energy at an affordable price?
Germany Plans Coal U-Turn, Gas Funding to Offset Russian Cut
Germany is stepping up efforts to respond to a cut in Russian gas supplies by reviving coal plants and providing financing to secure gas for the winter, an effort that would cost about 15 billion euros ($15.8 billion) at current prices.
The package of measures was announced days after Moscow slashed deliveries on its main gas link to Europe, hitting supplies to Germany and creating a knock-on effect for France, Austria and the Czech Republic. Austria responded to reduced flows by reviving a dormant coal power station.
Bringing back plants burning the heavily polluting fossil fuel is the latest sign of how Europe’s climate fight is taking a back seat as governments seek to hedge against energy shortfalls provoked by President Vladimir Putin’s invasion of Ukraine.
Stephan Haufe, a spokesman for Germany’s economy ministry, said Monday at a regular news conference that despite the latest policy reversal the ruling coalition in Berlin is still standing by a pledge to aim for a complete exit from coal by 2030.
Sure thing, Sparky. This “green” stuff looks great, right up to something in the Real World intrudes with the cold, dead Mackerel of reality. Then they need to go to reliable, affordable, dependable energy.
He also said Germany will respect limits set out in the European Union’s emissions certificates program. The European Commission’s energy spokesman, Tim McPhie, told reporters in Brussels on Monday that member states that resort to greater use of coal to secure energy supplies in the short term must respect the bloc’s binding climate goal for this decade.
“We know that the energy mix and the plans of member states will adjust slightly because we are in an unexpected situation where we’ve decided to end our dependency on Russian fossil fuels,” McPhie said.
There’s always something unexpected in practice, vs theory.
And here’s the Modern Socialists at The New Republic
Biden Wrote a Stern Letter to Oil Refiners. His Government Should Take Over the Industry Instead.
A National Refining Company could lower gas prices without giving up on climate targets.In its quest to find someone to blame for high gas prices, the White House has zeroed in on a new villain: oil refiners. In a letter this week—as gas prices reached $5 per gallon—Biden called “high refinery profit margins” unacceptable, pledging to use “all reasonable and appropriate federal government tools” to bring more refined products to market and lower prices at the pump. That language doesn’t suggest that he’s considering having the government take over refining, but this would, in fact, be entirely reasonable and appropriate—and more effective than any measures he’s considering.
Socialists/Marxists/Democrats hate when you call them that, and then they recommend nationalizing industries. Go figure. Because it would be entirely reasonable and appropriate for the federal government to nationalize it, right? Because the government is oh-so responsible with money and federal agencies, right? What could possibly go wrong? How’s the nationalization of industries in Russia, North Korea, Cuba, and Venezuela worked out? Heck, an oil rich country like Venezuela is a disaster.
There’s too much to unpack in the rest of the screed, but, basically, they want to nationalize all the refineries, particularly those shut down since the pandemic started. That would be so easy without the people who know what the hell is going on, right? And wouldn’t create any lawsuits, right? And then they could sell the gas at a loss until things get back to normal, then close them again as people are forced into EVs they cannot afford.
Even a publicly-owned refinery company wouldn’t solve broader problems like sourcing tools and steel or finding enough workers that are trained to run such facilities. That work would likely be contracted out to existing crews; refineries could be run in partnership with industry. Getting a shuttered refinery up and running would still take several months. But having the state hold the keys also means it wouldn’t have an obligation to return fat profits to shareholders—either now or in the coming decades as refineries should be shutting down. “There’s no way that the energy transition in the oil and gas industry happens at a reasonable rate without greater state intervention,” Brew added.
Strange, these people keep saying they are not authoritarians.
When
global warmingclimate change activism meets reality, reality wins.Yes sir. This xxxxxx is getting real.
Just in case anybody was wondering…
No big deal apparently.
#LetsGoBrandon
Bwaha! Lolgf
Think fuel/energy is expensive now? Nothing like letting the Left/Socialists/Nazis/Marxists/Facists/Democrats take over the energy sector. They couldn’t run a lemonade stand much less something as complex as energy production and distribution. Show us examples of well run, efficient gummint operations. Marxism hasn’t worked yet regardless of where it’s tried. Usually works out okay for some of the elites, but not the people.
How did the commercial oil industry get its legs?
Titusville, Pennsylvania. Edwin Drake and a Roberts’ torpedo discovered how oil can be obtained, the original fracturing, hydraulic style. Water was used to tamp the drill hole. The explosion is then localized at the depth of the torpedo. Worked like a charm.
Water wells are hydraulic fractured all of the time, you get more water, you crack the ground down there, voila, more water from the well.
How could that be done? What motivates the expansion of drilling for oil?
The answer is mineral rights, landowners also owned mineral rights in Pennsylvania.
Titusville was pumped dry, Pennzoil got its name there, that’s good.
If an oil driller wanted to dig for oil on your land, you signed a lease or participated in the costs of drilling for oil. Go ahead and dig for it, if you strike it rich, you also pay me for the oil under the ground on the land I own. It is only fair.
Land around Titusville was worth one million dollars per acre when the going was great. After the bust, 25 cents per acre. The oil was gone and a huge mess to clean up.
John D. Rockefeller’s Standard Oil translated to stable kerosene that didn’t cause fires in kerosene lamps, once were whale oil, but whales were being hunted to extinction by the mid-1850’s. When you harvest 100,000 whales each year, it takes its toll.
Enter crude oil and all of the luxuries it does provide.
You can thank landowners who do lease acreage for oil exploration.
Otherwise, the world would not have as much of the stuff that has been harvested to date.
In Russia, there are no mineral rights for land occupied by farming people. It is not your land, it belongs to the state.
After Spindletop gushed 75,000 bpd near Beaumont in Texas, land became worth one million dollars per acre. Mineral rights controlled the prices.
Now you know. Crude oil saved the whales from extinction and a lot of sailors’ lives hunting down angry whales. The Essex tells the story.
Texas has 187,000 producing wells at an average daily output of 13 bpd. A lot of oil. Another 940,000 gas wells provides the most desired existence one could ever want and need.
All warmists need to stop using fuels, electricity and live in a house with no inputs using fossil fuels, do it all year round.
Be all you can be without fossil fuels, no hydrocarbons for you, see how that works out for the warmists fools.
The warmist motleys crews deserve nothing and will be forced to be happy without those evil, wicked, mean and nasty hydrocarbons.
Good riddance to everyone of them.
RW, you may want to add plastics, synthetic fabrics, food produced or transported with machines, non-organically derived fertilizers, metals they didn’t smelt themselves over a fire, same with glass, etc. to the list for warmists to avoid. You get the idea. Good snapshot of the beginning of the oil industry.
Great idea – except for the tiny fact that all available evidence shows it would make things even worse.
Lol
Teach you seem to have left out Norway who nationalized its oil industry.
Are fossil fuel capitalists concerned about skyrocketing oil profits ? They are quite happy with the number of refineries. They are quite happy EXPORTING huge amounts of gasoline to other countries who are willing to pay more than whiny Americans.
Why is the global(and remember the USA pays global price on gas) gas price so high?
Supy and demand. Trump 2 years ago asked OPEC+ To cut production by 25% because oil price was so low American producers could no longer pump with profits ( this was mostly because recovering shale oil through fracking is expensive).if you want a “free market” in oil you must realize that the Saudis are in control now and always will control the oval price YOU pay
Saudis say price is going UP!
SO suck it up and swallow or spit
Johnny-we were energy independent under Trump. How did Brandon f*ck it up so bad?