Europe is making coal great again
Tom KirkmanIndependent Project Manager
Europe is Making Coal Great Again.
Despite any pointlessly pontificating blatherings emanating from energy-clueless politicians and media talking heads.
“Unintended Consequences” of energy virtue signaling.
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“… Europe has been building wind and solar capacity like mad for about 20 years but when forced to rely on them it couldn’t, because, shockingly, they turned out to be unreliable.
Yet the official version we get on this is that there is simply not enough wind and solar to be reliable in times of crisis, which current times clearly are.
Yet while we wait for net zero we still need energy to, you know, survive to watch the net-zero effort, and it appears that
● the choice at the moment is zero energy or fossil fuel energy.
… Poor economic growth normally means poor purchasing power and poor purchasing power means looking for bargains.
Coal is a bargain right now, because even when prices spiked earlier this year, it was still less expensive than LNG. With higher production, it will become even more of a bargain.
… Europe’s pockets may be deep but they are not bottomless and there’s all those billions to spend on energy aid, bailouts of utilities, and, of course, the transition from coal to wind and solar, and possibly some nuclear.
● Europe, the biggest coal opponent in the world will likely continue driving coal demand for years to come.”