• Due to excessive bot signups along with nefarious actors we are limiting forum registration. Keep checking back for the register link to appear. Please do not send emails or have someone post to the forum asking for a signup link. Until the current climate changes we do not see a change of this policy. To join the forum you must have a compelling reason. Letting us know what skills/knowledge you will bring to the community along with the intent of your stay here will help in getting you approved.

Elon Musk offers $100M to whomever can effectively reduce atmospheric co2

PxD

Member
Joined
Aug 13, 2020
Messages
385
The major reason western governments push the C02 scam, is because we are at peak oil&gas. The remaining oil and gas requires way more energy to extract, making it less economical (ie shale oil).
Also most of the oil&gas reserves are controlled by Russia, Venezuela, Iran, Libya Iraq, Saudi Arabia.

The climate change agenda is to push renewable investment. However, they are finding the return on energy investment is also bad.

Germany was the major driver of renewables, but they have realised its not the answer. Hence the construction of Nord stream 2, which will put them under Russian influence.
💯

I work in the energy business and realized this years ago.

I’m convinced we are headed into an era of relative energy poverty. Some high-standard-of-living but energy-resource poor areas of the world are going to have an increasingly tough time. Western Europe and East Asia come to mind.
 

yerrag

Member
Joined
Mar 29, 2016
Messages
9,491
Location
Manila

PxD

Member
Joined
Aug 13, 2020
Messages
385
As opposed to Usrael influence?
Germany was already falling increasingly under Russian influence anyway because they've been shutting in their coal and nuclear and the best/cheapest place to get the necessary natural gas to fill the gaps (solar/wind have largely been a failure) has been Russia. Nord Stream 2 would just amplify this, allowing for greater volume delivery directly to Germany while bypassing troublesome Ukraine. This is why many in the EU and Washington DC are freaking out about NS2. Dysfunctional Ukraine would go from being an albatross around their necks to being a total basket case (no more revenue from transit fees) and Germany becomes a little more independent of Washington. US is trying anything it can to shut down the pipe but ultimately it will have to go into service. It's inevitable. Germany needs the gas and proposed alternatives like sending US LNG over there are pretty stupid, and by stupid I mean expensive. The only viable alternative is to reopen shuttered coal and nuclear plants, but in the current cultural climate that ain't gonna happen.

It's probably not a bad thing and brings the two countries closer together (as equals), which in my mind has always made geostrategic sense - as opposed to the Atlanticist Axis, which involves relying on a distant naval power (USA) in a patron-vassal relationship - even moreso now since Russia isn't communist any more while conversely America has become ground zero for the rot of woke Marxism, spreading that crap all over the world.
 

docall18

Member
Joined
Dec 11, 2013
Messages
351
Location
Ireland
Can you prove it?
qEtcB_3r-0S_ncgm2cPgx3g40DZoTKq7G3JBdwvv4xDsiVdhQopI1nZ7YXJp6RluYQN1V6kDtAAV2rHfHKi47ZwZFXZK5LqzkW1EsnJM-P9OeA




631px-Oil_and_gas_industry_reserves_by_nation.png

EROI-comparison-according-to-technique.png

1-s2.0-S0301421513003856-gr5.jpg

1-s2.0-S0301421513003856-gr8.jpg
 
Last edited:

PxD

Member
Joined
Aug 13, 2020
Messages
385
Those are good graphs except for the first one showing wind with 20 and solar with 10 EROI. That doesn’t take into account storage costs or costs imposed by intermittency. In reality wind is less than 10:1 and solar is probably around 2:1, basically useless for an industrialized society. Money pits.
 

PxD

Member
Joined
Aug 13, 2020
Messages
385
Also, tar sa
Those are good graphs except for the first one showing wind with 20 and solar with 10 EROI. That doesn’t take into account storage costs or costs imposed by intermittency. In reality wind is less than 10:1 and solar is probably around 2:1, basically useless for an industrialized society. Money pits.
Also tar sands should be higher on the curve, towards 8:1.

FWIW ethanol is 1.3:1, borderline useless.
 

ThinPicking

Member
Joined
Sep 9, 2019
Messages
299
Come on gents, 'eia.gov'.

Be careful with this meme. Michael Ruppert went crazy and blew his own face off with a shotgun.

Also @PxD. Considering modern money mechanics, how can you be sure these EROI calculations aren't cooked in the other direction? There's no legitimate price discovery for anything.
 
Last edited:

PxD

Member
Joined
Aug 13, 2020
Messages
385
Come on gents, 'eia.gov'.

Be careful with this meme. Michael Ruppert went crazy and blew his own face off with a shotgun.

Also @PxD. Considering modern money mechanics, how can you be sure these EROI calculations aren't cooked in the other direction? There's no legitimate price discovery for anything.
EROI is an estimate so there is going to be some fuzziness and argumentation around what the number for a specific energy source *really* is, what to include in the calculation, etc. EIA is not the source of these calculations. They come from academia (private sector) and the father of EROI analysis is Charles Hall.

I don't understand your comment about modern money mechanics and EROI calculations.

Regardless of EROI calculations, I can be pretty sure that shale oil, wind and solar have poor or even negative net energy production (EROI less than 1) because most of the companies that produce these energy products are cash burners.
 

ThinPicking

Member
Joined
Sep 9, 2019
Messages
299
Regardless of EROI calculations, I can be pretty sure that shale oil, wind and solar have poor or even negative net energy production (EROI less than 1) because most of the companies that produce these energy products are cash burners.
I agree somewhat. On shale and other unconventional resources, for the sick bastards that run this gaff it's an easier grab than more elaborate out of sight out of mind operations.

On the money thing. If it's priced in fiat and someone's telling you it's scarce, be suspicious.
 

gaze

Member
Joined
Jun 13, 2019
Messages
2,221
The major reason western governments push the C02 scam, is because we are at peak oil&gas. The remaining oil and gas requires way more energy to extract, making it less economical (ie shale oil).
Also most of the oil&gas reserves are controlled by Russia, Venezuela, Iran, Libya Iraq, Saudi Arabia.

The climate change agenda is to push renewable investment. However, they are finding the return on energy investment is also bad.

Germany was the major driver of renewables, but they have realised its not the answer. Hence the construction of Nord stream 2, which will put them under Russian influence.
Ray's opinion is that petroleum supply is endless because the earth will constantly create more. hes mentioned thomas gold's work, that theory was also held by some prominent soviets
 

Similar threads

Top