GREEN NEW DEAL = BLIZZARD OF LIES

[notsonice + 1,062]

36 minutes ago, turbguy said:

I gotta admit, it makes little sense to heat a space with electricity, if that electricity is sourced from a heat engine, where at least 50% of the original energy is thrown away to start with.   Even using a heat pump makes little sense with that source.

Space heat is much easier when done with combustion, although a secure cask of spent fuel from a nuc reactor is an option that would do the trick, too.

[Ecocharger + 1,374]

13 hours ago, Jay McKinsey said:

Tesla is crushing it in the US new car market.

But they might get crushed by luxury taxes going forward.

[Ecocharger + 1,374]

Biden & Co. are still pleading with oil-producing countries to increase oil production. This is a self-inflicted fuel crisis partly due to the new administrations' Green policies. It is time to look into the mirror.

https://oilprice.com/Energy/Crude-Oil/Biden-Administration-Begs-OPEC-For-More-Oil.html

"The Biden administration is not giving up on its attempts to convince OPEC that it needs to pump more oil as retail fuel prices remain uncomfortably high across the United States. “We are continuing to press, through member countries — member countries of OPEC, even as we are not a member — to address the supply issue and work to address it here as well,” Press Secretary Jen Psaki said during a briefing at the White House. “I would also note that what we’re also working to address is more of a logistics issue of how we are moving supply around the country, which means there are shortages in some places and not others, and that’s something that we are also working to address,” Psaki also said. “We are certainly well aware of the impact on any increase in gasoline prices or any costs on the American people, and we’re going to use — continue to use every lever at our disposal,” the press secretary added."

Edited October 19, 2021 by Ecocharger

[Jay McKinsey + 1,489]

2 hours ago, Ecocharger said:

But they might get crushed by luxury taxes going forward.

No luxury taxes being proposed in the US. Not to mention that 95% of Tesla sales last quarter were below $70K. 

Edited October 19, 2021 by Jay McKinsey

[Ecocharger + 1,374]

27 minutes ago, Jay McKinsey said:

No luxury taxes being proposed in the US. Not to mention that 99% of Tesla sales last quarter were below $70K. 

There is a 25% luxury tax being applied to the more desirable EV products in Europe and that will eventually hit home in America. 

I guess those hot new EV sales did not include yourself, Jay? You are still sticking with the smart option, the internal combustion engine, like the rest of  us intelligent folks.

By the way, that chart of yours has nothing to do with sales volumes, just PERCENT change, which is higher for low volume producers. It's called "lying with statistics", a fine art indeed.

Edited October 19, 2021 by Ecocharger

[Jay McKinsey + 1,489]

14 minutes ago, Ecocharger said:

There is a 25% luxury tax being applied to the more desirable EV products in Europe and that will eventually hit home in America. 

I guess those hot new EV sales did not include yourself, Jay? You are still sticking with the smart option, the internal combustion engine, like the rest of  us intelligent folks.

There is a luxury tax being proposed, not applied, in one country, Norway, which is not even part of the EU.  The US is quite averse to luxury taxes, if you were an economist you would know that.

Luxury EVs might be the most desirable but they are a small part of the market on a unit basis. The Norway luxury tax does not apply to 95% of EVs sold in the country. 

Actually EVs have been exempt from the existing luxury tax on ICE cars in Norway and the proposal is to eliminate this exemption. https://www.whichcar.com.au/car-news/norway-proposes-luxury-car-tax

Edited October 19, 2021 by Jay McKinsey

[turbguy + 1,391]

1 hour ago, Ecocharger said:

By the way, that chart of yours has nothing to do with sales volumes, just PERCENT change, which is higher for low volume producers. It's called "lying with statistics", a fine art indeed.
 

True, to a degree.

That said, can you show me any other automaker (that sells in model volumes of over 10,000 per year) that has an actual order backlog of over 6 MONTHS PLUS??

 

[Jay McKinsey + 1,489]

1 hour ago, Ecocharger said:

 

By the way, that chart of yours has nothing to do with sales volumes, just PERCENT change, which is higher for low volume producers. It's called "lying with statistics", a fine art indeed.

Really? I'm glad you brought that up. Because Tesla is now outselling Lexus, BMW, Mercedes, Dodge, etc. 

[notsonice + 1,062]

4 hours ago, Ecocharger said:

But they might get crushed by luxury taxes going forward.

you are babbling nonsense, if anything the government will toss in more incentives to buy EV's

[Ecocharger + 1,374]

9 hours ago, turbguy said:

True, to a degree.

That said, can you show me any other automaker (that sells in model volumes of over 10,000 per year) that has an actual order backlog of over 6 MONTHS PLUS??

 

Backlogs can be caused by various factors, not just high level of orders. Not always a good thing.

