Eyes Wide Open + 3,550 November 9, 2023 (edited) 3 hours ago, notsonice said: 460% more coal production,??????????? yet global coal production peaked in 2013 and has been flat ever since please keep babbling BS........it defines you Ya Don't Say..... China is building six times more new coal plants than other countries, report finds China permitted more coal power plants last year than any time in the last seven years, according to a new report released this week. It's the equivalent of about two new coal power plants per week. The report by energy data organizations Global Energy Monitor and the Centre for Research on Energy and Clean Air finds the country quadrupled the amount of new coal power approvals in 2022 compared to 2021. https://www.npr.org/2023/03/02/1160441919/china-is-building-six-times-more-new-coal-plants-than-other-countries-report-fin https://energyandcleanair.org/publication/india-enters-an-unnecessary-coal-plant-permitting-spree-in-2023/#:~:text=India has an estimated 65.3,%2C and 8.8 GW announced). Edited November 9, 2023 by Eyes Wide Open Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 9, 2023 (edited) 5 minutes ago, Eyes Wide Open said: Ya Don't Say..... China is building six times more new coal plants than other countries, report finds https://www.npr.org/2023/03/02/1160441919/china-is-building-six-times-more-new-coal-plants-than-other-countries-report-fin Once again, try reading the articles you post. "China leads the world in constructing new solar and new wind, while also building more coal plants than any other country, the report finds." "Champenois says the surge in permits last year could be China's coal industry seizing upon a last chance to get financing for new coal plants, which are increasingly uneconomical compared to renewables." China also has a lot of people, hence more need for energy. Edited November 9, 2023 by TailingsPond Quote Share this post Link to post Share on other sites
turbguy + 1,506 November 9, 2023 Here is something I didn't see coming... https://trib.com/news/state-regional/government-politics/air-force-nuclear-launch-sites-wind-turbines/article_54ea6cec-7e44-11ee-b47c-339e4f785115.html?utm_source=trib.com&utm_campaign=news-alerts&utm_medium=cio&lctg=86f40701d3bf0184aa03&tn_email_eh1=75bc67a24e86b42dd004d907005c2c624d45bebefa932a71166222427d4e795b Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 9, 2023 (edited) 4 minutes ago, TailingsPond said: Once again, try reading the articles you post. Indeed perhaps you might reconsider your abject ignorance of the world of energy... Menu India enters an unnecessary coal plant permitting spree in 2023 In 2023, India’s power companies and the Ministry of Environment, Forest and Climate Change’s Expert Appraisal Committee have ushered in a new coal permitting spree, the latest briefing from the Global Energy Monitor (GEM) and the Centre for Research on Energy and Clean https://energyandcleanair.org/publication/india-enters-an-unnecessary-coal-plant-permitting-spree-in-2023/#:~:text=India has an estimated 65.3,%2C and 8.8 GW announced). Edited November 9, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 9, 2023 (edited) 4 minutes ago, Eyes Wide Open said: Indeed perhaps you might reconsider your abject ignorance of the world of energy... enters an unnecessary coal plant permitting spree in 2023 Unnecessary coal plant permitting spree? Try reading the articles, in this case you didn't even read the title. "Based on five-year projections in India’s latest National Electricity Plan (NEP), more than 8 GW of non-captive coal-fired power plant capacity in active construction is unnecessary, and all 34.9 GW of the pre-construction capacity is also not needed." Edited November 9, 2023 by TailingsPond 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 9, 2023 (edited) 1 minute ago, TailingsPond said: Unnecessary coal plant permitting spree? Try reading the articles, in this case you didn't even read the title. "Based on five-year projections in India’s latest National Electricity Plan (NEP), more than 8 GW of non-captive coal-fired power plant capacity in active construction is unnecessary, and all 34.9 GW of the pre-construction capacity is also not needed." Just another day in Green Paradise. Germany Brings Back Mothballed Coal Plants to Help Keep Lights On Three plants from RWE and LEAG in stand-by to be switched on Measure should help nation save gas, economy ministry says https://www.bloomberg.com/news/articles/2023-10-04/germany-orders-three-old-lignite-plants-to-operate-in-winter Edited November 9, 2023 by Eyes Wide Open 