[ralfy]

"We are wasting $2 trillion a year chasing ‘green’ fantasies"

https://nypost.com/2024/08/11/opinion/w ... fantasies/

$this->bbcode_second_pass_quote('', 'C')ountless studies show that when societies add more renewable energy, most of it never replaces coal, gas or oil. It simply adds to energy consumption. Recent research shows that for every six units of new green energy, less than one unit displaces any fossil fuel. Analysis in the United States shows that renewable energy subsidies simply lead to more overall energy being used.

...

But on top of that, a true transition would also require politicians to impose massive taxes on fossil fuels to make them less desirable. McKinsey estimates the direct price tag to achieve a real transition at more than $5 trillion annually. This splurge would slow economic growth, making the real cost five times higher. Annual costs for people living in rich countries could be higher than $13,000 per person per year.

[mousepad]

$this->bbcode_second_pass_quote('ralfy', ' ')the global economy which relies on those sources will need more energy each time because it's capitalist (that means it's driven by competition and profit-making) and most of the world population that relies on it have not attained all basic needs plus have wants which the minority "haves" are counting on them to have via increased production and sales needed to guarantee more profits (hence, profit-making).

[theluckycountry]

$this->bbcode_second_pass_quote('ralfy', '&')quot;We are wasting $2 trillion a year chasing ‘green’ fantasies"

[theluckycountry]

So let's assume trump wins, looking very likely?

Trump's Potential Treasury Pick Vows Spending Cuts In Partnership With Musk
$this->bbcode_second_pass_quote('', 'B')illionaire John Paulson said he would work with Elon Musk to cut federal spending, particularly by reducing green energy subsidies, if appointed Treasury Secretary under Trump’s administration.
Paulson shared these comments during a Tuesday interview with The Wall Street Journal. “All of these tax subsidies for solar, for wind, inefficient, uneconomic energy sources. Eliminate that. That brings down spending,” he told the media outlet.

He specifically mentioned targeting green energy subsidies in the Inflation Reduction Act, which he referred to as the “Green New Deal.”

[theluckycountry]

Germany's Solar Industry Crushed By Demand Slump, Bankruptcies And Layoffs

But Kubs told me solar and wind were the future? That they were cheaper than fossil fuels and, well, renewable and all that.
$this->bbcode_second_pass_quote('', 'A') slump in consumer demand has led to bankruptcies and layoffs in Europe's largest rooftop solar market. Many installation and distribution companies have gone under, been acquired, or had to change strategies. The oversupply of panels has driven prices down for consumers, but industry leaders warn it is deterring investors and jeopardizing a key sector for Europe’s climate goals, according to Financial Times.

[theluckycountry]

$this->bbcode_second_pass_quote('ralfy', '&')quot;We are wasting $2 trillion a year chasing ‘green’ fantasies"

https://nypost.com/2024/08/11/opinion/w ... fantasies/

[theluckycountry]

China's Green Dreams Shattered
$this->bbcode_second_pass_quote('', 'A')lso contributing to the growth in China’s “big three” green industries—batteries, electric vehicles, and solar—has been massive foreign direct investment (FDI), including $227 billion in 2023 and $250 billion in 2024, which is “comparable to the inflation-adjusted Marshall Plan,” according to Business Standard.

The overall result is that China’s clean-energy sectors drove a quarter of the country’s GDP growth in 2024, according to the Centre for Research on Energy and Clean Air. China now produces more than 80 percent of the world’s solar panels, over 60 percent of the world’s electric vehicles, and at least 75 percent of the world’s lithium-ion batteries and battery cells.

[theluckycountry]

You drones don't worry about any of that, just keep watching your Ziehan videos and keep buying Elon's expensive crap. Because it's "Made in America"

American iron Oxide circa 1950



circa 2025



Notice anything different? No, no difference aside from all the Chinese components added.

The rest of the world?

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')

[theluckycountry]

$this->bbcode_second_pass_quote('ralfy', '&')quot;We are wasting $2 trillion a year chasing ‘green’ fantasies"

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')What went wrong?

[theluckycountry]

Americans working hard to power their homes.





Australians doing the same.




Coal is now an alternative energy source. An alternative to Blackouts.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '[')b]Americans working hard to power their homes.

[theluckycountry]

The World
Powered by Superior Australian Coal

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'T')he World
Powered by Superior Australian Coal

[theluckycountry]

Maybe GoOgLe ay eye was right? As once mighty nations collapse they do use less and less energy. Probably should get an updated chart, but then again, who cares. It's a long long way away and not of any importance anyway.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://upload.wikimedia.org/wikipedia/commons/6/6e/US_Per_Capita_Consumption_of_Electric_Energy.jpg[/img]

Maybe GoOgLe ay eye was right?

