Corporate Welfare Takes a hit: Solar stocks sink as Manchin kills spending bill poised to boost renewable energy sector😂, Coal-fired power generation on track to hit all-time high this year😂 – December 20, 2021,
If I’m to be honest I’m not sure how long this climate change scam can continue, but I hope people see where this aggressive corporate welfare push is coming from. The economy is clearly DEFLATING and the only way to keep this deflationary economy from crashing is to prop it up with Fiat money, which now because of shortages is causing seriously consumer price inflation problems.
Now, as we all know, if Renewables were as good as Nuclear Energy as an example, they wouldn’t require the corporate welfare they enjoy today. Any person who cares to research Solar is well aware of a grid-fail back system in which if your home runs out of energy from your batteries that are being charged from solar panels or wind turbines, you’d simply wire your home to use energy from the grid.
Well, that grid-fail-back system is not being used today because it would expose how inefficient solar and wind are and how wasteful these green new deal and Build Back better plans are. But to really drive home my point, consider reading the two articles I point to in this post. The first one talks about Cola Fired power generation on track to reach an all-time high?
Coal-fired power generation on track to hit all-time high this year, IEA says | cnbc.com
If you’re unaware, we’ve never had more solar panels and wind turbines in use in the history of the world before, but because these feed-in-tariff models do not work, they’re actually accelerating the demand for energy. So currently the people and the buildings you’ll see with solar panels on their roofs or wind turbines in remote areas aren’t actually generating power for anything specific, they’re actually the beneficiaries of current government policies, which is why solar stocks took a hit once corporations realized that they’re not going to get that huge government infusion of cash.
For someone like myself, this is beyond disgusting, and what’s even more disgusting is the numbers of so-called environmentalists, many of whom are socialists allowing the rich to get richer at the expense of the poor? The way the government is approaching solar is not only dirty and inefficient it’s accelerating poverty.
When the price of oil falls is based on consumer demand falling when the price of solar falls it’s because there will be no corporate welfare? If you don’t see anything wrong with that? I feel sorry for you!
Interesting times ahead!