From: zerohedge
The Big Green Grift, the Energiewende and all the other green energy scams are about to be slowly shuttled aside because we need massive amounts of new energy these schemes cannot deliver. Moreover, we can no longer afford the virtue signaling, power seeking and money grabbing nonsense these ventures involve. Indeed, there’s a big wreck about to happen at the intersection of Artificial Intelligence Boulevard and Net Zero Avenue. Future AI data center demand Is forcing energy discussions to suddenly get very real.
, of course, is already facing the fact the two streets it’s simultaneously traveling are not parallel roads, but, rather, two routes that intersect and the company will be forced to stop and decide which direction it wants to go. Net Zero Avenue, taken to the end of the highway leads the end of ‘s AI dreams, while Artificial Intelligence Boulevard promises huge rewards.
We wrote about this dilemma and which way the evil company will go here. The situation is also nicely summarized in a new report titled “The U.S. Needs a Bigger (Energy) Boat: Putting The Sheer Magnitude of Forecasted Energy Demand into Perspective,” from Pickering Energy Partners. Here are some powerful excerpts (emphasis added):
It just doesn’t get much more clear; renewables cannot begin to supply the energy needed for AI data centers. Only fossil fuels and nuclear can get the job done. It’s that simple. AI is not something global elites are going to let slide by. They’ve had a good run with the Big Green Grift but those days are going to gradually (maybe not so gradually) come to an end, as the demand for energy to power AI forces a reconsideration.
Yes, the rhetoric will likely live on for quite some time, but the reality is that AI is the next big thing, it needs massive energy and the elites invested in it will not be denied. Reality is fast-approaching and it involves a lot of fossil fuels and a lot of nuclear.