Ron Wagner + 710 April 21 Too bad it is well into 2024, leaving only 66 months to reach many foolish goals for 2030! A lot of unrealistic people will be looking like even worse prognosticators than more objective observers expected. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 22 (edited) US economy is booming latest numbers out of Atlanta Fed...Green Agenda doing its part GDPNow Federal Reserve Bank of Atlanta https://www.atlantafed.org › cqer › research › gdpnow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.9 percent on April 16, up from 2.8 percent on ... Clean energy is boosting economic growth – Analysis IEA – International Energy Agency https://www.iea.org › commentaries › clean-energy-is-b... 4 days ago — Clean energy contributed slightly less than 5% of GDP growth in 2023, predominantly from investment in new solar power capacity. Meanwhile, ... Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the “third” estimate. In the third quarter, real GDP increased 4.9 percent. Gross Domestic Product - Bureau of Economic Analysis Edited April 22 by notsonice Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,192 April 22 GDP is a BAD number to use. It is generally based on made up numbers and does not account for political whores destroying the value of the currency.... If inflation is 10% but GDP "growth" is 5%... that means the TRUE GDP growth is NEGATIVE -5%... Newsflash: Inflation last year was MUCH greater than so called "GDP growth" Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 22 (edited) 1 hour ago, footeab@yahoo.com said: GDP is a BAD number to use. It is generally based on made up numbers and does not account for political whores destroying the value of the currency.... If inflation is 10% but GDP "growth" is 5%... that means the TRUE GDP growth is NEGATIVE -5%... Newsflash: Inflation last year was MUCH greater than so called "GDP growth" the GDP numbers I presented are adjusted for inflation....... your failure to understand how GDP is calculated speaks volumes.... now who is taking credit for the negative GDP in 2020?????? Real Gross Domestic Product (GDPC1) | FRED | St. Louis Fed Federal Reserve Bank of St. Louis https://fred.stlouisfed.org › series › GDPC1 Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more . again how is your grand Tunneling scheme working out......sounds like you have a real winner on your hands.....(SIC) Edited April 22 by notsonice Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 24 https://www.youtube.com/watch?v=2FfIfvcM7So From Joe Blogs: China and India stop buying coal from Russia. Worldwide coal usage is now higher than ever before, if I heard this right. Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 24 https://www.iea.org/data-and-statistics/charts/global-coal-consumption-2000-2025 Worldwide coal use by year, graphed. Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 24 On 4/22/2024 at 2:13 PM, notsonice said: US economy is booming latest numbers out of Atlanta Fed...Green Agenda doing its part GDPNow Federal Reserve Bank of Atlanta https://www.atlantafed.org › cqer › research › gdpnow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.9 percent on April 16, up from 2.8 percent on ... Clean energy is boosting economic growth – Analysis IEA – International Energy Agency https://www.iea.org › commentaries › clean-energy-is-b... 4 days ago — Clean energy contributed slightly less than 5% of GDP growth in 2023, predominantly from investment in new solar power capacity. Meanwhile, ... Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the “third” estimate. In the third quarter, real GDP increased 4.9 percent. Gross Domestic Product - Bureau of Economic Analysis A lot of rich people are getting richer while the taxpayers and customers are paying for the ride. Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 24 (edited) On 4/22/2024 at 2:13 PM, notsonice said: US economy is booming latest numbers out of Atlanta Fed...Green Agenda doing its part GDPNow Federal Reserve Bank of Atlanta https://www.atlantafed.org › cqer › research › gdpnow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.9 percent on April 16, up from 2.8 percent on ... Clean energy is boosting economic growth – Analysis IEA – International Energy Agency https://www.iea.org › commentaries › clean-energy-is-b... 4 days ago — Clean energy contributed slightly less than 5% of GDP growth in 2023, predominantly from investment in new solar power capacity. Meanwhile, ... Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the “third” estimate. In the third quarter, real GDP increased 4.9 percent. Gross Domestic Product - Bureau of Economic Analysis Does that count the growth in inflation adjusted value? https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b#:~:text=True inflation may have peaked,still hovers around 8% - MarketWatch Edited April 24 by Ron Wagner Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 24 (edited) 1 hour ago, Ron Wagner said: https://www.youtube.com/watch?v=2FfIfvcM7So From Joe Blogs: China and India stop buying coal from Russia. Worldwide coal usage is now higher than ever before, if I heard this right. the link you posted for coal shows it peaked in 2013/2014 and it just this last year matched the 2013/14 peak ....... it is all downhill from here for coal Edited April 24 by notsonice 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 24 2 minutes ago, Ron Wagner said: Does that count the growth in inflation adjusted value? yes Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 24 https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b#:~:text=True inflation may have peaked,still hovers around 8% - MarketWatch Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 24 16 minutes ago, Ron Wagner said: A lot of rich people are getting richer while the taxpayers and customers are paying for the ride. median household income disagrees with your babble (please note march to October 2020 readings on the chart are not to be taken seriously as their was major non response bias in the initial months of the pandemic) Reading today is on of the best ever Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 24 Coal is doomed one solar panel at a time PV Tech DNV: China to more than quintuple renewable installations by 2050 DNV forecasts that China will more than quintuple its renewable energy installations by 2050 in its latest report. . 