Enjoyed the Article in the main, but as an EV driver myself the past 6 years, getting a bit tired of the photo of the Tesla and the Generator. Bill Bonner also posted the same photo only a few weeks ago and I also commented that it was poorly researched. That photo has been doing the rounds on EV forums for years as a bit of a laugh. There are no long lines at EV chargers. I like most ev drivers charge overnight at home on Cheap Night Rate electricity, and ive never ran out of electricity in all the years driving. I recently did a 2,500km trip from Ireland and around Scotland in my Kona ev without any charging issues. I am though very aware where a lot of that energy comes from and the mining of the materials required to build the evs, but that same mining is required for Petrol and Diesel cars. Even where that Electricity is produced using Oil, Gas an EV is up to 80% more efficient using that same energy than an equivalent Combustion Engine Car. Also when pulling up outside a School to drop off children there are no emissions coming out an exhaust pipe . In terms of producing enough Energy for the Transition to Electric Vehicles we definitely need to go Nuclear. Unfortunately many European countries are giving up on Nuclear, but some like UK and France are Increasing their use of Nuclear Power. Im particularly interested in these Small Modular Nuclear Reactors under construction at a test side in Idaho Falls by NuScale. Im also an investor in Uranium through Sprott Physical Uranium Fund U.UN That has by far been my best investment to date getting in when no one wanted to own it and forgetting about it for a couple of years. Bit like the BPR trade of the Decade, long Oil, short Dollar.
I first started saying “Liberalism is a mental disorder” back in the Clinton days, way before the fact came public. What we see now, is the offspring of these mentally challenged humans, and here we are…95% of university students surveyed this past year agreed that they suffer from some type of mental disorder caused by the lack of schooling and lock downs. It’s what their teachers and media re-enforced in their empty heads daily, until it became reality. Seems like another ploy by those same mentally deranged Liberals/communist to help create another voting block other then illegal aliens and felons…
Cute article but for me missed the point - how are we going to power human civilization in the 21st century without thrashing the climate? There are numerous technical innovations out there that lack the political and financial clout to effect the switch. Perhaps Bonner should publish some articles on these innovations, as it will be us - the investors who will be needed to make the change, (and make money in the process). I recommend looking forward rather than belittling possible changes.
There was an even more absurd protest over the weekend in London during which a hideous ginger haired man in a dress hurled orange paint over Aston Martin’s windows whilst spewing incoherent climate alarmist nonsense. What a vile cult it is!
Reminds me of the local communist party selling T-Shirts for their cause at a "green" event. I got a little chuckle over. I do remember being young and I suspect these kids will live to laugh at their younger selves.
Really interesting discussion of fossil fuel usage! Thanks for the reminder. Mr. Entwhistle in his comment echoed the observation of my late father, a career geologist and oil company executive, that fossil fuels are so valuable for everything else that it approaches criminal to waste them by burning.
As to the pink-haired environmentalists, I think that leaving them glued to the wall would be appropriate. It might discourage others from such foolishness.
Stop giving morons attention. It will work for mass shooters as well as young people who destroy works of art for attention, though the destruction has nothing to do with their alleged issue.
Unfortunately, ignoring people doesn't work for the motorcycle drivers, pickup owners and the drivers of rice burners who decide they want to own a car/motorcycle that doesn't have a muffler that does its intended job. They have decided to cry out about their insecurities to the world, damn their neighbors and their community.
Turns out that 2.6 M years ago pulsating ice ages began. One million years ago the earth shifted into longer 100,000 year and more severe ice ages due primarily to the influence of the 100,000-year Milankovitch elliptical circle around the sun. Interglacial warming periods have averaged about 15,000 years and our last deglaciation began 11,700 years ago.
Could we enjoy well in advance a beneficial global warming and avoid both a severer next ice age and expensive often-fanatical green-new deal climate fixes?
Bob
Advice: “Let technology and markets work at their own pace." Why not?
I was recently on a whale cruise which was great but it reminded me that the discovery of fossil fuel saved the whales from extinction.
Just like the invention of the motor car save our cities from being engulfed in horse manure and dead horses.
These really are environ MENTAL activists.
I despair and unfortunately they are correct. There is no planet B we can go to in order to escape their hissy fits and tantrums.
An excellent article / post Joel. Thanks for all your good work.
I was a student of chemical engineering in the 70s and learned a lot about what oil can be used for. Joel's notes hardly scratch the surface.
What becomes apparent is that oil is much too valuable to burn.
Related arguments that might be made by large and small minds alike amount to little more than petty political posturing.
