European Power Plants Face Widespread Bankruptcies
Germany’s economics minister Sigmar Gabriel (SPD) wants to levy penalty payments onto coal plants if they produce CO2 emissions above a certain threshold. Against this plan intense resistance is growing in Germany: Within the Christian Democrat, within industry and – for especially dangerous for Gabriel – within the trade unions. The Christian Democrats (CDU) in particular are taking on Gabriel’s climate levy. And Merkel is allowing her party colleagues to assail him. Armin Laschet, the vice chairman of the Federal CDU, is accusing Gabriel of breaking the coalition agreement. –Jochen Gaugele , Martin Greive , Claudia Kade, Die Welt, 25 May 2015
The transition to renewable power generation is accelerating closures of coal and gas-fired power generation plants at a quicker rate than expected. According to UBS, policymakers may have to take measures to prevent widespread bankruptcies in the European electricity market. That’s the conclusions drawn by investment bank UBS, who have produced a report on the subject. According to their data, some 70 GW of coal and gas-fired power generation shut-downs have occurred in the last five years, and the pace is increasing, according to the analysis. –Diarmaid Williams, Power Engineering International, 11 May 2015
The world’s richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a U.N. conference in Paris, officials and campaigners say. One European Union official, speaking on condition of anonymity, said the EU hoped to “nudge forwards” the debate, but that within the EU, Germany was an obstacle, while Japan was the main opponent in the OECD as a whole. –Barbara Lewis and Susanna Twidale, Reuters, 27 May 2015
To many western environmentalists, who are determined to see a binding global deal to reduce greenhouse gas emissions at the UN climate change conference in Paris later this year, India’s rising coal use is anathema. However, across a broad range of Delhi politicians and policymakers there is near unanimity. There is, they say, simply no possibility that at this stage in its development India will agree to any form of emissions cap, let alone a cut. — David Rose, The Guardian, 27 May 2015
The idea that India can set targets in Paris is completely ridiculous and unrealistic. It will not happen. This is a difficult concept for eco-fundamentalists, and I say this as a guy who is considered in India to be very green. Copenhagen failed because of climate evangelism. I was sitting for days with Gordon Brown, Ed Miliband, Angela Merkel, Barack Obama and Sarkozy. It was absolutely bizarre. It failed because of an excess of evangelical zeal, of which Brown was the chief proponent. Even with the most aggressive strategy on nuclear, wind, hydro and solar, coal will still provide 55% of electricity consumption by 2030, which means coal consumption will be 2.5 or three times higher than at present. –Jairam Ramesh, India’s former environment minister, The Guardian, 27 May 2015
Discover more from Watts Up With That?
Subscribe to get the latest posts sent to your email.
Levy the tax and let Germany freeze in the dark.
The sooner this happens the better off the world will be!
Last winter, thousands DID. >_<
Fewer ‘useless’ mouths to feed – and mostly the advanced ‘wrinklies’ will suffer. The Greens are patting themselves on the back.
@Jennifer Hubbard, are you kidding me?! Look your parents in the face and say that. It’s funny how people like you always make these remarks assuming it will never directly affect them. The real pollution on this planet is people like you. I hope you’re one of the first to go.
If a single wealthy country implodes from runaway climate policies, it will wake up a great deal of folks. But the human cost would be huge. It is not desirable on any level.
There will always be a separate reason to point to… runaway CAGW mitigation policies will not be directly implicated.
If anything – the headlines will read “Not Enough was Done: Climate Disaster has Claimed a Country… send more funds for research please.”
Strangely, there is strong historical and ‘experimental’ evidence to support a runaway governmental control problem… while there is zero evidence for an Earthly runaway greenhouse problem.
True but probably necessary to awaken the masses.
If any wealthy country implodes, it won’t be from climate policy.
In my view, this is a separate cost/battle/forcing/exposure that needs to be aired, that’s all.
It seems like it will wake up nobody. Disasters are unfolding in England, Scotland, Germany, Spain and elsewhere. No policy disaster in any one country seems to be informing the policies in any of the others.
