https://wattsupwiththat.com/2023/02/25/are-electric-vehicles-about-to-sweep-the-country/
Previous thread:
Tesla getting obliterated
26 responses |
Started by metmike - Dec. 20, 2022, 6:44 p.m.
As I've been stating. The fake green energy scam is falling apart because all the promises are failing miserably in the real world where they are subject to the laws of physics, energy and nature and the truth.
The highs are in......likely forever for Tesla if all they do is sell electric cars.
https://tradingeconomics.com/tsla:us
Their owner is a rich, brilliant charlatan that's gifted on being able to manipulate people, which is how Trump got much of his power.
In the end, most charlatans are exposed by the truth. Although in 2023, that tens of millions can resist the truth on an election and even bigger, they can resist the truth on the fake climate crisis to the tune of.........the entire Western World.
https://www.marketforum.com/forum/topic/93884/#93892
https://www.marketforum.com/forum/topic/93884/#93894
https://www.marketforum.com/forum/topic/93884/#93899
https://www.marketforum.com/forum/topic/93884/#93902
Authentic facts and scientific principles don't lie! Charlatan's using the for crony capitalism, political power/agenda, self enrichment and biased, scientific corruption do.
https://wattsupwiththat.com/2023/03/29/crashing-electric-vehicle-demand-lucid-cuts-1300-workers/
Lucid to cut 1,300 workers amid signs of flagging demand for its EVs
PUBLISHED TUE, MAR 28 20234:40 PM EDTUPDATED TUE, MAR 28 2023AT 8:13 EDT
John Rosevear@JOHN__ROSEVEAR
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Lucid is toast! The gig is up for electric cars because they are failing to come close to meeting expectations based on promises. People are experiencing many problems in the real world with their underperfomance.
https://tradingeconomics.com/lcid:us
Even if they were a good idea, the grid is already overloaded with too much electricity demand and not enough supply in places like California.
Take away power dense fossil fuels and replace them with diffuse, intermittent and anti environmental solar and wind at a cost of over 400 trillion.......20 times the GDP to do something that's a really bad idea using grid level storage batteries that don't exist.
https://www.manhattancontrarian.com/blog/2022-1-14-calculating-the-full-costs-of-electrifying-everything-using-only-wind-solar-and-batteries
April 14, 2023
Conclusion
As with other elements of Biden’s climate plan, the feasibility of reaching 67 percent of new car sales as electric in 2032 is a major stretch that either will result in Americans using an inferior product or having automakers pay fines for not meeting the requirements of the regulation. The Biden administration seems to believe that through regulations, it can force its net zero climate agenda on the American public and the manufacturing industry. Further, it is trying to do everything at once, rather than through stages in order to reach its dream of a net zero economy by mid-century. The cost and feasibility seems to not matter to the Biden politicians. The American public will be the ones to pay.
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As mentioned repeatedly here, the jig is up with electric cars. Promises based on fake green fairy tales on paper and DISinformation/propaganda convinced buyers to invest in the cars and stock.
Then, the real world hit with shockingly bearish/poor results ACROSS THE BOARD compared to high expectations. It was inevitable.
You can fool people to make bad investments by telling them things they want to hear about what you're selling for self serving interests(crony capitalism and political agenda). However, you can't defy the laws of physics, energy or economics in the REAL world.
https://tradingeconomics.com/tsla:us
Energy Transition Will Take Decades/fake climate crisis
24 responses |
Started by metmike - March 9, 2023, 11:53 p.m.
https://www.marketforum.com/forum/topic/93687/
One of the core subjects of this site for several years has been doing reality checks on the schemes of Net Zero central planners. Is there any chance that these zero carbon economy schemes might work? Or are they just dreams that ignore obvious physical obstacles in a religious zeal to reach an imagined future utopia?
My prior writings on this subject are summarized in my December 2022 Report “The Energy Storage Conundrum,” and in my recent posts (here and here) on the work of Bill Ponton regarding the UK.
On April 5 Tesla dropped into the debate a big Report of their own, with the title “Sustainable Energy for All of Earth.” Tesla reaches the exact opposite conclusion from me and the people I have cited in my writings on this subject. From the Executive Summary:
This paper finds a sustainable energy economy is technically feasible and requires less investment and less material extraction than continuing today’s unsustainable energy economy. While many prior studies have come to a similar conclusion, this study seeks to push the thinking forward related to material intensity, manufacturing capacity, and manufacturing investment required for a transition across all energy sectors worldwide.
Could that be? After all, this Tesla Report is clearly backed by many millions of dollars of funding, with dozens of smart and highly-paid people beavering away for months or even years on sophisticated computer models to come up with impressive results. By contrast, the people on whose work I have relied — Roger Andrews, Ken Gregory, Bill Ponton — as well as myself, are all unpaid volunteers working on our own and with no resources other than the internet and perhaps an Excel spreadsheet program.
