Moreover, have you been to Trento, Italy, which has a useful tradition that should be considered, too: La Tonca, which is…
'an annual tradition leaves local politicians shaking in their boots. The Tonca is a comical reenacting of an ancient punishment used from the 14th to 17th century in which one person is placed in a cage and dunked in the freezing waters of the Adige'
I'll do a simple post right after to show the graph, but just consider this data:
- Around 2006 Russia plus China (or viceversa) became main EU Trade Partners and US felt to 12/13% sharply
- in 2024 US is back as leading Trade Partner of EU surpassing the above duo
What's in the middle? The US gain-of-function virus, popularly called Covid-19, the US 2014 coup in Kiev also called Maidan revolts, the US building of bioweapon labs in Ukraine with the help of Biden's son, the expansion of Nato and the training of Nazi UA to face Russia reaction, the US/UK negation of Putin proposals to avoid a war, the war, the false flag of October 7th 2023 and the genocide of Palestinians and now Syria and what else the nazi US/UK/France/Israel will prepare for Middle East.
So, few little things, to be forgotten in future history books.
What is the price in U.S. cents per KWH? I also thought Norway has one of the largest sovereign wealth funds in the world. Would be good to know how its used and how energy exploration allotments are made.
-
New Mexico has much less than Norway in its long term oil and gas funds yet we produce 1/2 of what Norway does annually. Are we stupid or just being fleeced or both?
Divide the price per kwh in NOK by 10 to get the US equivalent.
In that above graphic, prices per kwh are 1-2 NOK (there's 100 øre to the NOK), so retail (subsidised) prices for consumers are some 20 US cents/kwh, with 'market™' (sic) rates of, say, 10 NOK/kwh would be around one buck/kwh.
As to the sovereign wealth fund, an anecdote suffices: many Norwegians tell me 'we're all rich, you know, because of [it]'. Needless to say, no gov't would use said fund to bail out the regular people…
I'm unsure about NM, but I'd suspect that, since prices are much lower in the US, you're getting fleeced not once but at least twice: first by subsidising production and the other time by the cartel-like structures governing US energy production/distribution: it's not a big club, and neither of us are in it.
Ideas resonate into reality. Whoever controls idea generation controls reality. Ideas generated to serve a tiny minority of criminals to the detriment of the rest of us, invariably lead to destruction. That is the destination towards which we are accelerating. Not only have they hijacked our lives, they’ve also severely stunted our imagination, the eternal spring from which all ideas flow. This is an equivalent to “shut up and die!”
The over-complex systems designed by technocratic servants of criminal Rulers eventually begin to crumble. There is one thing Rulers care about more than any other - Power. As the their systems begin to fail, all they care about is to remain in power. That is why they must take charge of the collapse, by creating wars, famines, pandemics, in general - human misery. This is the Great Reset! Staying in power means they we must cushion their fall so that they can continue riding us once again, whatever is left of us.
All of this is happening with us hardly noticing. We notice the effects but the hidden hand remains invisible. How can we fight back that which remains invisible?
Oh, it's not merely massively distributed 'responsibility', but this system™ is going to fail eventually due to way too many moving parts: imagine, the EU's 'Energy Market™' sets the price hourly for some 500m people.
This thing will fail, perhaps not in January or February, but it will as it's a) man-made and b) way too complex.
Of course, it is going to fail. My points is that the failure of the overall system is not likely to liberate us. Before it fails, the Rulers are taking reins into their own hands and steering to a crash so that they remain in control. That is why they are engineering wars, severe economic destruction of productive economy, false flags, alien invasions, and the rest. There will probably some sort of digital meltdown, blamed on the usual suspects. It is the reset they are familiar with and believe they can control. Plus, they believe that on the ashes they can build their wet dream - the one-world Oligarchical system. The destruction is assured; although we can guess, we can’t say to what degree they will succeed. The important part is that they believe they will emerge victorious regardless of what they do to us.
You know, I think even such a 'reset' system would have to obey marginal returns, i.e., those '15-minute-cities' (camps) will be virtually 'fenced' by lack of 'services™' beyond the 'city limits' (there be dragons), which might open up possibilities for small survivalist groups, although there will likely be limits as to their 'toleration' as these examples can't be permitted to 'flourish' (as an aside, much like in many dystopian fiction [sic] portrayals, what lies 'beyond' such '15-minute-cities' will be propagandised as 'retrograde' and 'dangerous': I'm specifically thinking of an admixture of Animal Farm/1984, Brave New World, and Fahrenheit 451…)
Before the privatisation of energy production and transfer-systems, those were seen as crucial national infrastructure tied-in to defense and as a boon to domestic industry, production and overall standard of living. Therefore, they were state-run with a minimum (or no) political direction or oversight beyond "make as much power as needed as efficiently as possible", funded mainly by taxation, and basic cultural nationalism took care of the rest.
