JM

GREEN NEW DEAL = BLIZZARD OF LIES

Recommended Posts

(edited)

4 minutes ago, Jay McKinsey said:

See what? It has already happened. The temperature can not decrease enough in December to undo what happened in the first 11 months. You seem to forget that the Southern Hemisphere exists, It is summer there.

Read, Jay. We will see what happens. The graphs do not end with the calendar year.

"Meteorological winter begins on December 1st in the Northern Hemisphere and lasts three months, ending on the last day of February."

 

Edited by Ecocharger
  • Haha 1

Share this post


Link to post
Share on other sites

Just now, Ecocharger said:

Read, Jay. We will see what happens.

"Meteorological winter begins on December 1st in the Northern Hemisphere and lasts three months, ending on the last day of February."

 

And summer begins on the same day in the Southern Hemisphere. How dumb can you be?

  • Upvote 1

Share this post


Link to post
Share on other sites

9 minutes ago, Ecocharger said:

Read the points raised, Jay. The investment will not be there. You must have skipped basic economics I guess.

"Funding the global energy transition, which is estimated to cost over $100 trillion by 2050, would require 1.3% of projected global GDP.

High interest rates are only making the task more daunting, with the cost of capital potentially putting off those that would fund it."

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

Meanwhile in reality:

image.png.cfe8a9a475142f45bc740021cc4ae197.png

Share this post


Link to post
Share on other sites

1 minute ago, Jay McKinsey said:

Meanwhile in reality:

image.png.cfe8a9a475142f45bc740021cc4ae197.png

Already out of date, like the rest of your ideas.

Here is where we are today.

"Funding the global energy transition, which is estimated to cost over $100 trillion by 2050, would require 1.3% of projected global GDP.

High interest rates are only making the task more daunting, with the cost of capital potentially putting off those that would fund it."

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

Share this post


Link to post
Share on other sites

(edited)

7 minutes ago, Ecocharger said:

Already out of date, like the rest of your ideas.

Here is where we are today.

"Funding the global energy transition, which is estimated to cost over $100 trillion by 2050, would require 1.3% of projected global GDP.

High interest rates are only making the task more daunting, with the cost of capital potentially putting off those that would fund it."

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

As usual I provide current real numbers and you provide maybes, what ifs, anecdotes and conjecture. LOL!

image.png.bdb2b6fb7ab2c9ac864f968b78652bc7.png

Edited by Jay McKinsey

Share this post


Link to post
Share on other sites

(edited)

3 minutes ago, Jay McKinsey said:

As usual I provide current real numbers and you provide maybes, what ifs, anecdotes and conjecture. LOL!

image.png.bdb2b6fb7ab2c9ac864f968b78652bc7.png

Again you are out of date. Here is where we are today. You can borrow my handkerchief and weep some more. These are realities, not projections.

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

Edited by Ecocharger

Share this post


Link to post
Share on other sites

(edited)

22 minutes ago, Ecocharger said:

Again you are out of date. Here is where we are today. You can borrow my handkerchief and weep some more. These are realities, not projections.

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

Yet in reality the investments just keep coming and EV sales keep growing.

UK Gets $14B Investment for World’s Largest Wind Farm from RWE and UAE

 

offshore wind farm RWE and the UAE committed to a massive investment in the UK's offshore wind sector to launch the largest wind farm (RWE file photo)

PUBLISHED DEC 3, 2023 2:19 PM BY THE MARI

 

UK Prime Minister Rishi Sunak celebrated the news of a £11 billion (US$13.9 billion) investment agreement between Germany's RWE and the United Arab Emirates’ state-owned renewables company Masdar during a whirlwind 11-hour visit to Dubai for the COP28 conference on Friday, December 1. News of the agreement for the joint investment in what is billed as the world’s largest wind farm comes at a critical time of the offshore wind and is seen as a vote of confidence for the beleaguered industry from a global investor.

Under the terms of the agreement, which was signed on the sidelines of the COP28 conference, the Abu Dhabi Future Energy Company PJSC, known as Masdar, agreed to acquire a 49 percent state in RWE’s massive 3 GW Dogger Bank South projects. The companies said they were committing to an £11 billion investment in the UK’s renewable energy sector. RWE will continue to own a 51 percent stake in the project and will be responsible for overseeing its development.

