GREEN NEW DEAL = BLIZZARD OF LIES

[footeab@yahoo.com + 2,132]

20 hours ago, Ecocharger said:

Yes, I heard that old story...we will see what happens, I expect that this whole nonsense will be a mere footnote in history by then.

Actually luxury car makers could easily switch to all electric.  They are never driven anywhere outside a city and are pure symbols of prestige, arrogance, and narcissism, so... May as well go electric.  They are in the business of stroking ego's and telling their customers, Yessss, YOU ARE the SHIT KING!

[Jay McKinsey + 1,489]

7 hours ago, JoMack said:

Looks like old Biden is showing his hand on his cheerleading show "EVs are the future and you will be so grateful you own one" mantra.  

Two months ago he called all of the electric car manufacturers of electric vehicles to meet to discuss future development, manufacturing plans, new technologies but then, -- uh oh, the invite must have been lost since Elon Musk was snubbed.  A little "in your face to the largest EV manufacturer who's autos will not receive any subsidies on car purchases since he's not a union shop.  

So, Elon seems to be a private enterprise, don't screw with me, kind of guy, so will he bend to Biden's will to be able to get the goodies?  So, we actually see the EV Biden fixation is not based on his relentless "clean energy" push, actually turns out to be another controlling government overreach to put power not with the EV manufacturers like Musk but the government.  

So might put a little speed bump on the "do tell, what year are EV ales going to start decreasing"?  Probably, pretty soon since the only successful EV manufacturer known to the public is Tesla.

 

The UAW subsidy is terrible policy but it isn't enough to slow Tesla down. 

[Ecocharger + 1,375]

Biden & Co. have launched a self-inflicted energy crisis by declaring war on energy pipelines and fossil fuels, which in turn will discourage investment into basic energy supplies. This is just the beginning of runaway price increases for energy, because we are entering an inflationary economic program intent on monetizing the prospective government debt burden.

https://oilprice.com/Energy/Oil-Prices/Hyperinflation-Could-Send-Oil-Prices-Above-180-137.html

"...some experts have even made a somewhat roundabout argument that high inflation and a weakening dollar will push oil prices higher and not the other way round. Opportune LLP says the U.S. economy is headed for pandemic-induced hyperinflation, arguing that what took five years to do with the last QE has now been duplicated in less than a year. The analysts say that with such rapid expansion of the money supply, it's only a question of when hyperinflation will hit.

Source: JD Supra The analysts say that their models currently value West Texas Intermediate (WTI) crude oil in the $90/bbl range, good for nearly 16% upside compared to current oil prices.  But here's where it gets interesting: The experts argue that given the government's insatiable appetite for spending, the dollar could be set for massive devaluation that will propel WTI prices north of $180/bbl by the end of 2022. We are not quite sanguine about those ultra-bullish prospects for the simple reason that they would not go down well with the Biden administration. According to petroleum analyst Patrick De Haan of GasBuddy, one-hundred-dollar oil today could get us close to the $4 per gallon mark. The $4 threshold is regarded as an unmistakable pain point for drivers, with $4.17 being the all-time high for gas prices after oil prices hit $145/bbl in the summer of 2008. This is not lost on Republicans, who have again seized the moment and are blaming Biden for rising gas prices. The government still has the option to sell its strategic oil reserves if the oil rally shows no signs of slowing down and if OPEC+ or even U.S. shale producers fail to beat it to the punch, as Pimco analysts recently pointed out.

 

 

Edited October 6, 2021 by Ecocharger

[Ecocharger + 1,375]

1 hour ago, Jay McKinsey said:

The UAW subsidy is terrible policy but it isn't enough to slow Tesla down. 

The 25% luxury tax on EVs will do that.

[Ecocharger + 1,375]

On 10/5/2021 at 9:27 AM, turbguy said:

Then, there is this corroboration to deal with...

"Syukuro Manabe – awarded the 2021 Nobel Prize in Physics – demonstrated how increased levels of carbon dioxide in the atmosphere lead to increased temperatures at the surface of the Earth. His work laid the foundation for the development of current climate models".