Which is why Sweden f.e. was independent when it comes to electricity.
After privatisation, the point of power production et cetera is to create money - profit for the capitalists controlling the system.
Make it a national issue, remove the profit-motive, re-create a state-run monopoly with no politicians in the command-structure, and make private power production (meaning your own solar panels f.e.) completely tax exempt, even if you sell power to the grid (i.e. your neighbours).
It will be cheaper, more efficient and generate more profit for the economy total by freeing resources among the citizenry now tied up into paying power bills.
You're right, which is why I'm making 'fun™' of the communists here: they want to keep the system, but spread more taxpayer money around to make it a bit less absurd for 'da people™'.
There's no market economy, it's an administered mirage, and the illusion of private property (as most people don't own real estate or things like cars due to these things being credit-financed). Reeks like 'fascism', 1930s style, but it 'looks™' and esp. 'feels™' to hyper-modern and 'liberal™', eh?
Capitalism and communism share origins and methods and end-point. The steps of the dance differ a little but that's about it.
Also, capitalism is a pre-requisite for communism in the first place, something most if not all economists of today either choose to forget or are ignorant of.
Neo-liberal economic theory is simply corporatism in a dress and make-up.
Which in turn is nothing but feudalism sans any Magna Charta or the like.
Older eras had the limits of technology at the time as an excuse: from ca 1850 and onward, that excuse is no longer valid.
I'm unsure if capitalism is a pre-requisite for communism, but on the other aspects, I tend to agree.
'Fun fact' re the c. 1850s appearance of what used to be called the 'bourgeois mode of production', I tend to call it a 'singularity', which is, of course, constantly evolving, changing, shape-shifting…
Merit order pricing worked well until changes were made to accommodate the intermittent nature of generation by renewables. Dispatchable generators (because the output could be predictably controlled to dispatch the power needed) would bid (usually a day ahead) for supplying a level power at time intervals at a nominated price so at any time, the demand would be met by paying generators the cheapest of highest generator bid at any time that met the actual demand. Failure to supply the contracted bided power would result in massive fines to the generator ensuring that realistic bids were made. This produced a reliable grid supply at the lowest price that generators could make a realistic profit (needed for maintenance and future investment). The most efficient generators would actually lose some money during minimum demand periods knowing that the price would rise enough during higher demand (especially peak) periods due to the higher price bids of the less efficient generators needed to meet the demand.
As we all know, intermittent renewable generators cannot guarantee their output so the politically correct market operators allowed them to bid without facing fines for failure to supply - an unmentioned but enormous subsidy for their operation. This allows the renewable generators to bid at low prices which allows them to always sell the power, reducing both the price that dispatchable generators receive for the power they generate and their access supply power to the market. Additionally this forces dispatchable generators to continually ramp their power output up and down depending on whether the renewables are generating at the time, limiting the capacity that the slowest responding but most efficient generators could bid for since over supplying is also a breach of the bid. The least efficient but most responsive thermal generators are now needed continually to keep the grid stable.
This is why the spot pricing of electricity is all over the place with the price going negative when the renewables are operating optimally (which is why they now sometimes get paid NOT to generate - curtailment) and going stratospheric when they cannot generate appreciable amounts. There is no incentive for efficient thermal generators (coal, nuclear, combine gas) and huge demand for the inefficient open cycle gas generators.
Additionally, the need for thermal generators to stay online, even when basic operation is inherently unprofitable, has led to capacity markets which means they get paid to keep running at low power output in case they are needed when renewable generation is particularly low. Another cost to consumers that is effectively a subsidy for renewable generators.
Finally, there is no technology that can provide meaningful amounts of storage to "bank" excess renewable generation for periods when renewable generation is low. Most hydro sites have already been built out and there is a clamour for some to be removed for environmental reasons and batteries have massive costs and short lifespans - most end up providing frequency support for the increasingly unstable generation since their actual capacity is so low. As for compressed air, mechanical gravity, etc, these are all pipedreams that are impractical and don't scale.
Pitchforks?! Guillotines!
And then some.