Enjoyed the Article in the main, but as an EV driver myself the past 6 years, getting a bit tired of the photo of the Tesla and the Generator. Bill Bonner also posted the same photo only a few weeks ago and I also commented that it was poorly researched. That photo has been doing the rounds on EV forums for years as a bit of a laugh. There are no long lines at EV chargers. I like most ev drivers charge overnight at home on Cheap Night Rate electricity, and ive never ran out of electricity in all the years driving. I recently did a 2,500km trip from Ireland and around Scotland in my Kona ev without any charging issues. I am though very aware where a lot of that energy comes from and the mining of the materials required to build the evs, but that same mining is required for Petrol and Diesel cars. Even where that Electricity is produced using Oil, Gas an EV is up to 80% more efficient using that same energy than an equivalent Combustion Engine Car. Also when pulling up outside a School to drop off children there are no emissions coming out an exhaust pipe . In terms of producing enough Energy for the Transition to Electric Vehicles we definitely need to go Nuclear. Unfortunately many European countries are giving up on Nuclear, but some like UK and France are Increasing their use of Nuclear Power. Im particularly interested in these Small Modular Nuclear Reactors under construction at a test side in Idaho Falls by NuScale. Im also an investor in Uranium through Sprott Physical Uranium Fund U.UN That has by far been my best investment to date getting in when no one wanted to own it and forgetting about it for a couple of years. Bit like the BPR trade of the Decade, long Oil, short Dollar.
I first started saying “Liberalism is a mental disorder” back in the Clinton days, way before the fact came public. What we see now, is the offspring of these mentally challenged humans, and here we are…95% of university students surveyed this past year agreed that they suffer from some type of mental disorder caused by the lack of schooling and lock downs. It’s what their teachers and media re-enforced in their empty heads daily, until it became reality. Seems like another ploy by those same mentally deranged Liberals/communist to help create another voting block other then illegal aliens and felons…
I. Just. Love. This.
Keep it up. No shortage of material.
Cute article but for me missed the point - how are we going to power human civilization in the 21st century without thrashing the climate? There are numerous technical innovations out there that lack the political and financial clout to effect the switch. Perhaps Bonner should publish some articles on these innovations, as it will be us - the investors who will be needed to make the change, (and make money in the process). I recommend looking forward rather than belittling possible changes.
Brilliant Joel!
There was an even more absurd protest over the weekend in London during which a hideous ginger haired man in a dress hurled orange paint over Aston Martin’s windows whilst spewing incoherent climate alarmist nonsense. What a vile cult it is!
Reminds me of the local communist party selling T-Shirts for their cause at a "green" event. I got a little chuckle over. I do remember being young and I suspect these kids will live to laugh at their younger selves.
It is always satisfying to see hubris and ignorance skewered by facts. No one does it better than the folks at Bonner Private Research.
Really interesting discussion of fossil fuel usage! Thanks for the reminder. Mr. Entwhistle in his comment echoed the observation of my late father, a career geologist and oil company executive, that fossil fuels are so valuable for everything else that it approaches criminal to waste them by burning.
As to the pink-haired environmentalists, I think that leaving them glued to the wall would be appropriate. It might discourage others from such foolishness.
Great writing, although, since we share similar ways to (try to) understand the world, I am biased.
I wonder if we (humans) are not like lemmings - maybe there are too much of us, resulting in some starting to behave in a self destructive way.
But I am here to ask - is there a way to get the wine from Tacana Winery in Brazil?
Thanks
Bugger! Tried to order the Tacana Malbec but no shipping to my farm in Australia!!
Stop giving morons attention. It will work for mass shooters as well as young people who destroy works of art for attention, though the destruction has nothing to do with their alleged issue.
Unfortunately, ignoring people doesn't work for the motorcycle drivers, pickup owners and the drivers of rice burners who decide they want to own a car/motorcycle that doesn't have a muffler that does its intended job. They have decided to cry out about their insecurities to the world, damn their neighbors and their community.
Re: Climate.
Turns out that 2.6 M years ago pulsating ice ages began. One million years ago the earth shifted into longer 100,000 year and more severe ice ages due primarily to the influence of the 100,000-year Milankovitch elliptical circle around the sun. Interglacial warming periods have averaged about 15,000 years and our last deglaciation began 11,700 years ago.
Could we enjoy well in advance a beneficial global warming and avoid both a severer next ice age and expensive often-fanatical green-new deal climate fixes?
Bob
Advice: “Let technology and markets work at their own pace." Why not?
We couldn’t agree more. The war on fossils fuels is a war on humanity’s way of life. It goes against reason.
Our article, Oil Ain’t Toast, expressed the same argument from a different angle.
https://specialsituationinvesting.substack.com/p/oil-aint-toast