Coming Up short,
Bye-bye Carbon, The Honest Sorcerer
UK emissions in 2023 fell to lowest level since 1879. But why is that so? Are we on a path to a green Nirvana, or something entirely different is going on? .....Missing entirely from the conversation around both emissions and economic growth is the fact that this is what happens when a country is running out of cheap and easy to access carbon, like easy to mine coal, or oil and gas gushing out from a well. Take a glance at the chart above once again...
UK emissions are in a free fall ever since. The reasons were the same with coal: energy economics. While there were plenty more hydrocarbons beneath the North Sea, they were found in ever deeper, ever smaller, ever more remote pockets — requiring drilling more wells, more frequently. The energy needed to be invested into (and payed for) obtaining them simply did not, and will not be worth it...
..78% of Britain’s primary energy still comes from fossil fuels, mostly oil and gas. Mind you, it could not possibly be in any other way: “renewables” are an intermittent source of electricity, and thus wholly unable to power agriculture and transportation, let alone the manufacturing of steel, cement, plastics or fertilizers — the four pillars of civilization — which Brits still use in large quantities...
..As an iron law of modernity, a fall in CO2 emissions equals a fall in real economic output; leading to the same process what we can observe now all across Europe in general, and Germany in particular. An economic decline, which could be masked only temporarily by globalization, and an overvalued currency propped up by foreign investments in the banking sector, or an increasingly financialized economy. This is why oil consumption has a statistically perfect correlation with GDP.....Shutting down industry, then importing everything which is necessary to maintain modernity does not solve a thing...
..We are facing a world-wide affordability crisis when it comes to hydrocarbons. Without going into excess debts (which has become all the more expensive with higher interest rates) not even rich nations like the UK could afford to by more oil and gas. Smaller ones are already being bankrupted by these forces, as we speak.....It looks like oil majors are playing a game of ‘last man standing’. Instead of investing in oil exploration and expanding production, they are buying up each other’s resources in the Permian (a now maturing shale play) and the Starbroek near the shores of Guyana... In fact, these two plays are rather the exception than the norm; for the rest of the world production struggles to remain flat. The Starbroek and the Permian are the last two remaining areas where oil production could be grown for a relatively modest investment...
..Simply put: we have run out of the easy to access stuff, requiring low to modest energy investments to get.....The issue with deep water (as you might have already guessed) is that such oil takes much more energy to obtain: cannibalizing most of the gains made by opening such a field...
..Not everything is “oil” that is reported as such. Real petroleum production still remains below its all time high reached in November 2018. The additions are coming from natural gas liquids and other products which are absolutely no substitute for oil. It’s like reporting wheat production together with rapeseed harvests: one does not substitute the other.....As easy to drill reserves deplete and are being replaced with ever harder to get resources, the energy cost of oil will keep on rising, and rising, and rising...
..So is it good news then, that while traditional petroleum production stagnate, we see a steady increase in ‘liquids’ production…? If you ask me, I see this as a warning sign that we have started to cannibalize our energy production, and turn everything into a liquid fuel to keep the economy from crashing.....I cannot emphasize enough, that without diesel [which can only be refined from traditional "oil"] there is absolutely no modern economy — no agriculture, no mining, no transportation — and it has no real substitute... The ever increasing energy inputs going into creating this indispensable fuel — either through the relentlessly increasing energy cost of drilling or blending in more and more synthetic- and biofuels — will eventually lead to peak diesel affordability. This will mean, first of all, less long distance transport and trade, then second, more expensive minerals (making electrification and “renewables” even less possible to achieve), not to mention the innumerable shortages of just about anything from wood to grains, or from microchips to chemical products...
..It should not come as a surprise then that the much touted “renewable” and nuclear powered green economy remains hopelessly tied to affordable diesel (from mining resources to delivering everything on site), and other fossil fuels powering the creation of all the necessary steel, cement and the plethora of other technologies. These “new” energy resources are nothing but a desperate attempt to buy more time — to watch more cat videos while getting rich on Bitcoin.....The fall in CO2 emissions, while good news for the future of the global climate, signals a turning point in the life of this civilization. The UK, Germany, and Europe in general are just the first canaries to kick the bucket in this rapidly depleting coal mine we call the ‘economy’...
https://thehonestsorcerer.substack.com/p/bye-bye-carbon
https://thehonestsorcerer.substack.com/p/bye-bye-carbon
“The years 2023-2024 look a lot like 1973-1974.”
