Boat + 1,288 RG January 23 (edited) 1 hour ago, Eyes Wide Open said: I see your in-depth analysis is somewhat lacking. This cabal of actors all converging under the Democratic party has failed. Build back better has failed, and Boat writing vouchers/IOU'S will not work in the real world. Monkey see Monkey Do has come to a end in Europe, fourtantley only small pockets in the US have been effected and sadly those citizens will pay the price. It is time for the Woken Ascension. Going quietly into the Dark Night would be in your own best interests. A nice bit if dribble meaning nothing. Seems you practice at saying nothing meaningful. BTW it’s never night where there is flaring. Edited January 23 by Boat Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,199 January 23 (edited) 34 minutes ago, Boat said: A nice bit if dribble meaning nothing. Seems you practice at saying nothing meaningful. BTW it’s never night where there is flaring. Dribble indeed, Awaken child to your Dark Visions. Europe’s deepening energy crisis | Video 23 Dec 2021 07:20pm BookmarkShare Europe's energy crisis has deepened, with gas prices soaring to record highs after supply from a key Russian pipeline stopped amid plunging temperatures in Moscow. EU leaders have been criticised for failing to agree on joint action to soften the blow on consumers. From Berlin, Trent Murray takes a look at how households are coping. https://www.channelnewsasia.com/watch/europes-deepening-energy-crisis-video-2398396 Europe's Governments Set to Spend Billions as Energy Crisis Deepens September 23, 2021 11:24 AM https://www.voanews.com/a/europe-governments-set-to-spend-billions-as-energy-crisis-deepens/6242426.html EU energy crisis deepens as France and Germany ‘make a mockery' of green transition plan https://www.express.co.uk/news/science/1539643/eu-news-energy-crisis-deepens-france-germany-green-taxonomy-nuclear-gas Russia says ‘short-sighted’ EU has only itself to blame for energy crisis ‘Incorrect planning, short-term energy policy is a headache for European politicians, which they are trying to pass on to others,’ says deputy PM. Europe's energy crisis is making the market nervous. And analysts expect record-high prices to persist PUBLISHED THU, SEP 16 2021 1:48 AM EDTUPDATED THU, SEP 16 2021 6:56 AM EDT Sam Meredith @SMEREDITH19 httpshttpshttps://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html Edited January 23 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,120 er January 23 1 hour ago, Boat said: A nice bit if dribble meaning nothing. Seems you practice at saying nothing meaningful. BTW it’s never night where there is flaring. Obviously you have no idea how the oil-field works to say "never" right where there is flaring. Shows your ignorance! Quote Share this post Link to post Share on other sites
Boat + 1,288 RG January 24 2 hours ago, Eyes Wide Open said: Dribble indeed, Awaken child to your Dark Visions. Europe’s deepening energy crisis | Video 23 Dec 2021 07:20pm BookmarkShare Europe's energy crisis has deepened, with gas prices soaring to record highs after supply from a key Russian pipeline stopped amid plunging temperatures in Moscow. EU leaders have been criticised for failing to agree on joint action to soften the blow on consumers. From Berlin, Trent Murray takes a look at how households are coping. https://www.channelnewsasia.com/watch/europes-deepening-energy-crisis-video-2398396 Europe's Governments Set to Spend Billions as Energy Crisis Deepens September 23, 2021 11:24 AM https://www.voanews.com/a/europe-governments-set-to-spend-billions-as-energy-crisis-deepens/6242426.html EU energy crisis deepens as France and Germany ‘make a mockery' of green transition plan https://www.express.co.uk/news/science/1539643/eu-news-energy-crisis-deepens-france-germany-green-taxonomy-nuclear-gas Russia says ‘short-sighted’ EU has only itself to blame for energy crisis ‘Incorrect planning, short-term energy policy is a headache for European politicians, which they are trying to pass on to others,’ says deputy PM. Europe's energy crisis is making the market nervous. And analysts expect record-high prices to persist PUBLISHED THU, SEP 16 2021 1:48 AM EDTUPDATED THU, SEP 16 2021 6:56 AM EDT Sam Meredith @SMEREDITH19 httpshttpshttps://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html://www.cnbc.com/2021/09/16/europes-energy-crisis-is-making-the-market-nervous-ahead-of-winter.html As if higher energy prices is that big a deal. It will just push investment dollars towards an electric even faster. This is not doom but happy days. These prices also allow frackers to keep the US energy independant and keep growing. So far so good. Don’t worry, it won’t be long and we’ll be in the days of glut and low prices. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,199 January 24 10 minutes ago, Boat said: As if higher energy prices is that big a deal. It will just push investment dollars towards an electric even faster. This is not doom but happy days. These prices also allow frackers to keep the US energy independant and keep growing. So far so good. Don’t worry, it won’t be long and we’ll be in the days of glut and low prices. A Contient going dark and you decry pricing, a question how many chit sandwiches can one consume in a lifetime? I suggest you have lost count long ago. Hmm I reckon that Is...!!!!! Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment. https://www.nytimes.com/2022/01/02/business/europe-green-investments-nuclear-natural-gas.html 2 Quote Share this post Link to post Share on other sites