As you can see, their answer is almost entire hydrogen. The total storage proposed, at 120 TWh, is less than half of what Gregory calculated as needed, but not wildly out of range.
In Tesla’s favor, the idea of using hydrogen for the storage is substantially less insane than relying mostly on batteries. But, as discussed in my energy storage Report, hydrogen produced by electrolysis from water using electricity only from renewables is far from cheap. For my Report, I found a figure of $4-6/kg for producing this “green” hydrogen, which translates to a price of $32 – 48/MMBTUs (the units in which natural gas prices are typically quoted). By contrast, natural gas prices fluctuate, but over the last ten years they have always been under $10/MMBTU, and mostly around $3-5/MMBTU. The current price is more like $2/MMBTU. The Tesla Report cites a price of about $3/kg ($24/MMBTU) just to store the hydrogen on an annual basis.
As also discussed in my energy storage Report, hydrogen is more challenging to deal with than natural gas in every respect. It is less energy dense (meaning, more pipeline capacity needed to transport the same amount of energy), it embrittles steel pipes, it is more explosive and dangerous, it is more prone to leaks, and so forth. To move to hydrogen as the vehicle of energy storage would mean creating an entire national infrastructure of new facilities. Next to none of that currently exists, nor is it under construction or even in the planning stage. I can’t find any effort in the Tesla Report to estimate a cost for any of this.
And private investment will not build it. Why? For the simple reason that natural gas is cheaper and better in every respect. Nobody is going to buy green hydrogen at $40/MMBTU when natural gas can be had for $5, and nobody is going to build the infrastructure to transport and store hydrogen until it is price competitive to do so.
So Tesla can say all they want that their zero carbon energy system “requires less investment and less material extraction,” but the fact is that the market is saying otherwise. The whole “hydrogen economy” thing is completely dependent on a new economy of government central planning and handouts, and is sitting around waiting for the next round of hundreds of billions of dollars of government subsidies to get it going.
Without going into detail on other sections of the Tesla Report, I’ll just say that there are plenty of obvious fantasies. For example, how about air travel? No problem!:
Longer distance flights, estimated as 80% of air travel energy consumption (85B gallons/year of jet fuel globally), can be powered by synthetic fuels generated from excess renewable electricity leveraging the Fischer-Tropsch process, which uses a mixture of carbon monoxide (CO) and hydrogen (H2) to synthesize a wide variety of liquid hydrocarbons, and has been demonstrated as a viable pathway for synthetic jet fuel synthesis.
Just another minor item to be invented new from scratch.
Why would a Tesla put out a Report like this? It doesn’t take much thought to understand the reason. Getting the bureaucrats excited about their utopia coming to pass is the route to the mandates and subsidies for EVs and batteries for decades to come, all of which will maintain Musk as the world’s richest man. And if it all doesn’t work in the end? Somebody else’s problem.
So, Mr. Musk, if all this can be done for “less investment” than our current system, there should be real money to be made by building the demonstration project to show us all how it works. How about taking one of the smaller Hawaiian islands (Maui?), and installing the wind turbines, solar panels, hydrogen electrolyzers, and storage facilities to go 100% carbon free? The Hawaiians will all save money, and you’ll make additional billions. I hereby call your bluff. Put up, or shut up!
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T H E E N E R G Y S T O R A G E
C O N U N D R U M
Francis Menton
The Global Warming Policy
https://www.thegwpf.org/content/uploads/2022/11/Menton-Energy-Storage-Conundrum.pdf
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This guy has tremendous credibility for me. His work uses real world principles in physics, energy and economics vs promises that defy those, based on milking the government for funding and applying the principles of crony capitalism.
https://wattsupwiththat.com/2023/04/15/cars-soon-unaffordable-for-50-of-germans-expert-warns/
Ideological green policies are tearing Germany’s economy apart
In an interview, Prof. Kurt Lauk, former economic council head and automobile manager, warns half of Germans “will no longer be able to afford a car.” Socially explosive…”a disgrace”.
He also warns of a rapid demolition of Germany’s economic backbone: the automotive industry.
Story at Pleiteticker here.
I JUST HOPE & PRAY THAT I DON'T OUTLIVE MY 2002 IMPALA!
35 MPG & THE DASH DON'T LOOK LIKE A COCKPIT! NOT MUCH "SMARTS" TO IT. LOL
I hear ya clearly, Jean.
I drive a 2001 Taurus. its getting in pretty bad shape but my brain is programmed to not buy things that I don’t need.
my wife loves to shop for stuff and constantly FINDS things she decides she might like.
I hold off on a purchase until an old thing stops working and never buy stuff unless I really do NEED it. Only after determining a clear need do I look to buy it.
