The world’s economic myths are hitting limits

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There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests that the transition to a new Green Economy is not progressing as well as hoped. Green energy planners have missed the point that our physics-based economy favors low-cost producers. In fact, the US and EU may not be far from an economic downturn because subsidized green approaches are not truly low-cost.

[1] The Chinese people have long believed that the safest place to store savings is in empty condominium apartments, but this approach is no longer working.

The focus on ownership of condominium homes is beginning to unwind, with huge repercussions for the Chinese economy. In March, new home prices in China declined by 2.2%, compared to a year earlier. Property sales fell by 20.5% in the first quarter of 2024 compared to the same period a year ago, and new construction starts measured by floor area fell by 27.8%. Overall property investment in China fell by 9.5% in the first quarter of 2024. No one is expecting a fast rebound. The Chinese seem to be shifting their workforce from construction to manufacturing, but this creates different issues for the world economy, which I describe in Section [6].

[2] We have been told that Electric Vehicles (EVs) are the way of the future, but the rate of growth is slowing.

In the US, the rate of growth was only 3.3% in the first quarter of 2024, compared to 47% one year ago. Tesla has made headlines, saying that it is laying off 10% of its staff. It also recently reported that it is delaying deliveries of its cybertruck. A big issue is the high prices of EVs; another is the lack of charging infrastructure. If EV sales are to truly expand, they will need both lower prices and much better charging infrastructure.

[3] Many people have assumed that home solar panel sales would rise forever, but now US home solar panel sales are shrinking.

A forecast made by the trade group Solar Energy Industries Association and consulting firm Wood Mackenzie indicates that US solar panel installations by homeowners are expected to fall by 13% in 2024. There are many issues involved: higher interest rates, less generous subsidies to homeowners, not enough grid capacity for new generation, and too much overproduction of electricity by solar panels in the spring and fall, when heating and air conditioning demand is low. The overproduction issue is particularly acute in California.

For each individual 24-hour day, the timing of solar energy production does not match up well with when it is needed. With sufficient batteries, solar electricity produced in the morning can help run air conditioners in the evening. But storage from summer to winter is still not feasible, and batteries for short-term storage are expensive.

[4] It is a myth that wind and solar truly add to electricity supplies for the US and the countries in the EU. Instead, their pricing seems to lead to tighter electricity supplies.

Strangely enough, in the US and the EU, when wind and solar are added to the electric grid, electricity supplies seem to get tighter. For example, one article says, Most of US electric grid faces risk of resource shortfall through 2027, NERC [regulatory group] says.

Charts of electricity supply per capita show an unusual trend when wind and solar are added. Figure 1 shows that, in the US, once wind and solar are added, total electricity generation per capita falls, rather than rises!

Figure 1. US per capita electricity generation based on data of the US Energy Information Administration. (Data is through 2023, even though this is not easy to see from the labels.)

The EU, using a somewhat shorter history period, shows a similar pattern of declining total electricity generation per capita, even when wind and solar are added (Figure 2).

Figure 2. Electricity generation per capita for the European Union based on data of the 2023 Statistical Review of World Energy, prepared by the Energy Institute. Amounts are through 2022.

I believe that the strange pricing systems used for wind and solar in the US and EU are driving out other electricity suppliers, especially nuclear. With this system, intermittent electricity enjoys the subsidy of going first at the regular wholesale market rate. Other providers find themselves with very low or negative wholesale rates in the spring and fall of the year and on weekends and holidays. As a result, their overall return falls too low. Nuclear is particularly affected because it requires a huge, fixed investment, and it cannot be ramped up and down easily.

Besides the foregoing issues affecting the supply of electricity generated, there are also factors affecting the demand for electricity. Electricity generation using wind and solar tends to be high priced when all costs are included. The US and EU are already high-cost areas for businesses to operate. High electricity rates further add to the impetus to move manufacturing and other industry to lower-cost countries if businesses desire to be competitive in the world market.

    On a world basis, in 2022, wind and solar added about 13% to total world electricity generation (Figure 3).


    Figure 3. Electricity generation per capita for the World based on data of the 2023 Statistical Review of World Energy, prepared by the Energy Institute. Amounts are through 2022.

    Based on Figure 3, with the addition of wind and solar, the upward slope of the world per capita electricity generation has been able to remain pretty much constant from 1985 to 2022, at about 1.6% per year. But the US and the EU, as high-cost producers of goods and services, haven’t been able to participate in this per capita growth of electricity.

    Instead, China has been a major beneficiary of the shift of manufacturing overseas from the US and EU. It has been able to rapidly increase its electricity supply per capita, even with wind and solar. It has also been adding both nuclear and coal-fired electricity generation capacity.

    Figure 4. Electricity generation per capita for China based on data of the 2023 Statistical Review of World Energy, prepared by the Energy Institute. Amounts are through 2022.

    Thus, this analysis produces the result a person would expect if the physics of the world economy favors efficient (low-cost) producers.

    [5] It is a myth that the US and EU can greatly ramp up the use of EVs or greatly increase the use of Artificial Intelligence (AI) without relying on fossil fuels.

    Both EV production and AI are heavy users of electricity supply. We have seen that the US and the EU no longer have growing per-capita electricity supplies. Ramping up electricity generation would require a long lead time (10 years or more), a major increase in fossil fuel consumption, and an increase in electricity transmission lines.

    The State of Georgia, in the United States, is already running into this issue, with planned data centers (related to AI) and EV manufacturing plants. The state plans to add new gas-fired electricity generation. It will also import more electricity from Mississippi Power, where the retirement of a coal-fired plant is being delayed to provide the necessary additional electricity. Eventually, more solar panels are planned, as well.

    [6] It is a myth that the world economy can continue as usual, whatever happens to energy supply and growing debt. China’s homebuilding problems could, in theory, lead to debt bubbles crashing around the world.

    The world economy depends upon a growing bubble of debt. It also depends on an ever-increasing supply of goods and services. In fact, the two are closely interrelated. As long as a growing supply of low-priced energy of the types used by built infrastructure is available, the economy tends to sail along.

    China, with problems in its property business, is an example of what can go wrong when energy supplies (coal in China) become expensive, as supply becomes increasingly constrained. Figure 5 shows that China’s per-capita coal supply became constrained in about 2013. China’s per capita coal extraction had been rising, but then it dipped. This made it more difficult for builders to construct the homes planned for would-be homeowners. This is part of what got home builders in China into financial difficulty.

    Figure 5. Per capita coal supply in China based on data of the 2023 Statistical Review of World Energy, prepared by the Energy Institute. Amounts are through 2022.

    Finally, in 2022, China was able to get coal production up. But the way this was done was through very high coal prices (Figure 6). (The prices shown are for Australian coal, but Chinese coal prices seem to be similar.)

    Figure 6. Newcastle Coal (Australia) prices in chart prepared by Trading Economics.

    Building concrete homes at such high coal prices would have resulted in new homes that were far too expensive for most Chinese citizens to afford. If builders were not already in difficulty from low supply, adding high coal prices, as well, would be a second blow. Furthermore, all the workers formerly engaged in home building needed new places to earn a living; the current approach seems to be to move many of these workers to manufacturing, so that the popping of the home building bubble will have less of an impact on the overall economy of China.

    There is now concern that China is ramping up its manufacturing, particularly for exports, at a time when China’s jobs in the property sector are disappearing. The problem, however, is that ramping up exports of manufactured goods creates a new bubble. This huge added supply of manufactured goods can only be sold at low prices. This new low-priced competition seems likely to lead to manufacturers, around the world, obtaining too-low prices for their manufactured products.

    If other economies around the world are forced to compete with even lower-cost goods from China, it could have an adverse impact on manufacturing around the world. With low prices, manufacturers are likely to lay off workers, or give them excessively low wages. If wages and prices are inadequate, debt bubbles in other parts of the world are likely to collapse. This will happen because many borrowers will become unable to repay their debt. This is the reason that we have been hearing a great deal recently about raising tariffs on Chinese exports.

    [7] The world’s biggest myth is that the world economy can continue to grow forever.

    I have pointed out previously that based on physics considerations, economies cannot be expected to be permanent structures. Economies and humans are both self-organizing systems that grow. Humans get their energy from food. Economies are powered by the types of energy products that our built infrastructure uses. Neither can grow forever. Neither can get along without energy products of the right types, in the right quantities.

    We become so accustomed to the narratives we hear that we tend to assume that what we are told must be right. These narratives could be based on wishful thinking, or on inadequate models, or on a sour grapes view that says, “We don’t want fossil fuels anyhow.” We know that humans need food, and that economies will continue to require fossil fuels. We can’t make wind turbines or solar panels without fossil fuels. What do we plan to do for energy without fossil fuels?

    In a finite world, economies cannot continue forever. We don’t know precisely what will go wrong or when it will go wrong, but we can get a hint from the recent failures of myths that our economy may change dramatically in the not-too-distant future.

    About Gail Tverberg

    My name is Gail Tverberg. I am an actuary interested in finite world issues - oil depletion, natural gas depletion, water shortages, and climate change. Oil limits look very different from what most expect, with high prices leading to recession, and low prices leading to financial problems for oil producers and for oil exporting countries. We are really dealing with a physics problem that affects many parts of the economy at once, including wages and the financial system. I try to look at the overall problem.
    This entry was posted in Financial Implications and tagged , , , . Bookmark the permalink.

    2,033 Responses to The world’s economic myths are hitting limits

    1. Rodster says:

      AstraZeneca decides to pull its “safe and effective” Covid vaccine because of a potential, fatal side effect.

      https://www.zerohedge.com/covid-19/astrazeneca-pulls-covid-vaccine-after-admitting-rare-side-effect

    2. Mike Jones says:

      Super-aged Japan now has 9 million vacant homes. And that’s a problem
      By Chris Lau and Mayumi Maruyama, CNN
      Updated 11:29 PM EDT, Tue May 7, 2024
      Abandoned houses are known in Japan as “akiya” – a term that usually refers to derelict residential homes tucked away in rural areas.

      But more akiya are being seen in major cities, such as Tokyo and Kyoto, and that’s a problem for a government that’s already grappling with an aging population and an alarming fall in the number of children born each year.

      Akiya are often passed down through generations. But with Japan’s plummeting fertility rate, many are left with no heir to pass to, or are inherited by younger generations who have moved to the cities and see little value in returning to rural areas, experts told CNN.
      https://amp.cnn.com/cnn/2024/05/07/asia/akiya-homes-problem-japan-intl-hnk
      Some houses are also left in administrative limbo because local authorities don’t know who the owners are due to poor record-keeping, they said.
      That makes it difficult for the government to rejuvenate fast-aging rural communities, hampering efforts to attract younger people interested in an alternative lifestyle or investors eyeing a bargain.
      Under Japan’s tax policies, some owners often find it cheaper to retain the home than to demolish it for redevelopment.
      And even if owners want to sell, they may have trouble finding buyers, said Hall, from Kanda University.
      Many of these houses are cut off from access to public transport, health care and even convenience stores,” he said.
      !However, he said Japan’s architectural history and culture made the situation there particularly dire.

      Homes in Japan aren’t valued for their longevity, he said, and unlike in the West, people don’t typically see merit in living in historical buildings.

      “In Japan, the newer the house, the higher the price it sells for,” he said.

