categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Gems from God Like Productions
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  THE WAVE
 
  Environment/Science
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Environment/Science Last Updated: Oct 12, 2021 - 10:29:01 PM


The Green Agenda or How This Energy Crisis is Different from All Others
By F. William Engdahl with comments by Ron
Oct 12, 2021 - 10:18:44 PM

Email this article
 Printer friendly page Share/Bookmark

https://journal-neo.org/2021/10/11/the-green-agenda-or-how-this-energy-crisis-is-different-from-all-others/

GAS342322

The price of energy from all sources conventional is exploding globally. Far from accidental, it is a well-orchestrated plan to collapse the industrial world economy that has already been weakened dramatically by almost two years of ridiculous covid quarantine and related measures. What we are seeing is a price explosion in key oil, coal and now especially, natural gas energy. What makes this different from the energy shocks of the 1970s is that this time, it is developing as the corporate investment world, using the fraudulent ESG green investment model, is dis-investing in future oil, gas and coal while OECD governments embrace horrendously inefficient, unreliable solar and wind that will insure the collapse of industrial society perhaps as early as the next months. Barring a dramatic rethinking, the EU and other industrial economies are willfully committing economic suicide.

 

What only a few years ago was accepted as obvious was that ensuring an abundant, reliable, efficient and affordable energy defines the economy. Without efficient energy we cannot make steel, concrete, mine raw materials or any of the things that support our modern economies. In the past months the world price of coal for power generation has doubled. The price of natural gas has risen by almost 500%. Oil is headed to $90 a barrel, highest in seven years. This is a planned consequence of what is sometimes called the Davos Great Reset or the Green Agenda zero carbon madness.

Some two decades ago Europe began a major shift to mis-named renewables or Green Energy, mainly solar and wind. Germany, the heart of EU industry, led the transformation with former chancellor Merkel's ill-conceived Energiewende, where Germany's last nuclear power plants will close in 2022 and coal plants are rapidly being phased out. This all has now collided with the reality that Green Energy is not at all able to deal with major supply shortages. The crisis was entirely predictable.

Green Chickens Come Home to Roost

With the widespread covid lockdowns of industry and travel in 2020 EU natural gas consumption fell dramatically. The largest EU gas supplier, Gazprom of Russia, in interest of an orderly long-term market, duly reduced its deliveries to the EU market even at a loss. An unusually mild 2019-2020 winter allowed EU gas storage to reach maximum. A long, severe winter all but erased that in 2021.

Contrary to EU politicians' claims, Gazprom has not played politics with the EU to force approval of its new NordStream 2 gas pipeline to Germany. As EU demand resumed in the first six months of 2021, Gazprom rushed to meet it and even exceed record 2019 levels, and even at the expense of replenishing Russian gas storage for the coming winter.

With the EU now firmly committed to a Green Energy agenda, Fit for 55, and explicitly rejecting natural gas as a long-term option, while at the same time killing coal and nuclear, the incompetence of the think-tank climate models that justified a 100% CO2-free, electric society by 2050 has come home to roost.

Because financial investors on Wall Street and London saw the benefit of huge profits from the Green energy agenda, working with the Davos World Economic Forum to promote the laughable ESG investing model, conventional oil, gas and coal companies are not investing profits in expanded production. In 2020 worldwide spending on oil, gas, coal dropped by an estimated $1 trillion. That is not coming back.

With BlackRock and other investors all but boycotting ExxonMobil and other energy companies in favor of "sustainable" energy, one exceptionally cold and long winter in Europe and a record lack of wind in northern Germany, triggered a panic buying of gas on world LNG Markets in early September.

The problem was the restocking was too late, as most available LNG from the USA, Qatar and other sources that normally would be available had already been sold to China where an equally confused energy policy, including a political ban on Australian coal, has led to plant closings and a recent government order to secure gas and coal "at any cost." Qatar, US LNG exporters and others have flocked to Asia leaving the EU in the cold, literally.

