/pnd/ - Politics, News, Debate

>>391039

[2/4]

Having oil, coal, and natural gas prices spiking at the same time leads to inflation and to many unhappy citizens.

The 1997 Kyoto Protocol encouraged the trend toward moving industry to lower-cost countries.

At that time, an international treaty stating that the participating countries would limit their own CO2 emissions attracted a lot of attention. An easy way to limit CO2 emissions was by moving industry overseas. Even though the US did not sign the treaty until later, the treaty gave the US a reason to move industry overseas.

There were many reasons to move industry overseas besides spiking oil prices and concern over CO2 levels. With such a change, customers in the US (and European countries making a similar change) gained access to lower-cost goods and services. With the money the customers could save, they were able to buy more discretionary goods and services, which helped to ramp up local economies.

Furthermore, business-owners in the United States could sense the opportunity to grow to be truly international in size if they moved much of their industry overseas.

In a matter of a few years, the economy changed to provide fewer high-paying factory jobs in the United States. Increasingly, those without advanced education found it difficult to provide an adequate living for their families. The high incomes were disproportionately going to highly educated workers and the owners of capital goods.

China, with its growing industrialization, could outcompete whole industries, such as furniture-making and garment-making, leaving US workers to find lower-paid jobs in the service sector. Similar outcomes unfolded in the EU and Japan, as industrialization started moving to different parts of the world.

The indirect impact of the 1997 Kyoto Protocol was to move CO2 emissions slightly away from the Advanced Nations. Overall, CO2 emissions rose.

>>391040

[3/4]

The indirect impact of the 1997 Kyoto Protocol was to move CO2 emissions slightly away from the Advanced Nations. Overall, CO2 emissions rose.

Anyone who expected that the 1997 Kyoto Protocol would reduce world CO2 emissions should have been disappointed.

Thanks to the direct use of fossil fuels, the world can have paved roads, bridges made of steel, and electricity transmission lines. It can have concrete. It can have pharmaceutical products, herbicides, and insecticides. Many of these benefits come from the chemical properties of fossil fuels. Electricity, by itself, could never provide these products since it has been stripped of the chemical benefits of fossil fuels. Electricity is also difficult to store.

With the benefit of fossil fuels, the world can also have high-quality steel, with precisely the composition desired by those making it. With only electricity, it is possible to use electric arc furnaces to recycle used steel, but such steel is limited both in quantity and quality. US production of steel amounts to 5% of world supply (primarily using electric arc furnaces), while China’s production (mostly using coal) amounts to 50% of world supply.

Today, with the US’s limited steel-making capability, the US needs to import most of its steel, including steel pipes from China to drill its oil wells. We cannot see how dependent we have become on other countries for our basic steel needs.

China and India have both based their recent growth primarily on rising coal consumption. This is what has kept world CO2 emissions high. The US is now exporting coal to these countries.

Citizens of Advanced Economies are easily confused about the importance of fossil fuel use because they have never been taught about the subject and because their worldview is distorted by the narrow view they see from within their homes and offices.

The thing that most people do not realize is that industrial use and transportation use are extremely large sectors of the economy, and these sectors are very low consumers of electricity. The thing that most people do not realize is that industrial use and transportation use are extremely large sectors of the economy, and these sectors are very low consumers of electricity.

If we are short of inexpensive-to-extract fossil fuels, relative to today’s large population, we certainly could use some new inexpensive source of stable electricity supply. Even then, this would not solve all our energy problems – we would still need a substantial amount of fossil fuel supplies to grow our food and keep our roads repaired. The feasibility of moving away from fossil fuels without killing off a very major portion of the world’s population seems to be virtually zero.

Politicians, educators, and the news media would all like a narrative that can explain the need for moving away from fossil fuels, rather than admit that “our easy to extract fossil fuel supply is running out.”

>>391041

[4/4]

In my opinion, today’s world is a little like the “Roaring 20s” that came shortly before a major stock market crash in 1929 and the Great Depression of the 1930s. After the Great Depression, the world entered World War II. There is huge wage and wealth disparity, energy supplies per capita are stretched.

Today, NATO and Russia are fighting a proxy war in Ukraine. Russia is a major fossil fuel producer; it would like to be paid more for the energy products it sells. Russia could perhaps get better prices by selling oil and other energy products to Asian customers instead of its current customer mix. At the same time, the US claims primary leadership (hegemony) in the world but, in fact, it needs to import many goods from overseas. It even needs supply lines from around the world for weapons being sent to Ukraine. The Ukraine conflict is not going well for the US.

I do not know how this will work out. I am hoping that there will not be a World War III, in the same way that there was a World War II. All countries are terribly dependent on each other, even though there are not enough fossil fuels to go around.

I think that there is a substantial chance of a major financial collapse in the next few years. The level of debt is very high now. A major recession, with lots of collapsing debt, seems to be a strong possibility.

https://ourfiniteworld.com/2024/05/21/reaching-the-end-of-offshored-industrialization/

Bump.

bump

545366666663333333333333333333333333

3255555555

>>391039

Some say dolts will never understand and it's because they do not want to understand so they'll die off not understanding anything. Just like our current "leader" ironically.

>>391040

Higher energy costs equate to higher production costs and higher transportation costs which then in chain reaction lead to higher food prices. Try to tell the average drooling moron this and they'll lower your IQ simply by making you go crazy simply trying to explain it. Western world already defeated itself sadly.

>>391041

The death was self-inflicted, that will be record in future history books for sure.

>>391042

Once China and a few other nations cut off the vast majority of exports to the West (just like they have already done with gunpowder thus the massive price inflation hitting ammunition) morons will start to complain they cannot find what they need in average stores, or for the prices they were accustomed to. When the supply chain collapses, too late. We are already in an economic Depression but it is only going to get so much worse due to the utter lying and denial by morons. Again, all self-inflicted.

anti-slide `0409`p190-10jjx

1542`5

anti-slide 325`90j345`36g

Let's just bring back free market capitalism and industry to the US again…..??

4646

3`1

bump 43

>>391237

Sabotaged within.