 

That has already been dealt with. The problem is that there is no way to distinguish how much of the greenhouse effect is due to CO2 and how much is due to CFC-related gases, some of which are 55,000 times more potent than CO2 as greenhouse gases. The models relied upon for these data fail to separate the two effects, so the models are not functional in an analytical context.

Edited October 6, 2021 by Ecocharger

[Jay McKinsey + 1,489]

8 minutes ago, Ecocharger said:

The 25% luxury tax on EVs will do that.

You mean the luxury tax in Norway that only applies to the few EVs sold that cost more than $70K? That is one small country and the tax doesn't apply to Tesla's big sellers there. Try again.

Edited October 6, 2021 by Jay McKinsey

[Ecocharger + 1,375]

16 hours ago, Jay McKinsey said:

Oh do tell, what year are EV sales going to start decreasing? 

When that 25% luxury tax comes on, watch the sales go down.

[Ecocharger + 1,375]

6 minutes ago, Jay McKinsey said:

You mean the luxury tax in Norway that only applies to the few EVs sold that cost more than $70K? That is one small country and the tax doesn't apply to Tesla's big sellers there. Try again.

Read the article, this idea has legs and will be adopted world wide. The luxury tax applies to the most desirable EVs, so you and I will not be buying an EV in the future. Hang on to your ICE, Jay, that is smart.

Edited October 6, 2021 by Ecocharger

[Jay McKinsey + 1,489]

1 minute ago, Ecocharger said:

Read the article, this idea has legs and will be adopted world wide. The luxury tax applies to the most desirable EVs, so you and I will not be buying an EV in the future.

HaHa, ok, another one of your predictions we can all laugh at as EVs take over the world.

[Andrei Moutchkine + 828]

On 4/28/2021 at 3:22 AM, Ecocharger said:

Low CO2 means mass extinction for you and me, Jay. We know that lower CO2 in the atmosphere means less agricultural productivity and mass famines. We don't know if high CO2 means mass extinction for some marine critters, that is just a wild guess.

Heck no. Some marine critter will simply acquire larger shells. This planet has seen higher CO2 than now.

[Ecocharger + 1,375]

Okay here are the official projections issued by the current administration headed by Biden & Co....hey, what? This sounds like something coming out of the oil & gas lobby groups, not the Green folks of Biden & Co.  Can this be right? 

So we see that oil and gas will continue to increase in size and importance through 2050 and beyond, as the basic bedrock of the energy supply...what do  we have here? An admission that the Green Dream was simply a Green Hoax? Or is the Green theme simply a politically convenient pathway to power? Ah well, you didn't really think that a coherent policy on energy was feasible considering the way politics works, did you? We are stuck in a schizophrenic morass of conflicting policy initiatives.

https://www.eia.gov/todayinenergy/detail.php?id=49856

"Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.
Driven by increasing populations and fast-growing economies, consumption of liquid fuels will grow the most in non-OECD Asia, where total consumption nearly doubles by 2050 from 2020 levels in the Reference case. Because these countries will consume more liquid fuels than they produce in the Reference case, we project that non-OECD Asia will supplement local production with increased imports of crude oil and finished petroleum products. The increased imports will primarily be supported by increased production in the Middle East. In the Reference case, by 2050, non-OECD Asia will become the largest importer of natural gas, and Russia will become the largest net exporter of natural gas."

Edited October 7, 2021 by Ecocharger

[Ecocharger + 1,375]

3 hours ago, Jay McKinsey said:

HaHa, ok, another one of your predictions we can all laugh at as EVs take over the world.

They certainly haven't taken over you, old boy. You are still sticking with your trusty ICE, like me. That is the smart option.

[Ecocharger + 1,375]

The energy crisis has been caused by the transition away from fossil fuels, spurred by panic-stricken and scientifically illiterate government leaders and functionaries. who have been stampeded by irresponsible propaganda into embracing irrational policies.

https://oilprice.com/Energy/Natural-Gas/A-Very-Predictable-Global-Energy-Crisis.html

"The energy crunch has shown in what some would say is an unequivocal way that wind and solar power do not perform on par with coal, oil, or gas. They can't. They depend on the weather. But wind and solar were what the EU, China, and the United States rushed into to replace fossil fuels, and now we are all paying the first installment on that rushed renewables purchase.

