Behind a $500 Million Donation to

‘Finish the Job on Coal’

Kevin Stocklin – Epoch Times – November 5, 2023

The following are excerpts from the above article which I am reprinting with only a few comments following the excerpts as the above writer pretty much “says it all” regarding the consequences of following the direction of the “Manmade Global Warming Junkies” (my phrase).

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Billionaire philanthropist and former New York Mayor Michael Bloomberg pledged $500 million in September toward shifting electricity production in the United States to wind and solar energy and shutting down its coal- and gas-fired plants.

However, some experts say that Bloomberg’s millions, together with the billions being spent by the Biden administration, are paving a road to ruin.

“With 372 of 530 coal plants announced to retire or closed to date—more than 70 percent of the country’s coal fleet—this next phase will shut down every last U.S. coal plant,” Bloomberg Philanthropies stated.

The effort also aims to “slash gas plant capacity in half, and block all new gas plants.”Many of those who study America’s electric infrastructure say this is taking us down a dangerous path.

German energy economist Lars Schernikau has assessed the results of his country’s “Energiewende” (energy transition) and warns Americans to not follow Germany’s example.

“Wind and solar do not seem to work; otherwise, after 20 years of ‘Energiewende,’ power prices would be lower and Germany would not be in trouble,” he told The Epoch Times.

Germany spent hundreds of billions of euros to build wind and solar facilities since 2002, doubling its power generation capacity and boosting the share of renewables to 60 percent from about 10 percent. However, its electricity production has been flat, while the cost of electricity skyrocketed.

Wind and solar don’t increase output proportionately because of their significantly lower “capacity factor,” or the percentage that’s actually generated versus capacity built.

For all the billions spent, Germany’s “Energiewende” has delivered an increasingly unreliable electric system at a cost to consumers that’s higher than virtually every other developed country. The process of shuttering coal and nuclear plants has left the country at the whim of the weather and unfriendly neighbors, such as Russia, and also dangerously short of dependable power that can be adjusted to meet fluctuations in demand.

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The entire article is available on Epoch Times at the date shown above.  My only closing comment is that our own governments drive to pursue solar and wind power for all of our nations energy needs is in the opinion of many knowledgeable and thoughtful experts a “fools errand” that will lead us down a path of ever more expensive and unreliable energy for our day to day needs under all weather conditions.  To quote another excerpt from the article:

“We’re following people here that are pied pipers,” physicist and energy analyst John Droz told The Epoch Times, referring to the literary character who led children to their doom through delusive enticement.”  “This whole business of promoting renewables as a solution is completely unproven, scientifically.”

Too close I can only say this whole “Climate Change” madness is largely based on junk science which I have written about in the past.  Go to:

https://www.stoppullingthewagon.com/?s=junk+science+ala+carte

Bob Bandy – November 2023