The political class obsession in the wealthy countries to lower emissions with subsidizing expensive and utterly unreliable breezes and sunshine to generate electricity, and divesting in fossil fuels, have already put the cost of electrical power and fuel out of the reach of the poorest in the developed first world countries.
The healthy and wealthy countries of the United States of America, Germany, the UK, and Australia representing 6 percent of the world’s population (505 million vs 7.8 billion) could literally shut down, and cease to exist, and the opposite of what you have been told and believe will take place. Emissions will be exploding from those poorer developing countries.
Simply put, in these healthy and wealthy countries, every person, animal, or anything that causes emissions to harmfully rise could vanish off the face of the earth; or even die off, and global emissions will still explode in the coming years and decades ahead over the population and economic growth of China, India, Indonesia, Japan, Vietnam, and Africa.
Richer countries now have higher gasoline prices, while poorer countries and countries that produce and export oil have lower cost for fuels. A review of global petroleum gasoline prices per gallon in U.S. dollars shows the international intelligence and trends of gasoline prices of the wealthy countries that have opted to go “green” at any cost, compared with poorer countries and countries that produce and export oil.
A sampling of richer countries that have higher prices for gasoline per gallon that have gone “green” and import crude oil to meet the demands of their country:
- UK $8.78 per gallon
- Germany 7.27
- Australia 5.48
- USA 5.01
While gasoline nationwide is at or near all-time highs, California gasoline prices tends to be more than a dollar higher than the USA national average due to excessive State taxes and costly environmental compliance programs, which are dumped onto the posted pricing at the pumps.
When we look outside the few wealthy countries, we see that at least 80 percent of humanity, or more than six billion in this world are living on less than $10 a day, and billions living with little to no access to electricity, politicians are pursuing the most expensive ways to generate intermittent electricity. Energy poverty is among the most crippling but least talked-about crises of the 21st century. We should not take energy for granted. Expensive electricity and fuels are being borne by those that can least afford living in “energy poverty.”
Read the rest of this piece at CFACT.org.
Ron Stein is an engineer who, drawing upon 25 years of project management and business development experience, launched PTS Advance in 1995. He is an author, engineer, and energy expert who writes frequently on issues of energy and economics.
Photo: Courtesy CFACT.
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