"It is a cautionary message about how complex the energy transition is going to be," Daniel Yergin told Bloomberg this week, referring to the energy crunch. Bloomberg, by the way, has been at the forefront of the energy transition coverage, producing a lot of praise for increasingly cheap wind and solar. Apparently, however, they are still not cheap enough or rather, not reliable enough to become cheap enough. But nobody is talking about this.

"It is inaccurate and unfair to explain these high energy prices as a result of clean energy transition policies. This is wrong," said the International Energy Agency's Fatih Birol, echoing a sentiment shared by all green governments. The reason for the sentiment has never been explained, but it might come down to the fact that so much money has been spent on the energy transition already and so much more is slated to be spent, that it would be embarrassing to admit the approach to the transition was sub-optimal.

It is, in fact, entirely accurate and fair to explain the high energy prices as a result of clean energy transition policies. It was these policies that discouraged investment in new oil, gas, and coal production. It was also these policies that led to the shutdowns of coal and nuclear plants that reduced generating capacity that simply cannot be replaced by wind or solar on a MW for MW basis because wind and solar do not generate power continuously. And it is these policies, in Europe, China, North America, and elsewhere that, unless revised to reflect reality a bit better, will condemn billions of people to blackouts, energy shortages, and higher electricity bills."

Edited October 7, 2021 by Ecocharger

[Eyes Wide Open + 3,539]

21 hours ago, Jay McKinsey said:

Oh do tell, what year are EV sales going to start decreasing? 

IN the US? 3 months at best. As to the EU, let them have there frolic with EV'S. One could speculate after the up coming winter KAPUT! Comes to mind.

 

https://insideevs.com/news/537032/dealers-buy-chevy-bolt-buyback/

Some Dealers Are Buying Up Chevy Bolts Hoping For A Buyback

This was unexpected.

So why are some dealers buying up 2021 model year Bolts for more than $28,000, which is more than they retailed for just a few months ago? One dealer who wished to remain anonymous told us, “They [GM] are already going to pay half the value of the car with the new battery. Buybacks will be way cheaper for them.”

Its almost like the twilight zone...one can hardly make this kind of BS up!

https://abcnews.go.com/Business/wireStory/gm-plans-double-revenue-lead-us-electric-vehicles-80435883

GM sets to double revenue, lead US in electric vehicle sales

To get there, CEO Mary Barra said revenue would rise from selling internal combustion vehicles, with additional revenue from adding electric vehicles. GM also plans to raise cash from software and subscription services including insurance and its OnStar safety system, as well as its Cruise autonomous vehicle subsidiary. And executives said it should gain revenue from its defense and BrightDrop commercial vehicle businesses.

Edited October 7, 2021 by Eyes Wide Open

[nsdp + 449]

On 10/3/2021 at 7:05 PM, Ecocharger said:

It was already posted above a few pages back. The NG generators were on the list of electricity cutoffs.

We are going to have to change your ID to horse manure spreader, You have posted links to  teh Friendswood Journal(Link through O&G Links)l and Bloomberg. https://www.bloomberg.com/news/articles/2021-02-20/a-giant-flaw-in-texas-blackouts-it-cut-power-to-gas-supplies . There is no OFFICAL REPORT at freighter the PUCT who posted this to warn every one and with 72 hours notice they still screwed up or the RRCI  the RRC

  Apparently you don't know the difference between  an official record published in the Texas Registerhttps://www.sos.texas.gov/texreg/index.shtml. and some one with link from a local yokel newspaper

[Jay McKinsey + 1,489]

21 minutes ago, Eyes Wide Open said:

IN the US? 3 months at best. As to the EU, let them have there frolic with EV'S. One could speculate after the up coming winter KAPUT! Comes to mind.

 

https://insideevs.com/news/537032/dealers-buy-chevy-bolt-buyback/

Some Dealers Are Buying Up Chevy Bolts Hoping For A Buyback

This was unexpected.

