GREEN NEW DEAL = BLIZZARD OF LIES

[Ecocharger + 1,474]

3 hours ago, notsonice said:

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.

Reliance on renewable energy created the current energy super-crisis in Europe, that does not bode well for nations which rely on renewables.

[Ecocharger + 1,474]

3 hours ago, turbguy 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??

 

Again, backlogs can be caused by many factors. Slow production processes, transportation interruptions, many others.

[Ecocharger + 1,474]

12 hours ago, Jay McKinsey said:

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. 

No, it is investment chill related to anti-fossil fuel mania.

[Ecocharger + 1,474]

4 hours ago, notsonice said:

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

They already have in Norway, removing the exemption from a 25% luxury tax on the most desirable EVs. This trend has already started.

[Jay McKinsey + 1,490]

1 minute ago, Ecocharger said:

No, it is investment chill related to anti-fossil fuel mania.

The investment wouldn't chill if there wasn't a clear substitute that everyone knows is the future. Oil investors don't want stranded assets. 

[Jay McKinsey + 1,490]

Just now, Ecocharger said:

They already have in Norway, removing the exemption from a 25% luxury tax on the most desirable EVs. This trend has already started.

The only reason they are proposing removing the exemption is because EV's are now over 90% of the market. 

[Ecocharger + 1,474]

The Green Dream is just that....a Dream in technicolor. The roaring demand for fossil fuel energy is ramping up oil and gas production world-wide with surging demand and price increases for fossil fuels.

The climate alarmists are now squealing with pain, but what would you expect?

https://oilprice.com/Energy/Energy-General/Global-Oil-And-Gas-Ambitions-At-Odds-With-Climate-Targets.html

"The oil, gas, and coal production plans of some of the world's biggest oil, gas, and coal producers far exceed the emissions targets set in the Paris Agreement on Climate Change, a UN report has warned. The report by the United Nations Environmental Program found that 15 big fossil fuel producers intended to produce 110 percent more oil, coal, and gas in 2030 than is consistent with the Paris Agreement's scenario for limiting rising temperatures to 1.5 degrees from the pre-industrial era, and 45 percent more than is consistent with the 2-degree scenario. What's more, the world's big fossil fuel producers plan to continue raising oil and gas production over the next twenty years. On top of that, coal production is seen declining only marginally, according to the authors of the report. This is even more out of sync with Paris Agreement targets, the report warned."

Edited October 20, 2021 by Ecocharger

[Jay McKinsey + 1,490]

8 hours ago, NickW said:

 

 

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. 

So Scotland can't run their own HVDC line to the continent? You English are funny people.

 

[Ecocharger + 1,474]

Market fundamentals indicate further upsurge ahead for oil prices and increased oil demand from all sources. The hottest commodity now is oil, with Biden & Co. begging and pleading with the Saudis for more of it....and getting slapped down by them....what does a chief executive have to do to get some respect around here? The only stranded assets in this affair are the Green Dreams.

https://oilprice.com/Energy/Energy-General/The-2021-Oil-Price-Rally-Is-Far-From-Over.html

"At the end of 2021, however, supply remains tight, while backwardation—a key indicator of a tightening market—between the December 2021 Brent contract and the December 2022 contract has jumped to above $8 per barrel in recent days. This is the steepest 12-month Brent backwardation since 2013, according to Refinitiv Eikon data cited by Reuters. 

“Energy crunch is carving out an USD80/b oil floor,” Japanese MUFG Bank said in its Oil Market Weekly report last week. 

“The blowout in Brent crude timespreads in recent trading days signals that the pathway [to] even higher oil prices remains firm,” the bank’s research team wrote.  "

Edited October 21, 2021 by Ecocharger

[notsonice + 1,255]

Tesla reports record quarterly earnings despite global supply chain meltdown

The company’s car sales are set to overtake last year’s figures even as construction of its new Texas factory is underway

 

Tesla CEO Elon Musk against a backdrop of one of the company’s electric cars. Photograph: Aly Song/Reuters

 

 

Kari Paul and agencies

Wed 20 Oct 2021 19.35 EDT

 

 

 

Tesla saw its biggest quarterly net earnings in history, the company said on Wednesday, propelled by record electric vehicle sales last summer, amid a shortage of computer chips and other materials.

The company made $1.62bn in the third quarter, beating its old record of $1.14bn, set just in the second quarter of this year. The profit was nearly five times greater than the $331m Tesla made in the same quarter in 2019.

 

 

 

SpaceX could make Elon Musk world’s first trillionaire, says Morgan Stanley

Read more

A record-setting revenue of $13.76bn from July through September fell short of Wall Street’s expectations of a little more than $14bn, according to FactSet.

