Having invested so much in renewables, the German government and Greens apparently are having great difficulties in coming to terms with the recently discovered huge reserves of cheap shale gas worldwide. This source of energy is not only affordable for consumers, but it is relatively environmentally friendly as well. But exploiting the gas would require governments and believers to abandon a big part of the green religion, i.e. renewables.
What do people do when they get so deep into an investment, and have worked so hard to convince everyone it is the right and moral thing to do, and then find out that there’s suddenly a much better and cheaper way? Do they simply abandon the entire endeavour? If the endeavour has become a religion and the meaning of life for them, the answer is no. They continue on a path to self-destruction.
That may indeed be the case for Europe and the Green Movement, who are now so deep into renewable energy that they may have gone beyond a psychological and emotional point of no return, a tipping point, and so they will refuse to abandon it no matter the cost. That could mean that the cheap and plentiful gas beneath our feet will simply be kept there, and we will be forced to continue paying exorbitant prices for an unreliable energy source and endure lots of pain.
Technically and economically, the recent discoveries of these huge deposits of natural shale gas in Europe make all the renewable energy pain completely unnecessary in the future. That ought to be good news, and governments ought to be breathing sighs of relief. But it isn’t so. Many European governments are not about to let anything disrupt their romantic visions of a future of renewables and the Truth.
Remember they are enlightened and infallible. So forget the drilling permits.
Michael Miersch and Dirk Maxiener at the online DIE WELT explain how the discoveries of shale natural gas have rendered renewable energies a complete flop. In a piece called Our Energy Dreamers Are Burning Money Instead Of Gas, they write:
Everywhere globally, huge reserves of natural gas have been discovered, from Israel to Qatar, from South Africa to Ukraine or Poland. The discoveries exceeded all expectations. The USA has found so much gas that it can become completely independent of imports. At current levels of consumption, there are enough for 100 years. And also Europe has gas for at least another 50 years – whereby the second biggest reserve is in North Rhine Westphalia.
Anyone in good psychological health would welcome such a blessing. But it seems we are living in times of increasing power madness. For example Maxiener and Miersch comment on the International Energy Agency’s (IEA), reaction:
But instead of expressing delight over the gas reserves, many of the archictects of our energy future are in a state of shock.
Equally shocked are the German energy dreamers with their solar cells because natural gas is relatively environmentally friendly and far more affordable than the option of Green-romantic alternatives.
So instead of burning the gas, the government will ask its citizens to burn their money to stay warm.