This obsession with climate change

This obsession with climate change.

President Joe Biden and the apocalyptic climate cult within the Democrat party believe that “climate change” is the greatest threat to the country.  That’s right, the greatest threat is not nuclear war, not unlimited unlawful immigration, not inflation, or out-of-control spending.  Instead, it’s the slow warming of the atmosphere, which they believe is caused solely by burning fossil fuels.

In 2021, Biden signed an executive order that decreed that all federal contracts for goods and services to be carbon-neutral by 2050.  Some states and businesses are following Biden’s lead.  And now the Environmental Protection Agency is proposing vehicle pollution limits for 2032 that are so strict that they will force roughly two thirds of new vehicles sold to be electric.

This may sound glorious to climate warriors, but they have no idea what they are getting us into.  Transitioning to net zero involves decarbonizing electrical generation, industry, and transportation all at the same time.  It also involves creating net-zero carbon buildings, even though none presently exists.

Let’s assume Joe Biden and subsequent leaders can force a national conversion away from fossil fuels by 2050.  Can this plan work?

Let’s start with the roughly 263.5 million cars and light trucks registered in the US in 2020.  Only 1% are electric, meaning that around 261 million are not.  Since Americans drive an average of 13,476 miles per year, we drive approximately 37 miles daily.  If an electric vehicle gets about 3–4 miles per kilowatt hour, that works out to around 10.5 kWh per day.  So the electricity needed to fuel future E.V.s is approximately 2.74 billion kWh/day.

The fact is that the entire electrical generating capacity of the United States in 2022 was just over 1,200 gigawatts.  A total conversion to electricity would require us to more than quadruple our present capacity.

Can we possibly generate this much electricity without the use of fossil fuels?

Since we are today barely adding 40 gigawatts per year, at this rate it will take us over 130 years to create enough generating capacity to support the demand for electricity in 2050.

If this wasn’t crazy enough, the UN recently claimed we need to reach net-zero carbon emissions by 2040 because the world is fast approaching catastrophic levels of heating.

This is just nonsense.  Unfortunately, the Ministries of Magic and Climate Change, AKA the U.S. Department of Energy and the EPA, seem to be under the control of the same climate-obsessed, fossil fuel–hating dark wizards infesting the U.N.

No one is going to die from climate change.  But what happens if our save-the-earth renewable electric grid falls apart in the dead of winter in sub-zero temperatures?  Will the EPA let you burn your furniture to stay alive?

Time to stop accepting this non sense wishful thinking propaganda and start thinking.


Written by

Ziad K. Abdelnour, Wall Street financier, trader and author is President & CEO of Blackhawk Partners, Inc., a private family office that backs accomplished operating executives in growing their businesses both organically and through acquisitions and trades physical commodities – mostly oil derivatives – throughout the world.