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Joined 1 year ago
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Cake day: June 16th, 2023

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  • Their names are on the titles, they own the homes. Their banks - the mortgage lenders - hold a rights to a lien placed on the property, but they have no title to the property unless they enforce the terms of their lending contract in the event of default.

    The owners making 500k may very well be just a few months from foreclosure if they lose their job, but they likely have at least 20% (likely much more unless they bought at a premium two years ago) equity and can probably salvage at least half - even after fees - if they were to become “destitute” and undertook a regular sale of the property. 10% of a million dollars (or more), for most of the country, is still a healthy sum of money.





  • Solid fuel for rockets burns relatively slowly at 1 atm and in solid form, much like a flare, though still faster than I would expect you’d want for a hot pot unless these were a hybrid (so no oxidizer in the pellets, just a solid fuel source like modified PVC, with a separate oxidizer like nitrous oxide). The water was replacing the jet fuel, which - assuming it was similar to Jet A - is basically kerosene. Though I’d be worried what modifiers or stabilizers were used for a green flame if I were cooking over it. I’ve made green flames with boric acid and methanol for Halloween decorations (outdoor, of course), but who knows what is causing it in their fuel.


  • Having lived through it, it really does feel weird though. I (mostly) missed the gasoline crisis (I was a child). It’s hard to imagine gas pumps all over the US being out of gasoline, and mile long lines waiting for a tanker to show up so you could get gas. It’s pretty much impossible to imagine staple rationing (butter, sugar) during wartime in modern US. I certainly didn’t live through it - having the TP aisle empty during covid doesn’t quite match that. And the actual (1930s) depression. I suspect those folks would consider the crashes of 87 99 01 08 and 20 minor annoyances - a bad Tuesday - compared to what they lived through.

    Think of this, though - you have Covid. Okay we have Covid. That’s a world-wide event with life-changing implications for so many. And, we can hope, we don’t get another pandemic event of that magnitude in our lifetimes. And a decade or two from now you can lord it over some kid who was born in the last 3 years and just “doesn’t understand” that “closing school for three days because the flu is so bad” is not a pandemic, and that they just don’t understand what a game changer Covid was. ;-)





  • My only reason to believe that is not what is happening is that China, and the Chinese, are too smart to using coal as a peaking or emergency source of power. The only thing worse than coal for peaking is nuclear. Oil, Gas, and hydro are all much better for short-to-mid term peaking and batteries - something they’re very good at and have vast resources for - are perfect for short term emergency/failover loads. I believe (without documentation) that they are building extra capacity for the possibility of another expansion - the incubation of so many “third world” economies and partnerships across Asia and Africa to spur demand for their domestic production. If they don’t use it, it was a jobs program; if they find they need it, they will accept short term cash and economic power for a worsening of the world environment. In a way, the largest communist country on earth is also the largest capitalist power. Ironic.


  • his past year, China couldn’t run their hydro at peak capacity because of a drought.

    Well, yes. The simple facts we have are that fossil fuel use is up. What happens next year will be speculation, but what we know is that they are using more coal this year, and they are hedging their future bets by building out their coal generation capacity. So if climate change means a further drop in hydro output, or more cloud cover where they install solar, or they need to make more power than they’re installing because the world wants more steel (I’m in the building industry and steel supply is still a bit tight) - they can start belching out a massive amount of CO2.

    Only time will tell - and I hope you turn out to be the one who is right :-)




  • I presume “decline” is used in the percentage sense and not the absolute sense. If the total power amount of carbon-based fuel generation plants is increasing, and the fuel is coal ©, then the carbon emissions must go up in an absolute sense. But the rapid deployment of non-carbon fuel power sources are increasing faster than the the carbon based, so percentage will go down. Am I reading this wrong?

    Also, in a linked article: "And, as Myllyvirta highlights, numbers in the communique stating that coal consumption rose 4.3% in 2022 and total energy use rising 2.9% “appear to contradict weak or falling industrial output”

    So consumption of coal - the most carbon-producing fuel - rose in 2022, and according to this article their energy consumption jumped again after Covid restrictions were lifted this year. Renewable installation is rising faster than carbon installation (280GW installed this year vs 136GW of coal “under construction”). The data given in these articles seems intentionally inconsistent, from annual installation (only given for renewable) to total capacity (only given for future Coal). One has to wonder if The Guardian is running their articles through some kind of Donald Trump AI filter to ensure that no verifiable content gets printed.