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Blowout Week 198

Blowout Week 198 This week we feature the UK’s just-published Clean Growth Strategy, which finally gives the UK a defined energy policy. Or does it? One of the two follow-up articles describes it as “next to worthless”. We continue with our usual mix of energy-related stories, including oil in Brazil; China’s shale oil reserves; Russia […]

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Britain to Criminalize Reading Online Extremist Content

Britain to Criminalize Reading Online Extremist Content  Like America, Britain is unfit and unsafe to live in – both countries police states, serving privileged interests exclusively, allied in waging wars OF terror in multiple theaters, along with abolishing fundamental homeland freedoms. The latest civil rights abuse came from hardline home secretary Amber Rudd. She’s spearheading […]

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Canada to Deliver Severe Blow to Relations with Russia

Canada to Deliver Severe Blow to Relations with Russia On June 12, 2017, Russia and Canada marked the 75th anniversary of the establishment of diplomatic relations. The relationship has rarely been worse. The two nations spoke even at the height of the Cold War. Now there is almost no dialogue, especially since Canada joined the US and […]

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The Pension Storm Is Coming To Europe—It May Be The End Of Europe As We Know It

The Pension Storm Is Coming To Europe—It May Be The End Of Europe As We Know It I’ve written a lot about US public pension funds lately. Many of them are underfunded and will never be able to pay workers the promised benefits—at least without dumping a huge and unwelcome bill on taxpayers. And since […]

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UK offshore wind capacity factors – a semi-statistical analysis

UK offshore wind capacity factors – a semi-statistical analysis The average capacity factor at 28 operating UK offshore wind farms is 33.6% (most recent 12-month average) and 34.5% (lifetime), increasing to 36.1% and 37.5% when four demonstration projects are discarded. There is a dependence of capacity factor on age, with older farms showing capacity factors […]

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Aston Martin CEO: UK Fossil Fuel Ban “Meaningless”

Aston Martin CEO: UK Fossil Fuel Ban “Meaningless” British performance carmaker Aston Martin’s chief sees his country taking a very unrealistic approach to dealing with air pollution. The UK government’s July announcement that it will be banning the sale of petrol- and diesel-powered vehicles by 2040 is “meaningless” to Aston Martin CEO Andy Palmer. Government […]

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Pound Flash Crashes After Moody’s Downgrades UK To Aa2

Pound Flash Crashes After Moody’s Downgrades UK To Aa2  In an otherwise boring day, when Theresa May failed to cause any major ripples with her much anticipated Brexit speech, moments ago it was Moody’s turn to stop out countless cable longs, when shortly after the US close, it downgraded the UK from Aa1 to Aa2, […]

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Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms

Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms   There is a £1 trillion debt time bomb hanging over the United Kingdom. We are nearing the end of the timebomb’s long fuse and it looks set to explode in the coming months. No one knows how to diffuse the £1 trillion bomb and […]

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Next Brick to Drop on UK Economy: Housing Bubble Deflates

Next Brick to Drop on UK Economy: Housing Bubble Deflates London home prices are already tanking, as demand sags. The symbiotic sectors of construction and real estate have been a vital engine of economic growth in the United Kingdom for decades, but that could be about to come to an end. In the words of […]

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Something is Broken in the UK Intellectual Sphere.

Something is Broken in the UK Intellectual Sphere. The BBC did some kind of educational cartoon on Roman Britain and represented “diversity” in terms of someone looking African in the show as representative of “diversity” at the time. The BBC was effectively applying quotas retroactively (I mean, really retroactively). Any dissent from the statistical errors […]

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“Massive Cyberattack” Spreads Across Europe, Hits Ukraine, Russia, UK, Denmark

“Massive Cyberattack” Spreads Across Europe, Hits Ukraine, Russia, UK, Denmark Update 2: RUSSIAN CENBANK SAYS AS A RESULT OF ATTACKS THERE HAVE BEEN ISOLATED CASES WHERE IT SYSTEMS INFECTED * * * Update: in addition to the below listed companies, all of which appear to have been targeted in the global cyberattack including Russia’s Rosneft […]

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Images Of British Troops Deployed In London

Images Of British Troops Deployed In London As Prime Minister Theresa May promised, troops have been deployed to guard “key  locations,” including the Palace of Westminster, several embassies and “other sensitive sites,” in London and other British cities, the Evening Standard reported. The mass deployment follows Monday’s attack at Manchester Arena, which killed 22 kids […]

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Should People Trust CBS, ABC, NBC, NYT, WP, WSJ, BBC, AP, etc.?

Should People Trust CBS, ABC, NBC, NYT, WP, WSJ, BBC, AP, etc.? The following facts were established and published in obscure places in 2002, well before the U.S. and UK invaded Iraq, but did you know them, from the news-reports you saw, at that time, before we invaded, on that day which will forever be […]

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Blowout Week 172

Blowout Week 172 In this week’s Blowout we return to Brexit and its  impacts. It is now reported that following Brexit the UK will “scale down its concern over climate change” and scrap the EU’s 15%-of-total-energy-from-renewables-by-2020 target. Can outright repeal of the 2008 Climate Change Act be far behind? Telegraph: Britain preparing to scrap EU […]

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Inflation To Rise – We expect UK, ECB and US Policy to Diverge

Inflation To Rise – We expect UK, ECB and US Policy to Diverge Purely for geopolitical reasons, namely frustration at the failure of the governments of individual member states to respond to repeated calls for “structural reforms”, your authors had taken the view in recent months that the ECB might increase interest rates this year. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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