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As Trump pivots to Venezuela for energy, U.S. big oil and big money invest in Canada

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  • Grain Farmer
    Senior Member
    • Mar 2025
    • 816

    #21
    Originally posted by chuckChuck View Post
    You guys heard of backup power generation? Apparently not!

    Its not one or the other its all of the above sources.
    Or all could just keep the power system we currently have and maintain it?

    Comment

    • furrowtickler
      Senior Member
      • Dec 2004
      • 22652

      #22
      Originally posted by chuckChuck View Post
      You guys heard of backup power generation? Apparently not!

      It’s not one or the other it’s all of the above sources.
      if they ban fossil fuel and don’t want nuclear like they desperately want to do , then it’s just existing hydro and unreliable solar and wind …. That’s what they want , which is insane in 90% of Canada

      Comment

      • chuckChuck
        Senior Member
        • Dec 2006
        • 13439

        #23
        Refurbisjing coal is an expensive and foolish option!

        We can build more efficient and much cleaner gas plants and more renewables all backed up by several options.

        Brad Wall was all gung ho for 50% renewables in Saskatchewan! What changed?

        Brad Wall was so bullish on renewables in 2016 he said Saskatchewan would have 50% renewables by 2030!

        And Sask Power must have said that would work. Then along comes Moe, tRump and suddenly renewables are no good? LOL

        All bullshit politics from the politicians who are working for the oil industry!

        Perhaps we need nuclear to get to zero emissions. Burt that is the most expensive option and a long way off.

        So if climate change isn't a threat, why is Scott Moe supporting nuclear to get to zero emissions electricity?



        Comment

        • shtferbrains
          Senior Member
          • Jun 2017
          • 5454

          #24
          Chuck, that is all over LOL . It isn't "suddenly renewables are no good? LOL"
          Give up on the Brad Wall said and Steven Harper promised BS.
          The whole world opened their eyes, except for a few zealots like Geebow who got shitcanned by his own party like Trudeau.
          You can't win elections with those morons anymore.

          I asked AI: Without sounding like a Liberal ****, list some of the reasons countries have scaled back renewables?

          Sorry about the Chuck like Cut and Paste, but too much to summerize.


          Governments have formally scaled back renewable mandates, cut subsidies, or adjusted their targets due to hard economic, logistical, and structural realities.
          The practical reasons countries are tapping the brakes include:

          1. The Fiscal Burden of Subsidies

          Many early renewable rollouts were built on government-guaranteed pricing structures, such as Feed-in Tariffs (FiTs).
          • The Issue: As solar and wind deployment exploded, the volume of power requiring state-subsidized payouts ballooned far beyond what government budgets or taxpayer-funded utility bills could absorb.
          • The Action: Countries like South Korea ([url]https://www.google.com/search?kgmid=/m/06qd3[/url]) deliberately lowered their 2030 renewable energy targets from 30.2% down to 21.6%, pivoting toward an approach focused on "rational and realistic supply conditions" to protect industrial competitiveness and curb rising domestic electricity bills. Similarly, the United States ([url]https://www.google.com/search?kgmid=/m/09c7w0[/url]) ended federal tax credit subsidies for new wind and solar projects under the Working Families Tax Cut. [1, 2]
          2. Cannibalization and Negative Power Prices

          The surge in intermittent renewable power has created a phenomenon known as "price cannibalization."
          • The Issue: On peak sunny or windy days, solar and wind farms flood the market with electricity all at once. Because electricity must be used instantly and storage is limited, this oversupply crashes the wholesale price of electricity to zero or even negative numbers.
          • The Action: In France ([url]https://www.google.com/search?kgmid=/m/0f8l9c[/url]), despite massive surges in solar capacity, the government has scaled back future renewable targets. The oversupply was frequently forcing negative wholesale power prices, making it financially unviable for operators and threatening grid stability.
          3. Astronomical Grid Integration Costs

          Generating green electricity is relatively cheap; moving it to where people live is incredibly expensive.
          • The Issue: Traditional power grids are built for centralized plants (like coal or nuclear) located near cities. Connecting thousands of scattered wind and solar farms requires a total overhaul of high-voltage transmission networks.
          • The Action: Member states in the European Union recently scaled back massive, top-down funding plans for cross-country energy grids. Governments balked at the sheer capital required, which was driving up consumer energy prices and hurting local industries compared to cheaper energy markets like China. [3]
          4. Severe Supply Chain and Interest Rate Shock

          Renewable projects are intensely front-loaded, meaning almost all the expense is paid upfront to manufacture and install the equipment.
          • The Issue: Global inflation and high interest rates made borrowing money for massive infrastructure projects incredibly expensive. Combined with skyrocketing costs for steel, copper, and specialized components, projects that looked profitable a few years ago became financial black holes.
          • The Action: Major utility and energy developers globally—including giant multi-nationals in Japan ([url]https://www.google.com/search?kgmid=/m/03_3d[/url])—sharply pulled back or completely canceled offshore wind and utility-scale solar commitments when the math no longer added up without endless government bailouts.
          5. Prioritizing Baseline Grid Security Over Volatility

          Geopolitics and real-world supply chain crises forced a realization that a grid reliant strictly on the weather is highly vulnerable.
          • The Action: Nations like Japan ([url]https://www.google.com/search?kgmid=/m/03_3d[/url]) have recalibrated their long-term energy strategies. In their updated Strategic Energy Plans, they shifted focus away from an exclusive rush toward renewables and instead explicitly raised their nuclear power targets. By aiming to restart idled reactors and commercializing small modular reactors, they are prioritizing a predictable, constant "baseline" of domestic power over weather-dependent sources.




          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 22652

            #25
            Originally posted by chuckChuck View Post
            Refurbisjing coal is an expensive and foolish option!

            We can build more efficient and much cleaner gas plants and more renewables all backed up by several options.

            Brad Wall was all gung ho for 50% renewables in Saskatchewan! What changed?

            Brad Wall was so bullish on renewables in 2016 he said Saskatchewan would have 50% renewables by 2030!

            And Sask Power must have said that would work. Then along comes Moe, tRump and suddenly renewables are no good? LOL

            All bullshit politics from the politicians who are working for the oil industry!

            Perhaps we need nuclear to get to zero emissions. Burt that is the most expensive option and a long way off.

            So if climate change isn't a threat, why is Scott Moe supporting nuclear to get to zero emissions electricity?


            Lol. What changed ? Reality set in
            then now data centers and a massive influx of immigrants. The current grid needs big reliable 24/7 influx of power upgrades . Not intermittent energy from solar and wind
            A lot has changed since 2016 , and by far the worst was a decade of failed liberal policies aided by the NDP as a coalition partner
            Last edited by furrowtickler; Sep 7, 2026, 11:14.

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 22652

              #26
              Tell Jagmeet Signh to hand over his pension for helping create this complete mess

              Comment

              • chuckChuck
                Senior Member
                • Dec 2006
                • 13439

                #27
                Should Brad Wall hand over his pension too? He supported 50% renewables.

                Comment

                • furrowtickler
                  Senior Member
                  • Dec 2004
                  • 22652

                  #28
                  Originally posted by chuckChuck View Post
                  Should Brad Wall hand over his pension too? He supported 50% renewables.
                  Why , Brad never sold out Canadians , Singh did

                  Comment

                  • chuckChuck
                    Senior Member
                    • Dec 2006
                    • 13439

                    #29
                    How did Singh sell out Canadians Furrow?

                    Again that is a matter of opinion.

                    Just a lot of conservative partisan hot air from the cheap seats!

                    Comment

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