The World Invested $264 Billion in New Renewables in 2016

pgs

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Yeah I read the article, and despite thier claim there is more oil, the cost to extract the oil is close to a break even point where it's not worth it.

...but as I stated, there are alternatives in the future.. bio fuels.

The Break Even Cost For Shale Oil

Maybe this will get your pee pee hard.
If you want a hard pee pee maybe you should be looking at your jiggly pictures .
 

captain morgan

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A Mouse Once Bit My Sister

taxslave

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Recyclables.

You missed the point. Recycling steel requires heat. Lot's and lots of heat. How many sq miles of panels will it take to run just 1 blast furnace? And how are you going to keep it hot at night when the solar panels go dark?

So, when did they start equating tax payer subsidies as actual investment?

They include hydro electric plants.
 

taxslave

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Canada gives $3.3bn subsidies to fossil fuel producers despite climate pledge


You should have read the article before making yourself look as silly as flossy. R&D tax credits are not subsidies. Unlike the $10000 government is giving buyers of electric cars. That is a subsidy. Or bribe if you are being honest.
 

tay

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You missed the point. Recycling steel requires heat. Lot's and lots of heat. How many sq miles of panels will it take to run just 1 blast furnace? And how are you going to keep it hot at night when the solar panels go dark?

They include hydro electric plants.

Of course you are correct. Oil/Gas and it's byproducts will always be required but the plan is to reduce their use, based on the pollution aspect by as much as possible.

And retaining Solar/Wind power for off times is a challenge. I have a friend who has his cottage set up for the appliances and lights with a whack of batteries and it works okay but his usage is low.Tesla is installing a test site in Australia but the cost of the battery pack is too much at this time.......

Tesla battery in South Australia: Everything you need to know
 

mentalfloss

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Slippery Slope and Cherry Pick.

'You can't live without oil'

And

'Solyndra'
 

taxslave

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Of course you are correct. Oil/Gas and it's byproducts will always be required but the plan is to reduce their use, based on the pollution aspect by as much as possible.

And retaining Solar/Wind power for off times is a challenge. I have a friend who has his cottage set up for the appliances and lights with a whack of batteries and it works okay but his usage is low.Tesla is installing a test site in Australia but the cost of the battery pack is too much at this time.......

Tesla battery in South Australia: Everything you need to know

I lived off grid for a number of years. Actually lots but most of that was camps where were 100% diesel. 1camp did have a Pelton wheel. I degress. Our own had solar/battery and a generator for real power needs. WE could have lights most of the year but often needed to charge batteries while using power. Especially in winter. Currently we use some solar and a windmill but same problems. The solar keeps the electric bike charged and we can run a couple of lights when the power goes out but no applances.I certainly would not spend $20000 on a grid system based on what I know. It would be close to the end of my life to break even based on the best case senarios. New technology could change my mind.

Interesting thing about windmills the shills don't tell you. High maintenance costs. The North Island wind farm which has only been producing for about 4 years needed all the blades changed. Apparently wind and salt air is bad for them. Who Knew?

Slippery Slope and Cherry Pick.

'You can't live without oil'

And

'Solyndra'

two more things that are beyond your grasp.
 

B00Mer

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If you want a hard pee pee maybe you should be looking at your jiggly pictures .

pgs, I'd swear you and MHz are the same person at times..

What do you plan on eating?

Did you not watch the video on NASA.. they are not using agricultural spaces to create the bio fuel.

Besides, what are you planning on eating in the future.

With population growth, we need to find ways to grow food 365 days of the year in Canada and all kinds of foods.

One word... Hydroponics

[youtube]LFihxgbZMik[/youtube]

No need for harmful insecticides that flow into our water systems and get into the environment.
 

Walter

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We will never run out of oil since it is abiotic and the Earth continuously makes more by the billions of barrel a year.
 

petros

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Two words. Energy intensive.

I'll eat grain fed beef, pork, chicken and fish.

You don't think greenhouses don't get insect issues and no fertilizer is going down the drain?
 

B00Mer

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We will never run out of oil since it is abiotic and the Earth continuously makes more by the billions of barrel a year.

