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Solar Power To Overtake Oil Production Investment For First

Discussions about the economic and financial ramifications of PEAK OIL

Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby kublikhan » Sun 18 Aug 2024, 20:02:07

I leave for a few weeks and you are still cluttering up the forum with your BS Lucky?

Coal does not run 24/7. The Capacity Factor of US coal is 42%. That means that coal power plant is providing power less than half the time. Same deal in China, sub 50% capacity factor for coal, and still dropping. Some projections put China's coal capacity factor at 25% by 2050. That's worse than wind are barely better than Solar PV:

$this->bbcode_second_pass_quote('', 'S')&P Global forecasts that the capacity factor of China's coal fleets will drop to 25% by 2050, more than halved from the current level.
China's emissions from power sector may peak around 2024

And no, you don't normally build a factory off grid and then build a power plant next to it. All power plants need some down time so this would be foolish. It is doubly foolish to do this with an intermittent power plant like a Solar PV farm.

That doesn't mean Solar PV is nothing but virtue signaling. Lucky, have you even bothered to look at what power plants are getting built in the US today? Let me give you a hint: It's not coal. 96% of all new US power plants getting built this year are non-fossil fuel. And over half of that is Solar PV:

$this->bbcode_second_pass_quote('', '[')img]https://www.eia.gov/todayinenergy/images/2024.02.15/main.svg[/img]
Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

And what is this BS about higher per capita energy consumption = less hunger? Global hunger has been falling for decades:

$this->bbcode_second_pass_quote('', 'T')he UN FAO estimated that one-in-three people in 'developing countries' suffered from hunger in 1970. Rates then plummeted, reaching 12% in 2015.
The oil barrel is half-full.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby AdamB » Tue 20 Aug 2024, 11:20:56

$this->bbcode_second_pass_quote('kublikhan', 'I') leave for a few weeks and you are still cluttering up the forum with your BS Lucky?


Your assumption that fools will somehow self correct naturally is as poor as mine that multiple peak oils spanning multiple decades now would teach peakers they don't know anything about oil, gas, drilling, production, the oil and gas industry at large, geology, the geosciences in general, or a high school class equivalent of economics.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby kublikhan » Tue 20 Aug 2024, 11:30:17

That's nothing. You missed this little gem when you were away:

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('theluckycountry', 'H')itler for all his faults had some really good ideas and implemented them.... on some minority races.
Thats got to be the single most nauseating post I've ever seen at PeakOil.com.
THE Electric Vehicle (EV) Thread pt 14
The oil barrel is half-full.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 20 Aug 2024, 18:02:29

If you boys have finished tugging each other off, we'll get back on topic.

Repurposing failed solar projects: Social conditions for successful reuse of photovoltaic systems in Bangladesh

Gleaning the scraps of modern society in other words. Ratting the dumpster like buying a used EV.

$this->bbcode_second_pass_quote('', 'A')bstract

Solar generation has experienced rapid growth in the effort to decarbonize energy systems. However, the sustainable use of photovoltaic (PV) systems entails costly management, leading to the accumulation of abandoned PV panels in developing countries. Reusing these abandoned PV panels appears promising because it is technically and economically feasible in such regions. Despite this potential, there is a lack of social theory identifying the conditions necessary for their reuse. ...this study develops a social theory emphasizing that the successful reuse of PV systems requires acceptance by political leaders. This acceptance is more likely when it is difficult for leaders to exploit PV systems for personal gain.

...solar generation technology has experienced rapid growth, and the decline in solar panel prices has led to a significant global surge in production and consumption.

...However, such a rapid expansion in the use of solar generation is accompanied by the depletion of rare resources used in manufacturing solar panels and the issue of solar panel waste. According to the International Renewable Energy Agency (IRENA), the cumulative waste from photovoltaic (PV) panels is estimated to reach 1.7–8 million tons by 2030.
https://www.sciencedirect.com/science/a ... 9624002731

So if you live in a wealthy nation and can paper over the failure of these large scale systems, AND can transfer the waste at end of life to somewhere like India or China, then they still look like a good deal. But the truth is they are a failure! If they can't work in Bangladesh, how are they going to work in the USA when the Federal government and venture capitalists stop supporting them? How will they work when China stops subsidizing the panels with low wages, currency manipulation and the low cost rapidly depleting resources used to build them? Answer? They won't.

