Post: #376

One thing I am always wondering about - at what level people start to be 'people in the know'...?

Take, for example, this article from such a highbrow magazine like 'The New York Review of Books':

https://www.nybooks.com/articles/2019/04...sil-fuels/

Is Bill MCkibben, who wrote the piece, a true believer, or a skillful con-man...?
Or maybe a great master of doublethink?

I cannot but must read the article as a great exercise on the subject 'How to make choice out of necessity'. And yet, apparenntly even the readers of NYRB are not to be in the know. So who is to be?

Anyway, the only suspicious remark, which puts the internal logic of this reality in question, is this:
One obvious question is why the fossil fuel companies don’t simply transform themselves into renewable energy companies and use the huge cash flows they still have to gain control of future markets.

Yes,why don't they want to take upon those great solar opportunities? (wind may not be so popular any more, since necessary rare earth minerals monopolized by China).


PS. The situation reminds me a bit Kubrick's 'The Eyes Wide Shut', where people in the know are Mr Ziegler (BTW, Ziegler means mason in German), and maybe the Rainbow shop owner, but the liberal intelligentsia of New York aka Tom Cruise & Nicole Kidman are to remain the biggest suckers of the entire show.

Post: #377

Kaligula,

As you probably allready know. The brutal truth is that Modern industrial civilization cannot survive without conventional high eroei oil of which we are past peak and in terminal decline. Solar and other alternative energy will prove prudent at a world population of 500 Million. (95%die-off)

Post: #378

Solid article loaded with links with recent news concerning the shale ponzi scheme. Discussing EROEI, Shale, Gold and paper assets

https://www.zerohedge.com/news/2019-04-0...nger-ahead