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THE Alternative Energy Thread pt 4 (merged)

Discussions of conventional and alternative energy production technologies.

Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby kublikhan » Sun 18 Feb 2024, 17:11:01

$this->bbcode_second_pass_quote('theluckycountry', 'Y')ou're an ignorant cornuopian, you just parrot media spin, stories from companies hoping to garner government funding and startup capital. I at least do a little critical research from reliable sources. But I also use a lot of common sense, and common sense says that if this low grade Geo thermal was of any value it would have been tapped into long ago. Like nocar says above, it works ok up around the arctic circle where the temperature differential is high, but it's not cheap.
More BS. Your "critical research" consists of parroting zerohedge articles. Stories hoping to garner money with clickbait crap. And you and swallow it hook line and sinker. And your common sense fails miserably as well. Heat pumps would have been used years ago if they had value? They have been used for decades! There are more heat pumps sold in the US than furnaces:

$this->bbcode_second_pass_quote('', 'H')eat pumps outsold gas furnaces. Again. According to data from the Air-Conditioning, Heating, and Refrigeration Institute released last week, Americans bought 21 percent more heat pumps in 2023 than the next-most popular heating appliance, fossil gas furnaces.

As electric appliances, heat pumps help slash planet-warming emissions from a major source — space heating — while also letting consumers ditch the health-harming fumes from gas and heating oil in their homes. They’re almost magically efficient; they can routinely produce the same amount of heat as a fossil-fired system using just a third or a quarter of the energy.
Heat pumps outsold gas furnaces again last year — and the gap is growing

$this->bbcode_second_pass_quote('', 'T')he EU is the fastest-growing market for heat pumps, but China has the largest number of installations, according to a new report.

Europe’s shift away from gas has been getting all the attention, but the world’s biggest market for new heat pump sales is China. While North America has the largest number of heat pumps already installed in homes and the EU is the fastest-growing market — sales were up 35% there last year, compared with 15.1% globally — China had the largest number of new installations.
China Is Leading the World on Heat-Pump Adoption

$this->bbcode_second_pass_quote('', 'W')orldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency says in a new special report released today.

Heat pumps are a hyper-efficient and climate-friendly solution, which help consumers save money on bills and enable countries to cut reliance on imported fossil fuels, according to the IEA special report The Future of Heat Pumps, the first comprehensive global outlook on the subject.

The heat pump market has been growing strongly in recent years, due to falling costs and strong incentives. Global heat pump sales rose by nearly 15% in 2021, double the average of the past decade, led by the European Union where they rose by around 35%. Sales in 2022 are set to hit record levels in response to the global energy crisis, especially in Europe where some countries are seeing sales double in the first half of 2022 compared with the same period last year.

Annual sales of heat pumps in the EU could rise to 7 million by 2030 – up from 2 million in 2021. Heating buildings accounts for one-third of EU gas demand today. Heat pumps could reduce that demand by nearly 7 billion cubic metres (bcm) in 2025 – roughly equal to the natural gas supplied via the Trans Adriatic Pipeline in 2021.

“Heat pumps are an indispensable part of any plan to cut emissions and natural gas use, and an urgent priority in the European Union today,”
The global energy crisis is driving a surge in heat pumps, bringing energy security and climate benefits

$this->bbcode_second_pass_quote('', 'G')eothermal Heat Pump Market Trends
The global geothermal heat pump market size was estimated at USD 11.97 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2030. The growing demand for reliable, cost-effective, and energy-efficient solutions is projected to drive market growth over the forecast period.

