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  1. 3 points
    I'm not so sure. I've observed many open pit surface coal mines that have been reasonably restored to greenfields. Then, mountain tops in West Virginia seem to be scrapped away, which is REALLY expensive to rehabilitate I don't know how you can "rehabilitate" an underground coal mine, since it wasn't "green" to start with. A real "non-green" issue with most coals is "where do you put the residuals" (ash)? Clean ash (such as fly ash) can be useful, and actually sold if the un-burned carbon content is really low. If it is "clean enough", it can be a reasonable substitute for Portland cement. Bottom ash (the "real estate" that falls or drips to the bottom of the firebox), not so much...but some use it for a substitute for more expensive grit blasting media. Wear your PPE when using it! After using it for a grit substitute, it's STILL THERE (plus whatever it strips off a substrate), just much finer.
  2. 3 points
    Hubble's Law is a robust principle in cosmology. There's ongoing refinement in measuring the exact value of H₀ (Hubble's Constant). Different methods provide slightly different results, leading to a current range around 70 (km/s)/Mpc (kilometers per second per megaparsec). One megaparsec (Mpc) is equivalent to roughly 30,856,775,815,000 Astronomical Units (AU). Jupiter is about 5.2 AU distant from the Sun. So, Jupiter is 0.000000000000017 of a Mpc away from the sun. Thus, 0.000000000000017 x 70 Km/sec = 0.000000000012 Km/s. Over a year (which has about 32 billion seconds), Hubble's Law, using the current constant, = about 380 meters/year for Jupiter's "recession" from the Sun, based on a simplified application of Hubble's Law. Observation of Jupiter doesn't provide relevant information to challenge Hubble's Law, due to the vast difference in scale and the nature of the phenomena involved. These are REALLY small angle differences over time in triangulation, particularly with observation of an EXTENDED object, like a planet. For sure, astronomers/cosmologists are famous for "extrapolating on a point" (Hubble's Law is a good example). That's why I never go beyond two significant digits in any astronomical analysis. YMMV about this. Triangulation of Jupiter may be a valid method of challenging Hubble's Law, given enough years of observation and fully considering the orbital mechanics of our Solar System that could interfere with Hubble's Law recession. Earth-based measurements require taking atmospheric effects into consideration, which can EASILY overwhelm small angular measurements. We ain't have had space-based measurements long enough to make use of triangulation of local objects to challenge Hubble's Law. Even then, it's a real challenge to measure such small angular changes due to the orbital mechanics of the space-based platform. Cepheid variable stars represent a very valuable "standard candle" (I hate that term) for distance measurements. They are a remarkable example of how different astronomical tools work together to unveil the "secrets of the universe". "Science as a cult"? Yeah, I'm sure that's how past Popes dealt with it. "Religion as a cult" makes more sense to me. Again, YMMV. . .
  3. 2 points
    Solar at least adheres to KISS assuming you get a VERY large inverter and only use a small fraction of its claimed Wattage throughput with proper cooling exceeding spec as all the inverter manufacturers are liars. As long as your remember that, solar can work--> where it is sunny. A good portion of the world is sunny. Still not a universal solution so will always be a bit side piece.
  4. 2 points
  5. 2 points
    You are used to the way things work using old technology, continuously "tuned" to the market. I have more than enough experience to know that coal is just plain filthy! Have ever stood near a coking unit? I suggest you avoid that "opportunity". Have you ever strolled on the upper stories of an operating pressurized coal-fired furnace? HINT: don't use the elevator unless you have portable breathing apparatus. Do you even know what a sootblower does? Or, where it's "operating product" goes? With regards to "stability" of renewable power, we ain't seen nothin' yet. We haven't even begun to integrate AI into the market. Can renewable generation match and fully displace fossil-fired generation? Certainly, not at this time. It's gonna take decades. One close acquaintance was an early adopter of small wind generation on his ranch. After several years of that, he initially said that if he were to do it all over again, he would buy a diesel generator instead. He switched to solar generation (re-using some of the pre-existing interconnection and other equipment). Last month's electric bill for his ranch was NEGATIVE! And the wind generator tower is now a GREAT flagpole with a HUGE, well-lit American Flag. Remain astounded.
