GREEN NEW DEAL = BLIZZARD OF LIES

[ronwagn + 6,290]

17 hours ago, turbguy said:

Ahhh...

Because there's this installed base of stuff that is still dependent on FF.

It ain't hard, just currently being installed.  Give it some time.

 

 

An awful lot of time and an awful lot of money, so it must go slowly or will harm the economy through inflation, higher taxes, etc. 

 

[Ecocharger + 1,375]

The costs of Green transition go beyond the input prices into the Green sector, the whole economy is impacted with higher consumer prices. The standard of living for poor people will be impacted the most.

https://oilprice.com/Energy/Gas-Prices/The-True-Cost-Of-The-Energy-Crisis-Is-Yet-To-Be-Seen.html

"The European Commission presented on October 13 a toolbox to address soaring energy prices, yet this “does not solve the immediate crisis,” Fertilizers Europe said. 

“Surging energy prices lead to reduced fertilizer production, higher input costs for farmers, and in turn food price spike. But fertilizer industry is not just about food for plants. Our industry is also a key supplier of AdBlue for heavy weight vehicles, CO2 supply for meat and beverage industries to name the few,” said Jacob Hansen, Director General at Fertilizers Europe.

China, for its part, is said to have started to restrict, or at least closely monitor, its exports of fertilizers, which additionally tightens global supply and could lead to additional price shocks for food. 

Tightening global fertilizer supply will not spare U.S. farmers, either, analysts say. Corn, wheat, and oats crops are sensitive to the amount of fertilizer used. In addition, more expensive—and a tighter supply of—corn, for example, would raise the price of ethanol used for blending into gasoline as per the U.S. Renewable Fuel Standard (RFS). 

All in all, the record-high natural gas prices will raise heating bills this winter, steak prices next spring, and fuel prices next summer.  "

Edited October 27, 2021 by Ecocharger

[Jay McKinsey + 1,489]

China installs 12.55GW of solar in Q3 2021 as distributed PV leads the way

China installed 25.56GW of new solar installations in the first nine months of 2021, with distributed installations accounting for nearly two-thirds (64.2%) of installs in the year to date.

Figures published by China’s National Energy Administration (NEA) earlier this week revealed that of the 25.56GW of solar installed in Q1 – Q3 2021, around 9.15GW was centralised utility-scale solar PV while 16.4GW was distributed solar.

https://www.pv-tech.org/china-installs-12-55gw-of-solar-in-q3-as-distributed-pv-leads-the-way/

[turbguy + 1,391]

6 hours ago, ronwagn said:

An awful lot of time and an awful lot of money, so it must go slowly or will harm the economy through inflation, higher taxes, etc. 

 

True.  It must be measured with industry capabilities.

New FF Power plants take an awful lot of time and awful lot of money as well.

New Nuc plants take an awful, awful amount of both, too.

I don't see any new coal plants being built.

Instead, I see more being retired, or announced to be retired, every month.

For instance:  https://www.insideindianabusiness.com/story/45019520/nipsco-refines-timeline-for-coal-plant-retirement

Nat gas must be used in the meanwhile, while storage is built and installed.

Preferably, at the sites of old coal plants.

Reaiize the earth does not care a whit about inflation, higher taxes, etc.

 

Edited October 28, 2021 by turbguy

[Ecocharger + 1,375]

5 hours ago, Jay McKinsey said:

China installs 12.55GW of solar in Q3 2021 as distributed PV leads the way

China installed 25.56GW of new solar installations in the first nine months of 2021, with distributed installations accounting for nearly two-thirds (64.2%) of installs in the year to date.

Figures published by China’s National Energy Administration (NEA) earlier this week revealed that of the 25.56GW of solar installed in Q1 – Q3 2021, around 9.15GW was centralised utility-scale solar PV while 16.4GW was distributed solar.

https://www.pv-tech.org/china-installs-12-55gw-of-solar-in-q3-as-distributed-pv-leads-the-way/

Trouble ahead for renewables,

"The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for 2022, a Rystad Energy analysis shows. Commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancelation of some of these projects, impacting demand and consumer pricing for solar-generated power. Driven by core component price inflation, manufacturing costs for PV modules have surged from below $0.20 per watt peak (Wp) in 2020 to between $0.26 and $0.28 per Wp in the second half of 2021 – a near 50% increase in a year. A significant driver of this surge is a more than 300% hike in the cost of polysilicon, a core component in PV manufacturing. In addition, other raw materials – silver, copper, aluminum and glass – have also climbed steadily since January 2020, increasing the pressure on module prices. "The utility solar industry is facing one of its toughest challenges just days ahead of COP26. The current bottlenecks are not expected to be relieved within the next 12 months, meaning developers and offtakers will have to decide whether to reduce their margins, delay projects or increase offtake prices to get projects to financial close," says David Dixon, senior renewables analyst at Rystad Energy."

