Charles Adler: The Global Warming Scare Is Dying — ‘Billions of dollars swindled out of ordinary people all over the world, in the interests of saving the world’
Charles Adler: The Global Warming Scare Is Dying
When historians look back at this era, they will write about the billions of dollars swindled out of ordinary people all over the world, in the interests of saving the world.
It’s been a tough week for the global warming purists.
They are getting blowback in Germany, where people are not only getting sick and tired of paying more for electricity — the same strategy that has been destroying the morale of Ontarians paying higher bills — but because people in rural parts of the country are getting increasingly restless as the government insists on building more of those wind energy monstrosities.
Let me begin with a quote from the German publication Der Spiegel:
“The goal is to get away from the turbulence found near the ground and to climb up into the Ekman layer, above 100 metres high, where the wind blows continuously. Up there, the forces of nature rage freely, creating enough terawatts to meet the energy needs of the global population hundreds of times over. Or at least that’s the theory.”
Yes, that’s the theory.
The big picture is this: All the theories about wind and solar energy have not been working out very well for the Germans. They’re paying through the nose for alternatives.
While it appeases green activists and pays handsome annual rents to farmers who agree to have turbines and solar panels on their land, those who are not directly involved in green subsidies are growing weary of all the theorizing.
Spain, as you know, is a country that hit the economic skids in the global crash five years ago and it still isn’t even close to recovery.
Debts are enormous and jobs are enormously scarce. Unemployment among youth is 50%.
And in recent days, the government has decided to massively reform its alternative energy program, meaning dramatic cuts in subsidies.
The green movement is complaining, as are, of course, the companies that have benefited from the subsidies.
But the government and taxpayers can’t take the balderdash any more.
Spain’s industry minister, Jose Manuel Soria, is telling them the government has no choice but to cut those subsidies.
He said, “If we did nothing, the only two alternatives would either be bankruptcy of the system or an increase of the price to consumers of more than 40%.”
You may remember Spain was seen as a model country for Barack Obama, who shortly after taking power in the U.S. announced to the country that he wanted to put Americans on the same green path as the Spaniards.
While Obama praised the Spanish government for being a leader in bringing green energy to its country, a Spanish economist warned that for every green job created in Spain, 10 jobs would be lost.