Back in the 1800s the primary use of energy was to generate heat by cutting down trees and vegetation and burning them as fuel - referred to here as “Traditional Biomass”
- this was a defining feature of our World 2.0
GLOBAL ENERGY CONSUMPTION - A PRIMER
We have hopefully all seen this wonderful diagram from LLNL showing the Flow Diagram of the world’s Energy Consumption in a very useful form full of diagnostic power
So how did we get to here ?
And where are we going from here ?
Back in the 1800s the primary use of energy was to generate heat by cutting down trees and vegetation and burning them as fuel - referred to here as “Traditional Biomass”
- this was a defining feature of our World 2.0
- and they started to define many of the characteristics of our World 3.0
4. Coal reached as high as 50% of our Energy supply and has continued to grow in absolute terms even though its proportion has shrunk to around 25%
6. And Gas has been steadily growing its share of the market
8. And technology has more recently enabled Wind and Solar to have growth potential as Energy sources, but their scale remains very small
- which is almost half of the growth rate of Global GDP which runs at about +3.0% per annum on a trend-line basis
- and the result would be a consumption rate of TWh 263,800 per year by 2050, or 1.66x higher than the current level as of 2019
This chart tells us that we are consuming 534,000 PJs of primary energy
- but we are only getting 210,000 PJs of useful work out of that
- and 58% of what flows through the system is getting wasted as Rejected Energy
- where the laws of physics dictate natural limits to energy conversion efficiency
- we can achieve the same functional outcomes with dramatically less energy consumption because less input energy is rejected as waste heat
- with Transportation as the single biggest area of opportunity
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These moρlahs, guided by the bigot Alι Mµsαlιαr did not fight against any oppression, Britishers or landlords. The moρlah rebellion is a vιolent vehιcle of jιhαδ. Its sole purpose: to mαssαcre Hindu-s, convert them to ιslαm and establish M sovereignty.
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Tyrant Tιρµ was largely responsible for the forced conversions in Kerala. He surrounded homes of the H and forced them to convert to ιslαm, consume bεεf and be circµmcised.
Fleeing persecution from the rogue, many H fled to Tiruvanantapuram. There too, common M would now and then be enraged and wage jιhαδ on the helpless Hindu-s. The forcible conversions and desecration of our temples were the norm of the day.
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T L Strange, a special commisioner of the Malabar region was appointed to enquire into the reasons for the outrages. He filed a report "Malabar Manual" in 1852 where he firmly says that the reason for the 'uprising' was M rεligιous fαnatιcism —
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Moplah outrages on H was a regular occurrence in Kerala as we will show below. The most gruesome one in 1921 is what is famously referred to as such nowadays. In the aftermath of 1921, a special tribunal of 3 judges convened in Calicut.
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Popular front day Rally in Chelari town mallappuram dist Kerala. \U0001f633 pic.twitter.com/VLrhPETzWO
— \u092e\u0939\u093e\u0935\u0940\u0930 \u091c\u0948\u0928, \u0cae\u0cb9\u0cbe\u0cb5\u0cc0\u0cb0\u0ccd \u0c9c\u0cc8\u0ca8, Mahaveer Jain (@MahaveerVJ) February 19, 2021
Tyrant Tιρµ was largely responsible for the forced conversions in Kerala. He surrounded homes of the H and forced them to convert to ιslαm, consume bεεf and be circµmcised.
Fleeing persecution from the rogue, many H fled to Tiruvanantapuram. There too, common M would now and then be enraged and wage jιhαδ on the helpless Hindu-s. The forcible conversions and desecration of our temples were the norm of the day.
⋮
T L Strange, a special commisioner of the Malabar region was appointed to enquire into the reasons for the outrages. He filed a report "Malabar Manual" in 1852 where he firmly says that the reason for the 'uprising' was M rεligιous fαnatιcism —
⋮
Moplah outrages on H was a regular occurrence in Kerala as we will show below. The most gruesome one in 1921 is what is famously referred to as such nowadays. In the aftermath of 1921, a special tribunal of 3 judges convened in Calicut.
⋮
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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