Soil temperatures in most areas of U.S. are usually warmer than air during winters and cooler in summers. GHPs use ground's constant temperature to cool and heat buildings. According to the Environmental Protection Agency (EPA), GHPs are the most cost-effective, environmentally clean, and energy-efficient systems for cooling and heating buildings including homes, office buildings, schools, and hospitals.
Geothermal Heat Pump Market Trends

$this->bbcode_second_pass_quote('', 'T')he global geothermal heat pump market is driven by rising application in residential and commercial buildings. The geothermal heat pumps technology is a significant advancement to conventional heating, ventilating, and air conditioning (HVAC) systems that are typically based on air-source heat pumps. Rising prices of oil and electricity in developing nations across the globe is expected to fuel the demand for cost-efficient alternatives such as geothermal systems.

Growing oil prices and subsequent rises in electricity & energy costs have created a dire need for energy substitutes. The cost-effectiveness and dependability of alternative energy sources are making them popular in recent times. Owing to these reasons, the global market for geothermal heat pumps has been witnessing remarkable growth. The worsening issue of climate change will continue to propel the geothermal heat pump market in the foreseeable future.
Geothermal Heat Pumps Market Size

Idiots. Don't they know Lucky called this a big scam? I guess these morons can't use "common sense" like Lucky does.

$this->bbcode_second_pass_quote('theluckycountry', 'T')he critical flaw in all your thinking kub is that you attribute the technology and lifestyles we enjoy today as being the result of mankind's big smart brains. But it is the oil and coal that got us here, not our brains. All our brains achieved was a million ways to waste it.
More BS. I have been concerned about our energy dilemma for years now. Why do you think I joined this site in the first place?
The oil barrel is half-full.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Wed 27 Mar 2024, 06:29:57

Infrasound From Wind Turbines Could Be 'A Huge Threat To The Entire Biodiversity

No I hadn't heard of it either, more unintended consequences of the Great transition to rebuildables. Cornucopians of course will dismiss it as irrelevant, nothing must stand in the way of progress. I learnt many years ago that you never buy a house near High Voltage transmission lines, they generate EM fields that can induce currents, enough to illuminate a fluorescent tube beneath them. Since our bodies contain charged particles these fields can interact with them as too. It's all well documented, and pushed under the carpet, just like the dangers of cellular phone overuse. People who haven't figured that out yet deserve their brain tumors IMO.

$this->bbcode_second_pass_quote('', '.').. For Dr. Ursula Bellut-Staeck, this development represents “a huge problem for all forms of organisms,” including humans. The medical doctor and scientific author has been studying the health effects of infrasound for several years. She has been looking into infrasound as a stressor on the cellular level since 2015 and published a paper in 2023 on how infrasound affects microcirculation and endothelial cells.

Inaudible but Impactful

Infrasound is defined as a sound wave with a frequency of less than 20 hertz (Hz). The lower the frequency of the sound, the greater its wavelength and the harder it is to shield from it. Infrasound can penetrate walls, people, and animals. “With ever larger wind turbines, the frequencies are getting lower and lower. This makes infrasound more problematic and dangerous,” Dr. Bellut-Staeck told The Epoch Times.

“Since around 2015, it has been noticed that people exposed to infrasound and vibration from technical emitters have shown symptoms that correspond to microcirculatory disorders,” Dr. Bellut-Staeck said. This effect was particularly noticeable after smaller wind turbines were replaced by larger ones.

Reported adverse effects of industrial wind turbines include weakness, dizziness, headaches, concentration and memory issues, ear pressure, cardiac arrhythmia, and sleep disorders, according to research cited in Canadian Family Physician.

Numerous animals have also reacted to wind turbines. It has been observed that they leave the vicinity of wind turbines. One study published in Scientific Reports showed that many bird and mammal species avoided wind farms and the surrounding areas, affecting distribution and migration patterns. Place-bound animals such as horses, cows, and pets are said to have shown changes in behavior, including signs of stress.
https://www.theepochtimes.com/health/in ... =ZeroHedge
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Wed 27 Mar 2024, 06:40:36

berkeley.edu
“Cellphones, cell towers and other wireless devices are regulated by most governments,” said Moskowitz. “Our government, however, stopped funding research on the health effects of radiofrequency radiation in the 1990s.”

