Summarised by Centrist
Economist Doug Casey calls the $5t global investment in green energy over the past two decades a colossal failure. It has achieved only a roughly 2% drop in reliance on hydrocarbons, which still account for 84% of global energy.
“It’s essentially the triumph of pseudoscience and aberrant psychology over physics and critical thinking,” Casey declares, accusing the green movement of pushing an anti-human agenda.
“The Greens say they want to save the Earth, but they mostly just hate people,” he claims, adding that many in the movement advocate for reducing the global population by 50–90%.
Casey dismantles wind and solar energy as unreliable and uneconomical for industrial societies. “They require huge and uneconomic investment in battery technology or backup hydrocarbon plants … which defeats the purpose.”
He also criticises government subsidies for electric vehicles (EVs), arguing they distort markets, waste capital, and risk bankrupting the automotive industry. “The government shouldn’t subsidise anything,” he says.
On carbon policy, Casey is equally blunt: “CO₂ is plant food. Plants breathe it and can’t live without it. The war against CO₂ is idiotic.”
With the tide turning, Casey predicts hydrocarbons and nuclear energy will dominate the future as “reality always wins out.”
“This scam can’t last forever. Eventually, people will wake up, and when they do, the collapse will be swift,” he said.