6 hours ago Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 25 19 hours ago, notsonice said: Coal is doomed one solar panel at a time PV Tech DNV: China to more than quintuple renewable installations by 2050 DNV forecasts that China will more than quintuple its renewable energy installations by 2050 in its latest report. . 6 hours ago Yet they are still burning more coal and building more coal plants worldwide! Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 25 https://www.statista.com/statistics/183700/us-average-retail-electricity-price-since-1990/ Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 25 (edited) 7 minutes ago, Ron Wagner said: Yet they are still burning more coal and building more coal plants worldwide! did you bother to look at your chart????????????? it directly contradicts your babble of more more and more as to building more coal plants........China is adding back up power to renewables Peak coal in China is happening right now Only a brain dead moron would be celebrating the use of coal these days PS how is your health these days???? Lungs and Heart in great shape???? if not, you can thank years of breathing in crap. Noone thinks smog or air pollution is a positive. I personally had to undergo a physical ( at least once a year ., sometime 3 or 4) for years checking for black lung and the effects of working underground and working at Hazardous waste sites, refineries, chemical plants and mines.......I left the daily life of working in working in crappy environments after working for 20 years, writing was on the wall as many of the older guys I worked with were dying from heart disease, lung problems and cancer. It does not take a rocket scientist to realize that Coal is the worst of the worst, from mining to use and right behind it is anything related to Oil The Green agenda...I wish it happened 40 years ago..... Thank god it is happening now.......for the sake of everyones health and the health of the planets. Those that ignore what coal and oil does are idiots and those that claim burning coal and using oil it is not harmful are brain dead. Edited April 25 by notsonice 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 25 You act like a twelve year old. I have advocated using natural gas to replace coal for over a decade. You know I advocate natural gas to replace coal. Quit lying to spew your insults. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 25 2 minutes ago, Ron Wagner said: You act like a twelve year old. I have advocated using natural gas to replace coal for over a decade. You know I advocate natural gas to replace coal. Quit lying to spew your insults. then you should stop pumping coal. It is bizarre that you do. Quote Share this post Link to post Share on other sites
Ron Wagner + 710 April 25 4 minutes ago, notsonice said: then you should stop pumping coal. It is bizarre that you do. You are lying consistently. I promote natural gas and that is about all. Coal is only appropriate if that is all that is available or affordable. Wind is not always available, nor is solar. Natural gas could easily be made available if it were the priority but it is not as inexpensive as coal. Asia is the problem, not the West. They do not want to pay for clean air. Peak coal has not been reached. Here is another graph from Joe Blogs. You were looking at a portion that was a mere projection. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 25 (edited) 2 hours ago, Ron Wagner said: You are lying consistently. I promote natural gas and that is about all. Coal is only appropriate if that is all that is available or affordable. Wind is not always available, nor is solar. Natural gas could easily be made available if it were the priority but it is not as inexpensive as coal. Asia is the problem, not the West. They do not want to pay for clean air. Peak coal has not been reached. Here is another graph from Joe Blogs. You were looking at a portion that was a mere projection. you need to take a look at https://www.energyinst.org/statistical-review/resources-and-data-downloads (EI) this is the site that really has all the data/graphs that are the most accurate EI took over for BP in 2022 notice coal barely moved up in 2022 from 2021...2022 matched the peak of 2013 your chart is off 250,000,000 tonnes in 2013....2022 matched it (actually 2022 was just shy of it) notice the dips for all the years in between .........2023 numbers are not out and will not be put out until June....looking at the BP chart comes from the BP energy review (which I found has the best data/backup) (you need to look at their annual reports) they break down the info better than anyone.......pretty easy to see coal plateaued over the last 11 years notice the number for 2013 .. 8,256 million tonnes . Statistical Review of World Energy From 1952 until 2022, bp’s economics team also informed the energy economics community through its Statistical Review of World Energy, which provided historic data on world energy markets. The Statistical Review of World Energy has a new custodian: the Energy Institute (EI), the chartered professional membership body for people who work in energy. (For more detail, read the press release.) The 2024 edition of the Energy Institute Statistical Review of World Energy will be published on 20 June, providing free-to-access data on global energy production, consumption, trade and emissions for 2023. Edited April 25 by notsonice Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,192 April 25 On 4/23/2024 at 7:07 PM, Ron Wagner said: Does that count the growth in inflation adjusted value? https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b#:~:text=True inflation may have peaked,still hovers around 8% - MarketWatch Hell no it does not graph with inflation adjustments, and even graphs I have seen, purposefully ignores all the products which have massive inflation in their "inflation" adjustments. LIes, lies lies in stats. On top of fact Fed is completely corrupt and 100% in the pockets of Chase, etc banks. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 25 (edited) 46 minutes ago, footeab@yahoo.com said: Hell no it does not graph with inflation adjustments, and even graphs I have seen, purposefully ignores all the products which have massive inflation in their "inflation" adjustments. LIes, lies lies in stats. On top of fact Fed is completely corrupt and 100% in the pockets of Chase, etc banks. call up your congressman/woman and tell them that your numbers are better and that everything is a lie.......I am sure they will hire you instantly... and at the same time try to sell them your grand tunnel scheme...I bet you they hire you and pay you a million dollars a year ...based on your posts and your tunneling experience. Until then I will look at the data put out by the Bureau of Economic Analysis. You do not have to believe them as I am sure you have much better data gathering than them...chuckle chuckle Until then, Enjoy the GDP numbers (adjusted for inflation numbers) they all look good right now........or are you living in your own recession....????? PS BEA is hiring, but you have to be a US citizen How to Apply Applications are accepted via www.USAJOBS.gov. More information on how to use USAJOBS. Applicants must be U.S. citizens. Applicants are encouraged to pay attention to the "Who May Apply" section of announcements. Current and former Federal employees (Status Candidates/Merit Promotion Candidates) are encouraged to apply to the vacancy announcement that has been identified as "Merit Assignment Procedures (MAP)" or one open to all "Status Candidates." Applicants should contact the HR Specialist listed in the vacancy announcement to ask any questions. Edited April 25 by notsonice Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM April 27 (edited) the cards have been dealt the Solar boom is just taking off....Cheap panels today coupled with massive panel oversupply results in a dramatic reduction in costs for building new solar farms....the result A boom in output of electricity from solar farms with no end in sight and the result................... LCOE of US Solar is expected to drop by 30 percent in the next 4 years.........the rest of the world ....the same will happen Coal is doomed According to S&P Global analysis, US solar levelized costs of energy are forecast to fall from $39.58/MWh in 2023 to $28.25/MWh in 2028. Edited April 27 by notsonice Quote Share this post Link to post Share on other sites
turbguy + 1,545 April 28 (edited) At least we won't have to deal with this "rag" anymore. Plenty more where that came from, though. "There is a lot of legal process in this country that is designed to assist those who have a lot of resources to avoid paying their just debts." [Kinda similar to those entities that drill wells, then walk away when it comes time to cap the well?] https://www.npr.org/2024/04/24/1246998565/gateway-pundit-bankruptcy-defamation Edited April 28 by turbguy 1 Quote Share this post Link to post Share on other sites
specinho + 470 April 28 (edited) On 4/26/2024 at 2:26 AM, notsonice said: did you bother to look at your chart????????????? it directly contradicts your babble of more more and more as to building more coal plants........China is adding back up power to renewables Peak coal in China is happening right now Only a brain dead moron would be celebrating the use of coal these days PS how is your health these days???? Lungs and Heart in great shape???? if not, you can thank years of breathing in crap. Noone thinks smog or air pollution is a positive. I personally had to undergo a physical ( at least once a year ., sometime 3 or 4) for years checking for black lung and the effects of working underground and working at Hazardous waste sites, refineries, chemical plants and mines.......I left the daily life of working in working in crappy environments after working for 20 years, writing was on the wall as many of the older guys I worked with were dying from heart disease, lung problems and cancer. It does not take a rocket scientist to realize that Coal is the worst of the worst, from mining to use and right behind it is anything related to Oil The Green agenda...I wish it happened 40 years ago..... Thank god it is happening now.......for the sake of everyones health and the health of the planets. Those that ignore what coal and oil does are idiots and those that claim burning coal and using oil it is not harmful are brain dead. Quote:" ......... those that claim burning coal and using oil it is not harmful are brain dead." This world works on trial and error. Incessant improvision by humble pioneers make things better for all. 1. Evolution of oil - Oil started by burning crude. Heavy soot, heavy pollution. - pioneers found out crude could be refined. Distillation at different temperature produced different products. Many other things extended from here. - petrol with lead and sulphur was introduced => petrol without lead and minimal sulphur was introduced - long chain hydrocarbon produced much soot, often due to incomplete combustion => short chain HC were introduced e.g. propane, octane. Cleaner fuel with complete combustion, protect engine and save money 2. Evolution of coal - Wood was burnt for fire. - air pollution was very bad e.g. smog, acid rain => wood was cured to form chunks of coal. Air quality and efficiency of burning improved. - coal mining, powder form was introduced. Too dense, little air during combustion. Much material wasted with incomplete combustion. Heat efficiency was low => modification to increase efficiency. Some coal plants have efficiency of ~87%. Small mind gossip; great mind improvise....... Where are you looking, at gossip or improvision, determine your stand towards oil and coal... Edited April 28 by specinho 1 Quote Share this post Link to post Share on other sites
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