Before that, though, I suspect that a good ol' pillory should be considered for these politicos:
https://en.wikipedia.org/wiki/Pillory#Similar_humiliation_devices
Moreover, have you been to Trento, Italy, which has a useful tradition that should be considered, too: La Tonca, which is…
'an annual tradition leaves local politicians shaking in their boots. The Tonca is a comical reenacting of an ancient punishment used from the 14th to 17th century in which one person is placed in a cage and dunked in the freezing waters of the Adige'
See here: https://mymodernmet.com/la-tonca-trento/ (incl. a video)
Ha ha yes perfect all of the above please!
Do check out the video footage--isn't this awesome?
Oh my gosh I missed it I thought they were all pictures. Even better than I imagined. Thanks
You’re very much welcome!
I'll do a simple post right after to show the graph, but just consider this data:
- Around 2006 Russia plus China (or viceversa) became main EU Trade Partners and US felt to 12/13% sharply
- in 2024 US is back as leading Trade Partner of EU surpassing the above duo
What's in the middle? The US gain-of-function virus, popularly called Covid-19, the US 2014 coup in Kiev also called Maidan revolts, the US building of bioweapon labs in Ukraine with the help of Biden's son, the expansion of Nato and the training of Nazi UA to face Russia reaction, the US/UK negation of Putin proposals to avoid a war, the war, the false flag of October 7th 2023 and the genocide of Palestinians and now Syria and what else the nazi US/UK/France/Israel will prepare for Middle East.
So, few little things, to be forgotten in future history books.
What is the price in U.S. cents per KWH? I also thought Norway has one of the largest sovereign wealth funds in the world. Would be good to know how its used and how energy exploration allotments are made.
-
New Mexico has much less than Norway in its long term oil and gas funds yet we produce 1/2 of what Norway does annually. Are we stupid or just being fleeced or both?
Divide the price per kwh in NOK by 10 to get the US equivalent.
In that above graphic, prices per kwh are 1-2 NOK (there's 100 øre to the NOK), so retail (subsidised) prices for consumers are some 20 US cents/kwh, with 'market™' (sic) rates of, say, 10 NOK/kwh would be around one buck/kwh.
As to the sovereign wealth fund, an anecdote suffices: many Norwegians tell me 'we're all rich, you know, because of [it]'. Needless to say, no gov't would use said fund to bail out the regular people…
I'm unsure about NM, but I'd suspect that, since prices are much lower in the US, you're getting fleeced not once but at least twice: first by subsidising production and the other time by the cartel-like structures governing US energy production/distribution: it's not a big club, and neither of us are in it.
Ideas resonate into reality. Whoever controls idea generation controls reality. Ideas generated to serve a tiny minority of criminals to the detriment of the rest of us, invariably lead to destruction. That is the destination towards which we are accelerating. Not only have they hijacked our lives, they’ve also severely stunted our imagination, the eternal spring from which all ideas flow. This is an equivalent to “shut up and die!”
The over-complex systems designed by technocratic servants of criminal Rulers eventually begin to crumble. There is one thing Rulers care about more than any other - Power. As the their systems begin to fail, all they care about is to remain in power. That is why they must take charge of the collapse, by creating wars, famines, pandemics, in general - human misery. This is the Great Reset! Staying in power means they we must cushion their fall so that they can continue riding us once again, whatever is left of us.
All of this is happening with us hardly noticing. We notice the effects but the hidden hand remains invisible. How can we fight back that which remains invisible?
Oh, it's not merely massively distributed 'responsibility', but this system™ is going to fail eventually due to way too many moving parts: imagine, the EU's 'Energy Market™' sets the price hourly for some 500m people.
This thing will fail, perhaps not in January or February, but it will as it's a) man-made and b) way too complex.
Of course, it is going to fail. My points is that the failure of the overall system is not likely to liberate us. Before it fails, the Rulers are taking reins into their own hands and steering to a crash so that they remain in control. That is why they are engineering wars, severe economic destruction of productive economy, false flags, alien invasions, and the rest. There will probably some sort of digital meltdown, blamed on the usual suspects. It is the reset they are familiar with and believe they can control. Plus, they believe that on the ashes they can build their wet dream - the one-world Oligarchical system. The destruction is assured; although we can guess, we can’t say to what degree they will succeed. The important part is that they believe they will emerge victorious regardless of what they do to us.
You know, I think even such a 'reset' system would have to obey marginal returns, i.e., those '15-minute-cities' (camps) will be virtually 'fenced' by lack of 'services™' beyond the 'city limits' (there be dragons), which might open up possibilities for small survivalist groups, although there will likely be limits as to their 'toleration' as these examples can't be permitted to 'flourish' (as an aside, much like in many dystopian fiction [sic] portrayals, what lies 'beyond' such '15-minute-cities' will be propagandised as 'retrograde' and 'dangerous': I'm specifically thinking of an admixture of Animal Farm/1984, Brave New World, and Fahrenheit 451…)
I would rather see the ship steered away from that horrible future. I wonder if it is even possible.
