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How Much of the Worsening Energy Crisis is Due to Depletion?


Coal and natural gas spot prices have recently soared to record levels internationally, while oil is trading at over $80 a barrel—the highest price in seven years. Newspaper columnists are asking whether people in Europe and Asia who can’t afford high fuel and electricity prices might freeze this winter. High natural gas prices are causing fertilizer prices to spike, which will inevitably raise costs to farmers, with eventual catastrophic impact on people who already have trouble paying for food.

Political commentators are naturally searching for culprits (or scapegoats). For those on the business-friendly political right, the usual target is green energy policies that discourage fossil fuel investment. For those on the left, the culprit is insufficient investment in renewable energy.

But there’s another explanation for the high prices: depletion. I’m not suggesting we’re about to completely run out of coal, oil, or gas; there’s no immediate danger of that. However, the energy industry has historically targeted the highest-quality and easiest-accessed of these resources, which means that what’s left, in most cases, are fuels that will be costlier to extract and process—and also more polluting. The proximate causes of current price spikes may be transient market conditions (the see-sawing pandemic, Britain’s decision to leave the European Internal Energy Market, Russia’s reluctance to provide more gas to European buyers until a new pipeline is given final approval, and China’s choice to reduce coal imports from Australia). But behind the energy headlines is persistent, accelerating depletion.

Fossil fuel supply shocks have long been forecast by the few analysts who track resource depletion and its consequences. In the early years of this century, a robust literature developed around the concept of “peak oil” (as well as “peak gas” and “peak coal”). Analysts predicted that world oil production might begin to decline as soon as 2005 or 2010, natural gas in the 2020s, and coal in the 2020s to 2040s.

Forecasts for a peak in world oil production proved premature, with new supplies of “unconventional” petroleum (i.e., tight oil, oil sands, and deepwater oil) coming on line to boost US and world production by millions of barrels per day. Roughly 90 percent of new oil output added during the last decade came from US tight oil wells that were horizontally drilled and fracked. At the same time, using the same drilling and fracking technologies, so much natural gas was liberated that the US became a significant exporter. Meanwhile, Australia ramped up its coal mining in order to export the fuel to support fast-growing Asian economies. Supply problems were solved—sort of, and temporarily.

Now, circumstances are changing and reality seems to be catching up with peak-supply forecasts. Many economic analysts attribute shortages and price hikes to failure by the fossil fuel industry to invest enough in exploration and production. But, to some extent, that’s just a misleading way of acknowledging that, from now on, extracting fossil fuels from Earth’s crust will take more money, technology, and energy than it used to.

So, to directly address the question with which this essay is titled: exactly how much of the world’s current energy crisis is due to fossil fuel depletion, and how much to other factors? It’s impossible to assign percentages. There has always been some volatility in fossil fuel markets. But as depletion continues, price spikes and troughs are likely to grow in amplitude, and to become more frequent. And that’s precisely what we are seeing. Since 2005, when world conventional oil production stopped growing, petroleum prices have indeed become more volatile, with spot prices rising to the all-time record high of $147 (in July, 2008) and sinking to the all-time record low of -$37 (in April, 2020). Without depletion, there would still have been price variation—just as there would still be extreme weather events without climate change. But, like climate change, depletion is a slowly accumulating background condition that widens the envelope of day-to-day or year-to-year extremes.

Let’s dig a little deeper into the “lack of investment” explanation for high fuel prices. As we’ve seen, higher rates of investment are needed because new projects are expensive. But, at the same time, it is also true that concern over climate change is leading major investors to reconsider long-standing practices of funding fossil fuel producers. Recently the highly influential International Energy Agency recommended that no new fossil fuel projects be approved after 2021—a suggestion inconceivable from that organization just a few years ago. The list of pension funds and banks that are divesting from fossil fuels grows with each passing month.

