Hey Dutch friends,
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"Decentralised systems are harder to manipulate through supply chokepoints. Solar panels, once installed, generate energy locally. The vulnerability shifts from ongoing fuel imports to upfront manufacturing dependence.
Reducing oil dependence is often framed as climate policy. But it is also vital to energy security and national security."
The strikes on Iran show why quitting oil is more important than ever
Oil isn’t a normal commodity – it shapes politics around the world.
The Conversation (theconversation.com)
"The strait is a key shipping route. Not only does a fifth of the global seaborne oil pass through it, so does a fifth of worldwide LNG shipments and about a third of global trade in urea – the most widely used fertiliser.
European wholesale gas prices could triple to US$100 per megawatt hour were the strait to close entirely for three months, or operate at half capacity for six months."
What disrupting the strait of Hormuz could mean for global cost-of-living pressures
The narrow shipping route on Iran’s southern border carries one-fifth of global seaborne crude oil, one-fifth of LNG shipments and one-third of the most widely used fertiliser
the Guardian (www.theguardian.com)
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"The strait is a key shipping route. Not only does a fifth of the global seaborne oil pass through it, so does a fifth of worldwide LNG shipments and about a third of global trade in urea – the most widely used fertiliser.
European wholesale gas prices could triple to US$100 per megawatt hour were the strait to close entirely for three months, or operate at half capacity for six months."
What disrupting the strait of Hormuz could mean for global cost-of-living pressures
The narrow shipping route on Iran’s southern border carries one-fifth of global seaborne crude oil, one-fifth of LNG shipments and one-third of the most widely used fertiliser
the Guardian (www.theguardian.com)
The Strait of Hormuz is an energy chokepoint. A world running on renewable energy has far fewer such prominent chokepoints. Even with the same war scenario,
"Governments would be less exposed to sudden demands to subsidise fuels and an inflationary shock.
Energy security would become less about controlling distant shipping lanes, and more about building a distributed and resilient domestic electricity grid, more storage capacity and diversified supply chains."
How would the Iran crisis play out in a world powered by renewables not fossil fuels?
This conflict exposes the fragility of the global fossil fuel economy and how renewables create resilience.
The Conversation (theconversation.com)
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The Strait of Hormuz is an energy chokepoint. A world running on renewable energy has far fewer such prominent chokepoints. Even with the same war scenario,
"Governments would be less exposed to sudden demands to subsidise fuels and an inflationary shock.
Energy security would become less about controlling distant shipping lanes, and more about building a distributed and resilient domestic electricity grid, more storage capacity and diversified supply chains."
How would the Iran crisis play out in a world powered by renewables not fossil fuels?
This conflict exposes the fragility of the global fossil fuel economy and how renewables create resilience.
The Conversation (theconversation.com)
But what would all The Pimps of the Pumps do? All those fossil fools without their revenue? They couldn't poison enough people fast enough with microplastics and CO2 pollution if we get off of oil
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R relay@relay.infosec.exchange shared this topic
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The Strait of Hormuz is an energy chokepoint. A world running on renewable energy has far fewer such prominent chokepoints. Even with the same war scenario,
"Governments would be less exposed to sudden demands to subsidise fuels and an inflationary shock.
Energy security would become less about controlling distant shipping lanes, and more about building a distributed and resilient domestic electricity grid, more storage capacity and diversified supply chains."
How would the Iran crisis play out in a world powered by renewables not fossil fuels?
This conflict exposes the fragility of the global fossil fuel economy and how renewables create resilience.
The Conversation (theconversation.com)
"As the war in Iran sends global fuel prices soaring, the U.S. Dept. of Justice has released a legal opinion claiming that Trump has the authority to override California laws and regulations that have blocked a controversial offshore oil operation by invoking the Defense Production Act.
Sable’s proposal has generated intense resistance, particularly because it seeks to restart a pipeline that ruptured in 2015, causing one of the biggest oil spills in state history."
Gas prices soaring, Trump administration sets stage to OK controversial offshore oil plan
The Defense Production Act provides the president broad authorities to influence domestic industry in the interest of national defense or emergencies.
Los Angeles Times (www.latimes.com)
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"As the war in Iran sends global fuel prices soaring, the U.S. Dept. of Justice has released a legal opinion claiming that Trump has the authority to override California laws and regulations that have blocked a controversial offshore oil operation by invoking the Defense Production Act.