Deregulation of Energy

What few understand is how today's Green energy markets are rigged to benefit speculators like hedge funds or investors like BlackRock or Deutsche Bank and penalize energy consumers. The headline prices for natural gas traded in Europe, the Dutch TTF futures contract, is sold by the London-based ICE Exchange. It speculates on what future wholesale natural gas prices in the EU will be in one, two or three months hence. The ICE is backed by Goldman Sachs, Morgan Stanley, Deutsche Bank and Société Générale among others. The market is in what are called gas futures contracts or derivatives.

Banks or others can speculate for pennies on the dollar, and when news broke on how low EU gas storage for the coming winter were, financial sharks went on a feeding frenzy. By early October futures prices for Dutch TTF gas had exploded by an unprecedented 300% in only days. Since February it is far worse, as a standard LNG cargo of 3.4 trillion BTU (British Thermal Units) now costs $100-120 million, while at the end of February its cost was less than $20 million. That's a 500-600% rise in seven months.

The underlying problem is that, unlike the case for most of the postwar period, since the political promotion of unreliable and high-cost solar and wind "renewables" in the EU and elsewhere (e.g. Texas, February 2021) electric utility markets and their prices have been deliberately deregulated to promote Green alternatives and force out gas and coal on the dubious argument that their CO2 emissions endanger the future of humankind if not reduced to zero by 2050.

The prices borne by the end consumer are set by the energy suppliers who integrate the different costs under competitive conditions. The diabolical way EU electricity costs are computed, allegedly to encourage inefficient solar and wind and discourage conventional sources, is that, as French energy analyst Antonio Haya put it, "the most expensive plant of those needed to cover demand (marginal plant) sets the price for each hour of production for all the production matched in the auction." So today's natural gas price sets the price for essentially zero cost hydro-electric electricity. Given the soaring price for natural gas, that is defining EU electricity costs. It's a diabolical pricing architecture that benefits speculators and destroys consumers, including households and industry.

A fundamental aggravating cause for the recent shortages of abundant coal, gas and oil is the decision by BlackRock and other global money trusts to force investment away from oil, gas or coal-all perfectly safe and necessary energy sources-to buildup of grossly inefficient and unreliable solar or wind. They call it ESG investing. It is the latest rage on Wall Street and other world financial markets ever since BlackRock CEO Larry Fink joined the Board of the Klaus Schwab World Economic Forum in 2019. They set up front ESG certifying companies that award ESG "politically correct" ratings on stock companies, and punishing those who do not comply. The rush into ESG investing has made billions for Wall Street and friends. It has also put the brakes on future development of oil, coal or natural gas for most of the world.

The ‘German Disease'

Now after 20 years of foolish investment into solar and wind, Germany, the once-flagship of EU industry, is a victim of what we can call the German Disease. Like the economic Dutch Disease, the forced investment into Green Energy has resulted in the lack of reliable affordable energy. All for an unproven 1.5C claim of IPCC that is supposed to end our civilization by 2050 if we fail to reach Zero Carbon.

To advance that EU Green Energy agenda, country after country with a few exceptions have begun dismantling oil, gas and coal and even nuclear. Germany's last remaining nuclear plants will permanently close next year. New coal plants, with latest state-of-art scrubbers, are being scrapped even before being started.

The German case gets even more absurd.

In 2011 the Merkel government took an energy model developed by Martin Faulstich and the state Advisory Council on the Environment (SRU) which claimed that Germany could attain 100% renewable electricity generation by 2050. They argued that using nuclear longer would not be necessary, nor the construction of coal-fired plants with carbon capture and storage (CCS). With that, Merkel's catastrophic Energiewende was born. The study argued, it would work because Germany could contract to buy surplus, CO2-free, hydro-electric power from Norway and Sweden.

