From Philadelphia Magazine:
Boomers Are Downsizing — and Dominating Philly’s Real Estate Market
Take a walk through the Laurel, the recently completed luxury condo tower at Rittenhouse Square’s northwest corner, and you might mistake it for a retirement community.
When you consider how many aging baby boomers call it home, that makes sense.
As of the end of January, 60 percent of the Laurel’s 65 condos had been sold. And 65 percent of those buyers were baby boomers.
The baby-boom generation has been the pig in the demographic python ever since World War II GIs and their wives made like rabbits the moment the warriors returned home. And as that cohort has aged, it has shaped and reshaped the way Americans live. From mass-produced suburbs like Levittown aimed at their parents to more upscale suburbs targeted at them as they rose through the workforce, the boomers have had their needs, desires, tastes and preferences determine what our communities look like.
That’s certainly been the case locally. And though the boomers are done raising families and are exiting the workforce, they’re still reshaping the way we live. Or, at least, reshaping the way they live.
…
The boomers are no longer the largest generation; millennials surpassed them in 2019, and Generation Z is nipping at their heels, if it hasn’t outgrown them already. But according to the National Association of Realtors, boomers last year overtook millennials as the single largest segment of the home-buying population — a designation those millennials had held since 2014.
Several trends contribute to this rise in boomer buying.
The older half of the generation (the youngest members of this half turn 69 this year) is largely out of the workforce. And while medical advances allow aging boomers to live longer, healthier lives, no one has yet found a way to halt aging entirely. These older boomers, then, are looking at the day when they may need help performing everyday tasks — and looking for communities where they can get it.
The younger half includes many who, like me, remain in the workforce and have no plans to retire anytime soon. (I was born in the second-highest year for births in the baby boom, 1958, and celebrated my 65th birthday in October.) Most of this group needs space for working from home, since the pandemic drove so many of us to work where we live at least part of the time. But our kids have also flown the coop, so we’re looking to jettison the extra bedrooms we needed for them.
And some of us want to get rid of the yards around our houses as well. We’re finding it harder to climb stairs, fueling a demand for main-floor bedrooms. New-construction houses increasingly have those, but for boomers who don’t want to buy a new house (and another yard), that usually means buying a condo, like those at the Laurel.
Frist
#1 ya greedy grubbers!
Arrrrghhhhh
But according to the National Association of Realtors, boomers last year overtook millennials as the single largest segment of the home-buying population…
And some of us want to get rid of the yards around our houses as well.
It’s bad enough boomers are outbidding the kids on houses, now they don’t even want to sprinkle Buck forage oats on a lawn so the kids get a meal. You expect the kids to climb ten stories to a feeder on your balcony? Geez!
No surprise
https://www.politico.com/news/2024/03/04/tammy-murphy-wins-crucial-democratic-convention-in-nj-s-largest-county-in-blowout-00144849
Yep, y’all living longer thanks to Socialists Obamacare.
“The older half of the generation (the youngest members of this half turn 69 this year) is largely out of the workforce. And while medical advances allow aging boomers to live longer.”
Dang, United Healthcare paid the ransom..
https://www.wired.com/story/alphv-change-healthcare-ransomware-payment/
Prepare for the onslaught.
Zelensky had to finally arrest and extradite as well as let in our Secret Service and the EU based Europol into Ukraine to search and shut down the Ukrainian Ransomware gangs in January of this year. They were responsible for many well know ransomware attacks including the Colonial Pipeline and have stolen hundreds of millions all in bitcoin transactions.
This Russia-based criminal group known as ALPHV and BlackCat etc is still protected by Putin and the Russian government. Back in December the FBI thought it had seized the gang’s darknet website, and even released a decryption tool that hundreds of victim companies can use to recover systems.
BlackCat was even playing cat and mouse with he FBI they responded by briefly “unseizing” its darknet site with a message promising 90 percent commissions for affiliates who continue to work with the crime group, and open season on everything from hospitals to nuclear power plants.
