Steve St. Angelo reported that as the U.S. and global oil industry continues to disintegrate under the weight increased debt and the Falling EROI – Energy Returned On Investment, analysts are still suggesting that solar and wind power are the solution to our energy problems. While there are many good reasons solar and wind can’t provide us with the necessary energy needs in the future, the most import one is that it takes the burning of a massive amount of coal, natural gas, and oil to manufacture renewable energy sources. Thus, solar and wind power are nothing more than fossil fuel derivatives. However, if you are an individual that does not believe in the fossil fuel terminology, then we can substitute it by saying solar, and wind power are nothing more than coal-natgas-oil derivatives.
Without the burning of one hell of a lot of coal, natural gas and oil, solar PV panels and wind turbines could not exist. Furthermore, it takes approximately 2,000 pounds of rare earth minerals to manufacture a 3-megawatt wind turbine. Not only do these rare earth minerals have to be extracted from the earth, processed and refined, then they have to be transported to the manufacturing plants that make up the parts for the wind turbine. Because most of the rare earth minerals come from China, few people realize the tremendous amount of pollution that comes as a result of the mining and processing of these metals. You can search “China Rare Earth Mineral Pollution” and find all sorts of horror stories. While the U.S. utility companies can slap themselves on the back by showing how GREEN they are by putting up Wind Power, just remember, a lot of poor slobs around the world only get to enjoy the pollution…. out of sight, out of mind. So, without the burning of a lot of coal, natural gas, and oil, along with a great deal of pollution, solar and wind would not be possible. Once we understand that simple principle, it should be easy to understand the ENERGY 1 +1 = 2. And that its, if oil production is in big trouble, so will be solar and wind. It’s really that simple. But the U.S. still installs a lot more natural gas power plants than solar & wind projects.
If we forget for a moment that Solar and Wind are not really green energy sources and look at the data on proposed U.S. electric generating plants for 2018, the market still favors natural gas generation, TWO to ONE over solar and wind, [with nuclear holding steading, even declining plant closures, but with new technologies (SMRs) around the corner, perhaps just in time to take on the coming slack as the stable, sole grid-source to supply abundant electricity at reasonable prices.]
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Please do not count on wind and solar to solve our energy predicament. There is no PLAN B. The only real option is one of managed DE-GROWTH. However, there is no way this would work because there are too many individuals, parties and corporations only focused on making the almighty Dollar. Which means… we will continue to press the accelerator down to the floor right up until the wheels fall off and the car careens over the cliff.
With coal, natural gas, oil, nuclear and biomass energy sources accounting for 95% of U.S. energy consumption, don’t count on wind and solar scaling up anytime soon to make a difference. And, as U.S. shale oil production heads downward, along with huge market downturn, don’t expect solar or wind power installations to increase in the future. Once U.S. and global oil production head south for good, so will the production of solar and wind power installations.
Lastly, he reminds us that he just produced a new video on the FRAGILE NATURE OF CURRENCIES. This is one video not to miss. If you have not yet subscribed to the SRSrocco Report Youtube Channel, please consider doing so at the link provided.
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