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 9, 2023 (edited) 12 minutes ago, Eyes Wide Open said: Just another day in Green Paradise. Germany Brings Back Mothballed Coal Plants to Help Keep Lights On Three plants from RWE and LEAG in stand-by to be switched on Mothballed plants in stand-by is your best argument? You are too easy... try harder, fail harder. Edited November 9, 2023 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,409 DL November 9, 2023 (edited) 9 hours ago, TailingsPond said: So you accept EV sales softening is not due to the EV's themselves but due to market factors you failed to predict? You have to accept your "predictions" were garbage. You don't look at actual market forces, you just continually repeat the same biased lines about how "oil is strong and EV's are dead." $83.00 to $75.00 in just 5 days. -9.64% in just 5 days... what a great investment! Can't pretend to be and economist if you don't look at the math occasionally. Stumbling EV sales is due to the excessive price differentials between fossil fuel cars, whose sales are sustaining well at the moment, compared to the overpriced EVs, and it is the EVs which are currently stumbling. In the new high interest rate world, EVs are becoming irrelevant to the American consumer, and even European buyers are reducing EV purchases. I will lend you my handkerchief so you can weep some more. Oil production is currently at an all-time high thanks to increasing American production of oil in response to Biden's pleas for more oil. It is probable that world oil production is increasing. "Tanker tracking data suggests that the highest number of vessels in years is headed to the U.S. to pick up crude oil cargoes. The large fleet of supertankers bound for the United States highlights the increasingly growing role American crude plays on the global oil market. WTI Midland is becoming more and more important in the Dated Brent assessment" https://oilprice.com/Energy/Crude-Oil/US-Crude-Oil-Exports-Are-Soaring-To-Record-Highs.html Edited November 9, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
notsonice + 1,175 DM November 9, 2023 4 minutes ago, Ecocharger said: Stumbling EV sales is due to the excessive price differentials between fossil fuel cars, whose sales are sustaining well at the moment, compared to the overpriced EVs, and it is the EVs which are currently stumbling. In the new high interest rate world, EVs are becoming irrelevant to the American consumer, and even European buyers are reducing EV purchases. I will lend you my handkerchief so you can weep some more. Oil production is currently at an all-time high thanks to increasing American production of oil in response to Biden's pleas for more oil. "Tanker tracking data suggests that the highest number of vessels in years is headed to the U.S. to pick up crude oil cargoes. The large fleet of supertankers bound for the United States highlights the increasingly growing role American crude plays on the global oil market. WTI Midland is becoming more and more important in the Dated Brent assessment" https://oilprice.com/Energy/Crude-Oil/US-Crude-Oil-Exports-Are-Soaring-To-Record-Highs.html Oil Demand In Doubt As Saudis Extend Production Cuts.... you might of missed the headlines today Enjoy the fall of oil EVs rock Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 9, 2023 (edited) 52 minutes ago, Ecocharger said: I will lend you my handkerchief so you can weep some more. Oil production is currently at an all-time high thanks to increasing American production of oil in response to Biden's pleas for more oil. It is probable that world oil production is increasing. LOL Try to remember your demand side predictions before you think I'm weeping not laughing. Production nobody currently wants, hence all the well documented production curtailments and falling prices. Try to face the reality and not patch together tiny pieces of news you like due to your biases. Quality economists are cold hearted realists; you, however, cling to an ideology. Edited November 9, 2023 by TailingsPond Quote Share this post Link to post Share on other sites
