GREEN NEW DEAL = BLIZZARD OF LIES

[turbguy + 1,544]

1 hour ago, ronwagn said:

https://www.theepochtimes.com/no-chance-of-net-zero-by-2050-oil-exec-chris-wright-weighs-in-on-cop26_4096092.html?utm_source=author_recommendation&utm_medium=a_bottom

Zero chance of net zero by 2050.

How about net 20%?

That's probably realistic...

Edited November 16, 2021 by turbguy

[notsonice + 1,255]

U.S. Carbon (CO2) Emissions 1960-2018

Data Source: World Bank

 

Edited November 16, 2021 by notsonice

[Rob Plant + 2,756]

15 hours ago, notsonice said:

set to increase 20 percent?????? where do you get this from??

US production of coal in 2020 was 535 million short tons. Production YTD (Oct 16, 2021) is 461 million short tons and in 2020 Year to similar date (Oct 16) was 425 MMst up 8 percent. Do not know where you come up with 20 percent. Production for all of 2021 looks like it will come in at 570 to 590 MMst Not a 20 percent increase (closer to a 8 to 10 percent increase). Plus 2020 was Trumps recession year with negative GDP of -3.5 percent , this year GDP will be up 6 to 7 percent inline with coal production. In other words a dead cat bounce . Not much Irony , more like an economy rebounding and bringing the US back to normal. Political irony? keep dreaming ....Coal production is on a long term decline, No one in the US is building new Coal fired power plants, just retirements into the foreseeable future.

Maybe he meant this? Not the same thing but maybe where he gets 20% from

"The U.S. Energy Information Administration expects 22% growth in electricity generation from coal this year compared to 2020, partially due to coal's stable prices and the high cost of natural gas."

https://www.npr.org/2021/10/22/1048108267/u-s-coal-production-is-up-sharply-after-hitting-a-50-year-low-last-year?t=1637070223284

[Rob Plant + 2,756]

12 hours ago, ronwagn said:

https://www.theepochtimes.com/no-chance-of-net-zero-by-2050-oil-exec-chris-wright-weighs-in-on-cop26_4096092.html?utm_source=author_recommendation&utm_medium=a_bottom

Zero chance of net zero by 2050.

At least they are consistent with the zeros!

[Tomasz + 1,608]

Current state of affairs.

End of oil demand growth  or oil inventories for the time being?

Quote

Global onshore #crude oil inventories: #China and #MENA drive the most massive weekly draw measured since August 2020. We just drew 45.2 million barrels of oil last week - yes, 6.5mbpd

 

[Ecocharger + 1,474]

Oil appears to be now on course for continued growth through and past the 2050 marker. This is consistent with both the U.S. government forecast and the OPEC release. Oil may become a lower percentage contributor to the overall energy mix, but still grow in absolute terms.

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Global-Energy-Demand-To-Rise-By-28-By-2045.html

"Global energy demand will increase by 28 percent from now until 2045 due to rising economies and population, according to OPEC’s World Oil Outlook discussed at the ADIPEC energy forum in Abu Dhabi on Tuesday. The rise in global energy demand will be “driven by global economic growth and population expansion, as well as the need to expand access to modern energy services for those billions who continue to go without,” OPEC Secretary General Mohammad Barkindo said, commenting on the outlook with estimates through 2045.   Energy demand globally is set to grow from 275.4 million boepd in 2020 to 352 million boepd by 2045, according to OPEC’s estimate of primary energy demand expressed in barrels of oil equivalent per day. Primary energy demand in non-OECD countries will account for more than 70 percent of global primary energy demand in the long term, with growth mainly attributable to increasing populations and growing economies in Asia, Africa, and the Middle East."

Edited November 17, 2021 by Ecocharger

[Ecocharger + 1,474]

On 11/15/2021 at 5:33 PM, notsonice said:

set to increase 20 percent?????? where do you get this from??

US production of coal in 2020 was 535 million short tons. Production YTD (Oct 16, 2021) is 461 million short tons and in 2020 Year to similar date (Oct 16) was 425 MMst up 8 percent. Do not know where you come up with 20 percent. Production for all of 2021 looks like it will come in at 570 to 590 MMst Not a 20 percent increase (closer to a 8 to 10 percent increase). Plus 2020 was Trumps recession year with negative GDP of -3.5 percent , this year GDP will be up 6 to 7 percent inline with coal production. In other words a dead cat bounce . Not much Irony , more like an economy rebounding and bringing the US back to normal. Political irony? keep dreaming ....Coal production is on a long term decline, No one in the US is building new Coal fired power plants, just retirements into the foreseeable future.