LOLOL GOOD ON YOU!! I'M THE SAME WAY: "DO I REALLY NEED THIS, OR... DO I JUST WANT IT?!" & "WHERE IS IT MADE?!" ARE THE 2 QIESTIONS I ASK MYSELF.
I HAVEN'T HAD A CAR PAYMENT, SINCE THE EARLY 80'S. IN FACT, I'VE ONLY OWNED TWO CARS THAT NEEDED PAYMENTS. WHEN I'D GET 'EM PAID OFF ~ I'D PRETEND I STILL HAD PAYMENTS & I'D BANK THAT PAYMENT UNTIL I NEEDED A DIFFERENT CAR. TWICE, I DIDN'T HAVE ENOUGH BANKED WHEN I NEEDED A DIFFERENT CAR.
THE PRICE OF A USED VEHICLE IS ATROCIOUS ~ A NEW ONE IS ASS-TRONOMICAL!! ONE OF THE TWO CARS I HAD THAT DIDN'T MAKE IT LONG ENOUGH, WAS A CAR I BOUGHT BRAND NEW! UGH!!! LOL THAT SURE THREW ME OFF KILTER!
WHEN YA GOT CASH TO BUY A CAR, YOU CAN GET A REALLY GOOD DEAL!
MAYBE, NOT IN TODAYS' MARKET, THO' ~ I DON'T KNOW & HOPE I DON'T FIND OUT!
Thanks, Jean!
The IRA boosted domestic BEV models, while imported ones suffered the most.
https://insideevs.com/news/657660/us-electric-car-sales-january2023/
It's clear that the battery electric vehicle (BEV) segment is booming, partially through organic growth and partially through the Inflation Reduction Act of 2022 (IRA), which brought back the $7,500 federal tax credit eligibility for Tesla and General Motors.
https://nypost.com/2022/11/16/pols-who-push-electric-cars-ignore-basic-math-and-physics/
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Fact is that electric vehicles are a big scam. The reason that we see the current boom in development and sales is entirely based on the government providing free money subsidies/rebates, tax incentives and funding because the are NOT competitive with combustion engine cars. Add in the strict government mandates and regulations on CO2 emissions forcing many states to go electric.
This is extremely harmful to our economy and consumers because the laws of physics, energy and economics extremely favor combustion engines. Only the government stepping in to force electric vehicles on the market, while completely deceiving Americans on the truth about them is causing the temporary boom.
https://www.citywatchla.com/index.php/cw/important-reads/26455-the-ev-scamdemic
Energy transition is a hoax
Started by metmike - April 15, 2023, 5:50 p.m.
https://www.marketforum.com/forum/topic/94557/
Lithium Batteries, Cobalt and the Congo
Started by joj - Jan. 5, 2023, 7:53 p.m.
https://www.marketforum.com/forum/topic/91944/#91950
NEW: Electric cars are not the solution: Our mechanical engineer chimes in with great points. November 2022 https://www.marketforum.com/forum/topic/90429/
California tells electric car owners NOT to charge vehicles. Energy crisis in California because of unreliable, fake green/anti environmental energy! September 2022 https://www.marketforum.com/forum/topic/88534/
Charles Payne on the economy and in particular, inflation: Biden's intentional war on fossil fuels energy disaster started by Obama. Why anti environmental and bird/bat killing wind and solar can NEVER come close to replacing fossil fuels. The cost = 433 Trillion!. Government forcing anti environmental wind/solar on the market. Stifling new investments in crude and natural gas. 2022
https://www.marketforum.com/forum/topic/85535/
Wind/ solar/batteries
24 responses |
Started by metmike - May 6, 2021, 9:58 p.m.
https://www.marketforum.com/forum/topic/69028/
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For those that think that these are just opinions of metmike........These are not just mere opinions on the laws of physics, energy, economics and the environment.
An honest scientist reports authentic laws that define our planet and universe. I'm just showing you the facts which define those irrefutable laws.
The current group of fake climate crisis charlatans can sell fraud to the public but they can't rewrite the natural laws.
They can hijack climate science, environmentalism, energy and economic/governmental policies for crony capitalism and political agenda but they can't change the laws of nature.
They can shower the fake climate crisis investments and tools with trillions from corrupt governments, that essentially comes from tax payers and rips consumers off but they will never change the laws of nature.
Combustion engine cars are currently much superior to electric cars in the vast majority of categories that matter.
TSLA is in the business of luxury cars
3 year chart of TSLA compared to NSDAQ
purple line is NASDAQ
1 year same comparison
Thanks, cutworm!
Those charts didn't come out but I'll try to get them and post.
