Green Energy Hopes Drown in the Oil Barrel

Why are we here? Not in the philosophical, stew-over-dinner-while-waiting-for-eternity sense. I mean, why are we still jabbering about renewable energy when all seems lost in the dungeons of these money-grubbing, oil-slicked titans?

Take Orsted and Equinor, supposed champions of the green wave. Yesterday, Orsted clanged the alarm bells with a whopping financial belly flop equivalent to gambling away a small country's GDP on soggy chips. Poof! There went 6 billion on bad bets in the U.S. wind market. Meanwhile, Mr. Anders Opedal, Equinor's puppeteer-in-chief, stood upon a stage in London, solemnly announcing a budget slash for green projects faster than a pirate abandoning a sinking ship – down to $5 billion from $10 billion.

Makes you wonder, what’s the point, folks? Equinor could simply wrap itself in the warm, black embrace of oil, where they racked up $7.9 billion in a single quarter. It’s a sad comedy, isn’t it?

As we stumble along, Orsted, Equinor, and their oily peers aren’t exactly chucking windmills and solar panels into the sea, but they're definitely not rushing towards Mother Nature with open arms either. Swept up in their lucrative, carbon-heavy love affair, they coolly apply the brakes on renewable fervor when profits seem uncertain.

Just contemplating this circus of despair and fossil fuel fetishization makes one ponder the sweet release of becoming dust in the wind–morbidly surmising, of course, that we won't die alone. Most likely, we'll perish clutching a worthless stock portfolio of collapsed green dreams, next to a bottle of overpriced, oil-tainted water.

Isn’t life a riot?