MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Energy’

My Energy is Your Problem – The Birth of a New Europe

Posted by M. C. on April 25, 2022

No amount of financial wizardry, pathetic virtue signaling about Climate Change, malinvestment into inefficient and unsustainable ‘renewables,’ or military threats would ultimately change the outcome of this story.

The birth of a new Europe is one where the currency risk is now all on the importer of commodities, not the exporter of commodities. I’ve been saying for years that Europe always thought that its huge share of Russian energy exports would give it monopsony power over Russia. That, they thought, without Europe as a buyer, Russia would be at their mercy.

“Energy makes energy anyhow
So spend yourself and get rich right now”

— Marillion “Rich”

Tom Luongo

This day has been a long time coming. From the moment, more than a decade ago, when it was finally admitted that Europe was destined to be an energy importer, we were going to see the climax of the showdown between the West and Russia.

Europe as energy importer always meant that time was on Russia’s side. All it had to do was draw the conflict out long enough, survive long enough, to force Europe into submission. Russia has the energy Europe needs, no one else can supply it, therefore the final decision will be to accept this fate.

No amount of financial wizardry, pathetic virtue signaling about Climate Change, malinvestment into inefficient and unsustainable ‘renewables,’ or military threats would ultimately change the outcome of this story.

Output off the North Slope has fallen off and Groningen’s gas fields are drying up faster than Hillary’s va-jay-jay with each twist of John Durham’s investigation into RussiaGate.

Every gambit to secure energy from Ukraine (Donbass coal, gas fields in the Sea of Azov) and the Middle East (Syria, EastMed Pipeline, Iran) have also failed.

This is the basic problem the EU faces in its quest for political hegemony. How does it get around this basic fact without fomenting 1) a political crisis at home and 2) a war with Russia and the rest of the Global South who support her, it cannot win?

Force Majeure

Since the start of the war in Ukraine, a conflict created by EU complicity in NATO’s long-standing war on Russia, the EU has tried to play the victim of US/UK aggressiveness while happily going along with it for their own purposes.

That purpose is to advance their agenda of erecting a total surveillance state under the guise of a radical response to Climate Change. Their problem is they have no viable replacement for Russian energy, be it oil, coal or gas, that is capable of sustaining them in the interim.

All of their refusals were met with Russian intransigence. After gleefully going along with the theft of Russian foreign exchange reserves, as well as forcing the abandonment of Russian state assets like seizing Gazprom’s subsidiary in Germany, Europe still tried to say Russia had no legal right change the terms of payment for Russian energy.

It was hilarious to watch as EU sycophants tried to argue Russia had no legal right to claim to force majeure after the EU prohibited Gazprom from spending the euros they would be paid for its gas.

The Russian government responded with a demand for payment for all exports to legally-defined ‘unfriendly countries’ in either gold or Russian rubles. And the howls were heard all around the world.

Even though acts of war, including sanctions, are a typical clause in all Gazprom supply contracts:

See the rest here

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The Disintegrated States of America – LewRockwell

Posted by M. C. on May 24, 2021

https://www.lewrockwell.com/2021/05/no_author/the-disintegrated-states-of-america/

Andrei Martyanov’s new book on imperial decline features a devastating indictment of US political mediocrity

By Pepe Escobar
Asia Times

His new book, Disintegration, completes a trilogy. And it’s a stunning departure.

Here, Martyanov, in meticulous detail, analyzes the imperial decline thematically – with chapters on Consumption, Geoeconomics, Energy, Losing the Arms Race, among others, composing a devastating indictment especially of toxic D.C. lobbies and the prevailing political mediocrity across the Beltway. What is laid bare for the reader is the complex interplay of forces that are driving the political, ideological, economic, cultural and military American chaos.

Chapter 3, on Geoeconomics, is a joy ride. Martyanov shows how geoeconomics as a field separate from warfare and geopolitics is nothing but an obfuscation racket: good old conflict “wrapped in the thin shroud of political sciences’ shallow intellectualism” – the stuff Huntington, Fukuyama and Brzezinski’s dreams are made of.

See the rest here

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Fantastical Energy – American Thinker

Posted by M. C. on February 22, 2021

As the catastrophic results in Texas this week show us, weather modeling is as iffy as using your online astrologer to plan your investments. (It was supposed to be sunny and mild.) Such forecasts are too unreliable to count on ever, but particularly when the weather is harsh and your need for reliable energy is greatest. In the real world, we have the choice of spending more money to harden conventional energy production and transmission or living with unreliable energy.

https://www.americanthinker.com/articles/2021/02/fantastical_energy.html

By Clarice Feldman

Energy issues are boring to many people, full of the sort of things the current wizards of academia and the press consider “white privilege” and “patriarchal” thinking — you know, the kind of thing in which correct answers matter more than subjective feelings. Significant numbers of people escape into fantasy worlds rather than consider reality, which is not only boring, but often harsh enough that it requires us to make hard choices. Escapism seems preferable.