Hydrogen powered cars or something else could evolve to replace fossil fuels. The main thing that everybody is missing. The entire push for electric cars is based, not on them being superior, because they aren't. It's based on saving the planet from the fake climate crisis. Our planet is currently experiencing the best weather/climate for life in over 1,000 years and the best CO2 in 100,000 years. That only sounds odd because authentic science was hijacked and has been brainwashed out of everybody. Sounds impossible but it happened.
The only legit reason to push for more electric would be to save the cheap, reliable and dense fossil fuels (that serve as their own battery) for our children and grandchildren and poor countries.
But the diabolical scheme is designed to do the exact opposite and has a 0% chance of working. CO2 is well mixed in the global atmosphere. What will the US mandating electric cars and banning fossil fuels over the next decade do to help the planet? Exactly NOTHING. in fact, this scheme is wrecking the Planet!!
We can all agree that the EIA, (Energy Information Administration) is the world's most credible and comprehensive source for energy information and forecasts.
Look at their global energy graph below and tell me where this 0 emissions of CO2 by killing fossil fuels scam from the United States/Western countries comes into play?
Again, it's crony capitalism, political agenda and corrupted science!
https://www.marketforum.com/forum/topic/94557/
There Is No Energy Transition, Just Energy Addition
https://wattsupwiththat.com/2023/03/12/there-is-no-energy-transition-just-energy-addition/
While wind and solar power are taking a larger piece out of a growing world primary energy pie, fossil fuels are expected to have more absolute growth through 2050.
As Liberty Energy CEO Chris Wright explained in his viral video a few weeks ago, dishonest terminology surrounds the climate debate. One of these terms is “Energy Transition”. The term’s use gives the impression that there exists a quick, easy and scalable alternative to eliminate fossil fuel use without serious impact on people.
cutworm,
I see your point on the Nasdaq and TSLA moving in tandem.
However, all I can do is explain the fundamentals of electric vehicles. Money invested by people will be based on what they THINK will happen at any point in time.
The government and master manipulator Elon Musk are experts at convincing people to invest in fraudulent schemes.
I'm an elite authority on showing authentic science/energy based on physical laws of nature and exposing scams.
Eventually the physical laws of nature catch up and burn all scams as this one is. Not everybody finds out at the same rate. TSLA sales may be setting records right now because of the US government forcing sales on the market. However, the market is still down 55% from its peak, with the Nasdaq down 25%.
cutworm, you're an extremely market savvy guy.
When a market doesn't respond to extremely bullish news..........what does that tell you?
What will cause TSLA investors to jump back on board if the bullish news has already peaked?
Those still long TSLA stock don't realize the bullish news has peaked........and that's why they are still long obviously.
They read all about the electric car mandates and subsidies from our government and no more fossil fuels and think they're positioned for the inevitable future and its just a matter of time before TSLA goes back up. It has no choice since electric cars are the future because the government and the Biden administration tell us with certainty that they will be replacing fossil fuels. The ANTI inflation reduction act is mostly just an attempt to kill fossil fuels (and our economy) using the government.
Again, they can't defy the laws of physics, energy and economics.
Solar and wind will NEVER replace fossil fuels. Electric cars are a scam.
That's all I can tell you with certainty.
https://tradingeconomics.com/tsla:us
Tesla just broke out to the downside from a bear flag.
https://tradingeconomics.com/tsla:us
From the MANHATTAN CONTRARIAN
My previous post discussed a few aspects of the just-issued Tesla Report with the title “Sustainable Energy for All of Earth.” Today, I’ll poke around at a couple more.
https://wattsupwiththat.com/2023/04/14/reality-versus-the-tesla-energy-report-part-ii/
That’s right — it’s 5,338 GW of renewables, of which 1,971 is wind and 3,052 is solar. Almost all of that 5,338 will have to be newly built. (Per this EIA chart for 2021, the current nameplate capacity of “nonhydro renewable” electrical generators in the U.S. is about 200 GW.)
New York State is about 6% of the U.S. by population, so I guess that under Tesla’s scheme we will have to be building around 6% of 5,338 GW of renewable capacity, or about 320 GW. Our “grand plans” to build 12 GW in the next decade are insufficient by a factor of about 27. But I guess if we can get going and then maintain the pace of building about 12 GW per decade for 270 years, we can get there by, say, about the year 2300.
So the correct term for the Tesla document is “completely absurd.” The same goes for New York’s energy transition plans.
But you knew the Tesla Report was absurd without reading it. If a company has a vision for a new product or system that is better and cheaper than what currently exists in the marketplace, the last thing it would ever do is put out a Report like this supposedly telling everyone else how to do it. Instead, it would invest its own money to develop the product or system, and keep all the profits for itself. Here, the plan is transparently to get the government to put up all the money and for Tesla to harvest the subsidies.
https://insideevs.com/news/658093/tesla-rivals-cutting-prices-ramp-up-sales-china/
3 waves down has tesla at 25??