    3. MikeJones says:

      Green Embargo By China Would Trigger Financial Crisis Imploding US Economy – OpEd May 7, 2024 0 Comments By Ronald Stein
      https://www.eurasiareview.com/07052024-a-green-embargo-by-china-would-trigger-financial-crisis-imploding-us-economy-oped/

      China controls a stranglehold 80% of the global supply monopoly on rare earth minerals and metals.
      The Congo in Africa is a 90% source of vital cobalt.
      Lithium: The Lithium Triangle, which covers parts of Argentina, Bolivia and Chile, holds more than 50% of the world’s supply of lithium
      Graphite: On a total component basis for an EV battery, graphite is about 25% to 28% of the whole EV battery. Turkey has the largest reserves of graphite, followed by Brazil and China. Together these three countries accounted for 66% of the estimated world graphite reserves.
      Today, a typical EV battery weighs 1,000 pounds and contains:

      25 pounds of lithium,
      60 pounds of nickel,
      44 pounds of manganese,
      30 pounds cobalt,
      200 pounds of copper, and
      400 pounds of aluminium, steel, and plastic.
      Inside are over 6,000 individual lithium-ion cells.
      …….China is positioned to adversely influence lithium-ion battery production worldwide. China has monopoly control over processed graphite, an essential component of almost all lithium-ion batteries. Virtually all processed graphite, natural and synthetic, is made in China then exported to the battery makers worldwide.
      …..China is just now beginning to implement an export control program for processed graphite. By controlling exports, China could, to a significant degree, adversely influence much lithium-ion battery production, such as by raising prices to selected producers or even blacklisting entire countries.

      Thus, the potential adverse impact of the Chinese monopoly power is enormous. What they will do remains to be seen, but the threat is very real. A lot has been written about China’s market power in other crucial materials like cobalt and rare earths. But these cases are weak compared to its monopoly in processed graphite.
      ….China’s stranglehold monopoly on the global supply of rare earth minerals and metals for the “green” movement to EV’s, and the generation of electricity by wind and solar is a clear and potential “embargo” danger to the American and World economies. To reiterate, move over OPEC, the next foreign embargo may be a “GREEN” Embargo by China!

      • Dennis L. says:

        My conclusion:

        Financialization was a bust, production controls demand and demand controls supply.

        Odd, there was a long argument over supply or demand. It appears to me that it is demand which is important and demand creates its own supply.

        Corollary: Where there is a will, there is a way, man is more inventive than most think.

        Dennis L.

    4. Peter Cassidy says:

      A surge in new nuclear power.
      https://www.nextbigfuture.com/2024/04/surge-in-new-nuclear-power-completions.html

      Almost exclusively outside of the western world, in places like China and India. These places did not follow the western trend up ratcheting up regulation and build times, which have dramatically increased build costs in western countries.

      • Mike Jones says:

        The Navy’s Ford-Class Aircraft Carrier Nightmare Has Just Begun
        https://nationalinterest.org/blog/buzz/navys-ford-class-aircraft-carrier-nightmare-has-just-begun-210865 hi
        The first Ford-Class aircraft carrier, the USS Gerald R. Ford (CVN-78), represents a groundbreaking advancement in naval engineering as the lead ship of a new class of nuclear-powered supercarriers.
        With a staggering cost of $13.3 billion, this warship faced numerous delays and technical challenges, including issues with its toilets and ordnance elevators. Despite these setbacks, the Ford-class carriers bring significant innovations like the Electromagnetic Aircraft Launch System (EMALS) and are designed for enhanced efficiency and reduced crew requirements.
        No warship ever built is as expensive as the USS Gerald R. Ford
        …. two nuclear reactors with four shafts, enabling the carrier to reach a speed in excess of thirty knots.
        Larger in size than the Nimitz-class carriers, the CVN-78 can operate with a smaller crew thanks to a greater emphasis on automation, and the carrier will also see a reduction in maintenance requirements, as well as a crew workload reduction
        It was also reported that the U.S. Navy can expect to save about $5 billion per ship in maintenance costs over the life of the program than the preceding Nimitz-class. The service had previously set a target of $4 billion per ship in savings.
        …While it won’t be for decades to come, the U.S. Navy is already determining that it could cost billions to scrap the nuclear-powered supercarriers.

        A hoard of drones targeting vital parts of the Gerald Ford will be interesting 🤔

        • davidinamonthorayearoradecade says:

          “While it won’t be for decades to come, the U.S. Navy is already determining that it could cost billions to scrap the nuclear-powered supercarriers.”

          if they sink, the scrap costs would be about zero.

          • MikeJones says:

            Since the appearance of this type of ship in 1916, with the launching of HMS Furious, a total of 51 aircraft carriers have ended up at the bottom of the sea, of which 44 were sunk during World War II ( 2 Italian aircraft carriers, 22 Japanese aircraft carriers, 8 British aircraft carriers and 12 American aircraft carriers). The list of aircraft carriers sunk after World War II was expanded to 7 yesterday, with the sinking of the NAe São Paulo. We are now going to briefly review the history of those 7 ships.
            https://www.outono.net/elentir/2023/02/04/the-seven-aircraft-carriers-that-have-been-sunk-after-world-war-ii/

    5. I AM THE MOB says:

      Ecuador President Orders National Shutdown Amid Electricity Crisis

      “President Daniel Noboa ordered businesses and government offices to shut down Thursday and Friday amid a crippling lack of electrical power ahead of a key national referendum scheduled for Sunday.

      Noboa blamed the unprecedented measure on drought, but also sabotage, without offering evidence. The energy crisis comes on the heels of a security crisis and a fiscal crisis that’s sent it seeking help from the International Monetary Fund.

      The market-friendly heir of a banana export fortune is asking voters in Sunday’s referendum to approve stronger use of the military as well as the extradition of Ecuadorian citizens to fight crime and to overturn constitutional bans on temporary work and international arbitration.”
      https://time.com/6968360/ecuador-noboa-shutdown-electricity-crisis/

      They got military policing the streets.
      https://twitter.com/telesurenglish/status/1782095704024043845

      This sounds like mess. I’ve heard of countries power rationing but not just “shutting down” on command.

    6. postkey says:

      “dale wolver on May 6, 2024 at 11:56 am
      Deep sea mining is the global equivalent of having your mother hospice and you harvest her organs so you can go on a vacation”?
      https://climateandeconomy.com/2024/05/06/6th-may-2024-todays-round-up-of-economic-news/

      • Blurb starts out:

        This great documentary by Mike Adams reveals how the globalists are trying to ban and/or control [and ultimitely monetize through a derivitaves scheme] the key elements of life, but not just CARBON, but OXYGEN and NITROGEN too. Marching in lockstep with their diabolical United Nations Agenda 2030 plan to achieve a 80% reduction in the global population by 2030, they are now waging a war on the building blocks of life itself. Even sunlight itself is under attack by the globalists who falsely claim that human beings are causing catstrophic climate change while completely ignoring the natural cyclical activity of the Sun itself and the fact that the objective data does not support ANY of their spurious conclusions. Obviously, what they hope to achieve is a dead, dark, frozen planet, completely devoid of life. For that’s what will soon be the result, if they were to eradicate carbon, carbon dioxide, nitrogen and sunlight.

        • Peter Cassidy says:

          They need not bother. The global population is doing a good job of shrinking itself. For some reason people stop having children when they get money. The problem for the future is a shrinking and highly skewed population structure, with a lot more old people than young people.
          https://m.youtube.com/watch?v=tk5KoWUwz6Q

          The west needs to have honest conversations about how to deal with that problem. And it really shouldn’t involve killing old people or importing millions of third world wogs. Working past retirement seems to be a good option. The older people I know that have retired tend to fall off the edge of a cliff in terms of health. But there need to be arrangements in place for shorter work weeks and reduced hours overall.

          • every species must undertake work in order to provide itself with sufficient energy for survival.

            we are not excluded from that law.

            the businiess of getting hold of energy is intensely physical—a job for the young and strong—coalmining, farming–hunting–the law still holds.

            doing less hours work per week means that someone else has got to make up that energy shortfall, from somewhere.

            all other species, when they can no longer obtain energy, simply die.

            we are the only species to have absolved ourselves from that

          • Dennis L. says:

            Biology in part will deal with this issue; some unfortunately receive bad engineering from the beginning and no amount of maintenance can help.

            Others do not use their years wisely or get lead into ideologies which advance small groups agendas at the expense of humankind as a whole.

            It is a bumpy road we face, we need a new way of looking at economics in light of biological realities. There is no economics without biology.

            Dennis L.

            • if i’m not strong enough to work on a farm, thats not bad engineering dennis, its because i’m nearly 90—and i expect my food to be supplied by those younger and stronger than me.

              i can still maintain my own garden–but for how much longer

              then i will have to pay someone else to do it.

              add on a few more years—and i may not be able to get out of bed.

              then iwill need help to do that too.

              this is why i still deadlift 100lb or 25kg straight arm lift on occasion—just to prove to myself i still can.—and with no after effects next day.—-but how long will that go on?

              i have however, arranged for a click and collect funeral.

              no amount of ”economics” will alter all that—only me myself being bloody minded enough not to let it happen for a few more years

              • MikeJones says:

                What, Scott Nearing along with his wife Helen worked on their homestead in Maine till aged 100…(She made it to 91 and died in a car accident)
                Death
                From his mid-nineties, Nearing’s mental and physical health was declining and he could not upkeep his garden.[67] Nearing died on August 24, 1983, eighteen days after his 100th birthday. His death was planned and he advertised it six weeks before to his friends at the dinner table. He gave up food and his body gradually lost all strength. At first he consumed fruit juices and a week before his death he limited himself to only water.[67] He died with his wife Helen beside him at his home at Forest Farm in Harborside, Maine.[67] Details of his death were glossed over by Helen in Loving and Leaving the Good Life.

                Not making any recommendations

        • Dennis L. says:

          Without biology there is no economics. The universe will not allow this to happen, to much work, too many years.

          Dennis L.

    7. davidinamonthorayearoradecade says:

      it’s the last half day.

      the magnificent memory of Chucky lives on.

      no WW3 yet for now.

      oil is stable, markets are stable, currencies are stable, banks are stable…

      and especially dark chocolate supply lines are stable.

      stability is stable, but for how long?

      from my house I can see 2025 on the horizon.

      the 2020s are a handful of months from being half over.

      the April 8th total eclipse in VT was fantastic.

      many thanks to all the builders of IC.

      • Ed says:

        SU25s being loaded with nukes in Belarus but sure stable.

        • ivanislav says:

          Russians threaten nukes for a good time. They like to have fun:

          https://www.youtube.com/shorts/xKMB7G1f5WM
          >> Such a stupid and dangerous act! Luckily for the bear the Russian was in a playful mood.

          • davidinamonthorayearoradecade says:

            yes nuclear war would upset the fantastic stability of bAU in The Core of IC.

            even a few “tactical nukes” used in important places might be plenty enough to destabilize the stable stability of The Core.

            let’s wait and see if any fly between now and the next OFW article.

            I would guess a 0.01 % chance.

            que sera sera.

      • Chucky and his 200/400 Worcestershires, who are no less guilty, basically destroyed 400 years of genetic experiment on the British isles at one single shot.

        the late Robert Firth, descended from forest rangers at the Midlands, would never saw Oxford if Chucky didn’t ‘do the duty’, which is why the Coronation Street people, the equivalent to USA’ lower class, are still patriotic, while they proved to be ineffective against the invasion of Hindus.

        That aside, the forces of devolution is getting stronger since today’s so-called elites are unable to stop the Hordes, who don’t care about anything else other than mere survival.

    8. Dennis L. says:

      I learn from this site and batteries don’t seem to be a solution to intermittency.