I'd sum it up as this instead:
Before the privatisation of energy production and transfer-systems, those were seen as crucial national infrastructure tied-in to defense and as a boon to domestic industry, production and overall standard of living. Therefore, they were state-run with a minimum (or no) political direction or oversight beyond "make as much power as needed as efficiently as possible", funded mainly by taxation, and basic cultural nationalism took care of the rest.
Which is why Sweden f.e. was independent when it comes to electricity.
After privatisation, the point of power production et cetera is to create money - profit for the capitalists controlling the system.
Make it a national issue, remove the profit-motive, re-create a state-run monopoly with no politicians in the command-structure, and make private power production (meaning your own solar panels f.e.) completely tax exempt, even if you sell power to the grid (i.e. your neighbours).
It will be cheaper, more efficient and generate more profit for the economy total by freeing resources among the citizenry now tied up into paying power bills.
You're right, which is why I'm making 'fun™' of the communists here: they want to keep the system, but spread more taxpayer money around to make it a bit less absurd for 'da people™'.
There's no market economy, it's an administered mirage, and the illusion of private property (as most people don't own real estate or things like cars due to these things being credit-financed). Reeks like 'fascism', 1930s style, but it 'looks™' and esp. 'feels™' to hyper-modern and 'liberal™', eh?
Yep.
Capitalism and communism share origins and methods and end-point. The steps of the dance differ a little but that's about it.
Also, capitalism is a pre-requisite for communism in the first place, something most if not all economists of today either choose to forget or are ignorant of.
Neo-liberal economic theory is simply corporatism in a dress and make-up.
Which in turn is nothing but feudalism sans any Magna Charta or the like.
Older eras had the limits of technology at the time as an excuse: from ca 1850 and onward, that excuse is no longer valid.
I'm unsure if capitalism is a pre-requisite for communism, but on the other aspects, I tend to agree.
'Fun fact' re the c. 1850s appearance of what used to be called the 'bourgeois mode of production', I tend to call it a 'singularity', which is, of course, constantly evolving, changing, shape-shifting…
Merit order pricing worked well until changes were made to accommodate the intermittent nature of generation by renewables. Dispatchable generators (because the output could be predictably controlled to dispatch the power needed) would bid (usually a day ahead) for supplying a level power at time intervals at a nominated price so at any time, the demand would be met by paying generators the cheapest of highest generator bid at any time that met the actual demand. Failure to supply the contracted bided power would result in massive fines to the generator ensuring that realistic bids were made. This produced a reliable grid supply at the lowest price that generators could make a realistic profit (needed for maintenance and future investment). The most efficient generators would actually lose some money during minimum demand periods knowing that the price would rise enough during higher demand (especially peak) periods due to the higher price bids of the less efficient generators needed to meet the demand.
As we all know, intermittent renewable generators cannot guarantee their output so the politically correct market operators allowed them to bid without facing fines for failure to supply - an unmentioned but enormous subsidy for their operation. This allows the renewable generators to bid at low prices which allows them to always sell the power, reducing both the price that dispatchable generators receive for the power they generate and their access supply power to the market. Additionally this forces dispatchable generators to continually ramp their power output up and down depending on whether the renewables are generating at the time, limiting the capacity that the slowest responding but most efficient generators could bid for since over supplying is also a breach of the bid. The least efficient but most responsive thermal generators are now needed continually to keep the grid stable.
This is why the spot pricing of electricity is all over the place with the price going negative when the renewables are operating optimally (which is why they now sometimes get paid NOT to generate - curtailment) and going stratospheric when they cannot generate appreciable amounts. There is no incentive for efficient thermal generators (coal, nuclear, combine gas) and huge demand for the inefficient open cycle gas generators.
Additionally, the need for thermal generators to stay online, even when basic operation is inherently unprofitable, has led to capacity markets which means they get paid to keep running at low power output in case they are needed when renewable generation is particularly low. Another cost to consumers that is effectively a subsidy for renewable generators.
Finally, there is no technology that can provide meaningful amounts of storage to "bank" excess renewable generation for periods when renewable generation is low. Most hydro sites have already been built out and there is a clamour for some to be removed for environmental reasons and batteries have massive costs and short lifespans - most end up providing frequency support for the increasingly unstable generation since their actual capacity is so low. As for compressed air, mechanical gravity, etc, these are all pipedreams that are impractical and don't scale.