Rob Plant + 2,697 RP November 9, 2023 7 hours ago, Eyes Wide Open said: Ya Don't Say..... China is building six times more new coal plants than other countries, report finds China permitted more coal power plants last year than any time in the last seven years, according to a new report released this week. It's the equivalent of about two new coal power plants per week. The report by energy data organizations Global Energy Monitor and the Centre for Research on Energy and Clean Air finds the country quadrupled the amount of new coal power approvals in 2022 compared to 2021. https://www.npr.org/2023/03/02/1160441919/china-is-building-six-times-more-new-coal-plants-than-other-countries-report-fin https://energyandcleanair.org/publication/india-enters-an-unnecessary-coal-plant-permitting-spree-in-2023/#:~:text=India has an estimated 65.3,%2C and 8.8 GW announced). Yes and coal is still a diminishing percentage of electricity production in China. You dont take into account all those old stations being decommissioned and just see a headline and post rubbish. https://www.statista.com/statistics/302233/china-power-generation-by-source/ In 2011 coal was 82.5% of electricity production, 10 years later it was 67.5%. Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,185 er November 9, 2023 7 hours ago, notsonice said: Oil Demand In Doubt As Saudis Extend Production Cuts.... you might of missed the headlines today Enjoy the fall of oil EVs rock Maybe Saudi Arabia is worried about demand, and that's why it extended its production cuts. Maybe it was because Riyadh wants even higher oil prices so it can keep building its fantastical $500-billion Neom project. It doesn't matter, however. What matters is that should it want to, Saudi Arabia can remove more barrels from the market if need be. Such a hypothetical move could send the opposite of the desired message, namely, reinforcing uncertainty about demand, but ultimately, it's the physical and not the futures market where actual demand is revealed as opposed to projections from often biased sources. And if the physical market is tight, prices will go up. Because whether or not it's nearing a peak, right now, oil demand is on its way to another annual record—per the IEA, no less. By Irina Slav for Oilprice.com In her story, it is her opinion. India is still growing much faster than China, and will pass it in consumption. Saudi's cuts get replaced by USA oil, now at record highs and exports, Tiny Guyana is ramping up fast as is Brazil. The Saudi's are going to get replaced by other countries that are non OPEC in production numbers. Even the IEA said this fiscal year is a record high. The last line in her article!!!! Too many articles out there showing EV's slow down in sales and production numbers. So you "wish" oil away but it's here to stay! Quote Share this post Link to post Share on other sites
turbguy + 1,506 November 9, 2023 (edited) 13 hours ago, Eyes Wide Open said: Just another day in Green Paradise. Germany Brings Back Mothballed Coal Plants to Help Keep Lights On Ahh.. That's the intent of "mothballing" a plant. It's there when you need it to recover from unexpected supply constraints. You don't shut down a plant intended for mothballing and walk away. You attend to it. maintain it, and protect it for potential future use. It's an asset in your hip pocket. . Edited November 9, 2023 by turbguy 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 9, 2023 1 hour ago, turbguy said: It's an asset in your hip pocket. Ya Don't Say? It is truly amazing to watch Green Energy devolve. One would almost could revisit "Stranded Assets" a trail of tears, human misery....possibly bringing the world to the edge of WW3? Hyperbolic language perhaps, yet as we speak the world is that very place today. Social distortion has reached unprecedented levels, survival instincts have become center stage.. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,409 DL November 9, 2023 (edited) 12 hours ago, TailingsPond said: LOL Try to remember your demand side predictions before you think I'm weeping not laughing. Production nobody currently wants, hence all the well documented production curtailments and falling prices. Try to face the reality and not patch together tiny pieces of news you like due to your biases. Quality economists are cold hearted realists; you, however, cling to an ideology. The data indicates that oil demand continues to grow in China and India, as well as in America. How you think that growth = decline is a mystery which only the wild eyed climate fanatics could hope to understand. You can have my handkerchief again to weep some more. Edited November 9, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,409 DL November 9, 2023 8 hours ago, Rob Plant said: Yes and coal is still a diminishing percentage of electricity production in China. You dont take into account all those old stations being decommissioned and just see a headline and post rubbish. https://www.statista.com/statistics/302233/china-power-generation-by-source/ In 2011 coal was 82.5% of electricity production, 10 years later it was 67.5%. Growth is growth, and coal demand is growing in both China and India. Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 9, 2023 5 hours ago, Ecocharger said: The data indicates that oil demand continues to grow in China https://oilprice.com/Latest-Energy-News/World-News/Chinas-Oil-Demand-Weakens.html Quote Share this post Link to post Share on other sites