  6. 2 points
    Even ten years ago, there were legitimate climatologists who had rational doubts about climate change, including whether it was caused almost entirely by human activity. However, in that period of time, the science got better and no one, I mean no one in the field believes that warming is not happening and it’s due to climate activity. The meta-study done that showed 97% of papers supported man-made global warming was done by someone who was a skeptic. He stopped being a skeptic after that. The same has happened in many fields. Evolution wasn’t widely accepted in biology until well after Darwin’s death. The expanding universe theory had several serious opponents right up until the early 1970s. The belief that ulcers were caused by stress lasted into this millennium. The evidence of all of these things is now crystal clear. There are no serious scientists who are published in the field that believe otherwise. Right now, if you don’t think human caused warming is a thing, you’re not just in the minority of people in the field, you’re all alone. You’re ignoring evidence. You’re calling into question studies that have been confirmed and re-confirmed. You’re ignoring models from 30 years ago that were actually optimistic. It turned out reality was worse. You’re raising arguments that have already been dealt with over and over and over again. In other words, you’re Fred Hoyle: Fred Hoyle was an expanding universe denier. By 1970 it was clear to anyone with a brain that the theory Hoyle dubbed “The Big Bang” was correct in every important detail. Despite this, Hoyle worked out a theory that made it look like the universe was expanding, but wasn’t. He presented his initial findings (pre-publication) to an audience in London. A young graduate student pointed out his calculations were flawed and his theory couldn’t possibly be right (that young graduate student was Stephen Hawking). Anyone who doesn’t believe the theory that the world is getting warmer and it’s our fault isn’t a “skeptic” or “outsider” or “maverick” or “free thinker”, they’re just denying the evidence. Man-made global warming is as certain as the spherical nature of the earth or the fact that cigarettes immensely increase your risk of lung cancer and heart attack. Anyone who tells you anything different is trying to sell something. Most likely oil or coal.
  7. 2 points
    pedantic by necessity???? count me out Good Beer is a necessity Good Food (well I covered this under Beer) is a necessity A good roof over your head is a necessity Good air is a necessity Good water (well I covered this under Beer) is a necessity arguing about negative growth...........like a big hemorrhoid ...avoid avoid avoid
  8. 2 points
    2022 doesn't sound very current. Accept that things are changing fast.
  9. 2 points
    https://www.coxautoinc.com/market-insights/q4-2023-ev-sales J.D. Power now forecasts U.S. electric vehicle market share will hit 12.4% in 2024, up from 7.6% in 2023. While that represents a gain of 63%, the rate is down 0.8 percentage points from the firm's original prediction. Last year, EV sales grew at a 50% pace, hitting one million units for the first time.Mar 5, 2024 Merriam Webster: COLLAPSE : to fall or shrink together abruptly and completely : fall into a jumbled or flattened mass through the force of external pressure
  10. 2 points
  11. 2 points
    you forgot to post the headline....here, I will help you out Global EV Sales Expected to ....... Increase by 21% in 2024 so much for your decline
  12. 2 points
    I do find that interesting commentary, it would appear that the German Green Party had done as much. Imagine dumping cash into a failed manufacturing facility...wind mails at that. I Leave It With You... Taxes blown in the wind? The Siemens Gamesa bailout Conclusion and Implications Overall, we come to a sobering conclusion: Siemens Gamesa should not have been bailed out, and certainly not on the specific terms of this rescue. Siemens Gamesa likely is not an economically viable firm. Even if it were, it is not a critical firm in the sense that a bankruptcy process would trigger significant negative macroeconomic or geostrategic externalities. And even if a bailout were justified (which it is not), it should not occur without a major contribution from Siemens and the other shareholders of Siemens Energy. The readiness with which the German government was willing to bail out Siemens Gamesa does not bode well for a possible future scenario in which one of Germany’s leading automobile manufacturers experiences a significant downturn or even financial difficulties because its electric vehicles are of lower quality or more expensive than those of its American or Chinese competitors. The subsidies in the Siemens Gamesa case are small change compared to what might be necessary to save the German automotive industry. ----------------------- https://www.ecgi.global/publications/blog/taxes-blown-in-the-wind-the-siemens-gamesa-bailout
  13. 2 points
    did The gas company send you a check for taking their free gas??????? only a dope would be preaching gas is free...........
