A Cold Old World (European Energy Crisis)
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- Опубликовано: 13 сен 2024
- Doomberg, author of the leading Substack newsletter on energy, finance, and the economy at-large, has written extensively on the current energy crisis devastating Europe. We discuss a recent Twitter Spaces debate in which Doomberg argued that the energy crisis is "analogous to the global financial crisis" of 2008; the roots of the crisis; the ways in which Green ideology has doomed Germany to backward progress on climate and economic goals; what hope Europe has to get back on track; and much more.
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Germany is the Example of why a country should never let "Greens" near the levers of power/policy.
Germany is facing economic doom.
Unfortunately green has come to mean anti human instead of meeting our needs while minimizing environmental impact.
What reality do you live in? You are equating modernity with humanity, instead of nature. The economy is the problem, it is literally causing ‘the end of the world’ - where is the humanity in that?
@@dodieuwallaceb3263 "Has come to"? So it wasn't anti-human in Paul Ehrlich's day?
@@dodieuwallaceb3263 You may say that "green has come to mean anti human instead of meeting our needs while minimizing environmental impact"...but, that's nonsense. Unfortunately, the vast majority of the population doesn't know what the net effect these green policies will have on their lives. They have no idea that if all green policies come to pass, it would be genocide!
Dr Keefer + Doomberg makes a great combo! It feels like the episode could last twice as long without feeling diluted
Agreed, I was disappointed when it started to end, definitely left wanting for more! Earned my like and subscribe.
OMG - what an incredible combination and powerful episode !
Gotta up vote even though I already listened to the podcast!
We have been check-mated by our own blind/hypocritical pursuit of our “Western values”….. little did we realize that sometimes if you tell a lie long enough, you come to believe it is a truth…. We have been demonizing/punishing poor countries for their inability to promote our values without realizing the costs incurred for such values are too high. Today we have an EU plutocracy that is out of touch with European needs and remain fixated in their pursuits of these bourgeois ideals while the poor cannot afford. Men/women raised in the shade who do not know the suffering of the less fortunate. The luxury which the West acquired at the expense of the rest of the world had been used to oppress them further….Morality/Democracy/Capitalism Green Energy are being put to the test when Scarcity prevails! I appreciate this sober/intelligent analysis.
Persuasive and bracing arguments on how deep is the hole still being dug in Germany.
Deep - and they're still digging.
Regarding the competence of the German politicians, Einstein had a position on stupidity: The difference between stupidity and genius is that genius has its limits.
I am a new sub.
So I new to both of these gentlemen and it was worth my time to discover this interview.
What a nice discussion! Very insightful.
I encourage everyone to follow Doomberg. The Thought Leader of Our Time.
In Australia a lot of coal and gas export companies are overseas owned.
They would still make huge earnings if a war profits windfall tax, based on an abnormal unexpected situation, was applied to repair budgets thrown out of whack by covid.
Great stuff. I'll be able to explain how we got here at the Communal Sleep Heat Centre next month.
Please check and report on the World Economic Forum, they're the ones orchestrating all this..
Thanks for the talk, it was a joy to listen to
Hi, Great interview, valuable discussions. I have engaged recently in comments sections in Deutshe Welle RUclips channels on videos about the topic of current energy crisis and I've tried to remind that 3NPPs are still easy to be saved and 3other NPPs were closed last December and are likely safe-able. Quite frequent response is that this is just "tiny" fraction of power required (4GW still there, 4GW potentially to be restarted) and that most of the NatGas is used for heating and industry not electricity. It looks like people in Germany are happy to defend the use of residential NatGas for heating, cooking, warm water as if use of electricity (with heat pumps especially) for it is not superior and safer. 8GW of reliable electricity would have to be, on average, replaced with some 50GW of solar (15ish%capacity factor) or 26GW of wind (with generous 30%capacity assumption). Obviously this kind of new capacity has not been build last year or years and will be replaced with more coal to burn. Rarely there is any answer.
In the United States and Canada there are companies investing time and money into obtaining licenses from nuclear regulation agencies to construct new design reactors. We’re at an energy emergency and we need to start building more reactors ASAP. Any company currently in the regulatory pipeline should get a conditional emergency construction permit so that they can start prototyping their designs. The national laboratories and military bases should be utilized fully to assist in the development of these new design machines. Incentives must be crafted to allow the construction of more AP 1000 type machines and can do six machines or follow on improvements. I’ve got more to say on the subject but I’m gonna let this go out now.