“[Tesla CEO] Elon Musk delivered another terrific quarter as Tesla continues to execute flawlessly”, said Jesse Cohen, senior analyst at Investing.com. “It has done an outstanding job navigating through global supply chain and logistics challenges, weathering the storm significantly better than rival automakers.

The Palo Alto, California-based electric car company made $1.86 per share, beating analyst estimates of $1.62.

Earlier this month, Tesla said it delivered a record 241,300 electric vehicles in the third quarter, even as it wrestled with the shortages that have hit the entire auto industry.

Third-quarter sales rose 72% over the 140,000 deliveries Tesla during the same period last year. So far this year, Tesla has sold around 627,300 vehicles. That puts it on track to beat last year’s total of 499,550.

“A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed,” the company said in a statement to shareholders. “We believe our supply chain, engineering and production teams have been dealing with these global challenges with ingenuity, agility and flexibility that is unparalleled in the automotive industry.”

While third-quarter sales grew, the average sales price fell 6% because Tesla is selling more of the less-expensive Models 3 and Y and fewer units of the pricier Models S and X.

Musk recently announced plans to relocate the company’s headquarters to Austin, Texas. The company said in its statement that construction of its new factory is progressing as planned and it’s preparing equipment and “fabricating our first pre-production vehicles”.

The factory, which is centrally located as compared to Tesla’s Fremont, California, assembly plant, will send Model Y and new Cybertruck pickups to East Coast population centers.

Tesla said it expects sales to grow an average of 50% annually.

This week, Tesla announced it would provide insurance to its customers in Texas. This service will monitor their driving in real time and lower their insurance premiums based on safe driving history.

In a call with investors on Wednesday, CFO Zachary Kirkhorn thanked the regulators of Texas for allowing Tesla to launch the new insurance product.

“Because our cars are connected, because they are essentially computers on wheels, there is enormous amounts of data available to us to be able to assess the attributes of a driver,” he said.

“So what we have created is a model for predicting the likelihood of collision over time with decent accuracy”, he added, saying that Tesla plans to launch the service in all its markets pending regulatory approval.

Edited October 21, 2021 by notsonice

[NickW + 2,714]

8 hours ago, Jay McKinsey said:

So Scotland can't run their own HVDC line to the continent? You English are funny people.

 

It was your point that 'the english are terrified' that generated the rolly eyeballs

Sure - they could build an interconnector to the continent. 

A number of minor issues to consider:

• Its a long long way
• A 10 GW interconnector is going to be one massive expensive lump of Copper and Aluminium
• They could go via Norway, Denmark  or the Republic of Ireland but that is a long long way and has its own capacity constraints. 
• The most direct route through shallow sea bed is down the North Sea which happens to be UK territorial waters. 
• 11GW will generate about 44 Twh. If we assume a sale price of £100 / MWh (generous at commercial rates)  thats  £4.3bn of revenue for Scotland 
• Putting aside little factors like maintenance costs, transmission charges, capital depreciation etc  thats a whopping £780 per scots person. 

Thats actually less than England subs them under the Barnett Formula. 

I'm quite open to the idea of English independence from the yoke of Scottish subsidy. 

 

 

 

[Rob Plant + 2,756]

42 minutes ago, NickW said:

I'm quite open to the idea of English independence from the yoke of Scottish subsidy. 

Amen!

I am hoping and praying that day comes ASAP

@Jay McKinsey you couldn't be more wrong on your initial comment if you tried.

The Scots have a deep seated loathing for anything English even though we subsidise them over and above English people! For example Scots dont have to pay for prescriptions at the chemist, English people have to pay £9.35 for each one!

Imagine if Americans subsidised Canadians or Mexicans and all they got back was hatred, don't think the average American would be too keen to keep paying extra taxes to keep those subsidies do you?

https://www.gov.uk/government/news/scottish-income-tax-shortfall-offset-by-uk-funding

[NickW + 2,714]

21 minutes ago, Rob Plant said:

Amen!

I am hoping and praying that day comes ASAP

@Jay McKinsey you couldn't be more wrong on your initial comment if you tried.

The Scots have a deep seated loathing for anything English even though we subsidise them over and above English people! For example Scots dont have to pay for prescriptions at the chemist, English people have to pay £9.35 for each one!

Imagine if Americans subsidised Canadians or Mexicans and all they got back was hatred, don't think the average American would be too keen to keep paying extra taxes to keep those subsidies do you?

https://www.gov.uk/government/news/scottish-income-tax-shortfall-offset-by-uk-funding

And it was a Scottish King that united the crown!

And it was the Scots Moron Gordon Broon who lumbered us with the first round of massive debts with his banksters bailout in 2008-09. 

Always felt some of that money would have been better spent on the Bristol Channel tidal barrage. 

