GREEN NEW DEAL = BLIZZARD OF LIES

[Jay McKinsey + 1,490]

10 hours ago, ronwagn said:

1. The latest report by Bloomberg New Energy Finance shows that by 2040, 58% of global passenger vehicle sales will come from electric vehicles. At the same time, they will make up less than 33% of all the cars on the road.

Ron, you dumble butt. I have quoted your post in relevant part above. It is an old forecast from Bloomberg New Energy Finance. Unless of course you think that it is now 2041.

Below is the new forecast from Bloomberg New Energy Finance (NEF) that I posted:

2 hours ago, Jay McKinsey said:

 

 

And it is wrong, EV sales will be +90% in 2040.

Edited December 14, 2021 by Jay McKinsey

[ronwagn + 6,290]

1 hour ago, Jay McKinsey said:

Ron, you dumble butt. I have quoted your post in relevant part above. It is an old forecast from Bloomberg New Energy Finance. Unless of course you think that it is now 2041.

Below is the new forecast from Bloomberg New Energy Finance (NEF) that I posted:

 

And it is wrong, EV sales will be +90% in 2040.

OK, Grand Predictor of the future.

[ronwagn + 6,290]

https://oilprice.com/Energy/Crude-Oil/House-Democrats-Reintroduce-Bill-To-Ban-Fracking-Oil-Exports.html

[Rob Plant + 2,756]

Jay I like your new hat!

[Ecocharger + 1,474]

The frenzied schizophrenic response to the Green Revolution continues to drive up fossil fuel prices world wide.

https://oilprice.com/Energy/Energy-General/Banks-Put-Pressure-On-Oil-Companies-To-Go-Green.html

"When Jane Fraser became chief executive of Citi, she pledged the bank would spend $1 trillion on financing the transition to a low-carbon economy. “At the end of the day, that will mean there are some choices as to which clients we will be serving and which ones we won’t be,” she said at the WSJ event. “One-size-fits-all won’t work for that.”

Meanwhile, the prices of all fossil fuels are rising because demand is rising. Coal plants in Germany, Bloomberg reported last month, are more profitable than gas plants because of the difference in prices.

“We’re starting to see again the familiar signs of conventional thermal power sources having to step in to fill the gap left by intermittent renewable generation,” Victory Hill Capital Advisors said in a note addressing the situation in the UK, as quoted by Bloomberg. “Should this trend continue into December and January, it is likely that power prices will again rise to seasonal highs as national grid calls on more gas and coal to meet demand.”

This is the hard reality that neither banks nor regulators would be willing to acknowledge in their public communications. Investors want ESG commitments. Banks want to make their investors happy, so they make ESG commitments, whatever the realities of the energy market. But they also keep doing business with the dirty industry, commitments and all."

[Ecocharger + 1,474]

On 12/13/2021 at 2:44 AM, notsonice said:

2021 – a breakthrough year for electric vehicles

We are in the middle of the biggest revolution in motoring since Henry Ford's first assembly line was installed in 1913. Are we moving faster than expected?

8 December 2021

• The global EV market — including hybrid electric vehicles (HEVs), plug-in HEVs (PHEVs), and battery-electric vehicles (BEVs) — continued to heat up in 2021 despite the Covid-19 pandemic
• Incentives and an explosion in the number of new EV models came together at the right time, energizing both supply and demand

 

They said the 2020s will be the decade of the electric car — and they are not wrong. For starters, despite a pandemic-related worldwide downturn in car sales, the global sales of electric vehicles (EVs) increased by a staggering 41% in 2020. Even better, by 2021 EV sales around the world grew by a record 160% within the first half of the year alone.

Contributing to the resilience of EV sales in the face of the pandemic were efforts by automakers who have been shaking up and electrifying their lineups. There have also been supportive regulatory frameworks put in place, more governments announcing incentives to safeguard EV sales from an economic downturn, and perhaps more importantly, the expansion of the number of EV models while battery costs had continued to fall.

Did the public embrace electric vehicles better in 2021?

If you look into every major technological advancement we have endured over the past centuries, they all follow remarkably similar paths to broad adoption. As Rapid Shift put in its report, “they putter along until they hit that magic sweet spot of value and convenience — and then they take off. Adoption rapidly increases until the market is close to saturated, when it trails off.”

To put it in context, much like the internet in the 90s, the electric car market is now growing exponentially. As of now, it is estimated that drivers around the world will buy around 5.6 million electric passenger vehicles this year, according to a recent report from BloombergNEF released in concert with the COP26 United Nations Climate Change Conference.

