Numerous points that were addressed in my lambast of the climate cult in “The EV Swindle” have surfaced lately in legacy media as all lies surrounding the false religion of climate change, its “Kult” undertakings, and self-absorbed selfie greenies are eventually rectified in the light of day by truth or death. The world finds itself in a self-imposed global energy crisis and rampant greenwashing fraud that’s essentially a high-speed lane to economic suicide. Meanwhile, restaurants across the country are faced with “impossible” gas bills that push them to the brink of closure. As investors realize that the proposed energy transition will take decades and is not economical or environmentally sound, it’s crucial to call out those responsible who smugly promote an anti-oil movement and the weaponized apparatchiks in government that legislate or enforce policies that never allow a good crisis to go to waste. Now that the OPEC cartel is back in charge of the world oil market, industry executives warned earlier this month that the balance of supply and demand is “on a razor” and that higher prices are on the horizon.
The psychosis of self-inflicted energy insecurity is rendering the West impotent against the BRICS+, OPEC, and Russia via sanctions and diplomatic chicanery. Restrictions on domestic petroleum-based production are being implemented under a pretext of false promises that unreliable solar/wind renewables can replace a diversified energy base in an economy but not be perilously dependent upon foreign sources of oil and gas to sustain a broad range of energy requirements that includes the electricity power grid. Saudi Arabia has warned for years that ditching oil would result in reduced investment within oil industry infrastructure and eventually create shortages. Here is an excerpt from Part 1 (Twitter thread) and two recent video clips from the U.S. and Australia:
“Electric Vehicle (EV) adoption by the United States population at large by the 2030s is an economic, environmental, and infrastructure boondoggle that’s being rammed down the throats of U.S. citizens by the Biden administration and Pete Buttigieg’s incompetence via the Department of Transportation. Capitol Hill’s underlying motive for transforming U.S. energy policy and the petroleum industry’s infrastructure is based on an environmental emergency that doesn’t exist and political science. EVs are not cheaper to buy and run than internal-combustion engines, don’t use less energy, and don’t cause less pollution. There is certainly a pollution problem in the environment, but that job falls under the auspices of the Environmental Protection Agency and has nothing to do with Buttigieg or the complexity of Earth’s climate that’s always changing.” – TraderStef
Climate Cult Gets ‘Nuked’ By Jordan Peterson – Tucker Carlson, Mar. 11
Climate Change Scam – Australia Senator Malcolm Roberts, Feb. 6
In Part 1, documented evidence made the case that replacing batteries in an electric vehicle was more costly than an EV’s original purchase price or its used value. Just yesterday, Reuters published an article that highlighted that the expense of replacing slightly damaged battery packs is so high that insurance companies are trashing them due to “zero repairability.”
Scratched EV battery? Your insurer may have to junk the whole car… “For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a ‘circular economy’… but an EV isn’t very sustainable if you’ve got to throw the battery away after a minor collision’… Lauterwasser noted EV battery production emits far more CO2 than fossil-fuel models, meaning EVs must be driven for thousands of miles before they offset those extra emissions. ‘If you throw away the vehicle at an early stage, you’ve lost pretty much all advantage in terms of CO2 emissions,’ he said… It already costs more to insure most EVs than traditional cars.” – Reuters, Mar. 20
Charging all those EVs hitting the road will soon strain the U.S. power grid at the same time that power plants are retiring at a faster pace than the growth of new infrastructure. Across the pond in Europe, their hyped green power grid is unable to provide sufficient energy and is on the brink of failure in Germany.
Power Shortages Coming Soon to America… “Existing power plants are projected to retire at a faster pace than installations of new units, and dependence on renewable projects are threatening widespread power shortages, according to a new report by regional power transmission company PJM Interconnection… PJM also forecasts power demand growth of 1.4% annually over the next decade. Certain individual zones might even show demand growth as high as 7% per year due to the expansion of clusters of data centers as well as overall electrification… The pace of new power generation addition will be ‘insufficient’ to fill the supply gap by 2030. As such, the completion rates of upcoming projects will have to ‘increase significantly’ to maintain necessary reserve margins… The documentary ‘The Shadow State,’ which investigated the environmental, social, governance (ESG) industry, warned that government policies are pushing more Americans onto the U.S. grid at a time when the grid is becoming ‘increasingly unstable’ due to climate change agenda.” – Epoch Times, Mar. 3
Global automotive executives are less confident in EV adoption than they were last year amid supply chain issues and rising economic concerns. When evaluating corporate entities and investment firms that buy into the government’s climate narrative and ESG agenda, it turns out that politically neutral investing outperforms the greenie hopium. Despite Capitol Hill passing anti-ESG legislation and sending it to Biden for signature, he decided to tout it as the first veto of his presidency. The legislation was written to prevent the Department of Labor from issuing a rule towards money managers stating they could weigh climate change and other ESG factors as they handle retirement investment portfolios. That rule overturned Trump’s directive that limited the ability of managers to consider such factors. The current rule is nothing more than a tool for companies to greenwash their practices with your retirement funds. And how about the debt-for-nature market that was thrown into chaos with the collapse of Credit Suisse and the 1,500 climate-change tech companies that were de-banked by the Silicon Valley Bank implosion (thread)? No worries, though, as “you will own nothing and be happy.”
