In part I (The Green Energy Myth) we made the case that the plans in place for making any transition at all, let alone a smooth one, were cartoonishly bad.
Blame a failed educational system, bad parenting, or the fact that we’re coming out of extremely easy times so our key leadership positions are stuffed to the gills with weak individuals.
Whatever the cause, we’ve got a rough patch in front of us. If things go really poorly, then you’re going to want access to a legitimate Plan B location, a working garden, ammo, and excellent physical skills and knowledge. If things go better than that, then having a sense of where the puck is going will help you skate to where the opportunities will be.
The energy delusion that has gripped the West is so profound that it has created bizarrely obvious investment opportunities. Going further, commodities in general have been the playthings of the speculator class for so long that it seems as if everyone has forgotten what true value is and the importance of allowing true price signals to direct human attention and effort.
Getting from here in late 2023 to 2030 without a massive disruption led by oil price spikes would take either a miracle or a punishing Greater Depression to destroy demand.
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by terry61