The history books remind us,1973’s oil embargo shook the global energy market. It also reset geopolitics, reordered the global economy, and a multipolar world saw energy weaponized. After kissing 6% in 1970, in Q1 of 1973, inflation as measured by CPI danced just below 4%, much like today, central bankers were doing the Michael Jackson moonwalk in celebratory form. Then, in bloodcurdling fashion in late 1974, CPI breached 12%.
The history books remind us,1973’s oil embargo shook the global energy market. It also reset geopolitics, reordered the global economy, and a multipolar world saw energy weaponized. After kissing 6% in 1970, in Q1 of 1973, inflation as measured by CPI danced just below 4%, much like today, central bankers were doing the Michael Jackson moonwalk in celebratory form. Then, in bloodcurdling fashion in late 1974, CPI breached 12%.
https://www.zerohedge.com/markets/were-one-event-away-1970s-style-stagflation-explosion
Scott Ritter: Putin’s ‘Dedicated Work’ Added to Reinvigorated Russia
German Lawmaker In Blistering Ukraine Speech To Parliament: "Have You All Lost Your Minds?"
"Vladimir Putin was a product of the 1990s. He saw the reality of the 1990s and he understood that Russia could never allow itself to go back to those times. He understood that if Russia didn't break free of the path that it was headed on during the decade of the 90s, there would be no Russia," Ritter concluded.
Sahra Wagenknecht was long well-known as one of the leading members of the Left Party (Die Linke), but currently she's head of the recently formed Sahra Wagenknecht Alliance – Reason and Justice. She recently gave a stirring and rare, courageous speech warning against the German government being on the warpath with Russia, also as a handful of European leaders, with France's Macron leading the way, even contemplating sending Western troops to Ukraine as a viable 'option'.
"Have you all lost your minds?" she questioned members of the Bundestag. She said in the speech: "The Scholz government has already crossed one red line after the other. In the meantime we reached the point where German Air Force officers calmly debate how to destroy Russian targets with German cruise missiles..." She continued, "The scandal is that we have reached a point where it has become normal to have such debates."
Wagenknecht went on: "Our grandiose military experts from the Greens have been telling us for two years now what 'game changer' we have to deliver next so that Ukraine can win this war." The hawks "dream" about using German missiles to "destroy ministries in Moscow," she said. "And when the pope speaks out against this madness, saying that Kiev should negotiate rather than drive the country to suicide, he was called a 'Putin troll'."
"Have you all lost your minds?" she questioned members of the Bundestag. She said in the speech: "The Scholz government has already crossed one red line after the other. In the meantime we reached the point where German Air Force officers calmly debate how to destroy Russian targets with German cruise missiles..." She continued, "The scandal is that we have reached a point where it has become normal to have such debates."
Wagenknecht went on: "Our grandiose military experts from the Greens have been telling us for two years now what 'game changer' we have to deliver next so that Ukraine can win this war." The hawks "dream" about using German missiles to "destroy ministries in Moscow," she said. "And when the pope speaks out against this madness, saying that Kiev should negotiate rather than drive the country to suicide, he was called a 'Putin troll'."
https://www.zerohedge.com/geopolitical/german-lawmaker-blistering-ukraine-speech-parliament-have-you-all-lost-your-minds
US is not a democracy – Putin
'Burden to Democratic Ticket': Kamala Harris Urged to Step Down Ahead of 2024 Election [So Hillary goes in? What will Harris be offered for that move?]
UNICEF Says Israel Has Killed Over 13,000 Children in Gaza
The agency says many are suffering from malnutrition and do not 'even have the energy to cry'
Human Rights Watch called for international sanctions on "Israel" due to its non-compliance with ICJ orders to prevent genocide.
Israeli PM adamant on invading Rafah despite world pressure
Egyptian President Abdel-Fattah al-Sisi said Sunday his country will not allow the forced displacement of Palestinians from the Gaza Strip. ("Not allow" how?)
