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Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

bloomberg.com

71–80 of 124 posts

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#71

Who knew that Trump was going to speedrun The Green New Deal?... just for every other country except the US.

It's hilarious (or would be if it didn't involve killing people), the same dullards who wanted to "drill, baby, drill" have accelerated the move to renewables in a way they would have struggled to do if they were the most greeny administration ever seen.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#73
post #67

Earlier quoted context omitted.

Average price is $0.19 in the US. https://fred.stlouisfed.org/series/APU000072610

Which is pretty much what Australian average price is. Average Australian domestic tariff is around AUD 0.30/kwh which is USD 0.21/kwh. None of this touches on standing charges, I don't know how that works in the USA, in Australia for an average household it runs at AUD 1.00/day to AUD 1.50/day (USD 0.70/day to USD 1.00/day). For an average household the standing charge is going to add 15 to 20% to the tariff.

I'm assuming that standing charges are like meter fees here. I've paid as low as $0.25/day and as high as $1.25/day depending on where I lived. There's not much uniformity.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#74

Earlier quoted context omitted.

very jealous of how cheap AUS solar prices are. < $1 AUD per watt after rebate

We pay like 30 cents in USD per kw.

You're confusing the price of electricity with the price of solar panels and/or installation, which is what parent comment intended.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#75

Who knew that Trump was going to speedrun The Green New Deal?... just for every other country except the US.

It's not all sunshine and rainbows. Countries are turning to coal as well. There aren't natural chokepoints for coal distribution like the Straight of Hormuz.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#76

I'm assuming that China, with its industrial power and leadership position to produce a bunch of green energy components (like solar panels), is well-positioned to benefit from this.

Well, they act clever. The more important question is why other countries are not as clever. I am getting tired of the "democracies are the better model", which I would agree with, but then China just pushes through with bulldozer sinomarxism turned mega-capitalism. And that's working. So what the heck are those democracies doing other than failing really hard right now?

I don't think a democracy is necessarily a recipe for utmost economic success, it's more about having the ability to replace the leadership if they are failing the people. Without that, it's only a matter of time until you're stuck with a leader who's terrible, even if you currently have a good one.

I think many democracies have been struggling though, to find a good leader, lots of democracies been replacing their leaders over and over in recent times. That's definitely something to worry about, why aren't good leaders applying to be on the ballot or being voted in?

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#77

Hormuz being closed hurts Iran way more than it does the US. It's shocking that they're persisting on this strategy. That's the problem with authoritarians though: they'd rather rule over rubble than be an average citizen in a prosperous society.

[dead]

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#78

Hormuz being closed hurts Iran way more than it does the US. It's shocking that they're persisting on this strategy. That's the problem with authoritarians though: they'd rather rule over rubble than be an average citizen in a prosperous society.

As a citizen of the US I feel the same about Trump tearing everything apart so he can rule unimpeded.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#79
post #2

Remember, we didn't know how to pronounce hormuz until bombs started falling on people's head. The bombs and those who dropped them caused the problem. This isn't an energy issue.

I’ve seen this “we didn’t know how to pronounce Hormuz” line being repeated across the internet the last few days. Is it perhaps a new right aligned talking point meant to backtrack some of the “Trump is so incompetent” lines the left has been throwing out by making it seemn like EVERYONE was surprised by the events of the war?

It would be neat if there was some tracking of these kinds of political catch phrases sources and timelines, maybe that exists already.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#80

Earlier quoted context omitted.

Really? Europe looks primed to follow the US, just a few steps behind. They're electing their far right leaders and primed to start mass deportation, and are even ahead of us on cultural decline with respect to mass surveillance being used to actively police speech. What moves have they been making that you think indicate an upward trend? How are they going to recover from stagnation and demographic collapse?

Europe seems to be backtracking on some of their far-right flirtations after seeing the idiocracy in the US. Orban was voted out in Hungary after decades in power. Meloni in Italy is often described as far right but her party also strongly supports the EU, NATO and Ukraine.

France is quite likely to put the far-right in power next year, don't get your hopes up. I wish it wouldn't happen but a lot of people seem like they will not vote in a runoff between a far-right candidate and a left-wing (too left for the regular right) or right-wing (too right-wing for the left) candidate. It's absurd but not much one can do about it...
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