  14. 1 point
    Clean energy accounted for 10% of global GDP growth in 2023Our new country-by-country and sector-by-sector analysis finds that in 2023, clean energy added around USD 320 billion to the world economy.20 hours ago Clean energy is boosting economic growth – Analysis - IEA IEA – International Energy Agency Clean electricity accounted for around 80% of new capacity additions to the world’s electricity system in 2023, and electric vehicles for around one out of five cars sold globally. At the same time, global investment in clean energy manufacturing is booming, driven by industrial policies and market demand. Employment in clean energy jobs exceeded that of fossil fuels in 2021 and continues to grow. Clean energy accounted for around one-fifth of China’s 5.2% GDP growth in 2023. Each of the three categories assessed grew strongly, with the largest increase coming from investment in clean power capacity, followed by clean equipment sales, particularly EVs. Expansion in clean energy manufacturing accounted for around 5% of China’s GDP growth in 2023
  15. 1 point
    You might sell a book! You can "hank" me later. You do not decide what the facts are. Try again.
  16. 1 point
  17. 1 point
    From your article "All new car sales in the European Union car market dropped by 5.2% year-on-year" And this "Among the three largest BEV markets, Belgium (+23.8%) and France (+10.9%) enjoyed double-digit increases, while Germany faced a significant decrease of 28.9%, ACEA said. The EU saw a total of 332,999 new battery-electric cars registered during the first quarter of 2024, up by 3.8% compared to the same quarter last year. Despite the general market decline, hybrid-electric car registrations in the EU jumped by 12.6% in March 2024, with France and Italy driving the increase. The share of hybrid car sales rose to 29% of the new sales last month, up from 24.4% in March 2023.
  18. 1 point
    You've never been to Texas then! In 5 years there's been a huge increase in wind and a huge reduction in coal. I think we'll all agree Texas is very much a red state and definitely NOT a "hard-line democrat state". In 2023, wind represented 28.6 percent of Texas energy generation, second to natural gas (41.8 percent). There are 239 wind-related projects in Texas and more than 15,300 wind turbines, the most of any state. Texas wind power generation surpassed the state's nuclear generation in 2014 and coal-fired generation in 2020. How the Texas power grid is changing, according to 6 charts (houstonchronicle.com)
  19. 1 point
    I agree with your general points, however I think Specinho was saying this "coal mining can actually be purified to become something green" If he meant after coal mining has stopped then yes old mining areas can become greener obviously as nature recovers. He does refer to a town which took 20 years to do this (and a lot of effort). I will put his comment down to English being his second language and lost in translation.
  20. 1 point
    This comment shows you have no clue what utter rubbish your are spouting! Growth is growth it isnt negative! I presume you are trying to articulate that the growth rate percentage is reducing. Either you struggle with the English language or your struggle with math, or maybe its both! Ive highlighted the word "grow" for you from your own post. Show me how you can have "negative growth" Growth dropping to a huge 19% in 2025 is still exceptional growth in what is now becoming a market with many players, increasing competition and driving costs down. This is from your own post FFS! Is the company you work for experiencing growth of 19%? if so wow thats amazing, well done!
  21. 1 point
    In hot areas a lot of electricity goes to running air conditioners. You might only need 2/3rds the power on a cool / cloudy day. On very hot sunny days the panels produce lots of electricity at the same time as peak AC demand. You don't need to run AC all night, so not as much storage is needed as you portray.
  22. 1 point
    China wishes it achieved a capacity factor or 33% on their wind turbines... By their OWN published numbers It is 25% capacity factor. Average capacity factor in the USA even with all those ancient wind turbines is ~40%. All new wind turbines have a capacity factor ~50%. Europe has an average capacity factor of ~30%-->35%(region dependent of course) in their wind turbines where their new ones achieve 40% or so. Only a few RARE new ocean placement wind turbines in Europe have now hit 50%. Solar is a joke anywhere not named a desert, but at least those in the tropic zone have a chance. The problem? Winter, or seasonal rainy season for several months dropping output by at least 2/3 from whatever it was before. What is humorous is the Middle east with all its oil actually could go Solar along with Australia of course as they can average 10 hours of sun a day so "only" HAHAHAHA need battery backup of 20 hours or so. Of course you need more due to a thing called storms... but hey, one can dream of utopia right...
