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Showing content with the highest reputation on 01/18/2020 in Posts

  1. 2 points
    Try explaining all this to Malaysia and Indonesia who are presently confronting China for escorting fishing fleets with Chinese Coast Guard vessels in disputed waters. How these waters can be disputed is beyond me. A cursory look at the map shows them to be far, far away from the Chinese mainland.
  2. 2 points
    We can give Taiwan a nuclear arsenal and solve the problem, though that is highly unlikely. But the Chinese long game is not within the reach of their economy. I think they miscalculated. I don't know that they can keep juggling their bank problems any longer. As pointed out elsewhere, the banks are acting like the global banking system post Lehman's collapse. The US will be growing its presence on the periphery of the S.China sea. And I believe Indonesia, Philippines along with Taiwan Japan and Korea and eventually Thailand and vietnam. will be in position to control China's physical access to imports and markets. That should keep China's Taiwan ambitions at bay. I am assuming US forces would be placed upfront so as to be a tripwire like they are in Poland and Romania. As to provocations, those are largely Chinese naval and air force actions.
  3. 2 points
    Ron, the prospects of Taiwan are really gloomy. It is a real human tragedy that over 20 million people, de facto independent, democratic state are doomed to be part of Chinese dictatorship in the future. Taiwan is already independent and still independent. China is playing the long game, want to "reunite" Taiwan before 2049. Strategic location of Taiwan, the military threat that independent Taiwan possesses to China, makes future independence of the country not possible. About 0.5 billion Chinese live within 600 miles of its shores. No matter what China will take Taiwan under its control, in peaceful way or by force. At the moment China wants to keep the issue low profile, till it gets stronger, trying to take over island in economic terms, and is successfull in this pursuit. On the other hand, United States want to keep the issue hot, by different and numerous provocations. China is reacting in a very toned way, they need time.
  4. 1 point
    Which is why I think the US deployment is happening. At least in small part. We will have to see if US and Taiwan manage to move some production and R&D assets onto US shores or disperse them further into say Thailand etc. The recent elections indicate a detachment of Taiwan from interaction with China is in the works. A financial crisis in China, which has been building pressure for over a decade (interbank lending is 150 Trillion Yuan https://tradingeconomics.com/china/loans-to-banks) and their interbank lending market is already in disarray since September 19 should make a decision to leave China an easy one for Taiwan. .I don't know how the manage to keep this one afloat this time. The distress signals are coming more often and more intensely. For China's sake I very much hope they have installed a backup financial system, because what they have right now looks like it is on the verge of imploding or requiring an enormous central bank money printing campaign to keep it running - which would be highly inflationary in a country with nearly triple M2 to GDP than in OECD. . I don't expect they can let this continue, so their attempts to draw down reserves last year have to be abandoned, as that is likely what has caused the disarray. @Marcin2, Regarding the nature of the deployment, it is heavy Navy forces outside the S China sea and hardened air resources and small navy forces on land throughout the periphery islands.It is still in the works and I don't think it will be US forces alone. Japan has already committed. You are viewing the tailing of China ships around US ships as an advantage to China as imposing a threat. I expect that it is going to act as a tripwire for a total war to remove China from the sea and then economically dismantle China. The US has bled to hold onto its role in the region for well over a century. Surrounding US Navy groups with matchstick Chinese navy ships only means that at the first shot they will all be sunk. Not necessarily by the US ships they are tailing.
  5. 1 point
    There are quite a few of the fringe players. Some of them will doubtless turn into giant successes. Many will go broke. Utah, as I'm sure you know, has had people scratching their heads for years--because it is oil-rich. But it always seems to be complicated. MGX, a tiny Canadian company, merged with PurLucid to form a water reuse system from fracking while separating out minerals. They bought a 110,000-acre position in the Paradox Basin in Utah, known to be oil-rich but salty. MGX has a goal to draw "petrolithium" from their operation, while selling the oil and reusing the water. It's a great scheme, going after oilfield brines rich in lithium and other rare earth elements, but they haven't gotten off the ground. As shale oil is depleted, unless offshore takes up the slack, some of these fringe players will emerge . . . providing we run out of oil before renewables are ready (which I think is possible). I have been enamored with the MGX/PurLucid salt separation system for years and it has cost me a chunk of change. They are so scattered--zinc-air battery one week, lithium mines the next--that they need some steady-eddy direction. I wish you would give them some . . . and I mean that.