Boat + 1,288 RG January 24 The Morocco - UK Power Project The Xlinks Morocco-UK Power Project will be a new electricity generation facility entirely powered by solar and wind energy combined with a battery storage facility. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be connected exclusively to Great Britain via 3,800km HVDC sub-sea cables. This “first of a kind” project will generate 10.5GW of zero carbon electricity from the sun and wind to deliver 3.6GW of reliable energy for an average of 20+ hours a day. This is enough to provide low-cost, clean power to over 7 million British homes by 2030.Once complete, the project will be capable of supplying 8 percent of Great Britain’s electricity needs. The Morocco-UK Power Project will be powered by a wind and solar farm, approximately 1,500km2 in size, within Morocco’s Guelmim Oued Noun region. The wind farm will utilise the reliable Trade Winds in the region, which are driven by the temperature differential between the Atlantic Ocean and African continent. The windspeed at the generation site increases throughout the late afternoon and evening, ensuring power can be delivered to Britain during times of peak demand. The project will benefit from a 20GWh/5GW battery facility, which will provide confidence that the power generated can be stored and delivered to Britain at the times when it is most needed. This will primarily be provided by Lithium-ion batteries like those used in electric cars, home battery systems and utility scale storage projects throughout the world. Looks like I can find stuff happening in Europe from Texas in minutes. Why can’t you? Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 (edited) 7 hours ago, Eric Gagen said: That was part of the process of upgrading areas with older housing stock for modern plumbing in the late 19th and early 20th centuries too. - they needed to have water service, sewer service, and household piping installed. The requirements for electrical grid upgrades in our time are precisely comparable. The expense for upgrading every urban electrical infrastructure is mind boggling. And probably prohibitive for anything above 25% of the vehicle stock. But long before that number is reached, the costs of EVs inputs will put the new mode of personal transport beyond the reach of the average American family, so the issue is purely academic. Edited January 24 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 (edited) American investment into energy is being derailed and misdirected by a mad philosophy unrelated to the realities of science. https://oilprice.com/Finance/the-Markets/New-ESG-Wave-Hits-Wall-With-Disinterested-Investors.html "Another FT report from this month cited fund industry insiders as saying some managers were less than thrilled with the wave of ESG washing over the industry. According to the report, a growing number of passive funds are including ESG requirements for the companies they track because of the flow of investment into ESG-aligned businesses. The trend has gathered so much momentum that some of Europe’s biggest ETF providers are changing the indices that some of their products track. These include iShares, BNP Paribas, and DWS, and they are causing some resentment among fund selectors as they cut off access to companies such as Shell. According to one industry source the FT spoke to, this resentment is not a common sentiment, but it’s not unheard of, either. “I can understand that some investors are concerned when ETF promoters change the underlying indices of their ETFs since they may have a different investment objective than that of the new index,” Detlef Glow, a senior executive at Refinitiv Lipper, told the FT." "The energy segment of the S&P 500 rose by a combined 46.3 percent last year, versus 24.3 percent for the overall index, according to data released in December. But that’s not all. The Energy Select Sector SPDR Fund gained 46.60 percent between January and mid-December 2021, and the SPDR S&P Oil & Gas Exploration & Production ETF recorded a massive 64.31-percent gain in the period. Clearly, not everybody likes ESG. But everybody likes good returns." Edited January 24 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 (edited) Supply limitations for oil caused largely by ESG hectoring will push up oil prices going forward. https://oilprice.com/Energy/Oil-Prices/OPECs-Shrinking-Capacity-Could-Send-Oil-Above-100.html "Even OPEC officials admit that the OPEC+ group will struggle to increase supply as much as the nameplate monthly increase allows, and prices could spike to $100 a barrel, some officials from OPEC producers have recently told Reuters. Apart from Bank of America, other