Skip to content

Surprise! Green Transition Has Increased Dependence on Coal

Energy prices keep rising due to artificial shortages created by CO2 price increases and financial speculation. At the same time, so-called “renewables” are making Europe more dependent on... coal!

Natural gas future contracts keep rising with the October gas price at the Dutch TTF hub, a European benchmark, climbing to a record high of €79/MWh ($93.31) on Sept. 15. The contract has risen more than 250% since January, according to Reuters, while benchmark power contracts in France and Germany have both doubled.

(Good news for climate zombies, who don’t care about family energy bills and rejoice because this makes “Green Hydrogen” competitive.)

This post is for paying subscribers only

Subscribe

Already have an account? Sign In