Chris Wright, the United States Secretary of Energy, marvels that people can spend so much to achieve so little:
“Germany invested half a trillion dollars, more than doubled the capacity of its electricity grid — and today produces 20% less electricity than before that investment, selling it at three times the price.” — 13 min
“The lucky one billion — including everyone in this room — consumes about 13 barrels of oil per person per year. The other seven billion want to live like we do, but they consume about three barrels per person per year.”
It’s so nice to hear grownups talking:
Some extracts of his interview:
The tale of a remarkable transition from energy importer to energy exporter:
“Look at what’s happened in the United States. We’ve tripled liquids production in less than two decades. We are by far the world’s largest producer. We’ve more than doubled natural gas production, and it’s still growing fast.
This is phenomenal. Lower costs, lower prices — it has transformed the world. It’s hard to overstate the impact of the U.S. shale revolution and what all of you have done.
Total energy use in the US is still 72% oil and gas:
“One thing you never hear about: total primary energy consumption in the United States — over 72% now comes from just two energy sources: oil and natural gas. Record-high market share, in addition to record volumes. That doesn’t sound like a dying industry I’ve been hearing about for the last 15 years.
But when you roll over to the electricity sector, it’s a very different story.
In oil and gas production we’ve seen declining capital intensity, increasing efficiencies, and surging production. In electricity? Surging investment — gigantic amounts of money flowing in — and what’s the net result?
Almost no growth in electricity production, but significant growth in electricity prices.
The world isn’t going to copy the UK and Germany (or Australia):
“If you make electricity more expensive, and people don’t know where policy is heading, energy-intensive industry leaves your country. The United Kingdom and Germany are experts at that.
Germany invested half a trillion dollars, more than doubled the capacity of its electricity grid — and today produces 20% less electricity than before that investment, selling it at three times the price.
That is not a winning model. That is not what the world is going to duplicate.
We spend $10 trillion dollars to convert about 6% of global energy to solar and wind power:
Our industry is about physics, numbers, math — but when it comes to climate change, we check rationality at the door.
It’s only about decarbonizing and claiming we’re in the middle of an energy transition. I think we’re actually in the midst of the greatest malinvestment in human history.
Globally, about $10 trillion has been invested nominally in fighting climate change. What did we get for $10 trillion?
About 6% of global energy comes from these sources after $10 trillion of investment — and everywhere penetration is high, prices have gone up and industry has left.
If you close a factory in the Midlands and move it to Asia where it runs on coal, then ship the goods on diesel ships — that’s not fighting climate change. That’s de-industrializing your nation.
Oil, gas, and coal run the world. Full stop.
At the time of the Yom Kippur War, 85% of global energy came from hydrocarbons. That crisis launched the energy transition movement over 50 years ago.
Today? 85% hydrocarbons.
Let’s engage with reality. Oil, gas, and coal run the world. Full stop.
You can’t make a wind turbine, a solar panel, or a nuclear power plant without massive amounts of oil, gas, and coal. That’s how the world works.
The lucky one billion — including everyone in this room — consumes about 13 barrels of oil per person per year. The other seven billion want to live like we do, but they consume about three barrels per person per year…
Electricity should be getting cheaper:
For a century, electricity got cheaper and more reliable. We reversed that. Now it’s more expensive and less reliable.
If current trends continue, by 2030 blackouts could be 100 times more common.
Half the states have renewable portfolio standards. Those states have over 50% higher electricity prices than states without them.
If you do crazy things, you get bad results. See Germany. See the UK. See California.
Energy costs should be rising lower than inflation:
States with renewable portfolio standards have seen electricity prices increase at twice the rate of inflation. States that don’t have RPSs — unfortunately they also had increasing nominal electricity prices — but below the rate of inflation.
We should be seeing trends in electricity prices way below inflation.
The biggest source of electricity in the United States by far is natural gas. What has the price of natural gas done over the last 10 or 20 years? It’s plummeted. What has availability done? It’s surged.
More demand for electricity makes electricity cheaper
When people worry that AI demand will push up costs, Chris Wright points out that the US states that have grown their electricity output have also reduced their price of electricity. (Presumably this is because the states that depend on industry and manufacturing build serious generators instead of dancing around the renewable maypole.)
If you plot states that have grown their output of electricity — meaning re-industrialization or new demand — the faster the growth in demand for electricity, the lower the rise in price.
North Dakota is the champion: over 30% growth in electricity output, and electricity prices have actually declined. All the other states that have had flat or below-inflation price increases have had growing production of electricity.