Only a matter of time before they get something critical. They reaked havoc on many hopital systems already. They are completely protected by Russia. There are however plenty of affiliates in Eastern Europe that aren’t.
Arguable that change healthcare was pretty valuable. Many pharmacies couldn’t fill prescriptions.
It’s going to start raising questions about the monopoly that is UHC.
Ten 416
Yep, y’all living longer thanks to Socialists Obamacare.
I can’t get a Bomma phone and Bomma care is more expensive than if I bought straight from the provider.
Juice: That greedy boomer who wrote the article turned 65 last Fall, and has no plans to retire anytime soon. Greedy boomers hanging around at jobs thinking they still matter.
I posted this yesterday at 6pm
You geezers start napping early. Must be tired from those WFH jobs.
I did 17k steps in one shift yesterday.
grim says:
March 5, 2024 at 7:52 am
Dang, United Healthcare paid the ransom..
https://www.wired.com/story/alphv-change-healthcare-ransomware-payment/
Prepare for the onslaught.
Older and wiser means richer? Older and wiser means nastier and greedier. Let’s not forget entitled, very very entitled.
Disclaimer: Not all of you old bas turds. Some of are alright. But you are outnumbered.
Now go get your free donut, and get out, exercise, take your heart meds you get for free from Medicare, and head on out to a National Park where you don’t need to pay since only Geezers get free passes.
Don’t worry, we got you covered. Signed Gen Z.
Hehe.
The economic divide between generations is becoming increasingly pronounced, with older Americans amassing a significant portion of the nation’s wealth. A Fox News video titled “Baby Boomers’ Wealth Bursts As Gen X and Younger Lag Behind” opens with the observation that “being older and wiser now means richer.”
This report reveals that Americans older than 55 control 72% of the nation’s wealth, highlighting a major contrast with the financial realities facing those younger than 55, who see little to no growth in their financial assets. This wealth concentration among older generations raises important questions about economic equity and the financial prospects of younger Americans.
No mention of the underage girls?
Speed was also given to staff who worked on Trump speeches, those who worked in foreign policy, those studying Special Counsel Robert Mueller’s investigation and those who dealt with the media.
The speed was handed out in the form of Modafinil under its brand name Provigil. Adderall, fentanyl, morphine, and ketamine, were also mentioned in a January Department of Defense report on prescription drugs in the White House.
Xanax was also prevalent, according to the Rolling Stone report, however the drug was not mentioned in the DOD’s report.
Two employees said that they acquired Xanax from the medical unit and in turn share it with colleagues.
The drug was also mixed with alcohol.
Pharmacists in the White House were also reportedly living in fear that they would be fired if they didn’t not supply demands.
Why are elections midweek and not on the weekend?
Is it to suppress the black vote?
Very Stable Genius says:
March 5, 2024 at 9:17 am
Why are elections midweek and not on the weekend?
Is it to suppress the black vote?
Of course not, it is designed to suppress the white vote, after all many more whites work than blacks. I have to admit those Democrats are pretty shrewd.
“It’s going to start raising questions about the monopoly that is UHC.”
Make sure the chart is zoomed out to ‘max’…one of the best performing stocks, ever. longer term. Healthcare. Ooopsies.
https://finance.yahoo.com/quote/UNH?.tsrc=fin-srch
Well that wasn’t very nice. Or accurate.
Probably more like those that run the elections are people who don’t work, are on pensions, and haven’t worked for years. Grab your free donut, go socialize at the polling office away from your wives and husbands, and see all of your long lost friends and neighbors from high school and gossip about them.
Jim says:
March 5, 2024 at 9:22 am
Very Stable Genius says:
March 5, 2024 at 9:17 am
Why are elections midweek and not on the weekend?
Is it to suppress the black vote?
Of course not, it is designed to suppress the white vote, after all many more whites work than blacks. I have to admit those Democrats are pretty shrewd.
