GREEN NEW DEAL = BLIZZARD OF LIES

[Jay McKinsey + 1,489]

43 minutes ago, Ecocharger said:

No, general inflation is not an output supply problem but a monetary issue. When all factors of production are fully employed, which has been the recent situation, the only result which can happen from a massive increase in money supply is a general inflation, which affects all prices and wages, not just particular sectors. Your analysis has been discounted and disproved by the mainstream of economists some decades ago.

Biden & Co. printed too much money and inflated the economy, we are now forced to retract the money supply in an effort to stop inflation from getting out of control.

You obviously never completed a regular economics program.

Supply and demand are certainly concepts that elude you.

Edited July 28, 2022 by Jay McKinsey

[Eyes Wide Open + 3,537]

2 hours ago, Ecocharger said:

but they are not so stupid as to eliminate energy. At some point, the electorates of those nations will return to reality.

Ecocharger you assume far to much..This globalization agenda was designed to weaken resolve of the west, both financially and in spirit. The final blow to the middle class...

Green Energy is merely a distraction while China is on the way to doubling its coal fired power plants..The worlds greatest polluter by far..and in position to supply other countries solar&wind power generation...Guess who will become the worlds dominate manufacturing nation.

Edited July 28, 2022 by Eyes Wide Open

[Ecocharger + 1,375]

4 hours ago, Jay McKinsey said:

Supply and demand are certainly concepts that elude you.

Monetary policy is obviously beyond your educational background.

I witnessed your California sidewalk tent communities last week, a sad result of the California policy of rent controls. 

What do you people learn out there?

Edited July 28, 2022 by Ecocharger

[Ron Wagner + 642]

https://oilprice.com/Energy/Coal/Energy-Market-Madness-Leads-To-Record-Breaking-Coal-Consumption.html

[Boat + 1,315]

2 hours ago, Eyes Wide Open said:

Ecocharger you assume far to much..This globalization agenda was designed to weaken resolve of the west, both financially and in spirit. The final blow to the middle class...

Green Energy is merely a distraction while China is on the way to doubling its coal fired power plants..The worlds greatest polluter by far..and in position to supply other countries solar&wind power generation...Guess who will become the worlds dominate manufacturing nation.

Doubling? Lol They gonna increase Mongolian coal? Manufacturing has gone global with more customers and more types of products. Shipping and handling of products and supply chains will always naturally drive distributed manufacturing. The more the energy costs the less impact cheap labor has. 

Edited July 28, 2022 by Boat

[Jay McKinsey + 1,489]

2 hours ago, Ecocharger said:

Monetary policy is obviously beyond your educational background.

I witnessed your California sidewalk tent communities last week, a sad result of the California policy of rent controls. 

What do you people learn out there?

That rent control helps prevent a worse homeless situation. There is no lack of investment in apartment buildings.

According to your ill informed and naive theses California should have seen a drop in multi family home construction following our state rent control law that went into effect on 1/1/2020.  However, multi-family permits have started to pick up pace since November 2020. This has been particularly true in Southern California. For example, in the San Diego metro area, permits for multi-family homes grew 40% in the first four months of 2021, a much higher rate than permits for single-family homes (8%). In Los Angeles, permits for both single- and multi-family units rose considerably (26% and 23%, respectively). https://www.ppic.org/blog/californias-housing-construction-picks-up-pace/

Oh and monetary policy just isn't the main cause of the inflation we have encountered.

 

Edited July 28, 2022 by Jay McKinsey

[Ecocharger + 1,375]

4 hours ago, Jay McKinsey said:

That rent control helps prevent a worse homeless situation. There is no lack of investment in apartment buildings.

According to your ill informed and naive theses California should have seen a drop in multi family home construction following our state rent control law that went into effect on 1/1/2020.  However, multi-family permits have started to pick up pace since November 2020. This has been particularly true in Southern California. For example, in the San Diego metro area, permits for multi-family homes grew 40% in the first four months of 2021, a much higher rate than permits for single-family homes (8%). In Los Angeles, permits for both single- and multi-family units rose considerably (26% and 23%, respectively). https://www.ppic.org/blog/californias-housing-construction-picks-up-pace/

Oh and monetary policy just isn't the main cause of the inflation we have encountered.

 

"Homes" includes single-room apartments and condo units, so of course you would expect more of those to be on the market than for detached housing. So your percentage numbers are irrelevant to the issue. Sidewalk communities continue to plague L.A. and San Francisco, as I saw just last week, and none of those folks are candidates to buy those new apartment units being built. How many actually show up as buyers for the new units in those permits? None. House prices continue to be out of reach for the street people. Another of your irrelevancies.

