CV is an ink cloud an incredibly tragic one but you have to sense that its timing is quite suspicious and it attempts to cover over fossil fuels already crashing the economy worse than in 2007, the latest increment in a long pattern. Right before the impact of CV the stock market had is worst hits in history and US T-bills froze. This halting under CV seems a bit like what happens when trading is halted on exchanges to prevent free fall. Now oil hit negative $58 per barrel. And remember just before all this Saudi Arabia was/is trying to sell off all its oil (the most prime fossil fuels on the planet) and they couldn't raise prices or IPO value even by claiming their processing was taken down by 50% and trying to collude with Russia. And just before that Black Rock the biggest funder of fossil fuels said it was divesting fossil fuels. And then there were the fires in Australia and its pyrocene and Australia showing it has possibly the dumbest government in the world trying to glad hand people who just lost everything to fire and doubling down on coal and having stupid rules like allowing the government to trade mark law as if the state were just a firm and claiming its own citizens couldn't cite the laws or know them (trade secrets)- incomparably stupid kind of stuff- a picture of petrarchy. There are other clues. Supertankers now making their transoceanic journeys full of water half the time where they used to be full of oil both ways. China putting up a solar plant in the Tibetan plateau in months that puts out something like 3% of all of China's energy use or probably more than Japan took off line in Fukushima by a good bit and for a tiny amount of money. And other signs like China doing a new floating solar plant with batteries but wanting to charge an outrageous 12 cents per kwh for its use when for sure it is much cheaper to run than that, probably on order of 1 cent a kwh like in CA for similar land based plants. The difference is so frustrating because that amount to avoiding the permanent energy deflation the public needs and must have and it avoids the opportunity to put shale producers and out of business in mass and void the fraudulent contracts they wrote on the public just by pricing closer to costs- instead its priced to keep fossil fuels in the loop- totally wrong! Remember during the end of Obama the shale producer utilities in CA and elswhere were whining about net metering idiotically claiming they had to be able to charge existing customers more (the ones who couldn't pay) because people left them for non-competitive rates by choosing roof top solar and we also got scams like Alieso Viejo where they got to gas people and raise rates on all their customers or more fires and more inexplicable Enron style rolling black outs and we learned their worthless 4 billion of thieving profit per year meant cables weren't undergrounded leading to fires and their circular claims of needing to raise rates. So they surely argue that NG or fossil fuels is needed for a diversity in the energy mix but it is surely not needed at all its creates instability, graft, theft, war and inflation and it is not and never will be economically competitive- stability is a green grid where consumers get power from solar and batteries in their homes for the most part (hardening and much cheaper- despite the nonsense counter claim that utility is cheaper- its not that is just rent seeking nonsense) and what remains of legacy nuclear or new nuclear, hydro, wind... Cheap gas would be something like 25cents per gallon but green would destroy that rate very quickly on its way to being too cheap to meter. Have to wonder if 311, Chernobyl and 3 Mile Island and CV were all just scams (tragedies) related to unnecessary energy rent seeking but the biggest one is climate change. Now we will hear that the climate heals quickly from the cv hiatus months or months and we have to bail out the the fossil fuel parasites and slow down or back off Parris- quite the opposite we must accelerate it and recuperate the lost ground on things like mercury. Fossil fuels are unworkable politically, unworkable economically and unworkable environmentally and only the stupid and the criminal have continued to try to profit from them. Fossil fuels must not be bailed out they must be replaced and the proponents made to pay for the replacement as a condition of avoiding jail. Cotton picking fossil fuels are civil rights part II it is the same exact idiot mentality and demands. We need something more this time to be rid of the new slavery found in stuff like the prostitute economic gibberish of neoliberalism. We have to recognize a few simple things. Obviously we can't have shell companies and tax havens- that's a rot in jail untill you divulge it all offense- a do it and go to jail immediately offense. But we also have to see that if work is optional for any silver spooner in a society it is optional for all. Period. And obviously if we can't own people and people have free association it is only a moronic trickology that would have us thinking we could own organizations composed of people and their relationships- those must be un-owned. And we can't claim that such un-owned organizations wouldn't perform well enough because that would be like saying moving away from plantation slavery was a non-performer- we simply can't rent people, we have to realize in the most concrete sense employment is crime a form of prostitution. The core of our endeavors should be friendship or fraternity not coercion, fear, secrecy and shame/guilt. The world simply doesn't need this crap called fossil fuels anymore because there is a absolutely superior replacement that is much more dependable with much lower more reliable costs all around. The patriarch of Saudi Arabia was so right when is claimed to have said the oil age wouldn't end for lack of oil just like the stone age didn't end for lack of stone. When they say for instance that super expensive hyper subsidized polluting gas is now too cheap for Tesla's to be compelling its like saying that the price declines of Blackberries will put a stop to iphones. The 90 trillion for the GND was a number thrown out by fools that thought they would be compensated for being displaced. That is totally wrong. Just like with negative 58$ a barrel oil we can replace them for an economic gain getting rid of their ill-gotten unjustifiable rent seeking and making them pay for the transition is something we can't afford not to do, its self-funding and the actual cost is negative! Fossil fuels have hit their demand cliff that is a problem for the people stupid enough and criminal enough to still be in them- they can pay with personal debt for pensioners and the rest they tried to use as hostages to cushion and insure against their fall. As for a diversion, if something leaked from a lab the US was sponsoring (at least 3.5 million) and France helped build that looks pretty international. Blame game is about China going green which frees the world from literal fossil fuel slavery. It is the same stuff as the complaints against the Paris accord and same stuff as the tarrifs- fossil fuel economy can't remotely compete with green because it has a much higher cost of goods and a kind of unnecessary tax. Obvious solution is to ditch the fossil fuels and stop oppressing and exploiting your own citizenry- massively telling that auto workers make more in Shanghi than in the US- that says it all!!! Then there is the blather about socialism and communism. It was a top down fully planned economy that created and perpetuated the fossil fuel fraud when we haven't needed fossil fuels for at least 70 years. All Marx was saying was you can't have one person do the work or a group of people do the work and have a self righteous thief perpetually rip them all off. The people who scream the S and the C words are typically criminals guilty as charged fearing prison- like the Chris Matthews melt down- how much does that guy have in tax evasions havens? And what is tax evasion - its theft they use services but want others to pay for them, it is the criminal mindset, but they also project their blame onto others and complain about the poor and about the safety net, they begrudge money they can't steal, don't think their should be hospital unless they are primarily about producing rent seeking profit for parasites and only as a kind of cover story providing critical care and don't think people who have been so exploited that they don't have money should be allowed to live if the need a hospital- O admin may have been trying to save unnecessary insurance parasites that existed to socialize fossil fuel losses with their moronic practice of constantly throwing money that should have gone to care, instead throwing it to fossil fuels firms on casino ponzi stock exchanges but the O admin had the right issue because its so obvious that the fools that defunded and closed (because they weren't profitable for parasites) the bulk of the county hospital system (which was the equivalent in the US of a federal debt eliminating single payer system) have brought the country to its knees with the choke point of hospitals in an outbreak with no spare capacity.
"The world simply doesn't need this crap called fossil fuels anymore... with much lower more reliable costs all around." This I do agree.
