14-04 The Plain Truth in Green Energy: All Things Green Go Red

14-04 The Plain Truth in Green Energy: All Things Green Go Red

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Show 14-04 Summary: Frank Lasee, the president of Truth in Energy and Climate rejoins us to dig a little deeper into hydrogen (and, in particular, so-called “green hydrogen.” EVs are failing in the marketplace and their sales are tanking. We talk about the truth in green energy — that it wouldn’t exist without massive government bailouts, subsidies, and free cash. And we talk about the rise of the hydrogen-based economy. Get ready for it. Maybe because the public has started to catch on to the green funding scam.

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Original Air Dates: January 27thg & 28th, 2024 | Guest: Frank Lasee

This Week – Truth in Green Energy

We welcome back Frank Lasee—a former Wisconsin state senator, senior policy analyst, and president of Truth in Energy and Climate—to talk about the truth in green energy. And, like so much about “green” it’s all red at its heart. As Frank calls it, it’s “soft socialism.” It would not exist in the marketplace without huge amounts of free taxpayer cash.

Remember how Leftists shrieked about bailouts for the “too big to fail” banks? Funny how they’re completely silent now about bailouts and subsidies for everything “green,” isn’t it. Probably because the Left gets massive amount of funding for its political allies. At the taxpayers’ expense.

Our guest’s website is TruthInEnergyAndClimate.com. Great articles and information. And sign up for their newsletter!

This week, it’s all about truth in green energy. Or rather the lack of it. With other green renewable sources on the decline (especially wind), the newest fad in “green” energy is hydrogen.By the way. Green renewable energy is not green. And it’s not renewable. For every one ton of rare earth mined and refined, 2,000 tons of toxic waste is generated. And much of it radioactive waste. And it’s not renewable either. Unless you’re referring to ongoing taxpayer subsidies to keep them going.

Hydrogen. The New Green Energy Fad?

There have been some new breakthroughs, allegedly, in hydrogen. In particular, with using hydrogen as an energy storage medium. Just how real are these breakthroughs? And are they the bridge to a hydrogen-based economy?

Wait, what happened to the EVs? Weren’t they going to save us? Well, it turns out that EVs are quickly losing any momentum and their sales here and in even in green-mania Europe, sales of EVs are tanking. Perhaps it’s because as more people bought them, they realized how inconvenient they are. Or maybe it was the cold snap these last two weeks. Where thousands of EVs had to be towed. Not because they slid off icy roads or crashed. They simply ran out of charge. Or maybe it was because their owners couldn’t run the heater for fear it would drain the battery and they wouldn’t make it home.

Be aware. Hydrogen may be the next green energy scam. Tune in and you’ll hear just how out of touch the Biden administration is. And environmentalists with their convoluted, damn the taxpayers, means to go green on hydrogen.

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Research, Links Mentioned & Additional Info

Articles/Info Mentioned During the Show

  • Frank Lasee’s website is TruthInEnergyAndClimate.com. Be sure to check out this website for great articles and information.
  • Government “accounting” vs GAAP. Article:”Modified Accrual Accounting: Definition and How It Works” (via Investopedia.com, June 4, 2023)
    • Public companies cannot use this accounting method for financial statements, but it is widely accepted for use by government agencies.
    • Public companies cannot use modified accrual accounting because it does not comply with International Financial Reporting Standards (IFRS) or the generally accepted accounting principles (GAAP).
  • New Discovery Overcomes Major Hurdle in Hydrogen Energy Economy (Oil Price, Jan 6, 2024)
    • “The new material, a lanthanum hydride compound modified with strontium and oxygen, allows high-rate conduction of hydride ions at room temperature.”
    • Whoops. Then along came winter → “Not quite noted above is that today’s designs need an above freezing environment. All the time, not just when running. For much of the time and much of the world that is killer. Moreover a freeze would destroy a fuel cell, thus even a rare freeze zone would entail considerable risk. The team hasn’t said anything specific yet. But this is promising.”
  • Hydrogen near tipping point to accelerate decarbonization (Techxplore, Nov 15, 2023)
    • THIS → “The U.S. Department of Energy also articulated the prominent Hydrogen Shot initiative in 2021. According to this initiative, the cost of producing clean hydrogen is to come down to $1.0/kg by the year 2030.” But does that $1/kg include the billions of dollars in subsidies to get there? What’s the real cost?
  • How About A Pilot Project To Demonstrate The Feasibility Of Fully Wind/Solar/Battery Electricity Generation? (Truth in Energy and Climate, Jan 25, 2022)

Info about Hydrogen and “Green Hydrogen”

Oregon’s Green Hydrogen Scheme

  • Pacific NW wins $1 billion from feds for ‘Clean Hydrogen Hub.’ Now what? (News from the States, Oct 13, 2023).
    • The hydrogen lobby duped Congress into $9.5 billion for hydrogen hubs and $100s of billions more for subsidies to make it. These hydrogen jobs will last only as long as the subsidies do.
  • Court case on fate of Snake River dams, imperiled salmon postponed (Oregon Capital Chronicle, Oct 31, 2023)
  • Officials tell public newly approved Northwest hydrogen hub will produce jobs, economic benefits (Oregon Capital Chronicle, Oct 31, 2023)
  • Frank Lasse article: “The Expensive Impossibility of Green Hydrogen From Part-Time Wind and Solar” (Truth in Energy & Climate, October 25, 2023)
  • “The fact that the world is desperately short of lithium and cobalt for electric vehicle batteries, at the scale they want to force, is dawning on them”
  • “Wind and solar produce little or no energy 70% of the time.”
    Frank Lasee: Joe Biden’s Hydrogen Slush Fund Means More Dollars Wasted On The Green Energy Boondoggle (ShoreNews Network, Feb 26, 2023)

EVs and the EV Market

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