Global EV sales. Source: BloombergNEF

That is basically double the number purchased last year and, more importantly, it represents almost 8% of all vehicle sales. The more interesting fact is that today, there are more than 500 models of EVs and fuel cell vehicles available for sale — just six years ago, that figure was under 100.

The more apparent interest is mainly attributed to the flurry of investments in a range of areas, from charging infrastructure to energy storage and transmission, involving a combination of government, utility, and private firms around the world. In fact, with many governments around the world setting targets to ban the sale of petrol and diesel vehicles, it indirectly gives impetus to the entire transition process.

Again, this ignores the fact that EVs are still a fraction of a fraction of a fraction of 1% of rolling stock, so this is still chicken feed in terms of total vehicles. Still miniscule.

[Ecocharger + 1,474]

16 hours ago, turbguy said:

Huh.

What does that mean?

Vetoing something changes nothing.

It changes everything as far as public noise is concerned.

[Ecocharger + 1,474]

More schizophrenia in the energy business, another case of "yes, we do" but "no, we don't".

Sounds like a lot of fence-sitting and sitting on the sidelines.

https://oilprice.com/Latest-Energy-News/World-News/HSBC-Sets-A-Deadline-For-Its-Asian-Clients-To-Quit-Coal.html

"HSBC will stop providing services to corporate clients that have involvement in coal as it seeks to phase out all financing for the coal industry by 2040 globally and by 2030 in the EU and the OECD, the bank said in a new policy.

“Eliminating coal-fired power emissions is the most symbolic and important milestone along the road to net zero,” said the chief sustainability officer of the bank, Celine Herweijer.

“Coal-fired power stations contribute roughly a fifth of global carbon emissions output, and the science very clearly tells us they can have no part of a net zero world. No new coal is no longer good enough: our attention has to turn to urgent phase-out of existing coal-fired power.”

BUT

"However urgent the phase-out of current coal-fired generation capacity, HSBC made a note of saying that a premature exit from coal will not be an option, aware that “An abrupt shift away from coal would literally turn the lights off for these people. It would endanger their most basic development needs, while disrupting industry and rendering a huge social impact from job losses in coal regions.”"

 

In other words, reality steps in, no one wants to degrade the standard of living, especially for the poorer segments of the world's population. Therefore, fossil fuels will continue to supply 85% of the world's energy needs going forward. "Peak oil"? What is that?

Edited December 14, 2021 by Ecocharger

[Boat + 1,324]

1 hour ago, Ecocharger said:

More schizophrenia in the energy business, another case of "yes, we do" but "no, we don't".

Sounds like a lot of fence-sitting and sitting on the sidelines.

https://oilprice.com/Latest-Energy-News/World-News/HSBC-Sets-A-Deadline-For-Its-Asian-Clients-To-Quit-Coal.html

"HSBC will stop providing services to corporate clients that have involvement in coal as it seeks to phase out all financing for the coal industry by 2040 globally and by 2030 in the EU and the OECD, the bank said in a new policy.

“Eliminating coal-fired power emissions is the most symbolic and important milestone along the road to net zero,” said the chief sustainability officer of the bank, Celine Herweijer.

“Coal-fired power stations contribute roughly a fifth of global carbon emissions output, and the science very clearly tells us they can have no part of a net zero world. No new coal is no longer good enough: our attention has to turn to urgent phase-out of existing coal-fired power.”

BUT

"However urgent the phase-out of current coal-fired generation capacity, HSBC made a note of saying that a premature exit from coal will not be an option, aware that “An abrupt shift away from coal would literally turn the lights off for these people. It would endanger their most basic development needs, while disrupting industry and rendering a huge social impact from job losses in coal regions.”"

 

In other words, reality steps in, no one wants to degrade the standard of living, especially for the poorer segments of the world's population. Therefore, fossil fuels will continue to supply 85% of the world's energy needs going forward. "Peak oil"? What is that?

Peak oil is made from Mongolian coal Eco elspamo dreamed up. It’s a hoard of black FF that will vote Chinese if given a chance. Putin just wants to lick some. Biden wants ban some. California will put some in a vice and make diamonds and give them free to transvestite surgery recipients just to make you mad. 

[Ecocharger + 1,474]

8 minutes ago, Boat said:

Peak oil is made from Mongolian coal Eco elspamo dreamed up. It’s a hoard of black FF that will vote Chinese if given a chance. Putin just wants to lick some. Biden wants ban some. California will put some in a vice and make diamonds and give them free to transvestite surgery recipients just to make you mad. 

California needs coal and imports energy from other states which produce energy from oil, natural gas and coal....and then then ships it to California...and California then complains about fossil fuels.

California comedy routine....

