Natural Gas Now Best Picks – May 27, 2023
Tom Shepstone
Shepstone Management Company, Inc.
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Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.
This week: it’s the civilization and not the climate that is in crisis, the AP goes full corrupt (not just on natural gas) and all we need to know about the energy transition.
Look for these stories below, including links to the original articles!
It’s the Civilization, Stupid!
These are very wise words:
Instead of fighting anti-civilization lunacy, corporations are taking their money off the table, along with their life-affirming affordable fuel…“We need to criticize the people who got us here,” says Alex Epstein, founder of the Center for Industrial Progress and author of Fossil Future.
“We can’t keep treating these designated experts as real experts. They are not real experts, they are destroyers. They are anti-energy, non-experts. And that needs to be made clear.”
Epstein is right, and his advice has never been more urgent—or as difficult to make people understand. It is no exaggeration that every major institution in America has now committed itself to the elimination of affordable and abundant energy. If it isn’t stopped, this commitment, motivated by misguided concern for the planet but also by a lust for power and money and enabled by moral cowardice and intellectual negligence, will destroy Western civilization.
For over 50 years, with increasing frequency, corrupted, careerist scientists have produced biased studies that, amplified by agenda-driven corporate and political special interests, constitute a “consensus” that is supposedly “beyond debate.” We are in a “climate crisis.” To cope with this climate emergency, all measures are justifiable.
This is overblown, one-sided, distorted, and manipulative propaganda. It is the language of authoritarians and corporatists bent on achieving even more centralized political power and economic wealth. It is a scam, perhaps the most audacious, all-encompassing fraud in human history. It is a scam that explicitly targets and crushes the middle class in developed nations and the entire aspiring populations in developing nations, at the same time as its messaging is designed to secure their fervent acquiescence.
What is actually beyond debate is not that we are in a climate crisis but that if we don’t stop destroying our conventional energy economy, we are going to be in a civilizational crisis.
How true! The natural gas debate over fracking has now, in retrospect, been revealed as a mere distraction from the real war, which is one for power and wealth to be obtained under the cover of a non-existent climate crisis. During medieval times such wars of plunder took place as invasions of other countries; today it is the middle class, indeed civilization itself, that is being invaded.
Hat Tip: D.S. & S.H.
AP Goes Full Corrupt on Climate
Anyone who has dealt with an AP reporter, as I have on natural gas issues, knows the Associated Press is anything but fair and independent news source, but now it’s gone full corrupt:
In the year following a grant of more than $8 million to the Associated Press from key climate changeadvocates, the news service has poured out at least 64 stories warning of environmental calamity, according to a new media study.
Media Research Center Business charted the stories and language used following the multimillion-dollar grant and found that AP also used over 500 environmental extremism buzzwords in the stories.
The media giant, which feeds news outlets worldwide, received grants totaling $8 million from the William and Flora Hewlett Foundation, the Howard Hughes Medical Institute, Quadrivium, the Rockefeller Foundation, and the Walton Family Foundation in February 2022.
AP said it would hire 20 new environmental writers with the money to create a climate swat team to “enhance the global understanding of climate change and its impact across the world.”
So far, it has lived up to its promise, said MRC Business, a branch of the conservative media watchdog.
In its study, provided to Secrets, MRC Business wrote, “The term ‘Climate Change’ itself appeared a whopping 212 times. ‘Warming’ and ‘Global Warming’ appeared 140 times collectively. ‘Extreme(s)’ emerged 32 times and ‘Disaster(s)’ and ‘Climate Disaster’ appeared a collective 30 times. One Dec. 9, 2022, AP story was headlined: ‘New abnormal: Climate disaster damage down to $268 billion.’”
This is the nature of most major media organizations today—absolutely corrupt to the core and doing the bidding of special interests, including not only NGOs but also the CDC, CIA and the FBI, all of which are now hopelessly depraved.
Hat Tip: R.N.
All We Need to Know About the Energy Transition
Bain & Company does an annual survey on the energy transition from fossil fuels such as natural gas to inefficient and expensive old technologies such as solar and wind to which climate grifters want us to return so they can harvest subsidies. The survey is well worth perusing as these quotes reveal:
Access to capital for new low-carbon investments isn’t a major constraint, but ensuring a return on investment certainly is. Most customers aren’t willing to pay much more to support these new businesses at scale, so companies will need government policy support to incentivize the investment…
Four out of five executives consider the ability to create acceptable returns on projects a main barrier to decarbonization of the energy system. Their concerns are based on customers’ unwillingness to pay—not universal, but enough to make it hard to scale low-carbon businesses. So they look to government policy and regulatory support to help bridge the gap…
“While it can be a worthy goal to cut emissions, there will be a large societal cost if we move too quickly in the short term and leave people at risk of dying because they can’t afford to heat their homes.”…
“There is a basic lack of understanding of how a fully decarbonized system may work and at which cost. Policymakers yearly increase decarbonization targets, without any reality check. Top-down processes are predicted to fail unless they find support from people, especially when these targets erode spending power by increasing the cost of energy and fuels.”
Every one of these concerns falls into the category of “How could you not know this?” of course, but note how the thrust of the hedge-funder message here is that “green energy” is obviously uneconomical and no one wants to pay for it. So, what is their solution? Make people pay what they don’t want to pay by hiding the cost in subsidies paid through mandates and taxes. That’s every bit of what we need to know about the energy transition; it’s a fraud.
Hat Tip: D.B.
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