AJL 12.5% 0.9¢ aj lucas group limited

Well, it is now the beginning of October and the cold season in...

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    Well, it is now the beginning of October and the cold season in Europe and the UK is starting. The solar minimum with its resulting massive swings in the Jet Stream causing freak weather both hot and cold has been busy. It is going to be a bitterly cold winter in Europe no matter what the daily weather. Cold because of lack of power supplies, in part from the loss of gas from Russia, with its vast north Urals gas fields and particularly from the colossal and totally predictable failure of the wind and solar investments of the past decade to produce anything like the rated capacity of electricity generation. About 40% of Britain's rated electricity capacity has been developed as renewables so called. This is and always was an incredibly foolish and incompetent policy, by itself, no matter the Ukraine war.
    The UK death rate will rise yet further and faster from hypothermia and its related chest related ailments, as people of limited means try to keep warm in front of a one bar radiator for a few hours a day. Pubs and clubs will close all over Britain due to the astronomical cost of even keeping a few heaters on for patrons. Fireplaces will be reopened in many dwellings, with firewood at a premium. People may even try to get bags of coal, to put in stoves and fireplaces, which will result in housefires and nasty pollution. Children will need to fully rug up for school, and there will be widespread blackouts, shutting down the internet at home and in offices, and fuel pumps at petrol stations will stop working during them.
    All the hoo-ha about the vastly exaggerated dangers of fracking might be drowned out by the basic human need to keep warm, prepare food, and keep the wheels of industry and public transport moving.
    The fracking idealogues (should that be idiotologues?) of Labour the Greens and the wet Tories will have a wave of fury to deal with when Joe Average finally realises that this policy failure is very real.
    If you read history, there has always been resistance to such new things. The first trains and cars were opposed as monstrous and dangerous. People fear the unknown, but there is plenty of fracking in the US and no significant earthquakes yet.

 
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