The #1 lesson of skyrocketing gas and coal prices is this: fossil fuel-restricting governments have wildly overestimated the ability of solar and wind to provide the energy the world needs and wildly underestimated the need for fossil fuels to provide the energy the world needs.
Europe thought that they could ban fracking and restrict other forms of fossil fuel production because mandated, subsidized solar and wind would make up for the lost fossil fuel energy. How has that worked out?
With today's technology the natural gas and coal industries have a virtually unlimited ability to supply fuel to the world. The only reason they can't meet demand is anti-fossil fuel, pro-"green energy" restrictions on the freedom to produce gas and coal.
An obvious implication of the total failure of green energy to replace the fossil fuel energy lost from anti-fossil fuel policies is that we should immediately reject the fossil fuel-restricting, solar-and-wind-mandating reconciliation bill.
An obvious implication of today's total failure of green energy to replace the fossil fuel energy lost from anti-fossil fuel policies is that next month's UN Climate Conference is advocating mass murder by continuing to call for fossil fuel elimination.
If fossil fuel restrictions and green energy mandates cause huge price problems in the wealthy world, imagine what these policies--advocated globally by the UN--mean for the billions of people who less electricity than an average American refrigerator.
Here's the CEO of America's largest natural gas producer explaining how America's natural gas industry has a virtually unlimited ability to fuel the world, but that ability is stopped by anti-gas, pro-"green" restrictions on pipelines and LNG exports.
The #2 villain responsible for today's unnecessarily skyrocketing natural gas and coal prices, after fossil fuel-restricting governments, is the ESG movement. All those self-righteous, fossil fuel-defunding financiers are helping make this winter deadly.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Alex Epstein

Alex Epstein Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @AlexEpstein

13 Oct
Skyrocketing natural gas and coal prices are not a failure of the fossil fuel industry, but the total failure of *anti-fossil fuel policies*, which falsely promised that if we dramatically restricted fossil fuel energy production, green energy could easily replace it.

There is no physical reason that the natural gas and coal industries can't meet rising demand. The world has hundreds of years' worth of gas deposits and thousands of years worth of coal deposits. But governments radically restrict the freedom to utilize those deposits. Image
There is no technical or economic reason the natural gas and coal industries can't meet demand. These industries have gotten radically more capable and efficient in the last two decades--especially natural gas with fracking. But governments radically restrict their freedom.
Read 12 tweets
12 Oct
Good news! Huntington Beach, the CA beach most affected by the oil spill, is now open "after water quality tests revealed no detectable levels of oil-associated toxins."

Thanks to long-time Californians @benshapiro and @SteveHiltonx for helping me spread the truth last week.
During the height of the oil spill hysteria last week, I discussed with @benshapiro how oil is a natural, organic substance that would quickly become non-harmful to beachgoers--which is exactly what happened. Did any mainstream media get this right?
During the height of oil spill hysteria last week I had an extended discussion with @SteveHiltonx, now vindicated, about the manageable nature of the spill vs. the completely unmanageable burden that anti-oil policies place on Californians.
Read 6 tweets
11 Oct
The reconciliation bill is being pitched as a big job-creator. In fact it will destroy far more well-paying US jobs than it creates because its "green jobs" will be 1) unproductive, 2) largely in China, and 3) the cause of job losses in other industries via high energy prices.🧵
We are told that the reconciliation bill, by seeking to rapidly eliminate fossil fuels and replace them with solar and wind energy, will create millions of well-paying "green jobs"--far more than will be destroyed in the fossil fuel industry.

This is impossible for 3 reasons.
Reason #1 why the reconciliation bill will destroy productive US jobs: the "green jobs" it seeks to create are far less productive than the fossil fuel jobs that it will destroy--so they cannot possibly pay as well.
Read 15 tweets
8 Oct
The most persuasive argument for the reconciliation bill's radical policy of 80% "clean electricity" by 2030 is that other countries are already at 80%. But this is BS because those countries, unlike us, can use huge amounts of 1) nuclear, 2) hydro, or 3) imported power.

In response to worries that the reconciliation bill's policy of 80% "clean electricity" by 2030--from 30% today--will cause reliability problems, a group of prominent green electricity advocates recently claimed in an open letter that "reliability can be preserved and enhanced."
The most compelling argument given for reliable 80% clean electricity by 2030 is that other places, such as France and Ontario, have already achieved this. But this is a deeply dishonest comparison because those places can, unlike us, use huge amounts of nuclear and hydro.
Read 20 tweets
7 Oct
One of many great things about going on the @BenShapiro Show is that they're very generous about--and fast at--sharing video clips. Here's my conversation with Ben today about the California oil spill, Europe's failed energy policies, and climate change.
Here's why it's crazy for California elected officials to react to the temporary damage of an oil spill by calling for even more anti-oil policies. Such policies already cost us $20 billion a year in excess fuel costs (this oil spill may cost $20 million).
Here's how Europe's anti-fossil fuel policies, especially its fracking bans, are causing unnecessary mass misery as well as dangerous dependence on Russia.
Read 4 tweets
7 Oct
Last night on @SkyNewsAust I was interviewed by the always-incisive @RitaPanahi on why Europe’s natural gas problems are self-inflicted and why it would be heroic for Australian PM Scott Morrison to pull out of the Paris Climate Accords altogether.
Here’s the thread @RitaPanahi mentioned about why Europe’s natural gas problems are self-inflicted.
Here’s the interview I mentioned on @RitaPanahi’s show with the CEO of the US’s number one natural gas producer. Maybe we should start listening people who actually know how to produce and move gas.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!