Guest “Now that’s funny right there,” by David Middleton
From LinkedIn:
I don’t think “gap” is the right word for this:
I don’t know which is funnier: The “climate funding gap” graph or the fact that anyone could take this seriously. The BNEF article is actually hilarious.
Here are some of the “highlights”:
- “Demand for Future Metals is Expected to Outstrip Supply”… No schist Sherlock? In many cases, the demand will outstrip global proved reserves, if not known resources. See: Mining for net zero: The impossible task.
- “Hydrogen Supply Will Outstrip Demand”… Which means that hydrogen production will quickly become uneconomic and supply will barely be able to keep up with demand.
- “Climate Funding Gap Remains Huge”… That’s like referring to the Grand Canyon as a “gap” in the Colorado Plateau.
Climate funding is currently somewhere down on the canyon floor…
BNEF and everyone who didn’t laugh at the “climate funding gap” graph have earned Larry the Cable Guy Lifetime Achievement Awards.
Or like a dumpster fire….
story tip
Ford F-150 Lightning fire video highlights growing EV risk (cnbc.com)
The President should have one as a limo.
Maybe somewhere in the back of the long line of vehicles with a firetruck.
Biden and The Beast: we take a look at the Presidential Motorcade and State Car – The Irish News
Cars used to be required to have someone walking in front of them with a red flag. Maybe EVs should be required to have someone walking in front of them with a bucket of water.
Yes, yes, I know that a bucket of water won’t put out the Lithium fire, but we’re talking virtue-signalling here.
clever
not with a 28 second adv- so I didn’t watch it
does he have an EV for his official limo? If not, we should harass him about it. 🙂
I can’t help but wonder how many firefighters and other first responders would avoid buying an EV for this reason alone. Especially since at least some of them have seen such ferocious fires in person….Hard to imagine any of them wanting to put either themselves or their families at risk in such a vehicle!
Speaking of children, I can’t say I’ve ever seen any children get in or out of a Tesla. Never seen a parent getting a baby in or out of one either…..
Just wait until California’s Gruesome Newsome requires all Emergency Vehicles to be EVs then Ire Trucks can put themselves out
It doesn’t factor in to my decision but that’s because it has never been a considertaion for me at all.
But another problem with EVs is extrication. It is MUCH more complicated, more limited, and sometimes completely impossible. And it’s a hell of a lot more dangerous to those attempting to do it.
Follow the link and straight away, quick as a flash – The Buck Is Passed
It was the Battery Maker that caused the fire..
Not the person who:
Oh no. It was everybody else’s fault
Just like climate science and the bullying story – it is the words, actions & behaviour of spoilt brat children
the buck should be passed to the climate lunatics and the politicians who cater to them
“Lightening” is an appropriate name, eh?
As “renewable energy” is largely subsidy mining, it is dependent on the virtue signaling of legislators.
The funding gap will never be closed. But it doesn’t matter, since there is no need to fund ‘solutions’ to a non-problem.
The ridicule is well deserved.
Fund what? R&D, or wasting trillions building non-solutions like wind, solar and biofuels?
Yeah, this is like that gap in the earth’s surface from Mt Everest’s east side traveling east to its west side.
And they want this tech on boats ships and planes – situations where ones escape options are let’s say limited. We build excitement!
Imagine the twisted psyche of someone who thinks that weather control is just a matter of govt spending! Or do they know it makes no diff and they just want to get their little piece of the action?
I asked ChatGPT if solar panels or wind turbines alter the weather. After some waffling the conclusion:
So why bother with them. Even ChatGPT knows they are useless for their intended purpose of making the climate perfect.
i love the alarmism
We will run out of metals—- just like the peak Oil nuts
hydrogen demand will outstrip supply— more ignorant nonsense.
next up youll predict that Trump will drain the swamp or build a wall
David said it was the other way around, which will drop prices and further production. That’s the spider web graph beloved of lecturers to first year Economics students. It has to do with supply and demand curves and response times. It’s how a mechanical governor works.
Supply and demand is a b!tch… 🍻
SM,I have supped with you. But you have not read any of my three ebooks on this, Gaia, Arts of Truth, and Blowing Smoke. All three present the simple truth that fossil fuels are relicts of past photosynthesis, so will someday be depleted beyond repair. The debate is about when, not if.
The when is now. Peak oil production took place in late 2018. Close to 5 years and counting. I seem to remember OPEC announced new production cuts sometime ago, didn’t they?
More people in the world and less oil. I wonder if there is any relation to the climate crisis.
Yeaaa 2024 here we come
Lets Go Brandon
Lets Go Brenda
we won’t run out of anything when the price is high enough- you obviously skipped Economics 101
We don’t have reserves of the critical metals identified to build 10% of what is required to get to Net Zero.