Coal CONSUMPTION, not coal production, there is a distinction there. Actually with the new technology to extract rare earth metals from coal waste, we should be ramping up coal production as well as consumption.

[Ecocharger + 1,474]

On 11/15/2021 at 6:28 PM, turbguy said:

Please explain what's left over after mining all the coal ash dumps for REE ' s.

 

Here is the article, how we can extract rare earth metals, which are desperately needed for a vast array of products.

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

"In one of nature’s unexpected bounties, a harmless food-grade solvent has been used to extract highly sought rare-earth metals from coal ash, reducing the amount of ash without damaging the environment and at the same time increasing an important national resource.

Coal ash is the unwanted but widely present residue of coal-fired power. Rare-earth metals are used for a variety of high-tech equipment from smartphones to submarines.

The separation method, which uses carbon dioxide, water and food-grade citric acid, is the subject of a Sandia National Laboratories patent application.

“This technique not only recovers rare-earth metals in an environmentally harmless manner but would actually improve environments by reducing the toxicity of coal waste dotting America,” said Guangping Xu, lead Sandia researcher on the project."

Edited November 17, 2021 by Ecocharger

[turbguy + 1,544]

49 minutes ago, Ecocharger said:

Here is the article, how we can extract rare earth metals, which are desperately needed for a vast array of products.

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

"In one of nature’s unexpected bounties, a harmless food-grade solvent has been used to extract highly sought rare-earth metals from coal ash, reducing the amount of ash without damaging the environment and at the same time increasing an important national resource.

Coal ash is the unwanted but widely present residue of coal-fired power. Rare-earth metals are used for a variety of high-tech equipment from smartphones to submarines.

The separation method, which uses carbon dioxide, water and food-grade citric acid, is the subject of a Sandia National Laboratories patent application.

“This technique not only recovers rare-earth metals in an environmentally harmless manner but would actually improve environments by reducing the toxicity of coal waste dotting America,” said Guangping Xu, lead Sandia researcher on the project."

Coal ash is the "real estate" in the coal that won't, or didn't, combust.  Steam (thermal) coal typically has about 5% to 15% of the mass transported from the mine to a plant, be ash.  Lesser ash content coals tends to be used "metallurgically" (more profit).

Coal ash comes in two main "types":

Fly ash (that is, the real estate entrained in the flue gases), typically removed/collected to a very significant degree by ESP's and Bag-houses.  It can appear somewhat similar to wheat flour in consistency. Fly ash with acceptable "unburned carbon content" can be sold (at a good price) as a substitute for Portland cement.

Bottom Ash/Slag (that is, the real estate that drops to the firebox/furnace floor as solids or liquids), is typically dumped into water, and the resultant slurry pumped into local waste ponds, then potentially trucked off-site to disposal into landfill.

I don't have a problem recovering REE's from bottom ash, but there must be some mass and spent reagents left over that STILL has to be disposed of, somewhere.

The paper does not describe the process's inevitable waste stream. 

Edited November 17, 2021 by turbguy

[Jay McKinsey + 1,490]

2 hours ago, Ecocharger said:

Oil appears to be now on course for continued growth through and past the 2050 marker. This is consistent with both the U.S. government forecast and the OPEC release. Oil may become a lower percentage contributor to the overall energy mix, but still grow in absolute terms.

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Global-Energy-Demand-To-Rise-By-28-By-2045.html

"Global energy demand will increase by 28 percent from now until 2045 due to rising economies and population, according to OPEC’s World Oil Outlook discussed at the ADIPEC energy forum in Abu Dhabi on Tuesday. The rise in global energy demand will be “driven by global economic growth and population expansion, as well as the need to expand access to modern energy services for those billions who continue to go without,” OPEC Secretary General Mohammad Barkindo said, commenting on the outlook with estimates through 2045.   Energy demand globally is set to grow from 275.4 million boepd in 2020 to 352 million boepd by 2045, according to OPEC’s estimate of primary energy demand expressed in barrels of oil equivalent per day. Primary energy demand in non-OECD countries will account for more than 70 percent of global primary energy demand in the long term, with growth mainly attributable to increasing populations and growing economies in Asia, Africa, and the Middle East."