And the champions on the other end — California, New York, Massachusetts, Maryland — that have had skyrocketing electricity prices: all of them produce less electricity today than they did five years ago.
There is something prosaic about ministerial titles in the USA. Chris Wright, is the Secretary of Energy and knows exactly what his primary task is, unlike the Australian Minister for Coal, Oil, Gas, Corals, Koalas and Weather Control.
Finally! Trump kills off funding and support for 66 international agencies, promises more to get the axe
The United Nations finally gets some accountability after serving itself or foreign dictators for decades. Trump isn’t just withdrawing from The Paris Agreement, he’s gone for the nuclear option of pulling out of the UNFCCC completely.
The WHO could have stopped Covid, instead they actively help spread it and covered up for the Chinese Communist Party. They look, act and behave like a larval form of One World Government — constantly trying to pass agreements that take over sovereign control or generate funds for the UN. They dream of setting up a Global Pandemic Treaty where they can dictate what injections you must have, what drugs are permitted, and get access to your medical data. These are not just pie-in-the-sky ambitions, the UN already effectively stopped unvaccinated Australians from leaving the country during Covid.
There should be a Royal Commission into the politicians and media outlets who sold out the nation to support the UN, like those that signed the Pandemic Treaty, and the Carbon tax on shipping.
From Marco Rubio: Withdrawal from Wasteful, Ineffective, or Harmful International Organizations
Today, in furtherance of Executive Order 14199, President Trump announced the withdrawal of the United States from 66 international organizations identified as part of the Trump Administration’s review of wasteful, ineffective, and harmful international organizations. Review of additional international organizations pursuant to Executive Order 14199 remains ongoing.
The Trump Administration has found these institutions to be redundant in their scope, mismanaged, unnecessary, wasteful, poorly run, captured by the interests of actors advancing their own agendas contrary to our own, or a threat to our nation’s sovereignty, freedoms, and general prosperity. President Trump is clear: It is no longer acceptable to be sending these institutions the blood, sweat, and treasure of the American people, with little to nothing to show for it. The days of billions of dollars in taxpayer money flowing to foreign interests at the expense of our people are over.
As such, the United States will be withdrawing from the 66 organizations that can be found here.
As this list begins to demonstrate, what started as a pragmatic framework of international organizations for peace and cooperation has morphed into a sprawling architecture of global governance, often dominated by progressive ideology and detached from national interests. From DEI mandates to “gender equity” campaigns to climate orthodoxy, many international organizations now serve a globalist project rooted in the discredited fantasy of the “End of History.” These organizations actively seek to constrain American sovereignty. Their work is advanced by the same elite networks—the multilateral “NGO-plex”— that we have begun dismantling through the closure of USAID.
Donald Trump has sparked outrage by announcing the US will exit the foundational international agreement to address the climate crisis, cementing the US’s utter isolation from the global effort to confront dangerously escalating temperatures.
“This is a shortsighted, embarrassing and foolish decision,” said Gina McCarthy, who was a top climate adviser to Joe Biden’s White House.
“As the only country in the world not a part of the UNFCCC treaty, the Trump administration is throwing away decades of US climate change leadership and global collaboration. This administration is forfeiting our country’s ability to influence trillions of dollars in investments, policies and decisions that would have advanced our economy and protected us from costly disasters wreaking havoc on our country.”
Manish Bapna, president of the Natural Resources Defense Council, said Trump’s decision to exit the UNFCCC is an “unforced error” and “self-defeating” as it will further hamper the US’s ability to compete with China, which is increasingly dominant in the world’s burgeoning clean energy technology industries.
Trump serves oil billionaires, says Al Gore!
Gore, the former US vice-president and climate activist, told the Guardian:“They’ve done this at the behest of the oil industry, so that billionaires can rake in even more money while polluting our planet and endangering people in America and around the world,”…
Lordy! It’s just another catch in a low density energy grid
If your neighbor builds an industrial wind turbine plant, you might need developmental approval to build anywhere close to them even on your own property. Why? Although wind turbines are officially wonderful, the people living in the new home might file a noise complaint which will lead to ‘operational risk’, and ‘investor uncertainty’.
Neighbourhood row blowing in with WA wheatbelt wind farm plans
By Paige Taylor, The Australian
The WA Cook Labor government is preparing to adopt contentious rules which could prevent farmers from building a dwelling on their own land if it is deemed too close to their neighbour’s wind turbine, as the West Australian wheatbelt becomes the next frontier for renewable energy companies.
Current modeling typically suggests gaps between homes and turbines of 1.5 kilometer (~1 mile).
