Category: Alternative Subsidy

We Don’t Need No Stinking Giant Fans

Peter Foster;

Amid hundreds of graphs, charts and tables in the latest World Energy Outlook (WEO) released last week by the International Energy Agency, there is one fundamental piece of information that you have to work out for yourself: the percentage of total global primary energy demand provided by wind and solar. The answer is 1.1 per cent. The policy mountains have laboured and brought forth not just a mouse, but — as the report reluctantly acknowledges — an enormously disruptive mouse.

 

The International Energy Agency (IEA) has in recent years become an increasingly schizophrenic organization. As both a source of energy information and a shill for the UN’s climate-focused sustainable development agenda, it has to talk up the “transition to a low-carbon future” while simultaneously reporting that it’s not happening. But it will!

Related: Professor Valentina Zharkova Breaks Her Silence and CONFIRMS “Super” Grand Solar Minimum.

h/t rd

We Don’t Need No Flaming Sparky Cars

Tough week for Subsidy Fraud Boy.

Shares of Tesla plunged as much as 9 percent Friday after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast, capping a tumultuous month since Musk launched the company into controversy with a take-private tweet.

 

The stock opened Friday’s session at $260.10 before paring losses slightly. Shares were roughly 7 percent down after the first hour of trading, closing down 6 percent. It extends a painful week for the automaker. As of Friday’s close, the stock lost more than 11 percent on the week.

There is no Model Y, pickup truck, semi or Roadster. Or solar roof either, for that matter. These products do not exist. And is not building the capacity to make them. I have never seen a company simply make things up on such a grand scale. It’s legally breathtaking!

Oops.

We Don’t Need No Flaming Sparky Cars

Here’s the backstory;

Tesla whistleblower Martin Tripp is tweeting internal emails, photos and vehicle identification numbers that he says are evidence of flawed manufacturing practices at Tesla’s battery factory, and product sold by Tesla that is imperfect, and could put drivers’ lives at risk.
 
Tripp has, in previous interviews, said that Tesla’s Gigafactory took dangerous manufacturing shortcuts, and that Elon Musk had direct knowledge of these and failed to intervene.

Which prompted the latest chapter in Twitter’s corporate suicide note: Twitter Promptly Suspends Tesla Whistleblower Following Tweets About His Former Employer.

That’s right! Twitter is now suspending accounts for Musk-a-phobia. But I digress…

Hmmm… what’s the hold up?

And then, there’s the little SEC problem.

Or you can just grab a beverage and stroll through short-seller Mark Spiegel’s feed.

We Don’t Need No Stinking Giant Fans

The New York State Thruway Authority — the governing body of a major toll highway that runs across the state — has taken part in New York’s attempts to transition to renewable energy. From 2013 to 2015, the authority built five wind turbines along the thruway in the western corner of the state.
 
The project was expensive, with the five windmills costing $4.8 million and another $500,000 for design expenditures. The authority believed that the turbines would pay for themselves, saving as much as $420,000 annually on energy bills.
 
However, the project did not go as planned.

Depends on what the plan was.

We Don’t Need No Flaming Giant Fans

 Oops

In CBC’s report earlier this week, workers at the Henvey Inlet wind farm site said they were under such intense deadline pressure to clear the land to make way for turbines that crews continued to blast rock despite extreme fire hazard conditions.

 

They said they managed to douse several fires sparked by the ongoing construction. But when the Argo got stuck in the bush late in the afternoon on July 18, flames spread and quickly got out of control, the workers said.

h/t Jamer

They Don’t Need No Stinking Giant Mirrors

SDA gets RESULTS!

Ontario’s new Progressive Conservative government is cancelling 758 renewable energy contracts, in what it says is an effort to reduce electricity bills in the province. […]

 

“For 15 years, Ontario families and businesses have been forced to pay inflated hydro prices so the government could spend on unnecessary and expensive energy schemes,” Rickford said. “Those days are over.”

They don’t need no flaming sparky cars, either.

(h/t raid)

We Don’t Need No Stinking Giant Fans

New data show Canadian investment in clean technology has cooled off over the past three years, despite myriad programs introduced by Ottawa to boost spending on green infrastructure and shift the country towards a lower carbon economy.

 

Canadian private sector investment in clean technologies have fallen by half since 2014, dropping to a combined US$9.4 billion over the past three years, compared with US$19.5 billion between 2012-2014, according to data from Bloomberg New Energy Finance. Investments rose to US$3.3 billion last year, compared to US$2.3 billion, but is less than half of the peak in 2014. Investments in the first two quarters of 2018 appear to be below the fourth-quarter running average, BNEF data shows. […]

 

“Any time you have a ratcheting down of subsidies, in the immediate aftermath you see a total destruction of the market,” said Amy Grace, head of North American research at Bloomberg New Energy Finance.

Do tell.

h/t raid

We Don’t Need No Stinking Giant Mirrors

They were promised there’d be no physics.

The single board member of state-run Korea Hydro and Nuclear Power to oppose the closure of the Wolseong No. 1 nuclear reactor in North Gyeongsang Province has spoken out about his reasons.  […]

 

He claimed the government’s aim of boosting the proportion of renewable energy to 20 percent by 2030 is “a far stretch.”

 

 

The government insists that Korea has the conditions to support both wind and solar power. But Cho disagrees. “The technology to produce high-quality power from a small amount of wind still needs developing, and the government is being too hasty.” He added that whole mountains may have to be razed for solar parks, and such systems require numerous power substations.

Y2Kyoto: Plunder Down Under

Living industry…

Coal is set to regain its spot as the nation’s biggest export earner amid higher prices and surging demand from Asia, sparking fresh calls from the Turnbull government for Labor to end its “war on coal”.
 

The Department of Industry, Innovation and Science figures show total coal exports are forecast to reach $58.1 billion in 2018-19, overtaking iron ore ($57.7bn) for the first time in ­almost a decade.

Dying industry…

What do Australia’s big four banks do — ask Greenpeace for investment advice.

We Don’t Need No Stinking Giant Fans

Britain’s gone nine days with almost no wind generation, and forecasts show the calm conditions persisting for another two weeks.

 

The wind drought has pushed up day-ahead power prices to the highest level for the time of year for at least a decade. Apart from a surge expected around June 14, wind levels are forecast to stay low for the next fortnight, according to The Weather Company.

Via WUWT

We Don’t Need No Flaming Sparky Cars

WUWT;

Using a recent forecast prepared by the U.S. Energy Information Administration, Lesser’s analysis shows that, over the period 2018 – 2050, the electric generating plants that will charge new EVs will emit more air pollution than the same number of new internal combustion engines, even accounting for air pollution from oil refineries that manufacture gasoline.

 

I am so ahead of my time.

h/t TimR

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