I’d wager every politician got in this on the ground floor. Nice to have the inside information, and the ability to not only take payoffs, but later enjoy the profits on the back end as well.
leftwing says:
March 5, 2024 at 9:29 am
“It’s going to start raising questions about the monopoly that is UHC.”
Make sure the chart is zoomed out to ‘max’…one of the best performing stocks, ever. longer term. Healthcare. Ooopsies.
https://finance.yahoo.com/quote/UNH?.tsrc=fin-srch
“This report reveals that Americans older than 55 control 72% of the nation’s wealth…”
Always good to start the morning out with non-sequiturs posing as revelations…
In other words, who the fuck is reasonably expected to have the majority of wealth?
People who have been accumulating and compounding it for decades? Or new entrants to the workforce?
How is that a ‘revelation’?
My 26 year old is going to wildly outperform his comparable peer of a generation ago in terms of wealth at age 55 just by showing up and staying on the fairway.
Why are elections midweek and not on the weekend?
It’s to let the liberals sip Chardonnay perched on their ivory towers at the beach house in Martha’s Vineyard and Southampton.
Minimum wage workers are not allowed to take off in the middle of the day to go home to vote.
That’s the reason why the over 65 crowd can vote in higher percentages
Phoenix says:
March 5, 2024 at 9:31 am
Well that wasn’t very nice. Or accurate.
Probably more like those that run the elections are people who don’t work, are on pensions, and haven’t worked for years. Grab your free donut, go socialize at the polling office away from your wives and husbands, and see all of your long lost friends and neighbors from high school and gossip about them.
Jim says:
March 5, 2024 at 9:22 am
Very Stable Genius says:
March 5, 2024 at 9:17 am
Why are elections midweek and not on the weekend?
Is it to suppress the black vote?
Of course not, it is designed to suppress the white vote, after all many more whites work than blacks. I have to admit those Democrats are pretty shrewd.
Fellow police officers vehicle perhaps? Who keeps that much firepower with them?
Pony up taxpayer. You owe Granny a big check.
Moment SWAT team mistakenly raid home of innocent retired grandmother, 78, while she was in the shower after cops used Find My app to track down stolen iPhone and truck as she is awarded $3.76MN
The truck in question contained four semi-automatic handguns, a rifle, a revolver, two drones, $4,000 cash and an iPhone inside, which suggests why Johnson was subjected to such a show of force.
A retired postal worker, 78, was handed nearly $3.8 million in a Denver court when a jury found that her civil rights were violated after a SWAT team mistakenly raided her home as she was stepping out of the shower while in pursuit of a stolen truck.
The verdict came thanks to a new Colorado law that allows people to sue police over violations of their state constitutional rights.
Part of her legal team’s argument was that Detective Gary Staab got a search warrant for her home through the Find My app, used to locate lost phones, which doesn’t provide a precise location but rather a general location of where a phone could be.
Speaking of Ransomware. US is all hands on deck when it comes to erection interference. (Yes I am using the MSM version of events).
The Lockbit gang criminal gang had hacked the Fulton County Georgia systems and obtained pretty much everything including apparently data on Trump’s criminal prosecution that is now being prosecuted by the Fanni and Wade reality court TV show.
FBI and EU were able to shut them down. The gang was supposed to release the Fulton County data on March 2nd because they did not get their bitcoin ransom, but it seems that the FBI was able to stop it by seizing their servers with their own reverse hack of a the Lockbit PHP based website, that was not patched. No data was released. FBI also built a decryption tool and sent it to victims to get their files back.
Fun times for sure. The gang is comprised of Polish, Ukranian, and Russian hackers. and lots of warrants were issued.
There is also a $15 million dollar reward. You can even claim it anonymously.
I bet United Health got a sent to voicemail or a call from an JR FBI agent in the Minneapolis office when they sounded the alarm on their ransomware. That is why they paid it for sure, no help in decrypting their data.
https://www.state.gov/reward-offers-for-information-on-lockbit-leaders-and-designating-affiliates/
I know someone who worked for Quatico and well their resources are limited in the labratories etc. They cannot help everyone for sure and erection interference is well the priority. Just like the jihadists were over the mafia…after 9/11.
Just to point this out. There are 500 active bitcoin wallets cryptocurrency for the Lockbit gang containing over 120 million in bitcoin ransom payments.
Every single wallet is being tracked, every transaction washed via a tumbler is tracked. All their bitcoin is now getting harder and harder to launder into real money.
Bitcoin won’t be shutdown because the government made it illegal. It will be shutdown becuase it lost it’s only utility, which is money laundering. Everything else is just speculation.
Zelenskyy is the best Ukrainian hacker. He has stolen billions of American tax dollars. Probably all started with a Phishing email to Biden, doddering old fool gave him the password to Fort Knox.
Fun times for sure. The gang is comprised of Polish, Ukranian, and Russian hackers. and lots of warrants were issued.
Minimum wage workers are not allowed to take off in the middle of the day to go home to vote.
All minimum age workers are working 12 hour shifts? The polls are open for 12 hours or better. Or, have someone do it for you. IDs aren’t required. Hell, come back 2 or 3 times to the polls and claim another name. “Umm… yeah, my name is um.. John Smith.”
Or, do a mail in vote for your dead grandmother. The two methods above are tried and true democrat strategies.
$22m extortion for UNH is not even a rounding error. I’m surprised they didn’t pony up on Day 1 to keep the systems up and minimize the bad press. Report it after the fact to the FBI and SEC.
Just a cost of doing business.
Reminds me of an early deal trip overseas to Germany…eye opening…bribes were still itemized and deducted as regular business expenses and insider trading had just become illegal (the ability to do so was deemed part of compensation). LOL.
Every single wallet is being tracked, every transaction washed via a tumbler is tracked. All their bitcoin is now getting harder and harder to launder into real money.
Even 10 percent is still a nice haul.
United lost about 1 billion dollars due to this.
Your healthcare premiums just went up. Oh, and I should be worried about the Chinese having all of my data.
I’m more worried about corporate America stealing and collecting my data with the government’s help.
And the SWAT video raiding granny’s house. Hehe. Priceless.
“Every single wallet is being tracked, every transaction washed via a tumbler is tracked.”
Was going to use this logic in reply to Lib who argued BTC would disappear as its only utility was money laundering and tax evasion…been a while since those two functions have been practical, ie. you’d have to be an idiot to attempt to do so as an American.
BTC is still around, and should continue to remain so.
Biggest threat I can see is some concentration apparently of ownership, if big blocks of it start to get liquidated you are effectively in a bank run scenario with everyone running for the doors.
In that instance it’s no different than current fiat banking systems.
‘Bone spurs on his little feet’
I’m dying. Hehe. She actually said that. ‘Little feet”
https://youtu.be/rcsxO6rbhlI?t=22
Another good way to launder money is to take it from the US Treasury and send pallets of it to other countries.
$22m extortion for UNH is not even a rounding error.
Was thinking the same thing.
Easiest way to hide something is in plain sight….
re: phoenix’s pallets…
Phil and Tammy, all the money in the world but you can’t buy likability. It also doesn’t help when bear a strong resemblance to rodents. The question now is whether Phil’s alliances will be enough to get her over the finish line.
Start a non profit, drink wine all day, then complain about their kids social media like Tik-Tok- all the time talking crap about each other on Facebook and Instagram.
But the group — Mothers Against Media Addiction, or MAMA — is looking to bring more parents into the fold at the local and state level through grass-roots organizing.
There is a resemblance, and yes, groundhogs are rodents apparently.
https://scontent-lga3-2.xx.fbcdn.net/v/t1.6435-9/146113099_10165332168020144_9090007436183732889_n.png?_nc_cat=104&ccb=1-7&_nc_sid=7f8c78&_nc_ohc=8YaY6n9d1GQAX_bYyg3&_nc_ht=scontent-lga3-2.xx&oh=00_AfAF1X3XlY5nemVOZr2JiX6AloCPm352XT3OJQnMTnmvPg&oe=660EAE9B
Hat tip to Grim and his security team. Still up and running while Facebook, Instagram, and Messenger are down.
Hehe.
Somehow TikTok and China will be blamed.
“and head on out to a National Park where you don’t need to pay since only Geezers get free passes.”
Just got my lifetime NP pass a month ago- $80.
But at 62 I’m hardly a “geezer”.
As in Iraq I and Iraq II under Bush Sr and W?
Phoenix says:
March 5, 2024 at 10:21 am
Another good way to launder money is to take it from the US Treasury and send pallets of it to other countries.
OC1,
Yeah, they jacked up the price on that. 62 you can be in great shape. 65 you will still be classified as geriatric, however.
But here is something I didn’t know. Maybe even Cap’n Cheapo missed this one.
People with diabetes who are U.S. citizens or permanent residents can apply for an America the Beautiful Pass, which offers access to over 2,000 parks, monuments, and landmarks. Plus, national parks’ lover Alex Day, who has lived with type 1 diabetes for 20 years, shares tips for exercising outdoors safely.
While living with diabetes brings many daily challenges, there are a few special opportunities that you may not know about. One of these perks is the ability to obtain a lifetime National Park Pass for free.
Called an Access Pass, this is a free lifetime version of the National Park Service’s (NPS) America the Beautiful Pass, which costs $80 per year. The pass provides access to over 2,000 federal recreation sites, from iconic National Parks – such as Yellowstone, Grand Canyon, and Yosemite – to historical sites, battlefields, and other landmarks.
Very Stable Genius says:
March 5, 2024 at 11:06 am
As in Iraq I and Iraq II under Bush Sr and W?
Under just about all of them.
Phoenix-
If someone’s really cheap, there is a simple “hack” they can use to visit almost any NP for free.
Most (all?) NPs are open 24/7. If you want to avoid the fee, just drive in early before they man the admission gates.
Probably a felony. Federal crime.
But hey, you can empty out a Nordstroms and be out on the street by noon.
Hehe.
To be honest, I’m not sure they care all that much about people going in early and not paying- I think it’s sort of a subtle way to encourage people to visit at off peak hours.
But for the record, when i have entered an NP early, I’ve always paid at the visitor center before I left.
The NPs are awsome, and I believe in supporting them!
Phoenix,
We have a lifetime pass from the D’s Brain tumor. The only problem is, we forget to bring it nearly every vacation.
Does not fit narrative……. MUST SUPPRESS
OPINION
Electric Cars Emit More Particulate Pollution
They have greater tire wear, the source of most particulate matter. California is trying to conceal that fact.
By Michael Buschbacher and Taylor Myers
March 3, 2024 4:03 pm ET
The Biden administration is reviewing California’s plan to ban the sale of new gasoline-powered cars by 2035. To get federal approval, California claims it “needs” this ban to prevent harm to public health from particulate matter—airborne particles like dust, dirt and soot. But banning gasoline cars would do little to reduce particulate emissions, and it could even increase them.
That’s because new gasoline cars are very clean. According to the Environmental Protection Agency, cars emit only about 1% of all direct fine particulate matter in California, and most of those emissions come from older models. The newer gasoline cars that California wants to ban will often have particulate filters that reduce emissions to below one 1/1,000th of a gram per mile driven.
Where do most particulate emissions attributed to cars come from? California speaks as if their primary source is the tailpipe. That was true in the past. But today most vehicle-related particulate matter comes from tire wear. Cars are heavy, and as their tires rub against the road, they degrade and release tiny, often toxic particles. According to measurements by an emission-analytics firm, in gasoline cars equipped with a particle filter, airborne tire-wear emissions are more than 400 times as great as direct exhaust particulate emissions.
California calls electric cars “zero emissions vehicles” because they don’t have tailpipes. That is deceptive. Generating the electricity that powers those cars creates particulate pollution, and of course electric cars still use tires, which are made from petroleum. Electric cars weigh far more than gasoline-powered ones, so their tires degrade faster, as electric car buyers are learning. The same analytics firm cited earlier compared two cars—a plug-in electric and a hybrid. The electric car weighed about one-third more than the hybrid and emitted roughly one-quarter more particulate matter because of tire wear. Total direct emissions went up, not down, when the electric car was driven.
But when California’s air agency analyzed the effects of its ban, it used a model that assumes both kinds of cars have the same tire wear. When the public pointed out the error, the agency doubled down, claiming it would be “speculative” to assume that electric cars will continue to be heavier than gasoline cars. The agency mused that in the future automakers could probably “offset” the weight of heavy batteries with unspecified “weight reduction in other components or the vehicle body.”
California’s bureaucrats have it backward. What’s “speculative” is assuming that electric cars will soon weigh the same as the gasoline cars they replace. Electric cars are 15% to 30% heavier because batteries store far less energy per pound than liquid fuels. While weight differences between electric and gasoline cars have remained roughly constant over the past decade, the only reasonable prediction of trends is for electric cars to get heavier as manufacturers increase battery size to boost range.
Electric car supporters may argue that gasoline cars also contribute to particle pollution by emitting nitrogen oxides, which can turn into particles. But by California’s estimate, most of the predicted decrease in particle concentrations results from its false assumption that electric cars will substantially reduce direct emissions of particulates, not nitrogen dioxide.
Before California can set any emissions standards for cars, it needs the EPA’s approval. But don’t hold your breath expecting scientific integrity. The EPA’s own emissions model falsely “applies the same tire wear emission rate for all vehicle fuel types (gasoline, diesel, flex-fuel, CNG or electric),” completely ignoring the differences in weight.
Why are California and the EPA so eager to push electric cars when they will increase what EPA administrator Michael Regan calls “one of the most dangerous forms of air pollution”? That’s a good question. Perhaps someone should ask them under oath.
Mr. Buschbacher is a partner at the law firm Boyden Gray PLLC. He served in the Justice Department’s Environment Division (2020-21). Mr. Myers is a research fellow at Boyden Gray and holds a doctorate in mechanical engineering.
Radicalized trump supporters are far too gone to ever believe in climate change
Very : So are you saying the article is false?
No, he’s just deflecting and trolling as usual….
Worse than Pumps in his prime…
Batteries and solar panels are filthy. The danger in radical environmentalism is the idea that CO2 is worse for you than real pollutants.
Dogma is science of the left. It’s why they have those dumb yard signs. Tell themselves they really think critically. Same with the covid responses, there was never any settled science underpinning it. Just huge power grabs. Those who question it are now the “radicals.”
Very Stable Genius says:
March 5, 2024 at 7:32 am
“Yep, y’all living longer thanks to Socialists Obamacare.”
Apparently the drugs and murderous riff-raff coming across Joe’s Open Border are having a bigger impact than Oblamacare — from Harvard School of Public Health: “U.S. life expectancy has declined to 76.4 years, the shortest it’s been in nearly two decades, according to December data from the CDC.”
Batteries and solar panels are filthy.
What’s the fuss. A little cadmium in your tossed salad puts hair on your chest.
Can confirm: I am on my second set of tires @ 35K miles. It’s just so much fun to drive, that I’ve come to accept increased tire wear as a ticket to play.
“Batteries and solar panels are filthy.”
As opposed to oil production and coal mining, which are such environmentally friendly technologies.