WA Planning Minister John Carey said the proposed renewables code, open for public comment until April, encouraged early engagement with communities.
“Proposed mandatory noise modelling aims to ensure turbines comply with noise limits, which typically results in a minimum separation of around 1.5km between turbines and noise-sensitive land uses such as a house,” he said.
We can all see where this is going. Soon, new wind plants will have to compensate neighbors for the loss in amenity and use of their own land. So the cost of wind energy will rise even further.
Who would have thought that collecting energy spread over thousands of square kilometers could have an impact on the air, the rain, the birds, frogs and mammals living underneath them?
Psychologists have finally run a massive test of climate communication strategies, — and they all fail.
A new megastudy of more than 13,000 Americans tested the ten most cited climate-messaging strategies drawn from 157 previous papers. Twenty-four co-authors from five countries were involved. They wanted to find the paragraph — the killer framing — that would change beliefs, shift behaviour, or, ideally, persuade people to part with some cash. They didn’t find it.
Probably the most newsworthy finding is that there is a vast pool of grant money available to study rehashed minutiae of how to sell weather-changing sorcery to the jaded public. It’s a full time Blob Psy-Op machine to “nudge” the voters. If only they spent some of this money checking the science before they fine tuned the fear campaign?
This is a Psy-Op machine in search of a slogan
They call this research “science” but it’s more like corporate message-testing in advertising. And it’s done for free at universities to help the industry. The goal here is not to understand the human condition, it’s to sell a carbon tax or a solar panel.
The study would not have been cheap — They not only surveyed thousands of people, but they did it before a ‘treatment’ and again afterwards. The ‘treatment’ they offered people was to read a few short paragraphs of what the researchers thought was a persuasive message — but in reality was just a rehash of themes they have been beating us over the head with for years.
They were hoping to find a useful phrase that reached Democrats or Republicans and pulled out some cash, or shifted behaviour. But they did not hit paydirt. The results were so bad, they even had to admit they barely moved the dial. Despite the massive numbers taking the survey, they could barely reach statistical significance on anything. It was a wash…
PhysOrg: In a study involving more than 13,000 participants in the U.S., several messaging strategies were shown to move the needle—albeit slightly—in attempts to strengthen pro-environmental attitudes and behaviors regarding climate change. None, however, was effective in spurring people to put their money where their mouth is.
Basically a few people seemed more convinced about climate change after their ‘treatment’ (for the next five minutes) but almost none of them cared enough to donate money to stop it.
The paper almost never gives answers as solid percentages, probably because the absolute numbers were so pathetic. One percentage they supplied was that “treatment conditions increased belief in climate change by 1.16 percentage points….” And remember, this is the result a few minutes after being exposed to the key paragraph. A week later it will be nearer to 0%.
They were also surprised at what they didn’t find– political division: “And, perhaps most surprisingly, messages’ persuasiveness varied little between Democrats and Republicans.”
So after years of politicization and polarization the researchers were surprised to find that that Democrats and Republicans were both human? If they could have found some difference, it would have been the headline — Democrats, open to persuasion! Republicans, sticks-in-the-mud!
The ten themes are explained at the bottom: Essentially the Republicans were slightly more moved by the patriotic maintenance of the “purity of American land”. Democrats were slightly more moved by being nice to people and touchy feely stuff.
When reading these graphs (they have about 45), the dots on the right of the zero line, were theoretically “positive” and therefore changed opinions (if we ignore most of the error bars).
Ironically, the only dot below with any statistical significance is the one that suggests that making claims of economic or jobs gains to Republicans will reduce donations. Obviously, Republicans just don’t believe that stuff anymore.
Consensus is still the only winner (for them)
The main argument for believers is still the profoundly anti-science line that truth is what the annointed Gods of Science say.
But every time anyone mentions the Petition Project, we win
When it came to changing beliefs, the “consensus of experts” was the most reliable argument to influence people. New readers may not be aware the Petition Project was an extraordinary survey of scientists in the US which proved that there was no consensus. Nearly twenty years ago, 31,000 scientists including 9,000 PhD’s were willing to sign a strong statement of dissent. Naturally, the legacy media didn’t mention it, even though it was a larger, longer list than any the believers ever arranged. So most people have never heard of it.