But depletion and climate concern are not the only reasons for levels of investment in fossil fuels that may be insufficient to stave off hardship for the industry—and likely for society as a whole. The fossil fuel industry requires relatively stable and predictable prices for its own internal investment purposes. High prices are viewed as good, in that they generate more profits that can be reinvested in new projects. But very high prices have a downside: when energy becomes unaffordable, the stage is set for a price collapse. Market volatility makes fossil fuel companies wary to expand operations, as new projects are often many years in development, and the comparatively few remaining prospective drilling sites are unlikely to yield profits absent stable, high prices. In recent years, some companies have decided that their free cash flow is better used in buying back their own stock shares rather than in funding speculative new oil or gas drilling. That’s also partly because divestment campaigns are tending to lower the value of shares in oil and coal companies.

So, if there are reasons for high energy prices other than depletion, why focus on this particular one? Two things. First: virtually nobody is mentioning depletion. I routinely scan energy-related news articles in the mainstream press, and in its coverage of the energy crisis I have yet to see depletion mentioned once—even though it is undeniably a contributing factor. Why is it being ignored? Maybe because of this second thing: it can only get worse. Other causes of energy price volatility may be solvable with investment or government policy, but not depletion. As long as society is extracting and burning fossil fuels, their resource quality (that is, their accessibility, affordability, and usability without expensive processing to remove pollutants like sulfur or to bring them up to standards that will suit existing refineries) will continue to decline and costs of production will increase.

If fossil fuel prices are becoming more volatile, and if that’s partly due to depletion (which is irreversible), then this has a couple of implications—one fairly obvious, another less so. The obvious implication: we probably have a wild ride ahead of us. Energy is the master resource; literally everything we do requires it. If energy gets more expensive, cost increases will migrate throughout the economy, making everything we do harder and more expensive. Unaffordable energy usually translates to inflation, with wage hikes unable to keep pace with soaring prices of food and consumer goods. The main likely brake on the inflationary accelerator of high energy prices would be widespread deflationary debt defaults—which would likewise draw nasty consequences in their wake.

But there’s a less obvious consequence of depletion and energy price volatility, and it has to do with climate policy. It takes energy to make solar panels, wind turbines, batteries, electric vehicles, heat pumps, and all the rest of the technology that policy makers propose to replace current fuel-burning infrastructure. Most of the energy that will be required for transition purposes, at least in the early stages, will have to come from fossil fuels—as is the case currently with Chinese solar panels being made in factories operating with coal-fueled electrical power. If society attempts to maintain current levels of energy services throughout the transition, the result will be a spike in both energy usage and carbon emissions (which policy makers hope to offset using unscalable and unaffordable carbon capture technologies). If fossil energy prices are going haywire during the transition, that makes an already arduous and perilous process even more so.

Many climate activists may be happy to see fossil fuel price spikes and supply problems. Yes, if oil gets expensive, that means more people will buy electric cars. But where are the electric airliners, semi-trucks, container ships, and cement factories that will be needed? No company can simply order one today; they’re mostly still in the realm of fantasy. Meanwhile, solar and wind together are supplying just 3.3 percent of the world’s current primary energy budget.

Policy makers envision an energy transition in which solar and wind seamlessly and quickly substitute for coal, oil, and gas, leaving consumers enjoying just the same comforts and conveniences as they do now, while emitting no carbon. That’s an exceedingly unlikely scenario. The real energy transition will almost certainly be a shift from using a lot to using a lot less.

If that’s true, then what should we do? Over a dozen years ago, I was among several energy analysts and commentators who recommended the adoption of depletion protocols (which are essentially programs for conserving and rationing nonrenewable resources) as a policy tool for helping society adapt to the inevitable end of the fossil fuel era. Politicians were uninterested. Today, rationing is still the best policy response. Energy could be rationed in several different ways; in addition to depletion protocols, another rationing approach I’ve long liked is tradable energy quotas, which effectively provide monetary incentivizes to those who use less energy. With rationing, those who use the most sacrifice the most, while those who use the least maintain (or gain) access to necessities.

