The hidden costs of free computerweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from computerweekly.com Daily Mail and Mail on Sunday newspapers.
All debt is borrowed against future supplies of affordable hydrocarbons (oil, coal and natural gas).
Since global economic activity is ultimately dependent on a continued abundance of affordable energy, it follows that all money borrowed against future income is actually being borrowed against future supplies of affordable energy.
Many people believe that alternative “green” energy will soon replace most or all hydrocarbon energy sources, but this belief is not realistic. All the “renewable” energy sources are about 3% of all energy consumed, with hydropower providing another few percent.
There are unavoidable headwinds to this appealing fantasy…
Reality Check
1. All “renewable” energy is actually “replaceable” energy, analyst Nate Hagens points out. Every 15-25 years (or less) much or all of the alt-energy systems and structures have to be replaced, and little of the necessary mining, manufacturing and transport can be performed with the “renewable” electr
Why Now Is a Good Time To Reevaluate Your Investments gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
March 2, 2021
To reverse former President Donald Trump’s immigration policies, President Biden is working with Democrats in Congress on “sweeping immigration legislation” that includes an eight-year path to citizenship for an claimed estimate of 11 million illegal immigrants. Such drastic reform must be supported by facts, which are hotly debated, and even purposely withheld.
Democrats’ sunny population estimation falls in line with the Pew Research Center’s assessment that 10.5 million illegal immigrants resided in the United States in 2017. The Federation for American Immigration Reform alternatively estimates that 14.45 million illegal immigrants reside in the United States as of 2020.
Much information about illegal immigrants is unknown, including their rate of additional criminality and overall cost burden for taxpayers, which FAIR assesses at $133.7 billion each year. While the Cato Institute estimates illegal immigrants are between 26 and 41 percent less likely to
The Myths of Green Energy
Finance is often cloaked in arcane terminology and math, but the one dynamic that governs the future is actually very simple. Here it is:
All debt is borrowed against future supplies of affordable hydrocarbons (oil, coal and natural gas).
Since global economic activity is ultimately dependent on a continued abundance of affordable energy, it follows that all money borrowed against future income is actually being borrowed against future supplies of affordable energy.
Many people believe that alternative “green” energy will soon replace most or all hydrocarbon energy sources, but this belief is not realistic. All the “renewable” energy sources are about 3% of all energy consumed, with hydropower providing another few percent.