What Is Up With This "Worldwide Energy Crisis" I Keep Seeing Now???

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Originally posted by Modern Day Savage:
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Originally posted by PASig:
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Originally posted by soflaac:

China in particular is hurting for coal

. A long time ago I read that Chinas coal is very high Sulpher and pollutes like hell. Since even tha Commie govt has to breath the same air they don’t use it much.

China had apparently banned Australian coal recently but they are in such a bind now, I saw an article about how there’s footage of coal now being offloaded in China from Australian ships.

I’m a bit confused about that, I thought China had huge amounts of their own coal?

Video posted on the forum a few days ago explained this. China has been changing over from the older coal-fired electricity producing plants to newer ones to comply with "Green" mandates. The newer ones are cleaner and more efficient...but they require cleaner burning coals, such as the coal mined from Australia. The native coal in China is the dirtier coal and the newer plants don't burn this type well and are less efficient when trying to burn it.

In the last couple years of his career, my Dad, a trained electronics engineer was laid off and couldn't find an employer willing to hire him when he was so close to retirement, so he finally took a job out of state at a Wyoming coal fired electricity producing plant, just for a couple years to finish out his career.

He learned a lot about coal fired plants while working there and showed me the stack scrubbers they used to reduce emissions to comply with mandates. He also explained that much of the coal mined in Wyoming is a cleaner burning coal, and various coal fired plants around the U.S. increasingly bought Wyoming coal to go "Green".

Where I live in Colorado we have local sources of coal, however it used to be a common sight to see huge trainloads of Wyoming coal brought in to our local coal fired plants...that is, until the city council shut down our perfectly working clean burning local coal fired electric plant that produced inexpensive electricity. Now we get the 'privilege' of paying for more expensive electricity that is %20 + produced by 'renewable'' sources.

Posts: 4472 | Registered: November 30, 2004

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nhtagmember

Political Cynic
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whatever problems the Chinese have with energy or lack thereof it couldn't have happened to a nicer and more deserving bunch

Posts: 53951 | Location: Tucson Arizona | Registered: January 16, 2002

tatortodd

Drill Here, Drill Now
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There are several natural (e.g. normal supply & demand) and unnatural (e.g. government intervention) forces at work. Here are my top 3:

{natural} Oil & gas has been in a downturn since 2014. Historically, that has always lead to a period of underinvestment which in turn leads to high prices, an oil boom, over investment, downturn/bust, rinse & repeat. Most people don't know this, but it's typically 10 to 15 years from exploration to full-field development due to the permitting, financing, designing, fabricating, constructing, and a period of incrementally increasing production while continuing to construct.

{unnatural} COVID cratering demand for jet fuel, gasoline, and crude oil. It's picking up, but the rapid change from normal to worldwide lockdown was a real 1-2 punch combined with the downturn.

{unnatural} Leftist governments and NGOs ignoring reality and trying to instantaneously switch from oil & gas to green energy despite the vast difference in infrastructure in place.

As far as bullet #3, I did read an encouraging ruling in the UK this week {bolding by me}:

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U.K. Wins Challenge Over BP’s North Sea Oil License

By Katharine Gemmell
October 7, 2021, 6:46 AM CDT

The U.K. won a challenge over its decision to grant BP Plc a North Sea oil permit as judges pointed to the need for the country to have diverse sources of fuel as the current energy crisis drives prices for power ever higher.

The permit would allow BP to drill for 30 million barrels of oil in the North Sea, a move that Greenpeace argued would undermine the nation’s climate ambitions. A suggestion the Scottish judges quickly dismissed. There’s no evidence that the U.K. is ready to stop using fossil fuels yet, they said.

While Greenpeace wants an end to such oil drilling, the U.K. economy “is reliant in a number of different ways on the consumption of oil and gas,” the judges said. That means the issue is “essentially a political and not a legal one.”

“At present, a shortage of oil and gas supplies is a matter of public concern,” they said.

John Sauven, Greenpeace U.K. executive director, said it would appeal the decision at the Supreme Court in a statement.

Greenpeace argued that the U.K. Government and the Oil and Gas Authority, the industry regulator, failed to properly inform the public about the permit and allow for challenges to be made on climate grounds.

Ego is the anesthesia that deadens the pain of stupidity

DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer.

Posts: 23816 | Location: Northern Suburbs of Houston | Registered: November 14, 2005

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