ESG in America = Extreme Shortages Guaranteed
Everything that needs electricity is made with the oil derivatives manufactured from crude oil. In an all-electric world, there will be nothing to power without oil.
Everything that needs electricity is made with the oil derivatives manufactured from crude oil. In an all-electric world, there will be nothing to power without oil.
The wealthy countries continue to focus on subsidizing intermittent electricity from breezes and sunshine while developing countries and those not within the elite core of society, suffer from shortages and inflation.
Zero emissions at ANY COST seems to be the direction being mandated by governments and the Environmental, Social and Governance movements around the world, to divest in fossil fuels.
Dependance on lithium mining in America to qualify for subsidies, will further negatively impact the lithium supply chain for batteries and stagnate the mandated transition to EVs.
Both are doing great jobs of killing the economy.
The wealthy countries that have chosen to go “green” have the highest cost of gasoline and electricity.
The American people never voted to give the finance industry this sort of control over our country.
America has chosen to meet society’s demands for products by continually increasing supplies from foreign sources, but those choices are backfiring on the American economy.
With California collecting $1.30 per gallon for taxes, fees, and costs for the states’ climate programs, those 58 million gallons of fuel being consumed daily is more than $75 million dollars a day or more than $27 BILLION dollars a year for government spending.
Why are we paying exorbitant prices to fuel our automobiles?
The lithium supply chain for electric vehicle batteries may be in question as well as insurability of cargo ships to bring EVs to America.
The world is silently slipping into a future of shortages and inflation as society’s demands for all the products and fuels manufactured from crude oil is exceeding the supply available from the dwindling number of refineries.
Divesting from fossil fuels will negatively impact the heavy-weight, long range infrastructures needed to maintain economies and the health of the world’s population.
Life Without Oil is NOT AS SIMPLE AS YOU MAY THINK as renewable energy is only intermittent electricity from breezes and sunshine as NEITHER wind turbines nor solar panels can manufacture anything for society. The demand for fuels to move the heavy-weight and long-range needs of more than 50,000 jets for the military, commercial, private and the President’s Air Force One, and the more than 50,000 merchant ships that move products throughout the world are also manufactured from the supply of crude oil. Today, there is a lost reality that the primary usage of crude oil is NOT for the generation of [...]
With most of the exotic minerals and metals to build EV batteries being mined in developing countries, is it ethical to support the environmental degradation and humanity atrocities occurring in developing countries?