Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)

Donate Bitcoin



Donate Paypal

Page added on August 15, 2019

Bookmark and Share

Fossil Fuel Free: A Plan to Phase Out China’s ICEVs

Public Policy

The Innovation Center for Energy and Transportation (iCET), a leading U.S. and China based think tank focusing on Chinese environmental policy, published a report in May 2019 detailing the structure and feasibility of China’s ambitious goal to phase out internal combustion engine vehicles (ICEVs) in favor of new energy vehicles (NEVs) by 2050. The report is part of a larger project launched by the National Resource Defense Council (NRDC) and Energy Foundation China in partnership with the Chinese Ministry of Ecology and Environment and the National Development and Reform Commission (NDRC). The project aims to reduce China’s oil consumption and improve its energy security through the development of renewable energy alternatives.

Any Chinese domestic move away from ICEVs would reverberate across global auto and oil markets. China is the world’s largest market for vehicle supply and demand. In 2018, the country’s annual production and sales volume reached thirty million units and total ownership exceeded two hundred million units. China surpassed the United States as the world’s largest crude oil importer in 2017, and was projected to import over seventy percent of its total crude oil in 2018. Automobiles accounted for 42 percent of China’s total oil consumption and over 80 percent of its total refined oil consumption. These factors demonstrate the massive shifts the recommendations in this report would require, both within China and abroad, and the huge implications for automakers and oil exporters.

Motivations for ICEV Phase Out

The report mentions multiple motivations for China to phase out ICEVs. One factor behind this policy direction is the technological dominance China would achieve should it become a leader in an auto industry increasingly projected to embrace green technology. In recent years, companies such as Tesla and BYD have built their reputations on electric technology, and electric vehicles are expected to spike in production by 2030. As the report itself states, China has the world’s largest car market, and thus can promote changes in the global auto market through its domestic regulations. Chinese President Xi Jinping himself has stated that developing NEV capacity compliments other efforts to improve China’s industrial strength. China currently is not a dominant player in the global auto industry; thus, the country has every incentive to push new technologies and production methods while they have time to build capacity and expertise in these developing markets. In demonstrating a path forward that accounts for anticipated trends in fuel efficiency and energy availability, the iCET report provides and advocates for a roadmap for Chinese predominance in both the domestic and international auto industries. Furthermore, given the number of people in China whose livelihoods depend on automobile access, it is strategic for policymakers and politicians alike to consider the best mechanisms to become more self-sufficient in this industry.

Another reason behind the ICEV ban policy is that the anticipated decrease in fossil fuel use from NEVs would improve Chinese energy security. China’s oil demand drastically outpaces its domestic production ability. The country has been a crude oil net-importer since 1996 and has progressed from importing about two million barrels of oil per day in 2004 to over eight million per day in 2017. These trends continued in 2018 despite increasing trade tensions with the United States and Iran, demonstrating the strength of China’s oil reliance. New energy vehicles rely on non-oil resources that are more abundant domestically. Although electricity sources such as coal conflict with public health goals, China has a rich coal supply. Furthermore, Chinese investments in solar power, natural gas, hydropower, and biofuels all can help power increasingly energy efficient and non-combustive vehicle engines in a less environmentally destructive way. Given energy reliance’s adverse effects on Beijing’s pursuit of its own goals, it serves Chinese strategic interests to invest in products that use renewable energy that it can produce independently from geopolitical tides.

The final motivation for ICEV phase out is this policy’s public health and environmental benefits. Promoting NEVs is compatible with preexisting Chinese policies, such as the “Blue Sky War” – an initiative that aims to protect the environment and public health. One of the most important elements measured in the air quality index (AQI) is PM2.5, a particulate matter that originates from combustion engine exhaust and carries severe health consequences for prolonged exposure. This is particularly true among young children, the elderly, and otherwise sensitive groups. One 2018 report found that 1.6 million Chinese people die prematurely due to air pollution each year, a trend largely reflected in incidences of cancer and cardio-respiratory diseases. The combustion process also produces ground-level ozone, a compound that inhibits plant growth, leading to massive inefficiencies in China’s agricultural sector.

iCET’s Proposed Strategy

Unlike previous technological leapfrogging in China, transitioning from ICEVs will require a slower approach. Phasing out ICEVs in any country is a tremendous challenge. For China, the task is further complicated by the large disparity in economic development between its underdeveloped Western, Southern, and Northeast regions and the developed Eastern coastal region where major cities like Beijing or Shanghai, municipal governments have already begun to limit ICEV sales and encourage NEV purchases through subsidies or preferential traffic policies.

In the past, China has piloted large reforms in a handful of small regions before nation-wide implementation. To account for regional disparities in economic development and the disruption caused by transitioning from ICEVs, the report suggests the Chinese government use a multi-tiered phase-out plan. Under this proposal, cities are divided into four tiers based on economic development and severity of the region’s environmental degradation (See Figure 1). Leading the transition are tier one and two areas including cities like Beijing and Shanghai as well as capital cities like Xi’an in China’s “Blue Sky War” regions which are some of the most polluted in the country. Tier three and four areas include much of the country’s Northeast and Western regions such as Inner Mongolia, Xinjiang, and Tibet which are heavily reliant on coal and economically underdeveloped.