There were always two reasons to reduce society’s reliance on fossil fuels: pollution and depletion. Pollution has taken center stage via climate change. But as long as we keep extracting and burning coal, oil, and natural gas, our depletion problem likewise keeps simmering away in the background. This winter, the pot may boil over. No honest policy maker can say they weren’t warned, or that there are no good responses.


47 Comments on "How Much of the Worsening Energy Crisis is Due to Depletion?"

  1. IReallyHateThem on Sun, 21st Nov 2021 3:06 pm 

    This is all I do, sleep and eat. Sleep 6 to 8 hours, wake up, do a little things for 3 hours and go back to sleep.

    So I had to go the grocery store again. It fucking freak show out there. I saw a kid 3 to 2 year old, sit in baby section of the grocery cart with black electromagnetics eyes, ears far away from the heads, fuck-up tooth pointy teeth like a bear. Fuck mother seem to think the monstrosity was beautiful.

    Saw an an man and woman together. Man has piece of shit Legault kind of eyes, almost all closed, the fucking bitch had black animal eyes all open. The fucking bitch seem to have blurry eyes. Yes, electromagnetic eyes I told myself. My reaction was ‘Ii faut le voir pour le croire, pis encore là”

    I saw he tall man, no butt, just bone and 12 inches wide. it was a flat butt wit no muscle in it. I saw an old with his face all red and an young women with red hands.

    So I guess we moved forward. I think they are sill coming into earth. It seem the flow of them coming is increasing.

    Human with a soul are really the children of GOD. These animals are just monstrosity. I think I am right when I said, the animals can only generate thought about themselves and sending electromagnetic energy toward themselves. Without human with a soul. there will be no earth reality because there will be nobody to send energy outward to keep tress growning, fishes in the sea and so on.

  2. rockman on Sun, 21st Nov 2021 3:32 pm 

    Spot on! You really nailed the subject, IReally LMFAO

  3. IReallyHateThem on Sun, 21st Nov 2021 4:04 pm 

    It is a freak show out there.

  4. its good to see supertard rok didnt MUZZ-19 himself with reckless abandon on Sun, 21st Nov 2021 5:40 pm 

    smart peps don’t MUZZ-19 themselves with reckless abandon

    PhDs are the smartest and they don’t MUZZ-19 themselves with reckless abandon. this is according to a study published on WebMD

    please feel at ease among friends we’re all lovers of supremacist muzzies here.

  5. SomeOfMyMusing on Sun, 21st Nov 2021 7:51 pm 

    There are so many things that happened at the grocery store. One fuck-up things after another.

    I order some meat for my poutine. I wanted smoke-meat. Go to the meat section asked for 200g of smoke-meat. The bitch had black animal eyes. She cut the meat for me put it in bag. While she was giving me my bag, she closed her eyes and looking at me. She closed her eyes while giving me the meat bag.

    I was there thinking, are you fucking with me bitch. I pretend that this is normal and move on. Fucking bitch was looking like she was smiling to me using her closed eyes.

    It was one shit after another. I hope the text above is readable

  6. SomeOfMyMusing on Sun, 21st Nov 2021 8:10 pm 

    I still think, the best for us human with a soul, is to get a new body mi-human mi-energy and a new home land. It is time for us to move somewhere else more adapted to what we are.

    The animal can have this world if they want to.

    I have to explain what I mean by mi-human mi-energy. Mi-energy means you carry with your onw body a small amount of magnetic energy with you. You can use this energy to power your body. For example to power your muscle, to get you heart pumping and so on. So you don’t have to eat and shit. The energy that you have inside you body will by use for that and also you can use this energy to warm you up and keep constant you body temperature. If you have enough energy you could create you own personal reality. Imagine a sphere of 1 KM diameter around your body where you can create your onw reality. One day, you could be sit next to a lake reading a book, the next day you are walking into a fantasy world like the Lord of rings.