      Supply from demand?

      https://www.msn.com/en-us/weather/topstories/can-we-get-limitless-green-hydrogen-by-splitting-seawater/ar-AA1iTrVT?ocid=msedgntp&pc=U531&cvid=46c3388f006446258bf00529b61dbd78&ei=19

      “Hydrogen will play an increasingly important role in decarbonising our energy systems on the way to net-zero by mid-century. The clean-burning gas can be used to store and transport energy, and it can power things that are difficult to power directly with electricity. The latest projections from the International Energy Agency see global production of low-emission hydrogen increasing rapidly, with planned projects amounting to 38 million tonnes per year by 2030”

      Per Copilot for enquiring minds, 30 million tons of H is about 639 billion barrels of oil.

      Th world uses abut 37,6 B barrels of oil per year per Copilot.

      It seems with in realm of possible. It also solves the intermittency issue and the carbon sequestration issue.

      Corny as it sounds, we are on a very well engineered spaceship, earth. It is well worth saving.

      This site does a good job of ruling out what does not/cannot work; so look for something else. Ni might work, but Pt would be easier to recycle I should think.

      Dennis L.

      • John Burgundy says:

        This seems to be the answer to the above article: https://thehonestsorcerer.medium.com/white-hydrogen-lies-54f04450f2a0

        • Excerpt:

          The fundamental issue is, that you have to invest a lot of energy and use scarce metals to separate hydrogen from its best buddy, oxygen (or carbon in case of methane). All the losses in the form of waste heat and escaped hydrogen molecules occurring during generation, compression, liquification, storage, transportation and end use just come on top as an added bonus paid to the gods of entropy. Finally, when the remaining quantity is converted back into water, roughly one quarter of all the hard earned, high cost energy invested can be turned back into useful work… It’s like sending someone $4 in exchange for $1 — time after time. Good luck maintaining a complex civilization on such a deeply negative return on energy.

      • blastfromthepast says:

        Only if you use power satellites.

        • Dennis L. says:

          There I disagree, that is concentrated, exogenous heat and earth does not need more heat in that it is not worth the gamble. If it heats the earth, that is or could be game over; it is not worth the risk.

          Dennis L.

      • ivanislav says:

        >> Per Copilot for enquiring minds, 30 million tons of H is about 639 billion barrels of oil.

        ?? So each ton (1000kg) of hydrogen is equal to roughly 20,000 barrels of oil (a barrel is ~160kg)? I don’t think the molar mass ratios make sense unless a H2-bond contains much much much more energy than C-H. No I haven’t done the math.

        Ask copilot to explain its reasoning 🙂

        • drb753 says:

          the bond is in fact slightly smaller than the C-H bonds that are broken during petrol combustion. 30 and 42 KJ/gram respectively. so 30 million tons of hydrogen is the same as 21.5 million tons of diesel.

          • ivanislav says:

            And using the conversion factor of ~6 barrels/ton, that ~20 million tons of diesel is ~120 million barrels, whereas Copilot says it’s 640 billion. 640 billion / 120 million = 5,333.

            Copilot is off by a factor of ~5000 ?? As in, total and utter nonsense? This is what the AI hype train is based on?

            Dennis, your Copilot is wrong more than it’s right! Although, I wouldn’t be surprised if there’s some user error / misinterpretation.

            • Dennis L. says:

              Per Copilot, 30M tons of hydrogen is 639B barrels of oil. at 6 barrels/ton approx 100B tons of oil. Don’t understand your math.

              Copilot says we use 37.3b barrels per year as of 2023 reference is Statista.

              https://www.statista.com/statistics/271823/global-crude-oil-demand/

              Daily usage 102.21 m barrels/day per statista, math seems about right.

              I am always open to correction.

              Dennis L.

              • ivanislav says:

                I am not going to explain the conversions line by line, but a decent place to begin is with the last line in drb’s comment:

                >> 30 million tons of hydrogen is the same as 21.5 million tons of diesel.

                That conflicts with your Copilot statement because 21.5 million tons of diesel is not equivalent to 640 billion barrels of oil.

        • Dennis L. says:

          Busy morning, don’t have time to check this one carefully. The use of tons of H should solve volumetric issues.

          Copilot goes into the weeds sometimes, tries to show all sides.

          Short answer, I don’t know.

          Copilot gave this BP reference which is convenient for looking at energy content of NGL as well. I have mentioned all barrels of oil are not energy equivalent before.

          https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2021-approximate-conversion-factors.pdf

          Above reference to BP site. Interesting ethanol is about .58 energy equivalent of a barrel of oil which suggests ethanol in fuel decreases auto mpg. Use 10% ethanol for example and one can calculate loss of mpg secondary to energy density/gallon.

          This site looks at H, again it is an advocate site for H, read accordingly.

          https://www.hydrogenfuelnews.com/hydrogen-vs-oil-gas/8558096/

          No matter what it is not going to be easy and it is going to involve change.

          Bumpy road ahead, optimists see light at end of tunnel.

          Dennis L.

    9. Dennis L. says:

      Demand creating supply:

      “Peter Lee’s newly founded EnerVenue is looking at the nickel-hydrogen batteries used to store energy in space and seeing if they can replace the mainstream lithium-ion batteries here on Earth.”

      Now where could I get a few cubic miles of Ni? Well, Psyche comes to mind.

      https://www.msn.com/en-us/money/technology/billionaire-creates-startup-to-revolutionize-clean-energy-with-space-based-batteries-here-s-how-it-would-work/ar-BB1lTJkf?ocid=msedgntp&pc=U531&cvid=46c3388f006446258bf00529b61dbd78&ei=12

      It would be trivial to change Tesla’s from batteries to fuel cells. Biggest problem will be sunk capital in battery plants.

      Looking for solutions, I like “Demand creating supply.” Of course, there is always “A cubic mile of Pt.”

      There are groups aware of the resource situation, solutions will be found.

      Dennis L.

      • There are a gazillion of people who were aware of a problem and proposed solutions which went nowhere.

        Hopium is hopium. Nothing more than that.

        • Dennis L. says:

          That is why nature is 80/20, only need to look seriously at 1/5 of the solutions.

          Dennis L.

    10. Dennis L. says:

      Demand creates its own supply.

      https://www.msn.com/en-us/autos/news/everything-we-know-about-honda-s-new-hydrogen-vehicle/vi-AA1nrkuJ?ocid=msedgdhp&pc=U531&cvid=a02a9c103d474358a0bd788a8e90e1bb&ei=11

      Honda, fuel cell auto, Toyota has them as well.

      H is a lot easier than charging stations and takes a great deal less time to fill I would guess.

      All we need is a cubic mile of Pt, demand will create the supply.

      Starship launches this month, here is hoping.

      Dennis L.

    11. JMS says:

      mRNA is just [yawn] the most fishy red herring.

      ” 1. mRNA has never been found in the vials1 by independent researchers whom on the other hand, have found plenty of graphene oxide (GO).
      2.. Dr. Andreas Noack, a leading European expert on graphene, publicized that graphene hydroxide (5G can turn graphene oxide into graphene hydroxide, and the latter kills fast) does the same or similar damages as “spike protein” would (if it were really in use)2.

      Based on these two details, it’s safe to assume that mRNA (while the technology does exist, it couldn’t be controlled3, if used in public) exists only in experiments in controlled environments and in false narratives, like the “covid” “virus.” It is a red herring, diverting people’s attention from the fact that the real damage is mostly caused by a combination of GO and 5G. Graphene oxide is possible to control through 5G without starting a chain reaction.

      3. Hydrogels are needed for the delivery of mRNA, but the graphene-based self-assembling nano-computers (receivers, transmitters, control units) also need hydrogels that, incidentally, have been found in some vials, along with GO…
      4. The damages caused by graphenes and the DNA-modification technology through the nano-computers resemble the ones caused by the mRNA technology.

      5. There is plenty of evidence regarding the damage graphenes do, and they match the “side effects” of the “covid” injections.

      6. Misleading people with the mRNA narrative is essential, because it leaves out the central role of 5G in the control/depopulation process; if people realized it, 5G (and 6G) technology would not be widely tolerated.

      7. The self-assembling nanobots, anchored into the body (most likely in the brain, the lungs, the stomach, or the intestines), upon following instructions through 5G, can manipulate human DNA in the same way as mRNA technology would, so even the most well-meaning researchers can reverse-engineer the symptoms to the wrong source4. I don’t believe in such accidents, because such “researchers’” logic introduces mRNA as an extra step to explain something that the graphene-5G combo fully explains.

      There is probably a lot more “circumstantial evidence” to substantiate that mRNA is a red herring, so if you know more, please, add them in the comment section. Studies from popular researchers are unlikely to be fully trusted5, because even if the researchers worked for free and had access to the expensive equipment needed for such work, they would not be tolerated6, if they happened to publish the truth that, in its full frame7, must be an integral part of the technocrats’ depopulation/global control scheme. My conjecturing meets that criterion; the mRNA narrative doesn’t.

      https://rayhorvaththesource.substack.com/p/the-problem-with-mrna

      • drb753 says:

        Dr. Noack died mysteriously soon after that.

        • Student says:

          In my view, in case, they represent two kind of different problems.

          One is the problem about negative side effects of traces of mRNA inside the blood, which give wrong instruction to the immune system, and the research published by Tel Aviv University (earlier here) on the problems linked between cancer and heart failure is in this direction.
          And also the problem about lowering the level of interferone hormon to let the mRNA works against Covid, which then create problems to the ‘adaptive’ immune system (which works properly with interferone).
          And everybody knows what can be the problems if the immune system doesn’t work properly.

          Another problem is 5G.
          Also Montagnier talked about 5G, but about interaction of the virus with 5G, not with the vaccine.
          So, as I trust more Montagnier because most of what he said was correct (also about the alternative treatments), it could be that 5G represent a problem, but linking it to the vaccine is a false path made on purpose to bury the problem of 5G.

          I think that have studied biology and psichology helped me a little bit.

          • Tim Groves says:

            And of course, we all know that Luc Montagnier died not long after that too.

            As for his cause of death, all I know is that he died of a Tuesday — 8 February 2022 — half a year short of what would have been his 90th birthday.

            • I AM THE MOB says:

              Maybe someone gifted him a “mr pillow”

            • one day soon i shall die in mysterious circumstances

              but will i be worthy of a conspiracy?

              • Student says:

                Norman, in my view the deaths part is the less important aspect of the whole story.
                But you can be sure that conspiracies don’t exist, we actually pay secret agencies millions of Euro or Dollars per year to package conspiracies against our enemies or to counter enemies’ conspiracies actually for nothing.
                We just throw the money out of the window.
                Because conspiracies don’t exist
                😀

      • I AM THE MOB says:

        I think we are headed for the big finish. (Think- fireworks show)

        It’s going to be everything, all at once.

        new covid, ebola, birld flu, measles,, + Heart attacks, strokes, cancers, etc, etc.

      • Student says:

        Hello JMS what are the meaning of these words and numbers you wrote in your message?

        vials1
        (if it were really in use)2
        controlled3
        source4
        trusted5
        tolerated6
        frame7

        Thanks

        • JMS says:

          Footnotes to the original text, of which I’ve only posted an excerpt here.

      • Dennis L. says:

        That is interesting, mRNA degrades rapidly which is the reason for synthetic uracil in the medication.

        As with many things in my life, don’t really care if the reasons are correct, only the actions. I made a guess and skipped the jab, in retrospect with multiple negative pcr tests, zero symptoms and zero side effects from avoiding jab it was a good enough guess.