Since then, he said, research has shown significant adverse biologic and health effects — including brain cancer — associated with the use of cellphones and other wireless devices. And now, he said, with the fifth generation of cellular technology, known as 5G, there is an even bigger reason for concern.
https://news.berkeley.edu/2021/07/01/he ... radiation/

ucla health.org
It’s difficult to make conclusions based on this data. There does appear to be some evidence that more than 10 years of cell phone use may increase the risk of brain tumors. Yet, the potential for recall bias means the data isn’t irrefutable. Nonetheless, I would recommend being conscious of the amount of time you spend with a cell phone or a cordless phone against your head. Luckily, we can now communicate through a Bluetooth device, reducing whatever risk there may be.

It’s difficult to make conclusions based on this data. There does appear to be some evidence that more than 10 years of cell phone use may increase the risk of brain tumors. Yet, the potential for recall bias means the data isn’t irrefutable. Nonetheless, I would recommend being conscious of the amount of time you spend with a cell phone or a cordless phone against your head. Luckily, we can now communicate through a Bluetooth device, reducing whatever risk there may be.

Physicians for Safe Technology
Epidemiological data and basic science research increasingly support a significant association between cell phone use and ipsilateral (same side) brain tumors with long term use.
https://mdsafetech.org/science/cancer/
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby careinke » Wed 27 Mar 2024, 13:53:50

$this->bbcode_second_pass_quote('theluckycountry', 'b')erkeley.edu
“Cellphones, cell towers and other wireless devices are regulated by most governments,” said Moskowitz. “Our government, however, stopped funding research on the health effects of radiofrequency radiation in the 1990s.”

Since then, he said, research has shown significant adverse biologic and health effects — including brain cancer — associated with the use of cellphones and other wireless devices. And now, he said, with the fifth generation of cellular technology, known as 5G, there is an even bigger reason for concern.
https://news.berkeley.edu/2021/07/01/he ... radiation/

ucla health.org
It’s difficult to make conclusions based on this data. There does appear to be some evidence that more than 10 years of cell phone use may increase the risk of brain tumors. Yet, the potential for recall bias means the data isn’t irrefutable. Nonetheless, I would recommend being conscious of the amount of time you spend with a cell phone or a cordless phone against your head. Luckily, we can now communicate through a Bluetooth device, reducing whatever risk there may be.

It’s difficult to make conclusions based on this data. There does appear to be some evidence that more than 10 years of cell phone use may increase the risk of brain tumors. Yet, the potential for recall bias means the data isn’t irrefutable. Nonetheless, I would recommend being conscious of the amount of time you spend with a cell phone or a cordless phone against your head. Luckily, we can now communicate through a Bluetooth device, reducing whatever risk there may be.

Physicians for Safe Technology
Epidemiological data and basic science research increasingly support a significant association between cell phone use and ipsilateral (same side) brain tumors with long term use.
https://mdsafetech.org/science/cancer/


This issue will be a top priority for the new Kennedy/Shanahan team when they win the 2024 elections. The data is there, and AI will find it. Heal the world, heal the people.

Kennedy is the Remedy

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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby mousepad » Wed 27 Mar 2024, 14:39:08

$this->bbcode_second_pass_quote('careinke', '
')Kennedy is the Remedy


I thought bitcoin is? You having me all confused.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby careinke » Wed 27 Mar 2024, 14:48:35

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('careinke', '
')Kennedy is the Remedy


I thought bitcoin is? You having me all confused.


Bitcoin is just part of the remedy and completely Permaculture compliant. It takes a system to heal the world and its people.

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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Tue 04 Jun 2024, 17:49:28

$this->bbcode_second_pass_quote('', 'J')une-3
A slow-motion collapse in the offshore wind industry continues to grow as sticky inflation and supply chain challenges force developers to delay or cancel major projects. In particular, progress towards the Biden administration’s goal of building large amounts of floating wind off the northeastern US coast is just about stalled.

