A late Winter’s tale…….

28 09 2017

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Winter was late this year. Which was a good thing to start with, it allowed us to pour all the foundation concrete for the new house before it got too cold and wet. But when it did arrive, it came with a vengeance….. three weeks ago, in spring, it snowed down to 150m. Twice…..! It was all around us, but didn’t quite make it as low as where I live. And when it wasn’t snowing, it rained…! and rained, and rained…. The result of all this, as much as I like snow, is that literally nothing got done around the Fanny Farm, there’s mud everywhere…. with apologies to all my friends in Queensland who have all run out of water, including, I suspect the people who bought our house. I’ve even put on weight, my bad…….

Last weekend, my better half was down for a few days, and having attended several permablitz events locally over the past couple of months – half of which were canceled thanks to above mentioned rain – I booked my turn as Glenda could help with the catering. I don’t know whether it was unfortunate or not, but only a handful of people turned up, with the important ones being my neighbour Matt who supplied and operated his excavator, and my new mate Phil who kindly allowed us to get his 4WD ute filthy dirty for the day……!

20170924_105436Twenty or so years ago when all (well, most) of the apple trees here were ripped up, they were pushed into large mounds and burned. There are at least eight such mounds on this small property, and some investigative digging with a spade revealed that the earth lying there was full of carbon and generally pretty good. There was about ten or twelve cubic metres of this stuff just 20 to 30 metres from the western half of my yet to be finished market garden, and I needed to have it moved into the garden area to rid myself of the furrows that are part of the old apple orchard windrows; there just had not been enough topsoil left over from the house cutting, and the furrows were directing all that rain water into my building site. The

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House drainage tested by deluge

 

drainage around the house is working very well – and it sure was tested with all this rain – but I’m not into making my life any more difficult than necessary.

 

So Matt dug the mounds up for us, and loaded the soil onto our utes which we then drove the short distance to the garden area. Because not enough people had turned up to manually unload the soil, Matt ended up trundling his machine back and forth between the loading and unloading areas to scrape the material off the vehicles. As I keep saying, with fossil fuels, you can do anything. And as Geoff Lawton also keeps saying, the best use of oil is to move earth…!

I knew this could be done because Caleb and I moved tons of clay this way when we dug the house trenches, and this was easier…..  though the entire area turned into a giant bog hole, and we had our fair share of fun playing in the mud with our toys..! It was so slippery, I even got out once with all four wheels slowly spinning in the mud in low range four wheel drive with the engine just idling…!

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The mess after the mudstorm

It’s all done now, and we feasted on pizzas and beer at lunch time to celebrate. Many thanks to all involved, all I have to do now is wait for it all to dry so I can add compost and sheep manure and plant some green manure for the 2018 growing season…… not to mention finishing the fence around the market garden, building another hot house down hill from the existing one, and and……………………

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“Energy Revolution? More like a Crawl” – Dr. Vaclav Smil

18 09 2017

Dr. Vaclav Smil was the speaker at a TISED and Fondation 3E event in September 2015 called “Energy Revolution? More like a Crawl”. He explored the current state of global and major national energy dependencies and appraised the likely speed of their transformation. In his words, “The desirable development of new renewables should not be guided by wishful preferences and arbitrary targets. Using more energy, albeit more efficiently and with lower specific environmental effects, is unlikely to change our fortunes — yet no serious consideration has been given to how to use less, much less.”




YOU HAVE BEEN WARNED: The Situation In The Markets Is Much Worse Than You Realize

11 09 2017

Reblogged from the SRS website……. between this item and Raul’s which I posted yesterday, I’d say the US economy has to hit the wall very soon now. Hang onto your seats folks….

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It’s about time that I share with you all a little secret.  The situation in the markets is much worse than you realize.  While that may sound like someone who has been crying “wolf” for the past several years, in all honesty, the public has no idea just how dire our present situation has become.

The amount of debt, leverage, deceit, corruption, and fraud in the economic markets, financial system, and in the energy industry are off the charts.  Unfortunately, the present condition is even much worse when we consider “INSIDER INFORMATION.”

What do I mean by insider information… I will explain that in a minute.  However, I receive a lot of comments on my site and emails stating that the U.S. Dollar is A-okay and our domestic oil industry will continue pumping out cheap oil for quite some time.  They say… “No need to worry.  Business, as usual, will continue for the next 2-3 decades.”

