Live Breaking News & Updates on They T Repe Fossil Fuels
Stay updated with breaking news from They t repe fossil fuels. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
europe is descending into poverty. did you know that? someone told you that? so the most advanced continent on the planet, the birthplacerta of western civilization,ce our civilization is getting much poorer very quickly. it s moving backward at high speed just a year ago,st ay europe was a modern place.ea for example, the overwhelminge r majority of europeans heatedwhle their homes with natural gas as modern people do in germany,l the continent s richest country, only about six percent of households, most of them6% o rural, heated with cord wood and you would expect that givena that again, germany is a moderna industrialny country with centrl heating and indoor plumbing and all the other trappings of a society that has moved beyonda the medieval period. year, only about six percent of germans used% of wood to heat their homes. but that has changed dramatically. demand for firewood in germany has risen so fast that there is none left to buy. you can t get it so desperat ....
To witness something like that in europe first before we see it here.st bef and as far as the energy issue.h yes, and the war in ukraine lift the sanctions against russia. th they re doing far more damager to us than they are to russia. so that damauss part of it. but here s the real problem. certainly since biden came in, he s done everything in hishi power to eventually stop the investment of capital in the energy sector. so capital has migrated awayy fm from the energy sector. we haven t built a new refinerye in the united states since the nineteen seventies. he canceled the keystone19 pipeline70s. and a problems to i with those things is that it takes years to build the infrastructure so you don t see the energy flows improve. and then finally, we ve lost touch with another reality today. the world is different from what it was thirty or forty years ago. we have huge populations in india and china, new economies that demand energy china. we are lifetimes away from. replacing fossil ....
Oil prices have doubled, coal prices have quadrupled and natural gas is nowl seven times more expensive than early last year. gas,even tim seven times more so it turns out if you don t have cheap natural gas, you can t run the continent. now, if you ve got a graduate degree and live in a city inth the united states , you may cit be shocked to learn this. you may never havey in heard this before. you may have believed thatel fossil fuels were on their way out any day nor waw. and you thought that because the davos people and our own leaders assured us of that forot decades they told us that green energy was the future and the future becausers is her. it s here. as recently as last month, ecz the world economic forum claimed that europe could save, $1 te,em one trillion in fosl fuel costs by switching to renewables. but it turns out and this may not shock you, they had no clue what they were talking about.ab. they knew nothing about the subject, the subject they talked about endle ....