Shell, which invested in a series of offshore wind projects in recent years, including offshore the northeastern United States, announced last week it would lay off much of its offshore wind business staff as the oil giant advances its program of refocusing on its core oil and gas business.

“We are concentrating on select markets and segments to deliver the most value for our investors and customers,” a Shell spokesperson told Bloomberg. “Shell is looking at how it can continue to compete for offshore wind projects in priority markets while maintaining our focus on performance, discipline and simplification.”

Wind turbine maker Siemens Gamesa announced even bigger layoffs, saying it would cut 15 per cent of its global staff to adjust to a slowing market. The announcement comes after the company reported a €4.6 billion loss for 2023, a losing trend that has continued over the first half of 2024
https://www.msn.com/en-us/money/markets ... r-BB1nxpVO

These technologies along with the EV transition are oil tankers at sea. The engines have stopped but their inertia keeps pushing them along.


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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Sat 06 Jul 2024, 18:20:08

European Power plants are burning American forests

$this->bbcode_second_pass_quote('', 'P')osted on July 5, 2024 by energyskeptic
Preface: More than half of Europe’s “green” energy comes from burning wood, a lot of it imported from America. Now Denmark would like to import methanol made from pinyon pines and junipers from hundreds of thousands of acres in the Southwest. And American biomass burning electric plants would like to burn them as well. The first article below is about the consequences of doing that.
https://energyskeptic.com/2024/american ... er-plants/

EnergySkeptic, now why does that name find accord with me. This is just one of the best kept public secrets in the world today, retro energy, burning wood like before the coal revolution. What does the board think of America being used as an open-pit mine and having it's forests decimated so Europeans can keep warm in winter and charge their EVs? Of the endless fracking and pollution of water tables so Gas can be supplied to those pigs over on the other side of the pond? Personally I would have thought the better option would be to let them use conventional Russian Gas, as they were before. Oh I know all this generates some profit for some American companies but it sounds more like Banana Republic exploitation to me.

When are American's going to put their foot down and say no more! We are not going to sacrifice our nation just so Europe can keep its lights on.

Image

More from the article

$this->bbcode_second_pass_quote('', 'A')lso left out of the equation is the lost soil carbon. Clear-cutting disturbs the soil, which gets oxidized, which releases carbon that would remained stored, and a lot of it: According to the US Forest Service, soil can sequester up to twice as much carbon as the above ground forest ecosystem (Ellis 2016).

The article also doesn’t mention the energy returned on invested. Think of all the fossils used to drive logging trucks and heavy equipment to the forests, cut them down, lift entire trees with giant grappling buckets, chopped on the site for different uses (pellets, lumber), loaded and driven to the pellet factory where the wood is heated in massive drying units to get the water out, then send the wood through “a labyrinth of massive tubes and conveyors that ferry treetops, sawdust, and whole trees up to 26 inches in diameter through grinders, dryers, and presses. The resulting pellets are loaded into the contains of 27 ton transfer trucks, driven to a port, shipped to Europe, taken by truck to the European power plant, and finally up a conveyor belt for their final doom in the furnace.

Like coal and natural gas, two-thirds of the wood energy will be lost to heat, and another 10% over the electric lines. That can’t possibly be net energy positive. Or carbon neutral, since all of these transportation and industrial processes emitted CO2 long before the pellets were even burned.


It makes economic sense if you can make a dollar per ton profit, but does it really make "Sense"
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby jato0072 » Sat 06 Jul 2024, 21:05:26

$this->bbcode_second_pass_quote('', 'W')hat does the board think of America being used as an open-pit mine and having it's forests decimated so Europeans can keep warm in winter and charge their EVs?


A person here several decades ago said (paraphrase); Post peak oil, humans will burn everything we can get our hands on.

At least wood is truly renewable.

$this->bbcode_second_pass_quote('', 'W')hen are American's going to put their foot down and say no more!


