Elon Musk Calls For More Fossil Fuels And Nuclear Power To Avert Energy Crisis
Tesla founder and CEO Elon Musk told European energy leaders that the world needs more oil, natural gas and nuclear power to end its energy crisis during a conference in Norway, according to The Wall Street Journal.
Musk, who runs a company that manufactures electric vehicles, said that the world should make use of fossil fuels and nuclear power while it undergoes its renewable energy transition during a conference with oil executives, government officials and energy analysts, reported the WSJ. Musk’s promotion of oil, gas and nuclear energy comes amid Europe’s energy crisis which is driving electricity prices to record highs ahead of winter.
“I think we actually need more oil and gas, not less, but simultaneously moving as fast as we can to a sustainable energy economy,” Musk stated. “I’m also pronuclear,” he added.
Countries across the European Union are being crippled by skyrocketing electricity prices after benchmark natural gas prices soared to more than €343 per megawatt hour on Friday as the continent scrambles to stockpile supplies ahead of the winter months, according to the Financial Times. Friday’s recorded prices were more than 30 times higher than benchmark prices two years ago and more than 10 times their current level in the U.S.
The European Union nations such as Germany are undergoing a transition to reach net-zero emissions by 2050 while also opposing nuclear power. Germany, Europe’s largest energy consumer, indicated on Aug. 22 that it would shut down its three remaining nuclear plants at the end of this year despite its surging energy prices and fears of winter shortages.
“I know this may be an unpopular view in some quarters,” Musk said of his support for nuclear power. “But I think if you have a well-designed nuclear power plant, you should not shut it down, especially right now.”
Germany is turning off the lights in public areas and urging its citizens to take cold showers, according to CNN. Meanwhile, French President Emmanuel Macron warned that the French people could face an “end of the abundance” due to crippling energy prices and rampant inflation.
The Tesla founder also said that developing battery-storage technology is crucial to the long-term success of investments in solar, wind and geothermal power.
Tesla did not immediately respond to the Daily Caller News Foundation’s request for comment.
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Biden’s energy secretary, Jennifer Grandhom just declared “Green Energy” is the best peace plan the world has ever known.
Here’s the truth about Green Energy and its impact on world peace. We just saw the country with the highest ESG score in the world (Sri Lanka) collapse and see the same massive social unrest happening in the Netherlands. The dictator (Prime Minister) of Canada is implementing fertilizer restrictions and extreme environmental policies there as well. Europe has been shutting down their coal fired and nuclear plants for 20 years and anyone who can “connect the dots” can see how that is largely responsible for the Ukraine war and the coming world wide recession.
After decades of shutting down their nuclear and coal fired plants Germany (and most of Europe) gets at least 40% of its gas and oil from Russia and can’t survive without it. Russia used pipelines through Ukraine to supply Germany (and all of Europe) with Russian gas and oil. It was problematic for Putin because he had to pay huge tariffs to Ukraine and more problematic as the U.S. kept pushing Ukraine to join NATO; a “red line” for Putin as it could have threatened the oil supply line and Russia’s main source of revenue. So, as a backup, he built Nord Stream 2 which runs directly to Germany from Russia. Trump opposed it and Biden approved it. Trump even warned Germany about their dependence on Russian oil and they ignored him. Putin “owned” Europe with its gas and oil dependence, he saw Biden’s debacle in Afghanistan, witnessed his foreign and domestic policy ineptness and fecklessness; so it’s really no surprise he decided to attack.
So while Biden says his sanctions will bankrupt Putin, the truth is that Germany and all of Europe are still buying Russian gas and oil, the Russian ruble is rising, the dollar is crashing and Putin (with Biden’s help) has castrated NATO. Gas prices and inflation will continue to rise and because of the lack of Russian fertilizer and Russian grain, worldwide food shortages are likely. There is also a new refugee crisis in Europe, hundreds of thousands will die, western economies are crashing and we are in a proxy war with Russia that we didn’t vote on, can’t afford, and can’t win. And Biden wants to send money to Ukraine endlessly and the Democrats just passed a 730 billion dollar bill to impose Europe’s proven energy disaster here.
Had enough yet, America?