        I am an approximately right type of guy and if something doesn’t seem to work my one word is “Next.”

        Dennis L.

    12. Dennis L. says:

      Hydrogen, fuel cells and heals color matched to bikinis. Now that is the way to go.

      https://www.msn.com/en-us/autos/news/welcome-aboard-the-world-s-first-hydrogen-fuel-cell-superyacht/ar-BB1lYDI3?ocid=msedgntp&pc=U531&cvid=854b3af8214a46e6bcc5c4cdb836e846&ei=9

      Noticed the color coordination in the Caribbean, many of the yachts were color coordinated, very stylish.

      Now we are ecologically sound and moving into the H economy. This guy didn’t purchase a cubic mile, but enough to make the trip. A trend setter.

      Dennis L.

      • as the link points out, hydrogen requiers 8x more storage space than its diesel equivalent.

        which knocks it on the head for all conventional applications

    13. Dennis L. says:

      A possible way China does things, robots this time.

      https://www.youtube.com/watch?v=zeykqb_b2BY

      Some where the West, read the US, became a leader in lawyers, not to achieve justice and a fair result but to achieve case law. Make a winning argument, get it through the appeals process and it becomes law. That is an example of a narrative. It does not have to “work” it has to be adopted.

      Who will the robots replace? US workers.

      Engineering is very hard, math is very hard, men are not on average brighter than women, but men are brighter in the maths than women, at the end of the distribution. It is back to biology, no matter how hard lawyers work to make law, they cannot make the universe.

      I see photos of China in the background, Minneapolis is a mess compared to these cities. When I was in Hong Kong in the 80’s, it was impressive then. Cannot say what is like now, but walked all over Hong Kong with my very young daughter, day or night. Paid a bit extra to ride the “good” seats on the White Star ferry.

      An individual cannot do this, it takes a team, it takes a skill set. That skill set goes into all the supporting industries.

      If you make everything, you can import anything. We tried to topple Russia for raw materials, that is not going well but we have very good lawyers.

      I hate losing.

      Dennis L.

      • We will have to see how this works out. China needs to have buyers able to afford the goods it makes and fuel to ship its products internationally.

        It is not clear that the US and Europe will have enough “stuff” to trade for the things China decides to make. The self-organizing economy will decide.

      • Chinese efficiency comes with the Chinese system, where the Party decides everything, law or not.

        Jack Ma used to hang around with people like Bill Gates or your God
        https://www.youtube.com/live/f3lUEnMaiAU?si=QPJQrFDg_qbksu0L

        but the Party decided to destroy him and we don’t hear about him too much now.

    14. Ed says:

      MIT and Princeton are standing with Palestine.

      • davidinamonthorayearoradecade says:

        maybe their brains could help Gaza build nukes.

        • Ed says:

          There is not time. Nuclear WW3 will be fraught with the weapons on hand.

          There are two things one can do with a nuke. One, direct hit to destroy an enemy missile silo, submarine carrying nukes, aircraft carrier with nukes, emp to stop nuclear carrying airplanes. Two, to kill cities and the humans and industry that live in them.

          They just are not that useful. It will greatly slow the consumption of natural resources.

          • David says:

            They seem to be semi-obsolete, except for the fear factor.

            A conventional weapon aimed at a N power plant would release much more radioactivity. Damage to the site at Sellafield, UK or Cap de la Hague, France would be still worse and would contaminate most of NW Europe.

      • blastfromthepast says:

        I do not discount the students actions but lets be clear.
        This is done with the the full approval of the US goverment.
        The students are a little more honest in expressing their intuitive discomfort.
        This is a message of the most simple kind.
        It is deliberate and brutal on purpouse.
        The message is deaths of civilians have no relevance to us.
        Deaths of civilians are not a deterrent for us.
        In fact we dont care in the least.
        Because the lions share of these deaths were avoidable.
        That accents the communication.
        Like the means.
        Starving a population of two million to death.
        The bombs are just for fun.
        This is casual.
        We dont care about the gain of function.
        We dont care about the injection.
        We dont care about the half million dead in Ukraine.
        We dont care about Nordsream.
        We dont care.
        At all.
        About anyone.
        Or anything.
        Except winning.
        The message is for Russia.
        Which communication has more content.
        Some Russian minister saying “we will use a tactical nuke”
        Or this?
        I believe them.
        How could you not?
        Everyone else believes them too.
        Including the Russians.
        Because it’s the truth not a bluff
        They have experienced this before.
        The means of the communication
        Are not new to them.
        66 million dead.
        Under Stalin and his cohorts.
        27 million dead
        WW2

    15. I AM THE MOB says:

      The H5N1 virus infecting cattle is the U.S. is expected to reach Germany this week.

      Science Magazine

      https://www.science.org/content/article/combat-cow-flu-outbreak-scientists-plan-infect-cattle-influenza-high-security-labs

      old Chinese saying, “A single spark can start a prairie fire.”

      • I am sure that there are some researchers who would be very happy if the H5N1 virus could cross over and affect humans.

      • ivanislav says:

        War in Ukraine failed. Shut everything down again. Need to crush oil prices in one final hurrah to crush Russia. Same playbook as versus the USSR when they were exporting larger volumes of oil, but getting less revenue.

        Or at least that’s what I would be thinking if I were a US military/strategic planner. Unlikely to succeed, but there are few or no non-nuclear options left.

        • Student says:

          Yes Ivanislav, in the current situation is paradoxically worrying that conventional wars end, because leaders need to find other ways to reduce consumes of normal people and make money of it.
          Virus, pandemics and vaccines are very interesting alternative option for them.
          So the evil balance in my view risks to be ‘money towards the war industry complex’ or ‘money towards the pharmaceutical industry complex’.

    16. The Gallic War was Caesar’s greatest career stunt, and it ended with the Gaul leader, Vercingetorix, tied in chains to be paraded at Rome’s central thoroughfare before executed. (There are some different theories about the method of ending him)

      With their leader being thoroughly humiliated like that, the Gauls did not rebel again.
      ===
      Every 9th of May, the denizens of Russia, White Russia and the Republics in Central Asia celebrate the Victory day, to laugh on the impossible-to-understand-by-anyone-with-a-strategic-sense decision of Dwight D Eisenhower to award Berlin to the Soviets , thereby giving the Soviets, and by corollary Russians and the denizens of other republics still loyal to Putin, the right to call themselves the Victor of World War 2, to the end of days.

      The ‘American lives’ saved by Eisenhower’s decision were not really the kind of higher quality lives lost in earlier wars, while because of him Berlin suffered enormous destruction, which won’t be recited again.

      In wars, people get killed. And USA lost less than 400,000, plus about 12,000 killed thru other causes (such as Louis Till, the father of Emmitt Till, executed for rape). Romania and Hungary lost roughly the same number, with much smaller population. Big deal.

      Dennis L. had talked about the families who would have lost their fathers, brothers, so forth. Big deal again. That happened everywhere, and Americans were not that special.

      I personally think 5,000-10,000 ‘working class’ American lives were not worth this sorry sight

      https://youtu.be/X0KQ9XMruE8?si=XTssaf6bmcI-6KX4

      I cited the Vercingetorix example above, since this year’s Russian Victory Parade will include all these Nato weapons seized during the war in Ukraine, to show the ‘prowess’ of all these vaunted Western weaponry to the entire world. The decapacitated weapons will be paraded like the Gallic leader, before put into permanent display at some military museum in Moscow, to earn the eternal ridicule of Putin and his friends.

      If Eisenhower decided to sacrifice the 5,000-10,000 men to secure the title of Winnler of World War 2, there would be no Moscow now, destroyed by nukes during one of what would have been its unending civil wars. Without the moral strength of the title of Victor of World War 2, which has legitimized Stalin’s rule, with all these cruetly, forever in Russia, it would have collapsed on 1990s for ever, fracturing into hundreds of states, some of them with primitive nukes and some not, hating each other while all begging to WSoros & co for money.

      With the likely loss of US dominance by end of 2025, the foolish decision of Eisenhower deserves to be discussed again.

      Those who think Russia had ‘blood rights’ for World War 2 can go to kiss Putin’s toes in Russia.

      • The world needs Russia’s oil now. It was saved for later, thanks to the 1991 collapse of the central government of the Soviet Union.

      • Tim Groves says:

        Here’s a map showing the Soviet advance against Nazi Germany in 1943-45. It is questionable whether that could have been turned around by the US sacrificing 5,000-10,000 men, even in the days before the US Armed Forces were run by women, gays and transexuals on the basis of diversity, equity, and inclusion.

        On the other hand, if Ike had mobilized the surviving members of the GermanWehrmacht, rather than leaving over a million of these surrendered POWs to die of malnutrition, exposure, and disease in outdoor camps during the course of 1945, together the Yanks and Krauts could have become a powerful fighting force and kicked some serious Russian ass. But that’s a big “if.”

        Why didn’t Ike try something like that? Was he too anti-German? Or was he just obeying orders? Churchill said that that the purpose of NATO was to keep the Americans in, the Russians out, and the Germans down. Perhaps keeping the Germans down took priority at the time in the minds of the Western elites?

        https://www.reddit.com/r/MapPorn/comments/y9crdh/soviet_advances_in_the_eastern_front_from_october/

        • The Soviet war machine fueled by US lend lease.

          Rearming the Germans would have made some circles angry so it was out of question. Churchill did think about something in that vein, called Operation Unthinkable, but nothing came out of it.

          There was nothing between the US 9th Army and the Bunker on April 14, 1945. With the Americans arriving, it is likely that the Germans elsewhere would have tried to hold on for longer, just to save Berlin from a certain Soviet destruction.

          Eisenhower gave the Soviets an eternal moral victory, which is exploited even now by Putin, who was not even there when it occurred.

        • Sam says:

          Huh?!?

          • Tim Groves says:

            You mean the WGT-phobic comment in the first paragraph?

            To clarify, I’m not suggesting anybody should be barred from serving in the US Armed Forces. And if I was an American, I would thank them for their service.

            But at the same time, I wouldn’t expect today’s US Armed Forces to do as well in a real war against competent adversaries—primarily because I assume that today’s US Armed Forces lack sufficient cohesion and military readiness due to the imposition of “woke ideology” on the Military from above.

            But perhaps we’ll see this expectation tested in combat soon.

        • ivanislav says:

          Wut? USA and USSR were on the same side in this war … ever heard of Lend Lease? Btw, lend lease was helpful in shortening the war, but equipment only came in significant amounts after the tide had turned and the outcome was decided.

          Anyway, even assuming it made sense and the US tried to do what you’re talking about, the USA lost 400k fighting the low-intensity side of the war. Most Nazis were killed on the Eastern front by the Soviets. You know that, right? So, the USA would have lost much much more than 5-10k soldiers if they tried to beat the Soviets, seeing as they lost nearly a half million fighting a smaller force.

          • Would Stalin have attacked the US forces in Brandenburg region after 4 years of war? He did not do that during the Berlin airlift crisis although everyone said he would have done that.

            The cold truth is it took about 10 years for USSR to recover, with all these stolen equipment and personnel. It even ‘interned’ Japanese technicians seized from Manchuria and what became North Korea.

            The arguments of Eisenhower’s apologists saying it would have created a world war 3 is Soviet pandering.

        • Foolish Fitz says:

          Even mobilising the Germans would have made no difference. These Germans had just witnessed firsthand Operation Bagration and would probably have run a mile when faced with the prospect of going through that again.

          Kulm would do well to accept the truth that Bagration told about who had the advantage in men, machines and manoeuvres. Georgy Konstantinovich Zhukov’s tactics were decades ahead of anyone in the west and that’s as true today as it was then.