So why are some dealers buying up 2021 model year Bolts for more than $28,000, which is more than they retailed for just a few months ago? One dealer who wished to remain anonymous told us, “They [GM] are already going to pay half the value of the car with the new battery. Buybacks will be way cheaper for them.”

 

Another hilarious prediction we can laugh at in a few months. Tesla Texas will be online in 3 months and the big debate is about whether it can build just 2 or as many as 3 million cars a year.

[ronwagn + 6,290]

7 hours ago, Ecocharger said:

Biden & Co. have launched a self-inflicted energy crisis by declaring war on energy pipelines and fossil fuels, which in turn will discourage investment into basic energy supplies. This is just the beginning of runaway price increases for energy, because we are entering an inflationary economic program intent on monetizing the prospective government debt burden.

https://oilprice.com/Energy/Oil-Prices/Hyperinflation-Could-Send-Oil-Prices-Above-180-137.html

"...some experts have even made a somewhat roundabout argument that high inflation and a weakening dollar will push oil prices higher and not the other way round. Opportune LLP says the U.S. economy is headed for pandemic-induced hyperinflation, arguing that what took five years to do with the last QE has now been duplicated in less than a year. The analysts say that with such rapid expansion of the money supply, it's only a question of when hyperinflation will hit.

Source: JD Supra The analysts say that their models currently value West Texas Intermediate (WTI) crude oil in the $90/bbl range, good for nearly 16% upside compared to current oil prices.  But here's where it gets interesting: The experts argue that given the government's insatiable appetite for spending, the dollar could be set for massive devaluation that will propel WTI prices north of $180/bbl by the end of 2022. We are not quite sanguine about those ultra-bullish prospects for the simple reason that they would not go down well with the Biden administration. According to petroleum analyst Patrick De Haan of GasBuddy, one-hundred-dollar oil today could get us close to the $4 per gallon mark. The $4 threshold is regarded as an unmistakable pain point for drivers, with $4.17 being the all-time high for gas prices after oil prices hit $145/bbl in the summer of 2008. This is not lost on Republicans, who have again seized the moment and are blaming Biden for rising gas prices. The government still has the option to sell its strategic oil reserves if the oil rally shows no signs of slowing down and if OPEC+ or even U.S. shale producers fail to beat it to the punch, as Pimco analysts recently pointed out.

We are glad we have a Mitsubishi Mirage in our three vehicle stable. 😊

 

 

 

[ronwagn + 6,290]

3 hours ago, Ecocharger said:

Okay here are the official projections issued by the current administration headed by Biden & Co....hey, what? This sounds like something coming out of the oil & gas lobby groups, not the Green folks of Biden & Co.  Can this be right? 

So we see that oil and gas will continue to increase in size and importance through 2050 and beyond, as the basic bedrock of the energy supply...what do  we have here? An admission that the Green Dream was simply a Green Hoax? Or is the Green theme simply a politically convenient pathway to power? Ah well, you didn't really think that a coherent policy on energy was feasible considering the way politics works, did you? We are stuck in a schizophrenic morass of conflicting policy initiatives.

https://www.eia.gov/todayinenergy/detail.php?id=49856

"Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.
Driven by increasing populations and fast-growing economies, consumption of liquid fuels will grow the most in non-OECD Asia, where total consumption nearly doubles by 2050 from 2020 levels in the Reference case. Because these countries will consume more liquid fuels than they produce in the Reference case, we project that non-OECD Asia will supplement local production with increased imports of crude oil and finished petroleum products. The increased imports will primarily be supported by increased production in the Middle East. In the Reference case, by 2050, non-OECD Asia will become the largest importer of natural gas, and Russia will become the largest net exporter of natural gas."

We have a lot of education to do before the next election in 2020, but many minds will be ripe for degreening as they gas up weekly and watch their natural gas and electricity prices rise soon. Not to mention paying a lot more for everything else and having trouble shopping due to supply chain shortages. 

They will also be learning that only the Western countries are investing in the Green Dream and their taxes are supporting the whole thing.

