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Small Nuclear Reactors, a 50s Nightmare Come Back to Haunt Us
Small Nuclear Reactors, a 50s Nightmare Come Back to Haunt Us Photo by Neil H | CC BY 2.0 It’s easy to see why Rolls Royce and other companies in the nuclear engineering business are pushing the UK government finance the development a new generation of ‘small modular reactors’ or SMRs. Whether the project succeeds […]
US May Strike North Korea in November
US May Strike North Korea in November Former US President Jimmy Carter said he would be ready to travel to North Korea for peace talks, if the administration wanted him to go on a diplomatic mission. But President Trump does not appear to be chomping at the bit to grab the opportunity for launching a diplomatic initiative. […]
The UK’s Clean Energy Strategy – and the greens are back
The UK’s Clean Energy Strategy – and the greens are back The UK government’s just-published Clean Energy Strategysupposedly leads the way to the low-carbon future that the 2008 Climate Change Act calls for. But all it actually does is dust off all the old, shop-worn green remedies (smart meters, smart grids, EVs, hydrogen, bioenergy, carbon […]
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 […]
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 […]
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 […]
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 […]
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 […]
Global Retirement Reality
Global Retirement Reality Global Shortfall UK Time Bomb Swiss Cheese Retirement Pay-As-You-Go Woes Lisbon, Denver, Lugano, and Hong Kong Today we’ll continue to size up the bull market in governmental promises. As we do so, keep an old trader’s slogan in mind: “That which cannot go on forever, won’t.” Or we could say it differently: […]
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 […]
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 […]
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 […]
Will EV’s Break The Grid?
Will EV’s Break The Grid? While the UK government has vowed to end the sale of all new conventional gasoline and diesel cars by 2040, as part of a wider plan to fight air pollution, there is talk that electricity demand will lead to a fast and dirty response to a strained power grid. But […]
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 […]