I really wish that were true.  Believe me, when I say this, I am not rooting for a collapse or breakdown of our economic and financial markets.  However, the information, data, and facts that I have come across suggest that the U.S. and global economy will hit a brick wall within the next few years.

How I Acquire My Information, Data & Facts

To put out the original information in my articles and reports, I spend a great deal of time researching the internet on official websites, alternative media outlets, and various blogs.  Some of the blogs that I read, I find more interesting information in the comment section than in the article.  For example, the Peakoilbarrel.com site is visited by a lot of engineers and geologists in the oil and gas industry.  Their comments provide important “on-hands insight” in the energy sector not found on the Mainstream Media.

I also have a lot of contacts in the various industries that either forward information via email or share during phone conversations.  Some of the information that I receive from these contacts, I include in my articles and reports.  However, there is a good bit of information that I can’t share, because it was done with the understanding that I would not reveal the source or intelligence.

Of course, some readers may find that a bit cryptic, but it’s the truth.  Individuals have contacted me from all over the world and in different levels of industry and business.  Some people are the working staff who understand th reality taking place in the plant or field, while others are higher ranking officers.  Even though I have been receiving this sort of contact for the past 4-5 years, the number has increased significantly over the past year and a half.

That being said, these individuals contacted me after coming across my site because they wanted to share valuable information and their insight of what was going on in their respective industries.  The common theme from most of these contacts was…. GOSH STEVE, IT’S MUCH WORSE THAN YOU REALIZE.  Yes, that is what I heard over and over again.

If my readers and followers believe I am overly pessimistic or cynical, your hair will stand up on your neck if you knew just how bad the situation was BEHIND THE SCENES.

Unfortunately, we in the Alternative Media have been lobotomized to a certain degree due to the constant propaganda from the Mainstream Media and market intervention by the Fed and Central Banks.  A perfect example of the massive market rigging is found in Zerohedge’s recent article;Central Banks Have Purchased $2 Trillion In Assets In 2017 :

….. so far in 2017 there has been $1.96 trillion of central bank purchases of financial assets in 2017 alone, as central bank balance sheets have grown by $11.26 trillion since Lehman to $15.6 trillion.

What is interesting about the nearly $2 trillion in Central Bank purchases so far in 2017, is that the average for each year was only $1.5 trillion.  We can plainly see that the Central Banks had to ramp up asset purchases as the Ponzi Scheme seems to be getting out of hand.

So, how bad is the current economic and financial situation in the world today?  If we take a look at the chart in the next section, it may give you a clue.

THE DEATH OF BEAR STEARNS: A Warning For Things To Come

It seems like a lot of people already forgot about the gut-wrenching 2008-2009 economic and financial crash.  During the U.S. Banking collapse, two of the country’s largest investment banks, Lehman Brothers, and Bear Stearns went belly up.  Lehman Brothers was founded in 1850 and Bear Stearns in 1923.  In just one year, both of those top Wall Street Investment Banks ceased to exist.

Now, during the 2001-2007 U.S. housing boom heyday, it seemed like virtually no one had a clue just how rotten a company Bear Stearns had become.  Looking at the chart below, we can see the incredible RISE & FALL of Bear Stearns:

As Bear Stearns added more and more crappy MBS – Mortgage Backed Securities to its portfolio, the company share price rose towards the heavens.  At the beginning of 2007 and the peak of the U.S. housing boom, Bear Stearns stock price hit a record $171.  Unfortunately, at some point, all highly leveraged garbage assets or Ponzi Schemes come to an end.  While the PARTY LIFE at Bear Stearns lasted for quite a while, DEATH came suddenly.

In just a little more than a year, Bear Stearns stock fell to a mere $2… a staggering 98% decline.  Of course, the financial networks and analysts were providing guidance and forecasts that Bear Stearns was a fine and healthy company.  For example, when Bear was dealing with some negative issues in March 2008,  CBNC’s Mad Money, Jim Cramer made the following statement in response to a caller on his show (Source):

Tuesday, March 11, 2008, On Mad Money

Dear Jim: “Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?” – Peter

Jim Cramer: “No! No! No! Bear Stearns is fine. Do not take your money out. Bear sterns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.”

