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Los Angeles, CA This series features Alex Alexiev who reveals the Real Energy Revolution and new technology that shows promise to reduce the cost of oil and gas in the United States and will allow the U. S. to become independent from foreign oil in the near future. He compares the limitations of so called “Renewable Energy” programs that were developed out of desire to eliminate global warming by controlling green house gases. He compares conventional energy to renewable energy and the the practicality of both. This is part 1 of a three part series consisting of nine video segments of approximately 8-10 minutes each. Alexiev is an international scholar who who for many years was affiliated with the Rand Corporation as a foremost researcher and author on international security issues. He is now affiliated with the Hudson Institute and is a frequent contributor to National Review and other journals. Here the summary for each of the nine segments of this interview with Alex Alexiev available on the Internet and on public able channels in cities throughout California and in major cities throughout the United States.
Segment #1: The discovery of enormous conventional energy resources in the United States has been made possible by the development of new technology that provides a cost effect way to access and extract the resources for world wide use. Alexiev describes the new technology that has made it possible to reach natural gas and oil from shale without adverse consequences. He says the new discoveries and process will allow the United States to become self sufficient and the number one exporter of energy in the world.
Segment #2: Alex Alexiev describes the process known as “fracking” that has become controversial and is being debated across the country, but in this interview he points to the assurances made by one of the nations leading environmentalists, Ms. Lisa Jackson Director the EPA “we have no evidence of water contamination on account of fracking”. The allegations that “fracking” can cause earthquakes but no evidence has been produced to substantiate such claims. Testimony from grassroots and community meetings are provided in this segment to demonstrate the concerns and fears of skeptics of the “fracking” process.
Segment #3: Featured here is Presidential candidate Newt Gingrich first campaigned on this issue that it is now known there is massive more oil in the United States than the U S Geological survey once believed. The true amount of oil is currently unknown because every time they explore for oil they find more. Alexiev points to the increase in production of oil has encourage the exporting of derivatives due to the availability of shale oil that promotes the promise of becoming independent from Arab Oil. He says the reason we do not hear more about these new sources of oil Means that the price of oil is going to drop drastically and the cost of gas fired electricity which is a fraction of the cost of solar or wind energy.
Segment #4: Stock values for “green industry” have dropped dramatically (90%) and the reason is that the renewable solar energy is not practical in regions where climate is overcast. Without sunshine solar energy is impractical. German is a good example of where subsidized solar energy has driven up costs to the consumers and the taxpayers. That is why they realized solar energy makes no sense. Alexiev points to the renewable energy companies that are going bankrupt and cannot exist without subsidies.
Segment #5: Global Warming fears and the rise of the “Green Party” sparked the disasterous energy policies that promoted Germany’s methodical renewable energy programs that are destroying it’s future, according to Alex Alexiev. He says Germany has been the largest exporter of machines in the world. If electricity becomes so expensive says it will be impossible for them to compete. Alexiev describes the powerful political forces in Germany who have been responsible for fostering the policies that forced Germany to move away from conventional energy. He compares the U S subsidized Solyndra disaster that demonstrated these programs are not capable of working.
Segment #6: Alexiev describes the same irrational policies in Germany are happening here in the United States. The Solyndra, bankruptcy is only one of a number of solar companies, wind companies that are going bankrupt because it simply is not economically feasible. “Let me give you an example of where I live which is in the San Luis Obispo County. the environmentalists are doing the same thing that they’re doing in Germany. And the results will be pretty much the same. San Luis Obispo County approved two solar projects, one that is now being built. It’s called the California Valley Solar Ranch, CVSR. This is a project that received $1.2 billion of government loan guarantees. This California Valley Solar Ranch will have, 12 permanent jobs. These are mostly people that will squeegee the solar panels from dust. That’s what that will be. Picture it. $1.2 billion dollars for 12 jobs. That’s a $100 million dollar a job. Well we’re all paying for that because it came straight from the Obama stimulus package. So it’s taxpayers’ money. On top of that the local utility called PG&E signed a contract, forced by the government to sign a contract to buy energy from this solar plant at 50 percent above market rate. Who’s paying for that? The customers of PG&E. What’s the total? $453 million over the life of the contract which is 20 years. “ Read the entire transcript as a Full Disclosure Insider and subscriber.
Segment #7: Alexiev declares that Calfiornia is no longer an industrial power. He cites that California businesses that are dependent upon cheap and/or reliable energy that is not available in California. No new computer “chip” plants like Intel, have been built in California due to the fact that we now import 25% of of our energy from coal fire plants in Utah and Oregon. Soon we will be getting energy from Mexico Alexiev says. Google is now one of the largest companies and their headquarters are in Silicon Valley but their “server farms” are warehouses with 10,000 15,000 computer servers that rely upon cheap and reliable energy. Auto plants have left California because cheap or reliable energy available in not available.
Segment #8: Mr. Alexiev maintains that if California were to pursue a conventional energy plan we could return to prosperity. The availability of oil is all around us where huge amounts of oil seep out to the surface of the coastline in Santa Barbara. The oil companies are blamed by residents for the seepage but in fact the seepage is a natural occurrence that has been going on for years. Elitists who have promoted renewable energy, claim it is good or the people to pay more, when it is not necessary.
Segment #9 American people are waking up to the reality. Global Warming is now called “Climate Change” this is due to changing attitudes about subsidizing renewable energy programs. The Solyndra half- billion dollar government guaranteed loan, just before it went bankrupt, has contributed to the awakening in America. There is no longer enough money to subsidize utopian schemes. You cannot continue to subvert the market and hope for prosperity too. Alexiev explains why Warren Buffett got into the subsidized energy business. He says if the government is giving away taxpayers money why not, you cannot loose.