Just a reminder

[brenthutch 383]

2 hours ago, Phil1111 said:

You have an unyielding propensity to cherry pick your facts to fit your prejudiced beliefs.

 

Norway’s long term, 2050 goal of becoming a “low carbon society” ..failed to clarify how much of this it would achieve domestically."

The German government’s new Climate and Energy Package, agreed in September 2019, does not contain enough policy action to meet its own emissions reduction targets for 2020 and 2030, which themselves are outdated and insufficient.

The CAT rates Germany’s 55% emissions reduction target for 2030 (agreed in 2010) as “Highly Insufficient”; it needs to be strengthened to be compatible with the Paris Agreement.

Earlier changes in regulation have almost completely stopped expansion of wind power in 2019 and the new Climate and Energy Package will not reverse this trend.

The package also lacks a clear long-term vision to reach its envisaged goal of climate neutrality by 2050.

lack sufficient quantitative ambition to meet the government’s targets, let alone the Paris Agreement’s mitigation challenge.

On coal, the proposed phase-out schedule of 2038 is almost a decade too slow to meet the objectives of the Paris Agreement,

a new coal-fired power station may go online in the short term.

20 000 jobs that will be lost in the coal industry."

It is a daunting task – latest official figures showed only a 15% drop on 1990 levels by the end of 2018, meaning sharp cuts will be needed in an economy where major emission sources are manufacturing, energy generation, transport and agriculture.

 

 

Who needs to cherry pick?  I will just use the information you have just provided.

[turtlespeed 212]

On 3/8/2020 at 7:43 AM, Phil1111 said:

Agree, so much for Google enlightening the world, educating the masses and lifting the ignorance of the masses. It seems odd that information and knowledge has spread so quickly about Coronavirus. Yet denial of climate change persists in certain political circles/minds.

Science only matters when it can be pigeonholed within that mindset.

There are people out there that deny that the holocaust happened as well.

[turtlespeed 212]

Uh OH . . . 

Maybe its like weather . . . 

But WHY would TSLA go up almost 11% while the rest of the auto industry goes down over 16%?

 

U.S.: Nasdaq

Tesla Inc.

PREMARKET

Last Updated: Mar 10, 2020 at 7:29 a.m. EDTDelayed quote

^$674.30 66.08  +10.87%

Before Hours Volume: 267.5K

Automotive  -16.42%

[brenthutch 383]

1 hour ago, turtlespeed said:

Uh OH . . . 

Maybe its like weather . . . 

But WHY would TSLA go up almost 11% while the rest of the auto industry goes down over 16%?

 

U.S.: Nasdaq

Tesla Inc.

PREMARKET

Last Updated: Mar 10, 2020 at 7:29 a.m. EDTDelayed quote

^$674.30 66.08  +10.87%

Before Hours Volume: 267.5K

Automotive  -16.42%

Because Tesla is a tech company not a car company 

[billvon 2,400]

Tesla just sold it's 1 millionth car.

Just a reminder.

[kallend 1,623]

Trump wants to bail out the oil industry:
https://www.washingtonpost.com/business/2020/03/10/trump-oil-bailout/?fbclid=IwAR05xQsBdzmToWsRQrysAhLp8XHuOLmdSKxHT6otlsbINKE_AYz0KaZYPkI

 

[billvon 2,400]

5 hours ago, kallend said:

Trump wants to bail out the oil industry:
https://www.washingtonpost.com/business/2020/03/10/trump-oil-bailout/?fbclid=IwAR05xQsBdzmToWsRQrysAhLp8XHuOLmdSKxHT6otlsbINKE_AYz0KaZYPkI

I wonder if we will be hearing the screams from the right about the government picking winners and losers?  Subsidizing the rich?  Promoting socialism?  Shitting on the free market?   Taking money out of your wallet and giving it to the takers?  I guess time will tell.

[brenthutch 383]

From what I have read, the only thing he has actually done it top off our strategic reserve.  A prudent move when oil prices are this low.

[normiss 622]

2 hours ago, brenthutch said:

From what I have read, the only thing he has actually done it top off our strategic reserve.  A prudent move when oil prices are this low.

Bankruptcies are on the horizon. Lots of them.

Oil is now expected to drop under $20/barrel.

Some petroleum stocks are down over 80%. yay.

Auto manufacturing factories are shutting down.

This could easily become a depression. At some point the government will have to stop funneling trillions in an effort to save the economy and big business.

This isn't a time to celebrate.

[SkyDekker 1,122]

3 minutes ago, normiss said:

Bankruptcies are on the horizon. Lots of them.

Oil is now expected to drop under $20/barrel.

Some petroleum stocks are down over 80%. yay.

Auto manufacturing factories are shutting down.

This could easily become a depression. At some point the government will have to stop funneling trillions in an effort to save the economy and big business.

This isn't a time to celebrate.

Less than a month ago, the concept of a recession was ridiculed. Now we are on the edge of a great unknown, with a recession seeming the most positive outcome.

The years/decades of unbalanced budgets, the seemingly unlimited spending, because the economy will just magically keep going, that is all coming home to roost. For the US, unfortunately this is happening while you are undergoing a social experiment with the worst possible president.

As I have heard for a number of years: elections have consequences.

