Grim - Yemen

[AtW]

What like feed-in tariffs?

Solar feed-in tariff U-turn marks another betrayal by the 'greenest government ever' | Jeremy Leggett | Environment | guardian.co.uk

Solar power feed in tariffs greatly (3-4 times) exceed current market price.

Guaranteeing purchases of oil at $70 per barrel for the next 20+ years would be half the current price. The only reason not to do that is if there is strong evidence price of oil would collapse.

Germans managed to make a lot of petrol from coal despite allied bombs, economically this becomes viable at around $70-80 cost of oil per barrel, but again this requires a few billions of invesment (which is like what - 30 mins on printing presses these days), and long term committment to buy fuel at that price.

$70 per barrel would mean less than quid at the pumps, I'd go for it given that my last refuel was £1.50 per liter

[DimPrawn]

First of all, there is no need to support tyrants who sell this oil - people in those countries who'd get the money from it would rather much more appreciate it.

Secondly a forceful action needs to be taken to get off this crazy dependency on oil - in Canada for example there is plenty of oil in sands, problem is that it is only viable with price being $60-70 per barrel, which looks like bargain now, but private companies don't want to invest as they are afraid price will fall (which is did 18 months ago).

Consequently state should act as long term investor in such cases - private companies are too short sighted, maybe one way would be to guarantee purchases of oil at 60-70 dollars from those private companies for the next 15-20 years, this would guarantee supply and the only downside is that fuel won't fall down to 70pence like it used to be, but frankly anything below a quid is a bargain now.

What like feed-in tariffs?

Solar feed-in tariff U-turn marks another betrayal by the 'greenest government ever' | Jeremy Leggett | Environment | guardian.co.uk

[AtW]

But what do you suggest we use instead of oil?

First of all, there is no need to support tyrants who sell this oil - people in those countries who'd get the money from it would rather much more appreciate it.

Secondly a forceful action needs to be taken to get off this crazy dependency on oil - in Canada for example there is plenty of oil in sands, problem is that it is only viable with price being $60-70 per barrel, which looks like bargain now, but private companies don't want to invest as they are afraid price will fall (which is did 18 months ago).

Consequently state should act as long term investor in such cases - private companies are too short sighted, maybe one way would be to guarantee purchases of oil at 60-70 dollars from those private companies for the next 15-20 years, this would guarantee supply and the only downside is that fuel won't fall down to 70pence like it used to be, but frankly anything below a quid is a bargain now.

[amcdonald]

True, and those are examples of Governments flush with cash being tyrannical, or not democratic anyway, as we were discussing a couple of months ago.

But what do you suggest we use instead of oil?

We're tuliped until they make Fusion viable

Food wars, oil wars, it's going to be a tulip century

[OwlHoot]

Those scumbags would not have been in power if the West did not keep buying oil from them and turning a blind eye on human right abuses.

True, and those are examples of Governments flush with cash being tyrannical, or not democratic anyway, as we were discussing a couple of months ago.

But what do you suggest we use instead of oil?

[AtW]

Those scumbags would not have been in power if the West did not keep buying oil from them and turning a blind eye on human right abuses.

[TimberWolf]

I used most of my doom up on Japan. Although had noticed something on the news about bombing the middle east again.

I lot of this could be heard in the background:

[DimPrawn]

Yemen protests: Evidence snipers shot to kill - Telegraph

As the carnage continued, killing 52 and wounding hundreds more, victims were brought to a nearby mosque that had been turned into makeshift hospital.

Photographs showed the dead, identity cards and miniatures of the Koran laid on their corpses, lain in rows across the carpeted floor on an inner prayer room.

One young boy, barefoot and dressed in an Arsenal football club T-shirt, had been shot just above the eye. Another photograph showed a veiled woman cradling the body of her young son, his arms outstretched as if in supplication.

In one video, a man holding the body of his dead brother is shown making a tearful telephone call to his mother to tell her, in a faltering voice, that her son is dead.

Nearly all the bodies in the photographs had bullet wounds either in the forehead, neck or in the back of the head. There seems little doubt that this was the work of trained marksmen.



Very sad. The world really is going to hell in a hand basket.