Look up SMALL NUCLEAR REACTORS...
It's pretty clear, most EU Countries & the UK now source most of their LNG from the US. While the increased cost of US LNG vs Natural Gas supplied by pipeline from Russia, may cause some increases in energy costs in Europe it's not a catastrope. Other supplies of energy will be found long term. The positive it may have is it will certainly hasten the Renewable Energy transition in Europe...
The German ship "Otto Hahn" was nuclear powered.
Excellent. Thank you both.
Need a follow up talk about the coming 2023 / 2024 European winter
Jazuz Fook, I though that this might be of interest, until I heard of ThickLizzy being hailed as "living in the real world."
Lots of people went to the Australian colonies, as they did all around the world, to escape the kind of obdurate ignorance that pushed colonialism in the first place, and so it continues wherever we go because that's how it is.
"With our thoughts, we make the world", it's temporal substantiation and we need to know what, how and why inside-outside holographic positioning presence IS. (Pretty soon too)
@4:00 YES!!! That is exactly where we are.
Great contents
wir doooooooooooooooooooooooooooooooooooomd doooooooooooooooooooooooooooomd i say
Got bowed up hearing Matt Taibbi’s name. But truly appalled hearing doomcluck disparage Zelenskyy. Oh well, still a great show.
Europa is better then ever,we have everything what we need and much more!
Steamboat with sails. Can some of the waste heat from a (conventional) pressurized water nuclear reactor be used to convert coal and or petroleum coke to refined liquid fuels or hydrogen? Or is there, not enough heat energy.
The reason why nuclear is not a favoured option is very simple. A single nuclear power plant is vulnerable to various forms of attack, and if critically damaged, would render a geographical area very difficult to survive in.
How can I find that debate between doomberg and Marko Papic ?
"Germany is a free country and can govern themselves as they please" - you can't be serious Doomy?
US late 1940s : Yes, we won the election in Italy. US made americans with italian relatives write letters, telling their relatives why they har to vote for a spesific party. Today, US has a far more powerful tool : almost endless amount of money + Internett.
@@ellengran6814 in my mine, NATO/USA simply picked up where the third reich left off - Russia is having to finish the job the CCCP should have completed 77 years ago..
🇺🇦🇺🇦🇺🇦🇺🇸🇺🇸🇺🇸✨
dont panic dont panic mr mangering dont panic
So Europe needs to buy energy in it's own currency. Uncle Sam put a stop to that when Iraq started selling oil in euros.
In Belgium owners of homes with solar panels will now pay 33% taxes on overproduction to put backbon the grid🤦
Do you have a link. I have family there.
most europeans expect to get help from the government if something bad happens and they focus most on their next holliday travel where they can get cheap wine and laid at the beach. It is first now that the prices have started to hammer up it gets some attention. No europeans invest in stocks either so the hav no dividens to support a bit.
So do the Australians, Canadians and Libtard Americans. In fact it's mostly the West that expects governments to solve their problems, while the rest of the world is so disjointed that the citizens just do whatever they can without any help. Ironically it's In those countries that you have the most freedom.
the reason i joke and laugh about this terrible situation is the alternative is to be depressed unhappy and cry who wants to do that
Doomberg = Michael Malice? 🤔
Aint gonna watch a green chicken.
Wish my brain was a smigen the size of Doombergs.
Money changers ..
this argument of “printing fiat to meet energy needs” is a case in point for why Team Doomberg needs to drop their endorsement of Gromen. GRC status is one thing, but UK and Europe (/Germany) are not in the same position - and regardless, the ultimate devaluation of a currency will only be reflected in higher prices asked for said commodities in said local currency. It’s a nonsense argument.
What about "Schadenfreude"?
He's Green !!! 🙃 Mel Brooks could make it work .. more Coal ( more emissions ) less Nuclear ( less emissions ) 😂 Doomberg how about running for PM in Australia ... thanks
Government didn't put carbon in the atmosphere, the market did.
Military
Correction, we produced energy we needed during Trump for the first time. Now we import 20%.
Europe is in for a world of hurt.
Cool
01:18 Anyone got a link to those videos (Masterclass)?
You can find all of Mark Nelson appearances by going to www.decouplemedia.org/podcast and searching his name! :)
I wonder if anyone is thinking of leaving Europe?
Fuck really you bring Doomberg and Dr. Keefer into my life and expect me not to love it??? Shit there goes my productivity.