    I really dont like earth. I think it is a shit hole only good for animal. Human with a soul should not be living on this earth.

    2:14 earth, I would rather stay here with the things

    2:37 Earth man, what a shit hole

  7. EarthIsSuchAShitHole on Sun, 21st Nov 2021 8:42 pm 

    Earth what a fucking shit hole. The weather suck, wildlife sucks (try to have a walk in the forest without being bitten by mosquitos), the scenery is really mediocre, trees that is what this earth is made of trees, shifty animals that eats you crop.

    It is a place for animals.

  8. EarthIsSuchAShitHole on Sun, 21st Nov 2021 10:33 pm 

    I wondering how they know I am an human and I am not like them. I know now, they look at my electromagnetic field, when the look at me. My electromagnetic field has an human signature not an animal signature. This is how they can differentiate me.

    They seem to know without even talking to me that I am not one of them

  9. Biden's hairplug on Mon, 22nd Nov 2021 2:03 am 

    “Christmas parade SUV ramming: 5 dead, 40 injured”

    Location: Wisconsin, near Kenosha.

    More CW2 rumblings.

    “Pfizer co-developer says Covid vaccination will be annual”

    “Fauci Says Americans May Need Boosters Every 6 Months”

    A recent Covid conspiracy theory with Glenn Beck, discussing the book “the Faucian Bargain”:

    As always, a “conspiracy theory is something western officialdom doesn’t like and usually has more than a grain of truth in them”.

  10. Cloggie on Mon, 22nd Nov 2021 3:12 am 

    The first US offshore wind farm to the tune of 806 MW is now under construction:

    The manufacturing and installation is going to be an all-European affair.

    In the 20th century, we had the Anglo Seven Sisters, running the energy show.

    In the 21st century, we will see the Euro Seven Brothers running the energy show.

    Shit happens.

    There can only be one chief, sorry. Ready for the Anglo-Euro seniority swap?


  11. Biden's hairplug on Mon, 22nd Nov 2021 3:50 am 

    Kamela Harris reveals that all people who are in the hospital or are dying from Covid, ARE ALL-VACCINATED!

    Slip of the tongue?
    I’m amazed!

  12. Biden's hairplug on Mon, 22nd Nov 2021 3:54 am 

    USA Today claims the video with Kamela Harris was doctored:

    Probably true.

  13. Biden's hairplug on Mon, 22nd Nov 2021 5:06 am 

    This is the proper national Covid response:

    A national rejuvenation program.

    We mostly eradicated smoking from public life, obesity should be next.

    Physical and spiritual wellbeing are far more important than eternal economic growth.

    Less, less, less…

  14. Biden's hairplug on Mon, 22nd Nov 2021 5:30 am 

    US politicians should be vaccinated, but probably are not:

    They are all in the pocket of (((Pfizer))), but are powerful enough to avoid taking the toxics themselves, for now.

  15. HappyExterminationJewsFromTheKingOfEarth on Mon, 22nd Nov 2021 9:23 am 

    It is a new day for me. Time to insult the pieces of shit Jews. Don’t forget to worship the flag of Quebec ugly despicable Jews.

    Higher GOD regret not having exterminte you sooner. Imagine, you have 120 genetic defects. That make you defective, tag you for exterminations. Happy exterminatin Jews

  16. IsrealWillBeDeatlyWith on Mon, 22nd Nov 2021 9:38 am 

    How are you going to worship me this morning ugly, despicable, liar, deceitful, manipulative Jews that force US politicians to pledge allegiance to Israel in order to get your money for their financial campaign. You really a garbage race and you will be dealt with the appropriate way by father and I.

    Quebec is the chosen land of the people of GOD, Israel is just a Jews container that Father can used to identify you better and give you deadly skin cancer faster and more efficiently.

    That is the nice about being a King, you make your laws as you see fit or how it amuses you

  17. EarthIfForMyEntertainement on Mon, 22nd Nov 2021 9:40 am 

    Father said, I should use the earth to play with and entertainment myself with.

  18. JewsWillGetAnAnimalBody on Mon, 22nd Nov 2021 9:55 am 

    I still think the best option for the human with a soul would be a new body mi-human mi-energy and a new homeland. Earth is too crappy and only good as prison for Animal and Jews.

    Jews will never get a mi-human and mi-energy body, if I have something to say about it. Jews should get an animal body because that is what they are animals

  19. Biden's hairplug on Mon, 22nd Nov 2021 9:55 am 

    Covid-positive Australians deported to camps in the North:

    Is this serious?

    Sky News Australia: “Kyle Rittenhouse case is an ‘absolute tinder box’”

  20. LetsTrashTrashJewsToday on Mon, 22nd Nov 2021 9:57 am 

    I think today I will trash the Jews. I feel like it is something I could do day long today. After all, I am the King, I can do what I want.

  21. JustWaitFuckingJews on Mon, 22nd Nov 2021 10:01 am 

    For sure, we should put a trade embargo on Israel and starve to death the Jews living there. Just wait fucking piece of shit Jews what is coming your way. just fucking wait;.

  22. IAmGettingFedUpWithThatShit on Mon, 22nd Nov 2021 10:17 am 

    This shit is going way too slow. How long does it take to destroy to financial system. I am getting fed up with that shit

  23. QuelTrousAMerde on Mon, 22nd Nov 2021 10:30 am 

    Quels trous a merde le Québec et le Canada sont.

  24. SpeedThingsUp on Mon, 22nd Nov 2021 10:32 am 

    You need to speed up the destruction of everything. This shit is way too slow.

  25. SpeedThingsUp on Mon, 22nd Nov 2021 10:36 am 

    I have enough of this crap, this fake electromagnetic theater. Speed fucking shit up.

  26. Biden's hairplug on Mon, 22nd Nov 2021 10:54 am 

    Slowly the British are finding out they tied their fate to a clown:

    “‘Is everything OK, Boris?’ PM brushes off bizarre speech to business chiefs saying it ‘went over well’ despite losing his train of thought, praising Peppa Pig World, comparing himself to MOSES and doing an impression of a car ENGINE”

    – Boris Johnson delivered bewildering speech to business leaders at the CBI conference in South Shields
    – The Prime Minister compared himself to Moses and made engine noises during the bizarre address
    – Mr Johnson suffered awkward silence as he lost place halfway through the speech and leafed through notes

    Even his Brexiteer supporters begin to scratch their heads. Best-rated reader comment:

    Pauline56, CRAWLEY, 6 hours ago

    A better comparison would be to compare himself to the local village idiot!

    Pro: 4758
    Con: 91


    Wouldn’t be surprised if Boris will be toppled in a year or so.

  27. WasteOfMyTime on Mon, 22nd Nov 2021 11:11 am 

    You could raise the interest rate righty away. You choose not too. I guess you are not really serious here.

  28. Duncan Idaho on Mon, 22nd Nov 2021 11:44 am 

    These Fools Went to a COVID Party. Now They’re in the ICU.

    Good news! They are European.

    Covid is getting rid of the idiots, and the human race is more genetically robust.

  29. WasteOfMyTime on Mon, 22nd Nov 2021 12:02 pm 

    13 h 00 HE : Les députés se sont réunis à la Chambre des communes pour élire le président

    This kind of shit is a waster of time. SPeed up death, destruction and choas. Raise rate now.

  30. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 12:04 pm 

    Fucking piece of shit. I won’t be happy until you are all dead.

    UK: Prince Charles greets Israeli President Isaac Herzog at country house

    A renewal and rebuilt start with your total extermination useless Jews. Nothing can happen before that

  31. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 12:24 pm 

    This is exactly what you are living into. An electromagnetic world. The only reason you cannot see it, it is because your brain, eyes, and spine did not you receive the proper DNA update. You are made handicap voluntary by not having access to the electromagnetic field while the animals have.

