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Dodging The Gator – What Can Be Done?
Dodging The Gator – What Can Be Done? Photo by Dušan veverkolog on Unsplash Humanity is in overshoot, and a major correction is already underway, something, which will only accelerate even further. A runaway energy crisis, together with resource depletion, climate change and ecosystems collapse will upend centuries of growth and prosperity. But what does that mean on […]
This Energy Crisis Is Here To Stay
This Energy Crisis Is Here To Stay …and can potentially become highly explosive Photo by Luke Jernejcic on Unsplash When it comes to energy these years, bad news seem to be popping up like mushrooms on a shiitake-farm. A recent flurry of articles on “The No. 1 Source for Oil & Energy News”, Oilprice.com, is a case in […]
Say M for Magic!
Say M for Magic! Simon Sinek, Underpants Gnomes and the Energy Transition Photo by israel palacio on Unsplash One of the goals of this blog — beyond making an attempt at giving a technical explanation on how this iteration of a technological civilization works, and why it is inherently unsustainable — is to explore the thought patterns we […]
Europe’s Energy Troubles Continue: Hydro And Nuclear Output Declining
Europe’s Energy Troubles Continue: Hydro And Nuclear Output Declining Europe’s hydro and nuclear output is declining, leading to mopre energy troubles. Renewables are struggling to fill the gap as wind and solar output increase. The EU may require increased LNG imports from the US to meet energy demands. Last year, Europe was on the brink […]
MIT Study: Nuclear Power Shutdown Could Lead To Increased Deaths
MIT Study: Nuclear Power Shutdown Could Lead To Increased Deaths A new MIT study indicates that retiring U.S. nuclear power plants could lead to an increase in burning fossil fuels to fill the energy gap, resulting in over 5,000 premature deaths due to increased air pollution. Nearly 20 percent of current electricity in the U.S. […]
The Fed Cannot Fix Today’s Energy Inflation Problem
The Fed Cannot Fix Today’s Energy Inflation Problem There is a reason for raising interest rates to try to fight inflation. This approach tends to squeeze out the most marginal players in the economy. Such businesses and governments tend to collapse, as interest rates rise, leaving less “demand” for oil and other energy products. The […]
No, Nuclear Energy Won’t Save Us
No, Nuclear Energy Won’t Save Us Soon to be mementos of a lost age. Photo by Lukáš Lehotský on Unsplash Ever since the first commercial reactors have started to produce electricity for the grid in the 1950’s (um, about 70 years ago now…) we keep hearing how nuclear is the clean, green power of the future. No emissions, […]
The Energy Transition Is a Delusion Indeed
The Energy Transition Is a Delusion Indeed The “energy transition” continues to receive thunderous applause from all the usual Beltway suspects, an exercise in groupthink fantasy amazing to behold. For those with actual lives to live and thus uninterested in silliness: The “energy transition” is a massive shift, wholly artificial and politicized, from conventional energy inexpensive (Table […]
America’s Largest Power Grid Faces Worsening Reliability Risks
America’s Largest Power Grid Faces Worsening Reliability Risks A new report reveals the US’ largest power grid is shuttering power generation units faster than new supply can be brought online, threatening electric reliability in 13 states that stretch from Illinois to New Jersey with over 65 million customers. PJM Interconnection published a new study Friday that examines […]
Europe Turned an Energy Crisis Into a Green Energy Sprint
Europe Turned an Energy Crisis Into a Green Energy Sprint Credit…Ibrahim Rayintakath This was supposed to be a winter of energy crisis in Europe. Beginning last spring, not long after the Russian invasion of Ukraine, the fear of gas shortages spread across the continent, along with fears of what might follow. The coming winter crunch […]
Ramping up wind turbines, solar panels and electric vehicles can’t solve our energy problem
Ramping up wind turbines, solar panels and electric vehicles can’t solve our energy problem Many people believe that installing more wind turbines and solar panels and manufacturing more electric vehicles can solve our energy problem, but I don’t agree with them. These devices, plus the batteries, charging stations, transmission lines and many other structures necessary […]
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses. Business insolvencies in the UK surged by 57% in 2022, to 22,109, according to the latest data from the Insolvency Service, […]
European Natural Gas Prices Surge Ahead Of Cold Spell
European Natural Gas Prices Surge Ahead Of Cold Spell The Dutch TTF benchmark price jumped by 11% on Tuesday morning, recovering from a 17% price slump last week. An unplanned outage at a Norwegian gas processing plan and short covering combined to add upward pressure to gas prices. Next week, temperatures could be lower than […]
Europe’s Energy Crisis Leaves Almost All Of Pakistan Without Power
Europe’s Energy Crisis Leaves Almost All Of Pakistan Without Power Pakistan faced an almost nationwide power outage on Monday. A significant energy shortage is one of the main drivers of the nation’s current economic crisis. The energy crisis in Europe has made Pakistan vulnerable to high fuel prices. The long-awaited winter energy crisis has finally […]
Germany Still Years Away From Replacing Russian NatGas, Official Admits To “Unspoken Strategy To Pay Crazy Prices”
Germany Still Years Away From Replacing Russian NatGas, Official Admits To “Unspoken Strategy To Pay Crazy Prices” Some European politicians and economists are breathing a sigh of relief after mild temperatures, increasing liquefied natural gas shipments, and above-average natural gas stockpiles have so far averted a worsening energy crisis this winter. Other politicians believe the energy […]
