- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Op/Ed by U of CA Professor: Expect financial fallout when the fossil fuel bubble bursts
Posted on 4/16/24 at 1:47 pm to Knight of Old
Posted on 4/16/24 at 1:47 pm to Knight of Old
quote:
We’re all gonna die
This is 100% true.
0
Posted on 4/16/24 at 1:54 pm to jscrims
quote:
Where do we get the electricity to charge these damn cars?
Whatever the most efficient generation process is for that location. People keep obsessing over wind and solar, but rarely look at nuclear or hydroelectric generation. Ultimately, the best solution is a combination of wind, solar, nuclear, hydroelectric, and even hydrocarbon based electricity. It seems like that would be the most flexible, robust and less vulnerable to things like OPEC. I’m really not sure why so many Americans insist that we remain vulnerable to Arabs for our energy needs.
Posted on 4/16/24 at 1:58 pm to ragincajun03
horseshite
Posted on 4/16/24 at 2:00 pm to WildTchoupitoulas
quote:
Whatever the most efficient generation process is for that location.
Learn about EROI.
It's location independent.
The right answer is nuclear followed by oil, natural gas, coal ... and way down the list are wind, solar, etc.
Posted on 4/16/24 at 2:04 pm to WildTchoupitoulas
quote:
Ultimately, the best solution is a combination of wind, solar, nuclear, hydroelectric, and even hydrocarbon based electricity.
What percentage for each?
Posted on 4/16/24 at 2:16 pm to ragincajun03
Fear porn.
Posted on 4/16/24 at 2:18 pm to ragincajun03
Where do we send the pallets of cash to solve this problem?
Posted on 4/16/24 at 2:24 pm to bad93ex
quote:
take more muscular action to speed the transition to clean energy needed to keep the planet safe
i love how they just assume it's a fact that what they're doing and what they want to do is having or will have any measurable impact.
Posted on 4/16/24 at 2:27 pm to ragincajun03
Really baws? I'm rather disappointed in y'all. Second page and no...
"How is this going to affect crawfish prices?"
"How is this going to affect crawfish prices?"
Posted on 4/16/24 at 2:55 pm to eatpie
quote:
Really baws? I'm rather disappointed in y'all. Second page and no...
"How is this going to affect crawfish prices?"
Because all the crawfish will be dead by 2034 if you don’t start paying your fair share of carbon taxes.
Posted on 4/16/24 at 3:04 pm to ragincajun03
quote:
The danger would arise, he said, unless there is a smooth energy transition, where the reassessment of fossil fuel energy asset values occurs gradually as clean energy replaces fossil fuels.
The most insightful part of the whole article.
Posted on 4/16/24 at 3:06 pm to ragincajun03
How fricking stupid is someone this credentialed?
Let him put his money on green energy and shorting fossil fuel.
Let him put his money on green energy and shorting fossil fuel.
Posted on 4/16/24 at 3:23 pm to Warfox
quote:
What about the next CDS bubble? Commercial real estate bubble?
Those + consumer debt bubble?
What if it all happened around the same time ?
That they happen all around the same time is my fear.
GDP comes from dollar sales, not unit sales. That said, a frickton of GDP's growth over the last year or so has come from consumer and federal debt creation. Expanding growth primarily through debt creation, especially when that debt has high interest, is an unsustainable endeavor.
Consumer defaults have been on the rise for over a year now, we're now back to 2013/2012 levels (when they were falling) and the current continued rise in inflation isn't going to change that.
All that said, I don't see how the credit bubble popping doesn't cause other bubbles to pop (and vice versa, it's likely to come down to just which one goes first). The solution is for Congress and consumers to stop spending so much and start paying DOWN their debt (instead of just servicing it), but that doesn't seem to be what enough people want so bad times are a-comin'.
Posted on 4/16/24 at 3:24 pm to ragincajun03
quote:
restabilize the climate and financial systems before it’s too late
Top grade fear mongering there. The truth is that all of the efforts to subsidize conversion from hydrocarbons to "green" energy are a major driving force in inflation. I retired rather than work on idiotic carbon reduction schemes. At the same time my former employer is licking their chops at all the money they can make since the governments opened up the money spigot for carbon reduction. Idiocy. And the idea that climate change initiatives will stabilize the markets is the exact opposite of the truth.
Posted on 4/16/24 at 3:27 pm to ragincajun03
All you have to do is replace "climate change" with " left wing power base" or " China's take over of the world" and you'll get close to the truth.
It's a relatively easy game to play with nearly any Marxist argument. Trust me, it works every time!
It's a relatively easy game to play with nearly any Marxist argument. Trust me, it works every time!
Posted on 4/16/24 at 3:30 pm to WildTchoupitoulas
quote:
I’m really not sure why so many Americans insist that we remain vulnerable to Arabs for our energy needs.
Exactly.
So-called "conservatives" say they value energy independence, but chafe at the possibility of developing a truly independent system.
They say they value individual liberty, but chafe at the possibility of putting power (literally) back in the hands of individuals rather than state-enforced and state-subsidized utility monopolies.
If you care about independence and individual liberty, it is logical that you would favor an energy system that matches your values.
If you say you value these things, but wretch at the thought of renewable energy, perhaps you've been victimized by the right-wing driven and fossil-fuel-funded propaganda machine.
This post was edited on 4/16/24 at 3:33 pm
Posted on 4/16/24 at 3:53 pm to AmishSamurai
quote:
Learn about EROI.
This changes over time with changes in technology. The return on investment for solar has changed enormously since the costs of panels has come down.
quote:
It's location independent.
So you think the return on investment for a hydroelectric dam isn't location dependent? You ever see them build a dam where there is no source of water?
You think Geothermal electrical generation return on investment doesn't depend on how accessible geothermal energy is?
Consider Iceland:
85% of the total primary energy supply in Iceland is derived from domestically produced renewable energy sources. Geothermal energy provided about 65% of primary energy in 2016, the share of hydropower was 20%
Do you really think that's not related to their location? You would force Iceland to be dependent on importing oil in order for them to have a positive return on investment for their energy sector?
quote:
...way down the list are wind, solar, etc.
Wrong. Those should be used when they are the most efficient. Having multiple ways of generating power is superior to being limited to one source.
Posted on 4/16/24 at 3:55 pm to ragincajun03
quote:
Yet over the ensuing decade, the fossil fuel industry has continued to delay the necessary energy transition and even convinced many people to falsely believe that climate change is not caused by burning fossil fuels.
Any change in climate is more influenced by that big arse fusion reactor 93 million miles away.
All this blah blah blah about fossil fuels and carbon dioxide which only accounts for 0.04% of our atmosphere.
These people are full of crap.
Posted on 4/16/24 at 3:57 pm to ragincajun03
quote:
Climate change
Stopped reading right there.
Posted on 4/16/24 at 4:05 pm to WildTchoupitoulas
You never took or failed physics as well.
Nuclear energy EROI is far greater than every other power source we can produce, no matter the location.
Investment in a dam or geothermal at certain locations works ... but one nuclear power plant at the same location would produce 100x the energy for the same investment ...
Go learn about nuclear fission and EROI ... and maybe read about thorium tiny reactors ...
The future is nuclear and all the other green energy ideas are poppycock
Nuclear energy EROI is far greater than every other power source we can produce, no matter the location.
Investment in a dam or geothermal at certain locations works ... but one nuclear power plant at the same location would produce 100x the energy for the same investment ...
Go learn about nuclear fission and EROI ... and maybe read about thorium tiny reactors ...
The future is nuclear and all the other green energy ideas are poppycock
This post was edited on 4/16/24 at 4:09 pm
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News