Hey, does anybody know when that Fellation Reduction Act kicks in? Getting my shrink-fellated Toasty Oats cereal from Aldi’s is starting to get depressing.
OC1 So why the big push from one dirty source to another dirty source, when both production methods are unfavorable to the environment?
How are those Hypertubes coming along?
3b-
Is manufacturing solar cells dirtier than drilling for oil or mining coal?
Once you’ve got the oil, the coal, and the solar cells, which tech is cleaner when it comes to generating elctricity?
I’ve lost more money today than any of you guy sare paying for your kids to go to aan overvalued university for a year. :P
OC1-
Thats the thing, there really has not been a well conducted life cycle study (cradle to grave) that considers all the costs associated with Solar vs Oil that I have seen.
The strip mining of rare earth metals, transporting their mass across the world for refinement, transporting again for manufacturer, transporting for sale, installation, and then collection for non-recyclable waste (and all the waste and energy expended at each of those stages) is not insignificant and needs replacement every 25 years.
“Which tech is cleaner when it comes to generating electricity” is a bit short sighted. I have solar on my roof, but I don’t believe it is as environmentally clear cut as its made out to be.
https://getyarn.io/yarn-clip/6fa6ee94-672f-4b0b-84c6-8e497be2941b
On rare occasions, Pumpkin shows some partially redeeming qualities. In his way, he lauds personal effort, aspires to the American dream, has some personal aspirations. He says some of the most idiotic things, etc, etc, and can’t be debated with.
VSG, as far as I can tell, has no redeeming qualities. An anti-American leftist nihilist.
I exited out of my trade on bonk two days ago….at 141% in a week and half….it ran up more after i sold…I left 35k on the table by selling too early, so messed up, but I had to follow my gut..take the money off the table…can’t be perfect…I made some real good money on this last run up. Now patiently wait for next opportunity.
Libturd says:
March 5, 2024 at 3:02 pm
I’ve lost more money today than any of you guy sare paying for your kids to go to aan overvalued university for a year. :P
I will tell you this about solar and wind. In America, there is no better way to get government dollars than to donate to a politician and open a solar or wind company. The fact you don’t actually have a product or service matters little. You just resell Chinese panels and take a >200K salary. Your wife, does too. If it were not for the quid pro quo. Solar panels would still only be found on calculators.
This!!
You know what the problem is? Trying to find an honest assessment that doesn’t benefit monetarily from either side.
A Home Buyer says:
March 5, 2024 at 3:07 pm
OC1-
Thats the thing, there really has not been a well conducted life cycle study (cradle to grave) that considers all the costs associated with Solar vs Oil that I have seen.
OC1: What about the electric car batteries, they cannot be recycled from what I understand. And, they end up in landfills.
It’s not just what’s happening while generating. There is a gigantic amount of solar now coming off grid because it has reached its life time. We have no way of disposing these things nicely. There’s gonna be a lot of pollution leaching out from those things. The whole equation is never presented.
Everything is just boiled down to “electric good, gas bad”.
As opposed to oil production and coal mining, which are such environmentally friendly technologies.
Nuclear buddy…get on board
BRT,
You have to get the regulators on board for nuclear. They are the ones who made nuclear cost-uncompetitive. That bitch Jane Fonda really fucked America with her unscientific China Syndrome movie.
About the most environmentally friendly thing the US can do is frack the shit out of every little bit of shale possible and slam tons of LNG into export ships to all points of the globe. Every coal fired source replaced with super cheap LNG is not only environmentally beneficial, it also fucks over Russia and Iran in the pocketbook.
They can actually frack cleanly too, if regulations are put in place. Most of the pollution is around the water used during the drilling. It can be filtered, reused and the filters can be burned themselves to power the next clean filter processing.
Now the earthquakes? That may be tricky.
All of the CO2 generated by burning fossil fuel is in fact recycled.All of it will be eventually be consumed and recycled by nature.