And none of them are having even the slightest effect in the US. Instead, the US seems to be rushing headlong down the same path, even to “catch up” with the “green” european economies. When disaster hits and a grid collapses for real, politicians will round up all the usual suspects, Greedy Capitalists, Big Oil, Big Coal, Banksters, Putting Profits Ahead Of People. You know the drill, we have heard it all before.
When finally cornered, the refrain will be “Mistakes were made, but there is plenty of blame to go around”.
If they can not evade blame altogether, they will attempt to diffuse it as far as possible.
If the past is any guide, they will not stop until they get a body count which is too large to ignore.
It is madness, total madness.
The Rise and Fall of the 4th Reich.
But leaving it rot like this causes much more damage in the end. So, let it implode and wake/ shake up the green leftists here in Europe. Before they ruin the rest of it.
Sadly you are right. It wont be the greens and climate activists who will suffer.
Haven’t you just named the parties involved in this?
Check out the situation with cap-and-trade that is being brought into Canada and big oil/gas & big banks.
This involves not only Canadian provinces but also, California, Washington, Oregon and Vermont.
Bringing in cap-and trade to the U.S. via the backdoor.
And send to Germany all the warmunists here in the USA to marvel at the green utopia they are attempting to create in our own country.
No such thing as ” Informing the policy”. Fake meme, fake English
When the people in these countries get sick and tired of being sick and tired of freezing in the winter and suffering in misery, they will vote the Chicken-Little’s out of office that are the cause.
@pyeatte, I have been following this the same way as you have and having family in the EU (or should I say FU’d EU) it is too late, voting out these BS artists is not going to help one bit. If I were you I’d move far away from large population areas and hunker down as best as you can. Mayhem is not far away.
The last time Germany’s economy went in the toilet they nearly whipped the world.
a “world” that did not extend beyond Britain on one side, and the Urals on the other, nor past The Sahara…
Look at all that white soot they are spewing out of those hemi circular hyperboloids of one sheet.
Loverly sight it is, blocking and absorbing all that evil solar energy that we make heat out of.
If The Germans freeze, just think how miserable everyone else will be. Well the French will just throw some more fuels rods in the oven. Howcome they got to be so smart ??
Be of good cheer, fellow skeptics. This is about politics, not science. The First Quarter contraction of US GDP will move Hillary Clinton and the Party she represents to re-examine climate. A slow economy elects Republicans. Her, and her Party’s, goal is power. Power requires winning the 2016 election and the economy will determine the winning side.
There is an article on this on the Global Warming Policy Forum Website on this German dilemma here
http://www.thegwpf.com/german-government-in-crisis-over-escalating-cost-of-climate-policy/
The same will happen here in UK as more and more coal fired power stations are forced to close because of preference to wind and levy on CO2 emissions. Prepare for power cuts.
The UK has been through two world wars and now this crisis within a century!
At least the two wars were the cause of all the misery. Now the misery is self-induced and 100% unnecessary.
The Agenda rolls on, defying all logic and leaders:
In a stunning admission, the German Government recently announced that its transition to Renewable Energy was, “On the Verge of Failure.”
http://srsroccoreport.com/germany-death-of-renewable-energy-bring-on-the-dirty-coal-monsters/germany-death-of-renewable-energy-bring-on-the-dirty-coal-monsters/
The banner reads, “We oppose the social blackout of whole regions!”
This need not lead to power cuts or any other catastrophic outcome. The increased cost of coal and subsidies will largely be passed on to the consumer, although ultimately some capacity may be mothballed or scrapped before the end of its planned economic life.
Whether the consumer feels this is good value to reduce possibly illusory climate change concerns is another matter.
Apparently 600,000 households were reported as disconnected for non payment of electricity bills in 2012.
http://notrickszone.com/2012/05/01/germany-succeeds-making-energy-unaffordable-for-15-of-its-population-600000-households-disconnected-annually/#sthash.alXRPYgz.dpbs
I wonder what the situation is now?