  23. 1 point
    The bigger picture..............."Central Asian states........ only a fool , such as yourself , would buy your BS babble Central Asian states???????Are we talking Kansas....ha ha ha as we were discussing the United States and you are trying to paint Central Asian states as the bigger picture......Only a Russian would believe your BS Comrade .....the Central Asian states are diddly if you have been to any of the Central Asian states you would know they are ex soviet states that were left to rot and die..... the collective generation capacity has doubled........ 2 times diddly is double diddly Here is a good example of real power demand Power plants in Uzbekistan generated over 74 billion kilowatt-hours of electricity in 2022, up three billion kilowatt-hours in the previous year. The production increased each year under consideration.Aug 7, 2023 Electricity generation in Uzbekistan 2016-2022 - Statista Statista https://www.statista.com › ... › Energy Compare the capacity of one the Central Asian States to one of the US States How about Iowa in 2022..................... Iowas consumption was 72,982,198 MWH or 78982 Billion WH or 79 Billion KWH Iowa itself is bigger than the biggest Central Asian State of Uzbekistan so move to one of your big Central Asian States and go all coal. We will not miss you Edited 22 hours ago by notsonice
  24. 1 point
    In short, no. Yes, any moving conductor in a magnetic field (or a stationary conductor in a changing magnetic field) will induce a current. However, the earths magnetic field strength is so weak that you can't really harness much energy from it. It is strong enough to turn a small floating needle in a compass, but that is about it. For comparison a rare earth magnet can produce a field strength of 1.2 T. The earth produces a field strength of 25 to 65 μT. Several orders of magnitude difference. Hospital MRI units run at >1.5T, fancy units near 7T.
  25. 1 point
    Have you ever seen a bubble? It looks very much like a cell. There are known forces that produce bubbles. We know amino acids can be produced by inorganic processes and they can form simple peptides.
  26. 1 point
    So what is your proposed theory if the universe is not expanding? A static universe? Creation? Quantum mechanics works very well. It is weird but has been tested by numerous experiments. Photoelectric effect, atomic emission spectroscopy, vibrational and rotational spectroscopy, etc. Energy and space is absolutely quantized. If you have no other plausible explanations maybe leave these topics to the real scientists. Many much greater minds have considered these questions.
  27. 1 point
    I doubt that, but then true to form, you don't provide any data to back up your statement. I doubt that the majority of the world does any significant work on their cars (beyond basic maintenance such as changing the oil). As I have explained before, I am not afraid to get my hands dirty--I just prefer to spend my time doing other things I find more enjoyable than fixing vehicles.
  28. 1 point
    It is in fact not a bad idea to have no or minimum car on the street on off days. Some places have indeed put more cultural things on the street e.g. flea market on empty parking lot in Bremen; open air philharmonic performance in a park Bremen; open air movie theater China; cultural walk in Penang; Morning farmers' market on empty parking lot Muar, Segamat; night market on specific street on certain day etc... Used to cycle here and there freely while breathing in fresh air when i was a kid in a village. Now, the vehicles are getting too much to cycle without interference for a distance of 5 min. I needed to get down and push the bike for safety reason. Trees are gone. Each breath has more hot waste gas than refreshing air. Some rivers dried off, others nearly dried off. No more big belly/ pregnant fish and colourful tail fish catching for fun. With changes, new incomers are brought in. They change the safety, habit etc of the village. Once a wild place, we never experienced street robbery, houses broken in, past mid night motoring, past 1a.m. loud gathering without purpose; past 1a.m. firework during celebration. It was a self ruling yet protective town. New comers brought in are dangerous, inconsiderate, ignorant about cultural meaning of firework etc who are doing all of those. If these are happening at your place, how do you balance inclusion or globalization and old settings?? Nostalgic...