Sisi held talks with European Union Commission President Ursula von der Leyen on the sidelines of an Egyptian-European summit in Cairo.
"Egypt rejects the forced displacement of Palestinians to its lands and will not allow it,” the Egyptian leader said as cited by a presidential statement.
Sisi also underlined the need for a cease-fire in the Gaza Strip.
Archbishop Viganò: ‘The Globalist Cabal Want To Establish the Kingdom of the Antichrist on Earth’
'These murderers will soon find themselves answering for their crimes, if not before the tribunal of the world, then certainly before God,' Archbishop Carlo Maria Viganò wrote.
UK Advises Ukraine to Stay on Defensive in East and Focus on Targeting Crimea
British soldiers are in Ukraine helping fire Storm Shadow missiles, which can hit targets deep inside Crimea
President Vladimir Putin admitted that, given the “tragic events” associated with the shelling of border regions, Russia “at some point” will have to create a sanitary zone in Ukraine. This is how he answered the question of whether he considers it necessary to annex the Kharkov region to the Russian Federation in order to ensure the security of the Belgorod region.
Vladimir Putin said that he is not ready to talk about plans to annex certain territories. “It may become necessary to create a security zone, which will be quite difficult to overcome using the weapons that the enemy uses, primarily foreign-made,” Mr. Putin told reporters.
..During the build-up of coalition troops in Saudi Arabia the Air Force flew tankers at high altitudes over Iraq (shortly after taking out most of their ground to air missile defenses), and they created record shattering torrential rain in that desert nation, by tapping into a previously re-directed atmospheric river. The Republican Guard armored units were caught off-guard with traditional sand tracks on their tanks and sand tires on their artillery pieces. Plus, they were all hidden from view as they sat in massive dug-out trenches facing the Saudi Arabian front lines. Those trenches became flooded and most of their armored units became bogged down and could not move quick enough to defend against the well-planned coalition offensive.
Mainly because, the coalition forces moved under the cover of their heavy rain makers and GPS/radar jamming AWACS planes. Allowing them to attack from the rear of the dug-in Republican Guard forces. Their tanks and artillery units had also been modified with mud tracks and tires that scooped off the wet, heavy clogging sand masses and allowed them to move with incredible agility.
The largest tank and artillery battle in history was won by the Coalition Army (even though they were outnumbered ten to one), because climate engineering paved the way for a history making showdown in the deserts of Iraq.
Niger Severs Ties With US Military After Alarm Raised Junta Will Supply Uranium To Iran
The US has become a global laughing stock by criticizing democratic processes in other nations while suppressing a presidential candidate in its own election, Russian leader Vladimir Putin has claimed.
Speaking to journalists in Moscow early on Monday morning, shortly after preliminary results indicated he would be reelected with 87% of the vote in the Russian presidential election, Putin stated that the “whole world is laughing at what is happening” in the US.
“We are behaving with more restraint than their opponents in other countries, but this is just a catastrophe, not a democracy – that’s what it is,” the Russian leader added.
Putin claimed that the current US administration is using all its resources to attack a candidate for this year’s presidential election, seemingly referring to Donald Trump.
Speaking to journalists in Moscow early on Monday morning, shortly after preliminary results indicated he would be reelected with 87% of the vote in the Russian presidential election, Putin stated that the “whole world is laughing at what is happening” in the US.
“We are behaving with more restraint than their opponents in other countries, but this is just a catastrophe, not a democracy – that’s what it is,” the Russian leader added.
Putin claimed that the current US administration is using all its resources to attack a candidate for this year’s presidential election, seemingly referring to Donald Trump.
7/31/15 , Jimmy Carter: U.S. Is an ‘Oligarchy With Unlimited Political Bribery’
The 39th president said the 'Citizens United' ruling 'violates the essence of what made America a great country in its political system'A Washington Post editorial called on the US vice president to step aside as she has become a "burden" to the Democratic ticket.
The agency says many are suffering from malnutrition and do not 'even have the energy to cry'
"States must impose sanctions and an arms embargo on Israel, to compel it to comply with the order issued by the International Court of Justice," the organization wrote, noting that "Tel Aviv" has failed to comply with the court's orders and has not worked to deliver aid and basic services to Gaza's residents.