    If you had even the slightness vision improvement, the real world around you would probably look like above.

  32. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 1:19 pm 

    The extermination of all the Jews is not negotiable as the first step for a renewal. Make it happen.

  33. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 1:28 pm 

    Also, raise interest rate to 5% and crash the housing market. Money represent energy, and it should be expensive to buy energy or if you want to borrow money.

  34. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 1:51 pm 

    I want to repeat that: the extermination of all the Jews is not negotiable as the first step for a renewal. Make it happen.

  35. JewsExterminationIsTheBeginningOfRenewal on Mon, 22nd Nov 2021 3:11 pm 

    BlackRock, Fidelity, Vanguard and State Street are the 4 horsemen. They own the world.

    Now I know who to kill after the extermination of all the Jews. Just send my boys to pick them up including all family members and execute then in a basement somewhere. Might even kill some of them myself.

    Trash need to be taking care of before rebuilding. Everything has to be done in the right order. Cleanup come first, rebuilding after.

  36. IWillGetYouSkinEventually on Mon, 22nd Nov 2021 4:32 pm 

    Eventually, you will have no choice to beg me to help you and I will demand the full control of the earth including the right to kill everyone I want. See what happen when the only electrical grid that don’t need oil to operate are France and Canada. See who is going to rule the world. I will get BlackRock management kill in exchange for citizenship in Canada or France. At the end I get your skin for use as carpet in bed room.

    Father could also give you cancer. At the end I win

  37. JEwsExterminationIsTheFirstStep on Mon, 22nd Nov 2021 5:05 pm 

    Apparently, it is masturbation time. I urine real well know, so I don’t need it. But the spirit insist.

  38. JEwsExterminationIsTheFirstStep on Mon, 22nd Nov 2021 6:20 pm 

    If I have been selected for this task, most likely it means higher’s GOD that did select me, already know the future. They already know that at the end I will win and you get slaughter all of you. You know who you are

  39. JEwsExterminationIsTheFirstStep on Mon, 22nd Nov 2021 6:27 pm 

    The face of Charlie Munger speak for itself. Higher’s GOD want changes and they mean it . Go on pornhub and xhamster porn sites, you will see what I mean. The higers’s GOD put a new reality on earth. They means it this time.

    You cannot escape your faith. Even myself I cannot escape my faith, Oh GOD did I try to run away from it.

  40. JEwsExterminationIsTheFirstStep on Mon, 22nd Nov 2021 6:32 pm 

    Faith is not the right word.

    The face of Charlie Munger speak for itself. Higher’s GOD want changes and they mean it . Go on pornhub and xhamster porn sites, you will see what I mean. The highers’s GOD put a new reality on earth. They means it this time.

    You cannot escape your destiny. Even myself I cannot escape my destiny, Oh GOD did I try to run away from it. I cry for so long when I realized I could not run away from my destiny

  41. Biden's hairplug on Tue, 23rd Nov 2021 1:15 am 

    Impersonation of Boris Johnson’s latest speech before a group of bewildered businessmen:

    “Johnson ‘losing the confidence’ of Tory party after rambling CBI speech”

    “Boris Johnson lost for words as he loses place in bizarre speech to business leaders”

    It is not just the enemies on the left who are making fun of BoJo, his buddies at the DailyMail are in horror too:

    “‘Is everything OK, Boris?’ PM brushes off bizarre speech to business chiefs saying it ‘went over well’ despite losing his train of thought, praising Peppa Pig World, comparing himself to MOSES and doing an impression of a car ENGINE”

    A journalist present, asked BoJo during Q&A: “are you OK, prime minister”?

    Together with the behavior of Biden, not to mention the Canadian PM…

    (Even India was embarrassed: “stop trying so, PM!”)

    …all clear signs that Anglosphere is shaking onto its foundations and that a new order is around the corner, probably after a lot of violence in between.