  29. 1 point
    He either doesnt understand or refuses to accept, its one or the other, hopefully for him its the latter or he will struggle through life with a low IQ
  30. 1 point
    I only plotted the data you provided. So in a way it is your graph.
  31. 1 point
    There are times you simply astound me. You once stated your credentials if memory serves me correctly you have a vast depth in coal power generation. The technology and engineering that has been implemented in those plants to create a stable power output is stunning. Simply so that generated power can be safely distributed into a power grid designed to operate/ distribute that power with safe and stable continuity. Then you advocate for the most unstable form of mass power generation ever conceived to be dumped into the said power grid. How does that square Turbguy...how does that work?
  32. 1 point
    https://www.insidehook.com/electric/tesla-cybertruck-executives-exit-bad-week Rumored Cybertruck Delays and Executive Exits Have Tesla’s Week Off to a Terrible Start And yes, it's only Monday BY TOBIAS CARROLL April 15, 2024 11:33 am Tesla's week is off to a challenging start. Tesla In retrospect, maybe the news that Tesla had been putting money into an area it had historically avoided — namely, advertising — was a clue that all was not well in Elon Musk’s EV empire. Over the weekend, ominous news clung to Tesla like mud to a Cybertruck that’s been off-roading. The first piece of news came from Investors Business Daily, which cited “social media chatter” to the effect that Tesla had temporarily paused deliveries of its Cybertruck. The rumored issue had to do with the vehicle’s accelerator — something that’s pretty high on the list of things you need to work without question on any vehicle. Unfortunately for the automaker, that wasn’t the only piece of bad news on the horizon. On Monday morning, Reuters reported that Tesla planned to lay off over 10% of its workforce globally. Two high-ranking executives — Drew Baglino and Rohan Patel, responsible for battery development and business development, respectively — have also announced that they’ve left Tesla, as per Reuters. Musk responded to Baglino’s departure on social media, writing, “Thanks for everything you’ve done for Tesla. Few have contributed as much as you.” Tesla Is Changing Gears on its No-Advertising Strategy The automaker has historically focused on word of mouth sales One analyst cited in Reuters’s reporting, Craig Irwin of Roth Capital, addressed a broader takeaway from the company’s latest move. “Layoffs imply management expects weak demand to persist,” Irwin told Reuters. When it comes to EVs, Tesla is far from the only option available — and while demand for EVs is up in the U.S., it’s still a much smaller piece of the overall automotive market here. That the future of a planned $25,000 EV from Tesla is ambiguous is another mixed signal from the automaker. It may leave you wondering how many of the issues facing Tesla right now could have been preventable. More Like This
  33. 1 point
    expansion in sales....contraction in sales.... you 2 are arguing about how to gauge growth???? as positive or if a negative can occur???? Debating if a dead horse is just not a live horse is all you 2 have ?????? Ugghhhhhhhhhh did you argue like this when you were employed in Government???? Life is too short
  34. 1 point
    Do further clarify, you can never have negative sale growth. As a thought experiment imagine a world where all EV sales stop instantly. Not a single EV is ever sold again. What would be the EV sales growth that year? The answer would be zero growth - not negative.
  35. 1 point
    I already explained how that is not a downward trend. +60, +31, +21, +19. Very clear, sustainable growth.
  36. 1 point
    Fossil fuels continue to rule.????? not anymore.............. Dinosaurs used to rule the entire earth.......... not anymore.............. we are now in the SOLAR/BATTERY AGE coal age is dying fast China has lots of dinosaurs ....in 2023 the hunt started on coal generated power on a massive scale 2024 is shaping up to be a 50 % increase in solar over 2023...Can you say 500 GW????? try mumbling it 2023 a 50 percent Global increase over 2022...China doubled 2022 What are the solar projections for 2024? The EIA report said the U.S. could add 62.8 GW of new power capacity in 2024, a 55% jump over the 40.4 GW added a year ago. Solar power paired with battery energy storage is expected to account for 81% of new U.S. generation capacity.Feb 19, 2024 EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. ...
  37. 1 point
    I didnt! I said China made up 95% of the growth so that would equate nearer the 2% mark, which you then confirmed just now!! Can you read your own post below??? Ive highlighted the 2% for you in case you miss it again!