Bizarrely, in their theme called Scientific consensus 1 — the researchers talked about the “expert consensus” but also tried to also ‘innoculate’ readers against the Petition Project. And they may have done more harm than good. In trying to debunk the Petition Project they inadvertently opened the average persons eyes to news that there was a scientific debate and it has been surpressed. In contrast Scientific consensus 2 (which didn’t mention the Petition Project) was received as more persuasive in almost every situation. The only time Consensus type 1 was a winner (for believers), was when it worked on Democrats to elict a few more donations. In that case talking to climate activists about “the battle” reminds them of which side they are on in this tribal war. They may feel like the victims battling a big machine (31,000 evil denier scientists!).
The only thing we really learn in the MegaStudy is just how much money The Blob has thrown at polishing its communication memes in order to squeeze a tiny bit more compliance with climate grift and graft.
PS: One of the 24 authors was the infamous Stephan Lewandowsky, well known for studying skeptics by placing surveys on sites that hate and mock them. This is the man who once surveyed a 32,000 year old respondent. He’s still around.
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APPENDIX: The ten top favourite climate-messaging treatments:
Binding framing — Argues that mitigating climate change aligns with patriotic, family, and religious values.
Scientific consensus 1 –Emphasises scientific agreement on human-caused climate change and explicitly inoculates against sceptical narratives, including the Petition Project.
Scientific consensus 2 –Emphasises scientific agreement on human-caused climate change and inoculates against a vague “fake debate” strategy, without naming specific dissenting groups.
Dire but solvable framing –-Stresses that climate change consequences are severe, but solutions exist.
Compatible solution framing –Argues climate mitigation can be achieved while remaining consistent with free-market principles.
Gains framing –Highlights benefits and positive outcomes from mitigating climate change.
High social distance framing — Focuses on climate harms affecting a socially distant group (e.g., Chinese farmers).
Purity framing — Frames mitigation as protecting the purity and cleanliness of American land.
System preservation framing — Argues that climate mitigation helps preserve the traditional American way of life.
Warmth framing — Appeals to caring for fellow citizens and social compassion.
REFERENCE
Voelkel, J.G., Ashokkumar, A., Abeles, A.T. et al. A registered report megastudy on the persuasiveness of the most-cited climate messages. Nat. Clim. Chang. (2026). https://doi.org/10.1038/s41558-025-02536-2
They wanted to “cut the juice to the ruling class”
Saving the world now means committing arson, and cutting off grandma’s electricity for days in midwinter Germany.
The attack burned through a cable connected to one of Berlin’s gas plants. The so-called Vulkangruppe (Volcano Group) claimed responsibility and published their manifesto online in German.
German leftwing militants protesting over the climate crisis and AI have claimed responsibility for an arson attack that cut power to tens of thousands of households in Berlin.
As state security authorities opened an investigation into the cause of the blaze near the Lichterfelde heat and power station that damaged several high-voltage cables, the Vulkangruppe (Volcano Group) said it had deliberately targeted some of the city’s wealthiest districts.
In a 2,500-word pamphlet seen by the Guardian which a police spokesperson called “credible”, the group said it had aimed to “cut the juice to the ruling class”.
This is what happens when one side of a debate is silenced. The voices in the heads of the crazy people are the university prophets who are paid to whip up fear and angst:
Politico: “In the greed for energy, the earth is being depleted, sucked dry, burned, ravaged, burned down, raped, destroyed,” the group, which is listed by Berlin’s intelligence services as a left-wing extremist organization, said in the letter.
“The aim of the action is to cause significant damage to the gas industry and the greed for energy,” its authors wrote. The group has used similar means to communicate in the past, and Berlin police believed the letter to be genuine.
These are the footsoldiers of Antonio Guterres and his boiling oceans. You can only sing Mass Extinction for so many years before impressionable teens become unhinged, or adrenalin junkies seek you out to fulfill their thrill-seeking desires. If the world is about to end and someone has the urge for arson, what better excuse is there? These little boys can play Climate Batman and Save The World.
After the unrestrained hyperbole from the highest sources, it’s only a hop, skip and a jump before ideologues decide that arson and sabotage are not only justified—but morally required. When elites declare it’s the end of the world, they can’t feign innocence when some people act as if it’s the end of the world.
Meanwhile the Greenie minions are wound up by the old Class Warfare marxist trope. They think they are taking the fight up to the greedy gas barons, and people in the wealthiest postcodes, but don’t realize these are just decoy targets, designed to keep the greens busy while the Bankers make billions, the politicians get a peace prize and a job with the UN, and China makes its sales figures. The Greens fall for it every time. They are the best friends of The Bankers.
But we don’t need to silence the high priests of gloom, we just need free speech (and to cut off their funding).
In a normal society, deranged prophets of doom get mocked. In a corrupt society, they get a government grant, or they get elected so they can pass laws banning people from mocking them.