          Given that France are gobbing off again, will we get to see another wonder like the Maginot Line. The tactical geniuses of Europe best plan. A ditch that they were too lazy to complete. Europe’s tactical genius can be summed up in a single word, imbécile.

      • Student says:

        I agree with Gail about resources.

        Plus I add that Russia was able to keep alive the character of the average male warrior who defend the Country, while US and Europe have pushed more on aspects like transgender, fluidity of sex and then also the presence of immigrants of various Countries who of course feel less the convintion to defend the new territory where they live.

        It has some similarity with the path followed by the Roman Empire, which collapsed by coincidence with the presence of a huge group of foreign soldiers and lack of resources.

        I really don’t understand how European leaders have the courage now to talk about the need of a common army and common soldiers while they have been pushing for years about the importance of a ‘weak male’.

        I just speak from a technical point of view.

        • Again, without the image of the victor of world war 2, it would have been impossible for Russia to build the image you have described above.

          USA has successfully emasculated the European male. It won’t be possible to raise a Unified European Army consisted of eunuchs.

      • It is early to call 2023 to be the world’s post covid oil production peak, but, you are right, it could be. January 2024’s production is lower than January 2023’s oil production, which is not a good sign. January’s production is sometimes low because of cold weather problems. The amount by which it is low can vary, however.

      • davidinamonthorayearoradecade says:

        “… might 2023 have been post-covid peak oil?”

        yes agree it might be.

        then might oil decline very slooooooowly for a decade or two?

        yes it might do that.

        and might it be bAU tonight, baby?

    17. Ed says:

      Fentanyl help reduce the welfare rolls. It targets the most worthless from the point of view of the owning class.

      • blastfromthepast says:

        If you study addiction it’s primarily but not solely a function of brain chemistry. There is always risk with exposure but one individual take or leaves it another can not stay away.

        Socioeconomic status does indeed play a big role in access to good treatment. Opioid addiction is actually one of the easier to treat if caught early first couple years. No one thinks they will become a junkie. A lot of those buyers showing up in the drug markets like Kensington are middle class kids. They think they can beat the dragon and in truth some of them do. The ones that don’t turn into the pitiful goony zombies you see who end up actually living in the open air drug market neighborhoods.

        Plenty of middle class kids get hooked with both brains and good looks. Some with children that they love. The disease doesnt discriminate ask the parents of the kids that fall. It’s very hard when your kid becomes a real junkie say about 5 years into it. The human is gone and the parents have to give him up for gone if they are to survive.

        The average kid that beats it goes through rehab about three times it’s not cheap and there are no gurantees. NYC has probably the best opioid addiction treatment centers in the world having extensive experience with what works. Like everything in most places it’s about money and they play parents like fish on the line. You need a real treatment center not one that’s going to shovel some antidepressants and charge 50k.

        The success numbers of treatment are pretty dismal. Its pretty random. One kid plays with off and on for a year and is done. Another goony goes through treatment three times and is still a goony. Russian roulette. A lot of its tabbed up in pills and the kids get exposure that way to start when they are too young to know better. The disease is a killer. At about five years in there is not much left.

    18. blastfromthepast says:

      Fentanyl distribution avoids financial crisis. Fentanyl allowed the withdrawal from Afghanistan. (pun intended)

      Poppy derived opiates are unobtanium now.

      Any pill not gotten from a pharmacy can be assumed to be fentanyl.

      Any pill gotten in Mexico, pharmacy or not, can be assumed to be fentanyl.

      Wheres mua dib hecklefish when you need him?

      Dereliction of duty.

      fentanyl = fate worse than death

      fake dope bought with fake dollars

      https://www.aljazeera.com/news/2023/11/5/afghan-opium-poppy-cultivation-plunges-by-95-percent-under-taliban-un

      • Afghan opium poppy cultivation plunges by 95 percent under Taliban: UN
        The restriction on poppy cultivation has decimated a key trade for hundreds of thousands of farmers and laborers.

        However, the group [Taliban] has pledged to eliminate this drug cultivation enterprise after seizing power, instituting a formal ban on the crop in April 2022. This proved devastating to rural farmers who long relied on the crop for their income, and compounded a humanitarian crisis that is among the worst in the world.

    19. Mirror on the wall says:

      Macron has been mouthing off again about how France is going to send troops to fight Russia in UKR.

      France has no serious military or military-industrial base and it would not be able to send a single division before 2027. His idea is to integrate thousands of French troops into the UKR operations.

      Previous Russian president Medvedev has now warned that NATO would thus directly enter war against Russia and that Russia would strike NATO political centers.

      The Russian military is preparing tactical nukes that strike smaller targets than the entire cities that are targeted by strategic nukes.

      ‘Nuclear Attack On London, Paris & Washington…’: Putin Aide Medvedev’s Big Warning Amid Ukraine War

      • Ed says:

        At last attack the enemies home territory.

      • Mirror on the wall says:

        Alex and Alexander give some more details about what is going on now.

        The western MSM has fallen largely silent about these developments.

        It seems that Biden may send USA troops to fight against Russia in UKR if he is re-elected.

        So French troops in UKR, ultimately USA troops in UKR after the election, and UK missiles now to be used inside Russia.

        That is why Russia is giving warning about where that is headed and it is doing drills with tactical nukes.

        It remains to be seen whether NATO can take a hint or the conflict is to massively escalate.

        Russia’s final warning to Macron and Cameron

        • We do not need this:

          “It seems that Biden may send USA troops to fight against Russia in UKR if he is re-elected.”

        • What is Macron thinking?

          • drb753 says:

            Most of the time, “I really dig that black rapper…”. he then goes on TV and reads the script he was given.

          • Tim Groves says:

            If I may be permitted to re-punctuate your question:

            What!? Is Macron thinking!?

          • raviuppal4 says:

            Gail , my POV . Macron is very unpopular in France . Luckily he can’t stand for re -election as limited to two terms . The problem is that in in France his legacy will be ” Macron lost Africa ” because the French got booted out of Chad, Mali, Niger etc called Francophone Africa . He is making an effort to repair this . How ? By playing tough cop and soft cop . He makes noises about sending troops to Ukr but sends his envoy to attend Putin’s inauguration . Macron knows that when Ukr collapses somebody has to sit across the table with Vladimir Putin . The neocon bunch in the USA and UK have already been labelled as ” agreement incapable” by the Kremlin . Sholtz in Germany is a ” sausage ” . Then who ? Macron , by default . He will sit across the table from Vlad and sign on every dotted line that Vlad will tell him but he will proclaim this his legacy and retire as the man who negotiated the ” peace in Europe ” . Just my thought .

    20. Mirror on the wall says:

      The UK has given UKR the green light to use UK-supplied long-range cruise missiles to strike inside Russia.

      Russia has said that it will retaliate against UK military bases inside or outside UKR.

      Russia is readying tactical nukes that strike smaller targets unlike strategic nukes that hit cities.

      The difference between Russian and UK nukes is that the Russian ones actually work while UK test launches continue to fail.

      Also Russia has missile defence systems that can intercept any missles that exist anyway including its own, whatever the war head.

      UK admits that it has zero ground-to-air defence and no one but Russia has the ability to intercept hypersonic missiles anyway whatever the war head.

      UK Inducing World War? Minister’s Remark Makes Putin Angry, Moscow Threatens Direct Attack | Ukraine

      • This does sound worrying, I agree. I am glad I don’t live in the UK.

      • blastfromthepast says:

        Well this is the quintessential escalation scenario. One or the other party deploys a nuclear weapon to communicate “they are serious”, but only with a minimi nuke so as to demonstrate restraint. Supposedly because they believe no response will be made. IMO because this is really because its the only way a humans can fool themselves to cross the nuclear threshold. The minimi nuke allows this self deception. Obviously a response will ensue. A full strategic exchange follows as existential threat doctrine and fear kicks in. You see this behavior exhibited with the continuing escalation in providing Ukraine weapons. This behavior was described by Biden then demonstrated ” providing tanks That would be world war 3″.

        Organisms demonstrating Maximum power principle. They are not capable of other behavior. We think they are because we are. We don’t escalate to apocalypse. If we did we would be dead or in prison. We assume that they are the same. They are not. If they were, diplomacy would be practiced just like us. We are sheep. They are wolves. The behavior we exhibit is the behavior that allowed our continuance- for sheep. The behavior they exhibit is the behavior that allowed their continuance- for wolves. They have no other behavior. We think they do because we are sheep. Sheep can not comprehend a wolf until they experience one.

        In the absence of nuclear and biological weapons they might realize that the way of survival was retreat through war. Like two elk butting horns. Nuclear weapons means the fight is to the death.

        To this point Russia has not escalated. This of course is considered weakness. Let us pray Russia behavior continues. If the nuclear threshold is crossed whether here or in Israel you can start a hourglass. IMO three days max. If the shooting starts existential threat doctrine kicks in. Thats the polite way of putting it. The impolite way is if thats the way it is Im getting busy. To think that crossing the nuclear threshold will de escalate is quite bizarre. Thats why the reality is a full preemptive strike is more likely not a minimi.

        Will it happen? Nobody knows. One thing is the target struck. Crocus was a monster taunt (wolf snarl) but did not effect nuclear capability. If Russian targets get hit that erode nuclear response capabilities IMO they will respond with a full strategic strike not a minimi. In fact the minimi threat may be a ruse communicating a restrained response when the reality is they are considering a full strategic response. The Russians have trauma from previous wars. If they decide here it comes-again- get busy. Best way to guess future behavior is past behavior by far. Two wolves snarling only goes on for so long. Then instinct kicks in. The opening is seen and taken.

    21. blastfromthepast says:

      In 2014 Ukraine sought to “consolidate its independence “.

      Vicki Nuland secretary of state Clinton and then Vice president Biden were there to help. Even Hunter Biden graciously formed Burisma to do his part to stop Russian expansionism. Later when Poroshenko was head oligarch Biden worked closely with him to further “consolidate” independence ” withholding a one billion dollar loan until the Ukrainian prosecutor investigating burisma was fired. The quasi private sector pitched in with such champions of justice such as BlackRock investing in Ukraines future to help ‘consolidate its independance”.

      https://www.france24.com/en/europe/20240408-ukraine-donbas-ten-years-of-war-russification-russia-donetsk-luhansk

      • This whole long saga depends a great deal upon the side the author views the situation. Is Russia a terrible outsider, or what?

        Whatever has gone on to date, the article ends,

        “After a decade of war in the Donbas, the question diplomats will have to consider in years to come is how to determine where the EU ends and where Russia begins.”

        More than Donbas will likely end up inside of Russian boarders, I expect.

      • raviuppal4 says:

        I read this ” In 2014 Ukraine sought to “consolidate its independence “.
        This was enough to tell me that it was a BS article . Even though the FSU disintegrated in 1990 all the independent nations ( former republics) are till this date under the thumb of the Kremlin . The fact is that they all suck up to Moscow because they know which side the bread is buttered . I just put this article in file 13 ( waste paper basket ) .

    22. raviuppal4 says:

      Yikes .
      The European steel industry remains very bad, with continuous downward revisions. Taking into account that steel is used for everything, this sector is an example of the industry crisis in Europe (and let’s not forget the construction sector).

      https://www.steeltimesint.com/news/euro-steel-outlook-is-losing-momentum-says-eurofer

      “In the fourth quarter of 2023, apparent steel consumption, despite a statistical increase (+2 .8%) due to the comparison with the very low levels of a year before, stood at 29.9Mt. This marks the fourth lowest volume recorded since the pandemic. Moderate quarterly improvements are expected to continue throughout 2024. which will result in volumes still below pre-pandemic levels. The general evolution of steel demand remains subject to very high uncertainty. After the sharpest contraction in 2023 (-9%), apparent consumption of. “steel recovers at a slower pace than previously estimated (+3.2%) in 2024 .

