Starting from 2012 and going through 2022, ~ 106 GW of coal-fired capacity was eliminated in the US.
Of the ~ 200 GW remaining, ~ 23% is scheduled to be eliminated through 2029.
Meanwhile China just builds and builds and builds new coal-fired capacity. It now has at least 1,109 GW of coal-fired capacity, five times more than the US.
Reported here:
Hokuriku’s Shika plant in Ishikawa, the closest nuclear power station to the quake’s epicentre, had already halted its two reactors before the quake for regular inspections and saw no impact from the quake, the agency said.
Xi Jinpingpong blamed the US for the first time for his domestic failures, according to the Wall Street Journal. He's a commie reactionary with Chinese characteristics. Not a good sign of what's to come.
Some cracker Republican in Florida wants bloggers to register like lobbyists, and Ron DeSantis finally came out against that, thankfully. A little late, though. Newt beat him to it.
Vivek Ramaswamy says CPAC shook him down for $$$$ in exchange for which they'd see to it he did better in the straw poll. There's no report that Matt Schlapp also asked for a reach-around.
LIBOR surpassed 5% for the first time in 15 years on Monday.
Georgia fired up a nuclear power reactor this week. The country now has 93 operating. 67 were never finished after Three Mile Island.
A dog and her pups were rescued alive and well from a basement in Turkey more than a month after the Feb 6 earthquake. The death toll is up to 52k.
Thousands of Iranian schoolgirls are being systematically poisoned in Iran. There was a similar incident in Afghanistan during the first Obama administration. Rag-headed heathen bastards.
South Africa is going the way of Rhodesia.
The UST yield curve aggregate made a new high 4.674% Wednesday v Fed Funds Effective Rate 4.57.
The Obama of Big Oil said peak production from 2019 will never be surpassed.
Pundits who predict inflation won't spiral like the 1970s fail to understand that the price of energy inputs is determinative. Unless energy costs come down big, we're in for it.
Cumulative deaths per million from C-19 in the US are 3,285. In Africa just 181. Follow the science.
The tide is turning on the Wuhan Lab Leak Theory of the origin of C-19 in the press.
Anthony Fauci has authored a paper in CELL which calls for better vaccines than the ones we've got, whether experimental or not. No kidding.
Silicon Valley Bank failed today, the first failure since 2020 when there were four. There was a huge flight to safety. Stocks sold off and longer dated Treasuries rallied 3.45%. The yield curve aggregate plunged 230bp, 3.82%.
Full time employment rose a little in Feb to 49.66% of civilian population. The average last year was 50.1%.
Bloomberg, here:
Germany now generates more than a third of its electricity from coal-fired power plants, according to Destatis, the federal statistical office. In the third quarter, its electricity from the fuel was 13.3% higher than the same period a year earlier, the agency said.
Germany as recently as 2019 still had 40 gigawatts of electricity capacity from coal, and planned to reduce that to 27 by 2022, so obviously Germany has much more capacity available than 10 gigawatts during its present natural gas supply crisis caused by the Ukraine war.
But Germany's more serious mistake than reducing its coal capacity was its voluntary and hysterical reduction of nuclear generation capacity by 40% in the wake of the Fukushima disaster in 2011. Now it's got just 3 reactors left out of the 17 it had back in the day.
Meanwhile US electric capacity from coal in 2021 dwarfed the German, at about 210 gigawatts, but that is way down from almost 318 in 2011, a similarly ideologically driven, self-imposed, and illogical reduction of 108 gigawatts, or 33% in ten years.
The foolish growing reliance on unreliable "green energy" in the US and the turn away from coal which began in earnest under Obama has meant increasing unreliability of electric resources during extreme events, and a huge increase in the duration of power outages experienced by customers.
The average customer outage was just north of 8 hours in 2020 vs. about 3.5 hours in 2013, an increase of over 130%.
This will only get worse if America tries to rely on wind and solar at the expense of fossil fuels and nuclear.
Urgewald’s Schuecking told CNBC that since the 2015 Paris accord was signed, the global coal plant fleet had seen a net increase of roughly 157 gigawatts. That’s the equivalent of Germany, Russia, Japan and Poland’s coal fleet added up together.
The research found that 467 gigawatts of new coal-fired capacity were still in the pipeline worldwide. And, if realized, these projects would increase the world’s current coal power capacity by 23%. ...
China was found to be responsible for 61% of all planned coal power capacity additions and, perhaps unsurprisingly, the top four coal plant developers were found to be Chinese companies . . .. China Energy Investment Corporation was the world’s top thermal coal producer last year. This was closely followed by Coal India . . ..
I omitted Schuecking's temper tantrum parts of the story, here.
She is, predictably, a German environmentalist wacko who is also against nuclear power. Urgewald is full of crazy Karens just like her who agitate against corporations and try to get individuals like David Malpass of the World Bank fired because they don't mouth the right words like the Paris Climate Accord hypocrites do.
Urgewald is Exhibit A for the prospect of Germans freezing to death this winter.
... in 2010, when Germany was generating more than 20 percent of its electricity from nuclear power plants, Chancellor Angela Merkel extended the phaseout schedule to the mid-2030s. As other politicians had promised in the past, the extension was framed as a “bridge” to help the nation generate cost-effective power until renewables could take over.
But just a few months later, the Fukushima disaster struck. Germany’s anti-nuclear movement had already been enraged by the phaseout delay; the disaster only fueled their opposition. Germany swiftly closed most of its nuclear reactors and reestablished 2022 as the deadline for the phaseout — called the atomausstieg.
More.
The green ideology in Germany must go, just as Merkel has.
Why would China be stockpiling plutonium behind closed doors? “China is presently engaged in a large nuclear weapons build-up that U.S. intelligence officials publicly estimate will result in at least a doubling (or more) of the size of Beijing’s nuclear arsenal,” the experts explain, and accumulating plutonium gives them even more of these critical resources.
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| spotted headed to Mt. Rushmore |
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| The earth is loaded with thorium, but so is the moon. |