That statement shows you do not understand EE, and how the grid actually works. Please study up a bit (you can get the basics without using complex numbers and the square root of minus one– which you would need to calculate the specifics of reactive power and a major reason for brownouts.
Hello ristvan. ‘The specifics of reactive power’ sounds interesting. Could you please provide more information.(Freezing pensioners would be most interested as to why they need to stay in bed to survive.We should explain this to them.)
So I thought it was the Europeans that were so gung ho about requiring power factor correction for all our computer switching power supplies.
Is it maglev trains that are phase shifting the grid, or is it that big CERN donut ??
I’ve used capacitive coupling to drive LED signs with AC current sources; but I’m not running enough juice to even show up on PG&E’s phase meter.
Come on Dirk fess up. What sort of secret machine are you chaps shifting the power phase off kilter with ??
In the UK there are banks of diesel generators ready to come into life when the wind stops or is too strong so it is correct to say that there may not be power cuts. The increased costs will all be passed on to the consumers since that’s how business works. The catastrophic outcome will be the huge loss of jobs as industry closes down and moves to other countries where energy policy is more enlightened. Green ‘investment’ kills jobs in the long term.
UK there are banks of diesel generators ready to come into life
============
you find this all over the third world. it is caused by unreliable mains power. if you don’t have your own generator you are going to have to do without.
however, it is a pipe dream to synchronize all these generators into a national grid. it is called power for a reason. you can flip a light switch at your house because you are trying to control only a small amount. try and switch a large amount on and off and you will quickly find out that things are not nearly so simple as politicians would like to believe. One might was well try and turn a river on and off.
Fred.
These ‘banks of diesels’ in the UK are already attached to the grid. It is a special diesel reserve that sits and does nothing for 330 days a year, and costs us a fortune to keep it on standby. Just another of the many hidden costs for having wind power, which the government does not advertise.
I would not say we here in the U.S. are more enlightened, as we have more than our share of eco-chondriacs, including the President and his coterie of “scientific advisors, eager to thrust us for ably into tertiary methods of power production, but we are much luckier in having available vast resources of methane to burn cheaply. The Euros cannot compete with that advantage and keep shooting themselves in their collectivist feet trying hard not to catch up. I’m so sad about that.
If the consumers can’t afford the cost, they will do without, either voluntarily, or by being disconnected. If the plant can’t sell its power, or enough of it, it will go broke, and will be shut down. Plant shutdowns = power cuts.
But it’s okay because once all the coal plants are gone then the global climate will revert back to the old ways of constant 20-30 C temperatures with always average rain, wind, and sun shine. They will no longer need electricity to stay warm or cool. /sarc
Reality confounding ideology! There is hope, but they still show cooling towers to illustrate pollution!
That is deadly dihydrogen monoxide!
Well it IS 95% of the so-called “GHE”
Yes, if the EPA would have us believe that life-sustaining CO2 is a pollutant, then surely life-giving H2O must be even worse!
Both can kill you, though, in high enough concentrations.
So it’s not steam then ?
I get it…H2O
No, surely just oxygen hydride? The only reason we say carbon “di”oxide is because there is a “mon”oxide form. Aluminum oxide is called that even though the formula is Al2O3. We don’t call it “dialuminium trioxide.
Off topic and just sayin… 😉
Or perhaps even plain old hydrogen oxide?
(I’ll get my coat… )
Hydrogen Hydroxide
Or is the dreaded hydroxillic acid?
Except it isn’t acid…
I’m with Nomenclature there; it is hydrogen hydroxide.
Nothing like sitting on the fence to watch the fun, is there Nomenclature ??
Nomenclature:
Hydrogen hydroxide? Nice try, you almost got me there.
Trouble is that water does not form a crystalline alkaline salt (although I give you that ice does dissolve in water).
The atomic bonds in water are covalent not ionic.
How about hydroganol instead (an alcohol lighter than methanol but without any carbon atoms).
So there you have it Hydroganol, let’s drink to that. 😉
‘MCourtney
1d ago
This comment was removed by a moderator because it didn’t abide by our community standards. Replies may also be deleted. For more detail see our FAQs’ (The Guardian, 27 May 2015).