Now with extreme drought and a hot summer, the hydropower reserves of Sweden and Norway are dangerously low coming into winter, only 52% of capacity. That means the electric power cables to Denmark, Germany and now UK are in danger. And to make it worse, Sweden is split on shutting its own nuclear plants which give it 40% of electricity. And France is debating cutting as much as one-third of its clear nuclear plants meaning that source for Germany will also not be sure.

Already on January 1, 2021 because of a German government mandated coal phase-out, 11 coal-fired power plants with a total capacity of 4.7 GW were shut down. It lasted only 8 days when several of the coal plants had to be reconnected to the grid due to a prolonged low-wind period. In 2022 the last German nuclear plant will shut and more coal plants will permanently close, all for the green nirvana. In 2002 German nuclear power was source for 31% of power, carbon-free electric power.

As for wind power making up the deficit in Germany, in 2022 some 6000 wind turbines with an installed capacity of 16 GW will be dismantled due to the expiration of feed-in subsidies for older turbines. The rate of new wind farm approvals is being blocked by growing citizen rebellion and legal challenges to the noise pollution and other factors. An avoidable catastrophe is in the making.

The response from the EU Commission in Brussels, rather than admit the glaring flaws in their Green Energy agenda, has been to double down on it as if the problem were natural gas and coal. EU Climate Czar Frans Timmermans absurdly declared, "Had we had the green deal five years earlier, we would not be in this position because then we would have less dependency on fossil fuels and natural gas."

If the EU continues with that suicidal agenda, it will find itself in a deindustrialized wasteland in a few short years. The problem is not gas, coal or nuclear. It is the inefficient Green Energy from solar and wind that will never be able to offer stable, reliable power.

The Green Energy Agenda of the EU, US and other governments along with the Davos-promoted ESG investing will only guarantee that as we go forward there will be even less gas or coal or nuclear to fall back on when the wind stops, there is a drought in hydroelectric dams or lack of sunshine. It doesn't take a rocket scientist to realize this is a road to economic destruction. But that's in fact the goal of the UN 2030 "sustainable" energy or the Davos Great Reset: population reduction on a massive scale. We humans are the frogs being slowly boiled. And now the Powers That Be are really turning the heat up.

[Ron: Obviously the demonic globalists are trying to destroy the civilised Western World and a major methodology being used is the global warming scam designed to eliminate usage of abiotic and nuclear fuel power sources. As this article indicates, the globalists have substantially sabotaged most of the Euro-Anglo-US economies BUT in fact they won't succeed.

Christ Michael Aton, (CM) the creator of this planet and local  universe, has tasked the Triodity of Presidents Trump, Putin and Xi and their global Alliance supporters to eliminate the demonic global controllers and their minions and enablers who have been orchestrating the global warming scam. They have almost completed that task. When it is, this planet will be placed under divine governance using unhackable Quantum financial and organisational computing.

Once the Triodity has removed the demonic global cabal its destructive political, societal, economic and environmental control policies will cease and the beneficial technologies and  methodologies they have suppressed and reserved for their own use for centuries, will be developed. That means that advanced power generation technologies like Nickola Tesla's zero point energy devices  (Tesla coils) and other advanced power generation and medical devices previously used exclusively by the global control cabal will be publicly disclosed and made available for use by Gaia's general population.

Nikola Tesla discovered and patented a method for producing energy from the vacuum (zero point energy) over a century ago and so there is no need to produce energy from solar or wind power or from abiotic oil and gas or coal, to provide for  humanity's energy needs. The demonic global control cabal has also suppressed use of available thorium and cold fusion technologies that could also adequately provide for humanity's power needs if Tesla technologies do not suffice. Also, advances in nuclear technologies can be safely used if necessary. In other words this planet need have NO problem as regards replacing abiotic oil and gas or coal, to provide for humanity's future energy needs.