GM Expects Its Electric Vehicles To Become Profitable In 2025

image.thumb.png.c1df93d9867f3a94391d78d8a9c02942.png

Edited by Jay McKinsey

Share this post


Link to post
Share on other sites

(edited)

You are joking as usual...read the fine print.

Here is how this white elephant is being described, it is just a showcase event for the summit.

Looks like a gigantic money loser, uneconomic. More waste of taxpayer money.

 "News of the agreement for the joint investment in what is billed as the world’s largest wind farm comes at a critical time of the offshore wind and is seen as a vote of confidence for the beleaguered industry from a global investor."

Edited by Ecocharger

Share this post


Link to post
Share on other sites

(edited)

24 minutes ago, Ecocharger said:

You are joking as usual...read the fine print.

Here is how this white elephant is being described, it is just a showcase event for the summit.

Looks like a gigantic money loser, uneconomic. More waste of taxpayer money.

 "News of the agreement for the joint investment in what is billed as the world’s largest wind farm comes at a critical time of the offshore wind and is seen as a vote of confidence for the beleaguered industry from a global investor."

Nothing but good news. Industry and investment realign and things keep moving forward.  Contrary to your claims investment has not stopped. Wind hit a rough patch that is now coming to an end. The largest off shore wind farm in the world has been funded in the UK and the largest planned for the US has also been funded. 

This one company in the US is making up for half of the delays and cancellations. 

How Dominion Energy is creating a $9.8 billion road map for offshore wind

Close to $22 billion in U.S. offshore wind projects have been delayed or canceled, but the Virginia utility is moving forward with the largest facility in U.S. waters.

By Leah Garden & Richard Martin

November 30, 2023

And another new US project announced, this one project is as big as the cancellations:

image.png.5d8e291c599022b3cf9dcb1bc501fc27.png

Edited by Jay McKinsey
  • Like 1

Share this post


Link to post
Share on other sites

15 minutes ago, Jay McKinsey said:

Nothing but good news. Industry and investment realign and things keep moving forward.  Contrary to your claims investment has not stopped. Wind hit a rough patch that is now coming to an end. The largest off shore wind farm in the world has been funded in the UK and the largest planned for the US has also been funded. 

This one company in the US is making up for half of the delays and cancellations. 

How Dominion Energy is creating a $9.8 billion road map for offshore wind

Close to $22 billion in U.S. offshore wind projects have been delayed or canceled, but the Virginia utility is moving forward with the largest facility in U.S. waters.

By Leah Garden & Richard Martin

November 30, 2023

And another new US project announced, this one project is as big as the cancellations:

image.png.5d8e291c599022b3cf9dcb1bc501fc27.png

You are full of your usual jokes today, these are all big money disasters relying on a wasteful injection of taxpayer money.That is why these projects are uneconomic and a drain on social capital. 

Your vision is short-sighted, like Mr. Magoo.

Read your own material for a change. These cancellations happen because the huge injection of taxpayer money is unacceptable to the voters.

"Close to $22 billion in U.S. offshore wind projects have been delayed or canceled.."

"News of the agreement for the joint investment in what is billed as the world’s largest wind farm comes at a critical time of the offshore wind and is seen as a vote of confidence for the beleaguered industry from a global investor."

 

Share this post


Link to post
Share on other sites

Just now, Ecocharger said:

You are full of your usual jokes today, these are all big money disasters relying on a wasteful injection of taxpayer money.That is why these projects are uneconomic and a drain on social capital. 

Your vision is short-sighted, like Mr. Magoo.

Read your own material for a change. These cancellations happen because the huge injection of taxpayer money is unacceptable to the voters.

"Close to $22 billion in U.S. offshore wind projects have been delayed or canceled.."

"News of the agreement for the joint investment in what is billed as the world’s largest wind farm comes at a critical time of the offshore wind and is seen as a vote of confidence for the beleaguered industry from a global investor."

 

Oh I read it, that is why I pointed out that two new US projects have already replaced the delays and cancellations and the largest wind farm in the world has now been funded in the UK. The rough patch for off shore wind is ending. That is what your smooth brain can't understand, wind is back!

Share this post


Link to post
Share on other sites

(edited)

5 minutes ago, Jay McKinsey said:

Oh I read it, that is why I pointed out that two new US projects have already replaced the delays and cancellations and the largest wind farm in the world has now been funded in the UK. The rough patch for off shore wind is ending. That is what your smooth brain can't understand, wind is back!