==========================================
Mr Courtney, it would be interesting to know what The Guardian editors found so offensive.
Chris Hanley.
Often it’s because I’ve linked to the IPCC AR reports – they hate that.
But in this case it was because I linked to Dana Nuccitelli’s hit piece on David Rose. A the article was written by David Rose it showed a certain discord within the Guardian editorial policy.
Which rule I breached is unclear. But it’s probably the one about not making the Guardian writers look silly. It’s hard not to breach that rule where Dana is concerned.
Iv’e read some DN writings and find her more than wrong.
You handled that crowd fairly handily (at the Grauniad). Well done. Now I need to purge it from my mind.
Terry I think you have hit the nail on the head, the tax is meant to increase the cost of coal power so its more in line with the cost of renewable energy. This will do two things, force people to get used to a higher cost of energy (or force people into energy poverty) and make new renewable energy projects more economically viable against their coal rivals.
Note that David Rose is allowed back at the Guardian to write about climate issues.
He’s the guy who talked about the Pause in the Daily Mail and was vilified for doing so. He was even vilified in the Guardian for doing so (only by Dana Nuticelli but it was still in the Guardian).
Yet now, even the Guardian has welcomed him back.
The Times may not be changing.. but the Grauniad is.
Rusbridger steps down as editor soon, right? Is Katharine Viner similarly afflicted?
Now that is really wishful thinking!
Viner is his replacement this summer, but I have not heard what her opinions are like (other than she was his 2nd in command).
There is a very high level of dirty power and grid instability from renewals. Added to this, if fossil fuel plants go bankrupt or find they can make more money from renewable energy subsidies than from selling electricity, the grid will crash and there will be blackouts at some time in most of Germany. This is what rational minds in Europe are trying to prevent.
Renewable energy produces dirty power that must be made clean by fossil fuel plants or the grid will crash. No way around this fact by protesting, lawsuits, propaganda, or global warming myths. Germany is in trouble and must get and keep its fossil fuel power plants online as they phase out renewable energy by removing all of its subsidies.
Finally, are there enough Germans that care about the environment and the enormous slaughter of birds and bats, that they will get rid of renewal subsidies and let the free market system for energy restore stable power and protect wildlife and their environment?
Most people focus on the human suffering exposed by unreliable electricity, but the impact on the manufacturing segment is enormous. If a manufacturer can not be assured of the availability of power, they will move to where they are.
And Germany is the economic power of the EU.
@ur momisugly jtom, soon used to be the biggest, The EU is a thing of the past and that includes Germany. Now, of what once was the economic driver all across the world it has become part of a welfare continent
Poland is tired of German “green” energy instability and is taking steps to keepit out
https://chiefio.wordpress.com/2015/05/22/poland-dealing-with-wind-and-germany-with-coal/
This will hasten German ‘learning’…
Not only must they rid themselves of the evils of coal produced power, they have determined the severe danger of Tsunamis attacking German nuclear plants necessitate curtailment also. So many fears, so little time.
Sometimes you have to rub the puppy’s nose in the poo, to teach it not to poo inside the house. I guess the same applies to greens and stupid energy policies.
+1
I solve the first problem by never owning a dog. The disconnect is that it is their poo, our noses.
Then you miss one of the great joys of life.
Oldgamer56, please do not try to preach to me about the joys of life, especially when it comes to dogs, which, in my view, are a parasite of human beings.
One of the great joys of my life is that I don’t have to deal with dogsh!t on a daily basis, nor spend money feeding an animal, nor put up with all the additional parasites for which the dog is a host,
As it is now I must contend with dogcrap lying around in my neighborhood left behind by irresponsible dog owners, who not only feel free to let their dog drop poop anywhere, but also now increasingly feel free to go ahead and bring their dogs into the grocery store, or even restaurants, where people are paying big money to enjoy a meal.