Oh, and monetary policy is the cause of the general inflation we are now tackling with restrictive monetary policy and the induced recession, the entire process being attributable to too much money being printed in recent years. Pay attention to the Fed statements.

That's right, you did not get your economics degree, Jay.

Edited July 28, 2022 by Ecocharger

[Andrei Moutchkine + 828]

10 hours ago, Eyes Wide Open said:

Ecocharger you assume far to much..This globalization agenda was designed to weaken resolve of the west, both financially and in spirit. The final blow to the middle class...

Green Energy is merely a distraction while China is on the way to doubling its coal fired power plants..The worlds greatest polluter by far..and in position to supply other countries solar&wind power generation...Guess who will become the worlds dominate manufacturing nation.

The West had any resolve? Resolve to do what? Do tell. This must be ancient history. For as long as I can remember, the West has been trying to score a Darwin award already. The whole reason you ever had a middle class was the Commies. With their alternative proposition of empowering the people working for salary gone, you don't need that anymore. Go work some more to enrich your real masters. Whatever the Chinese are doing isn't even socialism. Did you know that they only give you a government pension if you worked for the government all your life? Otherwise, your eldest (the only, the non-existent) son is supposed to care for you in the old age, feudal-style. This is why it is also obvious that stories of Chinese not breeding like rabbits anymore have been strongly overstated. Some Chinese merely have no official document and don't officially exist. They are all Cheng, for all I know. Incidentally, is a Chinese  man named Cheng or Wong also destined for the life of crime in US. Identity theft, to be specific. There are more official Chengs (Chungs, Changs) than they are people in Indonesia, a rather populous country last I checked. You don't have enough space in your SSN to make a unique key for every one. Don't even get me started on Mr. Kim and Mr. Ng.

[Andrei Moutchkine + 828]

2 hours ago, Ecocharger said:

"Homes" includes single-room apartments and condo units, so of course you would expect more of those to be on the market than for detached housing. So your percentage numbers are irrelevant to the issue. Sidewalk communities continue to plague L.A. and San Francisco, as I saw just last week, and none of those folks are candidates to buy those new apartment units being built. How many actually show up as buyers for the new units in those permits? None. House prices continue to be out of reach for the street people. Another of your irrelevancies.

Oh, and monetary policy is the cause of the general inflation we are now tackling with restrictive monetary policy and the induced recession, the entire process being attributable to too much money being printed in recent years. Pay attention to the Fed statements.

That's right, you did not get your economics degree, Jay.

Single-room apartments? Ha! Get ready for hot-banking in a Japanese-style capsule hotel, serf.

Jay should be an ordained priest, worshiping the gods of electricity. If he looks any good in a pajama party outfit, Zeus will take him in, I hear.

[Andrei Moutchkine + 828]

8 hours ago, Boat said:

Doubling? Lol They gonna increase Mongolian coal? Manufacturing has gone global with more customers and more types of products. Shipping and handling of products and supply chains will always naturally drive distributed manufacturing. The more the energy costs the less impact cheap labor has. 

China is easily self-sufficient in coal, if they really wanted to. Creating jobs for Mongolians is a time-honored Chinese tradition. Otherwise, the Mongols will invade and take over. Again.

The Chinese do not offer cheap labor anymore. Most of the world's manufacturing ain't "distributed" but is specifically Chinese and not going anywhere. Does this surprise you any? There are many, many jobs in US and Europe that are not worthwhile to automate and not going to be anytime soon. AI labor is actually quite expensive and will take out the lawyers and graphic designers making evocative corporate logos reminiscent of a random stain of ink. Book-keepers and their auditors. Insurance actuaries. You get the idea. Blue collar professions doing things with their hands are not really threatened. You can automate a human plumber, but such a robot will cost more than a human plumber makes in a lifetime. Are you hearing this here first?

Edited July 28, 2022 by Andrei Moutchkine

[Andrei Moutchkine + 828]

11 hours ago, Eyes Wide Open said:

Ecocharger you assume far to much..This globalization agenda was designed to weaken resolve of the west, both financially and in spirit. The final blow to the middle class...

Green Energy is merely a distraction while China is on the way to doubling its coal fired power plants..The worlds greatest polluter by far..and in position to supply other countries solar&wind power generation...Guess who will become the worlds dominate manufacturing nation.