The bottom line is the waste of taxpayer money to fund these white elephants, they are  huge drains on social capital and pure waste in terms of energy policy.

"In the U.S., carmakers are losing money on EVs because demand is weaker than expected. In Europe, the industry is optimistic, anticipating a surge in EV sales thanks to the launch of many new affordable models. On the other hand, a phase-down of EV subsidies in Germany from January 1st has led to warnings of lower EV sales, and Consumer Reports just came out with a report that found EVs are less reliable than ICE cars. Both could affect the sales outlook.

In offshore wind, as already mentioned, troubles abound. The more expensive form of wind power generation enjoyed several years of significant interest from transition-oriented governments, not least because project developers promised cheap electricity. Now, this is no longer the case. Instead, offshore wind developers are booking billions in impairments, canceling projects, or, as noted, asking for higher prices."

Taxpayers have reached the end of their patience.

New York Refuses To Give Big Oil More Money For Offshore Wind Projects

https://oilprice.com/Latest-Energy-News/World-News/New-York-Refuses-To-Give-Big-Oil-More-Money-for-Offshore-Wind.html

Edited by Ecocharger

Share this post


Link to post
Share on other sites

1 minute ago, Ecocharger said:

The bottom line is the waste of taxpayer money to fund these white elephants, they are  huge drains on social capital and pure waste in terms of energy policy.

But you told us the green revolution was over. Looks like you were just making stuff up as usual. 

In the US the subsidies are almost all tax credits which are tax cuts. I thought you were in favor of tax cuts.

 

Share this post


Link to post
Share on other sites

2 minutes ago, Jay McKinsey said:

But you told us the green revolution was over. Looks like you were just making stuff up as usual. 

In the US the subsidies are almost all tax credits which are tax cuts. I thought you were in favor of tax cuts.

 

The subsidies are gigantic, as I showed you above, there has been big pushback from jaded taxpayers.

A losing industry.

Share this post


Link to post
Share on other sites

2 hours ago, Ecocharger said:

 

There will soon be nothing more left of the Climate Panic Revolution than a set of bad memories.

Any day now! LOL :)

  • Like 1
  • Haha 1

Share this post


Link to post
Share on other sites

4 minutes ago, Ecocharger said:

The subsidies are gigantic, as I showed you above, there has been big pushback from jaded taxpayers.

A losing industry.

The subsidies are tax cuts just like the tax cuts given to the wealth by Trump. Seems they are losers as well.

Share this post


Link to post
Share on other sites

10 minutes ago, Ecocharger said:

 

A losing industry.

Your predictions are so fun.

Remember your $100 oil by year end claim?

oil price.jpg

  • Haha 1

Share this post


Link to post
Share on other sites

(edited)

6 minutes ago, Jay McKinsey said:

The subsidies are tax cuts just like the tax cuts given to the wealth by Trump. Seems they are losers as well.

Tax subsidies are subsidies. There are also other forms of support, the whole industry is a permanent baby in a crib.

A loser.

Edited by Ecocharger

Share this post


Link to post
Share on other sites

(edited)

1 hour ago, Ecocharger said:

Tax subsidies are subsidies. There are also other forms of support, the whole industry is a permanent baby in a crib.

A loser.

Tell that to all those rich people you worship that had to get a Trump tax subsidy. The other forms of support are miniscule compared to the tax credits.

The Green Revolution keeps marching on no matter how much hand waving and crap you spew.

Off shore wind in the US is just getting started.

America’s first major offshore wind farm installs first of 62 huge turbines from GE unit

PUBLISHED THU, OCT 19 20239:49 AM EDT
 

A project to develop a facility described as the United States’ “first commercial-scale offshore wind project” continues to move forward after its first turbine was installed in waters off Martha’s Vineyard.

In an announcement Wednesday, Avangrid — which is part of the Iberdrola Group — and Copenhagen Infrastructure Partners said the Vineyard Wind 1 project would eventually have more than 60 turbines. It’s hoped that it will start delivering its first power this year.

 

“The project will consist of 62 wind turbines to generate 806 Megawatts, enough to power more than 400,000 homes and businesses in Massachusetts,” Wednesday’s announcement said.

 

 

Edited by Jay McKinsey

Share this post


Link to post
Share on other sites

9 hours ago, TailingsPond said:

Perhaps.  Then the question becomes do you want to emulate them or not?