$this->bbcode_second_pass_quote('', 'P')V systems fail in a short time because the batteries and inverters used in the systems can degrade completely within as little as three years. Notably, inverters generate the majority of service requests related to PV systems, whereas PV panels generate the fewest. For the sustainable and long-term use of these systems, users need to invest in new batteries and inverters, which entails a certain amount of cost. However, changing or repairing the damaged parts of PV systems can pose a substantial challenge for residents in low-income off-grid areas


Half the problem is storage, a problem negated by being connected to a grid (with conventional power backup, coal, Gas) It reminds me of the hybrid car, is that an EV? Not if it's burning oil, and neither is a solar system an alternate energy system if it's hooked up to a grid with a coal plant at the end. Is PV better than coal? Cheaper over the long run? No, quite the opposite as we see from these failing and abandoned projects. Just like the EV swindle these large scale PV systems were simply a money grab for the corporations and Banks involved. Just another waste of fossil fuels at the end of the industrial age. Nothing can replace the energy inherent in fossil fuels and without them our modern techno civilization comes to a screeching halt. Even Nuclear relies on an underlying fossil fuel economy, everything from your refrigerator to your car to the phone in your pocket.

Why did the world fall for these scams? Because of the Religion of progress of course. "Mankind from the caves to the stars" has blinded their reason just as the Catholic Church blinded scientific reason for a millennia and a half. There was a couple of hundred years of free thought after that era though, but today we are right back to blinded scientific reason. This time by the wealthy industrialist class who obviously want to hide the facts so they can continue to build their private empires out of what's left of nature's bounty. Fortunes have been made by them peddling this stuff, and fortunes lost by the average man who was stupid enough to invest in the shares of the companies. Billions in taxes wasted to subsidize them, think of that next time you run over a pothole.

What people have failed to notice in their rabid worship of the religion of technology is the simple fact that from the time the first steam pump began pulling water out of coal mines, kicking off the industrial revolution, all the work has been done by fossil fuels. Not until people escape the church of the cult of technology will they be able to see reason. Until then they will be enthralled by the prophets of Tech, believing every sacred word spoken. Are solar panels worth the effort at all? Sure, for a limited time, on a household basis, providing the government pays half and you are connected to a cheap coal fired grid. But you'd have to be Lucky for all those dominoes to fall in place :-D
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 20 Aug 2024, 18:10:30

Why is solar so expensive in the U.S

$this->bbcode_second_pass_quote('', 'T')he cost of solar has plummeted in the U.S. over the last five years. With solar prices dropping to an average of $2.77 per watt for residential solar shoppers, the industry has hit a very important and impressive milestone. However, solar costs in the U.S. remain higher than in other countries, most notably Australia
https://www.energysage.com/solar/why-is ... in-the-us/


Why is solar installation so expensive in the US?
$this->bbcode_second_pass_quote('', '
') I worked in the solar industry in both the US and NZ, and my opinion is that there are a few factors.

One, there are only about two layers of middle men in NZ from factory to your roof while in the US it's more like 5 companies. Additionally there might be a small cost savings in shipping from SE Asia to NZ vs the USA.

The second, and largest thing in the US residential market is that the loans have massive fees built into them. You could get $2/Watt in both countries if you paid cash. By and large most residential solar companies in the US are really more of sales companies who are trying to get their customers to sign up for a loan through a (perhaps predatory) finance company.
https://www.reddit.com/r/solar/comments ... in_the_us/

The USA, a nation of Debt slaves. A bankers paradise.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby AdamB » Tue 27 Aug 2024, 14:35:59

$this->bbcode_second_pass_quote('theluckycountry', 'I')f you boys have finished tugging each other off, we'll get back on topic.

Plant isn't a boy.

And why do you being a Hitler fanboi not seem...odd?

Australia is still reckoning with a shameful legacy: the resettlement of suspected war criminals after WWII
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 27 Aug 2024, 18:34:36

$this->bbcode_second_pass_quote('kublikhan', '
')
Coal does not run 24/7. The Capacity Factor of US coal is 42%. That means that coal power plant is providing power less than half the time. Same deal in China, sub 50% capacity factor for coal...