major Wall Street banks also predict that declining spare capacity and the inability of OPEC+ producers—except for just a few—to boost production will lead to triple-digit oil prices. Oil prices could hit $100 this year and rise to $105 per barrel in 2023 on the back of a “surprisingly large deficit” due to the milder and potentially briefer impact of Omicron on oil demand, Goldman Sachs said this week. Due to gas-to-oil substitution, supply disappointments, and stronger-than-expected demand in Q4 2021, OECD inventories are set to dip by the summer to their lowest levels since 2000, Goldman’s analysts note. Moreover, OPEC+ spare capacity is also set to decline to historically low levels of around 1.2 million bpd. “At $85/bbl, the market would remain at such critical levels, insufficient buffers relative to demand and supply volatilities, through 2023,” Goldman Sachs said in a note. JP Morgan, for its part, expects the falling spare capacity at OPEC+ to increase the risk premium in prices, and sees oil hitting $125 a barrel this year and $150 a barrel next year. " Edited January 24 by Ecocharger Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 10 hours ago, Ecocharger said: The expense for upgrading every urban electrical infrastructure is mind boggling. And probably prohibitive for anything above 25% of the vehicle stock. But long before that number is reached, the costs of EVs inputs will put the new mode of personal transport beyond the reach of the average American family, so the issue is purely academic. If even a skeptic like you thinks that there is room to run to 25% EV penetration before hitting limits of currrent infrastructure then things are looking good. Older housing stock will be upgraded in one of 4 ways by current owners for their own use prior to sale to enhance the property value later/last by incentives from government to assist those in poverty to be able to get new automobiles. Lastly some buildings in generally bad shape, or with ‘special problems’ like aluminum wiring or knob and tube junctions will be torn down and replaced. This is good, it allows obsolete housing stock to be cleared out. As for the cost of new EVs the current rise in raw materials is a mix of a ‘bump in the road’ due to unexpected demand and a general rise caused by the inflation put inept has caused. It’s not going to progress upward forever. Quote Share this post Link to post Share on other sites
Boat + 1,288 RG January 24 What if autonomous EV’s become the cheapest transportation for foods and products. Your rented van will drive itself home and charge itself. In areas or on some roads your battery may charge while driving. Or maybe you hop on a charger for a quick 5 min boost that will get you 200 miles. Location, location, Hollywood might have more options than Afghanistan. Going forward millions of EV.s will be produced per year. By 2030 maybe 15-20 million per year, who knows. But change it will and the infrastructure to charge it. My biggest hope is electricity grid demand won’t detour shutting down coal plants. That’s more of a bigger picture item for the lungs of us all. Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 5 minutes ago, Boat said: What if autonomous EV’s become the cheapest transportation for foods and products. Your rented van will drive itself home and charge itself. In areas or on some roads your battery may charge while driving. Or maybe you hop on a charger for a quick 5 min boost that will get you 200 miles. Location, location, Hollywood might have more options than Afghanistan. Going forward millions of EV.s will be produced per year. By 2030 maybe 15-20 million per year, who knows. But change it will and the infrastructure to charge it. My biggest hope is electricity grid demand won’t detour shutting down coal plants. That’s more of a bigger picture item for the lungs of us all. I almost included something about self driving cars in my response to @Ecocharger but I figured I would stick to solutions that work only with currently available technologies. I also left out curbside charging, since the worst/most crowded urban areas often don’t even have enough of that sort of parking for it to be a reasonable solution. Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 25 minutes ago, Eric Gagen said: I almost included something about self driving cars in my response to @Ecocharger but I figured I would stick to solutions that work only with currently available technologies. I also left out curbside charging, since the worst/most crowded urban areas often don’t even have enough of that sort of parking for it to be a reasonable solution. With universal EV ownership, any solution requires drastic upgrades of the grid. Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 54 minutes ago, Eric Gagen said: If even a skeptic like you thinks that there is room to run to 25% EV penetration before hitting limits of currrent infrastructure then things are looking good. Older housing stock will be upgraded in one of 4 ways by current owners for their own use prior to sale to enhance the property value later/last by incentives from government to assist those in poverty to be able to get new automobiles. Lastly some buildings in generally bad shape, or with ‘special problems’ like aluminum wiring or knob and tube junctions will be torn down and replaced. This is good, it allows obsolete housing stock to be cleared out. As for the cost of new EVs the current rise in raw materials is a mix of a ‘bump in the road’ due to unexpected demand and a general rise caused by the inflation put inept has caused. It’s not going to progress upward forever. Again, this is not about household wiring but community infrastructure, which is a much more costly problem. Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 39 minutes ago, Ecocharger said: Again, this is not about household wiring but community infrastructure, which is a much more costly problem. It's not that big of a deal - in the USA 90+% of grid/community wiring is in the air/overhead, especially in areas of older development which are most in need of improvement. When the penetration of EV's eventually gets high enough to strain existing grid capacity, it's a relatively simple matter of restringing the lines with thicker wire in a few key places, and upgrading (or doubling up) some of the transformers. I live in an area where brand new infrastructure of this sort is routinely installed for new residential and commercial buildings. It's quick and while it's not super cheap in terms of initial capital, these items are VERY long lasting. Imagining that it will somehow be some singular major project that requires financing and ruinous expense is a false conception of how electrical infrastructure gets upgraded - it gets done tiny bits at a time as needed, out of the operating budget of the utility system without any disruption at all. Usually it takes place without the end users of power even being aware that it is taking place. 2 Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 46 minutes ago, Ecocharger said: With universal EV ownership, any solution requires drastic upgrades of the grid. Yes - over the course of the next 30 years. 30 years ago, there was no infrastructure for cellular phones at all, and now we are getting 5G service at 'ruinous expense' i.e. out of the general operating budget of the cell phone service companies. You are somehow creating problems out of thin air, when every single similar infrastructure upgrade of this sort which has taken place in the last 150 years (the original electric grids, plumbing and sewage, cell phone networks) took place with relatively little cost over the course of any particular year. 1 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,162 RP January 24 This is pretty cool! 'AirCar': Dual-mode vehicle that can transform from a car into a plane is certified to fly after passing tests in Slovakia https://news.sky.com/story/aircar-dual-mode-vehicle-that-can-transform-from-a-car-into-a-plane-is-certified-to-fly-after-passing-tests-in-slovakia-12524205 Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 1 hour ago, Eric Gagen said: It's not that big of a deal - in the USA 90+% of grid/community wiring is in the air/overhead, especially in areas of older development which are most in need of improvement. When the penetration of EV's eventually gets high enough to strain existing grid capacity, it's a relatively simple matter of restringing the lines with thicker wire in a few key places, and upgrading (or doubling up) some of the transformers. I live in an area where brand new infrastructure of this sort is routinely installed for new residential and commercial buildings. It's quick and while it's not super cheap in terms of initial capital, these items are VERY long lasting. Imagining that it will somehow be some singular major project that requires financing and ruinous expense is a false conception of how electrical infrastructure gets upgraded - it gets done tiny bits at a time as needed, out of the operating budget of the utility system without any disruption at all. Usually it takes place without the end users of power even being aware that it is taking place. You need to find a source of electricity to transmit. Also, I do not see any hanging wires on poles around here, everything is buried for neighborhoods less than fifty years old. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 22 minutes ago, Rob Plant said: This is pretty cool! 'AirCar': Dual-mode vehicle that can transform from a car into a plane is certified to fly after passing tests in Slovakia https://news.sky.com/story/aircar-dual-mode-vehicle-that-can-transform-from-a-car-into-a-plane-is-certified-to-fly-after-passing-tests-in-slovakia-12524205 This is where we are now with EVs, just plans which probably will not translate into a common form of transport. 