  6. 1 point
    Petroteq, the outfit incorporated in Toronto and running a tiny oil-extraction-from sand operation in Asphalt Ridge, Utah, is again very short of cash, and has undertaken two new refinance packages. In the first, it has issued debt for $55,000, with a convertible warrant allowing conversion in one year into 357,000 common shares at 14 cents each. Looks like the carrot on that deal is that if the shares miraculously rocket to a dollar each, the holder of the new equity will be $357,000 richer (minus the $55,000 loan, of course). The second deal is to convert a trade debt of $6,000 into shares, apparently convincing the trade creditor that something is better than nothing. This looks to me like an outfit that is really struggling, and needs to keep every penny it can on board, to meet the payroll. Not a good sign. On the other hand, at one time if I remember correctly Bill Gates was paying his secretaries in shares of stock; all are now millionaires, at least. So, you place your bets and you take your chances! https://ir.petroteq.energy/press-releases/detail/343
  7. 1 point
  8. 1 point
    Again, just because China desires Taiwan and the entire South China Sea, does the rest of the world just sit idly by and let them do what they want simply because they are a dictatorship? Just imagine what the world would look like today if we had taken the same approach to Hitler’s Germany or Hirohito’s Japan. Doing nothing is the lazy man’s way out.
  9. 1 point
    But what you can do ? There is no scenario, even damn crazy scenario (apart from nuke arming of Taiwan as @0R0 suggested, but Americans would not die in nuclear war over this small island) in which China will not eventually get Taiwan, in 15 or 25 years, peacefully or by force. It is a huge human tragedy, because China is dictatorship and Taiwan democracy.
  10. 1 point
    Related, as far as I'm concerned. Yes, it's a meme making a joke, but there is truth in it. Greta ignores China and Asia in her rants, but wants to spread Socialism (Communism lite) to Western nations. AOC wants Socialism (Communism lite) in the U.S. Means to an end.
  11. 1 point
    Now would be a perfect time for all of the countries affected by China’s ridiculous 9-line map claims to join forces and stand up to China (with the present situation in Hong Kong and the recent election in Taiwan). It would be nice if the nations concerned with ‘freedom of navigation’ pitched in to help.
  12. 1 point
    Read...North American operations are slowing down significantly. Keep in mind that the ‘health’ of an oilfield is not associated with the wellbeing of the operators, but in the ‘health’ of the third party service companies. Operators generally do not have the ability to drill, cement, log or perform ANY of the operations to construct or complete their wells. If the service companies are downsizing in or leaving a region it will become extremely difficult for any operator to pursue a drilling campaign. Furthermore, it will become more expensive as the third parties will want payback for the years the operators hammered the service company rates in an effort to get their cost per barrel down. Of course, in the oilfield, what goes around comes around. When oil was around $100/bbl, the service companies were ‘raping’ the operators....
  13. 1 point
    Trump will tweet how hundreds of billions to trillions are pouring into US government coffers. Yet the only trillion that the government can really claim is the deficit. GW touted Middle East wars and the economy. Then it crashed taking most of the world with it. How are those wars doing now. Trump is sending in the troops and it ain’t for the Kurds who did much of the fighting for us. Pathetic. Instead of giving those F-35’s to Israel. Teach the Kurds to fly. Iran, Iraq, Russia, Syria and the Saudi could learn a thing or two from my Kurdish friends. Lol
  14. 1 point
    I would love to see the effects of China growth slowing from 6% to 4% in a chart. The trade imbalance difference between the China and the US would be good place to start. Statistics have nothing to do with patriotism of the outcome. These red right wing Republicans will always try to twist some kind of political message while ignoring reality. Trump good, China bad,I am ok with since I’m American. But numbers are numbers. So far all that damage is speculation and Chinese goods are everywhere in US stores. All this rhetoric is to glorify Trump success when few if any positive results have been seen. Tell you what, show me those numbers in a 3, 5 or 10 year chart and prove Trumps results.
