At no cost to the tax payer?
I keep on reading bail out but I’m inclined to think it’s going to more like a bail in. Depositors transformed into shareholders. I read about these possible type of changes after the last banking crisis.
The negative development in our service business underscores that we have much work ahead of us to stabilize our business and return to profitability," said Siemens Gamesa Chief Executive Jochen Eickholt, who joined from Siemens Energy last year.
I’m interested in the new phase out and the realistic time frame. It’s not this: https://www.theverge.com/2022/1/24/22898666/panasonic-4680-t...
Currently recycling is very low.
I think he’s focused on what’s likely in production for the near future and the real material problem of all infrastructure ( its massive)
Simon Michaux presents the deck of data showing details of where his calculations are coming from that show even the first generation of renewables to replace fossil fuels is going to outstrip our capacity to source the minerals (lithium, copper, vanadium, manganese, cobalt, etc required for only the first generation of renewable energy) and the amount of energy to be replaced based on efficiencies is exorbitant. Summary: EROI going down, mineral requirements going way up spell issues moving forward.
Nobody is refuting that there are not alternatives & solutions. Each of the pts are supported. It’s the shear scale of replacing conventional energy & we haven’t really dented its use.
This is from today’s James Kunstler blog:
The solar electric I installed on the house nine years ago is down. It’s supposed to feed that monster called the grid. Since April, I noticed that the electric bill is creeping up way beyond the usual seventeen bucks that the electric company charges home solar producers for the privilege of feeding their system — which, let’s face it, has a downside for them because the intermittency of so-called alt-energy disorders their operations.
[1] It is becoming clear that intermittent wind and solar cannot be counted on to provide adequate electricity supply when the electrical distribution system needs them.
2] Adequate storage for electricity is not feasible in any reasonable timeframe. This means that if cold countries are not to “freeze in the dark” during winter, fossil fuel backup is likely to be needed for many years in the future.
3) After many years of subsidies and mandates, today’s green electricity is only a tiny fraction of what is needed to keep our current economy operating.
[4] Even as a percentage of electricity, rather than total energy, renewables still comprised a relatively small share in 2020.
5] Most modelers have not understood that reserve to production ratios greatly overstate the amount of fossil fuels and other minerals that the economy will be able to extract.
6] The world economy seems already to be reaching limits on the extraction of coal and natural gas to be used for balancing electricity provided by intermittent renewables.
7] Conclusion. Modelers and leaders everywhere have had a basic misunderstanding of how the economy operates and what limits we are up against. This misunderstanding has allowed scientists to put together models that are far from the situation we are actually facing.
The Fed is trapped: It can’t raise too much since trillions of debt rely on very low rates. If it doesn’t raise enough then
inflation will cause a recession.
Yes it’s interesting that they are using previous corona profiles. You would think a yr is long enough but I’m patient and will hedge my bet by losing my job.
Thx, that’s promising.
I find it interesting that the fda has to play games: technically the vaccine is still under emergency use authorization & not approved (last paragraph)
From this article:
“When the vaccine was rolled out the goal should have been to focus on people at risk, and that should still be the focus,” says Memoli. Such risk stratification may have complicated logistics, but it would also require more nuanced messaging. “A lot of public health people have this notion that if the public is told that there’s even the slightest bit of uncertainty about a vaccine, then they won’t get it,” he says. For Memoli, this reflects a bygone paternalism. “I always think it’s much better to be very clear and honest about what we do and don’t know, what the risks and benefits are, and allow people to make decisions for themselves.”
The authors here agree (I’d really like professionals to discuss this for it’s highly disturbing; but obvious why it wasn’t communicated to subjects)
Just about to post the same.My copy disappeared but I think it had great photos. There was a vengeful account of a tribe killing a boy left alone. He was trapped inside cliffs with no escape.
Thesiger Said he respected Bedouin more than his Eton chums.
Well he’s saying Site is being demonetized. It’s posting this interesting comment in the articles(that seems to contradict some of the posts on this thread):
Both NOAA and NASA appear to agree, if you read between the lines, with NOAA saying we’re entering a ‘full-blown’ Grand Solar Minimum in the late-2020s, and NASA seeing this upcoming solar cycle (25) as “the weakest of the past 200 years”, with the agency correlating previous solar shutdowns to prolonged periods of global cooling here.
-A decision was made to do nothing based on ambiguity in perception, and the emergency braking was turned off because it got too many false alarms from the sensor”
So instead of solving this problem it was decided to go forward;abominable.
At least the truth came out.