[Ecocharger + 1,374]

8 hours ago, notsonice said:

you are babbling nonsense, if anything the government will toss in more incentives to buy EV's

No, they are going to subject high end EVs to a 25% luxury tax. That will hurt.

[Ecocharger + 1,374]

9 hours ago, Jay McKinsey said:

Really? I'm glad you brought that up. Because Tesla is now outselling Lexus, BMW, Mercedes, Dodge, etc. 

Now you are making me laugh, Jay...all that blab about percentages shows up to mean that Tesla is trailing Toyota, Ford, Honda, Chevrolet, Jeep, Nissan, Hyundai, Kia, Ram, and Subaru in sales volume, and really just a tiny fraction of the top five makers, not really able to tie the shoelaces of the auto giants up there. Looks like the demand for gasoline is on a huge roll going forward in autos!

Edited October 20, 2021 by Ecocharger

[Ecocharger + 1,374]

The demand for oil is on a huge roll, with world markets poised for a surge to the heavens.

https://oilprice.com/Energy/Energy-General/Forget-100-Options-Traders-Now-Betting-On-Oil-Prices-Hitting-200.html

"Oil prices could hit $100 in case of a colder winter, some analysts and investment banks have said in recent weeks.  

Surging natural gas prices, a cold winter, and reopening of international airline travel could push oil prices to $100 per barrel, Bank of America said in early October. But $100 oil could also trigger the next global economic crisis due to the high inflationary pressure, the bank noted. 

Recovering global oil demand could send oil to $100 a barrel at some point at the end of 2022, despite COVID challenges to demand this coming winter, according to one of the world’s largest independent oil traders, Trafigura.

However, $100 oil—or even $85-plus oil—has its downsides for both producers and consumers. It could trigger demand destruction as it raises crude import bills and refining costs for oil importers. Rallying oil prices will also push already high inflation in many markets even higher, threatening the path of the economic recovery. Most central banks and the Fed continue to see upward inflationary pressure as transitory and expect it to go away in a few months. "

Edited October 20, 2021 by Ecocharger

[Jay McKinsey + 1,489]

1 minute ago, Ecocharger said:

Now you are making me laugh, Jay...all that blab about percentages shows up to mean that Tesla is trailing Toyota, Ford, Honda, Chevrolet, Jeep, Nissan, Hyundai, Kia, Ram, and Subaru in sales volume, and really just a fraction of the top five makers, not really able to tie the shoelaces of the auto giants up there. Looks like the demand for gasoline is on a huge roll going forward in autos.

HaHa, all that blab about percentages tells you who is rocketing to the top and who is sinking to the bottom. Remember, real economists can project growth curves into the future.

[Ecocharger + 1,374]

8 minutes ago, Jay McKinsey said:

HaHa, all that blab about percentages tells you who is rocketing to the top and who is sinking to the bottom. Remember, real economists can project growth curves into the future.

You seem to be out of touch with the numbers, Jay. Oil is hot now for a reason. If EVs were a good bet, you would have bought one for yourself. But you and I were smart enough to stick with the internal combustion engine.

Edited October 20, 2021 by Ecocharger

[Jay McKinsey + 1,489]

1 minute ago, Ecocharger said:

You seem to be out of touch with the numbers, Jay. Oil is hot now for a reason.

You don't understand the economics of disruption. This is a normal stage of the vicious cycle. The market has decided against investing in oil because EVs are a real substitute and thus the price of oil is up which in turn will drive demand for more EVs. 

[notsonice + 1,062]

9 hours ago, Ecocharger said:

No, they are going to subject high end EVs to a 25% luxury tax. That will hurt.

more nonsense , Politicians gain votes from the middle class by buying them with tax subsidies, not tax increases. No politician is going to piss on EV's

[NickW + 2,714]

On 8/29/2021 at 7:55 PM, Jay McKinsey said:

HaHa, England is terrified that Scotland will leave and take all their offshore wind with them. By 2030 Scotland will be 100% renewable and  exporting copious amounts of renewable electricity. By 2040 they are going to be the very wealthy wind powerhouse of Europe:

The Scottish Government plans to increase offshore wind capacity to 11 gigawatts (GW) of energy installed by 2030 – which is, as the government has said, enough to power more than eight million homes.

Currently, Scotland, with a population of around 5.5 million people, has 5.6GW of consented offshore capacity, of which 1GW is operational.

https://www.oedigital.com/news/482966-scotland-sets-11gw-offshore-wind-target

 

Perhaps dilute what you are smoking Jay

The vast majority of UK offshore is in English waters and most forward plans for fix bed offshore are in English waters. 

