What Investors Are Telling Us About Green Energy
Issues & Insights,
by
The Editorial Board
Original Article
Posted By: RockyTCB,
10/23/2024 9:51:46 AM
A little more than a year ago, a New York Times headline proclaimed what so many have said is absolutely, undeniably so: “The Clean Energy Future Is Arriving Faster Than You Think.” Despite the story’s examples that were supposed to buttress the claims, reality tells a different story.
A recent analysis by Bloomberg found that “the fast money on Wall Street has taken a close look at key sectors in the green economy and decided to bet against them.”
“Despite vast green stimulus packages in the U.S., Europe, and China, more hedge funds are on average net short batteries, solar, electric vehicles, and hydrogen than are long those sectors;
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Reply 1 - Posted by:
Hazymac 10/23/2024 10:05:04 AM (No. 1818330)
As the editorial writers state, green energy is red (communist). I'd like to see the end of large scale solar and wind projects, eyesores, which are intermittent power, unacceptable for a modern society or for a growing one. Electric vehicles, too. Get rid of 'em. Bad thinking. End the electric vehicle mandates. Elon Musk can build cars that run on gasoline or diesel.
7 people like this.
Reply 2 - Posted by:
DVC 10/23/2024 10:06:27 AM (No. 1818332)
"Green" has been proven to mean that it costs a LOT more, and doesn't work well, if it works at all.
15 people like this.
Reply 3 - Posted by:
marbles 10/23/2024 10:56:31 AM (No. 1818365)
Green energy mean money for friends and friends of friends. Supplied by those forced to use " green " energy.
7 people like this.
Reply 4 - Posted by:
WV.Hillbilly 10/23/2024 11:07:18 AM (No. 1818369)
Voodoo energy can never meet the needs of the baseload.
8 people like this.
Reply 5 - Posted by:
LC Chihuahua 10/23/2024 11:21:03 AM (No. 1818377)
The first place green energy will catch on, if it catches at all, will be Europe. Wait and see if they can successfully roll it out before committing to anything.
4 people like this.
Reply 6 - Posted by:
chagrined 10/23/2024 11:32:42 AM (No. 1818389)
I'm with poster #1, and the Editorial Board of Issues and Insights. Green energy is definitely communist, with the whole idea to control energy production and usage, and the masses. That's why their human induced global warming lies are so important, and needed to continue this idiocy of wind turbines, solar panels, and EVs.
Another thing, FTA: "Could green energy’s declining popularity be tied to its high costs?" If these loons have managed to replace enough of the coal fired electrical generation, and oil and gas, wait for the hew and cry from the masses when their power goes out routinely at inopportune times. Yeah, they'll be REAL popular then!
7 people like this.
Reply 7 - Posted by:
privateer 10/23/2024 11:39:01 AM (No. 1818395)
The Public's awareness of the impracticality, shortcomings, and inordinate expense of Green Energy is arriving sooner than the Global Megalomaniacs had imagined. Fortunately for them, they own the EU, and the American Commiecrat Party.
4 people like this.
Reply 8 - Posted by:
Timber Queen 10/23/2024 2:11:07 PM (No. 1818481)
Alternative energy works great on small-scale, individual use, but it is still expensive. Out here on the homestead we have solar power. However, our solar panels, lithium batteries and the shed to store them, the trenching for laying the cabling between the two, and the propane back-up generator required a total investment of $100,000 in 2020. We are freed from monthly PG&E bills, and no longer suffer long outages during winter storms. The cost of the system was rolled into a mortgage re-fi, so we'll eventually re-coup the cost when the surviving spouse needs to sell or our heirs.
However, it is not workable as national policy.
4 people like this.
Reply 9 - Posted by:
FormerDem 10/23/2024 2:59:54 PM (No. 1818509)
Ecuador is having power cuts precisely exactly because the country depends heavily on hydropower and it didn't rain for a while. the only country on Earth so far as I know that depends heavily on renewables and isn't industrially vulnerable as a result, is Canada, and that is because it is so big it crosses many climate zones. Everybody else can' t imitate that.
1 person likes this.
Reply 10 - Posted by:
JHHolliday 10/23/2024 3:29:20 PM (No. 1818529)
Until electricity can be entirely produced from "green" sources, all evs are dependent on sources that are not green. Even solar and wind have their drawbacks...wind when the wind doesn't blow, ugly for the landscape and the solar farms killing birds and using vast amounts of land. Hydro means damning up once wild rivers. Even nuclear has the threat of something going wrong and if it does, that something will be not be good at all..What we have now with ICE vehicles is the best of the choices we have today. Sometime in the future we may have some marvelous source of energy but it's years away.
1 person likes this.
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