And sorry to tell you, but a dog is a filthy animal who will gladly roll in and even consume crap. I value my health, and work to maintain a high standard of personal hygiene and cleanliness, so any idea of such an appalling creating sharing my personal space is entirely out of the question.
If Henry James Byron’s observation that “Life’s too short for chess,” it is true, then it is certainly too short for dogs. While you tend to your toy wolf, I’ll be spending my precious time on something worthwhile
I don’t hate dogs. I grew up around dogs. My neighbor’s German shepherd yearling ran with me alongside my bike while I delivered papers in the morning. I could tell you some dog stories.
So go in peace with your pet pooch, but keep it and its crap out of my space, and please lay off the dog-preaching.
appalling
creatingcreature“Life’s too short for chess,”
itis true,Even though “Life is too short for chess,” nevertheless, “the mistakes are all there, waiting to be made.”
I’ve also decided over time that:
Life is too short for pro football.
Life is too short for fiction.
Life is too short for rendering 3D graphics.
The list goes on…
life is too short to be a curmudgeon as well, except for me, i reserve the right to be pissy.
I used to own dogs and they slept in the garage but now I live in an area crowded with apartments in Los Angeles, where my long morning walks are blessed by the enjoyment of seeing the profusion of vegetation, the the busy-ness of people and the dog walkers studiously waiting for their beloved pooches to defecate so that they can deposit their offering into a plastic bag which they then carry and quite often toss into a garden, onto a lawn or into a non-composting recycling trash bin. After several such displays every morning, it takes a certain type of stoic resilience to tackle the rest of the day with quiet detachment and enjoyment.
Well you have to make choices in life.
You can own a dog, or you can own a front lawn; well unless of course you have a neighbor who owns a dog.
How long does it take dog owners to learn to live without a lawn.
One of these days I will find the perfect lawn insect repellant; probably some sort of very stick and very hot pepper concoction.
I had a dog once. I also owned a piece of wilderness, where dogs are native.
If you have cats, you need neighbors who have gardens.
g
The truth and the elimination of a level playing field is bringing this idiotic policy into stark focus that even a Merkel begins to understand.
But now for the biggest naysayer of all; the little “o” to realise his folly – we watch with amazement..
Paris might be more than any of these “world leaders” expect.
A contingency of skeptics should have a prominent presence at Paris. Some of the news media may report the other side.
It’s interesting that renewable sources are actually out doing nonrenewable in a country as far north as Germany. No one saw that coming.
The situation with India is a little different. A relatively poor country that has much less CO2 going into the air per person than does us. So they deserve a little slack.
But with some 1500 or 2000 people dead there because the latest heatwave, I bet they are more than worried about global warming.
They are “outdoing” conventional energy sources the same way that a duck weighs as much as a witch.
trafamadore says:
…renewable sources are actually out doing nonrenewable…
Wrong.
A relatively poor country that has much less CO2 going into the air per person than does us.
CO2 is completely harmless, and beneficial to the biosphere. More is better.
1500 or 2000 people dead there because the latest heatwave
Out of a billion. You can bet that number would be doubled and squared in a cold wave.
We now return you to your bubble of ‘carbon’ ignorance…
Gregg,
Understood. My point: cold kills much more than warmth.
If a heat wave is bad, wouldn’t air conditioners be a good thing?
@ur momisugly Gregg: It does get cold in India, and when it does, it is far more lethal to them than heat. They have no way to cope with cold snaps.
@gregg E. You pointed me to the article at triplepundit.com where they claimed 84% renewables that included hydro. Did that include the dams the greens are tearing down in the west of the US and want to also tear down more and STOP the building of new ones in Canada and Washington? Uhm?
In what way are “renewables” “outdoing” “nonrenewables”? What is happening is exactly what engineers stated would happen, ie “renewables” are still not even a pimple on the posterior of fossil fuels, despite the gigantic waste of subsidies. They are however outdoing “nonrenewables” in massacring birds and bats and blighting the countryside.
What global warming? There isn’t any.
Shutting down new fossil fuel construction in favor of uneconomical and environmentally disastrous “renewables” is the only way.