He reminds us of a paper from a few years ago showing that the richer we all are, the less likely we are to die from floods, cold, drought and wind.
When we adjust against GDP per capita we find that GDP itself is the big protector of humanity.
The best thing we can do to help Africans defeat climate hazards is not to send them solar panels, but to help them get filthy rich.
And anyone who cares about vulnerable people will be protesting at the reckless destruction of what was a cheap, efficient electricity grid. We will surely kill more people by reducing our GDP with unreliable generators, than we will ever save with solar panels.
Once income is accounted for, the apparent relationship between climate hazards and mortality largely disappears. In other words, economic development—not renewable energy—dominates human survival outcomes.
Follow the Science, girls and boys,
If man-made emissions do anything at all, the more we emit the lower the death rates are. We can see that as man made emissions ramped up from 1980 to 2010, deaths due to extreme weather fell.
In the renewable frenzy of the early 2020s Ÿnsect raised €600 million to “Reinvent the food chain” and pioneer alternative foods that “respect the planet’s boundaries”. Some $200 million of their funding came from hapless taxpayers somewhere. But in record time, seemingly before it began, it has already gone. Bankrupted. And not because people don’t want to eat mealworms (which they don’t) but because there wasn’t much market in making animal feed either. It turns out that farm owners didn’t want to spend 2 to 10 times as much on “sustainable” cattle fodder. So the company shifted focus to high end pet food, where besotted owners have money to spare, but that crashed too.
The company’s demise is hardly a surprise, as Ÿnsect had been embattled for months. Still, there is plenty to unpack about how a startup can go bankrupt despite raising over $600 million, including from Downey Jr.’s FootPrint Coalition, taxpayers, and many others.
Ultimately, Ÿnsect failed to fulfill its ambition to “revolutionize the food chain” with insect-based protein. But don’t be too quick to attribute its failure to the “ick” factor that many Westerners feel about bugs. Human food was never its core focus.
It’s only money…
And revenue was the problem. According to publicly available data, Ÿnsect’s revenue from its main entity peaked at €17.8 million in 2021 (approximately $21 million) — a figure reportedly inflated by internal transfers between subsidiaries. By 2023, the company had racked up a net loss of €79.7 million ($94 million).
The vainglorious heady days of climate communism meant some bureaucrats thought it made sense to spend $200 million dollars feeding bugs to cows to try to change rainfall in 2100 AD.
Defenders of the faith will say this bug factory expanded far too fast, and it’s not the bugs that failed but the management. But the factory was plagued with problems from the start — including diseases, parasites, and fat worms that clog the machines.
In the biggest irony, insects need high temperatures to grow fast and the energy costs were killing them:
Behind this exciting showcase, the technical difficulties quickly become apparent. By attempting to raise mealworms (Tenebrio molitor), the company ventures into relatively unknown territory. It faces numerous complications: diseases, parasites, overly fatty worms clogging the machines, etc. Furthermore, insects require a high temperature to grow quickly (over 25°C), which leads to high energy costs, exacerbated by rising prices resulting from the war in Ukraine.
This is a dragon that eats its own tail.
The Green revolution kills the green revolution because energy is too expensive. Not to mention that fantasies of weather control attract terrible managers.
Sadly due to new anti free speech laws some topics are going to be difficult to discuss here. I will get legal advice but on the meantime please assume that some topics are radioactive. Sorry.
Moderation may be heavy and slow. Past unthreadeds have been temporarily made private until more information makes the policy clear.
No wonder the climate experts are not that interested in the historic data.
You might think that if the world was going to hell in a handbasket, that climate scientists would want to get all the data they could and pore all over it carefully.
Kenneth Richard at NoTricksZone has found a study of 60 million temperature readings. It shows the world was warming faster in the first half of the 20th century even though there was 8 times less man-made CO2 around.
Man-made CO2 (black) can apparently cause big warming, big cooling, or anything it wants (orange).
You can’t look at the graph above and say: CO2 is Earth’s control knob.
And the table lays out the trends, and the cumulative CO2 emissions. It’s the simplest thing, and all the old data was there all along. Anyone could have done most of this in 1995, and saved us from wasting a few trillion dollars.
Critics will counter that these temperatures are only on land, and mostly in Europe and the United States.
However, it’s a global emergency you know and this is the best data we have. Shouldn’t the experts, at least, be interested?
Shouldn’t they be honest enough to have published this, and discussed it with those who pay their salaries? I mean, it doesn’t exactly fit with the 97% certainty thing, does it?