Seabed conditions off Scotland are far less favourable for offshore wind (much deeper water). Will work well if floating turbines become cost effective, 'if' being the operative term

An independent England is only going to pay Scotland market rate for electricity - it would be no more suckling on the teet of the english taxpayer  for renewables subsidy. They will have to pay to use the english grid to export to the continent. 

[notsonice + 1,062]

6 minutes ago, NickW said:

 

Perhaps dilute what you are smoking Jay

The vast majority of UK offshore is in English waters and most forward plans for fix bed offshore are in English waters. 

Seabed conditions off Scotland are far less favourable for offshore wind (much deeper water). Will work well if floating turbines become cost effective, 'if' being the operative term

An independent England is only going to pay Scotland market rate for electricity - it would be no more suckling on the teet of the english taxpayer  for renewables subsidy. They will have to pay to use the english grid to export to the continent. 

More wind without storage does not solve the problems in the UK. 

 

Electricity system operator, National Grid ESO, reported in its Future Energy Scenarios last year that it expects 10GW of storage capacity would be needed by 2030, rising to about 40GW by 2050.

At the moment there is only 4GW of long duration pumped storage available from four existing pumped storage projects - Cruachan and Foyers in Scotland, and Dinorwig and Ffestiniog in Wales.

 

Those who develope Pumped storage will profit from the wind projects. Right now 3GW is in the planning stages for short of what is really needed. 

1,500MW Coire Glas

450MW Red John project

500 MW expansion of the  Argyll's Cruachan power station

400 MW  project at Glenmuckloch near Kirkconnel

 

[NickW + 2,714]

6 minutes ago, notsonice said:

More wind without storage does not solve the problems in the UK. 

 

Electricity system operator, National Grid ESO, reported in its Future Energy Scenarios last year that it expects 10GW of storage capacity would be needed by 2030, rising to about 40GW by 2050.

At the moment there is only 4GW of long duration pumped storage available from four existing pumped storage projects - Cruachan and Foyers in Scotland, and Dinorwig and Ffestiniog in Wales.

 

Those who develope Pumped storage will profit from the wind projects. Right now 3GW is in the planning stages for short of what is really needed. 

1,500MW Coire Glas

450MW Red John project

500 MW expansion of the  Argyll's Cruachan power station

400 MW  project at Glenmuckloch near Kirkconnel

 

Yes. I suspect pump storage is more likely to be where Scotland can profit supplying power on demand at peak times. 

 

[turbguy + 1,391]

A World's First.  A steel mill runs on solar!

https://www.thedenverchannel.com/news/local-news/colorado-steel-mill-is-now-largely-powered-by-solar-among-the-first-in-the-world

[turbguy + 1,391]

9 hours ago, Ecocharger said:

Backlogs can be caused by various factors, not just high level of orders. Not always a good thing.

Can you show me any other automaker (that sells in model volumes of over 10,000 per year) that has an actual order backlog of over 6 MONTHS PLUS??

 

[notsonice + 1,062]

3 minutes ago, turbguy said:

A World's First.  A steel mill runs on solar!

https://www.thedenverchannel.com/news/local-news/colorado-steel-mill-is-now-largely-powered-by-solar-among-the-first-in-the-world

sorta....

 It is just a large solar farm built next to a steel mill....No storage to save up excess electricity in the day to power the steel mill at night. In effect all steel mills run on some wind and solar as they are all connected to the grid same as the Pueblo mill. Pueblo facility is not the worlds first. The mill  gets it power from the grid and the solar farm sends its power into the grid.

[Rob Plant + 2,600]

UK To Put Nuclear Reactors "At The Heart" Of Its Decarbonization Strategy

https://oilprice.com/Latest-Energy-News/World-News/UK-To-Put-Nuclear-Reactors-At-The-Heart-Of-Its-Decarbonization-Strategy.html

Thank God!!!!

Edited October 20, 2021 by Rob Plant

[Ecocharger + 1,374]

Oil remains the hot product on the market. The frenzied panic over climate alarmism promoted by misguided alarmists ahs restricted oil investment and created a surge in energy prices.

https://oilprice.com/Energy/Oil-Prices/Iraq-Oil-Could-Hit-100-Next-Year.html

"While the Iraqi oil minister doesn’t rule out $100 oil in the first or second quarter of 2022, he warned the market earlier this month that a three-digit oil price would not be sustainable for the OPEC+ coalition, which works for stable and predictable markets. Yet, the Iraqi oil minister is not alone in his prediction that oil could reach $100 early next year. Oil prices could hit $100 in case of a colder winter, some analysts and investment banks have said in recent weeks.   Surging natural gas prices, a cold winter, and reopening of international airline travel could push oil prices to $100 per barrel, Bank of America said in early October. But $100 oil could also trigger the next global economic crisis due to the high inflationary pressure, the bank noted. "

Edited October 20, 2021 by Ecocharger