Governments are backing nuclear power in a big way but fears of disasters still linger, with any mishap having the potential to derail the big nuclear resurgence. As governments get behind nuclear projects for the first time in several decades, in order to boost their energy security, many continue to be fearful of nuclear developments for both safety and environmental reasons. But will leaders be able to convince the public of the need for nuclear energy as part of a green transition? Nuclear energy was hailed years ago as the cleaner alternative to fossil fuels that could provide reliable energy to countries around the globe. But as it was increasing in popularity, with several major global developments being achieved, three notable disasters undermined the potential for widespread nuclear development. The events of Three Mile Island in Pennsylvania in 1979; Chornobyl in 1986; and Fukushima in Japan in 2011 led to a movement away from the development of nuclear projects in favor, largely, of fossil fuels.
An Unjustified Fear Of Nuclear Energy Is Holding The Industry Back
Tag: Energy
China Heralds Another Major Oil Discovery
China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.
The discovery is the result of exploration in the Shunbei oil and gas field, said to be one of the deepest commercial fields in the world, in the country’s Xinjiang region.
China Heralds Another Major Oil Discovery
Related:
Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE
The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions
Vast oil deposits discovered in Xinjiang
I’m sure Halliburton would love to get their hands on that oil! Oh wait, that was Iraq!
Moscow’s New Found Independence + More
Moscow’s New Found Independence
Hudson noted, however, that “the biggest beneficiary” of Russia having been laden with sanctions is Washington. This is because Europe, which is heavily reliant on Russian energy, is faced with simultaneous energy and food crises, thus leaving it with little ability to pay attention to other matters.
“Basically, Washington doesn’t care if Russia wins the war [in Ukraine], because the US has succeeded in eliminating its competition in Europe, especially Germany.”
Related:
The agency added that the European Union’s commitment to reduce member states’ gas consumption by 15 percent from August 2022 to March 2023 will continue to increase oil demand by about 300,000 barrels per day for the next six quarters.
The Aframax vessels are optimally-sized to dock at European docks, which often cannot fit supertankers, an analyst from E.A. Gibson Shipbrokers told Bloomberg, and the current sky-high rates should remain heightened in the months ahead so long as sanctions against Russia remain.
…
“The market consensus was too pessimistic about Russia’s capability to re-route volumes to other buyers,” IEA analysts said. “Russia’s exports adjusted towards other buyers without a serious disruption to its production.”
Russia’s Statement at the UNSC Briefing on Attacks by Ukrainian Armed Forces on the Zaporozhye NPP
Statement by Permanent Representative Vassily Nebenzia at UNSC briefing regarding the attacks of Ukrainian armed forces on the Zaporozhye NPP (agenda item “Threats to international peace and security”)
Russia’s Statement at the UNSC Briefing on Attacks by Ukrainian Armed Forces on the Zaporozhye NPP
How Ukraine Lost Its Riches
If the ‘west’ really wants to deprive Russia of money it must immediately lift the sanctions and restart importing oil, gas and coal from Russia at then much lower prices.
Russia will not lack money to finance the rebuilding of Novorossiya’s great industries. Once that is done those areas are evidently able to support themselves and to guarantee a high standard of living. They will also have enough money to militarily defend themselves against anything the poor rest of Ukraine will be able to finance.
At the end of March, after negotiations between Russia and Ukraine in Turkey, there was nearly an agreement on a ceasefire and on the end of the war. Joe Biden then tasked Boris Johnson with telling Zelensky to continue the war. The ‘west’ would otherwise stop paying him. Zelensky did as he was told and stopped all negotiations with Russia.
An agreement with Russia at that time would have kept the Ukraine mostly as one state with only minor losses in the Donbas. But the decision to continue the hopeless war also ended all chances for Ukraine to keep its riches.
It will be poor and helpless while its ‘western’ neighbors will feast on it.
The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible
The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented US$370 billion in energy and climate programs over the next 10 years – including incentives to expand renewable energy and electric vehicles.
The climate bill could short-circuitEV tax credits, making qualifying for them nearly impossible
Biden and the U.S.-Israel-GCC axis: It’s not the oil, it’s the money
Joe Biden didn’t go to Arabia in July to beg for oil. That’s not the nature of the U.S.-Saudi relationship.
He didn’t go to Palestine to promote peace. The U.S.-Israeli relationship is based on endless war. And war is what Biden’s trip was about.
Biden and the U.S.-Israel-GCC axis: It’s not the oil, it’s the money
Why The West Is Easing Its Sanctions On Russia
While the EU remains determined to punish Russia for its invasion of Ukraine, a shortage of energy and food is forcing the group to ease sanctions.
Why The West Is Easing Its Sanctions On Russia
Moscow prioritises ties with Myanmar
The Russian Foreign Minister Sergey Lavrov’s visit to Myanmar on August 3 shows that the relationship is assuming a strategic character. The Foreign Ministry in a press release on August 2 highlighted that the relationship is “one of the priorities of foreign policy in the Asia–Pacific region, an important factor in ensuring peace, stability and sustainable development.”
Moscow prioritises ties with Myanmar
Oliver Boyd-Barrett: Approaching War with China
By Prof. Oliver Boyd-Barrett, Substack, 7/29/22
Donbass and Kherson Developments
Drawing on Dima’s reports to the Military Summary Channel, it appears to Mercouris (Mercouris July 29 2022) that the Russian renewed offensive is now in full force, more intensely overwhelming than it has ever been, quite contrary to a recent BBC report.
Oliver Boyd-Barrett: Approaching War with China
Ms. Cat’s Chronicles 
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