Tuesday On Turtle Island

Woke Overseas:  The Dublin riot.  Jail, but only for white men.

Global Warming Scam News:  The climate cult.  Justin’s journalists must scare us.

Dementia Joe’s America:  The Biden crime family.

Blackie’s Canada:  Islamophobia running rampant in Canada (JW).  Mostly peaceful Saturday in Toronto.  NDP wants Hamas supporters brought to Canada.  The climate deniers up north.

Your morning meme.  Bonus meme.  And another meme.

Elon Musk: Man of the Year

My latest at Newsweek: 

“The end of the calendar year brings Christmas music to airwaves, shoppers to malls, families to therapy, and Time Magazine’s Man of the Year (now “Person of the Year”). This year’s shortlist just went live, and it includes Taylor Swift, Xi Jinping, and Barbie. But whatever the editorial board of Time says, there’s no doubt that if the Person of the Year was a fair contest, it would be awarded to one man and one man alone: Elon Musk.”

Y2Kyoto: Reality Bites

Anas Alhajji: As COP28 is being held in Dubai with the oil industry participating in such events for the first time, the oil industry wasted no time making its case. We decided to repost this article for everyone to read.

EOA’S MAIN TAKEAWAYS

1. Data indicates that future demand for oil and gas is UNDERESTIMATED, while demand destruction is HYPED.

2. Global energy demand is increasing, making decarbonization more difficult to achieve, and the process of replacing fossil fuels slower.

3. Despite massive spending on renewables in the last two decades, fossil fuels remain the dominant source of energy in the world, even in Europe.

4. Coal remains the dominant source of electricity in India and China.

5. Oil is rarely used in power generation in the OECD, China, and India. Doubling or tripling solar and wind energy sources will have a very limited impact on oil demand. However, the failure of renewable energy, and consequent power shortages, will have a significant impact on oil demand.

6. As LNG prices reached a record high in 2022, oil use in power generation increased. The level of substitution among various energy sources last year was unprecedented.

We Don’t Need No Flaming Sparky Cars

“Sticker shock”

… has taken on a whole new meaning when new electric vehicle owners get their first repair bill following a simple fender bender. The Wall Street Journal reports that a San Francisco resident got in a minor accident with his electric truck. He thought that repairs would be “a couple-thousand-dollar bill from the repair shop and to be without his truck for a couple of weeks.”
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Instead, the first-time EV owner was shocked to get a $22,000 bill for repairs that took 2 1/2 months.

The Biden administration has a goal to have 50% of all new cars on the road in 2030 be electric vehicles. That’s about 48 million cars and trucks. Owners are going to need chargers on the road, mechanics to service them, and parts to repair their vehicles.

@SullyCNBC: It’s one reason – along with low resale – that Europe’s biggest car rental company just dumped em

Gradually, Then Suddenly

@Martyupnorth_2

Warning: The Bank of Canada is on track to lose over $5 billion in 2023.

The Bank of Canada released it’s 3rd Quarter report on Nov 17, 2023, and no one wants to talk about, not even the Conservatives, because it’s so bad. They don’t want to scare Canadians.

The Bank incurred net losses of $1,459 million ($1.46 billion) and $4,461 million ($4.4 billion) for the three- and nine-month periods ended September 30, 2023, respectively, primarily because the interest incurred on deposits was greater than the interest earned on investments. The interest expense on deposits was higher as a result of increases in the Bank’s policy interest rate, which increased from 0.25% in the first quarter of 2022 to 5.00% in the third quarter of 2023

Last year the Bank of Canada had it’s first loss in its 87-year history, and they paid themselves nearly $10 million in performance bonuses. This year the bank is on track to lose over $5 billion because of band borrowing.

Bogged Down

When even the leftist corporate media starts to question the Ukraine’s war strategy, it’s generally a pretty clear sign that the honeymoon is over.

The United States provides both Israel and Ukraine with military aid, and the breakout of a new war has raised fears about whether artillery shells and air defense missiles, once intended for Kyiv and already in short supply, would be diverted to Israel. Aid for both countries faces an uncertain path in the deeply divided Congress, and Ukraine was already facing a shortfall on what it was promised by the European Union.

The president is also facing criticism in some circles for signaling that he opposes holding next year’s scheduled presidential election amid the war, and Kyiv Mayor Vitali Klitschko said last week that the country was moving toward authoritarianism.

“At some point we will no longer be any different from Russia,” Klitschko told German news outlet Der Spiegel.

I am Spartacus! I am Duncan!

Do y’all like gladiator movies? What’s better than a bunch of big men trying to kill each other with swords, axes, spears and just good old fashioned bare fists. Not much in my opinion. It’s like UFC, except there is all that blood, dismemberment and death. The classic line by Russell Crowe in Gladiator “Are you not entertained?” always come to mind.

Like all screwed up stories in Canada lately, this one begins with our fearless leader, Justin Trudeau.

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