We all saw what happened January 6, 2021. Globalists, not Americans, are in power.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Mon 08 Jul 2024, 19:13:38

$this->bbcode_second_pass_quote('jato0072', 'W')e all saw what happened January 6, 2021. Globalists, not Americans, are in power.


Many say that, they point to the financial takeover with the federal reserve, to America's involvement in the Euro wars. Britain whistles and the Americans jump on ships and go over to Germany to die in their droves. Greenspan knighted, what was that but an admission he was working for the Brits. No, I see the old money powers of Europe behind it, certainly all the President's are stooges. Even the most beloved, like that Actor lol. A B-grade actor? Come on, that's a big clue. They are all corrupt money grubbers, to them America is just a place to get wealthy, they don't care about the land or the people.

The same could be said for Australia to some degree but because we never insulted the reining monarchs and their wealthy elites we get a better deal. Also that and the fact that we're a redoubt in the southern hemisphere. Away from the nuclear fallout if it comes to that.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Fri 19 Jul 2024, 19:36:44

Collapse of the Green Dream? Well I woke up this morning, after a lovely dream, only to hear the sounds of builders up the road, beep beep beep from the reversing of a bobcat, the howl of a circular saw. Oh well, out to put the kettle on for a coffee. Life goes on'

The second largest Home Solar installer in the US rolled over yesterday, "SunPower" shares crashed as much as 40% on Thursday, with shares tumbling 12% lower in premarket trading to around $1.33. The Peak was $55 back in 2020 with the Biden Promise of Billions to aid this Dream. Solar Installs & Shipments Halted, a letter sent out to dealers explained as of Sept. 17, it "will no longer be supporting new leases and PPA sales, nor new project installations."

Sunrun is the Biggest Home installer and it's share price has collapsed too. Down from $96 to $17. It was actually in the single digits back in April. The share price of any company is simply a reflection of how well it's doing and these have Crashed! Home solar is one of the only sectors of the Alternate energy market with any real future. It makes sense, I have it, roughly one in three Australian households now generate electricity domestically. In South Australia, the most advanced state for rooftop solar, the proportion is nearly 50%. No other country comes close at installing small solar systems on a per capita basis.

It's a big investment though and takes 4~6 years to pay off typically. Australia is a wealthy country and we can afford this transition, at least this 'First' build-out of it. What happens in 20 years when they all need replacing is another matter entirely. (2.7%) of US homes had solar panels installed by the end of 2022, (4.96%) at the end of 2023. And now a recession and high rates, how will that effect the buildout...

Governments make big promises and then fail to deliver. It doesn't matter if the money has been 'Allocated' if it never arrives. It never arrived for EV chargers but home solar is completely different, it doesn't need government support, although down here it gets plenty I must admit. Here the government pays over 1/2. They basically pay for the panels and we pay for the inverters and install. It's a sweet deal yet many don't cash in on it. I have neighbors that have spent hundreds of thousands on reno's of old homes only to leave the roof bare of solar? Yearly power bills here can easily exceed $2000, why they don't go solar I have no idea.

Bottom line is that for the world in general high install targets are out of the question, the majority will be powering their homes on coal and nat-gas with some nuclear and hydro thrown in. And this makes a lot more sense too since economy scale makes the power cheaper up front, the power stations are good for 60~80 years with maintenance and they aren't effected by hail storms, the big killer for solar. The Green dream was just that I am afraid, a dream we are slowly waking up from.

The Dream

Image

Waking up from the Dream for many

Image

Image
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby AdamB » Fri 19 Jul 2024, 22:56:43

$this->bbcode_second_pass_quote('theluckycountry', '
')Governments make big promises and then fail to deliver.


An America President in May of 1961.
“I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth.

And then America delivered ahead of schedule.
Image

No other country has made this big a promise and delivered of course, (American exceptionalism is indeed American by its very nature), but even the descendants of prisoners of the British Empire generations later have evolved enough to make amazing machines to match the ability of their citizens to deliver results that are known the world over.

