A global recession is on the horizon - please read OP for mod warning

Nonsense, if there was 5 years worth as is speculated in barryroe (could be more)it would be worth it, the technology is proven and ready to go, maybe some of that frozen russian oligarch money could help.

Hinckley point in the UK took years to get started and is a long way behind schedule, how long do you think just the planning stage would take in ireland to get a nuclear plant going,

We need gas to tie us over until renewables are viable,

Some people are creaming their pants thinking that this energy crisis will bring on the dawn of a new era of renewable energy,even if it means some people will freeze to death in the interim,

This post should be put as a sticky as to how wrong people can be.

We need gas.

The GP know we need gas as a transitional fuel up to 2050 it’s in their energy plan- however they are against exploration in Irish waters and LNG- so that only means one thing.

They want us completely reliant for gas on a non eu country- which is where the other end of the Moffat pipelines connect to- the UK.

The gas exploration and setup of infrastructure is paid for by the gas company’s- so we won’t be spending millions on this.

Please stop spreading disinformation

A tangent I know but I heard about a project in Connemara that was doing a trial around producing of 'green hydrogen' using windfarms.

I am not entirely sure who would consume that green hydrogen - possibly industry or hydrogen cell cars.

It's 3-4 years since I was looking at a tender related to this. https://sgn.co.uk/about-us/future-of-gas/hydrogen/aberdeen-vision They are looking a replacing natural gas for heating with hydrogen. There was supposed to be three pilots, one in Aberdeen and two more rural.

The idea was to finalise spec of the equipment required, as hydrogen is much smaller than natural gas, it can escape through smaller leaks, and obviously it's much more explosive than natural gas.

No idea, but just from a search it looks like it is going ahead

https://www.sgn.co.uk/H100Fife

Once again, private investors do not create state assets. If you want to create state assets then you have to use state money

To do that we would have to borrow and end of March this year the Irish National Debt was 239 Billion.That equates to 103,300 euro for every worker in the State. On a per capita basis the 3rd highest in the world, and as we learned during the financial crisis, borrowed money for a State, same as for an individual, has to be paid back. Default on your repayments, and rather than the bank manager giving you a shout, the IMF turn up and turn the screw. So no, there is no unlimited debt a state can run up. Same as there is no unlimited debt an individual can run up.

I have no problem with borrowing more for the simple reason we do not have any options to get us out of this energy mess, but I do have a problem if we are borrowing for both nuclear and renewables, without having a clue as to even a vague figure for renewables, and nuclear, which are basically two contradicting approaches aimed at achieving a long term solution.

The mention of Connemara and the North-West reminded me of a debate in the West of Ireland over a government department proposal on a very very large fish farm. One elderly gentleman at one of the public meetings said "I have been around long enough and seen enough to know if it was any bloody good it would not be given to us".😁

Norway to curtail gas production significantly next month due to maintenance

Renewables cannot replace fossil fuels end of - between intermittency and the scarcity of resources that are used in manufacture of solar panels/wind turbines there is a huge shortfall between the constant energy available from fossil fuels and what we get from renewables- intermittency problem will be spelled out for the thickos this winter if we have a calm winter wind wise- nobody anywhere close to solving this problem , nuclear fusion still a distant dream. A switc to renewables = a drastic cut in living standards, sticking with fossil fuels(which are declining) will also lead to same due to excarbating climate change.

there is no easy way out that allows us to keep living our very comfortable western lifestyles, that is a lie being peddled by politicians who in fairness would be hung by the mob if they actually told the truth about our situation- because nobody wants to hear it

Europe and the puppet lick arse governments we are stuck with all indulged this crap. Now we are paying the price for green cult mania with jobs, livelihoods and likely lives. A simpleton would tell you don’t destroy something without first having solid replacements in place. But that’s exactly what europe has been doing.

Maybe we can all work and study the likes of Gender studies, Black studies and Racism studies etc- a bit of Climate Change cult studies on the side - that will surely generate the wealth and resources future societies need to thrive and prosper?

Well that is true. There’s a select few that’ll thrive as always. The Davos jet set. The rest of the peasants can go shite.

And the same governments would have us do the same with food -reduce production in the EU and import it from South America .

Unfortunately it will take something big to change the way our politicians think .

Well unless there’s a major rethink on this “green” agenda aka blueprint for poverty then yes I fear much of this may come about

If anyone thought the ECB would be shy in raising rates it looks like they will be disappointed

https://www.ft.com/content/5afd5140-605f-447d-a30c-cc7355ceea59