[gowlerk 1,912]

On 3/10/2020 at 5:01 PM, kallend said:

Trump wants to bail out the oil industry:
https://www.washingtonpost.com/business/2020/03/10/trump-oil-bailout/?fbclid=IwAR05xQsBdzmToWsRQrysAhLp8XHuOLmdSKxHT6otlsbINKE_AYz0KaZYPkI

 

If Trump wants to help the oil industry he could lean on the Saudis. Other than that is there is nothing he can or will do. It's all talk.

[brenthutch 383]

OK, I want to buy an EV that meets my needs, what one should it be?  I have a wife (who needs a roaming office when we travel) two kids and an 80lb yellow lab that needs his crate.  We need to have room for skies, snowboards and extra passengers.  We also need a range of at least 400 miles (in cold weather)  with the ability to fill up anywhere in less than five minutes.  What do I buy?

[billvon 2,400]

On 3/18/2020 at 8:48 AM, gowlerk said:

If Trump wants to help the oil industry he could lean on the Saudis.

Not likely. He'd lose tens of millions of his own money if he risked angering them.  They are perfectly safe no matter what they do.  Torture and murder a journalist?  Tank the world's oil markets?  All just fine as long as the Saudis keep sending those checks to Trump Properties Inc.

[Phil1111 911]

On 3/10/2020 at 6:48 AM, brenthutch said:

Because Tesla is a tech company not a car company 

Because the only investors with cash left are picking winners and selling losers. When there are more bidders than sellers a stock will go up When there are... well you know the rest.

Unlike 2008, GM cutting jobs, plants proactively Restructuring plan met with anger, except on Wall Street   Dec. 2018

[JerryBaumchen 1,048]

On 3/10/2020 at 5:48 AM, brenthutch said:

Because Tesla is a tech company not a car company 

Hi Brent,

I've thought that some of your posts were somewhat of the stupid type; this one IMO damn sure is.

Jerry Baumchen

The guy with a good friend who owns a Tesla &, according to Brent, cannot drive it anywhere.

 

[SkyDekker 1,122]

19 hours ago, billvon said:

Not likely. He'd lose tens of millions of his own money if he risked angering them.  They are perfectly safe no matter what they do.  Torture and murder a journalist?  Tank the world's oil markets?  All just fine as long as the Saudis keep sending those checks to Trump Properties Inc.

This is the correct answer.

[brenthutch 383]

24 minutes ago, JerryBaumchen said:

Hi Brent,

I've thought that some of your posts were somewhat of the stupid type; this one IMO damn sure is.

Jerry Baumchen

The guy with a good friend who owns a Tesla &, according to Brent, cannot drive it anywhere.

 

Hi Jerry, 

It is not as stupid as it might first appear.  It is not a bust on Tesla or its technology, it is just an observation on the (still) astronomical valuation of Tesla.  At that price point, Tesla cannot just be a car company.   It requires Tesla to be much more than that.  A tech company. 

[brenthutch 383]

19 hours ago, billvon said:

Not likely. He'd lose tens of millions of his own money if he risked angering them.  They are perfectly safe no matter what they do.  Torture and murder a journalist?  Tank the world's oil markets?  All just fine as long as the Saudis keep sending those checks to Trump Properties Inc.

https://www.bloomberg.com/news/articles/2020-04-02/oil-pauses-near-25-after-trump-output-deal-causes-record-surge

Do you guys ever get tired of being wrong?

[SkyDekker 1,122]

1 minute ago, brenthutch said:

https://www.bloomberg.com/news/articles/2020-04-02/oil-pauses-near-25-after-trump-output-deal-causes-record-surge

Do you guys ever get tired of being wrong?

Did you read the first fucking sentence of the article?

Are you ever going to post something where you understood more than just the headline?

How often do you have to make the same mistake until you figure it out?

[brenthutch 383]

As your favorite US president likes to say "we'll see"

[SkyDekker 1,122]

4 minutes ago, brenthutch said:

As your favorite US president likes to say "we'll see"

Is Tesla bankrupt yet?

How do you feel about a recession starting before the end of Q2?

[billvon 2,400]

2 hours ago, SkyDekker said:

Did you read the first fucking sentence of the article?

That would result in him not being able to post a 'zinger' (in his own mind at least.)

[ryoder 1,384]

We all know Trump is incapable of thinking more than 18 hours into the future. So he announces a crude oil deal to spike the market, then when it becomes obvious there never was a deal, he will just deny he ever said it.

[brenthutch 383]

2 hours ago, SkyDekker said:

Is Tesla bankrupt yet?

How do you feel about a recession starting before the end of Q2?

I thought you said by the second month.  As far as your prediction, I don't recall you mentioning a pandemic as being the cause.  You said it was the record high stock market, the record low unemployment, inverse yield curve and hundreds of thousands of new jobs that would plunge us into recession.  No mention of COVID19.  But I am sure if I point out Telsa's horrible Q1 results you will be blaming a virus.

Edited April 3, 2020 by brenthutch

[brenthutch 383]

3 hours ago, JerryBaumchen said:

Hi Brent,

I've thought that some of your posts were somewhat of the stupid type; this one IMO damn sure is.

Jerry Baumchen

The guy with a good friend who owns a Tesla &, according to Brent, cannot drive it anywhere.

 

To give some more perspective, Tesla had <90K in total sales while Ford sold 500,000 F-150s (just one vehicle), yet the Muskovites went nuts and drove the stock price up.  Obviously Tesla's valuation is based on much more than car sales.