Daily Caller Piece: Saying The Quiet Part About This Utopian Green Energy Transition Out Loud
One of the ongoing tensions embedded throughout the years of efforts by mainly Western governments to subsidize their desired energy transition into existence has been the tension between these desires of the ruling class versus the demands of the global energy market.
Past efforts by governments in the west or any other part of the world to intercede into energy markets to produce desired outcomes have pretty much always resulted in epic failures and energy crises, and the prospects for this current multi-trillion-dollar charade do not appear to be shaping up any differently. (RELATED: Leaked Docs Show Arab Petrostate Wanted To Use Climate Summit To Strike Fossil Fuel Deals)
This reality set the writer of a special preview of Fortune’s CEO Weekly Europe Newsletter off on a bit of a rant this week, one that left him admittedly “wistful for the bygone era of state-owned energy companies.” The central conundrum at hand is that the biggest oil companies in Europe do not appear to be conforming their business priorities with the stated policy positions of the central planners at the European Union and of various European governments.