[Rob Plant + 2,605]

3 hours ago, turbguy said:

I don't see any new coal plants being built.

Hmmm I do

Here's quite a few!

https://e360.yale.edu/features/despite-pledges-to-cut-emissions-china-goes-on-a-coal-spree

And plans for more!

https://time.com/6090732/china-coal-power-plants-emissions/

Five Asian countries account for 80% of new coal power investment

China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units

https://www.theguardian.com/environment/2021/jun/30/five-asian-countries-80-percent-new-coal-power-investment

Let me be clear I am not a fan of coal at all, but it isnt going away for a long long time

Edited October 28, 2021 by Rob Plant

[turbguy + 1,391]

6 hours ago, Rob Plant said:

Hmmm I do

Here's quite a few!

https://e360.yale.edu/features/despite-pledges-to-cut-emissions-china-goes-on-a-coal-spree

And plans for more!

https://time.com/6090732/china-coal-power-plants-emissions/

Five Asian countries account for 80% of new coal power investment

China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units

https://www.theguardian.com/environment/2021/jun/30/five-asian-countries-80-percent-new-coal-power-investment

Let me be clear I am not a fan of coal at all, but it isnt going away for a long long time

I agree that there's a lot of action overseas.

I give a plant commissioned today about 30 years or less of service.

[Rob Plant + 2,605]

15 minutes ago, turbguy said:

I agree that there's a lot of action overseas.

I give a plant commissioned today about 30 years or less of service.

I'll be either 82 or dead by then so I wont really care 🤣

[Ecocharger + 1,375]

The problem with EVs is that they are not a general solution to anything, they are strictly a small niche faddish device, and not a widespread solution to any climate problem.

Furthermore, the price for a desirable EV is prohibitive for most Americans, and will remain so.

https://oilprice.com/Latest-Energy-News/World-News/The-Worlds-Cheapest-Electric-Vehicle-Is-Coming-To-America.html

“Less than 4 percent of new cars sold in the United States in June were electric,” reports the New York Times, “a far lower rate than in China and Europe, which offer more generous incentives and have stricter auto regulations.”

While the Biden administration has touted lofty goals for growing the domestic EV market, it’s going to be a lot easier said than done. President Biden has said that he wants half of all new car sales in the U.S. to be EVs by the end of the decade. Again, the rate now is under 4%. Achieving goals that ambitious is going to require a lot more than the $7.5 billion for chargers that was finally approved in the bipartisan infrastructure bill, which contains exactly zero expanded incentives for EV sales. 

Making widespread EV adoption a financially viable reality will require sweeping policy reforms and subsidies, a huge inversion into infrastructure such as charging stations and smarter grids, changing consumer demand patterns, and much, much more affordable prices. Enter Changli.

Changli manufactures the cheapest EV in the world. Over a year ago the tiny cars made headlines when they hit Chinese markets at the unbelievable price point of $900. The cars are no longer just $900, especially when delivered to the U.S., but they’re still cheap. Really cheap. And they’ve had a good amount of success in Chinese markets. “Working people in China are attracted to them for one principle reason: These cars are cheap,” writes Electrek. “We’re talking lead-acid batteries, the cheapest plastic dashboard you’ve ever seen, stickers instead of fog lights, and steering that I would describe as having a learning curve.”

Edited October 28, 2021 by Ecocharger

[specinho + 439]

On 10/27/2021 at 10:19 PM, Ecocharger said:

The standard of living for most people in America and Europe will plunge as well, if the Green revolution actually happens.

I am not expecting the Green revolution to happen.

 

mm....... green revolution and standard of living........

caption: green new deals and queue at Book Mart

- a society that reads........ how literates....... But wait............. (what is that, with the red arrow.........??)   😯

- a society that enforces solar, wind and EV.........  How progressive............ But wait..............  ( what makes people queue, when there is less sun beam, no wind nor electricity...........??)   😯

[surrept33 + 609]

2 hours ago, specinho said:

- a society that enforces solar, wind and EV.........  How progressive............ But wait..............  ( what makes people queue, when there is less sun beam, no wind nor electricity...........??)   😯

Energy storage?

[Ecocharger + 1,375]

Biden & Co. are desperately back-tracking on their Green revolution and pleading for help from the oil industry, with gasoline prices surging higher and threatening the success of Democrat chances at the election polls next year. 

