Friday, May 27, 2022

The Transition

 

The Transition

“[When] it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over,” Biden said during a press conference in Japan following his meeting with Prime Minister Fumio Kishida.

I'm unsure where he sees this 'transition.' Fossil fuel consumption has increased significantly over the past half-century, around eight-fold since 1950, and roughly doubling since 1980.

True, the types of fuel we rely on have shifted, from solely coal towards a combination with oil, and then gas. Today, coal consumption is falling in many parts of the world. But oil and gas are still growing quickly.

Global energy consumption will grow by 56 percent by 2040 with fossil fuels remaining the dominant energy sources. Of the renewable energy sources, the EIA projects that wind and hydropower will see the fastest growth, with wind dominating in developed nations, and hydropower projects more limited to developing countries. By 2040, the report projects, renewables’ share of world energy use will be 15 percent, up from 11 percent in 2010. Yet 85% of energy will be generated by fossil fuels.

Which is to say, there is no electricity tree.

But our government, which should be on our side, continues to insist we suffer in this symbolic effort.
Or, as Obama said, "The price of electricity will necessarily skyrocket."

“Keep this in mind next time you fill up,” Boston radio host Gerry Callahan tweeted. “THIS IS WHAT THEY WANT. The pain is the point. The beatings will continue until all the intransigent rabble comply. Shut up and trade your F-150 for a Prius.”

No comments: