 11 December 2021 http://shet.news/gzlo6In our headlong rush to 'save the planet' perhaps a sobering reality check for the deluded Greens is long overdue?A small, ever-so-green, 100-megawatt wind farm needs 30,000 tons of iron ore; 50,000 tons of concrete and 900 tons of non-recyclable plastic.For the same power from an ever-so-green solar farm you need to increase that by 150 per cent.An electric car battery weighs half a ton, making just one requires shifting 250 tons of earth somewhere else on the planet.All require what are called 'rare earths', so a phenomenal 200 to 2,000 per cent increase in toxic mining, processing and shipping is required somewhere else on the planet, usually from unregulated regimes with very lax environmental standards.Solar and wind have weather-dependant limits, but we need energy ALL the time, so we have to have permanent back-up. The giant Tesla factory in Nevada would take 500 years to make enough batteries to supply the USA with electricity for 1 day!After 30 years and countless billions in subsidies wind and solar supply less than 3 per cent of the world's energy. On top of that, like all machines 'renewables' are built from non-renewable materials and have to be replaced time and time again, so definitely NOT a one-off cost.To accommodate 2,000 MW of gas or nuclear power generation requires the same area of two 18-hole golf courses. Whereas, accommodating 2,000 MW of wind power requires an area the size of Belgium!Then, of course, you still need 2,000 MW of gas or nuclear power to accommodate those hundreds of occasions each year when wind and solar power is producing absolutely nothing.Renewables will undoubtedly cause far more environmental damage to wildlife.George HerraghtyElginMoray |
Wind has problems eg Uncontrolled Variability ...also renewal costs and damage to environmental....also Aesthetics. |
 Google's AI says the UK can be self-sufficient in renewables+nuclear by as early as 2030:
AI Overview
Yes, the UK can become self-sufficient in renewable energy, and some say it could be achieved by 2030. The UK has the potential to generate enough renewable energy to meet its own needs and export clean energy to other countries. Some say that the UK's renewable energy potential includes:
Solar power: Solar panels are the cheapest source of electricity in the world, and the cost of solar energy has decreased significantly since 2010. Solar energy can provide almost 30% of the UK's electricity demand at times.
Wind power: The UK has a lot of potential for onshore wind power, and the government has removed barriers to its production.
Offshore wind: There is enough space in the UK's shallow waters to install offshore wind turbines, and some power can be generated by floating turbines.
Hydrogen: Hydrogen is a low-carbon superfuel that is easy to store and use.
Nuclear reactors: The UK could embrace a new generation of nuclear reactors. |
Charging and discharge reduces battery life |
Batteries.... Over their lifespan batteries degrade gradually leading to reduced capacity (and, in some cases, lower operating cell voltage) due to a variety of chemical and mechanical changes to the electrodes.[173]Several degradation processes occur in lithium-ion batteries, some during cycling, some during storage, and some all the time:[174][175][173] Degradation is strongly temperature-dependent: degradation at room temperature is minimal but increases for batteries stored or used in high temperature (usually > 35 °C) or low temperature (usually < 5 °C) environments.[176] High charge levels also hasten capacity loss.[177] Frequent over-charging (> 90%) and over-discharging (< 10%) may also hasten capacity loss.In a study, scientists provided 3D imaging and model analysis to reveal main causes, mechanics, and potential mitigations of the problematic degradation of the batteries over charge cycles. They found "[p]article cracking increases and contact loss between particles and carbon-binder domain are observed to correlate with the cell degradation" and indicates that "the reaction heterogeneity within the thick cathode caused by the unbalanced electron conduction is the main cause of the battery degradation over cycling".Wikipedia ... Quite complicated article....Myself...cutting through the chaff... I have a rough rule for me ... Any battery degrades by 10% each year.I understand EV batteries expensive... And recycling is imperfect.... Batteries cannot be improved much per unit as the Laws of Physics places limitations... Laws of Physics may be God.Real world eg Wales often super cold and sometimes super hot and lots of hills....so 10% it is.Synthetic fuel is probably the way, but needs cheap nuclear power.EVs at best niche vehicle. |
Letters to the Editor02 January 2025 10:00pm GMT?SIR If we had a sensible government that is, neither Labour nor any of the so-called Conservative administrations between 2022 and 2024 we would not have been buying gas from Russia and contributing to its war chest (Leading Article, January 2).Instead, we would have been extracting more oil and gas from Britain's North Sea reserves (and, hopefully, undertaking fracking projects too). We might even have exported some energy to our European neighbours, reducing their reliance on Russian supplies.Britain's headlong and futile rush towards net zero has much to answer for, and not just the stupid, self-inflicted increases in energy prices.John WaineNuneaton, Warwickshire |
Car batteries used in grid here in THIS YEAR : |
Good start to the month. Hopefully a sustained rise up to next results at month end. Probably down on Monday now I've said that lol. |
Wouldn't want to wear out expensive battery for that...Be mad. |
https://www.telegraph.co.uk/business/2025/01/03/why-ukraine-gas-pipeline-closure-moscow-biggest-defeat/ |
Obviously we can be totally self-sufficient in renewables. Using above data by xxxxxy that is 55% by renewables on a very calm day (including nuclear)....
The missing link is not the wind, its ENERGY STORAGE..... When we can store more energy we will be self-sufficient...
Battery technology is coming on in leaps and bounds. Soon people will be paid to link their car batteries to the grid during times when its required.... |
Vicki LesterGridwatch right now37% burning material - gas and wood etc13% nuclear* 50% traditional26% wind - we have exceptional but not common levels of wind11% solar - early afternoon on a bright sunny and clear day4% hydro various forms* 41% renewablesand the remaining is the net via interconnectors, begged, borrowed or stolen.* 9%It will be dark soon, and might be windless laterThere is ZERO evidence we are able to sustain on renewables ....Daily Telegraph |
As we welcome 2025, it will be worthwhile to keep a close eye on disruptions to global energy markets. Many of the current market and inflation forecasts implicitly assume that no such disruptions will take place and, if they are proved wrong, 2025 will look somewhat different to what we are being told it will...Daily Telegraph Eg Ukraine, Iran.... |
#adg, yes, holders would enjoy the uplift in the share price and a CG with it, but income seekers would be penalised the WHT on US derived income IF holding outside of a SIPP.. |
Question please?
If Shell do move listing to USA and it benefits the mkt cap then I assume the original UK shareholders would benefit from that shift in valuation in full (plus/minus any currency fluctuations and FX charges)
Anybody any experience of similar situation? |
#Pete160, yes it does, IF the primary listing is in the US investors would pay a 15%/30% WHT (withholding tax at source) on US derived dividend income inside an ISA, but not inside a SIPP..
Even with a W8-BEN in place you pay 15% tax with most ISA providers here in the UK.. |
pete160: ISA SIPP - you can invest anywhere on the planet and put in an ISA. I have an Indian tracker (up 20%) that is in my ISA.... There is no tax on dividends in ISA so I have no idea about that.... |
Apologies for the possibly muppet question but would a listing move to the US by any of these (shell, rio, glencore, etc) impact the tax on dividends position and also the eligibility for holding in an isa and sipp?
Thanks in advance |
Carbon Dioxide might well be minor but it is one of the variables we can control.
We cannot control volcanoes or the sun....
We obviously need to be in control of our own destiny as far possible.
And any way you look at it, the cleaner the atmosphere the healthier we all get.
A lot of people dont realise how small the atmosphere is. The thickness of it roughly
the distance from Guildford to Chichester.... Or put it another way, if you climb, not
even to the top of Everest, but say 3/4 quarters up you no longer can breath.
The more stuff we pump up there that sticks the worse it is for the planet... |
cmon shell take one for the team and leave.
it will scare the market and it might fair value BP. |
Climate change is the net result of all local, regional and global climate change variables, and CO2 is not the planet's temperature control switch. You cannot dial up and down the temperature you want.CO2 is just one of many climate change variables, including:1) Earth's orbital and orientation variations towards the Sun (aka planetary geometry) 2) Changes in ocean circulation. Including ENSO (El Nino) and others 3) Solar energy and irradiance, including clouds, albedo, volcanic and manmade aerosols, plus possible effects of cosmic rays and extra terrestrial dust4) Greenhouse gas emissions (of which CO2 is one, and water vapour the most abundant)5) Land use changes (cities growing - urban heat island effects, logging, crop irrigation, etc.) 6) Unknown causes of variations of a complex, non-linear system7) Unpredictable natural and manmade catastrophes 8) Climate measurement errors (unintentional errors or deliberate)9) Interactions and feedbacks, involving two or more variables.--So climate change is a soup of pretty much whatever flavour you like somewhere. Carbon dioxide is at most a very minor part of the equation....Climate Catastrophe Fund |
Shell shock warning on plot to move listing to New York could fuel oil and gas exodus
By DAILY MAIL CITY & FINANCE REPORTER
Updated: 22:00 GMT, 1 January 2025
Shell will face questions over its future on London’s stock market in 2025 in what is set to be a crucial year for the energy giant, writes Jessica Clark.
Chief executive Wael Sawan has warned he will consider moving its listing to New York if attempts to boost its valuation in the UK do not pay off.
He set a deadline to increase value and cut costs by the end of 2025 before taking more drastic measures, which could include ditching London for the US.
Such a move would be a major blow for the City as Shell is one of the biggest companies in the FTSE 100 with a valuation of almost £152billion.
It is feared that Shell’s exit would prompt rival exploration giants such as miners Rio Tinto and Glencore and oil and gas group BP to follow suit.
‘I have a location that is clearly undervalued,’ Sawan told Bloomberg in April.
Valuation gap: Shell chief Wael Sawan has warned he will consider moving its listing to New York if attempts to boost its valuation in the UK do not pay off
Valuation gap: Shell chief Wael Sawan (pictured) has warned he will consider moving its listing to New York if attempts to boost its valuation in the UK do not pay off
He said the oil giant was on a ‘sprint’ to close the valuation gap with US rivals ExxonMobil and Chevron by the end of next year.
If no improvement was made, Sawan said the firm would look at ‘all options’ including the possibility of moving its share listing to New York.
‘If we work through the sprint and we still don’t see that the gap is closing, we have to look at all options,’ he said.
Shell declined to comment on its plans for 2025. |
'Advance notice of 4ᵗʰ quarter 2024 results and 4ᵗʰ quarter 2024 interim dividend announcement
28 Nov 2024 London - On Thursday January 30th, 2025 at 07:00 GMT (08:00 CET and 02:00 EST) Shell plc will release its fourth quarter results and fourth quarter interim dividend announcement for 2024.'
That's the last results announcement RNS that I see on their www. - Just FWIW. |
Buybacks will help if the share suddenly comes back in vogue. The supply of shares will be less than normal meaning........ touchwood... Bigger rise.
But also it means they can pay bigger dividends (touchwood).... So works either way (hopefully). |
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