  38. 1 point
    Here we go, the shape of things to come. The dreaded "driving bans" to shut down all traffic. The ultimate result of all the mindless hysteria over climate. https://www.politico.eu/article/germany-climate-cars-volker-wissing-minister-suggests-indefinite-driving-bans-on-weekends/ "A reduction in traffic to help meet the climate goals would only be possible through measures that are difficult to communicate to the public, such as “comprehensive and indefinite driving bans on Saturdays and Sundays,” Wissing added."
  39. 1 point
    Very next post Wow which is it Eco 7% or 1.5% Maybe its actually this as China accounted for 95% of all the coal fired generation increase globally. In China, 47.4GW of coal power capacity came online in 2023, GEM says. This increase accounted for two-thirds of the global rise in operating coal power capacity, which climbed 2% to 2,130GW Once the mega renewable projects come on stream these coal plants will be stranded assets.
  40. 1 point
    China really arent messing around here are they!
  41. 1 point
    The China Photovoltaic Industry Association expects 190 to 220 gigawatts of additions in 2024, Chairman Wang Bohua said at the group's annual conference in Beijing on Wednesday, likely matching last year's record of 217 gigawatts.Feb 27, 2024 https://www.bloomberg.com/news/articles/2024-02-28/china-s-solar-installations-seen-remaining-near-record-in-2024 China Solar Installations Seen Remaining Near Record in 2024 China's wind and solar power generation capacity to ... South China Morning Post https://www.scmp.com › business › article › chinas-win... Feb 1, 2024 — The share of wind and solar power will rise to 40 per cent of China's total installed power generation capacity by the end of 2024, ... China's wind, solar capacity forecast to overtake coal in 2024 Reuters https://www.reuters.com › business › energy › chinas-w... Jan 30, 2024 — China will have built around 1,300 gigawatts (GW) of wind and solar capacity by the end of 2024, the CEC expects, meaning it will have already ... China's solar capacity growth in 2023 sets new record S&P Global https://www.spglobal.com › latest-news › energy-transition Feb 8, 2024 — China added a record 301 GW of renewable power generation capacity including solar, wind and hydro in 2023, accounting for around 59% of the ...
  42. 1 point
    Lets talk powergen in the USA for 2023 shall we? In 2023, about 4,178 billion kilowatthours (kWh) (or about 4.18 trillion kWh) of electricity were generated at utility-scale electricity generation facilities in the United States.1 About 60% of this electricity generation was from fossil fuels—coal, natural gas, petroleum, and other gases. About 19% was from nuclear energy, and about 21% was from renewable energy sources. The U.S. Energy Information Administration estimates that an additional 73.62 billion kWh of electricity generation was from small-scale solar photovoltaic systems in 2023.2 U.S. utility-scale electricity generation by source, amount, and share of total in 2023 Energy source Billion kWh Share of total Total - all sources 4,178 Fossil fuels (total) 2,505 60.0% Natural gas 1,802 43.1% Coal 675 16.2% Petroleum (total) 16 0.4% Petroleum liquids 12 0.3% Petroleum coke 5 0.1% Other gases3 11 0.3% Nuclear 775 18.6% Renewables (total) 894 21.4% Wind 425 10.2% Hydropower 240 5.7% Solar (total) 165 3.9% Photovoltaic 162 3.9% Solar thermal 3 0.1% Biomass (total) 47 1.1% Wood 31 0.8% Landfill gas 8 0.2% Municipal solid waste (biogenic) 6 0.1% Other biomass waste 2 0.1% Geothermal 16 0.4% Pumped storage hydropower4 -6 -0.1% Other sources5 10 0.2% And then oh my Lord look at the decimation of coal fired powergen The average share of electricity generated from coal in the US has dropped from 52.8% in 1997 to 19.7% in 2022. In 2017, there were 359 coal-powered units at the electrical utilities across the US, with a total nominal capacity of 256 GW (compared to 1024 units at nominal 278 GW in 2000). And last year coal fell again to 16.2% Yep coal is indeed dead in the water!