I don't believe this! China is already the world's dominant manufacturer of nearly everything! You are not even close. Pick somebody your own size, like Russia. Because Russia produces about as much steel as US, some 70% as much energy and more aluminum, for example. You've got like 10x times as much official GDP, but that's obviously some kind of fraud that is fixing itself as we speak. You've got zilch real economy to show for it. The "advanced service-based post-industrial economy" (of flipping burgers) we heard so much about was pretty much closed worldwide for a couple of years, due to Covid. Did not even make a dent on official stats. How come? Should be some 60% of the "free world" economy gone.

[Eyes Wide Open + 3,537]

1 hour ago, Andrei Moutchkine said:

I don't believe this! China is already the world's dominant manufacturer of nearly everything! You are not even close. Pick somebody your own size, like Russia. Because Russia produces about as much steel as US, some 70% as much energy and more aluminum, for example. You've got like 10x times as much official GDP, but that's obviously some kind of fraud that is fixing itself as we speak. You've got zilch real economy to show for it. The "advanced service-based post-industrial economy" (of flipping burgers) we heard so much about was pretty much closed worldwide for a couple of years, due to Covid. Did not even make a dent on official stats. How come? Should be some 60% of the "free world" economy gone.

I sense a deep insecurity here...

[Andrei Moutchkine + 828]

2 hours ago, Eyes Wide Open said:

I sense a deep insecurity here...

You sense wrong. What you should sense is hard facts,

[Ecocharger + 1,375]

Here is the bottom line for the misbegotten war against fossil fuels....a drastic reduction in the standard of living for all those unfortunate citizens living under a climate panic government.

https://oilprice.com/Energy/Natural-Gas/EU-Members-Urge-Citizens-To-Reduce-Energy-Consumption.html

"In recent weeks, officials from Germany and other EU member states have begun to talk openly and urgently about the need for immediate reductions in consumption in advance of the peak winter heating season.

They have also started to plan publicly for compulsory allocation, including rationing and prioritization among industrial users, as well as sharing among member states in the event there is not enough gas to supply everyone."

Edited July 28, 2022 by Ecocharger

[footeab@yahoo.com + 2,129]

14 hours ago, Ecocharger said:

Monetary policy is obviously beyond your educational background.

I witnessed your California sidewalk tent communities last week, a sad result of the California policy of rent controls. 

What do you people learn out there?

How to lie

[Eyes Wide Open + 3,537]

5 hours ago, Andrei Moutchkine said:

You sense wrong. What you should sense is hard facts,

I find that statement extraordinary, this need to be correct is quite telling.

[Ecocharger + 1,375]

The social cost of the new electric Climate Panic Revolution is much greater than the cost to an individual purchaser of electric gadgets. The governments which subscribe to the Revolution are pouring gigantic subsidies into electric infrastructure, and this public taxpayer expenditure should be  included in the overall assessment of costs. Even with massive government subsidies, the costs do not make sense for individual providers.

https://oilprice.com/Energy/Energy-General/The-Flaw-In-Bidens-Electric-Vehicle-Charger-Plan.html

"“Even if there’s an exit, or a place for people to pull off, the other big question is: Is there anything on the electrical grid at a location or even anywhere close to make that viable?”

Now, the National Association of Convenience Stores is raising the issue of demand charges—the additional fees that utilities charge commercial consumers for maintaining a constant supply of electricity. These additional fees make life costlier for convenience store owners and creates doubts about the profitability of holding EV chargers.

“Retailers have no confidence that EV charging is a money-making business, even with this federal help,” one convenience store owner told Utility Dive in comments on the administration’s EV infrastructure plans. “I’m terrified of getting hit with the demand charge.”"

Edited July 29, 2022 by Ecocharger

[Rob Plant + 2,605]

IEA: Global Coal Demand On Track To Match Record

https://oilprice.com/Latest-Energy-News/World-News/IEA-Global-Coal-Demand-On-Track-To-Match-Record.html

[notsonice + 1,064]

On 7/27/2022 at 6:00 PM, Ecocharger said:

The scientists have shown us that CO2 and earth temperature are negatively correlated, so yes, the explanatory variables may well be the reverse causation, that changes in earth temperature bring about changes in CO2 levels.

what are you smoking??? you never post anything to support your BS....

The scientists have shown us that CO2 and earth temperature are negatively correlated,????

yet you post nothing to support your BS. 

If you are not high on crack , you have to be a paid troll , the only question is who are you working for??????

[notsonice + 1,064]

2 hours ago, Rob Plant said:

IEA: Global Coal Demand On Track To Match Record

https://oilprice.com/Latest-Energy-News/World-News/IEA-Global-Coal-Demand-On-Track-To-Match-Record.html

Match???

