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Daily Digest 6/19 - The World Nears Peak Fossil Fuels for Electricity, The 21st Century Farm

Sunday, June 19, 2016, 12:01 PM

Economy

Venezuelans Ransack Stores as Hunger Grips the Nation (jdargis)

The event seared the memory of a future president, Hugo Chávez, who said the country’s inability to provide for its people, and the state’s repression of the uprising, were the reason Venezuela needed a socialist revolution. Now his successors find themselves in a similar bind — or maybe even worse.

Teen hacks Pentagon websites, gets thanked for finding 'bugs' (lambertad)

The Pentagon said the pilot project cost $150,000, including the reward money, and several follow up initiatives were planned. This included creating a process so others could report vulnerabilities without fear of prosecution.

Obama’s most unusual legacy? Being a good dad. (jdargis)

For Obama, one of the most welcome byproducts of gaining the highest office in the land at the age of 47 was that he could finally differentiate himself from his own absentee father, Barack Obama Sr., and become the child-centric parent he had always longed to be. This hands-on dad, who helped coach Sasha’s grammar school basketball team, puts a high premium on both connecting with and providing direction to his girls.

The World Nears Peak Fossil Fuels for Electricity (jdargis)

Already, in many regions, the lifetime cost of wind and solar is less than the cost of building new fossil fuel plants, and that trend will continue. But by 2027, something remarkable happens. At that point, building new wind farms and solar fields will often be cheaper than running the existing coal and gas generators. "This is a tipping point that results in rapid and widespread renewables development," according to BNEF.

Why This Time is Completely, Utterly, Totally Different...Like the Difference between a Hurricane and an Ice Age (Chris H.)

Outlined below are the groupings 2013 population (% of global total) vs. changing oil consumption. The OECD nations with 17% of global population consume 50% of the oil. China, Russia, Brazil combined are 24% of global population and consume 19% of the oil. India and Africa are 33% of the population and consume 8% of the oil. A growing India and Africa simply haven't the income, savings, access to or utilization of credit to allow their growth to offset the loss of the growth among the OECD, China, Russia, & Brazil.

It’s the first new U.S. nuclear reactor in decades. And climate change has made that a very big deal. (LesPhelps)

“It’s a big step forward for clean energy, and we really have to be pushing that as hard as we can for the sake of the climate – all sources of clean energy, which includes nuclear,” said MIT atmospheric scientist Kerry Emanuel.

How Climate Change Unleashed Humans Upon South America’s Megabeasts (jdargis)

Why did warming climates doom the megafauna? It’s not clear, but Cooper has some guesses. The rising temperatures brought summer droughts, variable rainfall, and other weather anomalies. They also fueled the rapid growth of forests, which broke up the open habitats that these large animals were used to.

Self-driving tractors and data science: we visit a modern farm (jdargis)

"The combine has load sensors in it that sense the volume of crop coming in, recording that as you go across the field," Rose said. That tells him how many bushels per acre each field is producing, data that gets fed into multi-year maps of each field that are color-coded to indicate different yields. "We take several years of data and make composite maps of a given field, then divide it into zones. You can manage those zones individually—taking soil samples to measure nutrient levels, and from there you know how much nutrients you need to apply in different areas," he told Ars.

Gold & Silver

Click to read the PM Daily Market Commentary: 6/17/16

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."

3 Comments

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1429
Re: It’s the first new U.S. nuclear reactor in decades

What happens if the dam is bombed?

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2768
Summer Solstice with Full Moon Tomorrow

Once In A Lifetime Astronomical Event – Summer Solstice Full Moon (Earthchild)

TechGuy's picture
TechGuy
Status: Gold Member (Offline)
Joined: Oct 13 2008
Posts: 367
Re: st new U.S. nuclear reactor in decades

Unfortunately its not really new. It was an older reactor  built in the 1980, that was never fully completed. They decided to complete it.

https://en.wikipedia.org/wiki/Watts_Bar_Nuclear_Generating_Station

"Unit 2 was 80% complete when construction on both units was stopped in the 1980s due in part to a projected decrease in power demand.[1] In 2007, the TVA Board approved completion of Unit 2 on August 1, and construction resumed on October 15.[2] The project was expected to cost $2.5 billion"

 

There is only two "new" reactors under construction in the USA, at the Vogtle plant in Georgia. They are building two additional reactors at the existing plant. Neither reactors will be ready until after 2020. Of course the US is shutting down about one reactor per year (average), so replacement is well below decomissioning. I doubt we will see any new reactors built after Vogtle becuase they cost too much and take about 15 years from initial proposals to the NRC until commercial operation. Fukashima has also closed the door on US population approval for new plants.

 

 

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