Open thread – Developing with that?
Vermont’s Dem/Progs can’t seem to see the woods.
They will impose MAJOR additional RECOOLING COSTS on Vermonters who have dreaded looking forward to a SOLID FUTURE with:
The inflation rate increased,
interest rates rise,
Energy prices rise,
Food prices increase,
Increased shipping costs,
Increase the price of materials, such as lithium, cobalt, titanium, aluminum, copper, fertilizer.
Increased supply chain disruption
Most of this is because the United States, the world’s largest economy, is completely mismanaged by priming, deficit spending, and the printing of dollars (to cover the deficit) by industrialists. Dem/Prog surplus, who, after Coup d’Etat 2020, have been very busy:
1) Imposing their sanity, their harm on others, including our preschoolers and K-12 kids, with broken textbooks and CRT programs, etc.
2) Administer their disastrous, very expensive, ridiculous “open borders policy”.
As a result, the price of wind, solar and battery power systems has become about 25% higher in 2022 than in 2020, which means:
1) Net-Zero (whatever that means), on any given day, will be much more expensive to achieve
2) Electricity used by heat pumps and electric vehicles will be much more expensive in the future; in Munich, Germany, the price to charge an electric vehicle has increased by 80%!!
Read this article to get up to speed.
BATTERY SYSTEM CAPITAL COSTS, OPERATION COSTS, ENERGY LOSS AND Aging
https://www.windtaskforce.org/profiles/blogs/battery-system-capital…
U.S. natural gas prices rose to their highest levels since the 2008 financial crisis, as strong demand for LNG from buyers in Europe and Asia put pressure on inventories.
Futures trading, for gas delivered to Henry Hub, in Louisiana, is at close to $9/million Btu, up from more than $3 at the same time in 2021 and under $3 in 2019.
This is because Biden’s handlers ship OUR liquid natural gas, LNG, (and crude oil) to Europe for a HUGE profit, but that increases the price of many products in the US.
In Europe, the LNG price is $30/million Btu, which is the same as in Asia. View images and URLs
Prices are expected to move much higher after the EU foolishly imposed an oil and gas extraction ban on Russia
PENALTY ANYONE?
Russian ruble higher than last 4 years.