GREY:XEBEQ - Post by User
Comment by
gimmycash2on Apr 25, 2021 4:41pm
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Post# 33064034
RE:The green energy sector is going to heat up shortly
RE:The green energy sector is going to heat up shortlyJust my opinion,I think this green revolution is a little overhyped.why you ask I'll tell you.let's start with Africa ,the government there is about to issue hundreds of permits to oil companies.India is stepping up their coal fired energy to keep up with demand.China is about to build more coal fired energy plants.England just said they will keep oil jobs going 100% until clean energy can support a transfer of jobs from oil to clean energy.you have got three quarters of the middle eastern economies hinging on oil exports,Russia is very dependent on oil for thei economy.the pipeline that Biden nixed is back on track,South American oil exports very important to their economies,western Canada is going to die if oil shuts down .it was nice of Biden to sign all those executive orders,and take the lead in the green energy revolution ,but in my opinion lots of oil dependent countries are just saying yes to everything and doing the exact opposite .not to mention the mega trillions of dollars this mastermind plan will take to execute,and the millions of jobs that will be lost by not too educated workers who will probably not be able to adapt to a high tech world.and not to mention the fact that most businesses can not afford this kind of transformation.I can see lots of carbon emissions being cut by huge companies,and lots of electric vehicles on the road in the future, it the timelines some countries are setting seem highly unlikely.and don't forget who is preaching the good word,governments,a few billion dollar corporations and the big banks.all the small guys which make up most of the market are biting their nails wondering how they will cope .sorry for the long read but reality is real.glta