      “Production in steel-using sectors is expected to experience a recession in 2024 (-1%), particularly due to a persistent recessionary trend in the construction sector (which represents 35% of steel consumption of the EU), ongoing geopolitical tensions and the delayed impact of high interest rates on the manufacturing sector. Growth is expected to pick up moderately (+2%) only in 2025.”
      Good bye Europe .

      • Coal is used by China to produce steel. Europe and the US do not have the capability to do this. They can recycle steel using electricity, but this does not produce the high quality steel (with particular different alloys) needed in many applications. For this, imports from China are needed.

        Europe’s energy industry is in a sad state. Its reserves are mostly exhausted.

      • Growth results from increased productivity, indirectly from more energy consumption per capita.

        If more debt leads to more buying power, but not more actual goods and services (because extraction is constrained), the problem becomes inflation.

    23. I AM THE MOB says:

      Looks like Putin is walking with a limp.

      https://twitter.com/Worldsource24/status/1787790819526676548

      • Adonis says:

        He had cancer so maybe that is why

        • raviuppal4 says:

          No, it is his normal gait . If he had a limp it would be evident on his climbing the stairs . False alarm by the West as usual . Anything to divert attention from the lost war in Ukraine .

          • I AM THE MOB says:

            Hope Humpy doesn’t have a great fall.

            • Sam says:

              It’s strange that the west likes to talk about Putin eliminating his enemies but what about the killings of the whistleblowers of Boeing? Total silence!?!?

              • I AM THE MOB says:

                zero dark 30

              • Tim Groves says:

                Well, Putin could have been behind those Boeing killings too.

                After all, he is a cold fish and an inscrutable Russian dictator.

                It sometimes takes a while for the Western media to think up a plausible reason why he benefitted from something, but they will get there in the end.

      • Student says:

        In my view the problem for us in the West is more when Putin will be substituted, because he is actually the ‘moderate guy’ towards us 😀

      • ivanislav says:

        LOL you have to be a special kind of person to pay any attention to Putin having a slight limp while completely ignoring Bidet’s entire compilation. I shouldn’t laugh at an old guy falling down, but after a lifetime of evil and corruption, it’s hard to help myself:

        https://www.youtube.com/watch?v=OjkcB6angec

        It’s the standard “accuse them of what you yourself are guilty of” projection/deflection strategy.

        • raviuppal4 says:

          Putin’s inauguration ceremony today . The man, the myth and a legend . The boss . Now something contradictory . All western countries boycotted the ceremony except France , the same France that talks about sending troops to Ukr .

          • The swearing in looked like a religious ceremony, with the lighting of candles. Putin had his hand on a red book, which I presume was a Bible.

          • ivanislav says:

            Slowly creeping up on BAU 2030 🙂

            Our (USA) immediate problems are geopolitical and financial. The overarching dilemma, which hasn’t yet curb-stomped us, is overshoot. Separate issues with separate timelines.

      • Cromagnon says:

        That’s a KGB gunslingers gait.

        • Tim Groves says:

          You can always tell a six-cylinder Karla-trained hood…..

          But you can’t tell him much.

        • ivanislav says:

          One hand relatively static / not swinging, for fast access to the gun. Seems like it would be a give-away, though. Maybe it’s made up.

    24. Student says:

      (Splash Marittime News)

      Shadow global fleet (Iran, Russia, Venezuela, North Korea, maybe some Chinese ships and others) has become so big that playing cheerfully with sanctions has become dangerous for western Countries.
      I think we have to realize that we are not only us in charge.

      “Regulating the ‘staggering’ shadow fleet too fast could cause global economic shock’’ […] “Although regulators and governments are evidently keeping an eye on the grey fleet, its enormous size now arguably makes it harder to regulate since potentially excluding 13.7% of global tonnage would send tanker markets into an upward spiral, potentially causing an unwanted economic shock,” BRS warned.”

       https://splash247.com/regulating-the-staggering-shadow-fleet-too-fast-could-cause-global-economic-shock/

    25. postkey says:

      “That is what they have been trained to do. If we shift our attention for a moment to the economic basis of this region, it has been said that the war against drugs is also being fought there. However, this is counterfactual. Since the 1840s the region from Afghanistan to Indochina has been part of what was originally the British opium industry. China tried to suppress the opium trade twice leading to war with Britain – wars China lost. The bulk of the Hong Kong banking sector developed out of the British opium trade protected by the British army and Royal Navy. Throughout World War II and especially the Vietnam War the opium trade expanded to become an important economic sector in Southern Asia – under the protection of the secret services of the US, primarily the CIA. Respected scholars have documented this history to the present day. However it does not appear to play any role in interpreting the policies of the US government whether publicly or confidentially documented. Is it because, as a senior UN official reported last year, major parts of the global financial sector – headquartered in New York and London – were saved by billions in drug money in 2008?”?
      https://www.globalresearch.ca/disclosure-and-deceit-secrecy-as-the-manipulation-of-history-not-its-concealment/24886

    26. raviuppal4 says:

      The pervasive tension in global affairs at this moment in history is due to the impending collapse of the monetary and financial structure, from debt which can only be serviced by further borrowing at interest within the western financial system. Western currencies are debt-based, and their “value” is maintained by repaying loans at interest. The US interest rates have been above the rates of growth of the real economy since at least 1979. This has hollowed out the productive economy, much of which was moved to countries with low wages for labor and lax pollution laws. The collapse of the system is now hastened by the freezing of $300 billion in Russian assets, a caution to Saudi Arabia, China and others.

      Countries are winding down dollar debts and investments as they build alternative trade arrangements in local currencies, gold and new exchange systems. The “owners” of the debts, their “assets” have come to this position by creating money through fractional-reserve creation, while requiring repayment in actual goods and at interest. With the collapse of the current system, as currently structured, the holders of derivatives-contracts will seize all assets, even though they have been “gambling with other people’s property”.

      Structuring the seniority of “rights” to property this way stabilized the financial system temporarily after 2008-2009, but it created an inevitable crisis, a political crisis, founded upon the injustice of this structure, when the derivatives crisis does inevitably occur. The injustice of the ownership structures is unknown to most, but is well-established. However, the US and other western countries cannot expect to carry it out, because people will just not accept it.

      Other emergency powers for global finance are sought through the WHO Pandemic Treaty and IHR (international health regulations) amendments, though public awareness has been raised, and elected representatives are beginning to see how bad these regulations would be if accepted.

      This leaves World War-3 as the special emergency to justify the kinds of emergency powers needed to maintain control of the world through such blatantly unjust machinations.

      There are reasons to avoid world war-3, even for large-portfolio globalist owners, who are also mortal, and who only have wealth within the context of stable and productive industrial societies. There is no ideal choice for even elite globalist dynasties, but they have gone through world wars before. In those wars they generally increased their wealth and power, which is not possible in the same way as industrial economies are at the brink of a long decline, due to increasing costs of fossil-fuels and mineral ores, while their quality and availability decline.

      In my view WW-3 will be broadly destructive of real wealth and manufacturing capacity, while the globalists stand to lose “ownership” to different “owners” aligned with the “winning” side, which would not be the “collective west”, already floundering to under-supply the proxy-war in Ukraine, and surprisingly failing to prevail victoriously against starving Palestinians in the rubble of Gaza and the West Bank.

      So western globalist owners can choose to invest in BRICS+ and Eurasian Economic Union, and expect a reduction in standing, or they can sign on to some kind of controlled-demolition of WW-3, which would turn against them if it got out of hand, because Russia holds a great military advantage, and China holds a great manufacturing advantage.

      My hope on this physical plane is that each day WW-3 is deterred and delayed until it becomes completely unattractive, or unfeasible for the elite globalist dynasties.

      https://drjohnsblog.substack.com/p/how-much-is-enough

      • Dennis L. says:

        Nice summary.

        Dennis L.

      • drb753 says:

        Civil war in the US would solve a lot of global problems.

      • This is the problem we are up against:

        “Russia holds a great military advantage, and China holds a great manufacturing advantage.”

        The financial system somehow has to be tied into the real world situation. I hope that we do not encounter WW-3, to try to fix the situation.

    27. Dennis L. says:

      I don’t always agree with this site, but I think we got this one right.

      https://www.zerohedge.com/political/ex-cnn-host-chris-cuomo-reveals-covid-vaccine-injury-im-sick-myself

      Megyn Kelly mentioned she has autoimmune issues now.

      “And I went to the best rheumatologist in New York, and I asked her, do you think this could have to do with the fact that I got the … booster and then got COVID within three weeks? And she said yes. Yes. I wasn’t the only one she’d seen that with,” Ms. Kelly continued.”

      There some things not even money, beauty and fame can purchase. As in one of the Indiana Jones movies, Walter Donovan drinks from what he believes to be the Holy Grail, it went poorly and the guardian made the comment, “He chose poorly.”

      We chose well so far.

      Dennis L.

      • Tim Groves says:

        Chris Cuomo, who I remember pushed the jabs hard on CNN, now announces he is vaxx injured.

        https://www.thegatewaypundit.com/2024/05/disgraced-ex-cnn-anchor-chris-cuomo-who-pushes/

        • Student says:

          Start talking about less severe adverse events about Covid vaxes is a a way to dilute the iceberg slowly.
          Be sure that no one will appear on tv in an interview about his/her own sudden death or about his/her own cancer death caused by this (little unfortunate) event.

          • Dennis L. says:

            “Be sure that no one will appear on tv in an interview about his/her own sudden death or about his/her own cancer death caused by this (little unfortunate) event.”

            Pretty funny, pre recorded perhaps. We are learning to discuss troubling issues without rancor and a bit of humor.

            Dennis L.

      • Adonis says:

        Yes Dennis anyone who avoided the mrna’s has chosen well the plan was quite obvious a shortened lifespan and the economy gets boosted during lockdown will the elders take this action again I believe they will

    28. Ed says:

      The next wave of Palestinian slaughter has begun in Rafah.

      • MikeJones says:

        To date, more than 31,184 Palestinians have been killed and 72,889 injured, according to the local health authorities. As of 12 March, 247 Israeli soldiers have been killed in Gaza with 1,475 injured since the start of the ground operation, Israeli army data shows
        https://turkiye.un.org/en/263401-gaza-number-children-killed-higher-four-years-world-conflict#:~:text=To%20date%2C%20more%20than%2031%2C184,to%20the%20local%20health%20authorities.

      • blastfromthepast says:

        Not to mention this thing happens if you dont get food and clean water for months it’s called death. If someone was to lock up their family and not give them food and water, they would lock him up for the rest of his life. I dont see much difference. Frankly I find this event extremely distressing and find myself losing hope in humanity.

      • Ed says:

        Israeli warplanes pounded targets in the Palestinian city of Rafah on Monday night, hours after the Israel Defense Forces (IDF) warned civilians in the area that it was preparing to strike the city with “extreme force.”

        https://www.rt.com/news/597091-israel-airstrikes-rafah-gaza/

        Will this start a global pogrom?

        • Ed says:

          Rafah is currently home to around 1.4 million Palestinians displaced from northern and central Gaza, and the UN has warned that an Israeli invasion would be a “catastrophe” for these civilians.