But eventually the “renewables” will need new fossil fuel backup plants. The US is blessed with lots of low-carbon, high-hydrogen gas, but other developed countries less so.
http://nla.gov.au/nla.news-article136927738
According to your logic then, it is totally OK if the earth heats up by 6C or more as long as the countries responsible for it are not producing more CO2 per person than the highest per capita country. I mean, to you keeping CO2 to less than 400ppm in not important as long as it is India and China driving it up to 600ppm or more. Progressive logic for sure. Also goes to prove it is NOT about preventing AGW that is important to you guys.
Alcheson CO2 is still going up and there hasn’t been any significant change in the global temp for 18 years 5 months so your scary CAGW theory is falling apart. Anyway 600ppm would be great. About half way to what the plants would really like.
According to the senate testimony of Dr. William Happer, the U.S. Navy tries to keep the CO2 levels in their submarines no higher than 8,000 parts per million – 20 times the current atmospheric level. “Few adverse effects are observed at even higher levels.”,
Alcheson,
For what is worth; The honest answer to your question, from my perspective, is YES.
Now, if I were to accept the premise in your question that an average atmospheric CO2 concentration of 400 ppm would actually cause/lead to an outcome of “the earth heats up by 6C or more” then I would have a different answer.
Please see the Monty Python video above (TSK TSK @ur momisugly 4:29 PM) … did you see the humor in it? Do any of the characters look or act in a manner that you find familiar?
I also suggest that you try, just for a little while, to see things from another perspective. Imagine and visualize the non-CO2 levels of atmospheric gasses (nitrogen, oxygen, etc) dropping from 999,650 ppm to 999,580 ppm.
According to your logic then we should ban women’s feminine hygene products, for as you say, we need to do what we can to reduce the risk of a 6c increase. Although here in Central Saskatchewan, if our winter warmed up by 12c for a 6c average increase that would be most welcome!
Trolls are getting so rare nowadays, one should treat them as a rare delicacy to be slowly nibbled at rather than eviscerated. Perhaps with a bottle of Chianti on the side, but only one that’s been chilled within an inch of its life.
https://thepointman.wordpress.com/2014/08/20/28-predictions-later-or-the-invasion-of-the-living-dead/
Pointman
Too easy to disprove renewables out doing traditional power: http://www.agora-energiewende.de/service/aktuelle-stromdaten/?tx_agoragraphs_agoragraphs%5BinitialGraph%5D=powerGeneration&tx_agoragraphs_agoragraphs%5Bcontroller%5D=Graph
Those old renewables were really kicking it in during 22-26May15. /sarc
They are more concerned about air conditioning. 45C is quite common in India. Been there several times.
.5C global warming makes no difference
Where I grew up, without AC, it was always over 100 F in summer 40 to 45 C were common. I often describe it as 110 F in the shade, and there aint no shade… I lived… Hottest I personally remember was 117 F in Marysville (central valley California) one summer.
Was in Phoenix at over 50 C once. 126 F IIRC, and the airport was shut down as the tarmac under the airplanes was melting… concrete runway was fine but the taxi and parking area was soft…
People choose to live in those places and to avoid snow… and a bit of water spray avoids heat stroke. .. done it many times working outdoors in that heat and sun.
“A relatively poor country that has much less CO2 going into the air per person than does us.”
Thanks to 300 million not having electricity and the country not needing much heating.
ooom, no its not. Free renewable energy equals 90% of demand. yet zero reduction in fossil fuel use and an increase in Co2. Reason, they use coal to back up the intermittent sources resulting in prices four times higher.
Free renewable energy, what planet do you live on?
Grey Lensman
Fossil fuels displaced renewables and industrialised civilisation became possible. A return to renewables is not possible without horrific toll in human death.
All energy is free: it was all created at the Big Bang and it cannot be destroyed.
But collecting energy and concentrating it so it can do useful work is expensive. Fortunately, nature has collected and concentrated energy for us.
Energy concentrated in ancient now dead stars is now available to us as radioactive materials.