Table 1 ICE CHINA
Figure 1

The report also divides vehicles into five classes: public passenger vehicles; privately owned passenger vehicles; municipal service vehicles; coaches and intercity light freight vehicles; and medium and heavy freight vehicles (See Figure 2). Passenger vehicles and municipal service vehicles will transition from ICEVs first followed by medium and heavy freight vehicles and coaches. In the next two decades, ICEV use might increase as China’s hinterlands develop. However, the report predicts that ICEV withdrawal will come close to completion by 2050.

Table 2 China ICE Ban
Figure 2

Implications of ICEV Phase Out

The report’s plan carries important implications for global markets concerning both cars and the components necessary to support them. One consideration is that China’s peak oil consumption – and the world’s – will come earlier than anticipated. A study from researchers at Stanford University predicts that peak demand for conventional oil will occur in 2035, whereas less traditional liquid inputs will remain popular until 2070. Either way, both peaks will come earlier if China changes course away from ICEVs and deemphasizes one of its economy’s most petroleum-dependent sectors.

Along with this trend, the rare earth metals that comprise components for electric vehicles will increase in value should electric cars become mainstream in China. Elements such as nickel, lithium, lead, and cobalt are essential for the batteries in HEVs, PHEVs, and electric vehicles in general. Whereas economies reliant on oil sales will experience downturn, those with the raw resources for electric vehicle battery components will see a surge in activity. While these economies already are aware of these commodities’ anticipated values, this spike in value will occur sooner than projected should China advance its NEV technology according to iCET’s plan. For example, 49 percent of global lithium production in 2015 occurred in South America, positioning this market it particular to have advantages in a less oil-dependent future.

Along these lines, widespread NEV production implies that actors in Chinese industry would become more interested in economies that already have capacity to produce battery components. Therefore, China would become more interested in metal producing countries like Argentina, Chile, and the Democratic Republic of the Congo, while also deemphasizing the importance of oil exporting nations such as Russia, Iran, and Saudi Arabia in its foreign policy.

Furthermore, Chinese involvement overseas has the potential to compound the previously listed effects and broaden the plan’s applicability outside of China. Initiatives like the BRI allow China to shape not only its own development, but also that of other countries. Although China’s sheer size allows it to shape the global market regardless, its economic reach provides an even more direct mechanism to expand its export market and promote global ICEV phase out should leaders in Beijing be inclined to this report’s suggestions.

On a larger scale, the potential for Chinese ICEV phase out in favor of more sustainable alternatives speaks to the global challenge of resource scarcity heading forward. Should the suggestions in this report materialize as policy, China would be providing an example of how to avoid relying on one of the more scarcity prone elements in the global supply chain. Consequentially, if countries like the United States cannot demonstrate that their policies provide more abundant resources and a better way of life, other countries will be inclined to cooperate with China given its system’s ability to deliver.

Obstacles to Implementation

The study concludes by outlining potential risks and problems China might encounter during the transition from ICEVs to NEVs. These problems can broadly be split into three categories related to policy limitations, resource scarcity, and infrastructure inadequacy.

In terms of policy limitations, the study encourages Chinese policy makers to clearly outline a ban schedule on ICEVs by setting up a cross-province and cross-industry committee to understand domestic and international impacts of the ban. Currently, Chinese priorities for transitioning to NEVs remain unclear to both producers and regulators, leading to implementation confusion on the ground. To avoid uncertainty going forward, the report suggests that policy makers should clarify regulatory documents to clearly state goals and expectations. Additionally, the government should implement policies to provide unemployment support for ICEV employees and bankruptcy protection for ICEV companies.

The authors go on to outline several concerning resource scarcities that might impact continued development and production of NEVs. The first problem is a scarcity of rare earth metals. Currently, China’s cobalt demand accounts for more than half of the world’s total. Nickel and lithium are also identified as potentially scarce materials. The report advises Chinese leaders to open new rare earth supply chains as well as improve battery recycling utility to prevent supply disruptions.

Finally, the report acknowledges several infrastructural problems that hamper the transition from ICEVs to NEVs. China’s electric charging infrastructure is not capable of meeting the demand of daily use of electric and plug-in hybrid vehicles. This deficiency is partly due to an overall lack of charging stations across the country. In areas with charging stations, they are often inconveniently or illogically located.

Even if stations were adequately constructed, China’s power grid is currently incapable of supporting the needed energy demand. According to the NRDC, China’s peak energy load will increase by 62 percent in 2020 and 58 percent in 2030. NEV charging during peak load hours will further strain an already struggling grid. The report advises policy makers to incorporate solutions to these infrastructural problems in future NEV transition policies.

Other disruptive technologies, especially autonomous vehicles, will profoundly influence any transition plans. While the report briefly touches on such technologies, the authors are uncertain of their effect on ICEV phase out. Regardless, the iCET report offers a comprehensive plan for Chinese policy makers to follow in restructuring the world’s largest auto market.