Bibek Bhatta tried versions of the 100 best stations, and also the full 1,622 station mix. They tried analyzing it by tight clusters, but it didn’t matter how he cross checked it — the answer came out the same. CO2 isn’t the controller.
Remember how biodegradable plastic was going to make the world a healthier place? It would save us all from the horrible plastic landfill that lasts 1000 years, and it would protect the dolphins. Well, let’s just hope the dolphins don’t eat the bags.
Despite the rush to put biodegradable bags in every shopping centre, no one had bothered to study whether it had an effect on our health, and we still don’t know, but we can say that the mice on that compost heap with these biodegradable bags will be more likely to have diabetes, smaller ovaries, and liver damage. Degradable plastic affected their gut flora. The authors say: “Prolonged exposure to environmentally relevant doses of Starch-based microplastics can have widespread health effects.”
How many native mice will die that could have been saved, and do the Greens care?
While many studies have examined the health implications of ingesting petroleum-derived microplastics, none have looked at the long-term health effects on a living organism ingesting starch-based microplastics. To help elucidate the safety of these ecoplastics, Deng and his team used a mouse model to simulate long-term exposure to varying doses of starch-based microplastics. (J. Agric. Food Chem. 2025, DOI: 10.1021/acs.jafc.4c10855) They incorporated various concentrations of starch-based microplastics into the animals’ food, scaled to reflect typical human exposure; after 3 months, they euthanized the mice to probe the impacts of no, low, and high consumption of microplastics
Notably, the exposed mice consistently had elevated blood glucose levels and disrupted insulin regulation—both heavily implicated in conditions such as diabetes.
Organ-sample analysis revealed system-wide physiological changes, including reduced ovary size, liver damage
and inflammation, and impaired colon function. “Starch-based microplastics [SMPs] exhibit widespread harm, potentially affecting multiple tissues and functions,” Deng says. “Given that humans also face real-life scenarios of chronic exposure to starch based microplastics, these findings serve as an important warning regarding their potential health impacts.”
In lab tests normal plastic bags didn’t harm the cells.
‘Biodegradable starch-based plastics may not be as safe and health-promoting as originally assumed,’ said Professor Yongfeng Deng, one of the study’s authors.
In a previous study the researchers compared the compostable bags to normal plastic bags after they had been left out in the sun and composted. But when they put them next to fish cells, “A ‘high level of toxicity’ was produced by the biodegradable bags, harming the fish cells,”
Cinta Porte, lead author of the study, published in the Journal of Hazardous Materials, said: ‘We were surprised that cells exposed to conventional plastic bags showed no trace of toxicity.
I don’t put these bags into my own compost. The Council can have them.
REFERENCE
Liu et al (2025) Long-Term Exposure to Environmentally Realistic Doses of Starch-Based Microplastics Suggests Widespread Health Effects. J Agric Food Chem,2025 Apr 23;73(16):9867-9878. doi: 10.1021/acs.jafc.4c10855. Epub 2025 Apr 9.
This week the world woke up to realize that silver is a critical mineral for the high tech, AI, solar panels, and renewables. In four days time, China, which supplies more than half of the processed silver on Earth, effectively blocks their exports of silver.
Meanwhile it turns out JP Morgan, which has been aggressively shorting the silver market for 15 years — was accumulating it all along. The entire COMEX silver market in New York has 30 million ounces of silver that is ‘immediately deliverable’. But JP Morgan is widely reported to control or custody up to ~700–800 million ounces of silver across vaulting, ETFs and proprietary holdings. It is de facto, the US strategic reserve, but controlled by a private bank, not by the Treasury.
The phase change is in progress. I’m not trying to cover all the details, just to let people know that something very big is unfolding.
The largest single use of silver has become “industrial applications”:
Silver, it turns out, is the best electrical and thermal conductor of all the elements. It is essential to the solar panel industry, EV’s, and data centres. And for the last five years the demand from the tech giants and renewable industry has been so great the global silver miners have not been able to keep with demand. The cumulative deficit in silver production since 2020 is 1.1 billion ounces. That’s a lot of silver that has been pulled from physical stores and sent to industrial buyers.
When Elon Musk says “it’s not good” he is thinking of the silver his factories need. Without enough supply, production lines will grind to a halt. Current EV’s use about twice as much silver as a petrol and diesel car (25-50 grams per car.) But the demand is only going to rise. The new Samsung sold state battery is rumored to need hundreds of grams, or even 1 kilogram of silver in every battery. It’s only a prototype, but supposedly charges in nine minutes and has a range of 900km (600 miles). You know they will want silver…
And even if the price of silver rises substantially, it’s still a small part of the whole cost of an EV, therefore the factories are going to pay the new higher prices. Anything is better than shutting down…
It is possible to substitute other metals for silver, but the losses are significant. Copper oxidizes badly, and has higher resistance.