Thanks to Jim, many investors took his advice.  So, what happened to Bear Stearns after Jim Cramer gave the company a clean bill of health?

On Tuesday, March 11, the price of Bear Stearns was trading at $60, but five days later it was down 85%.  The source (linked above) where I found the quote in which Jim Cramer provided his financial advice, said that there was a chance Jim was replying to the person in regards to the money he had deposited in the bank and not as an investment.  However, Jim was not clear in stating whether he was talking about bank deposits or the company health and stock price.

Regardless, Bear Stearns stock price was worth ZERO many years before it collapsed in 2008.  If financial analysts had seriously looked into the fundamentals in the Mortgage Backed Security market and the bank’s financial balance sheet several years before 2008, they would have realized Bear Stearns was rotten to the core.  But, this is the way of Wall Street and Central Banks.  Everything is fine, until the day it isn’t.

And that day is close at hand.

THE RECORD LOW VOLATILITY INDEX:  Signals Big Market Trouble Ahead

Even though I have presented a few charts on the VIX – Volatility Index in past articles, I thought this one would provide a better picture of the coming disaster in the U.S. stock markets:

The VIX – Volatility Index (RED) is shown to be at its lowest level ever when compared to the S&P 500 Index (GREY) which is at its all-time high.  If we take a look at the VIX Index in 2007, it fell to another extreme low right at the same time Bear Stearns stock price reached a new record high of $171.  Isn’t that a neat coincidence?

As a reminder, the VIX Index measures the amount of fear in the markets.  When the VIX Index is at a low, the market believes everything is A-OKAY.  However, when the VIX surges higher, then it means that fear and panic have over-taken investment sentiment, as blood runs in the streets.

As the Fed and Central Banks continue playing the game of Monopoly with Trillions of Dollars of money printing and asset purchases, the party won’t last for long as DEATH comes to all highly leveraged garbage assets and Ponzi Schemes.

To get an idea just how much worse the situation has become than we realize, let’s take a look at the energy fundamental that is gutting everything in its path.

WHY THE BIG MARKET COLLAPSE IS COMING:  It’s The Energy, Stupid

Even though I belong to the Alternative Media Community, I am amazed at the lack of understanding by most of the precious metals analysts when it comes to energy.  While I respect what many of these gold and silver analysts have to say, they exclude the most important factor in their forecasts.  This critical factor is the Falling EROI – Energy Returned On Investment.

As I mentioned earlier in the article, I speak to many people on the phone from various industries.  Yesterday, I was fortunate enough to chat with Bedford Hill of the Hill’s Group for over 90 minutes.  What an interesting conversation.  Ole Bedford knows we are toast.  Unfortunately, only 0.01% of the population may understand the details of the Hill’s Group work.

Here is an explanation of the Hill’s Group:

The Hill’s Group is an association of consulting engineers and professional project managers. Our goal is to support our clients by providing them with the most relevant, and up to-date skill sets needed to manage their organizations. Depletion: A determination for the world’s petroleum reserve provides organizational long range planners, and policy makers with the essential information they will need in today’s rapidly changing environment.

I asked Bedford if he agreed with me that the hyperinflationary collapse of Venezuela was due to the falling oil price rather than its corrupt Communist Government.  He concurred.  Bedford stated that the total BTU energy cost to extract Venezuela’s heavy oil was higher than the BTU’s the market could afford.  Bedford went on to say that when the oil price was at $80, Venezuela could still make enough profit to continue running its inefficient, corrupt government.  However, now that the price of oil is trading below $50, it’s gutting the entire Venezuelan economy.

During our phone call, Bedford discussed his ETP Oil model, shown in his chart below.  If there is one chart that totally screws up the typical Austrian School of Economics student or follower, it’s this baby:

Bedford along with a group of engineers spent thousands and thousands of hours inputting the data that produced the “ETP Cost Curve” (BLACK LINE).  The ETP Cost Curve is the average cost to produce oil by the industry.  The RED dots represent the actual average annual West Texas Oil price.  As you can see, the oil price corresponded with the ETP Cost Curve.  This correlation suggests that the market price of oil is determined by its cost of production, rather than supply and demand market forces.

