GREEN NEW DEAL = BLIZZARD OF LIES

[Ecocharger + 1,474]

Biden & Co. face an uphill battle in court for this compensation case. Precedents are against the ill-considered cancellation, which has placed oil transport into trucks instead of  pipelines. Pipelines are safer.

https://www.bloomberg.com/news/articles/2021-11-22/keystone-developers-seek-15-billion-from-u-s-for-cancellation

"Such investor-state dispute settlement claims by corporations against the U.S. are relatively rare, and the U.S. has a good track record in winning them. However, companies have emerged victorious in similar international disputes. Most notably, in March, Germany agreed to pay $2.9 billion to Sweden’s Vattenfall AB and other utilities, as part of a compensation package resolving a decade-long battle over the country’s decision to phase out nuclear power. 

Biden’s decision to rescind a presidential permit his first day in office -- without another round of government analysis on the long-studied project -- gives TC Energy an “extremely strong case” under Nafta language barring arbitrary discrimination, said Gary Hufbauer, a Washington-based senior fellow at the Peterson Institute for International Economics. 

“TC has a great legal case going in,” Hufbauer said. “This was well out of the norm of customary government behavior.”"

Edited November 24, 2021 by Ecocharger

[notsonice + 1,255]

43 minutes ago, Ecocharger said:

Biden & Co. face an uphill battle in court for this compensation case. Precedents are against the ill-considered cancellation, which has placed oil transport into trucks instead of  pipelines. Pipelines are safer.

https://www.bloomberg.com/news/articles/2021-11-22/keystone-developers-seek-15-billion-from-u-s-for-cancellation

"Such investor-state dispute settlement claims by corporations against the U.S. are relatively rare, and the U.S. has a good track record in winning them. However, companies have emerged victorious in similar international disputes. Most notably, in March, Germany agreed to pay $2.9 billion to Sweden’s Vattenfall AB and other utilities, as part of a compensation package resolving a decade-long battle over the country’s decision to phase out nuclear power. 

Biden’s decision to rescind a presidential permit his first day in office -- without another round of government analysis on the long-studied project -- gives TC Energy an “extremely strong case” under Nafta language barring arbitrary discrimination, said Gary Hufbauer, a Washington-based senior fellow at the Peterson Institute for International Economics. 

“TC has a great legal case going in,” Hufbauer said. “This was well out of the norm of customary government behavior.”"

as a NAFTA dispute???? what a joke. There is nothing in NAFTA that concerns pipelines. NAFTA does not give anyone the right to build pipelines in the US. Read the treaty first before posting. No one is stopping  TC Energy from importing crude oil into the US, they can rail in all the crude they want.  Did you get your law degree from Trump U? PS the filing is just a repeat of the TC Energy filing of a ISDS dispute under NAFTA in  January 2016 which went nowhere.

[Ecocharger + 1,474]

More oil wars ahead,

https://oilprice.com/Energy/Energy-General/Oil-Prices-Collapse-To-69-On-New-COVID-Fears.html

"OPEC+, led in large part by Saudi Arabia, will meet next week to discuss the plan for production. If they do indeed change their plans as rumors have suggested—whether it is because of anticipated demand drop off courtesy of the latest covid wave or whether it is in response to Biden’s coordinated release of crude from the SPR along with other nations—it will be seen by the market as retaliatory. 

But there is little doubt that a 10% dip in the price of Brent will prompt OPEC+ to at least pause the production increases or even cut production. And why not also relish in the opportunity the market has just handed OPEC+ to simultaneously stick it to President Biden."

Edited November 27, 2021 by Ecocharger

[Ecocharger + 1,474]

On 11/24/2021 at 10:41 AM, notsonice said:

as a NAFTA dispute???? what a joke. There is nothing in NAFTA that concerns pipelines. NAFTA does not give anyone the right to build pipelines in the US. Read the treaty first before posting. No one is stopping  TC Energy from importing crude oil into the US, they can rail in all the crude they want.  Did you get your law degree from Trump U? PS the filing is just a repeat of the TC Energy filing of a ISDS dispute under NAFTA in  January 2016 which went nowhere.

It looks like Biden & Co. will lose this one. Check the precedent detailed in the article.

“TC has a great legal case going in,” Hufbauer said. “This was well out of the norm of customary government behavior.”"