You forgot Nat Gas.

$this->bbcode_second_pass_quote('', ' ')Lucky, have you even bothered to look at what power plants are getting built in the US today? Let me give you a hint: It's not coal. 96% of all new US power plants getting built this year are non-fossil fuel. And over half of that is Solar PV:

$this->bbcode_second_pass_quote('', '[')img]https://www.eia.gov/todayinenergy/images/2024.02.15/main.svg[/img]
Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

So whose crystal ball came up with that December 2024 figure kub? Is that a Biden promise? I wish you'd keep your reporting to what actually exists, not what's promised. But since you like prognosticating so much, here's a prophesy to match yours, and from the IEA too.

$this->bbcode_second_pass_quote('', 'T')he report's July update, published today, finds that electricity demand in the United States is expected to decline by almost 2% this year while demand in Japan is forecast to fall by 3%. Electricity demand in the European Union is set to drop by 3
% https://www.iea.org/news/declining-elec ... -this-year

Why is US electricity demand falling? Because solar, as you lot have instituted it, is so expensive people are cutting back on consumption, and because the nation is basically going broke! Efficiency plays a big part of course. When hundreds of thousands of people move out of houses into nylon tents and their cars their electricity usage drops dramatically! When EV manufacturing plants go bankrupt and others scale back production, when shopping malls turn off their lights and get abandoned those efficiencies add to the mix too. Yes from that perspective America is becoming very efficient.

$this->bbcode_second_pass_quote('', '
')Global hunger has been falling for decades... reaching 12% in 2015.
Oh, 2015, that's certainly up to date isn't it kub. Do you shop at wallmart too, eat all that sugary processed garbage that is passed off as food these days? You live in the past, and in delusional projections for the future. I live in the now because I'm a realist, not a dreamer. This solar PV transition you shill is no different to the Solar Thermal savior of a decade and more ago and that has failed miserably. I'm sure back in the day though you were touting that too, how it was going to replace coal and Gas :roll:

America’s Concentrated Solar Power Companies Have All but Disappeared
https://www.greentechmedia.com/articles ... isappeared

So now the great con is Solar PV. Something I know a bit about since I have setup my own offgrid systems, installed it on RVs and currently have ad extensive system on my new home as well as an offgrid component in case of blackout. It's great! But it doesn't scale up in a practical economic sense, just like battery powered vehicles don't scale up beyond the e-bike in a practical sense.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 27 Aug 2024, 19:11:04

The End game.

The Complete List of Solar Bankruptcies and Business Closures
$this->bbcode_second_pass_quote('', '
')The solar industry experienced exponential growth over the last decade as costs fell and favorable policies helped drive mass adoption.

However, 2023 has brought immense challenges, with higher interest rates, tighter financing, and adverse policy shifts in key states contributing to over 100 solar bankruptcies based on our industry data, a number unseen before in our almost 20 years in the solar sector. California was particularly hard hit due to new net metering rules under NEM 3.0 that radically reduced system economics.
https://www.solarinsure.com/the-complet ... s-closures


radically reduced system economics
radically reduced system economics
radically reduced system economics
radically reduced system economics...

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US Primary Energy consumption by Energy Source 2023
https://www.eia.gov/energyexplained/us-energy-facts/

Net electricity generation in the United States from 1990 to 2023, by energy source
https://www.statista.com/statistics/220 ... n-by-fuel/

As you can see, Coal generation has been falling and being replaced by natural gas Generation in nearly equal measure for over 30 years. What has intermittent Solar achieved? Nothing really, it's just been adding more for consumption, and costing a fortune in the process. That's why we have seen over 100 bankruptcies of the big players. When did a coal company or a Gas company ever go bankrupt?

Yes you were lied to again, and you fell for it, like always.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby kublikhan » Tue 27 Aug 2024, 19:49:35

$this->bbcode_second_pass_quote('theluckycountry', 'Y')ou forgot Nat Gas
No I didn't. I was responding to your post about coal running 24 hours a day, 7 days a week. Natural gas does not run 24/7 either. Nuclear actually comes closest to that goal with a capacity factor far higher than either coal or natural gas. But then you shit all over nuclear too don't you?

