Monday, May 6, 2024

"All of the Above" Green Growth

This is how a worker on an off-shore oil platform justifies his labor: "There is a sense of pride among those aboard, though they recognize that many people think their industry is destroying the planet." We hve to "move this dialogue that seems to fixate on ‘Is it oil and gas, or is it solar and wind?’ It’s all, and we need them in abundance.” Biden has nominated James Clyburn, Dem Senator from S.Carolina, for the Presidential Honor Medal. Clyburn made sure Bernie didn't get the Black vote so here's your medal. Bernie proposed spending the necessary trillions to de-carbonize the economy. Biden gave capitalists "incentives" to find technological "solutions" while continuing to drill baby drill. The Trans-Canada pipeline carrying tar sands bitumen to the coast of B.C. is now in operation. The GasLink pipeline carrying gas through the Wet'su wetn territory has been full since 2022. U.S. export of liquified natural gas is at an all-time high and oil production is setting new records. So I guess that's what they mean by "all of the above". On the "green" side of the ledger we see solar and wind lagging behind the increase3d demand caused by data centers and bitcoin mining. There is a big push to "streamline" the regulatory process for siting new "green" infrastructure and real mining for the minerals needed for green growth. Local communities all want this development to happen somewhere else. Preferably overseas. The optimists tell us technology will come through in the nick of time, the price of everything will come down and our future looks bright. Call me sceptical.

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