Edited November 27, 2021 by Ecocharger

[ronwagn + 6,290]

I found a whole section of interest in the Los Angeles Times. It is all about how bad California is damaged by lithium mining, electric cars. These stories have to be amazing to those who want all electric cars and think that they are THE answer to every problem. Personally, I think hybrids make sense for many people but price is a problem for many potential customers. This is the best show in town. 

I think the L.A. Times may have a paywall, so please let me know if that is a problem.

https://www.latimes.com/politics/story/2021-07-21/californias-electric-car-revolution-designed-to-save-the-planet-inflicts-a-big-toll-on-it

Show Search

 

• United States of California
• Diversifying U.S. boardrooms
• Burned trees, billions in cash
• A hydrogen highway to nowhere
• Environmental toll of e-cars

POLITICS

California’s electric car revolution, designed to save the planet, also unleashes a toll on it

[notsonice + 1,255]

12 hours ago, ronwagn said:

I found a whole section of interest in the Los Angeles Times. It is all about how bad California is damaged by lithium mining, electric cars. These stories have to be amazing to those who want all electric cars and think that they are THE answer to every problem. Personally, I think hybrids make sense for many people but price is a problem for many potential customers. This is the best show in town. 

I think the L.A. Times may have a paywall, so please let me know if that is a problem.

https://www.latimes.com/politics/story/2021-07-21/californias-electric-car-revolution-designed-to-save-the-planet-inflicts-a-big-toll-on-it

Show Search

 

• United States of California
• Diversifying U.S. boardrooms
• Burned trees, billions in cash
• A hydrogen highway to nowhere
• Environmental toll of e-cars

POLITICS

California’s electric car revolution, designed to save the planet, also unleashes a toll on it

 Ron your statement.........It is all about how bad California is damaged by lithium mining???? where is this mine in California???? Ron are you losing it??? you are babbling bs more and more each day.

[ronwagn + 6,290]

2 hours ago, notsonice said:

 Ron your statement.........It is all about how bad California is damaged by lithium mining???? where is this mine in California???? Ron are you losing it??? you are babbling bs more and more each day.

Bye again jerk. You have nothing to offer. Several stories are available at L.A. Times and all contradict their own green dream positions. 

[ronwagn + 6,290]

California lithium being sought by Warren Buffet and others at the Salton Sea. 

https://www.theepochtimes.com/can-lithium-cure-what-ails-the-salton-sea_4127623.html

Also https://www.forbes.com/sites/toddwoody/2011/10/19/lithium-the-new-california-gold-rush/?sh=195da08d1f23

[Jay McKinsey + 1,490]

23 hours ago, ronwagn said:

California lithium being sought by Warren Buffet and others at the Salton Sea. 

https://www.theepochtimes.com/can-lithium-cure-what-ails-the-salton-sea_4127623.html

Also https://www.forbes.com/sites/toddwoody/2011/10/19/lithium-the-new-california-gold-rush/?sh=195da08d1f23

The Salton Sea is already an environmental disaster. Lithium mining there does not "damage" California. 

[ronwagn + 6,290]

1 hour ago, Jay McKinsey said:

The Salton Sea is already an environmental disaster. Lithium mining there does not "damage" California. 

I agree. The article explains all that though. Most such articles do not give both sides of the story. 

[Ecocharger + 1,474]

Here is the result of government Green policies, an energy disaster, getting worse by the month.

https://oilprice.com/Energy/Natural-Gas/What-Happens-If-Europe-Runs-Out-Of-Gas.html

""We haven't got enough gas at the moment, quite frankly. We're not storing for the winter period," Weir said at the FT Commodities Asia Summit in the middle of November. 

"So hence there is a real concern that . . . if we have a cold winter that we could have rolling blackouts in Europe," Trafigura's chief executive said. 

The natural gas crunch is pushing power prices in Europe to record or near record highs. A very cold and still winter weather with low wind speeds would further exacerbate the power supply shortage, especially in north Europe, which relies on wind generation for part of its electricity supply. 

For example, lower wind power generation in France, coupled with lower nuclear power supply, sent French day-ahead power prices last week to the highest in nearly a decade as demand rose with the arrival of colder weather. 

Day-ahead power prices in the Nordic region for Monday jumped to a record high on the Nord Pool exchange, as the low temperatures combined with lower power supply from renewables and high gas prices. 

