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The high interest rates are destroying the green new deal, companies are imploding. Electric battery factory is using some energy they need the coal fire plants. New study shows the net zero plan will not work. Credit card losses are on the rise and commercial real estate loses are on the rise. Thomas Jefferson said banking establishments are more dangerous than standing armies. Everything is about to change. The [DS] is pushing everything they have at Trump, the Judge in the NY case has gagged him. The people see what is happening and the people see the truth. More and more people will side with Trump, the [DS] is campaigning for Trump. Trump continually says that this is the final battle, the people must see it all play out and they must make the final decision, 2024 is going to get very bumpy.

 

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Economy

Green Energy Stocks Rocked by High Interest Rates






The S&P Global Clean Energy Index, which comprises 100 of the biggest companies in green energy, has dropped over 20 percent in the last two months, Financial Times reported Monday. In contrast, the oil and gas-rich S&P 500 Energy Index has grown by six percent.
 
The drop in the green energy sector continues despite tens of billions of dollars of tax credits, loans, and subsidies. According to Financial Times:

The renewable sector has been particularly vulnerable to rising interest rates because many companies agree long-term contracts, fixing the price at which they will sell energy, before developing their projects.

As global inflation has surged, green energy companies have been hit by a huge rise in costs, exacerbated by growing demand for renewable projects, while elevated rates have made their high levels of borrowing more expensive to service.



Source: breitbart.com


New Electric Vehicle Battery Factory in Kansas is Demanding So Much Energy that State Needs to Keep Coal Plant Open Just to Power It





A new electric vehicle battery factory in Kansas is demanding so much energy that the state needs to keep a coal plant open just to power it!
Japanese company Panasonic is set to receive $6.8 billion from Biden’s so-called ‘Inflation Reduction Act’ to help put more electric vehicles on the road that nobody wants.


The Cowboy State Daily reported:

 

The Kansas City Star reports that the factory will require between 200 and 250 megawatts of electricity to operate. That’s roughly the amount of power needed for a small city.

 As a result, the utility will continue to burn coal at a power plant near Lawrence, Kansas, and it will delay plants to transition units at the plant to natural gas.

 

The Biden Regime is FORCING electric vehicles on the American people and China controls the critical minerals needed for the car batteries.







Ford Motors has poured billions of dollars into producing electric vehicles as the Biden Regime wages war on gas-powered vehicles.
The electric vehicles have proven to be a money pit for Ford.
The Biden Regime is FORCING electric vehicles on the American people and China controls the critical minerals needed for the car batteries.









source: thegatewaypundit.com





A new study zaps Biden’s plan to transform the electrical grid






The new onshore and offshore wind and solar installations will be much farther from customers, will thus require tens of thousands of miles of new interconnected transmission lines, in addition to numerous transformers,