Category: Uncategorized

Greta, Check Out Your Neighbor, Norway

From OilPrice.com:

  • Norway’s revenues from oil and gas production hit a record high this year and are showing no signs of slowing down.
  • While Norway is a major supporter of clean energies, it is also a firm believer that the energy transition can only be achieved by using the profits from oil and gas production.
  • The future is bright for Norway’s energy giant Equinor, which will be able to take advantage of growing energy demand and play a leading role in the coming energy transition.

Not exactly what you had in mind, eh, Greta?  But then, what you had in mind was CHILDISH. And that’s no surprise because you are, INDEED, a child.

I wish you a SWIFT AND FULL MATURITY.

In the meantime, WELCOME TO REALITY!

Saxo Bank’s 2022 Predictions

Man, you have to love the WIT and perhaps the PERSPICACITY. Re the latter, we shall see.

In the meantime, check these out:

  1. The plan to end fossil fuels gets a rain check
  2. Facebook faceplants on youth exodus
  3. The US mid-term election brings constitutional crisis
  4. US inflation reaches above 15% on wage-price spiral
  5. EU Superfund for climate, energy and defence announced, to be funded by private pensions
  6. Women’s Reddit Army takes on the corporate patriarchy
  7. India joins the Gulf Cooperation Council as a non-voting member
  8. Spotify disrupted due to NFT-based digital rights platform
  9. New hypersonic tech drives space race and new cold war
  10. Medical breakthrough extends average life expectancy 25 years

At least, things are COMING TO A HEAD.

More on ‘Lolita Express’ Tourists

Looking more and more like something cooked up by QAnon.  Except that it ALSO SOUNDS TRUE.

Do the high and mighty engage in pedophilia as one of their parlor sports?  When you have that much money and/or power is PERVERSITY all that’s left?

We’ll see where this goes.

Ghislaine’s Jurors

So, Ghislaine Maxwell, Jeffrey Epstein’s purported accomplice (I’m being both just and polite in my use of purported), is finally being tried.

Here’s what Bloomberg has pieced together on her JURORS:

  • A woman, 61, working as a trader’s assistant for an unidentified bank after previously working at ING. She lives in the Bronx with her son, daughter-in-law and grandchildren and said she watches a lot of “police shows” like “Law & Order.”
  • A woman, 28, living in the Bronx and doing clerical work for the City of New York while she finishes her master’s degree in public administration. She said she’d heard of Epstein before but not Maxwell.
  • A woman, 60, with a master’s in urban affairs who prepares contracts for the government. The Manhattan resident said she doesn’t read newspapers but follows online news feeds.
  • A man, 44, who studied information and knowledge strategy at Columbia University and is now vice president of quality at a life-sciences company. He lives with his husband in Westchester County, where they enjoy playing board games.
  • A woman, 51, who has lived in Manhattan her entire life. An administrative manager at a “metals industry” non-profit, she works out and visits her mother everyday. She said she’d heard of Epstein and his suicide as well as Maxwell’s arrest.
  • A woman, 70, who retired in 2017 after working in human resources at a non-profit. She frequents cooking websites and also enjoys “Jeopardy,” chess, knitting and bicycle riding.
  • A woman, 53, who lives in the Bronx and works as a home health aide. An immigrant who came to the U.S. with a middle-school education, she had heard of Epstein but didn’t remember hearing about Maxwell. She likes watching “The Bold and the Beautiful” and cartoons with her grandchildren.
  • A man, 35, who graduated from college in 2008 with a finance degree and has been living in Manhattan for the past 10 years. He works as an executive assistant at a private company within the financial industry.
  • A man, 33, who works for a “government entity” and lives in the Bronx with his wife. He says he mostly watches sports and thinks he was watching football when he flipped the channel and saw the news about Epstein’s suicide.
  • A man, 34, who lives in Manhattan and previously worked in advertising but is not currently employed. He said he knew of both Epstein and Maxwell but didn’t follow the case “super well.”
  • A man, 41, living in Manhattan and working as a musician. He said he’d heard of Epstein being a “billionaire who solicited prostitutes or underage girls” and was aware of Maxwell being his “girlfriend or romantic partner.”
  • A man, 64, who is a lifelong Manhattan resident and has worked for the past 24 years as a paraprofessional for a “public entity.” He lives alone, doesn’t read the news and is not on social media, preferring to spend his free time watching old movies and the Mets.

JESUS, THEY SOUND LIKE MY TUDOR PLACE NEIGHBORS.

Singapore Adds 26 Tons of Gold to Its Reserves

Singapore is one place THEY THINK THINGS THROUGH.  And in line with that, they just increased their gold reserves by 20%.

HUGE MOVE.

Guess where OUR GOLD is stored?

Green Technologies Don’t Scale Well

Energy experts have been warning us for years about the problems inherent in trying to SCALE GREEN TECHNOLOGIES.  This piece addresses the issue head-on.

Green Technologies Have a Glaring Problem of Scale

Salient points — and I’m quoting from the piece:

  •  Mass deployment of these technologies will encounter fundamental physical limits that call into question their ability to function as replacements for their equivalents in the current energy system.
  • Due to unavoidable physical constraints, future green technologies offer little promise for achieving economies of scale.
  • Efforts to improve energy efficiency remain essential, but those efforts are not likely to reduce aggregate energy use.
  • Technologies designed to capture the radiant energy of the sun or the kinetic energy of the wind must accommodate the inherent randomness of these sources.
  • Clever engineering can finesse technical challenges but cannot overcome fundamental forces of nature.
  • Successful technologies may not succeed instantly and need to emerge over time, but their success cannot be forced by government fiat or the mandates of Five-Year Plans.
  • Technologies that do not scale are destined to remain boutique technologies, the purview of the rich, environmental activists, and politicians that seize upon them to make empty promises.

TUDOR PLACE: Energy transitioning — to the extent it occurs at all — will be COSTLY and DIFFICULT.  Just because some view climate change principally as a MORAL ISSUE, doesn’t mean that it just arrives via some sort of SEAMLESS or FREE evolution.

Notice how ardent — and at times ALARMIST — climate activists NEVER DISCUSS the COSTS involved in moving to so-called RENEWABLES, an infrastructure which ITSELF will need REPLACING every 10 years or so.  And using WHAT KIND OF ENERGY, might I ask?

FOSSIL ENERGY!  Assuming we’re STILL PRODUCING IT.

Climate change is NOT principally a moral issue.  It’s one involving a) the LIMITS OF ENERGY in general and b) an ENGINEERING CHALLENGE on a scale we’ve never encountered.

THE WORST ERROR WE COULD MAKE — and, yes, we’re already making it — is to SCALE DOWN OUR USE OF FOSSIL ENERGY PREMATURELY.

The good news?  The realization of this error should become apparent soon enough and before it’s too late.

FINGERS CROSSED.