Israeli Prime Minister Benjamin Netanyahu said on Sunday he would keep on with the military campaign against Hamas in Gaza, where aid agencies say famine is looming, while ceasefire talks were set to resume. Netanyahu told a Cabinet meeting that Israel would push into Rafah.
Sisi held talks with European Union Commission President Ursula von der Leyen on the sidelines of an Egyptian-European summit in Cairo.
"Egypt rejects the forced displacement of Palestinians to its lands and will not allow it,” the Egyptian leader said as cited by a presidential statement.
Sisi also underlined the need for a cease-fire in the Gaza Strip.
'These murderers will soon find themselves answering for their crimes, if not before the tribunal of the world, then certainly before God,' Archbishop Carlo Maria Viganò wrote.
British soldiers are in Ukraine helping fire Storm Shadow missiles, which can hit targets deep inside Crimea
Ukrainian forces have ramped up attacks on the Russian city of Belgorod, across the border from Kharkov/Kharkiv, using western missiles with cluster bombs on civilians, to force Russia to attack in the northeast, not in the Odessa region, which would land-lock Ukraine.
Putin allowed the creation of a sanitary zone in Ukraine due to attacks on the border area President Vladimir Putin admitted that, given the “tragic events” associated with the shelling of border regions, Russia “at some point” will have to create a sanitary zone in Ukraine. This is how he answered the question of whether he considers it necessary to annex the Kharkov region to the Russian Federation in order to ensure the security of the Belgorod region.
Vladimir Putin said that he is not ready to talk about plans to annex certain territories. “It may become necessary to create a security zone, which will be quite difficult to overcome using the weapons that the enemy uses, primarily foreign-made,” Mr. Putin told reporters.
Dane Wigington, Geoengineering Watch:
"Severe storms bring heavy snow to the Rockies and baseball-sized hail to the Midwest" (NBC News). Chemical ice nucleation cloud seeding operations are a core component for unstable air masses and massive hail. Late this week snow was also falling in Arizona at above freezing temperatures while it was raining in north eastern Canada. Does that make any sense from a meteorological perspective? The short answer is no, it doesn't, unless geoengineering is considered. "Fruit chaos is coming", that new headline from the Atlantic is referring to the crop crushing effect of record warm temperatures immediately followed by freak flash freezes. This devastating scenario is occurring all over the world. Is it just the result of nature? Or something else altogether? ... Mainly because, the coalition forces moved under the cover of their heavy rain makers and GPS/radar jamming AWACS planes. Allowing them to attack from the rear of the dug-in Republican Guard forces. Their tanks and artillery units had also been modified with mud tracks and tires that scooped off the wet, heavy clogging sand masses and allowed them to move with incredible agility.
The largest tank and artillery battle in history was won by the Coalition Army (even though they were outnumbered ten to one), because climate engineering paved the way for a history making showdown in the deserts of Iraq.
Last year's coup saw a military-led government come to power, which from the start signaled rough and uncertain times ahead for US-Niger relations. A Saturday statement by Nigerien junta spokesman Col. Maj. Amadou Abdramane said, "Niger regrets the intention of the American delegation to deny the sovereign Nigerien people the right to choose their partners and types of partnerships capable of truly helping them fight against terrorism."
This charge of the US not respecting the West African nation's sovereignty comes in reaction to recent Western intelligence claims that Niger has been engaged in secret talks and deal-making to grant Iran access to its uranium. US officials have also bitterly complained about Niger cozying up to Moscow.
This charge of the US not respecting the West African nation's sovereignty comes in reaction to recent Western intelligence claims that Niger has been engaged in secret talks and deal-making to grant Iran access to its uranium. US officials have also bitterly complained about Niger cozying up to Moscow.
Don't drive a car that's a snitch, right? And don't look at your phone while you drive! Thanks Red. Smart Cars Reporting to Govt – Insurance Rates up 26% YoY
In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor. He regularly championed public banking in speeches, town halls and campaign commercials. He won the race, and the nation’s second state-owned bank following the stellar model of the Bank of North Dakota (BND) appeared to be in view...