The ETP Cost Curve goes up until it reached an inflection point in 2012… then IT PEAKED.  The black line coming down on the right-hand side of the chart represents “Maximum Consumer Price.”  This line is the maximum price that the end consumer can afford.  Again, it has nothing to do with supply and demand rather, it has everything to do with the cost of production and the remaining net energy in the barrel of oil.

I decided to add the RED dots for years 2014-2016.  These additional annual oil price figures remain in or near the Maximum Consumer Price line.  According to Bedford, the oil price will continue lower by 2020.  However, the actual annual oil price in 2015 and 2016 was much lower than estimated figures Bedford, and his group had calculated.  Thus, we could see some volatility in the price over the next few years.

Regardless, the oil price trend will be lower.  And as the oil price continues to fall, it will gut the U.S. and global oil industry.  There is nothing the Fed and Central Banks can do to stop it.  Yes, it’s true that the U.S. government could step in and bail out the U.S. shale oil industry, but this would not be a long-term solution.

Why?  Let me explain with the following chart:

I have published this graph at least five times in my articles, but it is essential to understand.  This chart represents the amount of below investment grade debt due by the U.S. energy industry each year.  Not only does this debt rise to $200 billion by 2020, but it also represents that the quality of oil produced by the mighty U.S. shale oil industry WAS UNECONOMICAL even at $100 a barrel.

Furthermore, this massive amount of debt came from the stored economic energy via the various investors who provided the U.S. shale energy industry with the funds to continue producing oil at a loss.   We must remember, INVESTMENT is stored economic energy.  Thus, pension plans, mutual funds, insurance funds, etc., had taken investments gained over the years and gave it to the lousy U.S. shale oil industry for a short-term high yield.

Okay, this is very important to understand.  Don’t look at those bars in the chart above as money or debt, rather look at them as energy.  If you can do that, you will understand the terrible predicament we are facing.  Years ago, these large investors saved up capital that came from burning energy.  They took this stored economic energy (capital) and gave it to the U.S. shale oil industry.  Without that capital, the U.S. shale oil industry would have gone belly up years ago.

So, what does that mean?  It means… IT TOOK MORE ENERGY TO PRODUCE THE SHALE OIL than was DELIVERED TO THE MARKET.  Regrettably, the overwhelming majority of shale oil debt will never be repaid.  As the oil price continues to head lower, the supposed shale oil break-even price will be crushed.  Without profits, debts pile up even higher.

Do you all see what is going on here?  And let me say this.  What I have explained in this article, DOES NOT INCLUDE INSIDER INFORMATION, which suggests “The situation is even much worse than you realize… LOL.”

For all my followers who believe business, as usual, will continue for another 2-3 decades, YOU HAVE BEEN WARNED.  The energy situation is in far worse shape than you can imagine.





The beginning of the end for the USA?

10 09 2017

America Can’t Afford to Rebuild

By Raul Illargi

A number of people have argued over the past few days that Hurricane Harvey will NOT boost the US housing market. As if any such argument would or should be required. Hurricane Irma will not provide any such boost either. News about the ‘resurrection’ of New Orleans post-Katrina has pretty much dried up, but we know scores of people there never returned, in most cases because they couldn’t afford to.

And Katrina took place 12 years ago, well before the financial crisis. How do you think this will play out today? Houston is a rich city, but that doesn’t mean it’s full of rich people only. Most homeowners in the city and its surroundings have no flood insurance; they can’t afford it. But they still lost everything. So how will they rebuild?

Sure, the US has a National Flood Insurance Program, but who’s covered by it? Besides, the Program was already $24 billion in debt by 2014 largely due to hurricanes Katrina and Sandy. With total costs of Harvey estimated at $200 billion or more, and Irma threating to cause far more damage than that, where’s the money going to come from?

It took an actual fight just to push the first few billion dollars in emergency aid for Houston through Congress, with four Texan representatives voting against of all people. Who then will vote for half a trillion or so in aid? And even if they do, where would it come from?

 

 

Trump’s plans for an infrastructure fund were never going to be an easy sell in Washington, and every single penny he might have gotten for it would now have to go towards repairing existing roads and bridges, not updating them -necessary as that may be-, let alone new construction.