Yeah you're right in a million years somebody will be digging up your dead corps and shoving into their gas tank :lol:

Abiotic Oil - Wishful thinking

Abiotic Oil - Wishful thinking and other "snooze buttons" to delay the alarms about Peak Oil and other resource limits

The easiest to get petroleum has been gotten. Now comes the more difficult to extract oil which is harder to process.

Those who think Peak Oil is not real rarely address the reason why the oil industry ended in northwest Pennsylvania. Hint: It's the same reason why 200 foot tall trees aren't being cut down in New England any more and why gold mining is essentially ended in California.

Claims that oil is infinite are either a psychological blockage that makes it difficult to accept a round (ie. finite) planet or disinformation to distract people from demanding that the rest of the oil should be used in a humane and sane manner (solar panels, not battleships).

The real Peak Oil conspiracy is that the public is not allowed to be part of the decisions about how to cope with the environmental crisis.

Are there any disbelievers in Peak Oil who talk about the need for energy efficiency, to stop petroleum pollution that causes cancer and fouls the atmosphere, to reduce consumption, improve Amtrak, relocalize food production or other steps to reduce dependence on oil. Selfishness is not a great approach for figuring out how to have a sustainable civilization.

There's also peak natural gas, peak mineral resources (they can only be mined once!), peak fish, peak forests, peak soil, peak food, peak water and many other limits to endless growth. We have only one Earth, but most Americans (and others who aspire to live like Americans) act as if we'll just grab some more planets when we strip the resources from this one. That's the real issue and it's not solved by name calling, appeals for false unity, or various distractions that avoid the core problem of a round planet.

Abiotic oil theory and its implications for peak oil | Peak Energy & Resources, Climate Change, and the Preservation of Knowledge

Abiotic oil theory and its implications for peak oil
Posted on November 2, 2016 by energyskeptic

[This is most, but not all of the paper, which you can read here. Abiotic proponents believe that the earth is always producing fossil fuels so we don’t need to worry about peak oil (peak production) or running out of oil and natural gas. This is the best paper I know of that soundly refutes this notion.

And even if abiotic oil existed, it doesn’t matter, because we’re using 4 times more oil than we’re finding, and:

Conventional oil, where 90% of our oil comes from, peaked in 2005
Conventional is declining at a rate of 6% a year, reaching 9% a year by 2030, which means replacing half to two-thirds with unconventional oil in 13 years, from 2017 to 2030
It will be hard for unconventional oil to fill in that gap because it’s difficult, distant, nasty, and expensive both money and energy-wise. Even if the oil is there, the FLOW RATE will slow way down to a trickle instead of the Niagara Falls we have now
Fracked oil (and natural gas) was expected to peak in 2019 but maybe already have due to low oil prices.
Since the 1960s the world has been consuming more oil than what was discovered. Most of the world’s 500 largest oil fields were discovered over 50 years ago, and they are still the source of 60 % of our oil. The world burns 30 billion barrels of oil a year, but in 2015 only 2.7 billion barrels of oil were found, and likely even less will be found in 2016.
Alice Friedemann Peak Energy & Resources, Climate Change, and the Preservation of Knowledge | Collapse or Extinction? author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole Grain Artisan Chips and Crackers”. Podcasts: KunstlerCast 253, KunstlerCast278, Peak Prosperity , XX2 report ]

Höök, M., Bardi, U., Feng, L. & Pang, X. October 2010. Development of oil formation theories and their importance for peak oil. Marine and Petroleum Geology, Vol. 27, Issue 9: 1995-2004

Abstract

This paper reviews the historical development of both biogenic and non-biogenic petroleum formation. It also examines the recent claim that the so-called “abiotic” oil formation theory undermines the concept of ”peak oil,” i.e. the notion that world oil production is destined to reach a maximum that will be followed by an irreversible decline. We show that peak oil is first and foremost a matter of production flows. Consequently, the mechanism of oil formation does not strongly affect depletion.

We would need to revise the theory beyond peak oil only for the extreme — and unlikely— hypothesis of strong abiotic petroleum formation.
 
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