The Natural Philosopher
2022-10-26 16:26:17 UTC
"Economist Jeff Currie of Goldman Sachs (Global Head of Commodities
Research in the Global Investment Research Division): “Here’s a stat for
you, as of January of this year. At the end of last year, overall,
fossil fuels represented 81 percent of overall energy consumption. Ten
years ago, they were at 82. So though, all of that investment in
renewables, you’re talking about 3.8 trillion, let me repeat that $3.8
trillion of investment in renewables moved fossil fuel consumption from
82 to 81 percent, of the overall energy consumption. But you know, given
the recent events and what’s happened with the loss of gas and replacing
it with coal, that number is likely above 82.” … The net of it is
clearly we haven’t made any progress.”"
So where did that $3.8 trillion actually *go*
Into green envelopes to policy makes in the White house, Brussels,
Australia and New Zealand parliaments, JustinThyme Trudeaux...
And of course the pockets of the people in the wind and solar business
who got GUARANTEED returns on investment, whether their crap actually
worked to reduce emissions, or not.
And if you look at the CO2 in the air at
https://gml.noaa.gov/ccgg/trends/
Its clear that £3.8 trillion has been spent with * no discernible effect
whatsoever*.
Which is exactly what people who understand electricity generation have
been saying for a decade. Holistically, renewable energy makes no
difference to emissions.
Meanwhile our new PM, has reintroduced the ban on Fracking by setting an
impossible constraint 'unless science can prove its safe' as if science
ever could prove any positive ever - its philosophically impossible -
and is set to thereby increase energy prices, increase inflation which
will be countered by the bank of England increasing interest rates
which, given that mortgages are an even bigger component of expenditure,
increase inflation even more...
.. there is no positive feedback in the climate, but by 'eck, Mildred,
Dishi fishy has managed to smack it into economics as interest rates
rises cause inflation cause interest rate rises...
You thought Liz truss was the worst PM ever.
I Bring you the Brown Goblin.
Hang on to your savings and emigrate NOW.
Research in the Global Investment Research Division): “Here’s a stat for
you, as of January of this year. At the end of last year, overall,
fossil fuels represented 81 percent of overall energy consumption. Ten
years ago, they were at 82. So though, all of that investment in
renewables, you’re talking about 3.8 trillion, let me repeat that $3.8
trillion of investment in renewables moved fossil fuel consumption from
82 to 81 percent, of the overall energy consumption. But you know, given
the recent events and what’s happened with the loss of gas and replacing
it with coal, that number is likely above 82.” … The net of it is
clearly we haven’t made any progress.”"
So where did that $3.8 trillion actually *go*
Into green envelopes to policy makes in the White house, Brussels,
Australia and New Zealand parliaments, JustinThyme Trudeaux...
And of course the pockets of the people in the wind and solar business
who got GUARANTEED returns on investment, whether their crap actually
worked to reduce emissions, or not.
And if you look at the CO2 in the air at
https://gml.noaa.gov/ccgg/trends/
Its clear that £3.8 trillion has been spent with * no discernible effect
whatsoever*.
Which is exactly what people who understand electricity generation have
been saying for a decade. Holistically, renewable energy makes no
difference to emissions.
Meanwhile our new PM, has reintroduced the ban on Fracking by setting an
impossible constraint 'unless science can prove its safe' as if science
ever could prove any positive ever - its philosophically impossible -
and is set to thereby increase energy prices, increase inflation which
will be countered by the bank of England increasing interest rates
which, given that mortgages are an even bigger component of expenditure,
increase inflation even more...
.. there is no positive feedback in the climate, but by 'eck, Mildred,
Dishi fishy has managed to smack it into economics as interest rates
rises cause inflation cause interest rate rises...
You thought Liz truss was the worst PM ever.
I Bring you the Brown Goblin.
Hang on to your savings and emigrate NOW.
--
There is something fascinating about science. One gets such wholesale
returns of conjecture out of such a trifling investment of fact.
Mark Twain
There is something fascinating about science. One gets such wholesale
returns of conjecture out of such a trifling investment of fact.
Mark Twain