Coal consumption in 2013 was over 8.2 Billion metric tonnes and this year it is estimated to be at 8.0 million tonnes if China pulls out of its recession......If you read the IEA forecast it states that China needs to go back into full growth mode in the 2nd half of 2022. Anyone out there seeing World growth picking up steam as the Fed raises rates????? I have a bridge to sell them. The Fed just put a giant roadblock into worldwide coal demand going up from where it is today.

actual consumption in 2013 was 9045027366 short tons or 8.205 billion metric tonnes

Another fail by the low IQ supporters of Coal 

[Rob Plant + 2,605]

10 minutes ago, notsonice said:

Match???

Coal consumption in 2013 was over 8.2 Billion metric tonnes and this year it is estimated to be at 8.0 million tonnes if China pulls out of its recession......If you read the IEA forecast it states that China needs to go back into full growth mode in the 2nd half of 2022. Anyone out there seeing World growth picking up steam as the Fed raises rates????? I have a bridge to sell them. The Fed just put a giant roadblock into worldwide coal demand going up from where it is today.

actual consumption in 2013 was 9045027366 short tons or 8.205 billion metric tonnes

Another fail by the low IQ supporters of Coal 

I'm absolutely NOT a coal supporter, however it is indisputable that coal is having a renaissance albeit temporarily until gas prices go back to some sort of normality.

 

[Ecocharger + 1,375]

6 hours ago, notsonice said:

what are you smoking??? you never post anything to support your BS....

The scientists have shown us that CO2 and earth temperature are negatively correlated,????

yet you post nothing to support your BS. 

If you are not high on crack , you have to be a paid troll , the only question is who are you working for??????

Read the material we have already discussed...you must have fallen asleep again, you cannot educate yourself if you keep falling asleep.

[Ecocharger + 1,375]

6 hours ago, notsonice said:

Match???

Coal consumption in 2013 was over 8.2 Billion metric tonnes and this year it is estimated to be at 8.0 million tonnes if China pulls out of its recession......If you read the IEA forecast it states that China needs to go back into full growth mode in the 2nd half of 2022. Anyone out there seeing World growth picking up steam as the Fed raises rates????? I have a bridge to sell them. The Fed just put a giant roadblock into worldwide coal demand going up from where it is today.

actual consumption in 2013 was 9045027366 short tons or 8.205 billion metric tonnes

Another fail by the low IQ supporters of Coal 

Read the material before you spout more nonsense.

https://www.iea.org/reports/coal-market-update-july-2022

"The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report published today, which notes that significant uncertainty hangs over the outlook for coal as a result of slowing economic growth and energy market turbulence.

Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tonnes, assuming the Chinese economy recovers as expected in the second half of the year, the IEA’s July 2022 Coal Market Update says. This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-time high.

The new report highlights the significant turmoil in coal markets in recent months, which has important implications for many countries where coal remains a key fuel for electricity generation and a range of industrial processes. At the same time, the world’s continued burning of large amounts of coal is heightening climate concerns, as coal is the largest single source of energy-related CO2 emissions."

Edited July 29, 2022 by Ecocharger

[Ecocharger + 1,375]

Oil and gasoline demand in America is so robust and fundamental to daily living that there has been no demand destruction related to increased oil prices.

https://oilprice.com/Energy/Crude-Oil/US-Refiners-Havent-Seen-Fuel-Demand-Destruction.html

"U.S. refiners: there's no indication of fuel demand destruction.

The latest reporting week in EIA data showed that gasoline demand increased from 8.52 million barrels per day (bpd) to 9.25 million bpd last week.

The weekly inventory reports from the EIA at the beginning of July pointed to faltering demand after nationwide gasoline prices hit an average of $5 a gallon in the middle of June."

Edited July 29, 2022 by Ecocharger

[Ecocharger + 1,375]

Desperate attempts by the desperate folks at Biden & Co. have not succeeded in increasing American oil output. Thus, oil prices are set to increase going forward. Juggling inventories in the strategic reserves without increasing production has fooled no one.

https://oilprice.com/Energy/Crude-Oil/US-Crude-Production-Sinks-In-May.html

"With U.S. crude oil inventories down 6% from the five-year average, even with roughly a million barrels per day coming out of the Strategic Petroleum Reserve, the news that U.S. production faltered in May and has failed to make any significant gains since last year contributed to Friday’s price increase, with WTI exceeding $100 per barrel, up more than 4% on the day."

Edited July 29, 2022 by Ecocharger