$this->bbcode_second_pass_quote('theluckycountry', 'S')o whose crystal ball came up with that December 2024 figure kub? Is that a Biden promise?
Power plants do not spring into existence overnight. They take months, sometimes years to build. Those are the dates the capacity will come online. But if you want to look at only the first half of the year, here you go. Shocker! The power plant breakdown is extremely similar to the full year breakdown.

$this->bbcode_second_pass_quote('', 'A')ugust 19, 2024 - Developers and power plant owners added 20.2 gigawatts (GW) of utility-scale electric generating capacity in the United States during the first half of 2024. This new capacity is 3.6 GW (21%) more than the capacity added during the first six months of 2023. Based on the most recently reported data, developers and owners expect to add another 42.6 GW of capacity in the second half of the year.

Operational capacity additions: As in 2023, solar accounted for the largest share of newly operating generating capacity in the United States during the first half of 2024. Solar additions totaled 12 GW, 59% of all additions.

The second-most capacity additions so far this year were battery storage, which made up 21% (4.2 GW).

Wind power made up 12% (2.5 GW) of U.S. capacity additions.

Nuclear power increased in the United States during 2024 as well. Unit 4 (1,114 MW) at Georgia’s Vogtle nuclear power plant began commercial operations in April, making Vogtle the largest nuclear facility in the United States and the only one with four nuclear power reactors.
U.S. power grid added 20.2 GW of generating capacity in the first half of 2024

$this->bbcode_second_pass_quote('theluckycountry', 'W')hy is US electricity demand falling? Because solar, as you lot have instituted it, is so expensive people are cutting back on consumption, and because the nation is basically going broke!
And you just continue to pull "facts" right out of your ass. Why bother even looking up the truth? The truth might be inconvenient to the BS you are preaching. The truth is we had milder weather in 2023 than we did in 2022 that led to a decrease in electricity usage. Which by the way did not even cover the increase in electricity usage from 2022:

$this->bbcode_second_pass_quote('', 'E')lectricity demand in the United States fell by 1.6% in 2023 after increasing 2.6% in 2022, but it is expected to recover in the 2024-26 outlook period. A key reason for the decline was milder weather in 2023 compared with 2022.

We forecast a moderate increase in demand of 2.5% in 2024, assuming a reversion to average weather conditions. This will be followed by growth averaging 1% in 2025‑26, led by electrification and the expansion of the data centre sector, which is expected to account for more than one-third of additional demand through 2026. IEA: Executive summary

$this->bbcode_second_pass_quote('theluckycountry', 'O')h, 2015, that's certainly up to date isn't it kub. Do you shop at wallmart too, eat all that sugary processed garbage that is passed off as food these days? You live in the past, and in delusional projections for the future. I live in the now because I'm a realist, not a dreamer. This solar PV transition you shill is no different to the Solar Thermal savior of a decade and more ago and that has failed miserably. I'm sure back in the day though you were touting that too, how it was going to replace coal and Gas Once again, pulling BS right out of your ass. FYI, global hunger was even lower last year than it was in 2015. 1 in 11 people worldwide faced hunger in 2023, thats 9%. IE, less than the 12% figure I quoted earlier. I already dismantled your BS about "delusional projections for the future" earlier.

$this->bbcode_second_pass_quote('theluckycountry', 'W')hat has intermittent Solar achieved? Nothing really, it's just been adding more for consumption, and costing a fortune in the process. That's why we have seen over 100 bankruptcies of the big players. When did a coal company or a Gas company ever go bankrupt?Are you serious right now? More than 100 oil & gas companies went bankrupt in 2020 alone.

$this->bbcode_second_pass_quote('', 'M')ore than 100 oil and gas companies declared bankruptcy in 2020. Forty-six exploration and production companies and 61 oil-field service companies filed for Chapter 11 bankruptcy last year.

