“Everything is changing. People are taking their comedians seriously and the politicians as a joke.”
–Will Rogers
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This article from Salon is a must read….
DONALD TRUMP IS NOT A SUPERVILLAIN – HE JUST WANTS TO BE
His goals are not mysterious: Donald Trump wants to rule over a corrupt regime forever. What will we do about it?
https://www.salon.com/2020/04/17/donald-trump-is-not-a-supervillain–he-just-wants-to-be/
Von Miller has the Trump virus! Damn you, Trump! Damn you to hell!
WTI is below $18. Sad. Not!
Now, it is up to $18.31 bbl. The Dumpster®’s jawboning is working.
I also saw that coal now only comprises 15% of our electrical power generation. The end is near for coal. Nat gas can't stay above $1.80/mcf, which is helping to push coal out. Now is really a good time for companies to focus on shifting to non-fossil sourced power systems. There is no future in non-renewable/sustainable power sources. Just ask the largest investment firms on earth.
Exactly. If you want to fully understand the fossil fuel and nuclear power industries, just check in on the investment firms and the insurance companies (nuclear wouldn't exist in the U.S. without the taxpayer insuring the industry).
The renewable energy experts say there will still be a role for natural gas in 2050, although one that will continue to shrink.
http://www.rmi.org/insight/reinventing-fire
Oil has other uses, including asphalt, plastics, coatings, lubricants. Should not be confused with use of internal combustion engines.
We should treat (and extract) that resource in a manner of the treasure it is. Jimmy Carter had it right – wasting natural gas on thermal applications is the equivalent of throwing our antiques into a fireplace.
wow
Wisdom is in apparent short supply lately. Thanks for the reminder
The "highest and best use" principle is not well served by using fossil fuel to heat our homes and haul our shit around.
Way back in the 90s, RMI was saying that we need to conserve petroleum products for applications that need very high, portable BTU density. Commercial air travel and shipping, for instance.
You nailed it Realist. For decades coal has pranced around beating their chests about how they were the only 'low cost' option for power. All while socializing their negative externalities to John Q. Public to the tune of $500 billion per year. That adds up to something close to 16 cents/kwH. If they had been forced to account for that externality solar power would have been competitive 20 years ago.
Remember the 2004 anti-Amendment 37 campaign funded by Intermountain REA and Tri-State proclaiming how just 10% renewable energy in our grid would cost us billions and lead to the collapse of the Colorado economy?
Yeah. That didn't happen.
I still have that argument once in awhile.
Exposure management is a cruel science, caring nothing for you nor I, but wholly dedicated to the corporate bottom line.
”. . . I wanna’ fly away”
https://youtu.be/mi9MLL8QOY0
Great song…![yes yes](https://cdn.ckeditor.com/4.11.3/full-all/plugins/smiley/images/thumbs_up.png)
Who could have imagined? Nobody would have guessed .
https://www.cnn.com/2020/04/17/politics/republican-governors-stay-at-home-coronavirus/index.html
fake, fake, fake
Those states are liberated.
And no matter how much the feds do, some states want more
Income inequality is the economic equivalent of "eating our seed corn". When consumer spending accounts for 70% of GDP, business execs really need to pay attention to who actually funds their annual bonuses.
This is not going to fix itself:
The System Who Rigged, How We Fix It Reich, Rober, 2020
Yes, there's socialism in there. But the kind we like , not Stalinism.
https://youtu.be/k5OAjnveyJo
He could be wrong. I hope he is