That is based on the energy the world is expected to need at 2050, the expected energy mix and then using the manufacturers own lists of how much metal and other critical minerals like graphite are needed.
The world average to take a project where you know where the deposit is, through the internal approval processes (miners like to know things will work before they commit to even feasibility study, they demand things like pilot plants to prove new tech works. So totally unlike renewables advocates) and the external approval process, then build the infrastructure and produce your first output is 16 years.
If you want additional reserves then you need to jack up the price, which kind of goes against the theme we are always told that renewables are just going to get cheaper and cheaper. That is going to be pretty hard to achieve even with post modern “science” and “math”.
Silly boy! Alexandria Occasional Cortex can print money a $ trillion at a time. Problem solved. What a brave new world we live in.
The gap will never close. There are an incalculable number of ways to take people’s money and redistribute it to your cronies and favorite causes.
Could this tiny town in the Northern Territory hold the key to Australia’s energy future?
Yep sure does-
Could this tiny town in the Northern Territory hold the key to Australia’s energy future? – ABC News
And the NT government poured a massive amount of money into building a new power system, pledging a 50 per cent renewable energy supply.
The micro-grid – using a hybrid model of solar generation, battery and diesel power – opened at the beginning of last year, and was the first in Australia at this scale.
Makes you wonder why they didn’t go the full monty net-zero micro-grid now doesn’t it? As if we don’t know.
The ranger uranium deposits were found by airborne survey in October 1969. By 1971 I was consulting to the discoverers and jopind them in 1973 as Chief Geochemist.
At that stage, there were a couple of marginal cattle stations at the end of a 7 hour hot dusty drive. If the Wet did not stop you for weeks. There were a few locals working there.
There was absolutely no sign of an ore deposit that we could find, the only clue being the gamma ray trace signature.
We were there years before the national park started.in mid-1979. My mate Rob Ryan and his wife Judy named the town Jabiru.
The mining was conducted in an exemplary manner.
We eventually took over the nearby Jabiru deposit following my recommendations to dfo so.
The do-gooders have closed down Jabiluka, a resource at least as big as ranger was.
They also closed dow or valid leases and licences in the surrounding region to make a “Park” that is larger than 10 of Europe’s countries.
…………………
FFS, where do these do-gooders think the money for their living came from?
We were required to pay huge royalties and other monies.
We gave them a school, a swimming pool, a supermarket, an airstrip, etc etc.
The abs were given huge wealth that they wasted for example by setting up airline company to fly each other to football games in the wet and to trade in large amounts of beer.
…………………..
Feel free to email me if you are interested in a first-hand, real, truthful history of Jabiru.
It is nothing like the deceit of these propaganda movies that are linbked.
What a disgraceful way to “educate” people. By lies.
The massive restoration is pointless. Just leave it alone. Nature will sort it out.
The vegetation, the birds and animals, will return once man goes away and takes those acres of solar panels with him.
Geoff S
………………
As long as China is prepared to exploit its coal reserves to keep this fantasy going it will continue.
Individuals need to be pragmatic about their own circumstances and prepare themselves tp avoid the worst outcomes of energy poverty and food scarcity.
I think those are wise words. When I talk to friend’s neighbors etc; they don’t realize that this is really happening- not way off in the sci -fi future – it’s imminent , unless we stop it immediately in the next election
Ridiculous. Not going to happen. If they keep persisting purchase a condo in Neom the new Saudi Arabian megacity. The lights and AC will never go out, guaranteed. The developed countries will never achieve net zero and the money for more hopelessly flawed intermittent renewable energy doesn’t and never will exist. We’ve reach peak renewables. Forcing more renewables onto the grid will cause it too fail. This has already been proven in the real world. Electric cars will become a small segment for the well to do urban owners’ trips to Whole Foods. Besides 7 billion out of the 8 billion people on earth are not on board with net zero. They don’t know whether to laugh or put a ring fence around the developed world and declare it an asylum. The people pushing this need medication and therapy….and more than a few need straight jackets.
The climate change mitigation scam is no different. It will never change the climate, but that is not what it is supposed to do, it is supposed to boil off into the aether the excess productivity of Western countries, so that they are sufficiently disintegrated that they are ripe for takeover by an authoritarian technocratic globalist regime. It’s not meant to succeed, it’s meant to destroy, to that end it is more successful than it ought to be.
“Last year, investment in clean energy worldwide equaled fossil fuels for the first time. ”
Coal and natural gas steam plants work fine and last a long time so they do not require large investment.
Wind and solar does not work very well and does not last long. So we need a large investment for something not needed.