Do you think China and India have good air quality?

Aim higher, lead by example.

You should've read the response I gave Jay a bit earlier. Here it is:

"For the record, I am not for or against coal. All forms of energy that are inexpensive is most important."

Share this post


Link to post
Share on other sites

2 hours ago, Jay McKinsey said:

Tell that to all those rich people you worship that had to get a Trump tax subsidy. The other forms of support are miniscule compared to the tax credits.

The Green Revolution keeps marching on no matter how much hand waving and crap you spew.

Off shore wind in the US is just getting started.

America’s first major offshore wind farm installs first of 62 huge turbines from GE unit

PUBLISHED THU, OCT 19 20239:49 AM EDT
 

A project to develop a facility described as the United States’ “first commercial-scale offshore wind project” continues to move forward after its first turbine was installed in waters off Martha’s Vineyard.

In an announcement Wednesday, Avangrid — which is part of the Iberdrola Group — and Copenhagen Infrastructure Partners said the Vineyard Wind 1 project would eventually have more than 60 turbines. It’s hoped that it will start delivering its first power this year.

 

“The project will consist of 62 wind turbines to generate 806 Megawatts, enough to power more than 400,000 homes and businesses in Massachusetts,” Wednesday’s announcement said.

 

 

UK experience shows that these things are not reliable, require fossil fuel backup. Waste of money per megawatt.

The Green Scam will run out of current, the whole edifice is constructed of fragile misrepresentations. Science will eventually rule.

  • Haha 1
  • Rolling Eye 2

Share this post


Link to post
Share on other sites

(edited)

So there is a trickle of common sense emerging from COP28, which has everyone going crazy with shock.

There is "no science" behind the call to end fossil fuels.

Is someone actually revealing the truth at this summit?

This is right, there is no science to support the insane calls to end fossil fuels, just hysterical nonsense.

https://www.cnn.com/2023/12/03/climate/cop28-al-jaber-fossil-fuel-phase-out/index.html#:~:text=Sultan Al Jaber%2C the oil,critical threshold — comments Al Jaber

"Sultan Al Jaber, the oil executive who is leading the COP28 climate summit in Dubai, sent shockwaves through the gathering by claiming in the days before the UN-backed talks that there is “no science” that says phasing out fossil fuels is necessary to keep global warming under a critical threshold.."

Edited by Ecocharger
  • Haha 3

Share this post


Link to post
Share on other sites

(edited)

2 hours ago, Ecocharger said:

So there is a trickle of common sense emerging from COP28, which has everyone going crazy with shock.

There is "no science" behind the call to end fossil fuels.

Is someone actually revealing the truth at this summit?

This is right, there is no science to support the insane calls to end fossil fuels, just hysterical nonsense.

https://www.cnn.com/2023/12/03/climate/cop28-al-jaber-fossil-fuel-phase-out/index.html#:~:text=Sultan Al Jaber%2C the oil,critical threshold — comments Al Jaber

"Sultan Al Jaber, the oil executive who is leading the COP28 climate summit in Dubai, sent shockwaves through the gathering by claiming in the days before the UN-backed talks that there is “no science” that says phasing out fossil fuels is necessary to keep global warming under a critical threshold.."

HaHabwahaa! An oil executive desperately trying to keep selling fossil fuels claims that there is no need to stop selling fossil fuels. Bwahaha!

Hilariously pathetic!

The fact that this is the very best you have is why you are an imbecillic failure.

Edited by Jay McKinsey
  • Upvote 1

Share this post


Link to post
Share on other sites

2 hours ago, Ecocharger said:

"Sultan Al Jaber, the oil executive

 

Everyone should listen to Sultan Al Jaber, the oil executive...

Too funny, keep up the entertainment.

  • Upvote 1

Share this post


Link to post
Share on other sites

(edited)

Coal demand appears to be robust going forward.

https://oilprice.com/Energy/Energy-General/Rystad-Coal-Usage-and-Emissions-in-the-Global-Power-Sector-to-Peak-in-2023.html

"Asia has added more than 40 GW of new coal capacity in each of the last five years and is expected to add 52 GW next year. In other words, Asia will add more coal capacity in 2024 than the total installed capacity in Argentina. Most of this new capacity is in China, followed by India and Indonesia."

Edited by Ecocharger

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.