[Jay McKinsey + 1,490]

5 hours ago, Ecocharger said:

Again, this ignores the fact that EVs are still a fraction of a fraction of a fraction of 1% of rolling stock, so this is still chicken feed in terms of total vehicles. Still miniscule.

Actually your favorite aphorism is now incorrect.  EVs are now 1% of vehicle stock.

https://assets.bbhub.io/professional/sites/24/BNEF-Zero-Emission-Vehicles-Factbook_FINAL.pdf

Edited December 14, 2021 by Jay McKinsey

[notsonice + 1,255]

5 hours ago, Ecocharger said:

Again, this ignores the fact that EVs are still a fraction of a fraction of a fraction of 1% of rolling stock, so this is still chicken feed in terms of total vehicles. Still miniscule.

8 percent of global sales in 2021. 2022? 11 to 15 percent....... 2023 14 to 17 percent......... 2024 17 to 20 percent......at what point do you concede that you are babbling BS day in and day out? 8 percent is not chicken feed. Only reason it was 8 percent is the lack of supply not demand. Enjoy the thought

[notsonice + 1,255]

2 hours ago, Ecocharger said:

California needs coal and imports energy from other states which produce energy from oil, natural gas and coal....and then then ships it to California...and California then complains about fossil fuels.

California comedy routine....

California needs coal???? How many coal fired power plants left in California today??? 1 supplying .03% of the electricity in California.... How many coal fired power plants out of state supplying power to California??? at most today 5 and dwindling every year...

[Eyes Wide Open + 3,555]

27 minutes ago, notsonice said:

8 percent of global sales in 2021. 2022? 11 to 15 percent....... 2023 14 to 17 percent......... 2024 17 to 20 percent......at what point do you concede that you are babbling BS day in and day out? 8 percent is not chicken feed. Only reason it was 8 percent is the lack of supply not demand. Enjoy the thought

As alway's deep in that warped mind of your's their is some truth...Lack of supply does comes to mind...Now the rest of the story. Your back up Babbles.

Scarcity Tactics: Low on Inventory, Auto Dealers Cash In on Higher Prices

Be prepared for pandemic-related supply-chain issues to linger for quite some time, keeping

That economic situation has flipped today. Recently, Jeremy Beaver, president of Del Grande Dealer Group in San Jose, California, was examining a spreadsheet tracking inventory in the company, which owns 15 dealerships and normally has about 4000 cars in stock. "I'm looking at it right now, and it's crazy," Beaver says. "We have 600 new cars. Cars come in, and they pretty much leave immediately because people have already purchased them."

https://www.caranddriver.com/features/a37823495/auto-dealers-low-inventory-profits/

 

 

[Jay McKinsey + 1,490]

15 minutes ago, Eyes Wide Open said:

As alway's deep in that warped mind of your's their is some truth...Lack of supply does comes to mind...Now the rest of the story. Your back up Babbles.

Scarcity Tactics: Low on Inventory, Auto Dealers Cash In on Higher Prices

Be prepared for pandemic-related supply-chain issues to linger for quite some time, keeping

That economic situation has flipped today. Recently, Jeremy Beaver, president of Del Grande Dealer Group in San Jose, California, was examining a spreadsheet tracking inventory in the company, which owns 15 dealerships and normally has about 4000 cars in stock. "I'm looking at it right now, and it's crazy," Beaver says. "We have 600 new cars. Cars come in, and they pretty much leave immediately because people have already purchased them."

https://www.caranddriver.com/features/a37823495/auto-dealers-low-inventory-profits/

 

 

What does that have to do with electric vehicles? EV sales are increasing while ICE sales are decreasing.

Edited December 14, 2021 by Jay McKinsey

[Eyes Wide Open + 3,555]

32 minutes ago, Jay McKinsey said:

What does that have to do with electric vehicles? EV sales are increasing while ICE sales are decreasing.

Calm down Tinker bell, it's merely a temporary market speed bump.

Edited December 14, 2021 by Eyes Wide Open

[QuarterCenturyVet + 312]

1 hour ago, notsonice said:

California needs coal???? How many coal fired power plants left in California today??? 1 supplying .03% of the electricity in California.... How many coal fired power plants out of state supplying power to California??? at most today 5 and dwindling every year...

Imports, dummy.

That's what he said. 

[Jay McKinsey + 1,490]

1 hour ago, Eyes Wide Open said:

Calm down Tinker bell, it's merely a temporary market speed bump.

Yet somehow sales of EV's in the US have almost doubled in the past year.

According to the car registration data from Experian (via Automotive News), some 378,466 electric vehicles were registered from January to October 2021, which is 94% more than in 2020 at this point. https://insideevs.com/news/553972/us-bev-sales-october-2021/

Don't worry, I haven't forgotten your prediction that EV sales in the US will decrease next year.