[theluckycountry]

Climate change doom-and-gloomers are finally bowing out— and showing that common sense
prevails
$this->bbcode_second_pass_quote('', 'I')n October, the Net Zero Banking Alliance shut down after JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs led a stampede of other banks out the door. Shell and BP have returned to being oil companies, to the delight of their shareholders. Ford is about to cease production of electric pickups that nobody wants. Hundreds of other companies are dropping their climate targets. Australia has backed out of hosting next year’s climate conference.

According to analysis by the Washington Post, it is not just Republicans who have given up on climate change: the Democratic party has stopped talking about it, hardly mentioning it during Kamala Harris’s campaign for president last year. The topic has dropped to the bottom half of a table of 23 concerns among Swedish youths. Even the European Parliament has voted to exempt many companies from reporting rules that require them to state how they are helping fight climate change.

...But decade after decade, carbon dioxide emissions just kept on rising, no matter how much money and research was thrown at the problem. Switching to renewable energy made no difference, literally. Here’s the data: the world added 9,000 terawatt-hours per year of energy consumption from wind and solar in the past decade, but 13,000 from fossil fuels. Not that wind and solar save much carbon dioxide anyway, their machinery being made with coal and their intermittency being backed up by fossil fuels.

Despite trillions of dollars in subsidies, these two “unreliables” still provide just 6 percent of the world’s energy. Their low-density, high-cost, intermittent power output is of no use to data centers or electric grids, let alone transport and heating, and it effectively poisons the economics of building and running new nuclear and gas generation sites by preventing continuous operation.

[theluckycountry]

Does this mean I advocate endless coal burning and gas burning? Of course not! "That all in" one way or the other thinking as to how we will power our civilization for 1000 years was flawed from the very start. People just don't understand how the world works, how it has worked for 5000 years of recorded history.

The "System" all the brain dead are trying to save was doomed from the start! It's a 100 year experiment in burning fossil fuels, and as an experiment it has worked quite well.

1/ We know they are definitely finite now and with current consumption we have little time left.
2/ We know, conclusively, that they poison the environment, the land air and sea. Plastics, gases etc
3/ We know Jevon's Paradox is true, because the world is full of cars and air-conditioners.
4/ And we know, empirically, that we will be screwed without them.

Theory and pure logic prove point 4/ as well, but we only have to look around the world, empirical evidence, to observe that nations that are, or are becoming, energy starved, are getting screwed. That they are being driven back into the 17th century basically. That was before rail revolutionized the world BTW and rail was one of the first casualties of the oil age. In remote towns and villages all across Africa, Asia and even central Europe communities are going back to subsistence farming where as before they were engaged in the global economy. Train lines ran everywhere, the Soviets were very proactive there, but it's all been left to rot and there is often no other practical way for people to get goods in or out of these remote regions as the few roads crumble and wash away.

So instead of fantasizing about a "Transition" from oil and coal, or a revamp of life with the fuels used before the alternate madness, people need to accept the reality that we too will be pushed back toward the 17th century as fossil fuels continue to decline. This great shell game with EV's and Windmills has been fun, and its made trillions for the wealthy of the world. But it's over now, or coming to a speedy end at least. Even England that went full retard on windmills admits it can't integrate anymore into their grid, they are still 50% reliant on Gas, so they are turning their eyes to nuclear. Wrong! Instead they need to turn their eyes toward powering down, like those people in the remote towns where there are no roads and the trains have stopped running.

I'm speaking collectively of course, I have no intent at all to power down. Why should I? I have mapped out the near future based on reality and have no need for austerity. So I run the air-conditioners all day and don't even consider the price of Gasoline. If it ever got that high as to be a concern to me everyone else in the street would be walking. And this attitude of course is what many in the wealthy nations have. It's not a crime, it's just reality. You snooze, you lose.

$this->bbcode_second_pass_quote('', 'T')he Jevon's Paradox is the economic principle where increased efficiency in using a resource actually leads to increased overall consumption of that resource, rather than less, because the resource becomes cheaper and more widely used

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')$this->bbcode_second_pass_quote('', 'T')he Jevon's Paradox is the economic principle where increased efficiency in using a resource actually leads to increased overall consumption of that resource, rather than less, because the resource becomes cheaper and more widely used