“Since 2015, more than 500 bankruptcies have been filed in the North American oil and gas industry,” Haynes and Boone said in its latest bankruptcy report published this month. “In hindsight, 2020 stands out over this dismal period for the industry setting a number of records.” Over 100 oil and gas companies went bankrupt in 2020

$this->bbcode_second_pass_quote('', '6')3 coal company bankruptcies occurred between 2012 and 2022. The cases involve 1,100 corporate entities. A big wave of bankruptcies occurred between 2013 and 2016. Coal bankruptcies continue to put a strain on communities

You just continue to make stuff up. You are like a flat earther. A Hitler fanboi flat earther: Woke Flat Earthers | Malik Elassal | Stand Up Comedy
The oil barrel is half-full.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 27 Aug 2024, 22:59:17

$this->bbcode_second_pass_quote('kublikhan', '
')
You just continue to make stuff up. You are like a flat earther. A Hitler fanboi flat earther:

bLAH Blah BlAh, I didn't make up the total failure of Solar thermal in the US, nor the 100 solar companies that have collapsed this year. Go ahead and call me names kub, it's all you have left. Nothing left but kub's broken dreams and frantic dashing too and fro to try and hide the facts.

I'll keep collecting my solar refunds here from my quality Flex panels and ABB inverters and enjoy my motorcycles and 1st world lifestyle. I'll leave you to your homeless camps and your streets full of Human feces. Phew! Place must resemble India by now.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Tue 27 Aug 2024, 23:28:01

What’s slowing down America’s clean energy transition? It’s not the cost
New report finds renewable energy faces organised opposition and grid connectivity issues.
https://www.aljazeera.com/economy/2024/ ... t-the-cost


California clean energy industry rocked with widespread jobs losses, bankruptcies, following state’s dismantling of rooftop solar program
https://www.ewg.org/news-insights/news- ... obs-losses

Hundreds of thousands of solar panel customers may be paying more than they should
Powering your home with rooftop solar panels is great for the planet but isn't always a good deal for consumers. One of the problems might be with the way the industry was built in the first place.
https://www.npr.org/2024/08/08/nx-s1-50 ... hey-should

Broken promises broken dreams...

Just like the poor saps that bought an EV and only then discovered all the downsides the sales rep never mentioned. "We'll I'll just sell it" Sorry, nobody want them now, not at any realistic price anyway. There are only so many Adams out there scrapping the bottom of the barrel.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby AdamB » Wed 28 Aug 2024, 00:10:21

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('kublikhan', '
')
You just continue to make stuff up. You are like a flat earther. A Hitler fanboi flat earther:

bLAH Blah BlAh, I didn't make up the total failure of Solar thermal in the US, nor the 100 solar companies that have collapsed this year.

A Nazi fanboi against a functioning brain...anyone want 1 in a billion odds the Nazi fanboi loses?

$this->bbcode_second_pass_quote('theluckycountry', '
')I'll keep collecting my solar refunds here from my quality Flex panels and ABB inverters and enjoy my motorcycles and 1st world lifestyle. I'll leave you to your homeless camps and your streets full of Human feces. Phew! Place must resemble India by now.


I use my panels to fuel the car. As far as homeless camps and whatnot, I'd say come visit and see how your imagination doesn't match reality but the country that whupped it up on the Nazi's might find out about your support of Adolf and not let you in. Homeless Central Americans, sure...but Nazi's? Nope.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Wed 28 Aug 2024, 06:57:35

Every forum has a pair, two angry little men, following each other from thread to thread, nipping at the heels of the Adults in the room. :roll:

Yip Yip Yip
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Yap Yap Yap
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Wed 28 Aug 2024, 07:34:43

Proof that wind and solar are disasters, not the energy America really needs
$this->bbcode_second_pass_quote('', 'E')nergy policy should be based on facts, not hopes and dream
Unfortunately, the debate over energy is dominated by agenda-driven outbursts and misleading statistics, from activists and governmental officials alike. That’s why we released a comprehensive report card that reviews every major energy source's benefits (and limitations).
https://www.mackinac.org/blog/2024/proo ... ally-needs

Hopes and dreams and Billions of future taxpayer dollars in the form of debt, wasted.
While the cornucopians hold up their latest iphones as proof of the progress of man from the caves to the stars a little space pod not unlike an 1969 Apollo reentry vehicle lays crippled aside the ISS. What is this vehicle? The Boeing StarLiner. Yes, that typifies the society we live in. A little pod, not a Liner, and certainly not even able to leave low earth orbit let a lone travel to the stars is portrayed as a great leap forward for mankind.