The US Gov't made no such forecast. 

[Rob Plant + 2,756]

Inflation hits highest level in a decade at 4.2% as fuel and energy bills soar

Ahh the green dream, making us all poorer!

https://news.sky.com/story/inflation-hits-highest-level-in-a-decade-at-4-2-as-fuel-and-energy-bills-soar-12470527

[Jay McKinsey + 1,490]

26 minutes ago, Rob Plant said:

Inflation hits highest level in a decade at 4.2% as fuel and energy bills soar

Ahh the green dream, making us all poorer!

https://news.sky.com/story/inflation-hits-highest-level-in-a-decade-at-4-2-as-fuel-and-energy-bills-soar-12470527

Current inflation is pure supply and demand due to the pandemic caused supply chain issues. Take a  look at the price of iron and lumber. Both have already completed their cycle.

[Rob Plant + 2,756]

10 minutes ago, Jay McKinsey said:

Current inflation is pure supply and demand due to the pandemic caused supply chain issues. Take a  look at the price of iron and lumber. Both have already completed their cycle.

Jay the article is about fuel and energy costs driving inflation which havent run their course yet, it has nothing to do with iron or lumber.

Regarding iron or specifically steel grades for the oil and gas industries, my company has just been told by 2 European steel mills that the 300tonnes orders they both have they are not going to produce, not only that they arent going to produce at any price as they cannot forecast where gas prices will be. In fact 1 of them has closed for a month as its uneconomic to produce at present. Does that look like an end to the problem to you??? "completed the cycle" hmmmm.

[ronwagn + 6,290]

https://www.corbettreport.com/and-now-for-the-100-trillion-dollar-bankster-climate-swindle/

It is not about affordable energy it is about higher profits for energy investors. It is not all about what is doable to clean the air, it is about what will drive up the price of energy too. RC

[ronwagn + 6,290]

On 11/15/2021 at 8:48 PM, turbguy said:

How about net 20%?

That's probably realistic...

Too low IMHO.

[ronwagn + 6,290]

On 11/16/2021 at 6:33 PM, Ecocharger said:

Coal CONSUMPTION, not coal production, there is a distinction there. Actually with the new technology to extract rare earth metals from coal waste, we should be ramping up coal production as well as consumption.

The United States is producing and exporting coal while still using a base amount for awhile. Hopefully it will be replaced by natural gas as it has been also by wind and solar. 

[ronwagn + 6,290]

On 11/15/2021 at 10:43 PM, notsonice said:

U.S. Carbon (CO2) Emissions 1960-2018

Data Source: World Bank

 

How much has the population increased since 1960?

 

In a report released worldwide yesterday, it said the Earth’s population had doubled since 1960 to 6.1 billion, with growth mainly in poorer countries.

So not much improvement per capita. RCW

Edited November 18, 2021 by ronwagn
add

[ronwagn + 6,290]

On 11/16/2021 at 7:47 AM, Rob Plant said:

At least they are consistent with the zeros!

https://www.theepochtimes.com/australias-coal-industry-will-not-lose-steam-despite-global-climate-ambitions-pm_4104378.html?utm_source=ai_recommender&utm_medium=a_bottom_above_etv

The low hanging energy on earth. 

https://www.theepochtimes.com/oil-and-gas-will-be-in-the-energy-system-for-decades-to-come-bp-chief_4104564.html?utm_source=ai_recommender&utm_medium=a_bottom_above_etv

Natural gas is a big part of the solution for clean air! Not just CO2 reduction.

 

[ronwagn + 6,290]

On 11/15/2021 at 4:33 PM, notsonice said:

set to increase 20 percent?????? where do you get this from??

US production of coal in 2020 was 535 million short tons. Production YTD (Oct 16, 2021) is 461 million short tons and in 2020 Year to similar date (Oct 16) was 425 MMst up 8 percent. Do not know where you come up with 20 percent. Production for all of 2021 looks like it will come in at 570 to 590 MMst Not a 20 percent increase (closer to a 8 to 10 percent increase). Plus 2020 was Trumps recession year with negative GDP of -3.5 percent , this year GDP will be up 6 to 7 percent inline with coal production. In other words a dead cat bounce . Not much Irony , more like an economy rebounding and bringing the US back to normal. Political irony? keep dreaming ....Coal production is on a long term decline, No one in the US is building new Coal fired power plants, just retirements into the foreseeable future.