Ecocharger + 1,409 DL November 9, 2023 (edited) 51 minutes ago, TailingsPond said: https://oilprice.com/Latest-Energy-News/World-News/Chinas-Oil-Demand-Weakens.html You should pay attention to what your leader is telling you, old boy. https://www.eia.gov/todayinenergy/detail.php?id=60401#:~:text=According to its General Administration,annual average%2C set in 2021. "According to its General Administration of Customs, refiners in China used the crude oil to process a record 14.7 million b/d of crude oil in the first half of 2023, an 8% increase from 2022’s annual average of 13.5 million b/d and more than China’s record-high annual average, set in 2021." Edited November 9, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
notsonice + 1,175 DM November 10, 2023 7 hours ago, Ecocharger said: Growth is growth, and coal demand is growing in both China and India. China growth???? Chinas recession is ending your dreams ........Peak coal happened in 2013 and all you can hope for is a dead cat bounce........China solar and wind new builds are now outpacing new electrical demand in China.......Coal is doomed 1 Quote Share this post Link to post Share on other sites
notsonice + 1,175 DM November 10, 2023 On 11/8/2023 at 2:25 PM, Eyes Wide Open said: The plans would lead to 460% more coal production, 83% more gas, and 29% more oil in 2030 you The plans would lead to 460% more coal production,?????? you sticking with your BS???? 460% is a whopping huge load of BS 1 Quote Share this post Link to post Share on other sites
turbguy + 1,506 November 10, 2023 8 hours ago, Eyes Wide Open said: Hyperbolic language perhaps, yet as we speak the world is that very place today. Social distortion has reached unprecedented levels, survival instincts have become center stage.. " Ya' don't say". Particularly here. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 10, 2023 (edited) 2 hours ago, notsonice said: The plans would lead to 460% more coal production,?????? you sticking with your BS???? 460% is a whopping huge load of BS Here have a read, take notes here. The commentary was not written by EWO but a professional journalist. Now I do grasp the concept of fake news, perhaps you might disprove the commentary.. Insanity’: petrostates planning huge expansion of fossil fuels, says UN report Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’ The world’s fossil fuel producers are planning expansions that would blow the planet’s carbon budget twice over, a UN report has found. Experts called the plans “insanity” which “throw humanity’s future into question”. The energy plans of the petrostates contradicted their climate policies and pledges, the report said. The plans would lead to 460% more coal production, 83% more gas, and 29% more oil in 2030 than it was possible to burn if global temperature rise was to be kept to the internationally agreed 1.5C. The plans would also produce 69% more fossil fuels than is compatible with the riskier 2C target. https://www.theguardian.com/environment/2023/nov/08/insanity-petrostates-planning-huge-expansion-of-fossil-fuels-says-un-report Edited November 10, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 10, 2023 (edited) 1 hour ago, turbguy said: " Ya' don't say". Particularly here. I know right!..It's complicated yet that is where the world is today. One might actually question was there ever a green revolution or just smoke and mirrors Edited November 10, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
TailingsPond + 562 GE November 10, 2023 21 minutes ago, Eyes Wide Open said: "Experts called the plans “insanity” which “throw humanity’s future into question” https://www.theguardian.com/environment/2023/nov/08/insanity-petrostates-planning-huge-expansion-of-fossil-fuels-says-un-report Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,550 November 10, 2023 3 minutes ago, TailingsPond said: Experts called the plans “insanity” which “throw humanity’s future into question” Perhaps the experts in Green Energy need to...reshuffle their decks. As we converse here the civilized world is experiencing financial complications that actually threaten long term survival. 2 1 Quote Share this post Link to post Share on other sites
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