          Amid fierce condemnation from the US, EU, and scores of other countries and international organizations, Netanyahu vowed last week to press ahead with the operation.

          • Mike Jones says:

            CNN

            Northern Gaza is experiencing a “full-blown famine” which is rapidly spreading across the strip after almost seven months of war, the World Food Programme warned, as negotiators meet in Cairo in hopes of agreeing a ceasefire in the conflict raging in the territory.

            The remarks have brought into sharp focus the scale of the humanitarian catastrophe unfolding.
            It’s horror,” she said of the situation in Gaza. “It’s so hard to look at and it’s so hard to hear.”
            Half of Gaza’s population is projected to face catastrophic hunger by mid-July, with all 2.2 million people unable to meet their food needs.

            • Ed says:

              Who is “she”?

              Our safe space called US is hearing whispers of horror. It so hard on us to look at, to hear. Silence the voices.

              • MikeJones says:

                Hit the link and read the full article for she…I can only copy so much…

      • The whole Palestine situation has been bad for a very long time. Jewish people were resettled in a land that was already full of people. What possibly could go wrong?

        The Israelis were a whole lot wealthier than the Palestinians. Water supply was short. Israelis took a disproportionate share of the water, and the better farmland.

        Both Israelis and Palestinians have had high birth rates. This has made the “too much population for resources” problem worse.

        Energy resources are scarce. Most fossil fuel resources must be imported. There are some natural gas resources offshore, that probably rightfully belong to the people of Gaza, but Israel would like to control. This doesn’t get in the press much, but it could be part of the problem.

        There is not enough electricity for the combination of Israel and Palestine. Palestine has been shortchanged. (I visited Palestine in 2019.) Having natural gas could help fix this situation, at least for a while.

        The US is strongly pro-Israel, partly because many of the Religious Right feel that Israel is important for Christ to come again, and partly become there is a strong Jewish influence on the Left. It becomes hard for the US to do anything except support whatever Israel want now.

        The situation is sad. Too many people for resources.

      • blastfromthepast says:

        About 50% of Gaza got injected. Jordan Kuwait and Saudi had higher rates of injection hesitancy.

        https://conflictandhealth.biomedcentral.com/articles/10.1186/s13031-022-00477-7

        https://www.mdpi.com/2076-393X/9/1/42

        “In the whole study sample, the prevalence the beliefs that COVID-19 is a man-made virus was 59.5% (n = 2031). Slightly more than 40% of the study respondents believed that COVID-19 is a man-made disease made to force everyone to get the vaccine (n = 1376), and more than one-quarter of the respondents believed that the COVID-19 vaccine is a way to implant microchips into people to control them (n = 947, 27.7%). In addition, 23.4% of the respondents stated that COVID-19 vaccines will cause infertility (n = 800, Figure 2).

        Regarding beliefs in vaccine conspiracy, comparisons were made between Jordan and Kuwait, since they had the highest response rates (Table 3). The respondents from Kuwait showed higher beliefs of the following compared to those in Jordan: an artificial origin of the virus, that the disease was man-made to enforce vaccination, microchip implanting and infertility claims (Table 3).”

    29. Mike Jones says:

      Small reactors don’t add up as a viable energy source
      https://cosmosmagazine.com/science/engineering/small-reactors-dont-add-up/
      SMRs are defined as nuclear reactors with a power output of less than 300 megawatts of electricity, compared to the typically 1000 to 1,500 megawatts power capacity of larger reactors.

      Proponents assert that SMRs would cost less to build and thus be more affordable.

      However, when evaluated on the basis of cost per unit of power capacity, SMRs will actually be more expensive than large reactors.

      This ‘diseconomy of scale’ was demonstrated by the now-terminated proposal to build six NuScale Power SMRs (77 megawatts each) in Idaho in the United States.

      The final cost estimate of the project per megawatt was around 250 percent more than the initial per megawatt cost for the 2,200 megawatts Vogtle nuclear power plant being built in Georgia, US.

      Previous small reactors built in various parts of America also shut down because they were uneconomical.

      The high cost of constructing SMRs on a per megawatt basis translates into high electricity production costs
      ,,,,
      Nuclear energy itself has been declining in importance as a source of power: the fraction of the world’s electricity supplied by nuclear reactors has declined from a maximum of 17.5 percent in 1996 down to 9.2 percent in 2022. All indications suggest that the trend will continue if not accelerate.

      The decline in the global share of nuclear power is driven by poor economics: generating power with nuclear reactors is costly compared to other low-carbon, renewable sources of energy and the difference between these costs is widening.

      READ MORE
      ENERGY
      Explainer: What is a small modular nuclear reactor?
      Nuclear reactors built during the last decade have all demonstrated a pattern of cost and time overruns in their construction.

      • Somehow, every reactor needs 24-hour per day protection. This adds to the cost.

      • ivanislav says:

        Fine, fine, but why are they so expensive and is the cost a question of materials, or incompetence? Do other countries make it work cost effectively? One can’t really form an opinion without knowing this.

        • MikeJones says:

          A vast subsea nuclear graveyard planned to hold Britain’s burgeoning piles of radioactive waste is set to become the biggest, longest-lasting and most expensive infrastructure project ever undertaken in the UK.

          The scheme has been delayed for so long that Britain now needs to excavate tunnels through 36 square kilometres of rock to create the massive underground caverns that will hold radioactive waste accumulated through seven decades of civil nuclear power.
          The project is now predicted to take more than 150 years to complete with lifetime costs of £66bn in today’s money, according to the latest estimates from scientists at Nuclear Waste Services (NWS), the government-owned company designing the project.

          That price puts it at or close to the top of the table for giant UK infrastructure projects. It compares with £46bn for Hinkley Point C nuclear power station and about £60bn for the HS2 London-Birmingham rail line – the UK’s two biggest construction projects to date.

          Neil Hyatt, NWS’s chief scientific advisor said: “We’ve had 70 years of nuclear activities in the UK, mainly civil nuclear but also defence and industrial nuclear. That’s generated a lot of waste – forecast to be 750,000 cubic metres by the time the store is built. So yes, it’s going to be big.”
          https://www.telegraph.co.uk/business/2024/05/05/66bn-nuclear-graveyard-became-expensive-challenge/

          Suppose that answers part of it Ivan

          • ivanislav says:

            I don’t believe it. Just drop it in a subduction zone or Lake Baykal. Just another money laundering scam.

            • Mike Jones says:

              Ahh, rather toss it all over in the Meadowlands in the State of New Jersey…my home ..
              We would shake it off…

              • blastfromthepast says:

                Yah. Just like the old love canal days when you could buy a hazardous waste disposal license for $25 no questions asked.

                Two countries with nuclear weapons is MAD mutually assured destruction. One country with a nuclear power plant is SAD singulairily assured destruction.

          • Peter Cassidy says:

            If the nuclear industry produced bananas as a waste product, they would need to be disposed of in an absurdly over engineered repository like this. In the mean time, millions of tonnes of toxic coal ash are left in ash lagoons leaching arsenic and mercury into river water and poisoning marine ecosystem. Why no £60bn repository for the coal ash?

            Here is a crazy story. At Sellafield there are open air magnox fuel storage ponds. In the 1970s during a period of industrial action, operators lost control of the pH of the pond. The fuel cladding corroded and the pond ended up being filled with magnesium hydroxide sludge contaminated with fission products. Seagulls would settle on the pond and then fly off to surrounding towns. Sellafield actually hired a bloke to shoot the seagulls and bag them as low level waste. They really thought that was a sane and sensible thing to do.

            Radioactive materials are toxic. You shouldn’t sprinkle them on your cornflakes. But people need to get real when it comes to relative risk.

            • David says:

              The coal ash is used in making some modern concrete, partly substituting for cement. PFA used to be a waste product but slowly acquired a value.

        • ivanislav says:

          PS it’s a bunch of pipes, turbines, and the like. Not much different from many chemical plants or oil refineries, I would think. We’ve had 80-90 years to refine the technology and construction process, so if we’re still running into serious problems, it’s a matter of industrial and scientific regression.

          • MikeJones says:

            Easy peazy…probably the big chuck is building the reactor itself and all parts associated with it.
            I know marine and aviation parts are expensive..
            Just imagine glow in the dark ones that can kill you just by being near them

          • We don’t have the industrial supply capability any more is part of the problem. If we want good quality steel, we need to import it from China. (This is a problem for drilling pipes for oil, also). We do make steel, but it is the kind that can be made by recycling used steel products, like used cars. It has impurities. We use electric arc furnaces, but they are designed to only to heat to the temperature of recycled steel.

            There seem to be fine tolerances involved, too, and a lot of concrete. There have been a lot of changes in specifications, even after building started of nuclear reactors, in the hope that changes that were made would prevent accidents that now appear possible, based on the Fukushima accident and other recent accidents.

          • Adonis says:

            I’m afraid the elders know that mad max will be upon us very soon nuclear is probably toast check out this interesting tidbit I found a while back I believe that this scenario will be upon us shortly Sun 15 Nov 2020, 07:46:16

            I know someone… ministerial advisor… attends Davos and they spooked me 2 weeks ago… they said they’re going to let the banks fail… and they’re trying to work out which industries to save. I was told to get out of the stock market, get out of debt and buy property so you survive the coming currency reset. I don’t believe the currency is going to be convertible. They said we’re going back to a “more Bear Grylls” way of living… The time frame I’m working to is March – November ’21.
            warpig13
            Wood
            Wood

            Posts: 47
            Joined: Sat 14 Nov 2020, 21:54:47

            .

            • Mike Jones says:

              November 2021….OK…
              Maybe November 2024, or 2025?
              Probably, 2025, after the Presidential election

      • postkey says:

        “The Westinghouse AP300™ Small Modular Reactor is the most advanced, proven and readily deployable SMR solution. Westinghouse proudly brings 70+ years of experience developing and implementing new nuclear technologies that enable reliable, clean, safe and economical sources of energy for generations to come.
        Our AP1000® reactor is already proving itself every day around the globe. Currently, four units utilizing AP1000 technology are operating in China, setting performance records. Six more are under construction in China and one AP1000 reactor is operating at Plant Vogtle in Georgia while a second nears completion.” ?
        https://www.westinghousenuclear.com/energy-systems/ap300-smr/twclid/2-12i1qwjigi51ns54gt8fwic8o?utm_campaign=westinghouse&utm_medium=social-p&utm_source=twitter

      • Peter Cassidy says:

        The high construction cost of nuclear powerplants in western countries is due to regulatory ratcheting after the three mile island incident. In the 1970s, light water reactors were constructed in 3-5 years in the US and capital costs were as little as $1000/kWe in modern money.
        https://www.sciencedirect.com/science/article/pii/S0301421516300106

        Since then, costs and build times have exploded. Few nuclear reactors have been built since TMI and this compounds the problem, as nuclear power plant components have no economies of scale and there is no extant manufacturing experience in building them. It has become progressively more time consuming and costly to build nuclear reactors in western countries.

        The problems are institutional, not technological. And it is unlikely that we will find a technological solution to a politics based problem. There are just too many people in positions of power that want this technology to fail because it does not fit with their political ideology. People with an emotional fixation with renewable energy (most of the left) see nuclear power as a threat to their pet solutions. And frankly it is. If we could build NPPs for $1000/kW, no one would be building wind turbines or photovoltaic powerplants. Nuclear power must be crushed if these things are to have any presence in the electricity market.

        • There are articles about the two different costs of nuclear power. One cost was the cost when the simplest nuclear power plants were built. Then there were much higher costs, especially in some of the Advanced Nations, when they tried to build much “safer” nuclear power plants.