You need to add in increased exports. 

[Ecocharger + 1,474]

The oil industry is exercising discipline on output, getting high returns.

https://oilprice.com/Energy/Energy-General/The-Real-Reason-Big-Oil-Is-Refusing-To-Boost-Production.html

[Ecocharger + 1,474]

The age-old search for oil industry misconduct is just a political palliative to hide the realities of what has caused energy prices to spike, namely the anti-energy policies of governments. But that will not stop Biden & Co. from trying this old canard one more time.

https://oilprice.com/Latest-Energy-News/World-News/Biden-Calls-On-FTC-To-Investigate-Oil-Companies-And-High-Gas-Prices.html

"High prices at the pump have turned into a major headache for the Biden administration, prompting the president to repeatedly urge OPEC to boost production more substantially. The U.S. oil industry has suggested it could help with the supply of crude, with Occidental chief executive Vicki Hollub saying “if I were gonna make a call [[regarding oil production], it wouldn’t be long distance, it would be a local call.” “I think first you, you stay home, you ask your friends, and you ask your neighbors to do it. And then if we can’t do it, you call some other countries,” Hollub also said earlier this week, as quoted by CNBC. According to analysts interviewed by the Wall Street Journal, an FTC investigation into gasoline prices is unlikely to find sufficient evidence of illegal conduct on the part of oil companies. Citing an not too uncommon divergence between unblended and finished gasoline prices over the past 10 years, research firm ClearView Energy Partners said “This gives us some reason to suggest that today’s FTC investigation might end up like past such efforts: with limited evidence to validate assertions of market manipulation and price gouging.”"

Edited November 19, 2021 by Ecocharger

[Boat + 1,324]

The media and others love to talk net zero. I prefer to talk about how solar and batteries can efficiently provide electricity for air conditioning much cheaper than peaker plants and coal. This is the fundamental reason coal is in trouble over the long run in areas that are hot and sunny. 
The volatility of nat gas prices will be its downfall maybe in decades as tech for storage improves. But net zero? That’s silly talk. The north doesn’t have enough sun and there are many areas lacking decent wind. Caption Obvious has to raise his hand from time to time and remind posters of some simple concepts. If we stick to 5 and 10 year projections FF will take some hits but still have massive but declining market share. 
Coal will phase out in the south. Not the north so much. We have yet to see government will for transmission which would feed the north. Until that happens you will be happy to burn nat gas regardless of the price. In areas, coal will also survive. This net zero thing is decades away, maybe centuries if the focus turned to population and consumption targets instead. 
In the new world cheap labor will be replaced by machines and AI. There won’t be a need to spread the seed to gain power. To many people will be viewed as a weakness and bottomless pitt for tax dollars.

[ronwagn + 6,290]

1 hour ago, Ecocharger said:

The oil industry is exercising discipline on output, getting high returns.

https://oilprice.com/Energy/Energy-General/The-Real-Reason-Big-Oil-Is-Refusing-To-Boost-Production.html

They can do this due to changes under Biden which restrict production thus also the value of the oil and gas etc. which is produced. Bad for competition but higher prices are a natural result. 

[Boat + 1,324]

The new battery plant for grid storage being built by Tesla will have a capacity of LA demand x 3 for 6 hrs. There are rumors of another battery plant in Canada. This is like the beginning, phase 2. It will still take a few years for grid batteries to get to decent scale but the trend is clear. Of course the trend was clear years ago for many energy changes but that’s another story. 

[Boat + 1,324]

1 minute ago, ronwagn said:

They can do this due to changes under Biden which restrict production thus also the value of the oil and gas etc. which is produced. Bad for competition but higher prices are a natural result. 

So is the industry exercising discipline or is it Biden’s fault the prices are high. I’m not sure you can claim both. It gets confusing. Drillers are doing fine and expanding all the time. There getting ready to set records in the Permian. Is that because Biden loves the Permian like Obama did? They/Biden just had a successful lease sale in the Gulf. Was that anti FF. Was selling drilling rights lent to curtail production? Let me guess, you were robbed in the election. Lol Sometimes I worry about you boys.