On the one hand, we have those hucksters who profit off our ignorance by providing dire forecasts, the daily frisson of horrific scenarios which appeal to the growing number of neurotics who need it as much as their morning coffee to jumpstart their sluggish mental systems, along with politicians who feather the nests of their buddies with expensive, nonfunctioning projects like Solyndra.  If you’ve forgotten them here are 50  of them, everything from famine to death by “blue steam,” and from a return to  ice ages to drowning by ice melts caused by climate warming.

A little something in the noggins of newspaper readers to fill the space between what’s happening with the Kardashians and the Sussexes.

On the other hand, the complexity of the issue induces others to seek less banal reality in fantasies in which free energy is there for the taking with no downsides. Both fantasies operate in tandem: We’re going to die any minute from the greenhouse effect caused by eating meat from animals that fart; by using electricity, pumping water and heating and cooling our homes and offices with energy generated by conventional means and driving our own gasoline-powered autos instead of using mass transit and electric cars. The fantasy continues that  we can only avoid it by blanketing the countryside with windmills and solar arrays and using hydro power.

Reality does not comport with our imaginations. To take one example of such thinking — there’s the claim that “just 0.1% of the heat content of Earth could supply humanity’s total energy needs for 2 million years.” — My online friend “The Great Iggy” does  know how to  count and he responds: 

This may or may not be a useful, profitable technology but “eye catching” is not the term for a pointless hyperbolic statement like the above. That’s like the claims for how much energy the sun deposits on earth’s surface each day.

We cannot tap .1% of the earth’s heat content or even a meaningful fraction of .1% of it any more than we can or should want to coat the surface of the earth with solar panels.

If we had any damned brains or weren’t under the spell of prog imbeciles we would build whatever is the cheapest energy source and enjoy the benefits of it, including a greening, wetter planet if one of the cheap source’s side effects was increased CO2.

As the catastrophic results in Texas this week show us, weather modeling is as iffy as using your online astrologer to plan your investments. (It was supposed to be sunny and mild.) Such forecasts are too unreliable to count on ever, but particularly when the weather is harsh and your need for reliable energy is greatest. In the real world, we have the choice of spending more money to harden conventional energy production and transmission or living with unreliable energy.

“Renewable intermittency is the new systematic challenge to grid reliability.” 

 The guilty party will be our choice not to invest in pipelines and backup gas plants to support our desired renewables in the face of cold spells a lot more predictable than those that landed on Texas.

This outcome is all but guaranteed unless we get a better discussion than the one we’re having. Then something else will become manifest: When the design performance limitations of utility systems come into play, it will always be in the interest of politicians and utility executives to change the subject to global warming.

Somehow voters have to focus on the fact that unless we spend money to improve reliability, we will face more $9,000 per megawatt hour (instead of $50 per megawatt hour) as Texas just did, an increase in the cost of electricity that consumers will be stuck paying for anyway.

The details of the Texas outage are explained at Powerline blog. On the reliability grading scale, natural gas scored highest even though some natural gas pipelines froze. Monday through Thursday natural gas provided over 65  percent of all electricity generation. What didn’t work?

“Green” energy: solar, wind and hydro. Solar was irrelevant to energy production in the storm, wind was virtually irrelevant as well. Indeed, it came out worst on the reliability scale, there was little wind in this cold blast and, worse, when it gets really cold “they draw power off the grid to heat their motors… they become consumers, not producers of energy.” 

There are other steps to consider to increase reliability during these rare events, mostly weatherizing the energy infrastructure, but that will cost money and — let me just spitball here — once the disaster is over, it will be politically unfeasible to advance such a program. 

Instead of real solutions, we see political leaders like Chuck Schumer blather on:  “It’s long past time for our Senate to take a leading role in combatting the existential threat of our time: climate.”  Alexandria Ocasio-Cortez equates the fight to mitigate “climate change” (just a short while ago that was “climate warming” which proved ridiculous because it wasn’t much) which she dubbed her generation’s “World War II.” A year ago, about the same time Ocasio-Cortez learned to her amazement there was such a thing as kitchen garbage disposals, she proposed her fantasy “Green New Deal.”

Remember?  Stunningly Absurd “New Green Deal”

Here are some of the key ideas.

  1. Upgrade all existing buildings in the US
  2. 100% clean power
  3. Support family farms
  4. Universal access to healthy food
  5. Zero-emission vehicle infrastructure
  6. Remove greenhouse gasses form the atmosphere
  7. Eliminate unfair competition
  8. Affordable access to electricity
  9. Create high-quality union jobs that pay prevailing wages
  10. Guaranteeing a job with a family sustaining wage, adequate family and medical leave, paid vacations, and retirement security to all people of the United States.

At the time I’d have joined others in predicting none of this would pass into law, but that’s before the White House was occupied by a man obviously senile who needs to hold his fractious troops together by catering to the ninnies supporting this nonsense. Even the Australian press has commented on it. Ours doesn’t, although as Yaacov Apelbaum, quoted here, notes, there is ample evidence in the videos of Biden’s appearances that he meets the eight diagnostic filters for multiple dementia/early Alzheimer patterns.

Maybe President Biden will retire from office early enough that he can still remember to show Ocasio-Cortez how a garbage disposal works, and they can noodle how best to stave off climate catastrophe and fight their version of WWIII.

Maybe it’s time to buy home generators.

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