          As I keep saying, wind and solar are a major threat to nuclear. They are given the privilege of going first. Other providers get very low wholesale electricity rates. When demand for electricity is low (spring and fall, and weekends), wholesale electricity rates for nuclear are often negative.

    30. Zemi says:

      Another video from The Why Files. Well presented, apart from the brief comic (?) interventions from the Hecklefish. The presenter starts off by telling us about Nikola Tesla’s interest in wireless technology, then leads into the pyramids-as-power-plants theory. He mentions the strong erosion at the base of the pyramids, which he (and some others) maintains could only have been caused by torrential water flows. Here we are back at the “ancient cataclysm” legends, which presumably inspired the Biblical great flood story.

      To hear his succinct theory of what happened, start at the 18:50 mark. Well argued and worth watching if you have an open mind. He does stress it’s just a theory, though a logical one.

      TESLA KNEW The Secret of the Great Pyramid: Unlimited Energy to Power the World

      • blastfromthepast says:

        Tesla udoubtedly had a uncanny understanding of electrical energy. In particular his understanding of how harmonics resonance and cascading waves could create effects greater than the sum of individual characteristics was absolutely astounding. Every single electron he had fetch and play dead was derived from either petrochemical powered mechanical energy or hydroelectric mechanical energy.

        The desire to live on this planet with minimum impact is something I admire. It reflects our deep need to connect with the planet and our environment. If these admirable qualities sometimes lead to some fantasizing no big deal. We are all entitled to our fantasies.

      • postkey says:

        Any ‘evidence’ of ‘the great flood’ in the Grand Canyon?

    31. blastfromthepast says:

      Good thing the black stuff is hard to store.

      https://www.visualcapitalist.com/the-gold-oil-ratio-160-years/

    32. Mike Jones says:

      Just for amusement….we believe what is comfortable..
      Unlimited Growth, Forever
      https://www.aier.org/article/unlimited-growth-forever/

      Illustration: oil. Thirteen years ago, Camilla Ruz for The Guardian enumerated six natural resource scares to pay attention to, of which oil was one. Dire predictions like these are a dime a dozen in the environmentalist world, and no matter how publicly or unequivocally they are disconfirmed by reality, they pop up with renewed vigor a few years later. At the time we had some 46 years’ worth of oil reserves left; that is, at the prices, consumption rate, and technology of 2011, humanity would run out of oil by the late 2050s.

      With a billion more people on the planet since then, having suitably burned some 386 billion barrels of oil in the intervening years, we now have… drumroll…48 years’ usage in global proven reserves; Humanity will now last until the 2070s before its (supposedly limited) reserves of oil run dry. Disaster avoided.

      The price system, profit-hungry entrepreneurs, and optimizing consumers are pretty good at remedying scarcities when they emerge. If there isn’t enough oil, gas, wheat, gold, nickel, or copper for current human processes, the (real) price of those commodities rise; extracting businesses dig deeper or explore further, and consumers substitute away from the expensive commodity, or we recycle the metals that forever remain with us into something new. Higher prices mean that lower-quality ores are now worth mining, more inaccessible sources and geologists’ best guesses for where we could find more worth exploring. The outcome over decades and centuries is that “prices of resources are declining because more people means more ideas, new inventions and innovations,” according to Tupy and Pooley.

      That we do not run out is the powerful lesson of both the history of resources and the theory behind their economic uses: Our minds and the black box of nifty ways to improve the world aren’t limited. We don’t run out; We simply find more.

      Fine with me…but the 2030s are going to be brutal, or is it the 2040s, maybe 2050s

      • Or maybe the model these folks are using is wrong. The problem is not running out, it is extraction too little per capita. That problem is likely to come long before “running out.” You then have a problem of people fighting over what is available.

        • MikeJones says:

          Like you have pointed out to us all..
          Everyone likes to hear a happy ending…sells better to the mass audience…this one is no different .
          I will add, some believe wholeheartedly that we are advancing and progressing and will always find a way…

          • Dennis L. says:

            Realism is good, but if you consistently look at the ground you will miss the opportunities which come along.

            Life appears to be 80/20, only 20% will yield good results, that is 1 out of 5. Too much gloom and you miss the winner.

            Dennis L.

            • Mike Jones says:

              Better yet..hedge your bets and play both sides of the issue and you can’t lose.

              • Dennis L. says:

                Not trying to be a know it all. Basically if the bets are done in a manner which limits losses, the overall result is positive; not sure if hedging with say puts/calls would work. There is always friction.

                Dennis L.

              • MikeJones says:

                That’s what Marcus Aurelius wrote in his writings about S#X act..
                There is always friction..
                Next,…

    33. Rodster says:

      “Where Unsold EVs Go To Die: Belgium’s Ports Drowning Under Glut Of Chinese Imports”

      https://www.zerohedge.com/economics/where-unsold-evs-go-die-belgiums-ports-drowning-under-glut-chinese-imports

    34. blastfromthepast says:

      Hey I’ll take one!
      For 5k.
      Charge off PV
      Gasser for long runs
      I’ll even pick it up at long beach
      https://www.zerohedge.com/economics/where-unsold-evs-go-die-belgiums-ports-drowning-under-glut-chinese-imports

      • If you can buy it inexpensively enough, use it as a second or third car.

        • blastfromthepast says:

          What is needed I’s robust photovoltaic panels on all horizontal surfaces of the vehicle that can be locked down and areodynamic during movement but can be moved up while the car is parked to provide charging. Even small bumps are very advetagous to batteries compared to running them down into the depletion zone and the 1000 or so watts the surface provided would extend both range and battery life. It would easily provide a full charge during atypical 8 hour day at the office or plant with even intermittent charge. A half hour bump is amazingly beneficial compared to running down into depletion. In many locations this would eliminate the charging infrastructure and grid cost of the energy. Photovoltaics have DC output and while a current not a voltage source are very compatible with battery charging needs.

          • In the winter? In rain? Under snow? When the only parking is in a garage?

            • blastfromthepast says:

              It depends where you live. It will surprise you. A 1800 watt array will often be bringing in 400watts on a overcast day with the sun totally behind clouds. Snow when on the ground reflects energy back into the panels and panels sometime collect 50% more than rated.

              Where I live there are a lot of sunny days. Over 300 a year on average. It might not work in all climate
              Of course you cant rely on the sun every minute. That’s not how living off grid works. Your grabbing what comes your way it adds up. It’s like living on the beach and seeing what the tide brings in. It always brings in something. You grab a piece here a piece there always looking for a battery bump.

              In the scenario I postulated if your charge would not get you home from work or you had a cloudy day you would need a backup power source. DC chargers are inexpensive and well engineered nowadays. The power semiconductors they manufacture nowadays are extremely reliable. A good 750w ebike charger is easily under $100. Of course not all jobs would be flexible to let you plug into a 120v outlet but many would especially on a intermittent basis.

              You could of course run a small 1500 watt honda clone generator. I do that for my home when there are several cloudy days in a row.

              Along with these solutions the reality would be on days of no sun you would operate a gas powered vehicle.
              Living off grid is never as convenient as living on grid. It takes technical knowledge and you have only the power available to you that your array collects. It is like any chore or maintenance like doing laundry or something.

              If you want the clothes clean you throw them in the washer. If you want power you make sure your batteries are getting a charge from somewhere. In a gas vehicle if you dont want to be stranded you stop and get gas.

              An EV Is never going to be as convenient or reliable as a gas vehicle. The motor is of course more reliable than a ICE but batteries and charging not so much. I think PV panels and the options I mentioned would be way more versatile than being dependent on a charging station. If nothing else why you would not have your own charger and just plug into 120v instead of being limited to charging stations is beyond me. The only way I would be interested would to be getting the lions share of the power from PV. I would enjoy getting my transportation needs met from the sun.

              Of course it’s all fantasy because I will never be able to afford a ev. 5k probably wont buy the battery pack.

      • Agamemnon says:

        Although they’re cheap in China those prices would destroy big auto. Seeing how they can be mass produced cheaply is an eye opener so it must be stopped now before people get the idea that it could solve some of the transportation problems.

        In a short trip niche market they would cut gas consumption( If they were strategically charged at off peak). Also coal plants are being stupidly shut down so forget that idea.

        Nobody’s serious about ev’s because there isn’t comprehensive planning & even if there was it would be hard to implement successfully.

        There’s no interest in solving the energy problem.

    35. Rodster says:

      It could not have happened to a better poster boy for Big Pharma!

      “Vaccine pusher Chris Cuomo comes down with Vaccine health injury”

      https://www.paulcraigroberts.org/2024/05/06/vaccine-pusher-chris-cuomo-comes-down-with-vaccine-health-injury/

    36. I AM THE MOB says:

      HUMANE (2024)

      HUMANE takes place over a single day, mere months after a global ecological collapse has forced world leaders to take extreme measures to reduce the earth’s population. In a wealthy enclave, a recently retired newsman has invited his grown children to dinner to announce his intentions to enlist in the nation’s new euthanasia program. But when the father’s plan goes horribly awry, tensions flare and chaos erupts among his children.

      Acclaimed Canadian photographer (and carrier of the infamous Cronenberg gene), Caitlin Cronenberg dipped her toes into (well longer than one minute) directing with the dystopian horror noir “Humane”. The film is set in a world where overpopulation requires all governments to meet a culling target and the US opted for voluntary culling against payment. A dilemma develops when through a series of events four siblings are required to decide which one of them should be “culled”. Events start to play out with some very cool gore and more than decent acting. The facial expressions captured in unobtrusive detail truly enhanced the “noir quality” of the film, but certain scenes were somewhat over-the-top resulting in almost slapstick comedy. All and all an enjoyable film. 6.5/10.

      https://www.imdb.com/title/tt16280912/

      https://www.rottentomatoes.com/m/humane

      • A strange story to think about.

        Back in hunter gatherer times, I expect that parents were much less willing to “coddle” underperforming children. Handicapped children, or ones that didn’t follow the rules, would be somehow thrown out, if they could not fit in with the group.

        There has been a long-term issue of too many surviving children, leading to population growth exceeding growth in available resource. I know that witch doctors in Madagascar would teach new mothers who had multiple births to pick out the strongest baby, and only nurse that baby. This would make good sense, in a world without prepared formula.

        • Dennis L. says:

          That is biology, my theory is we have religion in part to help us deal with tragedy and also to treat each other more gently than biology might dictate.

          I like the Yiddish proverb, probably not exact but close: “Lord make my son’s life hard enough to make him strong but not so hard as to break him.”

          This is a hard world, and it is getting harder, but it is still a beautiful one with much to thankful for; the trick is to change what you can, accept what you cannot and have the wisdom to know the difference.

          Our political leaders in the US seem to be having a hard time accepting that last idea.

          Wondering how many woman witch doctors there were.

          Dennis L.

      • TL, dr, Caitlin wants her grand old man go so she can enjoy his fortune.

        • blastfromthepast says:

          Welcome to Miami.
          If Ukraine was the wild wild west Moldova was even wilder Mexico.
          Miami isle of misfit oligarchs.
          https://news.mongabay.com/2020/03/fields-of-gold/

          • Dennis L. says:

            “. By the early 2000s, however, the little-known company Drukker built, the WJ Group, began to tear itself apart — but not before he and his associates secreted away millions of dollars in Miami and New York real estate through a sprawling web of shell companies”

            Millions are trivial amounts of money, wealth is built by businesses which employ people, talent.

            Dennis L.

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