Daily Digest

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Daily Digest 5/2 - High Ground Becoming Hot Property, Carbon Intensity Is Falling In Energy Sectors

Tuesday, May 2, 2017, 9:24 AM

Economy

Washington Is the Real Threat to Peace on the Korean Peninsula (LesPhelps)

The current crisis on the Korean Peninsula is the product of a militarized state, led by an unpredictable and capricious leader, which cannot be trusted with nuclear weapons. That militarized state is of course the United States, and that unstable and capricious leader is Donald Trump.

Trump's U.S. Looks Past Energy Independence to Global Dominance (jdargis)

Zinke is pushing forward President Donald Trump’s plans to expand oil and natural gas drilling and reconsider regulations that might limit development of U.S. natural resources. Trump on Friday ordered Zinke to revise a five-year schedule for auctioning offshore drilling rights with the aim of potentially including territory left out by former President Barack Obama.

Do We understand?— Nazca lines (Jesper A.)

As an aside, one wonders how Dawkins who is always harping on about science, got to be a preacher man. As Umair Haque does here at Medium (cf. Experience and Belief — A New World Every Day). To me the question is an uninteresting one, the one Armstrong (Karen Armstrong) develops is so much more coherent — man will always (as Bertrand Russell points out) have beliefs — and it does not matter, or what I mean to say is it does matter, so Dawkins is wrong in that he thinks he can do away with religion, sorry wrong planet. Balance is what we need. Do not get me wrong, most of what he says is dead on. He is scientific, which is great. We must honour lost causes, I too believe in art and science, and we are all lost anyroad. But do we know how to peer into our dark closets of the past? The social sciences and humanism will get us there, in the end. That is why the Aztecs matter.

The secret to honesty revealed: it feels better (Adam)

“When we make decisions, a network of brain regions calculates how valuable our options are,” said Dr Molly Crockett, who led the research.

“Ill-gotten gains evoke weaker responses in this network, which may explain why most people would rather not profit from harming others. “Our results suggest the money just isn’t as appealing.”

Carbon intensity is falling in industrial, electric power sectors (jdargis)

Interestingly, the administration points out that the carbon intensity of the electric power sector using a million BTUs of fuel is now less than the carbon intensity of consuming a million BTUs of natural gas. “In other words, the combustion-weighted average of all fuels used to produce electricity in the United States (coal, natural gas, petroleum, nuclear, renewables) is now lower than the carbon intensity of natural gas.”

Canadian Oil Patch Shrugs Off Trumps Trade War Threat

On April 20, Calgary-based electricity provider TransAlta announced it would be phasing out eight coal-fired power centers and converting six of them to natural gas by 2023. The transition would cost around $CA300 million and cut emission between 30 and 40 percent per megawatt hour, but the principal reasons for the transition are economic and political. Alberta announced a mandatory phase-out of coal-fired power plants in 2015, mandating the existing plants would be shut down or transitioned by 2030. Coal has also become uncompetitive compared to natural gas and renewables, further encouraging the transition.

Monsanto accused in court of conducting an army of shills to crackdown on negative online comments (Yoxa)

The company are also accused of pressuring scientific publications to downplay the risks of their products. In an email chain used as evidence in court (acquired via Mass Tort Nexus), a company executive instructed his staff to ‘ghost write’ articles, planning to have independent scientists “just sign their names” to the study.

High Ground Is Becoming Hot Property as Sea Level Rises (Yoxa)

If there's anything more complicated than the global forces of thermal expansion, ice sheet melt and ocean circulation that contribute to worldwide sea-level rise, it might be the forces of real estate speculation and the race-based historical housing patterns that color present-day gentrification in Miami.

Gold & Silver

Click to read the PM Daily Market Commentary: 4/28/17

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

1 Comment

TechGuy's picture
TechGuy
Status: Gold Member (Offline)
Joined: Oct 13 2008
Posts: 453
Re:Carbon intensity is falling in industrial, electric power sec

The issue is that as power plants are switched over to NatGas, that we will burn through the remaining supply much quicker. NatGas is more important fuel than to generate electricity. I believe more than 70% of all homes and building use NatGas for heating. When the Shale Gas supply boom begins to decline, prices for NatGas will soar, but we consumers and business will be in a terrible situation when NatGas becomes prohibitively expensive.

I think the real reason why US emissions are falling is because the US outsource most of its energy-intensive production overseas. the US imports most of its cement, metals, and other products that need a lot of energy need. While US consumption has declined, worldwide energy consumption has increases (mostly in Asia) as production in the west was moved east. The shift has a doubling effect since Asia needed to improve its infrastructure to support production (more roads, factories, etc) to amplify global energy consumption. If the West simply maintained production, overall global energy consumption would have been considerable lower than it is today.

 

 

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