  15. 1 point
    And why should any of this come as a big surprise? This is what Communists do - enslave people. The entire ideology of the Communists revolves around the idea that the individual is forcibly subordinate to the State (and the State, conveniently, is the Communists). After they get through with the locals, the next step is the people in the surrounding countries. Ask the farmers in Ukraine about Stalin, you will get an earful. What did you expect from these people - some form of enlightened Jeffersonian Democracy? Don't make me laugh. These are Communists. Try to remember that, the next time you are in some store wanting to buy something, and it is made in China.
  16. 1 point
    Human Rights Watch: China Is “Existential Threat” To Global Freedom Warns of “a dystopian future in which no one is beyond the reach of Chinese censors” Non-governmental organization Human Rights Watch warned Wednesday that if China continues to go unchecked, it threatens to enslave the entire global population and eviscerate freedom for good. In its annual report, the think tank cautioned that the Communist Chinese government is using technology, censorship and violent repression to such an effective extent that it threatens to fundamentally undermine international human rights forever. “Beijing has long suppressed domestic critics. Now the Chinese government is trying to extend that censorship to the rest of the world,” the 652-page report concluded. HRW declared that China is now engaged in the “most intense attack” ever on freedom, and that President Xi Jinping’s government is executing“the most brutal and pervasive oppression that China has seen for decades,” including the implementation of a “nightmarish surveillance system” in Xinjiang province. The report outlines how China is using its might to systematically silence political dissidents, religious groups, and ethnic minorities. The report is so damning that Beijing banned HRW executive director, Kenneth Roth, from traveling to Hong Kong to attend an event to release it. Instead, the report was launched at the United Nations headquarters in New York. ...
  17. 1 point
    That seems analogous to our USPS (Postal Service). We could have Amazon deliver all but first class mail and save lots of money, but we would still need them for some remote areas. First class mail might work for Amazon also but would be more controversial. Right now we are greatly subsidizing a failing USPS that is legally supposed to show a profit. It is losing more billions every quarter because of high employee payrolls and benefits. That is not how it was intended to work out. See United States Postal Service Problems https://docs.google.com/document/d/14eYBbtNv2fDBCr-UPLyN1f_j1CqrxkJJMjcKQqBviRs/edit
  18. 1 point
    You gave such a perfect setup for a one liner joke.
  19. 1 point
    That is very good to hear. America should be using combined heat and power to the maximum. That goes for geothermal also. America and Canada produce a lot of wood pellets also and export to Europe. Heat pumps should be mandated ,for new housing, in appropriate climates.
  20. 1 point
    The best energy saver ever was the clothesline which uses sun and wind. The only problem with it is precipitation. Burning wood is pollution neutral in the long run but could greatly shorten lives in cities. It is great for very sparsely populated areas. Wood pellets are a very big product and many ships carry them from North America to Europe.
  21. 1 point
    The true cost of energy to the consumer against the true cost of the pollution incurred over the total endeavor from mining to burying what is left over. In nuclear power it involves the never ending cost of guarding the radioactive material.
  22. 1 point
    Norway also has a large new find of natural gas. https://cdn.i-scmp.com/sites/default/files/styles/1200x800/public/d8/images/methode/2020/01/16/9cd06c50-378a-11ea-9933-e21be988cd59_image_hires_194941.jpg?itok=jepD6Eio&v=1579175391
  23. 1 point
    While we have by far the best pollution improvement in the world by reducing coal use and replacing much of it with natural gas. Never the less the Climate Movement casts natural gas as a fossil fuel just like coal. By doing that they are fighting against the best solution. Meanwhile China is burning more coal than ever and building dozens of coal plants in Third World countries around the world. Few peeps about that obvious fact. China is increasing its use of LNG and promoting natural gas vehicles however. That is a plus for China. They may end up being the biggest user of natural gas in the world. They definitely have a China First policy but that is accepted by the news media as normal.
  24. 1 point
    When I lived in Malaysia, some utilities would routinely lose money, as the utilities were basically government controlled, and were considered necessary for the country. Utilities usually made money in urban areas and usually lost money in rural areas.
  25. 1 point
    Thank you Tom, I just calculated this, data from article were sufficient. It is of course rough estimation: data could have +/- 3% error, could be even like 67% vs 33% or 73% vs 27%, but they show major idea.
