The foreseeable future in the US belongs to hydrocarbons aka fossil fuels.

Of course if you want power that is less reliable and more expensive, take the Australian road. Courtesy of Jo Nova these are the numbers crunched by the American Energy Information Agency (EIA).

According to their best estimates (and even their “worst” estimates) thirty years from now, the main energy source for the US is natural gas and fossil fuels. Renewables grow from 5% to 14%, but coal, nukes, hydro stays about the same.

UPDATE. HOW ENERGY IS BECOMING A LUXURY GOOD IN GERMANY h/t Mark A and RobK on the pumped hydro thread.

Consumer advocates and aid organizations say the breaking point has already been reached. Today, more than 300,000 households a year are seeing their power shut off because of unpaid bills. Caritas and other charity groups call it “energy poverty.”

Lawmakers, on the other hand, have largely ignored the phenomenon. In the concluding legislative period, the government and opposition argued passionately over a €5 increase in payments to the long-term unemployed. But no one paid much attention to the fact that those welfare recipients would subsequently see the extra €5 wiped out by higher electricity bills.

It is only gradually becoming apparent how the renewable energy subsidies redistribute money from the poor to the more affluent, like when someone living in small rental apartment subsidizes a homeowner’s roof-mounted solar panels through his electricity bill. The SPD, which sees itself as the party of the working class, long ignored this regressive aspect of the system. The Greens, the party of higher earners, continue to do so.

UPDATE WED 14. Chris in comments suggests that the term fossil fuels is a lefties scary label and we might be better and closer to reality with hydrocarbons.

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19 Responses to The foreseeable future in the US belongs to hydrocarbons aka fossil fuels.

  1. RobK

    Eventually all the forms of energy will compete more evenly. The economy of those jurisdictions pushing subsidies will ultimately fail. Choose your future.

  2. Boris

    That is more or less right. But the mix might be slightly different in australia as we have more sunshine per person cheaper coal and more expensive oil than the US.

  3. Rafe Champion

    Liberty Quote
    The propensity to blame skeptics and fossil fuel companies for the serial political failures of the environmental movement should be understood as a tribal defense of the collective green ego, not the logical conclusion of a dispassionate analysis.

    — Ted Nordhaus and Michael Shellenberger

  4. Nerblnob

    Rafe Champion
    #2635621, posted on February 13, 2018 at 1:09 am
    Liberty Quote
    The propensity to blame skeptics and fossil fuel companies for the serial political failures of the environmental movement should be understood as a tribal defense of the collective green ego, not the logical conclusion of a dispassionate analysis.

    — Ted Nordhaus and Michael Shellenberger

    Well exactly.

    That is where all the nonsense about “fossil fuel subsidies” comes from.

    Rather than admit and defend the fact that solar and windpower can’t stand on its own – after forty years of subsidies, it’s only getting worse – they go on the attack alleging that fossil fuel companies get subsidies.

    Since there are virtually no such subsidies, they roll in any tax breaks, diesel rebates and consumer subsidies.

    Even then, they fail to take into account the massive royalties, payroll taxes, company taxes, “windfall taxes” etc that coal, oil & gas companies pay.

    Not to mention all the expensive staff they have to employ merely to deal with the hostile regulatory and environmental requirements.

  5. Until the issue comes up in the next legislative period, Environment Minister Altmaier prefers to send consumers on their way with some money-saving tips: “When I cook, I try to keep the lid on the pot.”

    When it comes to that sacred cow of renewable energy, the lid is firmly planted to prevent information and facts escaping.

  6. struth

    One country is being reamed by the U.N. , and now, one country is not.
    Until we are out of the control of the global socialists, no amount of talking about reason, or what is happening at the local level, who says what, and how well propaganda and lies are fought with logic, matters.

  7. iain russell

    ‘…it is only gradually becoming apparent’, WTF?! It was apparent from the get-go, but the soy latte sippers don’t care as they are doubly on the Gumment drip.

  8. Craig

    Paying 900 bucks a qtr so I can subsidise my friends solar panels and his 66 cent/kwh rebate. Does he care? No chance!

  9. mc

    Watched “Occupied” series on the weekend (h/t Diplomad 2.0), Green govt in Norway shuts down gas and oil production in favour of green energy so EU arranges Russia to occupy Norway and get gas and oil flowing again. Not sure what the message was meant to be but the take home message was green fantasies have consequences and unless you are prepared to fight and lose lives you are just a spectator to your fate.

  10. egg_

    renewable energy subsidies redistribute money from the poor to the more affluent.. The SPD, which sees itself as the party of the working class, long ignored this regressive aspect of the system. The Greens, the party of higher earners, continue to do so.

    The Batman Greens candidate is an MD, non?

  11. The Greens, the party of higher earners, continue to do so.

    The Greens have always been the party for the ‘effluent’ of society, amongst other things.

  12. JC

    Interesting prediction from the Goldman Sachs analyst that US oil production will get to around 11 million barrels per day, which is yuge.

  13. max

    green commie idiot:

    Jeremy Corbyn will nationalise all of Britain’s energy companies in order to avoid the “climate catastrophe” threatened by global warming

    This is Google’s cache of http://uk.businessinsider.com/jeremy-corbyn-nationalise-britain-energy-companies-climate-change-2018-2. It is a snapshot of the page as it appeared on 11 Feb 2018 04:02:20 GMT

  14. MPH

    I’ve said it before, as soon as the green card system becomes merit based, I’m applying. The USA is the last rational country in the world.

  15. Roger

    The Batman Greens candidate is an MD, non?

    Married to one.

    Social worker herself.

  16. bollux

    Are there any Greens anywhere that aren’t on the government tit?

  17. Mr Black

    Since when have socialists cared about the people they pretend to speak for? Millions could freeze in their homes and the socialists would label them wreckers and saboteurs.

  18. Chris M

    I wonder why you continue to us the leftist term ‘fossil fuels’ when we know they aren’t. Hydrocarbons would be one alternative.

  19. classical_hero

    I’ve heard that just around the corner that renewable energy will be competitive against fossil fuels. I’ve heard it for much of my life yet we still have not seen that happen. Could the reality be that it’s never going to be competitive? It seems like the greens live by faith.

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