However, be aware that in any event CO2 in the atmosphere is not causing significant global warming or climate change. Absent cosmic changes, a solar minimum is set to create global cooling and possibly an ice age in the near future. Coal, oil and gas and nuclear power generation will only be needed until Tesla 'zero point' technologies replace those power sources. As I understand the situation, Tesla coil power extraction from the 'ether' should start to become available after stasis. If that doesn't happen this planet can rely on nuclear, thorium, cold fusion* and other suppressed power generation technologies rather than the currently extremely uneconomic and disfunctional solar, wind and battery power sources being advocated by hysterical 'Greeny' cabal shills.

* As regards cold fusion see eg: Haton on Cold Fusion plus The History of MIT's Blatant Suppression of Cold Fusion http://abundanthope.net/pages/Environment_Science_69/Haton-on-Cold-Fusion-The-History-of-MIT-s-Blatant-Suppression-of-Cold-Fusion.shtml

Instead of allowing the cabal's fear porn to generate mass  psychosis about 'Global Climate Change', be assured that the future of this planet and all her inhabitants that embrace incoming consciousness raising cosmic energies, is very bright (pun intended).

 

When the Triodity's task is completed and the new technologies are made available the US and all nations around the world will enter upon a totally new, warfare-free environment in which local, regional and international communal co-operation, rather than violent opposition and Capitalist competition, will become the norm.

After President Trump is affirmed as the legitimate leader of the united states of America, public disclosures about the Globalist cabal's demonic, grossly criminal and genocidal activities and its impoverishment and enslavement of the global population, will occur. Similarly, disclosure of the suppressed inventions and discoveries of Nikola Tesla, Royal Raymond Rife and hundreds of others will occur. As those inventions become available physical life on this planet will be transformed.

See eg my comments in: America's Debt Crisis Could Well Shake The World. Cut Off By Sanctions & Suspicion, Russia Should Ironically Find Itself Insulated http://abundanthope.net/pages/Political_Information_43/America-s-Debt-Crisis-Could-Well-Shake-The-World-Cut-Off-By-Sanctions-Suspicion-Russia-Should-Ironically-Find-Itself-Insulated.shtml]

[Some colour fonts, bolding and comments in square brackets added.].

F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine "New Eastern Outlook".

 




All writings by members of AbundantHope are copyrighted by
©2005-2021 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

Environment/Science
Latest Headlines
AustraliaOne Party - COVID: Roundtable No.2 Courage and Wisdom
How ‘Green’ Are Lithium Batteries? Rio Tinto Driving Ecological Destruction in Serbia’s Jadar Valley
The Decay Of Science in The Age Of Lockdowns
New Evidence For Infanticide In The Creation Of The Fetal Cell Line Used For Covid Vaccine Testing
Michelle Grattan, 'Can Barnaby Joyce sell net zero policy?', CT 23/10/21, p. 48, quotes Barnaby Joyce:
Path To A Greener Future: Tax Kids Or Just Ban Them Outright
This Winter, We Could Potentially Be Facing Simultaneous Shortages Of Oil, Natural Gas, Propane And Coal
Why Smart People Are Stupid
BoJo Doesn’t Really Believe in the Green Crap
Moderna Had a Long History of Failure. Then Along Came COVID.
Sinister Rockefeller Food System Agenda — They Created it and Now Want to Destroy It
Where Stuff Comes From
The Real Cost of Government Mandated Wind and Solar
You Will Obey: U.N. Demands Further Cuts to Gas, Coal, and Oil Production
Moses of Climate Change Boris Says Climate Crisis Is Worse than Covid and We Have to Listen to the Science
UK Partners With Billionaire Bill Gates to Deploy £400mn Green Investment Package London Can’t Afford On Its Own
Now the Royal Family Are Just Shills for the Green New World Order
One Bank Reveals The Dismal Truth About The $150 Trillion Crusade Against Climate Change
WHO Slow To Approve COVID Jab Developed in India Without Using Aborted Fetal Cell Lines
42,000 Sources of Toxic PFAS ‘Forever Chemicals’ Polluting U.S. Surface, Drinking Water, Study Shows