..The report recommends creation of a public bank as a successor to the SIIF but asserts that the public bank should not be a depository institution. This recommendation is repeated throughout the report. Many authorities confirm that a financial institution is not a “bank” unless it takes deposits.....Experienced bankers make its loans free from board or political influence and from conflicts of interest. BND’s principal depositor, the state of North Dakota, by law must keep its funds in the bank, thus protecting BND from a run on its deposits. The Standard & Poor’s credit rating for the BND is A+/stable. The S&P report states, “BND has one of the highest risk-adjusted capital (RAC) ratios for rated U.S. banks.”
BND’s profitability has helped strengthen community banks and credit unions in North Dakota by making loans in partnership rather than in competition with them. In the Great Recession, it also bought loans from stressed local banks to prevent bank failures and keep the economy running smoothly. BND operates with very low overhead and stresses productive and local lending rather than lending to buy existing assets. The latter is the sort of speculative, nonproductive, bubble-creating lending engaged in by the giant commercial banks from which Gov. Murphy originally sought to divest. North Dakota’s revenues are safer in its own bank than in the largest Wall Street banks, which “insure” their capital with interconnected derivatives backed by rehypothecated collateral, a practice that the Office of the Comptroller of the Currency has declared to be “unsafe and unsound.”...
BND’s profitability has helped strengthen community banks and credit unions in North Dakota by making loans in partnership rather than in competition with them. In the Great Recession, it also bought loans from stressed local banks to prevent bank failures and keep the economy running smoothly. BND operates with very low overhead and stresses productive and local lending rather than lending to buy existing assets. The latter is the sort of speculative, nonproductive, bubble-creating lending engaged in by the giant commercial banks from which Gov. Murphy originally sought to divest. North Dakota’s revenues are safer in its own bank than in the largest Wall Street banks, which “insure” their capital with interconnected derivatives backed by rehypothecated collateral, a practice that the Office of the Comptroller of the Currency has declared to be “unsafe and unsound.”...
..Whether the final stage of New Jersey’s efforts will be a true public bank, as advocated by Gov. Murphy in 2017, remains to be seen. Meanwhile other states and cities are making impressive progress toward that goal. For updates, see the Public Banking Institute newsletter.
Meryl Nass MD works to simplify the intentionally complex WHO Pandemic Treaty changes and International Health Regulation changes, which hand unchecked supranational global power to an unelected bureaucrat.
The WHO Director-General is about to become the World Health Dictator, unless we stop him!The WHO's 194 member nations are being asked to vote on two documents this May that will transfer unprecedented powers to the WHO. Here's what is happening:
A new Pandemic Treaty is being proposed that would legalize worldwide use of experimental, liability-free vaccines, impose health censorship and much more.
Major amendments to the International Health Regulations are being proposed that give the WHO the power to impose worldwide lockdowns, vaccine mandates and much more.
If either one passes it will be a massive attack on our civil rights, Constitutions, and our national sovereignty and individual autonomy.
The report, which relies on data from the CDC, paints a troubling picture.
"We show a rise in excess mortality from neoplasms reported as underlying cause of death, which started in 2020 (1.7%) and accelerated substantially in 2021 (5.6%) and 2022 (7.9%). The increase in excess mortality in both 2021 (Z-score of 11.8) and 2022 (Z-score of 16.5) are highly statistically significant (extreme events)," according to the authors.
That said, co-author, David Wiseman, PhD (who has 86 publications to his name), leaves the cause an open question - suggesting it could either be a "novel phenomenon," Covid-19, or the Covid-19 vaccine. [One cause is innumerably more likely than the other two, though.]
"We show a rise in excess mortality from neoplasms reported as underlying cause of death, which started in 2020 (1.7%) and accelerated substantially in 2021 (5.6%) and 2022 (7.9%). The increase in excess mortality in both 2021 (Z-score of 11.8) and 2022 (Z-score of 16.5) are highly statistically significant (extreme events)," according to the authors.
That said, co-author, David Wiseman, PhD (who has 86 publications to his name), leaves the cause an open question - suggesting it could either be a "novel phenomenon," Covid-19, or the Covid-19 vaccine. [One cause is innumerably more likely than the other two, though.]
Stanford Medicine researchers find that ibogaine, a plant-based psychoactive compound, safely led to improvements in depression, anxiety and functioning among veterans with traumatic brain injuries.
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