1 Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 11 minutes ago, Ecocharger said: You need to find a source of electricity to transmit. Also, I do not see any hanging wires on poles around here, everything is buried for neighborhoods less than fifty years old. Then your area isn’t one of the older areas that is going to have issues with the transition to home EV charging. Congratulations. I agree, finding sources of electricity is going to be a much more interesting process. It’s not 100% clear what the ‘winners’ for electricity generation wil be long term. Certainly wind and solar are some of them, but there will be others also, and it’s not clear which ones. Nuclear? (In various possible flavors) Grid scale batteries? Pumped storage? Natural gas? Each will probably see some level of success. Will any of them become the ‘go to’ default method of storage & generation that coal was for the 20th century? I have no idea. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,199 January 24 The US press is beginning to grasp the stark reality as to what is coming..This pivot will be a very difficult for many in the industry. The US Refuses to Fall in Love With Electric Cars As China and Europe lead the race to make electric vehicles mainstream, America lags behind. This is a problem. https://www.wired.com/story/evs-us-investment/ Quote Share this post Link to post Share on other sites
Ecocharger + 967 DL January 24 (edited) 2 hours ago, Eric Gagen said: Then your area isn’t one of the older areas that is going to have issues with the transition to home EV charging. Congratulations. I agree, finding sources of electricity is going to be a much more interesting process. It’s not 100% clear what the ‘winners’ for electricity generation wil be long term. Certainly wind and solar are some of them, but there will be others also, and it’s not clear which ones. Nuclear? (In various possible flavors) Grid scale batteries? Pumped storage? Natural gas? Each will probably see some level of success. Will any of them become the ‘go to’ default method of storage & generation that coal was for the 20th century? I have no idea. Nuclear....no thank you. Natural gas and coal will be the go-to sources. No, we lack capacity for 100% overnight, they have to dig it up and expand capacity for a universal system. And find new sources of electricity, new thermal plants using coal. Very expensive. Edited January 24 by Ecocharger Quote Share this post Link to post Share on other sites
Eric Gagen + 712 January 24 29 minutes ago, Ecocharger said: Nuclear....no thank you. Natural gas and coal will be the go-to sources. No, we lack capacity for 100% overnight, they have to dig it up and expand capacity for a universal system. And find new sources of electricity, new thermal plants using coal. Very expensive. I was looking in a global aspect. Plenty of places have already chosen nuclear, and are continuing to do so. Not sure why you would expect coal to make a comeback - ever. It's the most expensive option out there right now in places where natural gas is available, and trending more expensive in more and more places as the global LNG trade picks up, and the ability to construct solar and wind in more places becomes possible. China is trying to cut it down - they have the worlds highest coal production and price. They haven't succeeded yet, but they probably will within the next 20 years or so. India and Indonesia will see some modest increases in coal mined for the next 20 years or so, but everywhere else it's on the way out fast and hard. 3 Quote Share this post Link to post Share on other sites
notsonice + 693 DM January 24 1 hour ago, Ecocharger said: Nuclear....no thank you. Natural gas and coal will be the go-to sources. No, we lack capacity for 100% overnight, they have to dig it up and expand capacity for a universal system. And find new sources of electricity, new thermal plants using coal. Very expensive. coal will be the go-to sources.???? what country are you living in???? North Korea??? new thermal plants using coal.???? you are not dealing with reality..... Coal is dead in North America...... and Europe.....and.......Australia.....and in just about every corner of the globe with China and India working hard to stop all new coal fired plants. 1 Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 1,927 January 25 On 1/19/2022 at 1:41 AM, Wombat One said: How about a death tax of 90% on anybody worth more than $10 billion? Perhaps combine it with a $1m bounty? If they didn't begin as criminals, then that is what they all became? Warren Buffett actually thought it was crazy that his secretary paid a higher percentage tax than he did. In economics, this is called a "highly regressive" tax system. The problem currently are the trust funds, pension plans, etc which DO NOT DIE. Trusts etc needs sunsets where 100% is taken by the government or must have a total capital of no more than what 10-->100X average workers over their lifetimes make at most. Might have heard of the Rockefeller trust etc... The dude dies 100 years ago and his inheritors still run said fund completely skewing things as said "high society" as they call themselves(same in Europe) are completely out of touch with reality. Why we did away with the Nobility in the 19th century. Today, the "nobility" are the eternal trust fund babies. 1 Quote Share this post Link to post Share on other sites
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