Image
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: THE Alternative Energy Thread pt 4 (merged)

Unread postby mousepad » Sat 20 Jul 2024, 08:48:22

$this->bbcode_second_pass_quote('AdamB', '
')An America President in May of 1961.


Ahhh, the good old times. When the US was top dog, the envy of the world.
Nowadays we run a $trillion budget deficit trying to fend of some negro drones in some gulf somewhere, while simultaneously being invaded and conquered by 3rd world at home. How times have changed. Crazy.

You can't be top dog forever, I guess.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Sat 20 Jul 2024, 14:11:28

Going off the US debt clock https://usdebtclock.org/

US National Debt 35 Trillion dollars
Interest on that debt 1T
But that debt is constantly rolled over and at the current rate on Bonds of 4.88% will soon balloon out. Forcing the debt curve to get steeper and steeper.

Total US debt, state, local, business and household is now 101 Trillion.
Average savings per family, $7,225
You are soooooo fucked :cry:

For AdamB: https://www.youtube.com/watch?v=B885n08hOmw
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Sun 21 Jul 2024, 04:37:20

This Is Why Electricity Costs Twice As Much In Britain As In The US

Image

https://www.zerohedge.com/political/why ... britain-us
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby derhundistlos » Mon 22 Jul 2024, 21:10:47

The President Who Wanted Us to Stop Climate Change:

If only we’d heeded the sage advice of President Jimmy Carter on renewables, consumption, and transportation (and the only honest president of my lifetime).

https://slate.com/technology/2019/09/ji ... KsZQn3gFE0
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby Shaved Monkey » Tue 23 Jul 2024, 03:12:09

$this->bbcode_second_pass_quote('theluckycountry', 'G')oing off the US debt clock https://usdebtclock.org/

US National Debt 35 Trillion dollars
Interest on that debt 1T
But that debt is constantly rolled over and at the current rate on Bonds of 4.88% will soon balloon out. Forcing the debt curve to get steeper and steeper.

Total US debt, state, local, business and household is now 101 Trillion.
Average savings per family, $7,225
You are soooooo fucked :cry:

For AdamB: https://www.youtube.com/watch?v=B885n08hOmw

its only a problem if it someone forces you to pay it back
Print your way out add a few zeros... BAU
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby Newfie » Tue 23 Jul 2024, 08:43:18

$this->bbcode_second_pass_quote('derhundistlos', 'T')he President Who Wanted Us to Stop Climate Change:

If only we’d heeded the sage advice of President Jimmy Carter on renewables, consumption, and transportation (and the only honest president of my lifetime).

https://slate.com/technology/2019/09/ji ... KsZQn3gFE0


Good guy. I voted for him twice.
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Wed 24 Jul 2024, 04:07:29

$this->bbcode_second_pass_quote('Shaved Monkey', '
')
its only a problem if it someone forces you to pay it back
Print your way out add a few zeros... BAU


That works if you can export the money inflation, which the US did for the longest time. Now the printed money is staying at home and that's what causing all the price inflation. The more money in the system, the higher prices rise. Zimbabwe.

It's been well over two decades since the US began to morph from a service economy to a Financial economy. The bulk of GDP now comes from making loans, selling insurance, derivatives, leveraging. It's why these insane companies are allowed to form borrowing hundreds of millions from banks and billions from investors. They are pointless and doomed to collapse but while they are afloat they generate money creation and money velocity in the system.

When the banks write the loans they don't care if they go bad, after all it's just created money, it doesn't mean anything. But as the money flows through the system, velocity, it gets spent and re-spent generating taxes all along the way. If a dollar is spent ten times it's taxed into oblivion, it's gone! A company like Tesla would have never got off the ground back in the 1970's because back then companies had to make a profit (what a novel concept) If they couldn't make a profit no one would touch them. Today you have banks willing to lend to anyone, because if they don't, they collapse, which is what should happen and will happen one day soon.