[Jay McKinsey + 1,490]

1 hour ago, QuarterCenturyVet said:

Imports, dummy.

That's what he said. 

No he said "California needs coal and imports energy from other states which produce energy from oil, natural gas and coal." You guys really suck at reading comprehension.

In state generation from coal consists of one plant that runs a chemical factory in the middle of the desert. 

Including imports California electricity is 2.74% from coal:

https://www.energy.ca.gov/data-reports/energy-almanac/california-electricity-data/2020-total-system-electric-generation

Edited December 15, 2021 by Jay McKinsey

[notsonice + 1,255]

56 minutes ago, QuarterCenturyVet said:

Imports, dummy.

That's what he said. 

imports? Coal into California? for what reason? Are all Canadians brain dead like yourself? Stay in school Junior , one of these years you will pass the 6th grade.

[notsonice + 1,255]

2 hours ago, Eyes Wide Open said:

As alway's deep in that warped mind of your's their is some truth...Lack of supply does comes to mind...Now the rest of the story. Your back up Babbles.

Scarcity Tactics: Low on Inventory, Auto Dealers Cash In on Higher Prices

Be prepared for pandemic-related supply-chain issues to linger for quite some time, keeping

That economic situation has flipped today. Recently, Jeremy Beaver, president of Del Grande Dealer Group in San Jose, California, was examining a spreadsheet tracking inventory in the company, which owns 15 dealerships and normally has about 4000 cars in stock. "I'm looking at it right now, and it's crazy," Beaver says. "We have 600 new cars. Cars come in, and they pretty much leave immediately because people have already purchased them."

https://www.caranddriver.com/features/a37823495/auto-dealers-low-inventory-profits/

 

 

when you lose, do you babble all the time?Try to stay on topic, your BS is not cutting it. The Topic is EV demand and supply...the question is Would EV's in 2021 have higher sales than 8 percent of the global  market if there was more production. My bet is double.... You? just babbling is all you have?

[Eyes Wide Open + 3,555]

10 minutes ago, notsonice said:

when you lose, do you babble all the time?Try to stay on topic, your BS is not cutting it. The Topic is EV demand and supply...the question is Would EV's in 2021 have higher sales than 8 percent of the global  market if there was more production. My bet is double.... You? just babbling is all you have?

There is no demand from the US consumer there is simply no supply...just frustration. Take notes Babbles with Geese...Below your kind of guy....LMAO 

CarGurus CEO: New car inventory is up, but still down about 70% from last year

https://www.cnbc.com/video/2021/11/11/cargurus-ceo-new-car-inventory-is-up-but-still-down-about-70percent-from-last-year.html

Edited December 15, 2021 by Eyes Wide Open

[Boat + 1,324]

Let’s go to pollution deaths in California.

 

About one out of every 37 people in Kern County—current population 871,337—died of CLRD over that time. This is 12 times higher than the death rate from CLRD for California, which is 87,725 deaths in the same years, and 14 times higher than the rate for the U.S., which is 602,465 deaths. Kern County's residents are about 28 times more likely to die from CLRD than people in San Francisco County, which has a similar sized population.

CLRD diseases—which include asthma, chronic obstructive pulmonary disease, occupational lung diseases and pulmonary hypertension—are the third leading cause of death in the U.S. More than 11 million Americans were diagnosed in 2015.

Gotta love data. We’ll, if your fortunate to be woke you’ll like it some. Lol

[Jay McKinsey + 1,490]

6 minutes ago, Eyes Wide Open said:

There is no demand from the US consumer there is simply no supply...just frustration. Take notes Babbles with Geese...Below your kind of guy....LMAO 

CarGurus CEO: New car inventory is up, but still down about 70% from last year

https://www.cnbc.com/video/2021/11/11/cargurus-ceo-new-car-inventory-is-up-but-still-down-about-70percent-from-last-year.html

What are you babbling about? He clearly says that inventory is up from last month but still down 70% from last year. Or are you babbling about something else?

Edited December 15, 2021 by Jay McKinsey

[Eyes Wide Open + 3,555]

1 minute ago, Jay McKinsey said:

What are you babbling about? He clearly says that inventory is up from last month but still down 70% from last year. Or are you babbling about something else?

Kinda runs in the same vein as TwitterVille...Losses 5 billion and and the next day he made it back....Speaking to that burned out dweeb...where is he at today? 

Twitter loses $5 billion in market value after Trump is permanently barred from the platform

https://markets.businessinsider.com/news/stocks/twitter-stock-price-president-donald-trump-permanently-banned-tweeting-2021-1