CFR



164 Comments on "Fossil Fuel Free: A Plan to Phase Out China’s ICEVs"

  1. Peak Oil Ombudsman on Thu, 15th Aug 2019 9:15 pm 

    DavySkum thinks by ratcheting-up the ID theft and sock puppetry he can run everyone off or he thinks he can make conditions so intolerable that he will get his way.

    The trolls’ intentions are so damn obvious that it’s funny.

  2. Cloggie on Thu, 15th Aug 2019 10:58 pm 

    CNN expects Volkswagen to win the race tor the EV by 2025:

    https://edition.cnn.com/interactive/2019/08/business/electric-cars-audi-volkswagen-tesla/

    (scroll down)

    VW – 1.4 million
    Renault-Nissan – 600k
    Geely (CN) – 450k
    Tesla – 400k

    (Europe in the lead because of deep renewable energy policy)

  3. claes on Thu, 15th Aug 2019 11:46 pm 

    Davy trying to run the dialog

    Ombud says: “DavySkum thinks by ratcheting-up the ID theft and sock puppetry he can run everyone off or he thinks he can make conditions so intolerable that he will get his way.

    The trolls’ intentions are so damn obvious that it’s funny.”

    I agree completely

  4. Chrome Mags on Fri, 16th Aug 2019 2:37 am 

    Why is China capable of doing so much while the US stagnates, log-jammed by a conservative party goal of simply transferring more wealth to the wealthy?

    China has high speed trains, better airports, bigger dams, and all we get are massive deficit increases from tax cuts for the super wealthy. Is this really the best that can be done?

  5. Peak Oil Ombudsman on Fri, 16th Aug 2019 6:10 am 

    Wow, it’s now 6:09 AM and no ID theft and no sock puppets so far today. I wonder why? Hint: No Davy, but he will show up and so will the insanity.

  6. Davy on Fri, 16th Aug 2019 7:24 am 

    Yea, but you left off the night with your trolling and now start the day with it, juanpee. This is what I am recommending in regards to your behavior:

    from clog:
    “https://browserspy.dk/webserver.php
    and fill in peakoil.com, you get that the server is hosted by Cloudflare:
    https://en.wikipedia.org/wiki/Cloudflare
    Cloudflare is one of the last bastions of free speech, under lefties also known as “hate speech”. It is very sad that the admin of this site doesn’t seem to want to take the trouble to log in to his server dashboard and active a few presets, enforcing posters to post under a unique username/password combination. That doesn’t eliminate garbage under fake identities, but at least it stops identity theft and that would make a hell of a difference. If possible, you could also enforce that one IP-address can only post under a single identity. Please admin, invest an hour of your time to get this right.”

  7. Davy on Fri, 16th Aug 2019 7:25 am 

    “The Battle Of The ‘Flations Has Begun”
    https://tinyurl.com/yx9rvgnf tom lugono via zero hedge

    “Inflation? Deflation? Stagflation? Consecutively? Concurrently?… or from a great height (apologies to Tom Stoppard). We’ve reached a pivotal moment where all of the narratives of what is actually happening have come together. And it feels confusing. But it really isn’t. The central banks have run out of room to battle deflation. QE, ZIRP, NIRP, OMT, TARGET2, QT, ZOMG, BBQSauce! It all amounts to the same thing.”

  8. Davy on Fri, 16th Aug 2019 7:26 am 

    “According To The Feds, 19 Million Acres Of Farmland Went Un-Planted With Crops This Year”
    https://tinyurl.com/yy8ghpqs end of American dream via zero hedge

    Agricultural producers reported they were not able to plant crops on more than 19.4 million acres in 2019, according to a new report released by the U.S. Department of Agriculture (USDA). This marks the most prevented plant acres reported since USDA’s Farm Service Agency (FSA) began releasing the report in 2007 and 17.49 million acres more than reported at this time last year. So this is the largest number that the USDA has ever reported for a single year, and it is nearly 17.5 million acres greater than last year’s final tally of less than 2 million acres.

    Of course the 19.4 million acres that were not planted are only part of the story. Most farmers were able to get seeds in the ground despite the challenging conditions, but in much of the country the crops are not in good shape. In fact, according to the latest crop progress report only 57 percent of the corn is considered to be in “good” or “excellent” shape. Unfortunately, the nation’s soybean crop is in even worse shape. At this point, only 54 percent of the soybeans are in “good” or “excellent” shape. In addition, only 8 percent of the U.S. spring wheat crop has been harvested so far. That is “sharply below the 30% five-year average”.

    The US and China have both been hit hard with agricultural problems. This does not mean we are in trouble this year but it does mean carry over stocks will be light. If next year brings more global issues we are setting the world up for food inflation and or food crisis. This could be high prices but also shortages. Next year will be the key period.

  9. Davy on Fri, 16th Aug 2019 7:26 am 

    “The Great Switch Is Underway”
    https://tinyurl.com/yxg8ffjg strategic culture via zero hedge

    “What may have initiated as an Art of the Deal strategy has evolved over time from ‘great-power rivalry’, into unabashed new ‘Cold War’…The other, wider factor, accounting for this sense of a world in metamorphose precisely is the western cultural implosion, or ‘Great Switch’ (as the founder of the Rousseau Institute terms it). So little time ago, the western liberal, cultural and economic vision was at its apogee. It seemed inevitable. It seemed irrefutable. It stood as the western centre of gravity. But as President Putin recently observed, (so few years later), liberalism and the European so-called Enlightenment is viewed as ‘obsolete’ by much of the world. This quite sudden Great Shift has left the Liberal camp – that was partying ‘on top of the World’ – distraught, angry and apprehensive. In the polarised US and the UK, the antagonisms are causing people to eat each other alive. The ‘civil war’ within the western paradigm allows other (non-western) states new space to find their own path.”