Solar energy collected by growing things over geological ages is available as fossil fuels.
And solar energy collected by evapouration of water over large areas is concentrated in river flows.
This is why hydropower continued to be used but people abandoned using the diffuse energy from wind power, solar power, biomass burning, and the power of muscles (provided by slaves and animals) when the greater energy density in fossil fuels became available by use of the steam engine .
The displacement of renewables by fossil fuels enabled the food and industry required for an industrialised civilsation. A return to renewables would remove any possibility of civilisation feeding its population.
Richard
@ur momisugly richardscourtney
I liked your comments and copied them for quoting elsewhere.
Germany used to be the standard bearer for environmental politics; not any more, despite squeals of their MSM to the contrary.
https://thepointman.wordpress.com/2012/10/26/examples-will-have-to-be-made-germany/
Pointman
Pierre Gosselin [notrickszone.com] has published great posts year as the Wind Turbine crisis has become more fully understood.
The short news is: Germany’s 25,000 Wind Turbines performed at less than 15% efficiency for 2014.
So, given the billions spent, the country:
1. Used nearly the same amount of fossil fuels.
2. Is bankrupting the power companies that have to idle when the wind blows.
I thought Mr. Gosselins posts would go viral.
This information needs to be discussed and understood.
Great job Mr. Gosselin!
http://notrickszone.com/2015/02/07/germany-2014-report-card-is-in-its-25000-wind-turbines-get-an-f-averaged-only-14-8-of-rated-capacity/#sthash.AQdV3SsA.dpbs
http://notrickszone.com/2015/04/18/growing-unrest-german-trade-union-to-protest-co2-plan-that-threatens-100000-jobs-and-affordable-and-reliable-energy/#sthash.75CENv2X.dpuf
http://notrickszone.com/#sthash.Gekq1zLJ.dpuf
This is the major issue with renewables. Whatever your views may be on the desirability of reducing CO2 emissions, renewables do not result in the meaningful reduction of CO2 emissions.
Because of the need for fossil fuel generation backup which is run in inefficient ramp up/ramp down mode, just as much CO2 is being emitted, so what is the point of renewables? They are simply a big FAIL however one looks at it.
Thats what I said but its not bankrupting the power companies. They run ay full steam, maximum efficiency but earn nothing. until the wind stops blowing and the sun sets. they then just close the steam bypass valve and power up the gennies and earn peak save the grid power rates and huge profits. Not efficient in saving fossil fuel use or reducing CO2 but it makes money
Grey Lensman
No part of that claim is true.
More inconvenient truths. It’s unfortunate that people/economies/countries will suffer because they swallowed the green kool aid but there needs to be an example. The bigger the example the better the results. I would prefer the AGW scam be exorcized rather than the failure of renewables though. That would put a proper end to this nonsense rather than viewing it as defeat for the environment.
Just been watching a program called “Time Commanders” where a group of people try to command a Roman army. In this episode they all got completely obsessed by what was happening in one part of the field and totally missed the fact that they were getting surrounded and then were being massacred.
That’s where we are at with this global warming scam. The environmentalists are obsessed with passing some joke resolutions – missing the key point that the public are growing angry over fuel costs and job losses and that irrespective of whether they get the resolutions through, they’ve now lost this battle.
The reality of this climate policy is now hitting home. Nothing can now stop that reality forcing politicians to drop their climate plans — as they said on Time Commanders “DEFEAT IS IMMINENT”.
Good point. As these governments take their people into energy poverty there will be revolutions. One hopes the revolutions will just be at the polls and these fools will be voted out, but there could be blood in the streets if people get cold and hungry and they know that the politicians are the cause of it.
Someday, the people will awaken to the fact that CO2 does not add any “heat” back to the earth. When they realize that all of these trillions spent was for nothing … look out.
What if it does get significantly colder ? Are the governments going to claim credit for it and tell the unwashed masses how they saved them from catastrophic global warming by their fabulous “carbon” reduction policies (that neither have, nor will reduce “carbon”).