  43. 1 point
    Except for the problem that moving to EVs actually increases the CO2 atmospheric content, which makes that policy extremely foolish and self-defeating.
  44. 1 point
    Also here in Europe I can buy a banger for €500 or less. I can buy my spare parts at any recycling plant for peanuts. But would I want to get my hands dirty, or stand at the side of a motorway due to a leaky cooling system. In short: no. Students can do that, not families. I am surprised to hear that American cars do not depreciate as quickly as in Europe. Why is that? You claim that an 8 year old car still fetches 50% of original sales price. That's a car that will start needing considerable maintenance imminently. Timing belt, suspension, brakes, you name it. Why would people spend that much on an old car? Your story with the Honda Odyssey is great. Most people find that after 12-15 years the cost of repairs outprices the remaining value of the car and they do away with it. Mostly because of manhour rates, not even the parts.
  45. 1 point
    € 580 bn over a period of 7 years is a miniscule € 171 p.p.p.a. If that would be the cost of net zero, we would not need to worry. That's about what the average European spends on healthcare (through taxes and insurance) every 18 days. I would expect to a spend of at least 1 year of GDP (about € 20 Tn) to really make a dent in reducing emissions. But anyway: Note that the cost of importing oil & gas to the EU is about € 500 bn per year. That's the opportunity the EU deals with. If the invested € 580 bn would reduce oil & gas consumption by only 20%, it would be a ridiculously interesting net positive investment within 6 years. With an expected lifetime of the constructed infrastructure of 25 years it would have a ROI of over 3.
  46. 1 point
    China's economy has cratered this year??????? Ignorance?? yep you sure are the king of it the only thing cratering in China these days is Oil Demnad Reuters Goldman Sachs lifts China 2024 growth forecast to 5.0% Goldman Sachs has raised its forecasts for China's year-on-year economic growth for the first quarter and the full year of 2024 due to the... . 4 days ago Bloomberg Goldman Boosts China Growth Forecast After Strong Manufacturing Data Goldman Sachs Group Inc. and Morgan Stanley raised their outlook for China's economic growth this year as factory activity and exports... . 4 days ago South China Morning Post China is aiming to keep growth at 5% in 2024. Are the odds in its favour? Beijing has defended China's ambitious goal of growing the economy by 'around 5 per cent' this year, insisting it matches the potential for... . 3 days ago you really are a clueless wonder Reuters China's 2023 GDP shows patchy economic recovery, raises case for stimulus BEIJING, Jan 17 (Reuters) - China's economy grew 5.2% in 2023, slightly more than the official target, but the recovery was far shakier than... . Jan 16, 2024 China Daily Let misjudgements be, China is still on a growth track The Chinese economy withstood pressures both at home and overseas to grow 5.2 percent year-on-year in 2023. The additional economic girth... . 4 hours ago Al Jazeera China posts sluggish GDP growth in 2023, population declines again Official data shows GDP was 5.2 percent in 2023
  47. 1 point
    Chinese coal expansion proceeds forward at a record pace. https://oilprice.com/Energy/Coal/Record-Surge-in-Global-Coal-Capacity-Led-by-China.html "Last year, global operating coal capacity increased by 2% as the world added a total of 69.5 gigawatts of coal fired power. Worldwide, coal-fired power plant retirements were only 21.1 GW in 2023—the lowest capacity retired since 2011."
  48. 1 point
    Why do you think this is being built?? China’s MASSIVE Desert Project Is About To Change The World China’s MASSIVE Desert Project Is About To Change The World - Undecided with Matt Ferrell (undecidedmf.com) Is it because its uneconomic?? clearly not! Is it because its clean energy??? Yes Do they have to pay other countries like Russia for their energy??? NO Does it help give China energy security??? Yes If you think coal is the future in China then please raid your piggy bank and invest all you have in it, put your money where your mouth is!
  49. 1 point
    Ahh The IEA and "estimates" Great info lol
  50. 1 point
    We are examining your side, exemplified by the White House campaign to remove CO2 from the atmosphere. The point is that the current Biden policies, as exposed above, will actually increase atmospheric CO2. That is not what the Prez is trying to do, he would have been truer to his cause if he had left things alone. See the point?