Meanwhile, inconveniently, China announced two months ago that export licenses will be required for silver in 2026 (this is the same treatment they have done with rare earths). So technically, the CCP can say they haven’t banned anything, but the new rules just happen to restrict supply leaving the country from January 1 (Friday). The Export licenses are just “sanctions by paperwork”. Hence many industrial players are just starting to realize their supply lines are suddenly at risk.
There is a big silver shortage, which may bring down some bankers, the ones left holding the short contracts on silver… At the very least, the money printers will have to work hard.
The most calculated trade in inside trading
The Asian Guy in the videos below, is telling (or selling) a story. Strangely, his YouTube channel only started three weeks ago, yet his reports on silver have been so detailed and prescient he has gathered 43,000 subscribers. He appears to be pure AI, and, we should keep in mind that he may even be a product of the JP Morgan marketing team. Who knows? He almost seems to know too much.
Title: JP Morgan Flips LONG + China Ban Starts In 4 Days
WARNING: There are many copies and imitators and ambush spam videos acting as decoys. The original is OG Jon AG. Also on X: OGJohnAGand the backup channel is here.The transcript of this video (now made private) is here.
..
The Asian Guy describes himself as a silver bug, and talks the talk of the long suffering silver nerd, and yet, in the end, we have to ask why he is suddenly making these videos and “who benefits” from them. Obviously JP Morgan comes out looking very powerful, (albeit, also rather predatory. They told everyone not to buy silver while they bought it themselves).
The Asian Guy is effectively telling Elon Musk he has been out-gamed by JP Morgan and he will need to knock at their door and wait for them to set the price. Presumably they don’t want him to buy up Mexican silver mines…
In this video (below) made a few days ago, The Asian Guy claims last Friday, one banker must have gone to the US Federal Reserve to beg for $17 billion in Repos (Repurchase agreements) to keep them alive in the disastrous silver shorts gamble. A repo is a loan of last resort. If it’s true, it suggests things are getting very close to the wire for some traders.
It also confirms that the US central powers are willing to inflate their way out of trouble.
The Blob bureaucracy depends on fiat currencies
If the Blob can print money — they can keep giving away other people’s purchasing power in order to buy votes. The game is up though, if the voters realize what is going on and abandon the dollar in favor of something else, like gold or silver.
Because the Blob bankers can always print more money, they have created vast numbers of layers of derivatives, options and hedge contracts. Astonishingly, the ratio of “paper silver” to real silver is estimated to be over 100 to one, or much higher. What’s changing is that people are demanding the physical silver, not just another paper contract. They can’t make solar panels or EVs with paper silver. But once people realize there isn’t enough silver, everything falls apart just like a bank run, and panic sets in.
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PS: My other half, Dr David Evans and I own Goldnerds. We’ve been watching the precious metals market for 30 years, and waiting for the house of cards to come undone (as have many skeptics). Obviously anything I write here is not market advice, just posted for information…
To the devotee, CO2 is the magical control knob of global weather. So a team at UC-Riverside wondered why, 600 million years ago, when CO2 was extremely high, Earth ended up frozen over in a Snowball Earth horror show. I mean, how could that be when CO2 ‘boils the oceans’? Normal people would say this shows CO2 is irrelevant — but the cult scientists went hunting with their broken computer models until they found “a new feedback” excuse that can explain this puzzling anomaly.
In their new vision, CO2 warms the world, but under the right conditions, it sets off a ghastly negative spiral where more warming causes more phytoplankton, which suck the CO2 out of the sky in a feeding frenzy and then sink and die at the bottom of the ocean, taking the CO2 down with them. As the CO2 drains out of the sky, we lose its warming glow, and the world sinks into a frozen oblivion.
Though unlike actual scientific advancements it doesn’t explain any of the other thousand anomalies, and is falsified by most of the last 500 million years of history. Pretty much all that time, CO2 and temperature were higher than today but we didn’t keep flipping into a snowball Earth.
The other awkward problem is that phytoplankton grow much more slowly in cooler temperatures, and it will happen in minutes. It’s not like the Earth could drop 20 degrees and the microalgae and diatoms won’t notice for a thousand years, and will just keep chugging along. Volcanoes add a stream of CO2 back to the sky, so the phytoplankton would have to outpace them.