    “We are indeed at a point of inflection. Some westerners may muse that the status quo ante is somehow recoverable (if only Trump is gone, and the ‘populists’ contained). That is delusional. The external world is transforming. China, Russia and Asia will replace US hegemony – not with another hegemony – but with a loose coalition of states espousing a different values and civilizational model…And the status quo ante will not be available even domestically in the West. For, the western party political system itself is in irreversible transformation, too. Western politicians of all spectra are trying to adjust to a public life in which the old world is still around, whilst the new one is only emerging. The post-war party political system of family and community ties to either Centre-Left and Centre Right (with not a great difference between the two) is dying in western democracies.”

    “But, as the preoccupations of the élite, metropolitan consciousness have turned to more specific ‘disadvantaged’ groups – ethnic minorities, women, and gender non-conformists – the less likely it is that they will give any regard or understanding to the everyday impact of failed mass immigration and multiculturism on the majority (the ‘Sixty-Percent’). And so the polarisation grows, with each group retreating into its enclave. And the Centre Parties wane, in line with a shrinking, economically-struggling Middle Class. Three major political forces are gathering strength in this political environment where global warming (for the former Centrists), and immigration (for the sixty per centers) are the new defining issues. Nationalist right-wing parties, once marginal, are now a structural element of Europe’s political landscapes. The Centre is struggling everywhere, and the third force is becoming the Green movement. Its spectacular rise – as voters reject the traditional parties and press their leaders on the urgency to act against climate change – is mostly attributable to a mobilisation of the young. It is this cloistered élite ‘blind spot’ of discounting the adverse effects of globalisation on the ‘Sixty-Percenters’, in favour of pursuing their ephemeral identity preoccupations, that has become toxic for what remains of the old working class. Daley suggests this blind spot “probably cost Hillary Clinton the presidency: women in the depressed rust belt states were not worried about “glass ceilings”, they were worried about putting food on the table and whether their men would ever work again. What happened next? They voted, as the angry and disenfranchised are inclined to do, for a demagogue who did not regard them with contempt, and who gave voice to their frustration”. The status quo ante is no longer available – even domestically – in the West, let alone externally. The Great Switch is underway. Society has lost its cultural centre of gravity. The old way of life is fading, and is close to extinction.”

  10. Davy on Fri, 16th Aug 2019 7:26 am 

    “Zero Has No Meaning” Says Greenspan”
    https://tinyurl.com/y5cyl9ct rice farmer
    I Disagree, So Does Gold Alan Greenspan is wrong. Zero is very meaningful with negative being even more meaningful. It means central banks have hit a brick wall. They cannot cram any more debt into the system. There is no tolerance for paying interest.

  11. Davy on Fri, 16th Aug 2019 7:27 am 

    “The Biggest Hurdle In The Race To 100% Renewable Energy”
    https://tinyurl.com/y3mnb65j oil price via rice farmer

    “Although the energy storage industry is already in full swing and expanding rapidly, however, the United States (or any other country, for that matter) will not be able to achieve an energy mix with 100 percent renewables unless energy storage becomes considerably less expensive. As of now, it is simply too cost-prohibitive to install enough energy storage to absorb all of the supply fluctuations a renewable-powered grid may have. This has let an MIT research lab to look into the question: “How cheap is cheap enough?” The study, entitled “Storage Requirements and Costs of Shaping Renewable Energy Toward Grid Decarbonization“ determined that, in short, energy storage will have to cost $20 per kilowatt hour in energy capacity or cheaper in order for a 100 percent renewable future to be realistic in the United States. As Vox points out, “that’s around a 90 percent drop from today’s costs.” The article goes on to say that, “while that is entirely within the realm of the possible, there is wide disagreement over when it might happen; few expect it by 2030.”

  12. Davy on Fri, 16th Aug 2019 7:27 am 

    “Fracking Boom in U.S. and Canada Largely to Blame for Global Methane Spike, Study Finds”
    https://tinyurl.com/yyljm57e eco watch via rice farmer

  13. Davy on Fri, 16th Aug 2019 7:27 am 

    “China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops”
    https://tinyurl.com/y6mgepx6 bloomberg

    “China, which stopped purchasing American soybeans as the spat with the U.S. deepens, has turned to South America instead. While Brazil has so far been able to meet China’s demands, inventories are now dwindling and Beijing is at risk of not being able to fulfill its needs. Adding to supply woes is Argentina, where farmers are withholding soy harvests to hedge against a depreciation in the currency because of elections there.”

  14. Davy on Fri, 16th Aug 2019 7:28 am 

    Painting of Bill Clinton in blue dress and heels was inside Jeffrey Epstein’s NYC mansion: report
    A large painting of former President Bill Clinton wearing a blue dress similar to that of Monica Lewinsky’s and red heels was found hanging in the New York City mansion of disgraced financier Jeffrey Epstein, who recently died in an apparent suicide, according to several reports.