  26. 1 point
  27. 1 point
    It is true that private sector is slowing, the results of private sector (the major driving force of Chinese economy for 2 decades) are worse than state sector. Most analysts say that it is because of tightening of financing conditions for this sector, and lack of level playing field, state companies are prioritized, for political reasons. But this article is not proving these facts, it is more or less irrelevant to them, I will explain why: - when we build scenarios, especially relating to such a volatile measures like GDP growth in 5-6 years perspective in fast rebalancing economy (report prepared in 2019, relating to reality in 2024), the 3 or 4 scenarios are relatively diverse. So scenarios are probably: 4%, 5%, 6%, 7% or 4% , 5.5%, 7% of projected GDP growth. One of them is recommended as more probable, there is explanation why. - Chinese GDP growth impact on electricity consumption is changing in the last 5-7 years. about 70% of Chinese power consumption is industry, with small growth rates, as industry's role in economy peaked about 2010-2012. The residential and commercial usage is rising fast, but it is still relatively small % of total usage.
  28. 1 point
  29. 1 point
    OK, so first how State Grid of China operates, to explain these results. Revenue 400 billion USD, realtively small operating/net income about 10 billion USD. State Grid is roughly divided on geographical areas per province boundaries, each of them has own Profit and Loss Account like they are different companies. This is needed for calculation of transmission rates. But access to cheap and omniscent electricity is public good in many countries, also in China. This is natural monopoly so it needs to be this way. So because China is so diverse, transmission rates in less developed provinces are subsidized by revenues from prvinces that are more developed, with higher population density, and higher electricity consumption per capita and per geographical area. Otherwise it would never be economical to conduct any economic activity in SIchuan, Xinjiang or TIbet because of very high transmission rates. So 10 out of 25 operating areas have losses on the level of individual Profit and Loss Account covered from high net profits of more developed provinces. This is beneficial for all, as geographical distribution of generation and consumption is uneven. So profits from 70% of electricity transmitted in 15 more developed provinces is subisidizing to some extent losses relating to 30% of transmitted electricity in 10 less developed provinces.
  30. 1 point
    It was in the same article you posted, try to not selectively read the "China bad" parts and not the rest. I agree the numbers are cooked, but by everyone.
  31. 1 point
    In reality, the US is still importing, the US consumer paid for it (look at the CPI numbers), and now and trump is backing off on his tariffs. He signed a deal that just increased raw agriculture and energy exports - not manufactured goods. Wasn't the whole point to increase domestic manufacturing? Nope, just have to appease the pissed off farmers a bit. Although they were getting tons of transfer payments a.k.a vote buying (like QC Haha).
  32. 1 point
    Sweden do mot use much hydrocarbons for heating. We use heat pumps a lot taking energy from soil and air. In citys we burn garbage and timber and distribute out hot water to heat houses. In the countryside some heat their houses with wood pellets or wood if they do have a heat pump. The hydrocarbons are used for transport and in chemical industri. Magnus Karllsson Sweden
  33. 1 point
    In reference to the accolades surrounding renewables, a curmudgeon lurker has emerged with this small message: Throughout the history of the earth, periods of upheaval--characterized by mass extinctions, changes in sea level and ocean chemistry, changes in prevailing climate patterns--have written their signature in layers of rock. That's the reason geologists tell us that there have been ~50 climate changes through the annals of time. It would appear, for example, that Florida has been under water more than under the sun. It should be noted that those cataclysmic epochs were not influenced by human activity: they are not our fault. We are currently in the Anthropocene Age, whereby the actions of 8 billion (misguided) Homo sapiens now influence all those things above. We shouldn't assume that, just by replacing fossil fuels with renewables, we will always change things for the better--as is currently preached. In a study (Nature Climate Change) of dense coverage of desert areas by solar panels, the amount of solar radiation absorbed by the earth was substantially reduced (because, obviously, it was instead being absorbed by solar panels, and transmitted away). This led to cascading effects on the local climate: 1) the temperature dropped by up to 2 degrees Celsius, 2) precipitation dropped by 20% (due to decreased cloud cover), and, 3) wind patterns changed. So, let's race to install hundred-thousand-acre solar farms in the Great American Southwest, cover all the buttes of the Plains with giant wind turbines, and see exactly what kind of climate change we get--it'll be a jim-dandy little science experiment. And what could possibly go wrong? If the past is prologue, there will be some unexpected consequences. There may be no one around to judge, but this one is on us.