With tight natural gas supply and uncertainty whether and when Russian gas flows could be significantly raised, Europe's power and gas systems and markets are facing the toughest test yet this winter season. "

Edited November 30, 2021 by Ecocharger

[Boat + 1,324]

On 11/24/2021 at 9:41 AM, notsonice said:

as a NAFTA dispute???? what a joke. There is nothing in NAFTA that concerns pipelines. NAFTA does not give anyone the right to build pipelines in the US. Read the treaty first before posting. No one is stopping  TC Energy from importing crude oil into the US, they can rail in all the crude they want.  Did you get your law degree from Trump U? PS the filing is just a repeat of the TC Energy filing of a ISDS dispute under NAFTA in  January 2016 which went nowhere.

Endbridge is a large pipeline company from Canada. Most of the tar sands from Alberta run through endbridge pipelines. The largest shareholder of endbridge stock is the Canadian Government. Let’s call Canada little China just for fun. The Canadian people are much greener than the Canadian Government so even the Canadian Gov can’t run a pipeline to the coast. Just like Biden can see US fracking flaring from space we can see endbridge tar sand pipelines mar US land to the Gulf. 
The Biden blame misdirection political football allows imports, exports and big time pollution for fuels the US doesn’t need. Let’s all freak out about being energy independent by importing and exporting world FF. Brilliant. 

[Boat + 1,324]

7 minutes ago, Ecocharger said:

Here is the result of government Green policies, an energy disaster, getting worse by the month.

https://oilprice.com/Energy/Natural-Gas/What-Happens-If-Europe-Runs-Out-Of-Gas.html

""We haven't got enough gas at the moment, quite frankly. We're not storing for the winter period," Weir said at the FT Commodities Asia Summit in the middle of November. 

"So hence there is a real concern that . . . if we have a cold winter that we could have rolling blackouts in Europe," Trafigura's chief executive said. 

The natural gas crunch is pushing power prices in Europe to record or near record highs. A very cold and still winter weather with low wind speeds would further exacerbate the power supply shortage, especially in north Europe, which relies on wind generation for part of its electricity supply. 

For example, lower wind power generation in France, coupled with lower nuclear power supply, sent French day-ahead power prices last week to the highest in nearly a decade as demand rose with the arrival of colder weather. 

Day-ahead power prices in the Nordic region for Monday jumped to a record high on the Nord Pool exchange, as the low temperatures combined with lower power supply from renewables and high gas prices. 

With tight natural gas supply and uncertainty whether and when Russian gas flows could be significantly raised, Europe's power and gas systems and markets are facing the toughest test yet this winter season. "

What happened to all the gas that was bought on long term contracts? Don’t bbq for a week and there will be a surplus. 

[notsonice + 1,255]

On 11/26/2021 at 11:53 PM, Ecocharger said:

It looks like Biden & Co. will lose this one. Check the precedent detailed in the article.

“TC has a great legal case going in,” Hufbauer said. “This was well out of the norm of customary government behavior.”"

you must be a Trump U grad.............Great legal case in ??????...Not as a NAFTA dispute. .They should be appealing in US courts as they are not being denied the ability to import oil they are being denied the right to build a pipeline in the US, something that is not covered by NAFTA. Enjoy babbling, it is all you have left.

[notsonice + 1,255]

On 11/28/2021 at 1:01 PM, ronwagn said:

Bye again jerk. You have nothing to offer. Several stories are available at L.A. Times and all contradict their own green dream positions. 

 

On 11/28/2021 at 1:01 PM, ronwagn said:

Bye again jerk. You have nothing to offer. Several stories are available at L.A. Times and all contradict their own green dream positions. 

ha ha ha, you babble bs ..... It is all about how bad California is damaged by lithium mining...yet there are  no lithium mines in California. Call me a jerk? You are the one babbling BS....do you not like it when your BS is called out???? You offered nothing but made up garbage....It is all about how bad California is damaged by lithium mining....More made up BS brought to you by the Great BSer Ron

Edited November 30, 2021 by notsonice

[Ecocharger + 1,474]

The future of battery powered vehicles looks like it will be strictly LOW performance.

https://oilprice.com/Energy/Crude-Oil/Battery-Metals-Boom-Might-Cancel-Cobalt.html

"Lithium-ion batteries contain a variety of elements, including lithium, nickel, aluminum, iron, manganese, and cobalt. Of these metals, cobalt is the most expensive, with the average cost of the blue metal surpassing the cost of all the other battery metals put together over the past four years. EV batteries can hold up to 20 kg of Cobalt in each 100 kilowatt-hour (kWh) pack, with cobalt making up to 20% of the weight of the cathode in lithium-ion EV batteries. 

