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CIRCLE WITH A DOT

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  3. Hey Dutch friends,

Hey Dutch friends,

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  • cellomomoncars@mastodon.socialC This user is from outside of this forum
    cellomomoncars@mastodon.socialC This user is from outside of this forum
    cellomomoncars@mastodon.social
    wrote last edited by
    #1

    Hey Dutch friends,

    "Goldman Sachs said a month-long halt to shipping through the Strait of Hormuz could cause European gas prices to more than double."

    Better get on with the verduurzaming.
    It's expensive, yes.
    But in the long run you're better off not dealing with these unexpected spikes in heating costs.

    Just a moment...

    favicon

    (www.investing.com)

    cellomomoncars@mastodon.socialC bovaz@misskey.socialB 2 Replies Last reply
    0
    • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

      Hey Dutch friends,

      "Goldman Sachs said a month-long halt to shipping through the Strait of Hormuz could cause European gas prices to more than double."

      Better get on with the verduurzaming.
      It's expensive, yes.
      But in the long run you're better off not dealing with these unexpected spikes in heating costs.

      Just a moment...

      favicon

      (www.investing.com)

      cellomomoncars@mastodon.socialC This user is from outside of this forum
      cellomomoncars@mastodon.socialC This user is from outside of this forum
      cellomomoncars@mastodon.social
      wrote last edited by
      #2

      "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."

      Link Preview Image
      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.

      favicon

      The Conversation (theconversation.com)

      timwardcam@c.imT cellomomoncars@mastodon.socialC 2 Replies Last reply
      0
      • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

        Hey Dutch friends,

        "Goldman Sachs said a month-long halt to shipping through the Strait of Hormuz could cause European gas prices to more than double."

        Better get on with the verduurzaming.
        It's expensive, yes.
        But in the long run you're better off not dealing with these unexpected spikes in heating costs.

        Just a moment...

        favicon

        (www.investing.com)

        bovaz@misskey.socialB This user is from outside of this forum
        bovaz@misskey.socialB This user is from outside of this forum
        bovaz@misskey.social
        wrote last edited by
        #3
        @CelloMomOnCars@mastodon.social luckily the european automotive industry has decided to renew and strengthen its focus on internal combustion engines, so there's absolutely no doubt we'll all be screwed by this.
        #mannaggia
        cellomomoncars@mastodon.socialC 1 Reply Last reply
        0
        • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

          "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."

          Link Preview Image
          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.

          favicon

          The Conversation (theconversation.com)

          timwardcam@c.imT This user is from outside of this forum
          timwardcam@c.imT This user is from outside of this forum
          timwardcam@c.im
          wrote last edited by
          #4

          @CelloMomOnCars "Solar panels, once installed, generate energy locally."

          True, but the overall system quite likely can be controlled over the internet, and who knows what the average non-techie punter could do about that.

          cellomomoncars@mastodon.socialC 1 Reply Last reply
          0
          • bovaz@misskey.socialB bovaz@misskey.social
            @CelloMomOnCars@mastodon.social luckily the european automotive industry has decided to renew and strengthen its focus on internal combustion engines, so there's absolutely no doubt we'll all be screwed by this.
            #mannaggia
            cellomomoncars@mastodon.socialC This user is from outside of this forum
            cellomomoncars@mastodon.socialC This user is from outside of this forum
            cellomomoncars@mastodon.social
            wrote last edited by
            #5

            @bovaz

            This is a peculiar flavour of denial on the part of German car manufacturers. Chinese e-cars are already making in-roads.

            1 Reply Last reply
            0
            • timwardcam@c.imT timwardcam@c.im

              @CelloMomOnCars "Solar panels, once installed, generate energy locally."

              True, but the overall system quite likely can be controlled over the internet, and who knows what the average non-techie punter could do about that.

              cellomomoncars@mastodon.socialC This user is from outside of this forum
              cellomomoncars@mastodon.socialC This user is from outside of this forum
              cellomomoncars@mastodon.social
              wrote last edited by
              #6

              @TimWardCam

              True. But also, honestly, the current grid is vulnerable to cyberattacks. I hear some of the crucial parts still have factory-set passwords, and they are not managed by non-techies.

              1 Reply Last reply
              0
              • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                "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."

                Link Preview Image
                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.

                favicon

                The Conversation (theconversation.com)

                cellomomoncars@mastodon.socialC This user is from outside of this forum
                cellomomoncars@mastodon.socialC This user is from outside of this forum
                cellomomoncars@mastodon.social
                wrote last edited by
                #7

                "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."

                Link Preview Image
                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

                favicon

                the Guardian (www.theguardian.com)

                cellomomoncars@mastodon.socialC 1 Reply Last reply
                0
                • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                  "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."

                  Link Preview Image
                  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

                  favicon

                  the Guardian (www.theguardian.com)

                  cellomomoncars@mastodon.socialC This user is from outside of this forum
                  cellomomoncars@mastodon.socialC This user is from outside of this forum
                  cellomomoncars@mastodon.social
                  wrote last edited by
                  #8

                  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."

                  Link Preview Image
                  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.

                  favicon

                  The Conversation (theconversation.com)

                  nanowiz@vmst.ioN cellomomoncars@mastodon.socialC 2 Replies Last reply
                  1
                  0
                  • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                    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."

                    Link Preview Image
                    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.

                    favicon

                    The Conversation (theconversation.com)

                    nanowiz@vmst.ioN This user is from outside of this forum
                    nanowiz@vmst.ioN This user is from outside of this forum
                    nanowiz@vmst.io
                    wrote last edited by
                    #9

                    @CelloMomOnCars

                    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

                    1 Reply Last reply
                    1
                    0
                    • R relay@relay.infosec.exchange shared this topic
                    • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                      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."