What is that old saying, "don't bite the hand that feeds you." A basic political rule which Biden & Co. are now going to school on.

https://www.politico.com/news/2021/10/13/white-house-biden-gas-prices-515957

"Biden came into office promising to accelerate the adoption of electric vehicles and renewables such as solar and wind power. But the White House has made overtures to the oil and gas industry, such as White House climate adviser Gina McCarthy's meeting with members of the American Petroleum Institute. And despite the pause in oil and gas lease sales, the Interior Department has outpaced the Trump administration in approving new permits to drill on public land."

Edited October 28, 2021 by Ecocharger

[Ecocharger + 1,375]

It looks like Coal is not really a pollution problem after all, but is instead a source for the extraction of rare earth metals. There is now a breakthrough technology to solve the problem and utilize coal ash in a productive way.

https://www.eurekalert.org/news-releases/932642

"“Theoretically, an American company could use this technique to mine coal and coal byproducts for rare-earth metals and compete with Chinese mining,” said Xu. Furthermore, for U.S. national security purposes “it is probably reasonable to have alternate sources of rare-earth metals to avoid being at the mercy of a foreign supply.”

Detoxifying coal ash for reuse alone should be worth the effort, Xu said. There’s no shortage of coal ash as a raw material. According to a paper published in 2016 in the journal Environmental Science & Technology, “Approximately 115 million metric tons of coal combustion products are generated annually, and this sum includes 45 million tons of fly ash,” the lightest kind of coal ash.

These numbers remain of interest today, said Xu.

“If we don’t detoxify and reuse the coal ash, then it will be abandoned in ponds and landfills and cost billions of dollars to clean up over the long term,” he said. To help make that outcome less likely, “We expect tests of our extraction techniques at larger volumes and on a variety of coal-based sources in the near future.”

This technology also could open a new avenue for carbon-dioxide reutilization and sequestration, said Xu’s Sandia colleague Mark Rigali, who with Xu is exploring the use of citric acid and supercritical carbon dioxide to mine metals from oil and gas shales that are often rich in metals.

“Using existing oil and gas fracking wells, the citric acid and supercritical carbon dioxide can be used cost-effectively to mine metals while disposing of carbon dioxide below ground,” Rigali said.

Subsurface storage of the carbon dioxide should keep it from entering the atmosphere and contributing to climate change, Rigali said.

 

Edited November 15, 2021 by Ecocharger

[Boat + 1,315]

3 hours ago, Ecocharger said:

Biden & Co. are desperately back-tracking on their Green revolution and pleading for help from the oil industry, with gasoline prices surging higher and threatening the success of Democrat chances at the election polls next year. 

What is that old saying, "don't bite the hand that feeds you." A basic political rule which Biden & Co. are now going to school on.

https://www.politico.com/news/2021/10/13/white-house-biden-gas-prices-515957

"Biden came into office promising to accelerate the adoption of electric vehicles and renewables such as solar and wind power. But the White House has made overtures to the oil and gas industry, such as White House climate adviser Gina McCarthy's meeting with members of the American Petroleum Institute. And despite the pause in oil and gas lease sales, the Interior Department has outpaced the Trump administration in approving new permits to drill on public land."

Lol. I been telling you FF would not be hurt by Biden when you were crying about It months ago. Hell, Obama was the fracking president. We still flare away in the US. Obama let oil and gas be sold overseas changing a decades old law. But you can’t read charts so there ya go. You read disinformation and regurgitate it. You actually have to follow energy to know it’s politics. The term gas being a bridge fuel was their cover. 

[Boat + 1,315]

On 10/27/2021 at 1:37 PM, Ecocharger said:

OPEC is not going to help Biden & Co. escape from this self-created Green energy crisis.

https://www.reuters.com/business/energy/opec-comfortable-with-rising-price-trend-kemp-2021-10-26/

"Producers have revealed a preference for risking prices rising even further, rather than falling back, implying they are comfortable with a rising price trend, which is helping guide the market higher. OPEC+ and its forerunners have historically opted for output policies that maximise short-term revenues, except during periodic volume wars, so the preference for higher prices is not surprising. Producers would rather risk over-tightening the market than allowing prices to fall back ― repeating arguments and decisions seen during previous periods of rapidly rising prices in 2007/08, 2010/11 and 2017/18. In this instance, producers will continue to limit output and enjoy higher revenues, blaming higher prices on the pandemic, uncertain economic outlook, and investment decisions related to the transition to a future energy system."

And once the frackers make a huge dent in the market OPEC/Russia will probably overproduce to attempt to drive them out. It’s Groundhog Day all over again. 