Towns, cities, states, they’re all maxed out as things are, with hugely underfunded pension obligations and crumbling infrastructure of their own. They’re going to come calling on the feds, but Washington is hitting its debt ceiling. All the numbers are stacked against any serious efforts at rebuilding whatever Harvey and Irma have blown to pieces or drowned.

As for individual Americans, two-thirds of them don’t have enough money to pay for a $500 emergency, let alone to rebuild a home. Most will have a very hard time lending from banks as well, because A) they’re already neck-deep in debt, and B) because the banks will get whacked too by Harvey and Irma. For one thing, people won’t pay the mortgage on a home they can’t afford to repair. Companies will go under. You get the picture.

There are thousands of graphs that tell the story of how American debt, government, financial and non-financial, household, has gutted the country. Let’s stick with some recent ones provided by Lance Roberts. Here’s how Americans have maintained the illusion of their standard of living. Lance’s comment:

This is why during the 80’s and 90’s, as the ease of credit permeated its way through the system, the standard of living seemingly rose in America even while economic growth rate slowed along with incomes. Therefore, as the gap between the “desired” living standard and disposable income expanded it led to a decrease in the personal savings rates and increase in leverage. It is a simple function of math. But the following chart shows why this has likely come to the inevitable conclusion, and why tax cuts and reforms are unlikely to spur higher rates of economic growth.

 

 

There’s no meat left on that bone. There isn’t even a bone left. There’s only a debt-ridden mirage of a bone. If you’re looking to define the country in bumper-sticker terms, that’s it. A debt-ridden mirage. Which can only wait until it’s relieved of its suffering. Irma may well do that. A second graph shows the relentless and pitiless consequences of building your society, your lives, your nation, on debt.

 

 

It may not look all that dramatic, but look again. Those are long-term trendlines, and they can’t just simply be reversed. And as debt grows, the economy deteriorates. It’s a double trendline, it’s as self-reinforcing as the way a hurricane forms.

 

Back to Harvey and Irma. Even with so many people uninsured, the insurance industry will still take a major hit on what actually is insured. The re-insurance field, Munich RE, Swiss RE et al, is also in deep trouble. Expect premiums to go through the ceiling. As your roof blows off.

We can go on listing all the reasons why, but fact is America is in no position to rebuild. Which is a direct consequence of the fact that the entire nation has been built on credit for decades now. Which in turn makes it extremely vulnerable and fragile. Please do understand that mechanism. Every single inch of the country is in debt. America has been able to build on debt, but it can’t rebuild on it too, precisely because of that.

There is no resilience and no redundancy left, there is no way to shift sufficient funds from one place to the other (the funds don’t exist). And the grand credit experiment is on its last legs, even with ultra low rates. Washington either can’t or won’t -depending on what affiliation representatives have- add another trillion+ dollars to its tally, state capitals are already reeling from their debt levels, and individuals, since they have much less access to creative accounting than politicians, can just forget about it all.

Not that all of this is necessarily bad: why would people be encouraged to build or buy homes in flood- and hurricane prone areas in the first place? Why is that government policy? Why is it accepted? Yes, developers and banks love it, because it makes them a quick buck, and then some, and the Fed loves it because it keeps adding to the money supply, but it has turned America into a de facto debt colony.

If you want to know what will happen to Houston and whatever part of Florida gets hit worst, think New Orleans/Katrina, but squared or cubed -thanks to the 2007/8 crisis.





Watching the Hurricane’s Path

8 09 2017

I can really relate to this latest article by Richard Heinberg….  I still get people saying to me “you’ve been saying this for twenty years, and look, nothing’s happened…” Yet, every day, we are one day closer to the inevitable outcome, just like watching the hurricane coming from your favourite armchair…

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heinbergIt’s an eerie experience. You’ve just heard that another hurricane has formed in the Atlantic, and that it’s headed toward land. You search for NOAA’s National Hurricane Center website so you can see the forecast path for the storm. You’re horrified at the implications, and you bookmark the site. You check in every few hours to see forecast updates. You know in general terms what’s coming—devastation for the lives of thousands, maybe millions of people. Then a few days later you begin to see the sad, shocking photos and videos of destruction.