But until that comes they trade on, getting bailed by the FED and the taxpayer when their liabilities become too great! Then they go right back and fund money burners like Musk with twitter, the shale oil mobs, city real estate, WeWork etc. Because it's a financial economy, it's all based on that! What sort of economy comes after that I don't know but they do have Good banks and Bad banks where the assets are held. Bad banks, the majority of banks, hold all the crap, all the mortgages that will be defaulted, all the rubbish securities etc. The good banks, the insider banks hold all the good paper like farm loans and quality securities. It was the template used in the GD. All the banks closed one day, but only certain banks were allowed to reopen.

The roth and the IRA and all these pension plans are part of the financial economy. They buy the garbage no one would touch and push the price up, people see the price rising and rush in too like a bunch of lemmings. Then the pin is pulled and the price of the companies collapse and the middle classes lose again. Tesla, Bitcoin, they are all controlled by Wall Street, manipulated for profit but not for the people. A couple of weeks ago Nvidia had a market-cap over 2 Trillion dollars. It did a stock split because the shares were over $2000. They all do that. And right after the split (June 10) the price peaked and began to fall. The purpose of the split it to mask the magnitude of the fall but to the dumb public they say .. "Nvidia split its stock to make stock ownership more accessible to employees and investors,” Whenever you hear a promise like that, get your money out fast!

The big companies always say that and the share price always falls right after. I honestly don't know why the public doesn't catch on? Dumb as Dog$ht I guess. Tesla's collapse of 40% was a classic in this regard. If you have $100 in your wallet and suddenly you only have $60, well bugger! But it's not the end of the world. If you had a $million in the stock market and then you have $600k, well there goes your retirement luxuries. But be of good cheer, you have added to the GDP by making that initial purchase. You have helped make America a vibrant and thriving Financial economy.

Now as for those remaining $600k worth of shares, well according to law they are not yours, they are probably held as "street name" and in the legal name of the broker, held at a digital depository. If the broker goes belly up you're in trouble because you are at the end of a long list of beneficiaries. That's how the law states it now under the new "Financialization" rules. You can have them put in your name, it costs more, but you are still not the legal owner, even though you paid for them. Possession in nine tenths of the law remember.
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.
theluckycountry
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Re: THE Alternative Energy Thread pt 4 (merged)

Unread postby theluckycountry » Wed 24 Jul 2024, 04:18:24

The Alternate Energy and EV bubbles have popped, they were replaced by the AI bubble.

Biggest AI Drop Since ChatGPT Was Released

$this->bbcode_second_pass_quote('', 'T')he Bespoke AI Basket that's made up of 50 key AI stocks was down 5.6% over the last two days coming into Friday, which was the biggest 2-day drop since ChatGPT was released in late 2022.

Narrowing EPS growth differential

"AMZN, GOOGL, META, MSFT, and NVDA are collectively expected to grow 2024 profits by 37% compared with 5% for the median S&P 500 stock. But we have previously noted that consensus estimates of sales growth for the five stocks is forecast to slow from 22% year/year in 1Q 2024 to 17% in 2Q, and further decelerate to 16% in 3Q and 14% in 4Q
https://www.zerohedge.com/the-market-ea ... me_sidebar

Blah Blah, is the bubble popping? time will tell but it has to eventually because like the others it was all based on lies. There is no such thing as A.I. that's a Hollywood movie genera. All I see is overclocked computers using fancy algorithms that can result in accidental suicides.

$this->bbcode_second_pass_quote('', 'A')mazon has updated its Alexa voice assistant after it "challenged" a 10-year-old girl to touch a coin to the prongs of a half-inserted plug.

The suggestion came after the girl asked Alexa for a "challenge to do". "Plug in a phone charger about halfway into a wall outlet, then touch a penny to the exposed prongs," the smart speaker said. Amazon said it fixed the error as soon as the company became aware of it.
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.
theluckycountry
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