    More ominous signs for the territorial integrity of the UK:

    “Nicola Sturgeon praises Welsh Labour and Plaid Cymru co-operation deal”

    Pro-Welsh independence party “Plaid Cymru” is teaming up with Labour. Wales won’t be the first to leave the UK, but a good Scottish and Northern Irish example will achieve wonders.

    “Towards a Celtic Union?”

  42. Cloggie on Tue, 23rd Nov 2021 1:50 am 

    Feeder barges – dramatic increase of productivity in offshore wind park installation:

    One modern jack-up ship can install 1 GW offshore wind in three months. Europe has tens of those ships.

  43. Biden's hairplug on Tue, 23rd Nov 2021 2:40 am 

    The media are lying that the perp of the Waukesha SUV slaughter was fleeing from the police. In reality, he was a black terrorist:

    “So, when we stаrt bаkk knokkin white people TF out, Ion wаnts to heаr it..” KNOKK DEM TF OUT, OLD WHITE PEOPLE!! “PERIOD,”

    Brooks announced it, now he did it in the wake of the for him disappointing Rittenhouse trial outcome.

    Multi-ethnic societies work NOWHERE, but always lead to genocide. Humans are tribal: ethnic and/or religious.

    Catholic and Protestant Northern Irish

    The list goes on and on.
    It’s basically world history.

    So far, white Americans haven’t fought back, won’t be long.

  44. Biden's hairplug on Tue, 23rd Nov 2021 2:46 am 

    The Covid disaster is merely in its infancy:

    “Possible MERS-like COVID-19 strain that could kill 1 in 3 infected people: Study”

    “Pandemic coronavirus is widespread in Iowa deer”

    The entire nature is becoming infected.

    How to tell the boobs that the old way of living is over: no more travelling, neither national nor international, permanent home office, end of globalism and the entire world One Big Factory. Close down most airfields, cancel travel agencies and flight operators, stadiums, cinemas, theaters. This could take years. The world will change beyond recognition. Civilization is going to be scaled back.

    Good for the environment, btw, and postponing peak oil and gas.

  45. Biden's hairplug on Tue, 23rd Nov 2021 4:29 am 

    Europe moving to the right:

    The pundit has also labelled England as France’s “greatest enemies for a thousand years,” claimed the D-Day landings were an enterprise of American colonialism, and frequently condemns the French media for being a “propaganda machine that hates France.” In a recent Beziers speech, he told followers that France’s education system had been “infiltrated by Marxism, anti-racism, and LGBT ideologies.”

    Fairly accurate statements.

    Macron will probably win again, but the writing is on the wall: French society is bursting at the seams.

    Professional soccer hasn’t much future anyway, gatherings in stadiums are super-spreader events, that need to be abolished. And from a white-nationalist perspective, watching professional sports and cheering the black players on is a no-go area (I only watch Dutch female soccer, for 90% still blond)

    “Sports ministry warns football may not ‘survive’ in France”

    Dirt-poor Moldova could be the first European country to be deprived of gas this Winter, as it no longer can pay its bill to Moscow.

  46. Duncan Idaho on Tue, 23rd Nov 2021 1:11 pm 

    “Hoping an almost-all-white jury would similarly be “very scared” of fearsome black man Ahmaud Arbery jogging down the street, attorneys for three murderous good-ole-boy defendants on Monday offered up closing statements so incendiary, vituperaitve and staggeringly racist they drew gasps in the courtroom: The (white) neighborhood was “being covered in suspicious persons” who were “lurking and sneaking around your property at night” and Arbery was “running away” from his “bad choices,” with “dirty toenails” yet. But hey: Just call him a filthy nigger and be done with it.”

  47. Cloggie on Wed, 24th Nov 2021 4:46 am 

    Building a €30B energy island off the coast of Denmark, one step closer:

    “Denmark’s €30B Energy Islands Could Solve Europe’s Problem”

    Cooperation between Denmark, Belgium and Germany.

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