New Catallaxy

Watch the RE crash dummies hitting the wall! SOUTH AUSTRALIA, GERMANY, BRITAIN, CALIFORNIA, TEXAS In summary, the major strategies appear to be importing power and deindustrializing. The first move will only last while other places have got conventional power to spare and the second is not likely to be popular. More details in preparation, but…

Time to start planning We need a plan before a government comes to power with a mandate to exit, only to find that they have to make it up during the first year of office. More commentators are talking about an orderly exit from coal, instead of the insane stampede prescribed by most Australian governments…

And others From the Beer Whisperer. Greg Canavan on the exit from net zero for investors. The smart money is shifting to fossil fuels, anticipating the collapse of the net zero ponzi scheme. Hear about it in the first few minutes of the video. Serious investors will need to listen to the end to get…

Strike One Impossible due to the wind droughts and lack of storage. Strike Two Impossibly expensive due to the need to keep 100% conventional power for ever due to One. Strike Three Catastrophic impact on people and other living things through the supply chain from mining through wreckage of forests and farmland to disposal of…

Historian and poet Robert Conquest was a communist in his early life until he saw the light. Light is the operative word. Communism, leftism more broadly, survives only in the shadow of ignorance. Apropos, Conquest’s first law: “Everyone is conservative about what he knows best.” Or, the version I like: “Everybody is reactionary on subjects he…