Green energy is a competitor to the oil industry, and by extension Gulfslope. So a discussion on green energy science-fiction meeting real energy common sense seems like it is worth our time.
The advice I offer progressives when it comes to things like a ‘hydrogen hub’, is to get the infrastructure support in place first.
Look at EVs as an example. Pushed on us by a progressive government, EVs turned out to be premature. First, they are not competitive in the marketplace. If you bought one you know what I mean. Even with the subsidies, they are too expensive. This is the first detriment towards EV ownership.
Next, once you buy one, everything is great until it is time to charge the battery. Does your parking garage at your job have charging facilities? If not and they install them, can you still afford to park there?
Same with parking at an apartment. Where to charge one of these? Lacking the ability to charge at home, who watches your children while you wait in line for hours at a charging facility miles away? I suppose you could take the kids with you.
If you move what will that cost? And will you have the same issues? If you own your home, is there infrastructure capacity to provide the power to charge the EV? What about if all your neighbors buy EVs too? So what if you no longer buy gasoline, all evidence points to you not saving any money by owning an EV. The second level of detriment.
Finally, how much of a financial hardship will be incurred if you buy one of these? They are way more expensive than an equivalent gasoline powered car. Will there be any equity once the loan is paid? What will be the resale value of a 6-yr old EV? When the battery needs replaced, will you be able to afford to replace it? Will there even be a replacement available? Or will you need to pay someone to haul it away to be recycled?
So once it is paid for, the fact is that the EV’s value could only be the salvage value. Looks like a giant pit to try and fill up with money. The pertinent question and final detriment to owning an EV seems to be ‘how does one benefit from the purchase of an EV’?
And the same can be said about hydrogen hubs.
If you are a company CEO thinking about investing in this, ask the CEO of Ford how many billions of dollars was lost on EVs.
If you are a shareholder in a company investing in hydrogen hubs, ask Ford investors how that company’s stock responded to these losses.
If you are a progressive politician, ask your constituents if they will vote for you again….
Is this just part of a plan to tear down the economy and our country so Joe can “Build Back Better” (his campaign slogan)? The question now is ‘who benefits if we build back better’? Certainly none of us. We will only get to pay for it.
With it getting nearer the time for the little goblins to appear I must wrap it up. So, I wish you all a very Happy Halloween.
Mrs. Smith