    The King of liberalism looks like a slut. LOL.

  15. Davy on Fri, 16th Aug 2019 7:28 am 

    “Renewable Hydrogen Launches Sneak Attack On Natural Gas”
    https://tinyurl.com/yy7zs6tx clean technica

    “Renewable Hydrogen Is Nudging Fossil Gas Aside Somewhat ironically, the main source for hydrogen currently is natural gas. Renewable alternatives are beginning to emerge, though. One pathway is to use biogas instead of fossil gas. Another is to “split” hydrogen from water using an electrical current powered with wind, solar, or other renewables. Water splitting, aka power-to-gas, is beginning to take hold globally and that’s the basis for the new California project. The work pairs Southern California Gas Co. (aka SoCalGas) and German power-to-gas specialist Electrochaea in something called biomethanation. That’s fancyspeak for a complex process that starts with generating renewable energy — in this case, solar power — and using it to split hydrogen gas from water. The next step is where things get tricky. The hydrogen is doped with carbon dioxide and sent to a bioreactor stocked with water-dwelling microorganisms. They produce methane by digesting the tasty gas combo. If that rings a bell, you may be thinking of similar systems that deploy tiny creatures to generate methane and other renewable fuels. The new system has already had a trial run in Europe, where it demonstrated an efficiency rate of 50%-60%. The aim now is to bump up its performance to achieve commercial viability while taking into account the intermittent nature of solar power.”

  16. troll that bitch on Fri, 16th Aug 2019 7:29 am 

    Juanpee, as you can see I presented content something your low IQ mind is incapable of mainly because you are mentally ill.

  17. Cloggie on Fri, 16th Aug 2019 7:41 am 

    “The Biggest Hurdle In The Race To 100% Renewable Energy”

    The cheapest way in 2019 to generate a kWh of energy is via solar or wind. Not fossil.

    However, with fossil, energy=storage.
    This is not the case with wind or solar. Once cheap storage has been achieved, renewable energy has won, till Kingdom comes. Unless they get fusion to work, which they will, in 50 years time.lol (please send more money).

    According to the industry, $50/kWk battery storage cost can be expected by 2025:

    https://deepresource.wordpress.com/2018/12/15/battery-storage-cost-less-than-50-kwh/

    There are however many forms of storage, some potentially cheaper than batteries. Hydrogen is a promissing candidate.

    Something will come out from the world-wide quest for the storage Holy Grail.

  18. Majed on Fri, 16th Aug 2019 9:47 am 

    Renewable Energy and EV will evolve slowly till peak oil supply happens then transition will accelerate.

  19. troll that bitch on Fri, 16th Aug 2019 10:19 am 

    IMA juanpee. Notice how all my zero hedge copy and pastes have nothing at all to do with China’s plans to phase out icevs? That’s cause the topic upsets my widdle feelings. China bad. Real bad. USA good.

  20. Davy on Fri, 16th Aug 2019 10:30 am 

    My low IQ mind is incapable of providing on topic content about subjects I don’t like cause I’m mentally ill.
    I got nothin to add but off topic copy and paste nonsense spam. Did I mention how much I adore spam? I think I might of.

  21. joe on Fri, 16th Aug 2019 11:18 am 

    Imho, the night Obama roasted Trump in 2011 because of the birther thing the liberal world signed its death warrant. Trump is taking a sledge hammer to all the pillars of the liberal world and could care less about the elites. Why should whites support the liberal world if it means just recreating south Africa (black rule over whites) in the west. F×wk that. Some folks would rather be dead…..
    Just saying……

  22. Duncan Idaho on Fri, 16th Aug 2019 11:45 am 

    Something will come out from the world-wide quest for the storage Holy Grail.

    Lithium ion was first commercialized in the early 1990’s.
    They have improved the performance, but same technology.
    It has been a while.
    I’m waiting.

  23. I AM THE MOB on Fri, 16th Aug 2019 12:48 pm 

    Something will come if I repeat it enough and wish upon a star.

    Energy can’t be created nor destroyed.

    What you are wishing clogg is for a computer to produce a ham sandwich.

    LOL

  24. Davy on Fri, 16th Aug 2019 12:57 pm 

    “El-Erian Admits The Era Of “De-Globalization” Is Here”
    https://tinyurl.com/yxkx5evj zero hedge

    “Finally an economic analyst gets prime-time media pundits to listen as he describes the fundamental difference between the U.S. “Economy” (Main Street) and the U.S. “Markets” (Wall Street). Charles Payne understands most of this, but El-Erian has it nailed. Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where deglobalization is taking place. The U.S. economy is strong; however, the multinationals on Wall Street -invested overseas- are exposed. Thus there’s a disconnect and accompanying market volatility…There is nothing that China and the EU can do to stop the de-globalization process; and efforts to stimulate their economy, more quantitative easing (pumping money) while the global supply chains are being shifted, are futile. The more a nations’ economy is dependent on exports, the more exposure they have to the inherent downsides of de-globalization. U.S. companies that are invested in these nations will lose their investment over time; some rapidly. This will keep the stock market volatile, yet the Main Street USA economy is thriving. President Trump has purposefully stalled the process of globalization, and is resetting global supply chains. This is bringing massive amounts of wealth back into the United States. In essence Trump is engaged in a process of: (a) repatriating wealth (trade policy); (b) blocking exfiltration (main street policy); (c) creating new and modern economic alliances based on reciprocity (bilateral deals); and (d) dismantling the post WWII Marshall plan of global trade and one-way tariffs (de-globalization).”