Imagine the quicksand the modelers are playing with. They are trying to cover 100,000 year timescales, geological weathering of silicate rocks, and blend it all in happy-happy to model life forms that breed every 24 hours and have a lifespan of six days. The models don’t work to start with, and now we’re extrapolating every variable in every direction.
We might as well read tea leaves. It would be cheaper and we can fertilize the garden afterwards.
100 shades of irrelevant
If carbon dioxide doesn’t cause much warming in the first place, it can’t cause much cooling when it’s gone, and we know its minor. The hot spot has been missing for 20 years. Most of the warming effect of CO2 is supposed to come from amplification by water vapor in the upper troposphere, but we looked for decades and 28 million radiosondes didn’t find it. Until the climate modelers admit this, apologize and fix their models, their models won’t work. But we all know they can’t fix their models, because that might accidentally “solve” the climate crisis which would be a disaster for all the subsidy seekers.
To explain why this dire whipsawing feedback worked in 600 million BC, but hasn’t been noticed in the last half a billion years, the researchers do some convoluted excuse-making. Apparently it was more likely then because oxygen levels were lower. In that scenario, the CO2 sinks, but the phosphorus recycles at the surface which feeds even bigger phytoplankton blooms, like a global vacuum sucking CO2 out of the sky and pumping it down the Mariana trench. It’s all just-so reasoning.
Until the climate modelers make models that work in the last 50 years, they haven’t got a clue about the Precambrian.
What this paper does show though, is that Climate Science functions like a cult. This is what happens with 30 years of government funded research that no one can question. Teams of semi-functional desk-jockeys with PhDs take a bad assumption, amplify it in broken computer models and come up with nonsense that unfunded bloggers can disassemble on sight.
But handily, if an ice age happens, they’ll be able to say “we were right” and blame CO2.
The 500 million years of CO2 and Temperature on Earth. | Berner and Scotese
h/t Peter C and Krishna Gans
REFERENCE
Dominik Hülse, Andy Ridgwell (2025) Instability in the geological regulation of Earth’s climate. Science, 2025; 389 (6767) DOI: 10.1126/science.adh7730
Thanks to the wonderful souls who helps me cover the bills, so I can roast those who abuse science for profit and power.
This year saw the Net Zero mythology take a mortal blow. Electricity prices hit a bleeding point just as the Trump hammer fell, and the insatiable AI race spooked the Blob, which suddenly realized there actually was a global energy contest and we are the losers. But despite these wins, the bankers that created the bubble took the profit and ran (for Prime Minister of Canada), the witchdoctor-scientists still give terrible advice, and billions are still being poured into glorified rain-dances.
We still have to win the science war. The modern shaman tell us batteries will change the jet streams, save koalas, stop domestic violence and end wars. Then the ARC gives them another grant. And the ABC gives them free advertising. And we pay for all of it: the CSIRO-bad-science, the subsidies, and the ABC-BBC-CBC blob.
Then there is the free speech war. The Ministry of Misinformation will return. The government wants to stop us reaching the children with our dangerous graphs of the Holocene, the Eemian and Chinese coal use. We all know they banned X for under 16s but not its mirror leftie twin “BlueSky”. Age Verification is just an excuse for Digital ID which starts softly and quietly two days after Christmas. Shh!
Meanwhile, The cyber attacks on this site started on Easter Saturday, two weeks before the Australian election, crippling the blog for days until we added better armor, which costs more. The hostile force behind that kept coming back. This was a graph below of a typical day in September when a thousand ‘people’ in Singapore suddenly needed to read this site at half past the hour, every hour. Similar artificial patterns came often from Chinese servers, or through Hong Kong or Vietnam. There was also a lot of US traffic, but not with this screaming spike pattern. Those who were attacking didn’t bother to hide it. They wanted me to know, perhaps hoping I would be intimidated?
It’s been 17 years here on this blog, somehow, outside the system, living off goodwill and donations, debating the U.N. and trillion dollar cartels. Real freedom is writing with no corporate sponsor, and no major advertiser. There’s no billionaire publisher to cancel me. The government can’t take away a grant it never gave me, and the cowards of Cancel Culture can’t scare away the advertisers I don’t have.
I am not dependent on any institution, but I am of course, dependent on you, the reader, which is exactly how it should be. To serve the people direct, instead of serving Disney, Pfizer or President Xi. When no one holds the strings, everyone does.
I don’t ask for a subscription here, just some help if you can spare it.
Thank you to everyone who cancelled subscriptions to the propaganda sheets, and sent that money to someone in the new independent media instead.
Never surrender
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