I hope so, because if the target on your forehead fits, then wear it !!!!
Metaphorically speaking, of course.
RA COOK, How else do you explain near 90% wind/solar yet no reduction in fossil fuel use, increase in co2 output and no blackouts? Indeed it is the Germans themselves who have suggested that is exactly what is going on and was reported here!
Who is John Galt?
A crisis of intellect.
You can ignore reality, but you cannot ignore the consequences of ignoring reality. What on Earth were they thinking? (Oh I forgot, they don’t think on Earth, they think inside a computer model.)
Well Germany has been patting themselves on the back for far too long already.
If they chose to allow Gang Green to extort them into the poor house more power to them.
What was that comedy show from German TV last year, after the Govt report on renewables, subtitled in english .Introducing the model windmill as the modern replacement for the crucifix.?
Group think and sanctimonious stupidity will eventually reward all who permit it to continue.
Who knew ignoring these idiots would threaten to collapse society.. civilization as we know it.
No electricity at affordable rates equals no modern conveniences for most of us.
Wait for the rots when the enviro-enforcer types can not afford to recharge their gadgets.
It is not uncommon to still find genuine wayside crucifixes along German side roads and tracks; their purpose was similar to the bird-chomping eco variety viz. as a tangible act of faith.
This is what happens when you allow the inmates to run the asylum.
German power plants are going bankrupt in part because they are high-capital structures immersed in a relentless falling interest rate environment.
In accounting, the Law of Assets says that assets on the balance sheet should be carried at acquisition cost, or market value, whichever is LOWER.
Accounting is (or ought to be) inherently conservative. The Law of Assets is designed to prevent assets from being overstated, and management from making ‘we’re rich’ decisions, based on appreciation not yet booked. (People made this mistake during the housing bubble. They mentally booked fantasy appreciation on their balance sheets. This wealth effect induced them to spend spend spend. But unbooked appreciation is like Sirens on the rocks. Fools get dashed on the reef in short order.)
Well, accounting is also a symmetric system. So even though it may not recognized, there is a corresponding Law of Liabilities.
The Law of Liabilities says that liabilities should be carried on the balance sheet at acquisition cost, or liquidation value (i.e., market value), whichever is HIGHER. Why? It is designed to prevent liabilities from being understated, and management from making ‘we’re rich’ decisions based on debt not yet extinguished.
In a falling interest rate environment, the price of bonds goes up. So if an entity wants to retire debt early, or if an entity is pressed into bankruptcy, it must pay those higher bond prices. Even if a firm does not do this, it must set aside extra capital to account for the rising liquidation value of its debt. Failure to do so leaves firms with insufficient capital, and they can go bankrupt without understanding what hit them.
The Great Depression was actually a bull market in bonds. As interest rates fell, perfectly sound firms — unaware of the Law of Liabilities — did not account for the ever-rising liquidation value of debt, and fell into bankruptcy, blindsided.
Note that the Law of Liabilities even applies to firms with fully paid up capital. After all, net worth is on the liability side of the balance sheet.
The Germans were god fascists, it required a world war to stop them. They were good communists, it require economic collapse of the soviets to stop them. Now they are good religioenviromentalists. Nothing will stop them. Not even economic suiside.
Wow.
Mr. Steiner, are we free here to comment about Jews with the same impunity?
Or is there a double standard?
Poland is trying to install breakers in their electricity supply from Germany. They do not want to import the high price power because it willl shut down their industries.
They also do not the wild fluctuations in power delivery.
Go Poland. Inoculate yourself from the Green Disease.
The problem is not the high price but the low price! As soon as the randomly and not on demand produced renewable energy gets into the net on a windy and sunny day, (and it has priority feed!) it must be consumed somewhere.So Germany exports Megawatts with surplus to get rid of it and stabilize the own high tension nets, but this ruins the economy of the conventional energy plants of Poland, France and Switzerland!
Disillusioned Spanish official expert disses solar power at length. Very good:
http://thetyee.ca/News/2013/05/01/Solar-Dreams/