And that’s bad news because cobalt is considered the highest material supply chain risk for electric vehicles in both the short and medium term. Further, cobalt is produced as a by-product of copper or nickel mining, and is, therefore, affected by the demand and pricing of those metals. Indeed, cobalt prices have rocketed 105% since the beginning of 2021, to trade at $65,800 per metric ton.

More worryingly, beyond its price, cobalt mining comes with a huge human cost, too: about 60% comes from the Democratic Republic of the Congo, where mining has been linked to child labor and deaths."

Edited December 1, 2021 by Ecocharger

[Ecocharger + 1,474]

On 11/30/2021 at 12:49 AM, notsonice said:

 

ha ha ha, you babble bs ..... It is all about how bad California is damaged by lithium mining...yet there are  no lithium mines in California. Call me a jerk? You are the one babbling BS....do you not like it when your BS is called out???? You offered nothing but made up garbage....It is all about how bad California is damaged by lithium mining....More made up BS brought to you by the Great BSer Ron

Lithium MINES? Who wants those in the backyard?  You must be dreaming in technicolor.

[Ecocharger + 1,474]

On 11/30/2021 at 12:37 AM, notsonice said:

you must be a Trump U grad.............Great legal case in ??????...Not as a NAFTA dispute. .They should be appealing in US courts as they are not being denied the ability to import oil they are being denied the right to build a pipeline in the US, something that is not covered by NAFTA. Enjoy babbling, it is all you have left.

You are off track again (am I surprised? No.). This is a grandfathered NAFTA case and the U.S. will lose.

[Ecocharger + 1,474]

On 11/30/2021 at 12:22 AM, Boat said:

What happened to all the gas that was bought on long term contracts? Don’t bbq for a week and there will be a surplus. 

Disaster always occurs when you declare war on 84% of your energy supply. This was inevitable.

[Boat + 1,324]

That’s what China needed was some blackouts to clear the air and inspiring innovation. Those Mongolian hoards better get to digging some coal to keep up with EV demand.

[Boat + 1,324]

[Boat + 1,324]

[Boat + 1,324]

Yea, yea, yea, electric out the Wazoo. Putin’s days of power and money from transportation are limited.

[Eyes Wide Open + 3,555]

1 hour ago, Boat said:

Yea, yea, yea, electric out the Wazoo. Putin’s days of power and money from transportation are limited.

More dribble from the woken one, now grasshopper understand this. Russia still has enough power to end China's existence several times over..

Analysis if you would plz?

S.Korea scrambles fighter jets as China, Russia aircraft enter air defense zone

https://www.reuters.com/world/skorea-scrambles-fighter-jets-china-russia-aircraft-enter-air-defense-zone-2021-11-19/

[Ecocharger + 1,474]

Oil long-term looks strong.

https://oilprice.com/Energy/Oil-Prices/Jefferies-Fully-Reopened-World-Could-See-150-Oil.html

"“In a really fully reopened world, the oil price could go to a $150 dollars because the supply constraints are dramatic,” Wood said.

In recent years, the demonization of oil and gas, or as Wood described it—the “political attack”—on fossil fuels, has reduced investment in the fossil fuel industry, which still supplied 84 percent of global energy demand in 2020.

“The issue for me is not the oil price, the issue is the pandemic. The oil price is gonna go higher in a fully reopened world because nobody’s investing in oil but the world still consumes fossil fuels,” Wood told CNBC.

Much higher oil prices would escalate the inflation fears, he added.

Although the oil market currently frets about the potential impact of the new Covid variant on global oil demand, consumption will sooner or later rebound again, even if it dips in the coming months. At that point, be it in 2022 or 2023, supply could be struggling to meet demand, also because of the shrinking capacity within the OPEC+ group to boost production."

Edited December 2, 2021 by Ecocharger