                      Link Preview Image
                      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.

                      favicon

                      The Conversation (theconversation.com)

                      cellomomoncars@mastodon.socialC This user is from outside of this forum
                      cellomomoncars@mastodon.socialC This user is from outside of this forum
                      cellomomoncars@mastodon.social
                      wrote last edited by
                      #10

                      "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."

                      Link Preview Image
                      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.

                      favicon

                      Los Angeles Times (www.latimes.com)

                      cellomomoncars@mastodon.socialC 1 Reply Last reply
                      0
                      • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                        "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."

                        Link Preview Image
                        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.

                        favicon

                        Los Angeles Times (www.latimes.com)

                        cellomomoncars@mastodon.socialC This user is from outside of this forum
                        cellomomoncars@mastodon.socialC This user is from outside of this forum
                        cellomomoncars@mastodon.social
                        wrote last edited by
                        #11

                        "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."

                        Link Preview Image
                        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...

                        favicon

                        The Maritime Executive (maritime-executive.com)

                        cellomomoncars@mastodon.socialC 1 Reply Last reply
                        0
                        • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                          "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."

                          Link Preview Image
                          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...

                          favicon

                          The Maritime Executive (maritime-executive.com)

                          cellomomoncars@mastodon.socialC This user is from outside of this forum
                          cellomomoncars@mastodon.socialC This user is from outside of this forum
                          cellomomoncars@mastodon.social
                          wrote last edited by
                          #12

                          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."

                          Link Preview Image
                          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

                          favicon

                          the Guardian (www.theguardian.com)

                          timwardcam@c.imT cellomomoncars@mastodon.socialC jonpsp@mstdn.socialJ 3 Replies Last reply
                          2
                          0
                          • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                            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."

                            Link Preview Image
                            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

                            favicon

                            the Guardian (www.theguardian.com)

                            timwardcam@c.imT This user is from outside of this forum
                            timwardcam@c.imT This user is from outside of this forum
                            timwardcam@c.im
                            wrote last edited by
                            #13

                            @CelloMomOnCars UK generation just now.

                            Link Preview Image
                            cellomomoncars@mastodon.socialC khleedril@cyberplace.socialK 2 Replies Last reply
                            0
                            • R relay@relay.infosec.exchange shared this topic
                              R relay@relay.mycrowd.ca shared this topic
                            • timwardcam@c.imT timwardcam@c.im

                              @CelloMomOnCars UK generation just now.

                              Link Preview Image
                              cellomomoncars@mastodon.socialC This user is from outside of this forum
                              cellomomoncars@mastodon.socialC This user is from outside of this forum
                              cellomomoncars@mastodon.social
                              wrote last edited by
                              #14

                              @TimWardCam

                              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.

                              rbphotographic@mastodon.worldR 1 Reply Last reply
                              0
                              • timwardcam@c.imT timwardcam@c.im

                                @CelloMomOnCars UK generation just now.

                                Link Preview Image
                                khleedril@cyberplace.socialK This user is from outside of this forum
                                khleedril@cyberplace.socialK This user is from outside of this forum
                                khleedril@cyberplace.social
                                wrote last edited by
                                #15

                                @TimWardCam @CelloMomOnCars Was that chart designed to look like a finger up to the UK consumer?

                                1 Reply Last reply
                                0
                                • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                                  @TimWardCam

                                  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.

                                  rbphotographic@mastodon.worldR This user is from outside of this forum
                                  rbphotographic@mastodon.worldR This user is from outside of this forum
                                  rbphotographic@mastodon.world
                                  wrote last edited by
                                  #16

                                  @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.

                                  osma@mas.toO 1 Reply Last reply
                                  0
                                  • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                                    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."

                                    Link Preview Image
                                    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

                                    favicon

                                    the Guardian (www.theguardian.com)

                                    cellomomoncars@mastodon.socialC This user is from outside of this forum
                                    cellomomoncars@mastodon.socialC This user is from outside of this forum
                                    cellomomoncars@mastodon.social
                                    wrote last edited by
                                    #17

                                    "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.

                                    Link Preview Image
                                    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.

                                    favicon

                                    (www.cfr.org)

                                    etchedpixels@mastodon.socialE cellomomoncars@mastodon.socialC 2 Replies Last reply
                                    0
                                    • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                                      "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.

                                      Link Preview Image
                                      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.

                                      favicon

                                      (www.cfr.org)

                                      etchedpixels@mastodon.socialE This user is from outside of this forum
                                      etchedpixels@mastodon.socialE This user is from outside of this forum
                                      etchedpixels@mastodon.social
                                      wrote last edited by
                                      #18

                                      @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.

                                      cellomomoncars@mastodon.socialC 1 Reply Last reply
                                      0
                                      • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                                        "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.

                                        Link Preview Image
                                        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.

                                        favicon

                                        (www.cfr.org)

                                        cellomomoncars@mastodon.socialC This user is from outside of this forum
                                        cellomomoncars@mastodon.socialC This user is from outside of this forum
                                        cellomomoncars@mastodon.social
                                        wrote last edited by
                                        #19

                                        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.

                                        favicon

                                        (www.youtube.com)

                                        brad@1040ste.netB cellomomoncars@mastodon.socialC 2 Replies Last reply
                                        0
                                        • cellomomoncars@mastodon.socialC cellomomoncars@mastodon.social

                                          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.

                                          favicon

                                          (www.youtube.com)

                                          brad@1040ste.netB This user is from outside of this forum
                                          brad@1040ste.netB This user is from outside of this forum
                                          brad@1040ste.net
                                          wrote last edited by
                                          #20

                                          @CelloMomOnCars Good. Chickens coming home to shit all over their monstrous, resource-wasting, ecosystem-destroying penis substitutes.

                                          1 Reply Last reply
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