Thanks to modern science and technology—satellites and computers—we have days of warning before a hurricane hits. That’s extremely helpful: while people can’t move their houses and all their possessions, they can board up windows, stock up on food and water, and perhaps get out of town. Huge storms are far less deadly than they would be if we didn’t have modern weather forecasting.

Science and technology have also enabled us to forecast “storms” of another kind. Using computers and data about population, energy, pollution, natural resources, and economic trends, it’s possible to generate scenarios for the future of industrial civilization. The first group of researchers to do this  in 1972, found that the “base case,” or most likely scenario, showed essentially the collapse of society: in the early-to-middle decades of the 21st century, industrial production would peak and begin to decline sharply; so would food production and (with a lag of a few years) population. For decades scientists have been updating the software and plugging in new and better data, but ever-more-powerful computers keep spitting out the same base-case scenario.

One of the factors the 1972 researchers thought would be of increasing significance was climate change. Now, 45 years later, many thousands of scientists around the world are feeding their supercomputers data on carbon emissions, carbon cycles, carbon sinks, climate sensitivity, climate feedbacks, and more. They likewise see a “hurricane” on the way: we are altering the chemistry of the Earth’s atmosphere and oceans so significantly, and so quickly, that dire consequences are almost certain, if not already here. Later this century we’ll see storms, droughts, heat waves, and wildfires like none on record. Agriculture will likely be impacted severely.

Ever since I read the 1972 report on Limits to Growth, I’ve had that same eerie feeling as when looking at the charts on the NOAA website. Only the feeling is deeper, more pervasive, and (of course) long-lasting. A storm is coming. We should batten down the hatches.

But, 45 years down the line, the storm is no longer far away. In fact, the photos and videos of destruction are starting to come in. No nations have bothered to make sensible efforts to minimize the storm’s impact by reducing fossil fuel consumption, stabilizing population at 1970s levels, or reconfiguring their economy so it doesn’t require continuous growth in resource and energy usage. Why didn’t we do those sensible things, even though we had plenty of warning?

Our failure to respond has a lot to do with the long time lag. We humans are much better at dealing with immediate threats than ones years ahead. In effect, we have an internal discount rate that we apply to possible disasters, depending on their temporal proximity.

Given a long-term threat, some of us are more likely to develop complicated rationales for doing nothing. After all, averting a really big disaster may require substantial inconvenience. Getting out of the way of a hurricane might mean packing up your most treasured belongings, driving a couple of hundred miles, and trying to find a motel that’s not already overbooked (that is, if you are among the fortunate with the resources to do so).  Minimizing the threat of global overshoot might mean changing our entire economic system—from how we grow food to how we get to work and what kind of work we do. Escaping the hurricane engages our survival instincts; we don’t have time to doubt the weatherman. But given a few decades to think about it, we might come up with lots of (ultimately wrongheaded but carefully reasoned nonetheless) reasons why our current economic system is really just fine, and why global overshoot really isn’t a threat.

Those of us who aren’t so good at coming up with such rationalizations are stuck with the eerie feeling that something very bad is about to happen—maybe in Florida this weekend, maybe everywhere before long. Here’s my recommendation, based on a few decades of watching all kinds of storm charts: please pay attention to the weatherman. Stop finding reasons why you really don’t have to change or prepare. Make your way to higher ground. And be sure to help your neighbors.





The Earth is full

7 09 2017





No Soil & Water Before 100% Renewable Energy

7 09 2017

Hot on the heels of my last post from someone else who has given up campaigning for renewable energy, comes this amazing article that defines why it’s all a futile effort…. I am beginning to think it is all starting to catch on…..

After all, excessive energy use got us into this mess, more energy will not get us out. As Susan Krumdieck says, the problem is not a lack of renewable energy, it’s too much fossil fuel consumption…….

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Many say we can have 100% renewable energy by 2050. This is factually incorrect.

We can have 100% renewable electricity production by 2050.

But electricity production is only 18% of total world energy demand.

82% of total world energy demand is NOT electricity production.

The other 82% of the world’s energy is used to extract minerals to make roads, cement, bricks, glass, steel and grow food so we can eat and sleep. Solar panels and wind turbines will not be making cement or steel anytime soon. Why? Do you really want to know? Here we go.

TWED = Total World Energy Demand

18% of TWED is electrical grid generation.

82% of TWED is not electrical grid generation.

