“It’s Simple Economics stupid!”: ………… Cheap Gas is replacing Green Energy!!!!

Posted: May 24, 2012 in Uncategorized

So there you have it. It doesn’t matter that Wind Energy is bumping energy prices up the ying yang., that people get very ill beside these 400+ foot monsters, that they don’t lower C02 emissions as claimed and that they are really Free, Clean and Green, which is pure Industry Bullshit…………….the reason Green Energy is dead and will remain so for decades is that a new “player” has arrived on the block. CHEAP NATURAL GAS!

That’s economics for you. Who gives a damn about the human costs and wildlife deaths of this Green Experiment that will go down in history as one of the biggest and most evil SCAMS ever pulled on modern humanity by a handful of greedy dishonourable and deviant parasites that would sell their own Grandmother out for a piece of gold!

Green Energy Transition: Germany Fears De-Industrialisation

European Fracking Bans Open Market for U.S. Gas Exports

Dr. Benny Peiser  Thursday, May 24, 2012

As a result of Germany’s green energy transition, electricity prices are exploding. Consumers and businesses are paying the price while Germany faces gradual de-industrialisation. Economists estimate that the cost of the green energy transition will total 170 billion Euros by 2020. This is more than double of what Germany would have to write off if Greece were to withdraw from the monetary union. “The de-industrialization has already begun,” the EU Energy Commissioner Guenther Oettinger has warned.—Handelsblatt, 23 May 2012

Investments in renewable energy could be put on hold while European governments develop clear policies on shale gas, according to a biomass energy expert. The prospect of increasing production of cheap shale gas in Europe has impacted investors’ forward planning, Chris Moore, CEO of MGT Power told a forest industry conference in London on Thursday.  “If anything, it’s going to cause a waiting period, and that’s bad for renewable energy. You’re going to see a lot of question marks on renewables and their affordability,” said Moore.—Environmental Finance, 17 May 2012

Opposition to a drilling technique known as hydraulic fracturing has slowed the development of natural gas in Europe, creating export opportunities for U.S. producers hurt by low prices and a glut of gas at home. By 2020, Europe will be using more shale gas produced in the U.S. than from domestic fracking, Wood Mackenzie estimates.—Katarzyna Klimasinska, Bloomberg 23 May 2012



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