“Biden said his first veto was about protecting your retirement dollars. That’s a lie. He wants to use *your* retirement $$$ to advance his own political agendas. Don’t fall for the trick.” – Presidential Candidate Vivek Ramaswamy, Mar. 21
Politically-Neutral Companies Outperform ESG-Driven Firms, Study Reveals… “In a Wall Street Journal commentary, ‘Is ESG Profitable? The Numbers Don’t Lie,’ veteran investment industry experts Mike Edleson and Andy Puzder present the findings of their study of the effect of ESG politics on company fortunes… A simple index composed of only neutral companies gained 2.9%, ‘significantly outperforming both broad-market and ESG indexes in up and down markets. Notably, the benchmarks include the outperforming neutral companies – indicating that the politically active companies further underperformed’… Given the results, ‘It seems obvious that asset managers won’t maximize shareholder returns if that isn’t their focus’… Other studies appear to support their finds. A Bloomberg analysis found that, over the past five years, an ESG portfolio would have garnered a 6.3% return, while a non-ESG one would have increased by 8.9%. Likewise, a recent survey by The Trafalgar Group found that more than three-quarters of voters would prefer to do business with a company that stays out of politics.” – MRC, Mar. 21
The production of EVs does not live up to the environment-friendly façade that activists and politicos would have you believe. The green dream and zero-emission fantasy is just a god-forsaken impending failure. John Stossel compiled a list of inconvenient facts, such as driving your EV for 60,000 miles puts more carbon in the air than a gas powered car. The transition to EVs will require mining three times as much lithium than currently produced for the entire world market, which will create water shortages, incite Indigenous land grabs, and the destruction of ecosystems. In Indonesia, the “tainted city” is killing workers, and Bloomberg’s investigation to trace the aluminum supply line for producing the Ford F-150 EV led to the Alunorte refinery in Brazil that’s sickening thousands of people by polluting the drinking water. So why aren’t the “just stop oil” eco-mobs smashing EV charging stations or gluing themselves to portraits of WEF emperor Klaus Schwab at his Great Reset (thread) castle?
The Dark Side of Green: Indonesia’s ‘Tainted City’ Is Killing Workers… “The green revolutionaries want to tell us that their solutions are good for the environment, and, of course, they include those trendy electric vehicles. To hear the Biden administration tell it, buying an electric vehicle works like magic to solve all the world’s problems. But there’s a dark side to the green revolution that’s supposed to save the planet. Nowhere is the danger of the relentless push for EVs more evident than in an industrial village in Indonesia. The people who work at the Indonesia Morowali Industrial Park (IMIP) call it a ‘tainted city’ because of the danger and pollution involved in mining nickel at such a rapid pace to meet the demand for EVs.” – PJ Media, Feb. 21
Ford’s Electric Pickup Is Built From Metal That’s Damaging the Amazon… “The new all-electric model of America’s best-selling pickup truck, the Ford F-150, relies on aluminum to keep it light and give it speed. With no delay from a piston-firing combustion engine, it can bolt like a high-performance sports car from zero to 60 in 4 seconds. It emits no exhaust, makes no sound. Yet its impact can be heard a world away — in the Amazon rainforest in Brazil. That’s where the Ford F-150’s troubled trail of aluminum begins.” – Bloomberg, Feb. 26
This insanity needs to stop. The next time you consider buying an EV, be aware of the economic hell and environmental pollutants it unleashed and will worsen. But you’ll be zooming around in a worthless hull while sitting directly on top of electromagnetic (EMP) waves that will negatively impact your health. Go figure.
This Has Got to Stop… “And it will stop because, as the old wag Herb Stein laid down in his law years ago: Things that can’t go on, stop. Which things? And the answer is the things Western Civ is doing in its attempted suicide: inciting war, recklessly running up debt, persecuting its own citizens and stealing their liberties, subjecting them to medical malfeasance, destroying their goods production and food-growing capabilities, and subjecting the public to incessant mind-fuckery in a campaign to falsify and disfigure reality. A consortium of public and corporate bureaucracies has institutionalized the falsification of reality under the pretense of saving the human race from a pack of hobgoblins led by climate change racism… They have been driven insane by the actual reality of pending economic collapse, which has only been accelerated by their own suicidal activities… ‘After shredding any fealty to free speech, they now are attacking journalists, demanding their sources and claiming their reporting is a public threat.’” – Howard Kunstler’s Clusterfuck Nation, Mar. 20
Energy Secretary Jennifer Granholm Yells About Climate Change: “IT IS AN EXISTENTIAL THREAT!” – GOP War Room, Mar. 10
Let’s close up shop tonight with some fly-over country love for a Deuce and a Half.
“Check out my ‘new’ 1971 M35a2 bobbed Deuce and a Half! It’s Multi-fuel Hercules engine burns diesel, gasoline, kerosene or decomposing pages of the Green New Deal.” – John Rich (video), Mar. 20
Plan Your Trade, Trade Your Plan