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Monthly Archives: April 2014
Citigroup
30 April 14 The Citigroup Clique, By Sen. Elizabeth Warren, Reader Supported News In recent years, Wall Street institutions have exerted extraordinary influence in Washington’s corridors of power, but Citi has risen above the others in exercising a tight grip … Continue reading
Posted in Elizabeth Warren
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Electric Grid Energy Storage
Storing electricity Electricity can’t be stored. It has to be converted to something else. Nearly all of the electric grid storage (95%) comes from pumping water up to a reservoir so the water can fall again and generate electricity. But … Continue reading
Posted in Batteries, Electric Grid
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All Electric Cars requires 4,325 TWh of new electricity generation & still, no better than high-mileage cars now
We’d need a huge number of new power plants If all 245 million cars were electric and driven an average of 20,000 km per year, we’d need 1,078 TwH (980 TWh or 980,000,000 MWh plus 10% more to account for … Continue reading
Posted in Electric Cars
Tagged electric car, electricity
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Technology Won’t Save Us
Too many science fiction books, movies, comic books, Landing on the Moon, the Manhattan Project, and Happy Endings have created an unspoken certainty that a hero will arrive before aliens can destroy the Earth and that alternative energy will allow … Continue reading
Posted in 3) Fast Crash
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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt
Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading
Posted in Collateralized Debt Obligation, Crash Coming Soon, Debt, Money, No Reforms, Ponzi Schemes, Unfunded Liabilities
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Tom Whipple on how the energy crisis might unfold
The Peak Oil Crisis: An Announcement June 1, 2011. FNPC.com There are far too many people in nearly every country of the world that are dependent on a very complex supply chain to bring them the necessities of modern life … Continue reading
Posted in By People
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Oil Crunch 2015: UK Industry Task force on Peak Oil & Energy Security (ITPOES)
Ahmed, N. 28 Mar 2014. Ex govt adviser: “global market shock” from “oil crash” could hit in 2015. The Guardian. Former oil geologist Dr. Jeremy Leggett, identified 5 “global systemic risks (oil depletion, carbon emissions, carbon assets, shale gas, and … Continue reading
Posted in Flow Rate, Oil, Oil Shocks, Peak Oil
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Peak oil 2005. Peak coal 2025. U.S. Peak conventional natural gas 2001.
Preface. This appeared in Nature magazine in 2012, which ties Science magazine for most prestigious place to publish. Some of the points made: Global conventional oil peaked in 2005 and is declining at rates of about 4.5% to 6.7% per … Continue reading
Posted in Oil, Peak Coal, Peak Natural Gas, Peak Oil
Tagged peak coal, peak natural gas, peak oil
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Peak Oil in the news
Economic vulnerability to Peak Oil Christian Kerschner Global Environmental Change Volume 23, Issue 6, December 2013, Pages 1424–1433 Key points from a review of this article at Green Energy This study shows which sectors could put the entire U.S. economy … Continue reading
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Investing – random advice that may be great or awful
Be sure to read Nicole Foss and Gail Tverberg to understand the deflationary situation we’re in since investing for deflation is different from inflation. You Gotta Eat Fertilizer stocks. MOS, etc. They’re the most volatile Viterra (VT:tsx) and Alliance Grain … Continue reading
Posted in Investing advice
Tagged cash, energy stocks, gold, silver
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