  25. Davy on Fri, 16th Aug 2019 12:57 pm 

    “If There’s a Recession, It Will Be Made in China”
    https://tinyurl.com/y4td7vt8 bloomberg

    “The country’s integration into the world economy drove three decades of growth. That’s over…Thus when China sneezes, to modify an old saying, the world may now catch a cold. From 2010 to 2017, China contributed 31% of global consumption growth, and some companies have staked their futures on the promise of a billion Chinese consumers buying their products. A drop in Chinese purchases won’t just reduce sales for businesses in the U.S. and other rich countries — it will cause multinationals to cut their investment plans. There are several things threatening China’s growth. The most obvious is the trade war. The one-two punch of U.S. tariffs and restrictions on exports to Chinese technology companies appears to have made Chinese manufacturers more cautious about investing for the future”

  26. Robert Inget on Fri, 16th Aug 2019 1:47 pm 

    Denmark Offers to Buy U.S.
    “We believe that by giving the U.S. an educational system and national health care, it could be transformed from a vast land mass into a great nation,” a spokesperson for Denmark said.
    By Andy Borowitz

  27. Outcast_Searcher on Fri, 16th Aug 2019 2:11 pm 

    So in three decades, ICE’s might be banned in parts of China.

    Well, let’s all panic or even be surprised.

    Meanwhile, in the real world, HEV’s count as EV’s, and EV’s will make a LOT of market penetration in 3 decades.

    The only story here is that the date is so late.

  28. Theedrich on Fri, 16th Aug 2019 2:24 pm 

    Western elites want the death of life on earth.  They are convinced materialists who believe that the appearance of life on this or any other planet was not only an utterly meaningless accident, but a kind of grotesque cosmic mistake.  (Their usual argument is something like “If there were a God, I would not have toe fungus.”)  As a logical consequence, their subconscious-driven actions and words are aimed at global genosuicide.  Whence their promulgation of permissiveness in the face of deadly narcotics;  their compulsive, anti-evolutionary push to miscegenate lower with higher races;  and their antagonism toward traditional Western religion (albeit with a welcoming attitude toward primitive ideologies that use mass slaughter to spread their fecal faith.)

    Behind the mask of “seeking to make the world a better place,” the elites design and implement strategies of cataclysmic destruction in order to achieve wealth and power.  “Democracy,” especially of the western European sort, is one such strategy.  Importation of barely human “refugees” and international crime organizations from outhouselands is another.  The use of contrived “compassion” and “sympathy” is a widely used ploy to cover up the elites’ true motives.

    The pretense of abolishing the internal combustion engine and eliminating fossil fuels is also employed as a tool for advertizing their sanctimony.  Likewise their pretended commitment to helping global ecology.  At the level of American federal politics, the fog of hypocrisy is so thick it obscures all rational thought.

    The end result of it all, combined with the explosion of negritude fed by globalist “humanitarianism,” is extinction of the human and all other higher life forms.  The planet is failing as a divine project to produce intelligent life.

  29. Cloggie on Fri, 16th Aug 2019 3:16 pm 

    Greenland to have a skyline soon:

    https://i.dailymail.co.uk/1s/2019/08/16/15/17355364-7363805-image-a-15_1565967208943.jpg

  30. Davy on Fri, 16th Aug 2019 4:59 pm 

    Thee-

    Just a fast fyi I’m feelin’ a strong humper pumper #9 red alert if you want to hook-up.

    Imagine the beautiful little monsters we could create together in the merging of our seed.

  31. Today's Juanpee troll activity on Fri, 16th Aug 2019 6:07 pm 

    Troll Buster on Fri, 16th Aug 2019 8:07 am
    All in favor of banning demented Davy, say aye, or yes, or ya. or +1.
    Voting is a sacred and honored duty. and so is voting to ban confrontational dumbass’s with nothing to say.
    troll that bitch on Fri, 16th Aug 2019 10:19 am
    IMA juanpee. Notice how all my zero hedge copy and pastes have nothing at all to do with China’s plans to phase out icevs? That’s cause the topic upsets my widdle feelings. China bad. Real bad. USA good.
    Davy on Fri, 16th Aug 2019 10:30 am
    My low IQ mind is incapable of providing on topic content about subjects I don’t like cause I’m mentally ill.I got nothin to add but off topic copy and paste nonsense spam. Did I mention how much I adore spam? I think I might of.
    Davy on Fri, 16th Aug 2019 4:59 pm
    Thee-Just a fast fyi I’m feelin’ a strong humper pumper #9 red alert if you want to hook-up.
    Imagine the beautiful little monsters we could create together in the merging of our seed.