Sable’s proposal has generated intense resistance, particularly because it seeks to restart a pipeline that ruptured in 2015, causing one of the biggest oil spills in state history."
Gas prices soaring, Trump administration sets stage to OK controversial offshore oil plan
The Defense Production Act provides the president broad authorities to influence domestic industry in the interest of national defense or emergencies.
Los Angeles Times (www.latimes.com)
"Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz and a shortage of storage options."
Report: Saudi Aramco Shuts Down Two Supergiant Offshore Oil Fields
Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz an...
The Maritime Executive (maritime-executive.com)
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"Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz and a shortage of storage options."
Report: Saudi Aramco Shuts Down Two Supergiant Offshore Oil Fields
Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz an...
The Maritime Executive (maritime-executive.com)
Electricity prices are spiking in the UK because they are determined by gas prices, and those are spiking.
"By far the cheapest component of our energy supply is the electricity produced by renewables, principally wind and solar.
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation."
UK energy prices are soaring – and propagandists want to sell you a false reason why | George Monbiot
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation, says Guardian columnist George Monbiot
the Guardian (www.theguardian.com)
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Electricity prices are spiking in the UK because they are determined by gas prices, and those are spiking.
"By far the cheapest component of our energy supply is the electricity produced by renewables, principally wind and solar.
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation."
UK energy prices are soaring – and propagandists want to sell you a false reason why | George Monbiot
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation, says Guardian columnist George Monbiot
the Guardian (www.theguardian.com)
@CelloMomOnCars UK generation just now.
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R relay@relay.infosec.exchange shared this topicR relay@relay.mycrowd.ca shared this topic
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@CelloMomOnCars UK generation just now.
COOL!
But it's that small blue bar that determines the price for all of it.
Difficult to think of a more insane scheme to set electricity rates, if you ask me.
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@CelloMomOnCars UK generation just now.
@TimWardCam @CelloMomOnCars Was that chart designed to look like a finger up to the UK consumer?
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COOL!
But it's that small blue bar that determines the price for all of it.
Difficult to think of a more insane scheme to set electricity rates, if you ask me.
@CelloMomOnCars @TimWardCam The fact that the bid price from the gas generators sets the wholesale price is ridiculous but if you let the far cheaper renewables set the price the gas generators would go bust.
Sounds like the solution is more renewables, storage, grid capacity and lets price gas and oil out of existence. But what do I know.
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Electricity prices are spiking in the UK because they are determined by gas prices, and those are spiking.
"By far the cheapest component of our energy supply is the electricity produced by renewables, principally wind and solar.
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation."
UK energy prices are soaring – and propagandists want to sell you a false reason why | George Monbiot
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation, says Guardian columnist George Monbiot
the Guardian (www.theguardian.com)
"The effective closure of the strait [stops] 20 million barrels per day (mmb/d) from global oil supply, or about 20 % of global petroleum liquids consumption. To put that in perspective, the Arab Oil Embargo of the 1970s removed 4 mmb/d from the global oil market, or just 7 % of consumption at that time.
Member states of the International Energy Agency (IEA) agreed this week to release 400 mmb of oil reserves."
That's 20 days of Strait of Hormuz throughput.
Iran, the Strait of Hormuz, and an Unprecedented Energy Crunch | Council on Foreign Relations
CFR President Michael Froman discusses the unfolding global energy crisis with CFR’s Dan Poneman and the Center on Global Energy Policy’s Jason Bordoff, all of whom worked together on the U.S. Strategic Petroleum Reserve 2011 release.
(www.cfr.org)
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"The effective closure of the strait [stops] 20 million barrels per day (mmb/d) from global oil supply, or about 20 % of global petroleum liquids consumption. To put that in perspective, the Arab Oil Embargo of the 1970s removed 4 mmb/d from the global oil market, or just 7 % of consumption at that time.
Member states of the International Energy Agency (IEA) agreed this week to release 400 mmb of oil reserves."
That's 20 days of Strait of Hormuz throughput.
Iran, the Strait of Hormuz, and an Unprecedented Energy Crunch | Council on Foreign Relations
CFR President Michael Froman discusses the unfolding global energy crisis with CFR’s Dan Poneman and the Center on Global Energy Policy’s Jason Bordoff, all of whom worked together on the U.S. Strategic Petroleum Reserve 2011 release.
(www.cfr.org)
@CelloMomOnCars It's nearer 15% once you factor in oil that can be diverted by pipelines but is cheaper to ship by tanker. It's then a bit less because Chinese ships are permitted to pass as are Russian ones (at least until they seriously mine it versus using missiles).
