That thing about the EIB. In the UK news it said that a bill is going through parliament which would allow ministers to force pension funds to invest a proportion in green projects.
Hundreds of years from now when historians are describing the era of "Renewables Shenanigans" Irina Slav will receive credit for describing the netzero bobbleheads, perfectly.
🤘😎🤘
"where nothing else matters but how many billions that we don’t have we can commit to fantasies that cannot come true."
Strait of Hormuz: Best argument for pipeline construction. It's only a matter of time...the cure for high prices is high prices - especially commodities.
Most of the oil (~ 84%) passing through Straights of Hormuz is bound for China, India and other Far East Countries. There’s plenty of oil and gas this side of Hormuz, although the European Clown Circus has cut itself off from a significant supplier, Russia.
“The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years.”
Golly gosh Batman! The risks are perennial spread over the last 70 years or so. The World is full of commentators who imagine history only began the day they were born…. some think it only started yesterday afternoon.
From the moment I read the WSJ article, I knew #1 would be at the top of your list. And I laughed out loud again (not welcomed while drinking morning tea) when I saw the X memes about the straight of Hormuz 😂
Tankers in the Persian Gulf are so high risk! Maybe this will stimulate the Gulf countries to build a pipeline from Kuwait/Iraq through Oman to the Arabian Sea. Then the only tankers in the Persian Gulf will be from Iran.
The Birol reversal deserves its own case study in institutional credibility erosion. But here's the part that gets less attention: the IEA's mandate was designed for exactly this kind of supply shock — coordinated reserve releases, demand management, emergency sharing agreements. The irony is that the one moment the agency's original architecture is relevant, its analytical credibility has been so diluted by transition advocacy that half the market doesn't trust its supply numbers. The institution built for 1973 finally got its 1973 moment and walked in wearing the wrong uniform.
That thing about the EIB. In the UK news it said that a bill is going through parliament which would allow ministers to force pension funds to invest a proportion in green projects.
I wonder if all the money the UK saves by doing away with trials will be mandated for green investment?
We can ignore Birol. He's become a doddering old fool.
I feel like wallowing in hilarity. It is like a sitz bath. Soothing
Hundreds of years from now when historians are describing the era of "Renewables Shenanigans" Irina Slav will receive credit for describing the netzero bobbleheads, perfectly.
🤘😎🤘
"where nothing else matters but how many billions that we don’t have we can commit to fantasies that cannot come true."
I also like, "imaginary solutions to problems that don't exist."
Strait of Hormuz: Best argument for pipeline construction. It's only a matter of time...the cure for high prices is high prices - especially commodities.
Is there a reason why they haven't already started constructing pipelines? Iran has been a threat for a long time.
Most of the oil (~ 84%) passing through Straights of Hormuz is bound for China, India and other Far East Countries. There’s plenty of oil and gas this side of Hormuz, although the European Clown Circus has cut itself off from a significant supplier, Russia.
“The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years.”
Golly gosh Batman! The risks are perennial spread over the last 70 years or so. The World is full of commentators who imagine history only began the day they were born…. some think it only started yesterday afternoon.
From the moment I read the WSJ article, I knew #1 would be at the top of your list. And I laughed out loud again (not welcomed while drinking morning tea) when I saw the X memes about the straight of Hormuz 😂
Tankers in the Persian Gulf are so high risk! Maybe this will stimulate the Gulf countries to build a pipeline from Kuwait/Iraq through Oman to the Arabian Sea. Then the only tankers in the Persian Gulf will be from Iran.
The Straits are ubiquitous, Addis Abba isn’t & neither is Kharg Island.
The Straits are ubiquitous; Kharg Island and Bandar Abbas are not
Perhaps Elon and The Boring Co. can punch a tunnel from UAE to southern Oman. Problem solved!
The Birol reversal deserves its own case study in institutional credibility erosion. But here's the part that gets less attention: the IEA's mandate was designed for exactly this kind of supply shock — coordinated reserve releases, demand management, emergency sharing agreements. The irony is that the one moment the agency's original architecture is relevant, its analytical credibility has been so diluted by transition advocacy that half the market doesn't trust its supply numbers. The institution built for 1973 finally got its 1973 moment and walked in wearing the wrong uniform.