RE:RE:ObeI drink no koolaid....I am a fiscal conservative...basic economics that sky high prices cause substitution.
Not saying oil and gas will go away.
Woke Europeans realized that during covid, low oil and gas prices slowed down renewable installation.
When oil and gas prices are low....the only way to get really fast renewable installations was goverment rebates and subsidies.
this is current alberta grid generation....never seen NG only 5217..usually 6200-7400.
Doesnt take a genuis too figure out that NG at current prices is influencing this.....
GENERATION |
GROUP | MC | TNG | DCR |
GAS | 10826 | 5217 | 171 |
HYDRO | 894 | 342 | 74 |
ENERGY STORAGE | 50 | 0 | 20 |
SOLAR | 892 | 376 | 0 |
WIND | 2269 | 1850 | 0 |
OTHER | 424 | 179 | 9 |
DUAL FUEL | 0 | 0 | 0 |
COAL | 1266 | 1260 | 0 |
TOTAL | 16621 | 9224 | 274 |
fortunefavorsus wrote: Wow you really drank the woke koolaid. Everybody now knows green future is only for delusional fools and you have Europe as a prime example. Oil and Gas as the predominate energy source will be here long after you and I are dead.