This is a starliner, and it only exists in the imagination of SciFi creators.

Image

Even the ISS is a joke, a pathetic jumble of tin cans and solar panels just waiting for a decent meteoroid to smash it out of existence. Yes a meteoroid, not a meteor, or meteorite. If you don't know the difference between the three then you know shit about space in general, just what the TV has told you. "Look LOOK! A Blue Moon" Ignorant people claiming scientific knowledge :lol:

Man's exploration of space essentially ended with the Apollo program and for good reason, it was very expensive and the US has passed it's peak in conventional oil. It's been all downhill since then but the public didn't get the Memo. What they get instead is political promises and a big dose of Hopium every decade or so. "Oh Elon Musk... Falcon Heavy..." Yes yes, a Saturn 5 with ipads

Solar Thermal will give us all the free energy we need... Solar photovoltaics will propel us back to prosperity, we can keep the freeway lights on forever. Windmills, Sodium batteries, Hydrogen powered cars. And all along the way corporations and Wall Street milk the Federal budget and the public like a Cow. Then comes the end, the gates are closed and the weeds take over and we move onto the next Techno marvel that will propel us to prosperity. Then the gates close on that one too, the weeds take over, on and on ad-nauseam.


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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby kublikhan » Wed 28 Aug 2024, 10:38:11

$this->bbcode_second_pass_quote('theluckycountry', 'b')LAH Blah BlAh, I didn't make up the total failure of Solar thermal in the US, nor the 100 solar companies that have collapsed this year. Go ahead and call me names kub, it's all you have left. Nothing left but kub's broken dreams and frantic dashing too and fro to try and hide the facts.
What you are doing is turd mining. Looking for any negative news at all to support your narrative that renewables are dead. Nothing could be farther from the truth:

$this->bbcode_second_pass_quote('', 'F')or an established sector like solar, approaching double growth in one year was simply not part of any analyst’s script. But it happened in 2023. The world deployed 447 GW of new solar PV capacity last year; an incredible 87% more than 2022 and achieving a growth rate we haven’t seen since 2010, when the global solar market was only 4% of today’s size.

In last year’s Global Market Outlook, we actually did anticipate growth for several reasons, but not as high as what was achieved.

Further driven by cost improvements and the numerous benefits the technology provides, we have increased our most likely outlook to 544 GW in 2024, based on a 22% YoY growth, and low two-digit improvements to an annual market of 876 GW in 2028.
Outlook For Solar Power 2024 - 2028

$this->bbcode_second_pass_quote('', 'A') new report has revealed that zero-carbon sources accounted for more than 40% of the global electricity in 2023, with the renewable energy sector projected to deliver similar outputs again this year.

Moreover, almost 91% of the global net power capacity additions came from solar and wind in 2023, up from 83% in 2022. In comparison, the net new power capacity additions from fossil fuels accounted for just 6%, the sector’s lowest level ever.

Wind power now alone accounts for 1 terawatt (TW) of installed power-generating capacity, while the global installed solar fleet stands at 1.6TW, witnessing a 76% year-on-year growth, with a net 428 gigawatts (GW) of solar deployed last year.

Report author Sofia Maia said: “We have seen a step-change in renewable energy compared to a few years before. There’s now no question this is the largest source of new power generation, wherever you go.”
Report: Zero-carbon sources accounted for almost half of global electricity in 2023

Did you know that wind and solar represented 91% of global new capacity additions to the grid last year? With fossil fuels at a pathetic 6%? Did you know non fossil fuel sources generated 40% of global electricity last year?

$this->bbcode_second_pass_quote('theluckycountry', 'E')very forum has a pair, two angry little men, following each other from thread to thread, nipping at the heels of the Adults in the room.
Projecting again? I have seen you post in threads you have never touched before just because I posted there. Then you proceed to post juvenile pictures. Exactly like you just did.

