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Re: Storm hitting Chinese ports is a wakeup call for climate risk to markets

Bah. There is nothing new. Here is a citation dating from 1588:

"concerning which Touffon ye are to vnderstand, that in the East Indies often times, there are not stormes as in other countreys; but euery 10. or 12. yeeres there are such tempests and stormes, that it is a thing incredible, but to those that haue seene it, neither do they know certainly what yeere they wil come. ["The voyage and trauell of M. Caesar Fredericke, Marchant of Venice, into the East India, and beyond the Indies"

The current hoopla about cimate change is just a ploy to gather money.

Jeroen Belleman

Reply to
Jeroen Belleman
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Well, Al Gore does, for one. But this barb aside, the overall picture is far too complicated for a finite Usenet article. (Unless your name is Don. Sorry, couldn't resist that quip.)

As one example, energy is made more expensive by the combined effects of additional taxes, calls for action from climate activists, public money (ab)used to fund projects of questionable efficacy, propaganda and politics, and that ripples through to everything else. The end consumer pays the tag and every intermediary takes a share of the proceeds.

Jeroen Belleman

Reply to
Jeroen Belleman

Vague; what is the exact nature of the 'current hoopla'?

Not complicated, so much, as poorly defined.

Yes, politics doesn't exclude some measure of controversy; some people think politics is ABOUT controversy (that's wrong; properly, politics is about public policy in democratic places, and about control measures in other places).

... meaning, specialists?

OK, so meaning specialists who are visionary

So, John Larkin has no use for... who? Why does he think 'losers' are on a path to wealth?

I'm thinking that was all bafflegab.

Reply to
whit3rd
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Or batteries and pumped storage.

And it will be just as successful as the one reactor powered merchant ship the Americans built.

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Mostly from one-eyed thorium molten salt reactor enthusiasts who don't know what they are talking about. The single Chinese example exists to breed U-233 - which is what the reactor fissions to generate heat - from thorium (which doesn't fission). The thorium cycle produces much the same dangerous fission products as U-235 based reactors, but at least it doesn't produce Pu-239 (by neutron capture by U-238).

It's not a big difference. The technology is un-tried, and is going to be just as expensive any other nuclear fission based system.

Reply to
Bill Sloman

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