In the other direction though the Houthis are threatening the routes via Suez.
More of a problem is food into the middle east.
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"The effective closure of the strait [stops] 20 million barrels per day (mmb/d) from global oil supply, or about 20 % of global petroleum liquids consumption. To put that in perspective, the Arab Oil Embargo of the 1970s removed 4 mmb/d from the global oil market, or just 7 % of consumption at that time.
Member states of the International Energy Agency (IEA) agreed this week to release 400 mmb of oil reserves."
That's 20 days of Strait of Hormuz throughput.
Iran, the Strait of Hormuz, and an Unprecedented Energy Crunch | Council on Foreign Relations
CFR President Michael Froman discusses the unfolding global energy crisis with CFR’s Dan Poneman and the Center on Global Energy Policy’s Jason Bordoff, all of whom worked together on the U.S. Strategic Petroleum Reserve 2011 release.
(www.cfr.org)
Paul Krugman says that American drivers will feel the pain most, as they drive the least efficient fossil fueled cars - mostly SUVs -and there are relatively few EVs in the country.
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Paul Krugman says that American drivers will feel the pain most, as they drive the least efficient fossil fueled cars - mostly SUVs -and there are relatively few EVs in the country.
- YouTube
Auf YouTube findest du die angesagtesten Videos und Tracks. Außerdem kannst du eigene Inhalte hochladen und mit Freunden oder gleich der ganzen Welt teilen.
(www.youtube.com)
@CelloMomOnCars Good. Chickens coming home to shit all over their monstrous, resource-wasting, ecosystem-destroying penis substitutes.
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@CelloMomOnCars It's nearer 15% once you factor in oil that can be diverted by pipelines but is cheaper to ship by tanker. It's then a bit less because Chinese ships are permitted to pass as are Russian ones (at least until they seriously mine it versus using missiles).
In the other direction though the Houthis are threatening the routes via Suez.
More of a problem is food into the middle east.
There is also the matter of agricultural fertiliser, a fossil fuel product.
Also helium, much used in semiconductor manufacturing.The price of food and electronic thingys about to rise.
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Paul Krugman says that American drivers will feel the pain most, as they drive the least efficient fossil fueled cars - mostly SUVs -and there are relatively few EVs in the country.
- YouTube
Auf YouTube findest du die angesagtesten Videos und Tracks. Außerdem kannst du eigene Inhalte hochladen und mit Freunden oder gleich der ganzen Welt teilen.
(www.youtube.com)
HALF of the production of urea, the world's most used fertiliser, made from fossil gas, has been disrupted.
The global food shock could be larger than that brought on by the war in Ukraine.
Translation: Food prices will rise.
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Electricity prices are spiking in the UK because they are determined by gas prices, and those are spiking.
"By far the cheapest component of our energy supply is the electricity produced by renewables, principally wind and solar.
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation."
UK energy prices are soaring – and propagandists want to sell you a false reason why | George Monbiot
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation, says Guardian columnist George Monbiot
the Guardian (www.theguardian.com)
@CelloMomOnCars Greenpeace have a plan to bring down electricity prices by decoupling them from gas prices: https://www.greenpeace.org.uk/resources/power-shift-report/
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HALF of the production of urea, the world's most used fertiliser, made from fossil gas, has been disrupted.
The global food shock could be larger than that brought on by the war in Ukraine.
Translation: Food prices will rise.
I wonder if this could force a scramble for alternatives. (Trying to look for an upside.)
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@CelloMomOnCars @TimWardCam The fact that the bid price from the gas generators sets the wholesale price is ridiculous but if you let the far cheaper renewables set the price the gas generators would go bust.
Sounds like the solution is more renewables, storage, grid capacity and lets price gas and oil out of existence. But what do I know.
While there still are fossil fuel plants on the grid, every wind, solar and especially battery installation has excellent return on investment. That's why it makes sense to set the price on margin - to incentivize clean build-out.
@rbphotographic @CelloMomOnCars @TimWardCam -
I wonder if this could force a scramble for alternatives. (Trying to look for an upside.)
A scramble is certainly happening in the energy space, everything from "let's build nuclear" to "let's go back to work from home".
Non-fossil-fueled agriculture is there waiting to be deployed, from traditional methods optimised to the local conditions to newer ideas like permaculture. In the short term, yields will still be down.
