Independent thinking for complex markets and current events
China makes 80% of the world’s industrial robots and has the highest density of them in the world. If the west does not change soon, China’s 24/7 dark factories will allow them to have a monopoly on global manufacturing because of how cheaply quickly and voluminously they can make things. This quote hits hard: “I …
FINLAND JUST TURNED SAND INTO A GIANT BATTERY Forget lithium – Finland’s new battery is a 13-meter tower filled with 2,000 tons of sand. It gulps down excess wind and solar energy, cranks the sand to 600°C, and holds that heat for months like it’s hoarding summer. Cheap, low-tech, and built to last – this …
BP (NYSE:BP) is making a hard pivot back to fossil fuels, ditching its ambitious renewable energy targets in a bid to regain investor confidence. At its investor day in London, CEO Murray Auchincloss is expected to scrap BP’s plan to boost renewable capacity 20-fold by 2030, shifting focus toward oil and gas. The company is …
🚨🇩🇪EUROPE’S LARGEST TELECOM TO PILOT BITCOIN MINING WITH SURPLUS RENEWABLE ENERGY Deutsche Telekom’s subsidiary MMS, in partnership with Bankhaus Metzler, has launched a pilot project in Germany to use surplus renewable energy for Bitcoin mining. The initiative aims to… pic.twitter.com/j2nxpTk43I — Mario Nawfal (@MarioNawfal) November 4, 2024 BITCOIN MINERS TURN TO AI AS COSTS OF …
Global investors are retreating from renewable energy sector funds this year, driven by concerns over growth prospects and policy uncertainties, especially in the U.S. election year, according to fund data. Renewable energy funds see outflows on concerns over growth, policies Global investors are increasingly moving away from the renewable energy sector funds this year due …
A billionaire CEO whose family made its fortune from coal mining is building the world’s largest renewable energy plant that will be visible from space when complete, according to a report. Sagar Adani of Adani Green Energy Limited (AGEL) plans to transform 200 square miles of empty and barren salt deserts in India into a …
In Nebraska, over 14,000 solar panels were destroyed by hail and sent to a landfill because recycling them was considered too expensive. The image of a wind turbine graveyard in Texas highlights the environmental impact of renewable energy, as by 2030, an estimated 52,000 tonnes of blade waste will need disposal, potentially causing groundwater contamination. …
Hawaiian Electric focused obsessively on renewable energy while only spending $245,000 on wildfire safety Hawaiian Electric knew about the threat of wildfires but waited for years to act They focused energy on renewables – only investing $245,000 on wildfire safety The company said it would investigate any role its infrastructure may have played in the …
FARMERS – Melbourne. Farmers and supporters protest outside Parliament. New regulations take land from them for renewable energy transmission lines. They can’t farm near these lines. Land value is expected to drop by 50% because of it. https://twitter.com/BernieSpofforth/status/1691743813599912345 Melbourne… farmers have stormed parliament, furious the government is planning a 400km renewable link through prime farmland …
Snopes dealt with the question of whether windmill blades were buried in a landfill in Casper, Wyoming. Snopes said, “It is true that there is a landfill in Casper, Wyoming, that does accept decommissioned and damaged wind turbine blades and motors, both of which are not recyclable. However, it is important to highlight that up …
Australian government whistleblower blows the lid off the renewable energy scam. "[Wind turbines need] coal fired power in order to turn… So there's absolutely nothing about them that works, apart from reaming [$600,000 – $900,000, per turbine] out of the Australian economy,… pic.twitter.com/OnUNnPRKxc — Wide Awake Media (@wideawake_media) July 26, 2023