Edited October 21, 2021 by NickW

[NickW + 2,714]

19 minutes ago, Rob Plant said:

Amen!

I am hoping and praying that day comes ASAP

@Jay McKinsey you couldn't be more wrong on your initial comment if you tried.

The Scots have a deep seated loathing for anything English even though we subsidise them over and above English people! For example Scots dont have to pay for prescriptions at the chemist, English people have to pay £9.35 for each one!

Imagine if Americans subsidised Canadians or Mexicans and all they got back was hatred, don't think the average American would be too keen to keep paying extra taxes to keep those subsidies do you?

https://www.gov.uk/government/news/scottish-income-tax-shortfall-offset-by-uk-funding

It either seems to be one extreme or the other. 

I remember going to an illegal bar in KSA with a Scottish mate (he was moderately pro Union). There was this Scottish bloke - ex squaddie. First thing he says to my mate when he hears his accent  is are you a fenian b'stard? 

[NickW + 2,714]

33 minutes ago, Rob Plant said:

Amen!

I am hoping and praying that day comes ASAP

@Jay McKinsey you couldn't be more wrong on your initial comment if you tried.

The Scots have a deep seated loathing for anything English even though we subsidise them over and above English people! For example Scots dont have to pay for prescriptions at the chemist, English people have to pay £9.35 for each one!

Imagine if Americans subsidised Canadians or Mexicans and all they got back was hatred, don't think the average American would be too keen to keep paying extra taxes to keep those subsidies do you?

https://www.gov.uk/government/news/scottish-income-tax-shortfall-offset-by-uk-funding

If they ever go independent England will switch off the 6 inch south -north Methadone interconnector and within a month it will be like that film 28 days later up there😄

I bet you if they do go independent in  10 years time there will be adverts on english TV about how your £3 could feed a Jock for a day. 

Aggy has no running water and has to walk 5 miles a day to get fresh water....

Hamish hasn't had a hot meal for a week

Your £3 donation could......

Edited October 21, 2021 by NickW

[Rob Plant + 2,756]

23 minutes ago, NickW said:

It either seems to be one extreme or the other. 

I remember going to an illegal bar in KSA with a Scottish mate (he was moderately pro Union). There was this Scottish bloke - ex squaddie. First thing he says to my mate when he hears his accent  is are you a fenian b'stard? 

yep to the vast majority of Scots English people are FEB's (fu*kin English Bas*ards), Xenophobic? damn straight!

[NickW + 2,714]

2 minutes ago, Rob Plant said:

yep to the vast majority of Scots English people are FEB's (fu*kin English Bas*ards), Xenophobic? damn straight!

The Scots Squaddy was massively pro union to the point of asking any other Scotsman on meeting if he was a Fenian (Republican) b'stard.

 

[Rob Plant + 2,756]

5 minutes ago, NickW said:

The Scots Squaddy was massively pro union to the point of asking any other Scotsman on meeting if he was a Fenian (Republican) b'stard.

 

And Jay thinks the English are funny (peculiar) lol

He should go to an old firm game and see the true hatred between Glasgow Rangers and Glasgow Celtic.

We have a customer that painted their whole premises in the blue of Rangers and asks all their customers which side they support, if its Celtic they refuse to deal with them 🤣

[NickW + 2,714]

10 minutes ago, Rob Plant said:

And Jay thinks the English are funny (peculiar) lol

He should go to an old firm game and see the true hatred between Glasgow Rangers and Glasgow Celtic.

We have a customer that painted their whole premises in the blue of Rangers and asks all their customers which side they support, if its Celtic they refuse to deal with them 🤣

Take a trip to Northern Ireland, have a wander down the Shankill and ask the locals how they feel about their subjugation under the English and how they must long for reunification with their fellows in the south. 😄

 

[NickW + 2,714]

16 minutes ago, Rob Plant said:

And Jay thinks the English are funny (peculiar) lol

He should go to an old firm game and see the true hatred between Glasgow Rangers and Glasgow Celtic.

We have a customer that painted their whole premises in the blue of Rangers and asks all their customers which side they support, if its Celtic they refuse to deal with them 🤣

Quite. Despite the fact all the sectarian issues in the UK are entirely restricted to our Celtic fringes. 

Growing up I didn't know whether my friends were protestant, Catholic or Jewish. I had a friend who was jewish who I only found out as an adult. 

[Rob Plant + 2,756]

1 minute ago, NickW said:

Quite. Despite the fact all the sectarian issues in the UK are entirely restricted to our Celtic fringes. 

Growing up I didn't know whether my friends were protestant, Catholic or Jewish. I had a friend who was jewish who I only found out as an adult. 