In 20 years, solar & wind energy is up from 1% to 3% of TWED.

Solar & wind power are projected to provide 6% of TWED by 2030.

When you hear stories about solar & wind generating
50% of all humanity’s electrical power by 2050,
that’s really only 9% of TWED because
100% of electrical production is 18% of TWED.

But, it takes 10X as much solar & wind energy to close 1 fossil fuel power plant simply because they don’t produce energy all the time.

Reference Link: http://www.nature.com/nclimate/journal/v2/n6/full/nclimate1451.html?WT.ec_id=NCLIMATE-201206

Reference Link:
https://citizenactionmonitor.wordpress.com/2015/12/27/renewable-energy-hope-or-hype/

That means it will take 10 X 18% of TWED to close all fossil power plants with intermittent power.

Research says it will take 4 X 82% of TWED for a 100% renewable energy transition. But then again, whoever trusts research?

10 X 18% + 4 X 82% = 100% Renewable TWED.

CONCLUSION:
We require 10X the fossil electrical grid energy we use now just to solve 18% of the emissions problem with solar & wind power. This also means that even if we use 100% efficient Carbon Capture and Storage (CCS) for all the world’s electricity generation, we would still only prevent 18% of our emissions. 100% efficient CCS is very unlikely. Switching to electric vehicles would only double electrical demand while most of our roads are made out of distilled oil sludge.

These figures do not include massive electrical storage and grid infrastructure solar & wind require. Such infrastructure is hundreds of millions of tons of materials taking decades to construct, demanding even more energy and many trillions of dollars. With that kind of money in the offing, you can see why some wax over-enthused.

Solar & wind systems last 30 years meaning we will always have to replace them all over the world again 50% sooner than fossil power plants.

Solar and wind power are an energy trap.

It takes 1 ton of coal to make 6-12 solar panels.

Business As Usual = BAU

In 15 years 40% of humanity will be short of water with BAU.

In 15 years 20% of humanity will be severely short of water.

Right now, 1 billion people walk a mile every day for water.

In 60 years humanity will not have enough soil to grow food says Scientific American. They call it, “The End of Human Agriculture.” Humanity’s soil is eroding and degrading away at 24 million acres per year.  And, when they say 60 years they don’t mean everything is wonderful until the last day of the 59th year. We will feel the heat of those words in much less than 30 years. Soil loss rates will only increase with severe droughts, storms and low-land floods. Here’s what BAU really looks like.

50% of humanity’s soil will be gone in 30 years.

50% of humanity will lack water in 30 years.

50% of humanity will go hungry in 30 years.

100% TWED transition takes 50 years minimum. It is a vastly more difficult and complex goal than you are told.

Reference Link:
http://www.theguardian.com/environment/2016/feb/12/four-billion-people-face-severe-water-scarcity-new-research-finds

Reference Link:
http://www.scientificamerican.com/article/only-60-years-of-farming-left-if-soil-degradation-continues/

We are losing earth’s soil and fresh water faster than we can effect 100% renewable TWED.

In 25 years civilization will end says Lloyds of London and the British Foreign Office.

In my opinion, in 30 years we won’t have enough fossil fuel for a 100% renewable TWED transition.

This is the most important fact I’ve learned:

Renewable Energy is Unsustainable
without massive energy demand destruction

Humanity will destroy its soil and water faster than we can switch to renewable energy with BAU. We cannot sustain economic growth with renewable energy. Without massive political-economic change, civilization will collapse with 100% certainty. But, don’t worry, I like to fix things.

Animal Agriculture = AA

Humans + Livestock = 97% of the weight of all land vertebrate biomass

Humans + Livestock = 80% of the cause of all land-air extinctions

Humans + Livestock = 50% of the use of all land surface area

Humans + Livestock = 40% consumption of all land plant growth *
* Net Primary Production.

50% of the soy grown in South America is shipped over to China to feed their pigs. Rainforests and deep-rooted scrub are cleared to grow animals & feed so that their required fresh water is in reality a sky river exported in boats to China and Europe leaving little moisture in the air to reach São Paulo. Since rainforest roots are so thick they don’t require very much, or even good, soil;  this leaves rainforest soil so poor and thin that it degrades and erodes faster when exposed to the elements.