  32. Troll Buster on Fri, 16th Aug 2019 6:10 pm 

    from clog:
    “https://browserspy.dk/webserver.php
    and fill in peakoil.com, you get that the server is hosted by Cloudflare:
    https://en.wikipedia.org/wiki/Cloudflare
    Cloudflare is one of the last bastions of free speech, under lefties also known as “hate speech”. It is very sad that the admin of this site doesn’t seem to want to take the trouble to log in to his server dashboard and active a few presets, enforcing posters to post under a unique username/password combination. That doesn’t eliminate garbage under fake identities, but at least it stops identity theft and that would make a hell of a difference. If possible, you could also enforce that one IP-address can only post under a single identity. Please admin, invest an hour of your time to get this right.”

  33. Davy on Fri, 16th Aug 2019 6:22 pm 

    “Rand Paul: “Left Wing Mob Wishes I Was Dead”
    https://tinyurl.com/yygkhl3b summit news via zero hedge

    “Who are these people?” In a rare interview regarding his health, Senator Rand Paul told Fox News that he is still recovering from being violently attacked by a mentally disturbed neighbor two years ago, but that one of the most disturbing aspects of the incident is the continued hatred being directed his way by a ‘left wing mob’. “[O]ne of the disturbing things, though, is to see that there’s still so much hatred out there. We announced that I was having surgery and thousands of people on Twitter are swarming to wish … that I had either died or that someone would assault me again,” Paul urged. “This is supposed to be a right-wing phenomenon, but I see thousands of people on Twitter, this left-wing mob wishing that I were dead, and I’m like, ‘Who are these people?” he added. The Senator also noted that actor Tom Arnold was one of the people who wished someone would assault Paul again, in a tweet that was retweeted by Rep. Ilhan Omar (D-MN). Congresswoman Ilhan Omar retweeting calls for political violence against @randpaul. I’m not surprised, and look forward to the forthcoming silence from the media on the issue. pic.twitter.com/r9BQloVoL9 — Donald Trump Jr. (@DonaldJTrumpJr) July 29, 2019 A similar tweet was sent out by ‘singer’ Bette Midler. Elsewhere during the interview, Paul criticized his attacker’s 30-day prison sentence, saying that it was on a par with a punishment for “shoplifting.” “Thirty days is kind of what you’d give a shoplifting person, or a very, very minor crime,” he stated. Paul is a Libertarian, and is known for being fiscally conservative. He is not a populist. Although he agrees with the president on some issues, he certainly cannot be compared to Trump. Indeed, Paul often brings up points of contention with Trump. Broadly speaking, much like his father, Paul is a much respected family man of values and principles, which form his politics. But still, Paul has been continuously subjected to the most vile threats and hate from leftists. This only goes to show how twisted this group really are.”

  34. Davy on Fri, 16th Aug 2019 6:24 pm 

    Who cares about cloggo TB. This is from me:

    “I am spending less time on this lame unmoderated forum to concentrate on my own blog.”

  35. Davy on Fri, 16th Aug 2019 6:29 pm 

    “CIVIL WAR 2 in America – WHO WILL WIN? An In-Depth Analysis”
    https://m.youtube.com/watch?v=aJh7Ye1Qvc8 you tube

    It’s not looking good for us liberals…..

  36. Davy on Fri, 16th Aug 2019 6:45 pm 

    Also from me.

    “I’m such the liar, liar that my panties are on fire.”

    “I am spending less time on this lame unmoderated forum to concentrate on my own blog.”

  37. Davy on Fri, 16th Aug 2019 6:49 pm 

    “I am spending less time on this lame unmoderated forum to concentrate on my own blog.”

    In case anybody is wondering where I pulled this quote from, I have provided the full text below from my original post of 10 June 2019:

    “Excluding my ID Theft and Sock Puppetry, I am spending less time on this lame unmoderated forum to concentrate on my own blog. I do want to thank all those who have attacked me with giving me material for growth. I have saved the best of my comments for my new blog. I have years worth of material. I have enjoyed moderating the worst of you and neutering your selfish useless agendas. I will still be here it is just I will be spending more time putting out a blog. I don’t expect much of a following with my blog. This is more a personal effort to assemble what I have learned over the last 10 years of formulating my REAL Green Deep Adaptation. Many of my ideas and lifestyles are not mine. I do not claim anything either. For the stalkers here I hope you find my blog and visit the comment forum. It will be only lightly moderated to prevent juanpee identity theft and excessive cloggo spamming. LOL. There will be a prize for juanpee and annoymouse if you can stalk my blog. Double LOL. Anyway fuck my enemies and many thanks to those who contributed to my metamorphous.”

    “I guess I could have joined the moderated section at PO dot com, but I knew I’d get my ass permanently banned. I’ll try not to let the door smack me up the backside on the way out.”

    “Goodbye to ALL of you dumbasses.”

  38. Davy on Fri, 16th Aug 2019 6:51 pm 

    also from clogg:

    “Davy, you need to first clean-up your own disgusting act of regular ID theft and sock puppets before you are in any position to criticize others.”

    You are so right, clogg.

