After realizing that there is not enough mining capacity to “produce” the necessary amount of metals to build enough batteries (not only lithium, but copper, nickel and much more), a mad scramble to find an alternative electricity storage solution began.
Subsidy dumpster! This is the lynchpin phrase I've been looking for, and it shields us from looking too closely at who benefits from the shortage of food, health care, and housing in this Mordor economy, as Nate Hagens calls it. Thank you, B!
I love that you referenced Pitchbook here. I see these sorts of "clean energy" announcements and articles there all the time. I think part of the issue is the subsidies, but another part that may be overlooked is that a huge number of people who are responsible for managing money are actually completely incurious about the world beyond a surface level analysis of things. They are investors-in-name-only and are really just effective at managing the logistical process of investing.
Couple that with the fact that fund managers get a decent sized guaranteed income through management fees, and you have yourselves a big time incentive problem that leads to a lot of funky activities in the market. And, naturally, a lot of good money chasing after bad (or impossible) solutions.
Though to be fair, it feels like a decent chunk of society at this point revolves around improper diagnoses of underlying issues to prime a cash funnel for grifters. Not good!!
Earth is cooler with the atmosphere, water vapor, 30% albedo not warmer.
Ubiquitous GHE heat balance graphics use bad math & badder physics.
The kinetic heat transfer modes of the contiguous atmospheric molecules render impossible a BB surface upwelling and looping “extra” LWIR energy for the GHE.
Consensus science has a well-documented history of being wrong & abusing those who dared to challenge it. (Bruno, drawn & quartered)
GHE & CAGW are wrong so alarmists resort to fear mongering, lies, lawsuits, censorship & violence.
Thank you B🙏
Pushing water uphill to drive a turbine is optimally efficient energy storage, and still pretty "lossy".
Anything more becomes more and more of a business scam, mostly on taxpayers, but also investors.
Subsidy dumpster! This is the lynchpin phrase I've been looking for, and it shields us from looking too closely at who benefits from the shortage of food, health care, and housing in this Mordor economy, as Nate Hagens calls it. Thank you, B!
The Mordor economy XD
I love that you referenced Pitchbook here. I see these sorts of "clean energy" announcements and articles there all the time. I think part of the issue is the subsidies, but another part that may be overlooked is that a huge number of people who are responsible for managing money are actually completely incurious about the world beyond a surface level analysis of things. They are investors-in-name-only and are really just effective at managing the logistical process of investing.
Couple that with the fact that fund managers get a decent sized guaranteed income through management fees, and you have yourselves a big time incentive problem that leads to a lot of funky activities in the market. And, naturally, a lot of good money chasing after bad (or impossible) solutions.
Though to be fair, it feels like a decent chunk of society at this point revolves around improper diagnoses of underlying issues to prime a cash funnel for grifters. Not good!!
Earth is cooler with the atmosphere, water vapor, 30% albedo not warmer.
Ubiquitous GHE heat balance graphics use bad math& badder physics.
The kinetic heat transfer modes of the contiguous atmospheric molecules render the “extra” GHE LWIR energy of a BB surface impossible.
Consensus science has a well documented history of being wrong & abusing those who dared to challenge it.
GHE & CAGW are wrong so alarmists resort to fear mongering, lies, lawsuits, censorship & violence.
Earth is cooler with the atmosphere, water vapor, 30% albedo not warmer.
Ubiquitous GHE heat balance graphics use bad math & badder physics.
The kinetic heat transfer modes of the contiguous atmospheric molecules render impossible a BB surface upwelling and looping “extra” LWIR energy for the GHE.
Consensus science has a well-documented history of being wrong & abusing those who dared to challenge it. (Bruno, drawn & quartered)
GHE & CAGW are wrong so alarmists resort to fear mongering, lies, lawsuits, censorship & violence.