Globalist Elites Are Getting Battered In Their War On Fossil Fuels

It is rapidly starting to feel like our globalist elites might find it useful to plan a funeral for their dream of a forced, heavily-subsidized “energy transition” from fossil fuels to their preferred rent-seeking clients in the wind, solar and electric vehicle (EV) industries.

As nations the world over become increasingly overwhelmed with mountains of unsustainable debt, the signs of a looming transition trainwreck are swirling all around us. (RELATED: DAVID BLACKMON: The Biden Admin And Its Buddies Are Waging Foolish War Against Abundant Clean Energy)

The wind industry is approaching collapse as big developers like Orsted, BP and Equinor cancel or delay offshore projects, taking massive write-downs in the process. Delivery contracts negotiated just a few years ago are cancelled as a matter of course now, with demands for much higher renegotiated rates that will drive up already outrageous utility bills to new levels, even as wind industry propagandists continue parroting their false notion that wind is somehow a cheap energy source.

Obviously, it isn’t cheap at all, which helps explain why USA Today reported recently that fully 15% of U.S. county governments have moved to ban wind, solar, or both forms of development in their jurisdictions. USA Today further notes that the percentage of counties now blocking solar development are roughly equal to the percentage allowing it to happen.