Enjoyed the podcast minus the part where Conservatives who are going to bail us out of this mess are supposedly xenophobes.
and this guy still believes in "climate change"... and Putin is "evil"... they say some interesting things but in many way they buy a lot of the B.S. from the mainstream narrative
Germany will survive the winter… Germany will survive Stalingrad as well!
Hard times after scores of people telling you what you want to hear. The kid show is over, its roots n core or nut house!
As always I will be dreaming of a WHITE christmas❄️
hopefully warm
Are you unaware of other non fossil fuel or nuclear base-load technologies/systems?
We currently meet over 80% of our energy needs with hydrocarbons, in order to significantly reduce this we need other methods in place that are equally effective.
All energy sources have tradeoffs. For instance;
Hydrocarbons are dense, reliable, transportable and stable, we can store them where we want until use. They are also dirty and we should reduce dependence on them for fuel as much as possible.
Solar & wind power are dilute and unreliable. They are far too resource intensive and chaotic to be capable of doing the heavy lifting of meeting our energy needs.
Hydro & geothermal aren't available everywhere , and hydro has significant local environmental impact. I’m hopeful that deep bore geothermal will someday prove to be practical, if so this clean, dense, reliable method should be far more available than it is now.
Nuclear power rises to the top when you compare it against the alternatives. It’s dense, reliable, clean, and available. The evidence all demonstrates that historically, nuclear power has been the fastest way to decarbonize, requires the least amount of raw materials and land, and results in the fewer deaths per unit of power produced.
@@dodieuwallaceb3263 Well said. And some of the new nuclear designs that employ molten salt coolants, promise to be ultra safe.
@@winniewotsit4452
It’s weird how we set ourselves on fire over NP risk when no alternative is lower risk already.
Hydroelectric, that's about it, compellingly good but environmentally iffy.
Another triumph
The conflation of electricity and energy is made on Decouple every episode. Decouple is pro-nuclear but only gen. 2-3 PWRs which only make electricity (20% of total energy). Decouple is anti-gen IV nuclear which makes high-grade industrial heat applicable to 100% of all energy needs, not just electricity.
Terrestrial Energy will have its first gen. IV power plant on line in Canada by 2028, that is sooner than any PWR will be built there. Yet you completely discount this far superior technology.
Everything about MSRs is superior to PWRs, even schedule in many cases. Figure it out Decouple.
I like MSRs and I particularly like Terrestrial Energy's IMSR design and think it can be effective. That said I don't think there's any world where we realistically see it online by 2028, I think that path was with them winning the Pickering replacement bid and unfortunately they didn't, I don't think it's going to happen on that timeline as a result.
All told I think pushing for either an all traditional or all Gen IV approach kinda misses the point of the huge scale this is all happening at and how much common problems plague all nuclear designs, old new or whatever. Generally speaking the west has become very bad and out of practice at building large infrastructure of all sorts with some possible exceptions around transportation. Site C isn't exactly winning records for being cheap and quickly built, neither are some of these major transmission projects. The same learning to gather talent and resources and building of institutional knowledge of how to do industrial planning will benefit the oldest CANDU and the newest ISMR and taking some of those external risks out of the project may make experimenting and working on designs far easier then they are currently as 12 billion + bets.
@@AmurTiger I'm only going by what their website says. “We are making consistent progress with engineering, procurement and regulatory programs, all needed for the first Canadian deployment of an IMSR® power plant as early as 2028,” said Simon Irish, CEO of Terrestrial Energy. “ My point is that all of these technologies take a long time to get moving so that is no excuse to not promote advanced nuclear. Decouple downplays advanced nuclear every chance it gets. They often mock proponents as well. This makes no sense to me.
Okay we need fossil fuels, but how do you address climate change?
Are the climate change models reliably accurate or is it a politically motivated problem-reaction-solution?
All the green speak only means one thing - _you_ will change _your_ life to the worse.
People don't want "net zero carbon future" The reason is simple, we die!
Those who advocate for it are literally idiots, seemingly incompetent on the topic. Or hidden agenda?
Nuclear power
@@dodieuwallaceb3263 How do you propose that we build nuclear plants fast enough.
@@mhirasuna Remove the unreasonable regulations that is making it take much longer and cost much more than it should.
@@thomasseptimius How far do we need to go? Would you still require geological disposal of nuclear waste? Would you require an airtight containment dome that withstands airplane crashes?
Sounds similar to the cult of trump