Tucker reviews the disaster that is energy policy in Europe. Between the embargo of Russia and the “Green Energy” initiatives like Germany shutting down its nuclear power plants, Europe will be freezing in the dark this winter. The fact that the price of natural gas has gone up 700% and Germans are scouring their forests for scrap wood to turn into wood chips to heat their homes this winter is somewhat shocking.
Carlson makes a very good point when he says clearly that wind and solar were never going to be even close to a replacement for coal, oil and gas for heating and electricity. But the Russian embargos are happening just at the right moment to create a perfect storm.
And so far, the Russians are still selling some gas to Europe (about 20% of what they could be sending). If they cut off the supply altogether it will shut down German industry altogether. So far the politicians are maintaining their stance on the Ukrainian war. But it’s still summer. We’ll have a better idea how things will go in January.
Now, we’re in better shape than Europe. We produce a lot of fossil fuels. But our energy prices have skyrocketed and they will increase again this winter. This should have some effect on the November elections I think.