GulfSlope Energy Inc (GSPE)

[smith199]

Joe’s Information on Energy for the USA has stayed on my mind after spending all those hours trying to ascertain exactly what was being proposed in the latest EIA report.

I was particularly surprised by the report’s emphasis and reliance on those ‘anticipated future developments’, none of which currently exist.

I was shocked that our government, a major part of our government, the leadership of our government, is willing to go forward and bet the futures of All the Citizens in this Country on the “hope” that the “change” all works out.

The report did not address the risks of failure, what the failure would look like, the consequences of failure, or how to mitigate the failure. A wishful thinking case of out of sight, out of mind?

Typical of the unaccountable in the bubble, especially since they appear to not be concerned about any consequences, as they expect to be insulated from the turmoil of the aftermath.

What happens if the giant batteries that do not currently exist for storing the excess solar electricity generated are never perfected? Or they turn out to be Unaffordable? Unreliable? Unsafe? All of the above? I think I require more objective reassurances that we are on the best path.

Is there a Plan B? I would like to know the economics of it all and study the risk matrix. How about you? Interested?

Want a hint? Look at what is happening now in the energy failure of South Africa. There was a time this country was in parity with other prospering countries.

Then their leaders chose renewables for electricity rather than to update the aging coal fired generating plants. This appears to be a common denominator in the failures of many countries.

The USA should probably take a hard look at this since they want to follow that same model.

The voters too.

Looking at it as objectively as possible, I suspect the judgment of those in the ‘Joe’ administration is clouded to a great degree by their desire to quickly implement as much of their progressive agenda as possible. This should not be the top priority of governing…. Perhaps a good thing for progressives, but not a good thing for the country.

I would not be so uneasy if I had any confidence in their ‘crisis management’ skills. But there is no reason to believe the expertise for any of that is available to them.

Indeed, I suspect that when things heat up, the plan is for them to just resign, and head home.

That could be the best outcome for everyone.



Mrs. Smith

https://hotair.com/jazz-shaw/2023/03/25/the-african-power-grid-collapse-is-spreading-n539215