The ESG (Environmental, Social and Governance) narrative is eroding. The world is no longer on bended knees for climate change indoctrination. Due to political changes all round the world major oil companies are scaling back their clean energy investments in response to the growing anti-ESG sentiment.
Initially politicians embraced wind turbines and solar panels as symbols of ecological virtue.
Reality is less prosperous. Wind turbines come with an environmental price as well. Installing these devices require cutting down forests, building roads, and installing machines filled with various chemicals and hazardous fluids.
The worst of all might be the net-win number. Realizing a wind mill consumes as much energy as it will generate over its lifetime. Windmills do their job for an estimated period not much longer than ten years. Disposal of these air consuming monsters is in many ways a costly and heavy burden.
Electric mobility is stranded and at least developing much slower than environmentalists hoped for. Car manufacturers cut production and car lease companies massively cancel sale contracts for new electric vehicles.
In a major part of the world, without fiscal support, the EV industry is near dead.
Few people are eager to drive electric. It is dangerous as well. So many cars die in flames due to burning batteries. And that’s not all.
Bear in mind that major energy companies warn for future power interruptions as net congestion is a substantial risk.
In case of an emergency it might happen that you can’t drive because of mandatory power restrictions or an empty battery.
The smart meter is not that smart after all. Only smart for governments that love to spy on you. Smarts meters are able to monitor you particularly during period’s the use of electricity is prohibited. They will come after and fine you.
Further it takes still to much time to charge the battery. At least 15 minutes.
This all comes with the astonishing conclusion that the environmental benefit of EV’s is limited.
Lithium, cobalt, and nickel are all mined with immense environmental damage. And what nobody tells is that charging an electric vehicle is a massive waist of energy. At least 50% of the electricity is lost as heat during charging operations.
More people are fed up with the lies, hidden truths and financial impact the green initiatives ignites.
Hardest hit are citizens living in Europe especially Germany. The once great economy is on the verge of collapse due to green and other controversial politics based on lies and misinformation.
Germany abandoned nuclear power entirely. A stupid choice not driven by science but political pressure only.
We all know that there is climate change but this happens since the beginning of the planet.
What we see is seasons changing. The autumn is relatively longer warm as spring is relatively colder than decades ago. There is still no evidence that this is due to human behavior.
President Donald Trump declared the climate change concept during his UN speech “The greatest con job ever”
And there is proven evidence that climate institutions and particularly the European media don’t tell the whole story. They unstoppable talk about “the hottest day ever” as you easily can find in the statistics that this is often false information. Whose goanna arrest these guys?
Let there be no misunderstanding that we must save the environment and the scarce resources. But don’t tell lies, stop destroying economies and don’t drive ordinary citizens into poverty with unbearable energy taxes. At the end of the day, taxes do not alter the daily routine, it only causes inflation. The tax effect fades away as wages go up to compensate.
Instead invest in the latest science. In the long run, that’s the best approach to save the planet.
The future is bright. We are less than a decade from the moment that AI meets Quantum Computing. This opens the door to the creation of unseen, exiting new materials and energy solutions. With this in reach there is no need to destroy economies and livelihoods with climate lies and fiscal punishment.