KING CHARLES III – [Extended Edition] – Hancock at WEF - Liz's Workers MIA? – Energy Price Cap – Ukraine Blame? – Voodoo Economics – Food Prices – Bankster Bonus - Letter from Great Britain [09-17-22]
KING CHARLES III – [Extended Edition] – Hancock at WEF - Liz's Workers MIA? – Energy Price Cap – Ukraine Blame? – Voodoo Economics – Food Prices – Bankster Bonus - Letter from Great Britain [09-17-22]
Great commentary regarding inflation. We in the US are momentarily taking note of oil price declines with some projecting further declines just prior to the election. Not clear if that is possible with the Sauds reducing production. The EU has handicapped itself with Russia, but long term likely a wise move to diversify supply. As you note energy underlies the economy worldwide and because of a group of fools who buy into the climate change nonsense, investment has stalled. If anything, investment in alternatives, particularly nuclear is way overdue. Without subsidy only solar homes stands a chance of a useful trend, but the Chinese controls need to be reworked globally. So very odd that factories in the third world have not arrived to improve their circumstances but offer an alternative to China.
But the truth is that without innovation coming out of western cultures, trying to reduce dependence of fossil fuels is limited. Where are those flow batteries to eliminate the waste of Li-ion on utility scale storage? Utility scale solar might work in the US, but the denser EU/UK might never become practical.
At any rate we all are going to see a rough winter as the world marches into recession. I suspect a growing number of people will be hurt and upset. Hopefully they will direct their anger at our leaders who uniformly seem incompetent.
Great commentary regarding inflation. We in the US are momentarily taking note of oil price declines with some projecting further declines just prior to the election. Not clear if that is possible with the Sauds reducing production. The EU has handicapped itself with Russia, but long term likely a wise move to diversify supply. As you note energy underlies the economy worldwide and because of a group of fools who buy into the climate change nonsense, investment has stalled. If anything, investment in alternatives, particularly nuclear is way overdue. Without subsidy only solar homes stands a chance of a useful trend, but the Chinese controls need to be reworked globally. So very odd that factories in the third world have not arrived to improve their circumstances but offer an alternative to China.
But the truth is that without innovation coming out of western cultures, trying to reduce dependence of fossil fuels is limited. Where are those flow batteries to eliminate the waste of Li-ion on utility scale storage? Utility scale solar might work in the US, but the denser EU/UK might never become practical.
At any rate we all are going to see a rough winter as the world marches into recession. I suspect a growing number of people will be hurt and upset. Hopefully they will direct their anger at our leaders who uniformly seem incompetent.
.....and I thought we had it bad here in the states. Great article.