Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9325. (Read 26711860 times)

Fatty McFatsson
Fails to interpret the pic
Low IQ snowflake

Here childhood has been stolen? nha..

I found the article on the global electricity network the Chinese want to build.

https://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376

Western politicians need to get off their ass and stop fighting about coal before the Chinese build the global network and dominate the global energy industry.

It is shameful that China is already the global leader in clean energy.

that must be the dumbest pic I've seen in a long while

I found the article on the global electricity network the Chinese want to build.

https://www.nbcnews.com/business/energy/china-unveils-proposal-50-trillion-global-electricity-network-n548376

Western politicians need to get off their ass and stop fighting about coal before the Chinese build the global network and dominate the global energy industry.

It is shameful that China is already the global leader in clean energy.

Is there actual evidence for this correlation? A genuine question.
At the moment, let me be doubtful.

CME Bitcoin Futures calendar. Trades don’t settle until Monday unfortunately so I don’t expect any rallies until after Monday. 

Are there already acceptable losses over metal cables of distances this far?

In July 2016, ABB Group received a contract in China to build an ultrahigh-voltage direct-current (UHVDC) land link with a 1100 kV voltage, a 3,000 km (1,900 mi) length and 12 GW of power, setting world records for highest voltage, longest distance, and largest transmission capacity.[7]

That’s exactly the point of the picture.  

Right wing politicians criticize Greta saying her childhood has been stolen.  But it is right wing politicians in the pocket of outdated industries like coal mining that are doing the stealing (and giving false hope to coal mining communities).  

We are going to end up with 95% renewables in 20 years because they are cheaper than everything else when combined with hydro storage and battery storage.   Today there is so much solar power in Australia that electricity during the day is often at a negative price - you are paid up to $1,000 per megawatt hour to take the electricity.  The South Australian battery farm built by Elon Musk is paid to charge from the grid during the day, and then paid to discharge to the grid in the evening peak.  It is making a killing, and the coal plants are shutting down because they can’t cope with the price swings on the network (they can’t ramp up and down their production).

It would make it easier if the dinosaurs got out of the way, and allowed for coal mining communities to adapt and transition. But they lie and pretend that coal is the future when we have some much electricity already we have to pay people to take it.  So people in these communities live with false hope of a new coal boom that will never come. They don’t prepare for their future because politicians lie to them. 

There will be no coal mines in 10 - 15 years. Not because of the greenies, but because coal is too expensive for generating electricity.   Once you have built it, wind and solar run for free.  And they get drastically cheaper to build every year.  And storage is also getting drastically cheaper every year.

Solar + batteries are far cleaner than coal.  You are in the pockets of Big Coal, you just don’t know it.  


Wind + hydro storage is cleanest of all.  

Also there is talk of building a global power grid which would circle the earth, sending solar power from the day side to the night side. You don’t need storage if you are consuming it elsewhere.

Already Australia is preparing to export solar energy to Singapore by undersea cable.