CO2 has been as low as 180 million parts per million and as high as 4,000 parts per million. Where does it need to be? Some say 320 parts per million, but nobody is sure as we are at 420 parts per million today.
I can tell you now no amount of electric cars will slow down the CO2 concentration increasing as the worldwide population continues to grow. Electricity generation and heat production are the largest two producers of co2, and more electric cars will only add to that the number of power plants needed to charge up 0.35 kWh per mile driven in an electric car.
Governments are only temporarily tolerating LNG due to necessity. They want to kill that too, longer run. It’s difficult to make investments in the billions for assets with 20+ year lives, when you know that green regulators want to destroy your investment into LNG infrastructure ASAP.
Qatar will be expanding LNG fields, because the govt regulates their own project.
Also, eventually Russia’s piped natural gas will probably get turned on again, and is cheaper than LNG. Again, it’s kind of risky to bet against that ever coming back, when your LNG projects are huge and need 20 year lives to deliver good ROI. Most customers don’t want to sign on for such long supply contracts, knowing that using LNG could be illegal before time’s up due to green regulation.
LNG isn’t that low on CO2. Some of the biggest fields tend to have methane mixed in, so mitigating that jacks up development costs, as they have to bury it back underground.
Study energy from an investment perspective and you come to learn that government regulations and taxes make up a huge portion of the world’s energy costs. Truly free markets in energy would have a world with dramatically lower costs. More nuclear, cheaper gas, cheaper electricity, cheaper cars too.
new indictment and more charges for Menendez.
“Alleged attempts to cover up the bribery scheme, including by having their former lawyers give misleading information during meetings with federal prosecutors.
Prosecutors allege that the senator caused his then-lawyer to meet with prosecutors in June 2023 and September 2023 to argue that he had been unaware until 2022 of the $23,568 payment one of the New Jersey businessmen made on the mortgage of Nadine Menendez’s house or the car payments.
His attorney also told prosecutors the payments were loans, according to the indictment. Checks written by the senator to repay “loans” were turned over to prosecutors.
“In truth and in fact, and as Menendez well knew, Menendez had learned of both the mortgage company payment and the car payments prior to 2022, and they were not loans, but bribe payments,” according to the indictment. Prosecutors allege Nadine Menendez also caused her attorney to make false statements to authorities.”
BRT/No One-
I’m all for nuclear. But it’s a tough sell in a lot of places.
Regulators didn’t shut down Shoreham and Indian Point; public opposition did.
“All of the CO2 generated by burning fossil fuel is in fact recycled.All of it will be eventually be consumed and recycled by nature.”
Eventually is a long time- in the case of CO2 it will take thousands of years.
“CO2 has been as low as 180 million parts per million and as high as 4,000 parts per million. Where does it need to be?”
Since CO2 levels are a major control of global temperatures and overall climate, we should strive to keep CO2 levels as close as possible to the levels that have existed over the past hundred years- when our water supply, agricultural, transportation, etc. infrastructure was designed and built.
OC1 – 180 parts per million was 20,000 years ago. Not really all that long ago. It won’t take long for the earth to rebalance itself.
The population momentum is the problem I describe…… It’s a third rail discussion.
less people = less demand = less C02…..
LNG is roughly 90% methane. Co2 is what you end up with after you burn it for the most part.
“I’ve lost more money today than any of you guy sare paying for your kids to go to aan overvalued university for a year.”
Uhm, not really a brag?
Don’t think you’re in Qs, but if you want to do something to manage your risk at top of market using them as an example – they are at 440 now – for every round lot (100 shares) you can write a 3/28 452 call and buy a 3/28 427 put.
It would cost you nothing, the brokerage would actually pay you enough to put on the trade to cover commissions. You protect yourself for anything more than a 3% drawdown by surrendering any gains greater than 3% over the next 22 days…
Just trying to help you from coming on here after a market meltdown and noting you’ve lost more than most people’s house equity…lol.