lntl

Swedish developer Eolus Vind has announced plans to develop an offshore wind farm in Sweden’s Gulf of Bothnia with a capacity of up to 1.7GW.

A growth rate of 3.5% per year corresponds to a 20yr doubling time.

One study suggested that the reactors could produce more nuclear waste than current systems and that they "will use highly corrosive and pyrophoric fuels and coolants that, following irradiation, will become highly radioactive."

Chevron’s ambitious plans reflect its optimistic outlook on the industry and its confidence in the future of oil and natural gas. The $14 billion investment will be focused on various projects worldwide, including exploration, drilling, and infrastructure development. These projects will contribute to Chevron’s overall production capacity and help it secure its position as a leading player in the energy sector.

Chevron seems to believe oil and gas will continue to be profitable despite others' investing in renewables.

The company plans to add seven trains a week on the coal line by mid-December, from 21 a week. Another seven would be added by March, bringing the total to 35 a week.

Transnet is struggling to haul bulk commodities to ports due to a shortage of locomotives and spares, as well as cable theft and vandalism to infrastructure.

This is costing mineral exporters billions of rand in potential export revenues and mining groups have resorted to trucking coal to Richards Bay Coal Terminal (RBCT) for shipments to markets including Asia.

South Africa is a mess!

The Shidao Bay plant in eastern Shandong province is powered by two high-temperature reactors cooled by gas rather than pressurised water, according to state news agency Xinhua

Think of how many renewables they could have made for all the monies wasted on this.

The scientists used lasers to fuse two light atoms into a single one, releasing 3.15MJ (megajoules) of energy from 2.05MJ of input – roughly enough to boil a kettle.

Why do we even study this? Renewables are the only way. This is a waste of money which is a finite resource.

Exxon forecasts production of 3.8 million barrels of oil equivalent per day (boepd) in 2024, from 3.7 million this year, as it bets on a lift from the Permian shale basin and Guyana.

Spending on new projects will expand to between $23 billion and $25 billion next year, with a range that has a mid-point spending of $24.5 billion annually from 2025 through 2027.

I wonder what the growth rate of oil consumption is.

Anyone know if youtube content creators are unionized? They're a group of people who could benefit from solidarity.

You'd think this would give us some wiggle money to play with to build out new energy infrastructure. You're wrong though, there is no wiggle. We need all renewables like Germany.

Although the transition to EVs will require an enormous increase in base production capacity, it would be wasteful to build out nuclear to meet it.

$16m an hour might seem like a lot of damage, but nuclear can only exacerbate economic loss which is equally important as climatic loss.

Renewables now!

This happened to a few offshore projects in America's New England region as well. Maybe offshore wind isn't as "cheap" as I thought it was.

It means they believe clean coal is here to stay and will be profitable for awhile. I think they're right.