Yeah exactly! who cares whether your protestant, baptist, Catholic, muslim or whatever?? It doesn't mean you should blindly hate that person when you don't even know them, that's just utter ignorance!

Mind you tell that to Hamas lol

[Ecocharger + 1,474]

The Green revolution in Britain has hit a major snag, the result of poor planning and alarmist policies taken without thinking about consequences.

https://oilprice.com/Energy/Energy-General/UK-Energy-Suppliers-Face-Massacre-Amid-Soaring-Gas-Prices.html

"Another 20 energy providers in the UK could go bust in what looks like a “massacre” in the coming months unless the government reviews the energy price cap, the chief executive of one of the largest providers said on Thursday. More than a dozen power suppliers in the UK have exited the retail energy market in recent weeks, and more are likely to do so, as wholesale gas prices rally. Europe’s tight gas market, low wind speeds, abnormally low gas inventories, and record carbon prices have combined in recent weeks to send benchmark gas prices and power prices in the largest economies to record highs. The UK has a so-called Energy Price Cap in place, which protects households from too high bills by capping the price that providers can pass on to them, but which additionally burdens energy providers. Unless the UK government intervenes and reviews for raising the price cap soon, “we are in danger of just sleepwalking into an absolute massacre”, Keith Anderson, chief executive at ScottishPower, told the Financial Times."

Edited October 21, 2021 by Ecocharger

[Eyes Wide Open + 3,555]

7 hours ago, Rob Plant said:

Amen!

I am hoping and praying that day comes ASAP

@Jay McKinsey you couldn't be more wrong on your initial comment if you tried.

The Scots have a deep seated loathing for anything English even though we subsidise them over and above English people! For example Scots dont have to pay for prescriptions at the chemist, English people have to pay £9.35 for each one!

Imagine if Americans subsidised Canadians or Mexicans and all they got back was hatred, don't think the average American would be too keen to keep paying extra taxes to keep those subsidies do you?

https://www.gov.uk/government/news/scottish-income-tax-shortfall-offset-by-uk-funding

What you are speaking to was and still is the very foundation of Trumps MAGA movement. It is good to see the UK being "Woke" up to the real depth of this world order cabal. 

Wombat once eluded to the true nature of this powerful and yet obscure order. Made simple....do not the citizens of the world have a right to live in Western Standards.

Yes would be my answer...Yet Earn It does come to mind. No nation on earth owes it sovereignty to another.

Edited October 21, 2021 by Eyes Wide Open

[Ecocharger + 1,474]

Now the rubber begins to hit the road....just as we predicted earlier, the Green revolution has already run up against input supply barriers and prices of essential inputs are being squeezed up. This is just the beginning of a very painful and wasteful process of money being thrown away on a dead end solution to a non-existent problem.

https://oilprice.com/Energy/Energy-General/The-Days-Of-Cheap-Solar-Are-Fading-Fast.html

"The cost of going green is about to become more expensive as polysilicon prices are erupting and will likely remain elevated due to factory shutdowns in China.  Polysilicon is a superrefined form of silicon used in solar panels for its semiconductor-like material properties. Spot prices for polysilicon bottomed at $6.30/kg in mid-2020 and have jumped 600% to $36.09/kg as of last week, according to BloombergNEF. 

 

China is a top producer of polysilicon. The latest factory shutdowns of energy-intensive factories, such as ones that refine silicon, have resulted in declining output that will affect global supply. Countries, in a rush, to greenify their economies are increasing demand for solar panels that are pressuring polysilicon prices higher. "

Edited October 21, 2021 by Ecocharger

[Ecocharger + 1,474]

On 10/20/2021 at 2:58 PM, Jay McKinsey said:

The investment wouldn't chill if there wasn't a clear substitute that everyone knows is the future. Oil investors don't want stranded assets. 

Think again, Jay, oil production is going up in the future, and it has to do that to supply you with gasoline to run your BMW internal combustion vehicle. You should give your thanks to the oil sector for keeping you moving on the highway!

https://www.unep.org/news-and-stories/press-release/governments-fossil-fuel-production-plans-dangerously-out-sync-paris

"The world’s governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 45% more than consistent with 2°C. The size of the production gap has remained largely unchanged compared to our prior assessments.

Governments’ production plans and projections would lead to about 240% more coal, 57% more oil, and 71% more gas in 2030 than would be consistent with limiting global warming to 1.5°C.

Global gas production is projected to increase the most between 2020 and 2040 based on governments’ plans. This continued, long-term global expansion in gas production is inconsistent with the Paris Agreement’s temperature limits.

Countries have directed over USD 300 billion in new funds towards fossil fuel activities since the beginning of the COVID-19 pandemic — more than they have towards clean energy."

Edited October 21, 2021 by Ecocharger