The Himalayan mountains are heating 2X faster than the planet and many fear that China will run out of water in 15 years by 2030.

50% of China’s rivers have vanished since 1980.

60% of China’s groundwater is too poisoned to touch.

50% of China’s cropland is too poisoned to safely grow food.

Animal Agriculture will destroy our soil and water long before we can effect 100% intermittent TWED transition with BAU.

BAU means 7 billion people will not stop eating meat and wasting food without major $$$ incentive. Meaning a steadily rising carbon tax on meat. Just saying that can get you killed in some places.

Without using James Hansen’s 100% private tax dividends to carbon tax meat consumption out of the market earth will die. 100% private tax dividends means 100% for you, 0% for government.

100% for you, 
    0% for gov.

The funny thing is that meat and fire saved our ancestors from extinction and now meat and fire will cause mass extinction of all the life we love on earth. Survival is not an optional menu item as is eating meat. We have to act now, not 5 years from now, or forever be not remembered as the least greatest generation because there’ll be no one left to remember us.

Michael Mann says we will lock-in a 2 degree temperature rise in 3 years for 2036 with BAU. Ocean fish will be gone in less than 25 years simply because of the BAU of meat consumption. The BAU of fishing kills everything in its path producing lots of waste kill. We are stealing all the Antarctic Ocean’s krill just to sell as a health supplement. You can learn a lot about fishing by watching “Cowspiracy” on Netflix.

We cannot let governments get control of carbon markets like how Sanders, Klein and McKibben want government to get 40% of your carbon tax dividend money. Naomi Klein and Bill McKibben are funded by the Rockefellers. Klein’s latest video about herself was funded by the oil-invested Ford Foundation. This is 100% in direct opposition to James Hansen’s tax dividend plan and immoral. Hansen said that governments should get 0% of that money, not 40%.  I strongly believe your carbon dividends should be in a new open-source world e-currency directly deposited to your phone to be phased in over 10 years. But, I’m kinda simple that way.

Google: Rockefellers fund Bill McKibben. Believe me, the Rockefellers don’t fund 350.org out of the kindness of their hearts. To learn why they would do such a thing, you can watch the educational video at the bottom of this page.

Reference Link:
Rockefellers behind ‘scruffy little outfit’

Reference Link:
http://www.nybooks.com/articles/2014/12/04/can-climate-change-cure-capitalism/

James Hansen repeated at COP21 that his 100% private carbon tax dividends would unite Democrats and Republicans because government would be 100% excluded. Socialists like Sanders, Klein and McKibben want government to control 40% of that money. They are divisive and Republicans will never accept their revolutionary rhetoric. We don’t have time for this endless fighting. Forget the Socialist vs. Capitalistmentality. We barely even have time to unite, and nothing unites like money. Environmentalism in the 21st century is about a revolving door of money and power for elite socialists and capitalists. Let’s give everyone a chance to put some skin in the game.

Reference Link: http://grist.org/climate-energy/sanders-and-boxer-introduce-fee-and-dividend-climate-bill-greens-tickled-pink/

What humans & livestock have done so far:

We are eating up our home.

99% of Rhinos gone since 1914.

97% of Tigers gone since 1914.

90% of Lions gone since 1993.

90% of Sea Turtles gone since 1980.

90% of Monarch Butterflies gone since 1995.

90% of Big Ocean Fish gone since 1950.

80% of Antarctic Krill gone since 1975.

80% of Western Gorillas gone since 1955.

60% of Forest Elephants gone since 1970.

50% of Great Barrier Reef gone since 1985.

40% of Giraffes gone since 2000.

30% of Marine Birds gone since 1995.

70% of Marine Birds gone since 1950.

28% of Land Animals gone since 1970.

28% of All Marine Animals gone since 1970.

97% – Humans & Livestock are 97% of land-air vertebrate biomass.

10,000 years ago we were 0.01% of land-air vertebrate biomass.

Humans and livestock caused 80% of land-air vertebrate species extinctions and occupy half the land on earth. Do you think the new 2-child policy in China favours growth over sustainability? The Zika virus could be a covert 1% population control measure for all I know. Could the 1% be immune? I don’t know, but I know this…

1 million humans, net, added to earth every 4½ days.

http://www.vox.com/2016/1/30/10872878/world-population-map