[Boat + 1,315]

On 10/27/2021 at 1:36 PM, Ecocharger said:

That 50% who voted Biden & Co. are the ones getting shafted by Green energy policy, they are the ones who rely on internal combustion engines to move their second-hand vehicles. Trouble will happen if they are betrayed by their political masters. Watch for that to happen very soon.

So going green is a betrayal by political masters. I get a kick out of you wing nuts. 

[snedunuri 0]

Whoa, getting a whole slew of things off of our chest are we? While disparaging the green new deal, why not take a swipe at AOC, and Sanders and let's just throw in a swipe at the Iran nuclear deal for good measure. There's too much in here to respond to, So let me focus on the main gripe in here: while a 50% reduction by 2030 is almost certainly not going to happen, It is economically feasible to get close to that (say 40%), with a combination of reductions in electricity generation, vehicle emissions, and building efficiency. And no you won't have to go without your AC in the Texas summer (a common FUD scare tactic spouted by detractors). In fact the question is not whether we can feasibly do it but whether we have the political will to do it. 

[Ecocharger + 1,375]

14 hours ago, Boat said:

So going green is a betrayal by political masters. I get a kick out of you wing nuts. 

Betrayal is a good word. The politicians promised an easy transition to electric, and this is what happens, a huge loss to the standard of living of those who voted the Biden & Co.. into office. Watch for political repercussions going forward.

The crisis has already hit in Britain.

https://oilprice.com/Latest-Energy-News/World-News/Truly-Dark-Day-For-Drivers-UK-Gasoline-Prices-Soar-To-Record-High.html

"The big question now is: where will it stop and what price will petrol hit? If oil gets to $100 a barrel, we could very easily see the average price climb to 150p a liter.

"Even though many people aren't driving quite as much as they have in the past due to the pandemic, drivers tell us they are more reliant on their cars now than they have been in years, and many simply don't have a choice but to drive.

"There's a risk those on lower incomes who have to drive to work will seriously struggle to find the extra money for the petrol they so badly need.

"We urge the government to help ease the burden at the pumps by temporarily reducing VAT, and for the biggest retailers to bring the amount they make on every liter of petrol back down to the level it was prior to the pandemic."

 

Edited October 29, 2021 by Ecocharger

[Ecocharger + 1,375]

The wild schemes to ban fossil fuels have already infected the political culture here, with a political witch hunt bursting into Congress just in time for Halloween. These politicians should get their facts straight before they start upending the Constitution rights of free scientific enquiry. This is looking like an attempt to discourage freedom of thought, a clear breech of fundamental rights, and an attempt to bridle scientific research.

Whenever scientific research is being branded by political leaders as "disinformation", because it supposedly upsets a non-existent "scientific consensus", then the science misunderstanding of the political class is clearly on display. Science does not work by "consensus", science is a methodology to test hypotheses, and it usually challenges the "consensus".

https://oilprice.com/Latest-Energy-News/World-News/Congress-Threatens-Big-Oil-With-Subpoenas-For-Alleged-Disinformation.html

Edited October 30, 2021 by Ecocharger

[ronwagn + 6,290]

On 10/27/2021 at 6:47 PM, Jay McKinsey said:

China installs 12.55GW of solar in Q3 2021 as distributed PV leads the way

China installed 25.56GW of new solar installations in the first nine months of 2021, with distributed installations accounting for nearly two-thirds (64.2%) of installs in the year to date.

Figures published by China’s National Energy Administration (NEA) earlier this week revealed that of the 25.56GW of solar installed in Q1 – Q3 2021, around 9.15GW was centralised utility-scale solar PV while 16.4GW was distributed solar.

https://www.pv-tech.org/china-installs-12-55gw-of-solar-in-q3-as-distributed-pv-leads-the-way/

 

https://www.pv-tech.org/more-than-half-of-2022s-planned-pv-projects-at-risk-of-delay-or-cancellation-new-analysis-claims/ Regarding USA 

[Ecocharger + 1,375]

Here is what happens when a misguided government follows defective climate models into self-strangulated economic policies. Disaster for the poorer folks who voted those guys into office.

https://oilprice.com/Energy/Natural-Gas/US-Propane-Prices-Start-Winter-Heating-Season-At-10-Year-High.html

"High U.S. retail energy prices, many of which are already at multi-year highs, will result in much higher residential energy bills for Americans this winter, the EIA said in its Winter Fuels Outlook earlier this month.

Compared with last winter’s heating costs, EIA expects U.S. households will spend 54 percent more for propane, 43 percent more for heating oil, 30 percent more for natural gas, and 6 percent more for electric heating. If winter temperatures are colder than expected, U.S. households will spend even more on heating bills.