 

Here are the real facts about what the world uses for energy. 

https://en.wikipedia.org/wiki/World_energy_supply_and_consumption

Edited October 7, 2021 by ronwagn
reference

[Eyes Wide Open + 3,539]

3 hours ago, Jay McKinsey said:

Another hilarious prediction we can laugh at in a few months. Tesla Texas will be online in 3 months and the big debate is about whether it can build just 2 or as many as 3 million cars a year.

Bandaid after bandaid. It is truly sad green energy does not have your energy.

[Jay McKinsey + 1,489]

16 minutes ago, Eyes Wide Open said:

Bandaid after bandaid. It is truly sad green energy does not have your energy.

A factory that can produce between 2 and 3 million EVs a year about to come online and you call it a bandaid. You are precious. 

[notsonice + 1,068]

5 hours ago, ronwagn said:

We have a lot of education to do before the next election in 2020, but many minds will be ripe for degreening as they gas up weekly and watch their natural gas and electricity prices rise soon. Not to mention paying a lot more for everything else and having trouble shopping due to supply chain shortages. 

They will also be learning that only the Western countries are investing in the Green Dream and their taxes are supporting the whole thing.

 

Here are the real facts about what the world uses for energy. 

https://en.wikipedia.org/wiki/World_energy_supply_and_consumption

We have a lot of education to do before the next election in 2020????..............Do you have a time machine????

[Eric Gagen + 713]

12 hours ago, Eyes Wide Open said:

IN the US? 3 months at best. As to the EU, let them have there frolic with EV'S. One could speculate after the up coming winter KAPUT! Comes to mind.

 

https://insideevs.com/news/537032/dealers-buy-chevy-bolt-buyback/

Some Dealers Are Buying Up Chevy Bolts Hoping For A Buyback

This was unexpected.

So why are some dealers buying up 2021 model year Bolts for more than $28,000, which is more than they retailed for just a few months ago? One dealer who wished to remain anonymous told us, “They [GM] are already going to pay half the value of the car with the new battery. Buybacks will be way cheaper for them.”

Its almost like the twilight zone...one can hardly make this kind of BS up!

https://abcnews.go.com/Business/wireStory/gm-plans-double-revenue-lead-us-electric-vehicles-80435883

GM sets to double revenue, lead US in electric vehicle sales

To get there, CEO Mary Barra said revenue would rise from selling internal combustion vehicles, with additional revenue from adding electric vehicles. GM also plans to raise cash from software and subscription services including insurance and its OnStar safety system, as well as its Cruise autonomous vehicle subsidiary. And executives said it should gain revenue from its defense and BrightDrop commercial vehicle businesses.

Repeat this slowly after me:  never purchase a vehicle from General Motors.  Their build quality is dubious at best, and they take design and engineering shortcuts to save money It doesn’t matter what the specifications are on paper, because if it comes from GM there is an excellent chance that it won’t meet those specifications, or have other subtle problems that aren’t on the spec sheets.

[turbguy + 1,398]

4 minutes ago, Eric Gagen said:

Repeat this slowly after me:  never purchase a vehicle from General Motors.  Their build quality is dubious at best, and they take design and engineering shortcuts to save money It doesn’t matter what the specifications are on paper, because if it comes from GM there is an excellent chance that it won’t meet those specifications, or have other subtle problems that aren’t on the spec sheets.

Television Crime shows seem to use plenty of black Tahoe's.

[JoMack + 547]

Can't wait for Biden's new wind turbines offshore!  How do you demo 900' turbines in the ocean after 10 years?

Here's 90 - 15 year old Mitsubishi's!  It's beautiful to watch!

 

https://youtu.be/yAETo982JvY

[bloodman33 + 20]

The writing is on the wall.  Eventually oil will go the way of coal, but not now baby.  I'm making money hand over fist (FANG, MTDR, WLL) and I'm going to to vote for Biden, and give money to my honey bunny AOC.  I'm rich!   I'm rich!   I am naked pouring motor oil all over my body and sticking 100 dollar bills on it. Then I am going to run around outside!

I have to admit, I wonder how you old guys on this board still cling to this right wing dogma.  The young guys are just dumb.  But you old farts should know better.  Better to invest in oil, gas, and refineries prior to the jumps then to babble about nonsense.  Babble about oil investments or green investments or lap dancing!