Well I never.............
There are now just six working nuclear power stations left in Britain. All are scheduled to close by 2035.
Z.
Well I never.............
There are now just six working nuclear power stations left in Britain. All are scheduled to close by 2035.
Z.
Some guys (retired) have had a look at the cost of wind, solar and storage costs for New York.
The official 'scoping plan' say about $310 Billion, One retired guy says $4 Trillion and another retired guy say $30 Trillion
So which is it?
More Focus On The Impossible Costs Of A Fully Wind/Solar/Battery Energy System – Watts Up With That?
Why would we want to follow a false doctrine such as climate change denial, promoted by those in the fossil fuel industry, who would like to keep things just the way they are?
Evidence of climate change keeps piling up. But it suits many people to deny that it exists.
Who's denying the climate is changing, I'm not. I just contest thats mam made co2 is not the control knob.
It's the alarmist bs that gets my goat. And there is plenty of it.
Eg David Attenborough alarmist properganda on Netflix and the BBC about Walrus falling off cliffs as an exampe of climate change.
It suits even more people to allow the real science to be no-platformed and conveniently buried. A whole global industry has grown up around this, much in the same way that Health & Safety has. The Green lobbies are making billions off the backs of bad science and ignorant Governments who have been sold the woke ideal of something for nothing.
Great so long as the lights stay on during a windless sunless day.
Lots of feel-good virtue-signalling won't keep you warm and fed.
Oh it gets worse, the latest missives are complaining about domestic animal faeces and urine contributing to global warming and the death of diverse ecosystems. I kid you not! Some mad scientists in Ghent have come up with this one.
They seem to forget that wild mammals and birds also defecate and urinate too!
Just to follow the money, as suggested, here are the energy companies by market capitalisation in 2021 from https://www.statista.com/statistics/263264/top-companies-in-the-world-by-market-capitalization/ (Statista is the German government statistics agency). Here are those in the top 100 by market capitalisation.
3. Saudi Aramco 1.9tn
36. ExxonMobil 239bn
59. BHP 186bn
now comes the first "renewable/sustainable" energy company:
73. NextEra Energy 159bn
78. Royal Dutch Shell 152bn
now another company which engages in "renewable energy" engineering, although most of their work is in other things:
89. Siemens 140bn
92. Rio Tinto 135bn
So the totals are
* fossil-fuel extractive industries: 2.6tn
* renewable/sustainable energy companies: around 200bn (here, I am assuming 40bn for Siemens renewable-energy efforts, which may be too large. I can check).
The fossil-fuel extractive industries are thus a factor of 13 above renewable-energy in market capitalisation in 2021.
Follow the money indeed.
We need much more coal, gas and oil extraction to keep up with demand. A temporary windmill in the North Sea just won't ever be able to suffice, and nor will a solar panel unless you live in the Sahara desert. We are currently sitting upon thousands of tons of coal in the UK. Funding needs to redirected to coal extraction and processing. To placate the green extremists we could invite them to come up with some 'Green coal' initiatives. If the money is there for fanciful windmills which don't produce on a windless day, then it is also available to develop clean coal technology, which was sadly and recklessly abandoned back in the mid 1990s just when it was on the cusp of getting somewhere.
Similarly, why should we put ourselves in thrall to Mr Putin's gas taps (in the same way Germany has - Mr Schroeder has made a few bob at Gazprom hasn't he - follow the money!) when we have our own gas resources in the North Sea to extract?
We need much more coal, gas and oil extraction to keep up with demand.
Can you produce an argument, with calculations, to justify this assertion? Let us call it whj Point Number 2.
I followed the money, as you suggested, and it didn't lead where you hinted. It leads, in fact, to the overwhelming financial power of fossil-fuel extraction industries as compared with their sustainable-energy competitors. So that is whj Point Number 1: following the money leads you to fossil-fuel extraction industries with a market value 13 times that of sustainable-energy industries in the Top 100.
Please, let us scrap the vague rhetoric. Let us get down to discussing concrete facts. If this discussion continues, I'll also be asking you basic questions in the science of climate change and the reasoning behind your answers.
Much of the rest of your comments are purely political: "Green extremists"; "Mr. Putin"; Mr. Schoeder" .... I understand why one migrates into politics, but I am not going to follow that line. I am going to stick with the science and the economics.
It may have escaped your notie but since about 1970 we have burnt most of the gas in under the north sea, leaving only the slow and expensive to extract stuff. And of course 'tight gas' under shale, that we can only get to by fracturing the rock to connect very small pockets together. Oil tells a similar story where now, instead of it squirting up under its own pressure, we have to force in tons of seawater per second to drive the oil upwards. Slowly production wells are changed to injectors, and fewer wells remain producers. At some point soon we will push water down and get water out of all the holes coming up. At that point it is time to pack up and go the North Sea was good while it lasted, and it has paid for the prosperity we have had in the last 50 years, but now the party is coming to an end.
Note the rally in production when it became cost-effective to start injection in a big way.
Mike. (graphs on some websites like to show revenues from oil but they are misleading as oil costs more now than it did in the last centurey, so this masks the roll-off.)
How do you feel about the clearing in Germany of 1000 year old forest to make way for a massive wind farm.
Assuming you've heard?
How do you feel about the clearing in Germany of 1000 year old forest to make way for a massive wind farm.
Assuming you've heard?
I think an embarrasiing amount of the "1000 year old" German forest was decimated by acid rain from UK coal burning landing on Germany in the mid 1900s to about 1980. Due to such historic pollution there is sadly very little old forest anywhere, just mono-culture of christmas trees that have grown in the last 50 years or so. Please do not believe all of the most shrill hysteria.
Mike.
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