And OIL PRICES MOVE HIGHER on stock markets as Yankee govt makes new announcements for economic aid!
Yet hemerHOID remains in his dark delusional state!
Perhaps he has OIL in his eyes and cannot see?
Largest oil drop in history underway, analysts say
- Thread starter B00Mer
- Start date
And OIL PRICES MOVE HIGHER on stock markets as Yankee govt makes new announcements for economic aid!
Yet hemerHOID remains in his dark delusional state!
Perhaps he has OIL in his eyes and cannot see?
Gotta agree, Teslas burning on the roadside and in parking lots are a common enough site that it's hardly news worthy.
Anywho, count this reality among one of the many reasons that the company will be burning down faster than one of their own cars
The article that really got me thinking was one written by a Yankee electric TOY car owner - whose battery burned out and needed to
be replaced after only a couple of years! The guy was a real estate sales person and put HIGH MILEAGE on the car while travelling to
show houses and of course to save time the guy would use those vaunted "fast chargers" several times per day to ensure he did not
run out of power - and what the electric TOY car makers DO NOT TELL US is that very frequent use of the FAST CHARGERS
can heat up your battery and DRASTICALLY SHORTEN its service life!
And the useful service life of a TOY car Lithium battery is NOT IDEAL at the best of times!
It seems VERY LIKELY than in the years ahead - we can look forward to a LOT OF ANGRY electric TOY car owners
QUIETLY DUMPING their worthless wheels!
The russian economy is controlled by one man
The saudi economy is controlled by one man
World oil prices are controlled by one man.
Carbon credit scam exposed: Carbon markets fail as CO₂ declines
By CFACT |April 2nd, 2020|
Environmentalists and green bureaucrats have watched in shock as the coronavirus global shut down has now caused carbon credit markets to crash.
The European Union’s carbon credits price has fallen by 40% this year so far. This market was worth $215 billion last year, according to Bloomberg Environment. The price drop has rubbed out two years of EU carbon market gains.
It turns out that if there are extremely low levels of carbon dioxide emissions, as is the case currently with businesses and industries shuttered, the companies doing the carbon emitting don’t have to buy any carbon credits to make up for it.
And if no one is buying carbon credits to offset emissions, well, then the so-called “market” for carbon dies.
Wait a minute, isn’t the whole idea of these carbon credits to reduce CO₂ emissions; what climate campaigners refer to as horrible pollution?
As Luke Skywalker said when approaching the Death Star for the first time in Star Wars Episode IV: A New Hope, “I have a very bad feeling about this.”
How is it then that if the ultimate goal of near zero CO₂ emissions is achieved, the long-coveted carbon credit market crashes?
Quite plainly, it is because the existence of these markets sets up a perverse incentive.
To the average climate campaigner, the goal of such a “market” is to eventually bring CO₂ emissions to as close to zero as possible. But for those companies making big bucks off of carbon credits, when the so-called “pollution” falls, so do their profits. They don’t plan on giving that cash flow up any time soon.
Until recently, climate activists have been very successful convincing corporations and governments into going along with the scheme of “carbon credits.” This means, essentially, the more CO₂ you emit, the more credits you have to buy. The cost of those credits is then supposedly invested into renewable energy projects, etc.
But the real goal isn’t to reduce CO₂ emissions at all.
The real goal is to make money.
Whatever good, yet misplaced, intent there is in climate action policies has been completely hijacked by those who see money making opportunities – and not in a way that encourages innovation through free market capitalism, but by creating schemes like carbon credit markets that siphon funds off of legitimate businesses and redistributes them to companies and individuals with the right connections in government.
You can’t claim to have a free market solution to something with a faux market only put in place by mandating government regulations.
A faux market is all carbon credits, carbon taxes, carbon pricing, carbon transfers, or whatever you want to brand them, will ever amount to
By CFACT |April 2nd, 2020|
Environmentalists and green bureaucrats have watched in shock as the coronavirus global shut down has now caused carbon credit markets to crash.
The European Union’s carbon credits price has fallen by 40% this year so far. This market was worth $215 billion last year, according to Bloomberg Environment. The price drop has rubbed out two years of EU carbon market gains.
It turns out that if there are extremely low levels of carbon dioxide emissions, as is the case currently with businesses and industries shuttered, the companies doing the carbon emitting don’t have to buy any carbon credits to make up for it.
And if no one is buying carbon credits to offset emissions, well, then the so-called “market” for carbon dies.
Wait a minute, isn’t the whole idea of these carbon credits to reduce CO₂ emissions; what climate campaigners refer to as horrible pollution?
As Luke Skywalker said when approaching the Death Star for the first time in Star Wars Episode IV: A New Hope, “I have a very bad feeling about this.”
How is it then that if the ultimate goal of near zero CO₂ emissions is achieved, the long-coveted carbon credit market crashes?
Quite plainly, it is because the existence of these markets sets up a perverse incentive.
To the average climate campaigner, the goal of such a “market” is to eventually bring CO₂ emissions to as close to zero as possible. But for those companies making big bucks off of carbon credits, when the so-called “pollution” falls, so do their profits. They don’t plan on giving that cash flow up any time soon.
Until recently, climate activists have been very successful convincing corporations and governments into going along with the scheme of “carbon credits.” This means, essentially, the more CO₂ you emit, the more credits you have to buy. The cost of those credits is then supposedly invested into renewable energy projects, etc.
But the real goal isn’t to reduce CO₂ emissions at all.
The real goal is to make money.
Whatever good, yet misplaced, intent there is in climate action policies has been completely hijacked by those who see money making opportunities – and not in a way that encourages innovation through free market capitalism, but by creating schemes like carbon credit markets that siphon funds off of legitimate businesses and redistributes them to companies and individuals with the right connections in government.
You can’t claim to have a free market solution to something with a faux market only put in place by mandating government regulations.
A faux market is all carbon credits, carbon taxes, carbon pricing, carbon transfers, or whatever you want to brand them, will ever amount to
Poor DESPERATE hemerHOID! He does not want to consider what he will be able to to or say
once Wuhan Pestilence is brought under control and markets and OIL PRICES BOUNCE BACK!
Taking the lead from Kenney
Trump threatens imposing tariffs on 'oil coming from outside'
Most exports believe this will not effect Canadian crude, but you know anti-Trumpers will jump on it and use it as an attack against him.
Trump threatens imposing tariffs on 'oil coming from outside'
Most exports believe this will not effect Canadian crude, but you know anti-Trumpers will jump on it and use it as an attack against him.
Refineries and brokers will not allow him to Tariff Canadian Oil to many jobs and money attached to it.
Sorta like N95 Masks..
During these times congressmen and senators are very quite.. they are giving Trump a free reign to do pretty much anything he wants..
Sorta surprised he hasn't suspended the elections for 1 years... maybe that's to come??