  34. 1 point
    I live in the southwest US, so we get a lot of sun in the summer, but solar would be pretty useless for days on end during the winter months. This week has been cloudy and overcast, and will continue until at least the weekend. Wind would be a good alternative for this time of year, but summer can be quite windless at times. So can the cost(and I mean from a carbon perspective) of wind turbines and solar be justified when the backup system is included? Not all of us enjoy the benefit of constant wind or constant sun like some areas do, so we would have to be including that backup as well, or just go without power. Like forced camping, at home, with no A/C....
  35. 1 point
    Interesting, and I had even forgotten about the backup part. But the article does not seem to account for the backup power generation being built as well, only the energy it would consume while "backing up" the wind turbine. So does anyone account for that as well? We all know that there would have to be some type of backup, for any green technology. And sorry guys, current nuclear technologies do not count as green in my mind, the waste they produce is horrendous to deal with. We need to figure out what to do with the waste to use it some other constructive way before I would consider spent fuel rods as anywhere near green... When we can figure out how to recycle them into something useful, well maybe then.
  36. 1 point
    See below mate https://www.saskwind.ca/blogbackend/2016/1/14/carbon-and-energy-payback-of-a-wind-turbine
  37. 1 point
    So I was just reading that around 2010 was a tipping point for solar, but that was just for the manufacture of the solar panel itself. That does not include wiring and assorted items that have to be in place for a solar system to produce more energy than it consumed during manufacturing and installation
  38. 1 point
    I also understand that it takes more energy to make a solar panel than it will ever produce. Is that true as well? All the greeny tree huggers seem to believe that because they can't see the pollution, it is clean energy. But the reality is the pollution and energy expenditures are in the manufacturing and installation/maintenance, not from actually producing energy, so it is pollution free. In my mind anything that produces more than what was put into it would be like a perpetual motion machine type of thing, and we know that isn't possible. At least right now it isn't... Maybe if energy could be made in space and somehow sent to earth
  39. 1 point
    I am 1/2 blood Swede so let me tell you what’s up. Fortunately none of the knuckle dragging right wing idiots took part in the poll. The 70% who love spending money on bettering their air and keeping healthcare costs down are willing to invest those savings and do more yet. The 30% feel they just won’t get the bang for the buck because their carbon footprint is already so low. But I heard through grapevine they would fund the depopulation of Germany and other coal burning countries in Europe. They would support those taxes.
  40. 1 point
    Heh heh, the Climate Armageddon crowd's desperation is palpable. ZOMG THE WORLD IS GONNA END BECAUSE ORANGE MAN BAD !!!!! Oh, and what the heck was the job of Climate Negotiator in Obama's State Department? How bad can the climate crisis get if Trump wins again? Climate pollution in the US is up under Donald Trump and threatens to undermine international efforts to stall the crisis, especially if he wins re-election this year and secures a second term in the White House. ... ... Andrew Light, a climate negotiator for President Barack Obama’s state department, said the world is taking note of those efforts, but if Trump is re-elected “you are going to see a lot of people who are worried anew about what the US can do.” Americans choosing Trump would send the signal that they don’t care about the climate, Light said. ... ... Under Trump, the oil and gas industry contributing heavily to the climate crisis is thriving. Oil and gas-related industries in the US are planning to build 157 new or expanded plants and expand drilling over the next five years – releasing as much greenhouse gas pollution as 50 new coal-fired power plants, according to a report from the Environmental Integrity Project. ...
  41. 0 points
    Tom, it is four o'clock in the morning in the Midwest and the roosters are still asleep, no excuses for you to be out of bed. What's going on, you still on Malaysia time? Get some sleep, man!
  42. 0 points
    A magnetic force? The onus isn't on me to prove anything. If you propose concepts far outside mainstream physics the onus is on you to prove them. Good luck with that.
  43. 0 points
  44. 0 points
    magnetism. not electro-magnetism. if you wish to quote me, then have the decency to be accurate. thank you. if you accept the Einstein hypothesis, the onus is upon you to prove it.
  45. 0 points
  46. 0 points
    70% in favor is a sizable majority in favor Tom. What is your point - math is hard?