When I was in the new reactors group I calculated how long it would take to build solar capacity to make the same amount of electricity each year as our nuke under construction.
85 years.
The utility scale project in the desert south west had a web site bragging about performance and how long it took build. Not anymore.
I based my calculations on the 25 assumed life of PV.
The solar industry reports project power output. Yet to find any bragging about long term performance.
So the comparison in investment is between something that is needed and something not needed.
“Last year investment in clean energy worldwide equalled fossil fuels for the first time”
Earlier this month the IEA published ‘Energy Technologies Perspectives 2023’
“The world still relies on fossil fuels for its energy supply. The growth in clean energy since 2000 has been dwarfed by that of oil, gas and coal especially in emerging and developing economies”
“Oil is the single largest source of primary energy (29%) followed by coal (26%), natural gas (23%), Solar and Wind (2%), Nuclear (5%) Hydro (2%).”
“In 2021 coal equalled 75% of the energy used in global steel production and over 50% of that in cement production while about 70% of chemical production was based on oil or natural gas”
Demand for critical minerals to meet net zero is soaring and the report points out that
“The extraction and processing of critical minerals typically relies on fossil fuels”
But we won’t run out of resources. If opposition to green tech is based on the world running out of rare earth metals then the reasoning is very flawed.
There are so many better, more economically sound, reasons to oppose the headlong rush into green energy.
Well it is not just rare earths.
Copper, Cobalt, Nickel, Graphite are all required in gigantic quantities compared to our known reserves, our mining rates, and the worlds capacity to supply water for mining and processing, the capacity to provide mining equipment, skilled professionals and just about everything else.
And people are not saying we will run out of anything, just that the demand is orders of magnitude higher than the deposits we know are actually viable. Production is also required at rates orders of magnitude higher than the best rate we have ever produced them at. Lithium is 4 orders of magnitude less than the required rate.
We could add to the reserves by pushing prices up.
We had an imbalance in supply and demand for natural gas due to structural barriers put in the way of bringing on new supply, which was then hit with a jump in the imbalance due to the Ukranian Invasion by Russia. And the price went up significantly. Want to guess what will happen with the critical minerals and metals required by the renewables fantasy?
There is no gap.
Just ask Federal Reserve to print some money and let (force) the kids & grandkids to pay it back
It’s a system that’s worked flawlessly to everyone’ benefit for over 110 years now, why stop?
My son said to me yesterday that the next generation (not yet born) is going to be very thankful to those who have pushed for renewables. By the time they have grown up renewables will be totally discredited and there will be plenty of cheap fossil fuels left for them. 😉
That sounds very Irish to me!
From the article: ““Demand for Future Metals is Expected to Outstrip Supply””
That is hilarious.
What are they going to do then?
It seems this plan has not been thought through very thoroughly.
The “plan” is to mine the living schist out of the Earth, including deep sea nodules. Since most greentards despise mining as much as they despise fossil fuels, they are either unaware of and/or too stupid to understand the “plan.”
The SEG article that I linked to in the post, and that entire issue of The Leading Edge focussed on the challenges and opportunities for geoscientists that this folly will pose and provide.
https://library.seg.org/doi/abs/10.1190/tle42040266.1
David:
Here is the McKinsey report on Netzero by 2050:
https://www.scribd.com/document/555773648/McKinsey-The-Net-Zero-Transition-What-It-Would-Cost-What-It-Could-Bring-250122
Short version: ~$9T per year [~$275 trillion]
But the fine print includes
1) funding needs to be front-loaded (more in the early years) to give time for the “magic” to work
2) all the nations have to cooperate – no free-riders!
3) some of the technology needed has not been demonstrated at scale or doesn’t exist
4) all the technology must come in on-time, on-budget and work as predicted
5) mining all the necessary minerals would be unprecedented
and finally
Guess who the world expects to pay for ~ all of $275T ? No cheating by asking OpenAI…LOL
My take: NetZero 2050 is delusional.
David Middleton:
As a retired Nuclear Engineer with over 50 years experience on both Navy and Commercial nuclear reactors I would like to see a line in the above graph with implementation of Nuclear Power plants to achieve Net Zero by 2050. A second line for NPPs with sensible regulations from the NRC rather than the present “Anti-Nuke-at-any-cost” regulations as implemented in the last 40 years, and increased even further after the Fukushima Daiichi event. The present, anti-nuke, regulations have not even given us an increase in safety of even a power of ten, yet they have given us an increase in cost of over a power of 20. None of these new/revised regulations had a true cost benefit evaluation. [I was the design engineer for three modifications that were required by the “TMI Lessons Learned NRC Requirements.”]
I think that would kill wind & solar deader than Elvis… 😫