  39. Troll Buster aka Davy on Fri, 16th Aug 2019 6:52 pm 

    Sorry, guys, but I forgot to use my sock.

    also from clogg:

    “Davy, you need to first clean-up your own disgusting act of regular ID theft and sock puppets before you are in any position to criticize others.”

    You are so right, clogg.

  40. JuanP identity fraud on Fri, 16th Aug 2019 6:59 pm 

    Troll Buster aka Davy said Sorry, guys, but I forgot to use my sock. also fro…
    Davy said also from clogg: “Davy, you need to first cl…
    Davy said “I am spending less time on this lame unmode…
    Davy said Also from me. “I’m such the liar, lia..
    Davy said “CIVIL WAR 2 in America – WHO WILL WIN? An I

  41. Duncan Idaho on Fri, 16th Aug 2019 7:02 pm 

    1960 — Russia: Francis Gary Powers convicted of spying by USSR in the U-2 incident, overflying the country in a special plane designed for just that purpose.

  42. JuanP on Fri, 16th Aug 2019 7:04 pm 

    Duncan, you have a comment? or was that it?

  43. Famlin on Fri, 16th Aug 2019 7:13 pm 

    If USA consumes 20 million b/d of oil, then China will consume 90 million b/d with their population being 4.5 times that of USA.

    Then these 2 countries will consume 110 million b/d while the World can supply only 100 million b/d. Knowing this problem ahead, China made elaborate plans to move the transport from oil to electricity and they already have 2 million of the Worlds 6 million plugin vehicles.

    No worries about Lithium which is the worlds 5th largest abundant metal. Besides not all vehicles will become plugin. Just those which ply more distance every day like buses, trucks, taxis and then the vehicles used by business people who drive more.

    All others will be driving plugin hybrids which will go 50 km on battery. This is enough to cover 50 – 100 % of driving for most of us and for long distance they will use gasoline engine.

    And China also has 6 million NGVs (natural gas vehicles), besides 10% of the fuel consumed is Methanol which is derived from Coal/Natgas. Methanol is blended into gasoline and sold as M15 just like E10, E15 in USA.

    China is also prepping plans for nationwide rollout of E10 Ethanol. All this is meant to reduce their reliance on oil.

  44. Famlin on Fri, 16th Aug 2019 7:15 pm 

    “Automobiles accounted for 42 percent of China’s total oil consumption and over 80 percent of its total refined oil consumption. ”

    As per bp stats, 64% of the oil is refined into light & middle distillates which are used for transport. So it is not 42% as written in this article.

    Worldwide
    32.7% – Light distillates (aviation and motor gasolines and light distillate feedstock)
    36.1% – Middle distillates (jet and heating kerosenes, and gas and diesel oils including marine bunkers)
    7.3% – Fuel oil (marine bunkers and crude oil used directly as fuel)
    23.9% – Others (refinery gas, liquefied petroleum gas (LPG), solvents, petroleum coke, lubricants, bitumen, wax, other refined products and refinery fuel and loss)

  45. I AM THE MOB on Fri, 16th Aug 2019 7:25 pm 

    Clogg and Davy after reading their daily click bait from ZeroIQ and Daily mail.

    https://imgur.com/a/spT6nwM

  46. Famlin on Fri, 16th Aug 2019 7:26 pm 

    Electric vehicle does not always mean a $40,000 vehicle like Tesla Model-3.

    In china, mostly its the low speed electric vehicle which could help someone do the daily commute and sold at a much lower cost.

    Sales in 2018
    45.42 million: total
    32.78 million: 2 wheelers
    10.23 million: 3 wheelers
    2.41 million: 4 wheelers

    https://finance.yahoo.com/news/china-low-speed-electric-vehicle-204500133.html

  47. Anonymouse on Fri, 16th Aug 2019 7:30 pm 

    You do realize ‘lithium’ is not an energy source right? Or maybe you do not. So in the end, it really does not really matter how ‘abundant lithium is, or is not. China, and the world have about run out of rivers to damn to produce actual you know, electricity. Burning coal to produce electricity is kind of dumb too, and is also being depleted at eye-water volumes, but that is how we roll, so, that will keep being burnt until it becomes too scarce or low-quality enough to not be viable. Oh, and when that happen, you can kiss most forms of steel and other metals goodbye too, since you kind of need coal to make the metals that make things like EVs, wind-turbines and solar panels.

  48. Davy on Fri, 16th Aug 2019 7:40 pm 

    Shutup annoy stupid. This is my board and I hate it when people make REAL Contributions to discussing the topic of the artical presented. Unless I say so than it’s OK.

    dumbass

  49. Timothy Blaine on Fri, 16th Aug 2019 8:24 pm 

    Duncan-

    I hope you now realize that “Davy” is playing JuanP in a desperate bid to upset everyone so he can get his way.

    Don’t fall into his trap by responding.

  50. I AM THE MOB on Fri, 16th Aug 2019 8:41 pm 

    Many European citizens do not believe in EU institutions

    https://global-press.ca/eurobarometer-many-european-citizens-do-not-believe-in-eu-institutions-but-the-number-of-eurosceptics-decreases/

    civil war part 3

1 2 3 4

Leave a Reply

Your email address will not be published. Required fields are marked *