For the 5 percent of U.S. households that heat primarily with propane, the average spending will soar by 94 percent in a colder-than-expected winter, the EIA said."

Edited October 30, 2021 by Ecocharger

[Ecocharger + 1,375]

The purveyors of the Green revolution fail to understand that the economy is a tightly-woven inter-related organism, cutting off energy supplies does more than just hurt fossil fuels, it also damages the rest of the activity which provides for the support of human life. Like steel, for example.

https://oilprice.com/Metals/Commodities/The-Global-Energy-Crunch-Has-Sent-Steel-Production-Crashing.html

"September global crude steel production fell to 144.4 million metric tons, the World Steel Association reported this week.

Metals producers around the world have felt the burden of rising energy costs, as we’ve noted in previous articles. Zinc prices, for example, have since retraced but earlier this month soared to 14-year highs. Belgian zinc producer Nyrstar said it would slash production in response to rising energy costs.

As for steel, September output declined from 154.4 million metric tons the previous month. Meanwhile, output declined by 8.9% on a year-over-year basis.

Top producer China saw its output fall from 83.2 million metric tons to 73.8 million metric tons in September."

Edited October 30, 2021 by Ecocharger

[ronwagn + 6,290]

On 10/27/2021 at 4:53 PM, Ecocharger said:

They are betting that people will not sacrifice their SUVs, that demand for those is not very elastic with respect to price. Most people in our area drive SUVs, don't see many sedans.

There are lots of pickup trucks around the country too. 

[Ecocharger + 1,375]

There is a recipe for disaster in place in Europe, thanks to the Green revolution, as the probability of a cold winter would produce widespread catastrophe. The Greens have no sense of planning.

https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Prices-Could-Soar-Even-Higher-As-Europe-Braces-For-A-Cold-Winter.html

"This winter, unlike last winter, major LNG buyers such as Japan and South Korea have moved to secure more supply and be prepared if this winter is as cold as the previous one. 

As a result, "Europe has had less free flowing supply to replenish gas storage, and now the region is heading into winter with storage only 71% full, BloombergNEF estimates, compared to the five-year seasonal norm of 92%," BNEF said in an analysis this week. 

In this situation of low gas inventories and an already tight gas market, a colder winter could send Europe's gas prices soaring to new record highs in coming months, accelerate the rush to coal and oil products, and leave Europe with no gas in storage at the end of the heating season. This would support high gas prices through 2022 as the continent will have to replenish supply before the next winter comes. "

Edited October 30, 2021 by Ecocharger

[Eyes Wide Open + 3,537]

1 hour ago, Ecocharger said:

There is a recipe for disaster in place in Europe, thanks to the Green revolution, as the probability of a cold winter would produce widespread catastrophe. The Greens have no sense of planning.

https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Prices-Could-Soar-Even-Higher-As-Europe-Braces-For-A-Cold-Winter.html

"This winter, unlike last winter, major LNG buyers such as Japan and South Korea have moved to secure more supply and be prepared if this winter is as cold as the previous one. 

As a result, "Europe has had less free flowing supply to replenish gas storage, and now the region is heading into winter with storage only 71% full, BloombergNEF estimates, compared to the five-year seasonal norm of 92%," BNEF said in an analysis this week. 

In this situation of low gas inventories and an already tight gas market, a colder winter could send Europe's gas prices soaring to new record highs in coming months, accelerate the rush to coal and oil products, and leave Europe with no gas in storage at the end of the heating season. This would support high gas prices through 2022 as the continent will have to replenish supply before the next winter comes. "

It appears to be quite likely the Green Revolution is headed for another  major speed bump...frankly it may well end the Green New Deal. With all the turmoil the Biden admin is creating in this country here comes a hammer....

 

International opposition mounts over proposed U.S. EV tax credit

https://finance.yahoo.com/news/international-opposition-mounts-proposed-u-181311123.html

A group of 25 ambassadors to Washington wrote U.S. lawmakers and the Biden administration late Friday saying "limiting eligibility for the credit to vehicles based on their U.S. domestic assembly and local content is inconsistent with U.S. commitments made under WTO multilateral agreements."

 

The U.S. Congress is considering a new $12,500 tax credit that would include $4,500 for union-made U.S. electric vehicles and $500 for U.S.-made batteries. Only U.S. built vehicles would be eligible for the $12,500 credit after 2027, under a House proposal released this week.

Canada and Mexico have issued separate statements in the last week opposing the plan. The U.S. State Department declined to comment Saturday and the White House did not immediately respond to a request for comment.

Edited October 31, 2021 by Eyes Wide Open