Tag: energy

Blackouts This Summer: 1 Billion At Risk

Mac Slavo – May 25, 2022

The ruling classes of the globe are continuing to warn that the power grids all across the globe will be stretched thin this coming summer. There will not be electricity worldwide to meet the soaring demand for more energy, which is threatening more than one billion people with rolling blackouts.

Power grids are already being stretched thin by fuel shortages, droughts and heatwaves, commodity disruptions, soaring prices due to the war in Ukraine, and the failed green energy transition where grid operators retired too many fossil fuel generation plants. Combine this all together, and a perfect storm of blackouts threatens much of the Northern Hemisphere, according to a report by ZeroHedge.

This power crisis, which is going to be affecting much of the world’s top economies, could be less than a month away when summer begins on June 21. Regions that concerned Bloomberg are Asia, Europe, and the US, where there’s not enough power to go around when cooling demand is set to surge as households crank up their air conditions to escape the sweltering heat.

The warnings of blackouts continue as people begin to get ready for their summer in the Northern Hemisphere. Henning Gloystein, an analyst at Eurasia Group, warns if major blackouts spread across the world this summer, “that could trigger some form of humanitarian crisis in terms of food and energy shortages on a scale not seen in decades.”

Since we have already been experiencing food shortages, it is hard to say what we could experience next.

https://www.shtfplan.com

The CEO Of Blackstone Is Warning That “A Real Shortage Of Energy” Will Cause Social Unrest All Over The Planet

– October 26, 2021

We are facing an unprecedented global energy crunch.  Demand for energy is continually rising, and the production of energy is not keeping pace.  One of the biggest reasons for this is that large financial institutions have become extremely hesitant to fund any new energy projects that will add more carbon emissions to the environment.  Instead, they want to fund projects that will help us transition to the new “green economy”, but meanwhile we are getting to a point where we will soon see widespread shortages of traditional forms of energy.  So now we all get to suffer.  A lack of oil is pushing the price of gasoline to alarming heights, shortages of natural gas are already causing tremendous disruptions in Asia and Europe, we are being told that we are facing a propane “armageddon” this winter, and supplies of coal have dropped to dangerously low levels around the world.

In other words, we are potentially heading into the most painful global energy crisis in modern history.

When CNN asked Blackstone CEO Stephen Schwarzman about this, he openly admitted that we are “going to end up with a real shortage of energy”…

Blackstone CEO Stephen Schwarzman warned Tuesday that high energy prices will likely set off social unrest around the world.

“We’re going to end up with a real shortage of energy. And when you have a shortage, it’s going to cost more. And it’s probably going to cost a lot more,” the private-equity billionaire told CNN International’s Richard Quest at a conference in Saudi Arabia.

When the power goes out, people are not going to be happy.

And people are really not going to be happy if it goes out for an extended period of time.

http://theeconomiccollapseblog.com

The Temporary Collapse Of Texas Is Foreshadowing The Total Collapse Of The United States

– February 18, 2021

We are getting a very short preview of what will eventually happen to the United States as a whole.  America’s infrastructure is aging and crumbling.  Our power grids were never intended to support so many people, our water systems are a complete joke, and it has become utterly apparent that we would be completely lost if a major long-term national emergency ever struck.  Texas has immense wealth and vast energy resources, but now it is being called a “failed state”.  If it can’t even handle a few days of cold weather, what is the rest of America going to look like when things really start to get chaotic in this country?

At this point, it has become clear that the power grid in Texas is in far worse shape than anyone ever imagined.  When extremely cold weather hit the state, demand for energy surged dramatically.  At the same time, about half of the wind turbines that Texas relies upon froze, and the rest of the system simply could not handle the massive increase in demand.

Millions of Texans were without power for days, and hundreds of thousands are still without power as I write this article.

And now we are learning that Texas was literally just moments away from “a catastrophic failure” that could have resulted in blackouts “for months”…

Texas’ power grid was “seconds and minutes” away from a catastrophic failure that could have left Texans in the dark for months, officials with the entity that operates the grid said Thursday.

As millions of customers throughout the state begin to have power restored after days of massive blackouts, officials with the Electric Reliability Council of Texas, or ERCOT, which operates the power grid that covers most of the state, said Texas was dangerously close to a worst-case scenario: uncontrolled blackouts across the state.

I can’t even imagine how nightmarish things would have eventually gotten in Texas if there had actually been blackouts for months.

http://theeconomiccollapseblog.com