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Energy Policy and virtue signaling
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rpvacvik
Apr 09, 2022
Thanks MB. We are screwed for sure. As a young man I figured out that sustaining a positive GDP forever was not possible and was a great theory at best. Growth for growth's sake is fraught with peril as what goes up must come down and the higher one is, the harder the impact. In 2008-9 we had the opportunity to soften the blow but we put a band aid on cancer and now the bottom is about to fall out, albeit with help from nefarious characters. The idea that conservation would result in additional economic contraction in the face of the worst inflation in decades is not lost on me. However, we have several scenarios playing out simultaneously all to no good end. While I am not Solomon, it would seem that energy conservation to mitigate both consumer and industrial inflationary pressures would benefit us all in the long run. Generating more funny money debt to burn up finite resources while on the inflationary hamster wheel is not the answer as I see it. Obviously the time to start conserving energy was precisely when we chose to waste energy chasing uptopia. Would our standard of living be lower than today? Yes. Would our quality of life be significantly worse, less comfortable or pleasurable? That is a matter for the individual to measure. The Apostle Paul spoke to being content in need and in surplus. An old axiom here was "waste not; want not". We have wasted much with less to show for it in the grand scheme of things. Mike, I would be interested in your thoughts relative to energy resources and our future based upon your oft repeated observations and opinions. As always, I am here to learn so educate me.
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Energy Policy and virtue signaling
In Forum Stuff
rpvacvik
Apr 04, 2022
Thanks so much guys and good morning. One reason that I enquired was a somewhat hopeful grasp that things were better than you describe them. I'm no Pollyanna but anomalies do happen. The mention of the reactor operating flat out, while a band aid on cancer, is a blessing I didn't expect to hear about. Perhaps it is not too late for the blind to see that renewables are not the panacea they were sold and plan to rely upon. MB, your assessment and PJs compliment are so very educational but I fear that they stop short of predicting the end game which is bleak. Intermittent energy flows at astronomical prices will destroy not only manufacturing and agriculture but the lack of demand for products and food, due to consumer energy expenses, will spiral in only one direction. In my opinion, only reduced energy consumption will mitigate the problems and provide any hope for a soft landing. That, of course, provides for a protracted recession which I guess is better than full on collapse. Concerning EU gas flows from Russia; it seems to have been an unreliable supply problem for years. While less educated on the subject, I recall many occasions, typically in the winter, where Russia or the USSR would throttle or shut off supply for different reasons and hold all or part of Europe hostage. The increased dependence on renewables and Russian gas was a nightmare waiting to happen. Please keep up the reports and the discussions. Hopefully you all will help change the perspectives of the masses and the trajectory of the situation.
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Energy Policy and virtue signaling
In Forum Stuff
Energy Policy and virtue signaling
In Forum Stuff
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