$this->bbcode_second_pass_quote('theluckycountry', 'P')roof that wind and solar are disasters, not the energy America really needsAre you kidding me? They gave natural gas high grades for environmental and human impact? WTF? Is natural gas reliable? Hell yeah. It beats the pants off intermittent sources like Solar PV and wind. Is it cheap and easy? Sure let's go with that(let's ignore the 14 fold increase in European natural gas prices for the purpose of this comparison). But to call it good for the environment? That's not even a stretch. It's just flat out wrong. Methane leaks make the global warming potential of natural gas just as bad as coal:

$this->bbcode_second_pass_quote('', '[')b]The reality
Natural gas and coal have significant life-cycle emissions of CO2 and other climate pollutants like methane throughout their supply chains from extraction to end use. Many coal-to-natural gas comparisons consider only end-use combustion, factoring in emissions from a power plant or home furnace. This leaves out total GHG life-cycle emissions created by extracting, shipping, and processing natural gas and coal. In reality, methane leakages drive emissions parity between gas and coal, especially through the gas supply chain.

As a climate pollutant, methane is over 80 times more potent than CO2 across a 20-year period. The article published in the scientific journal Environmental Research Letters concludes that leaky gas is as damaging to the climate as coal.

Gas leakage has been documented widely by the media over the past couple of years. Ongoing aerial surveys and a growing constellation of satellites are finding that methane leaks are far more frequent and intense than previously assumed. Massive methane plumes make it clear that production equipment alone can persistently leak beyond that 0.2 percent threshold.

Recent studies have shown that unlit or inefficient flares are releasing five times more methane than previously thought. Reality Check: Natural Gas’s True Climate Risk
The oil barrel is half-full.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby AdamB » Wed 28 Aug 2024, 11:05:43

$this->bbcode_second_pass_quote('theluckycountry', 'E')very forum has a pair, two angry little men, following each other from thread to thread, nipping at the heels of the Adults in the room. :roll:


Could be, but as PStarr hasn't been back in awhile you and him can't be bro's together.

All the adults in my family going back to great grandma graduated high school. If adults in your country can't even get that far with some mild education, then you don't even qualify to compete with PStarr (a masters degree if memory serves).

Now, could part of your obvious US anomosity be that we here in America encourage our customs folks to not let immigrants sporting nazi fanboi themes into the country? And might encourage uneducated nazi fanbois from other countries to turn around and get their uneducated meme spouting nazi proclivities back to their land of kangaroo transportation and inability to build ferris wheels?

Try being more like the Kiwi's, they are smart and educated people, not at all like your imitation of crocadile dundee.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Wed 28 Aug 2024, 14:07:19

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby AdamB » Wed 28 Aug 2024, 15:04:29

$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://avatars.mds.yandex.net/i?id=bd530d0bfbdd94250669195a6feedb2bfa622b3f-6160767-images-thumbs&n=13[/img]

No need for rudeness. I have to admire a people that can tame kangaroos to be able to ride them, I had read somewhere that they can be quite a handful with the ability to sort of use their tail to support themselves to then try and use hindclaws and whatnot to disembowel folks.

I did horses as a kid, and they certainly can't do anything like that. They could fall over on you or something and squash you like a wattum but had no ability to be wiley. You could see them rearing up on their hindlegs coming and get out from underneath it pretty easily.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Wed 28 Aug 2024, 17:18:51

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Unread postby theluckycountry » Thu 29 Aug 2024, 04:13:12

This was the Promise in the 1960's, and yes of course it will happen! Don't be a Luddite.
"They're working on it" says the caption.


Image

This second picture, the Olduvai peak chart, is far more accurate as to where we have been and where we are going. In it's simplicity it cuts through the promises of a government collapsing under the weight of 35 Trillion in debt.


Image

And why is the Government handing out money like candy for all these pointless renewable rebuildable projects? Well you have to understand money and debt for that revelation. But in simplistic terms the US government must come up with 1 Trillion dollars a year now to pay the interest on all that debt and an easy way to help that along is to create loads more debt, for any pointless project, and then siphon off a few tens of billions here and there to put towards interest payments.

The new money created has to stimulate employment of course (Tax revenues) but it doesn't need to be productive. The collapse of the California clean energy industry in the article above is of no consequence as the needed money for that have already been extracted, it can fall on it's face as the government has already moved on to debt creation in other areas.

This is the bases of the US economy. Debt creation leading to bubbles leading to collapses. Great if you're at the top of the food chain. Not so good if you're an average person just wanting to retire with any sort of a decent lifestyle. But that's the capitalist business model that you voted for.

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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