Twain's Mustache @TwainsMustache Twitter profile

Last Seen Profiles

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@fireplay_id

Twain's Mustache

@TwainsMustache

2 years

In hindsight, taking energy advice from a Swedish teenager was a really bad idea.

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Twain's Mustache

@TwainsMustache

2 years

Over the last 20 years world governments have spent north of $5 trillion on "green" energy. That has taken fossil fuels share of primary energy from 86% to 84% and world oil consumption increased from 77 million barrels per day to 100 million barrels per day. Do you get it?

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Twain's Mustache

@TwainsMustache

2 years

the greatest trick the devil played was convincing 'environmentalists' that electric vehicles were good for the environment

Brian Roemmele

@BrianRoemmele

2 years

To manufacture each EV battery, you must process 25,000 pounds of brine for the lithium 30,000 pounds of ore for the cobalt 5,000 pounds of ore for the nickel, 25,000 pounds of ore for copper Diging up 500,000 pounds of the earth's crust For just - one - battery.

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@TwainsMustache

2 years

Getting the facts straight is important. 84% of the world's primary energy TODAY comes from fossil fuels that is down from 86% in the year 2000

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@TwainsMustache

2 years

The year is 2025 and President DeSantis announces via executive fiat that gun owners will have $20,000 forgiven from their mortgage balances.

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Twain's Mustache

@TwainsMustache

2 years

This is why it’s impossible to feel sorry for the Germans. They wanted a childish Green Party in charge and they deserve to get it good and hard.

Giulia Saudelli

@giuliasaudelli

2 years

"Nuclear power and fossil fuels brought us here. They caused this crisis, they are not the solution." Strong and at times emotional speech by Robert Habeck, after weeks under pressure. Defending his actions in government, but standing by Green values. He got a standing ovation.

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Twain's Mustache

@TwainsMustache

2 years

Immigration is probably the United States' greatest competitive advantage globally but it's shocking how bad we are at it from a policy standpoint.

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Twain's Mustache

@TwainsMustache

2 years

amazing that U.S. environmentalists are pretending like Energiewende is still a model worth pursuing Energiewende had minimal impact on overall CO2 emissions while bankrupting Germany's industrial base and making German citizens citizens permanently poorer 🥴

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Twain's Mustache

@TwainsMustache

2 years

If you thought printing oil was hard, try printing a refinery.

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Twain's Mustache

@TwainsMustache

1 year

Germany trying to figure out energy policy.

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Twain's Mustache

@TwainsMustache

2 years

the exponential age, derailed by 75 bps of hikes to the Fed Funds rate

Reuters

@Reuters

2 years

ARK's Wood sees global recession, blames market selloff on Fed hike plan

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Twain's Mustache

@TwainsMustache

2 years

Slowly at first, then all at once.

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Twain's Mustache

@TwainsMustache

2 years

Listening to Swedish teenagers on energy policy is how Europe got into this mess.

Greta Thunberg

@GretaThunberg

2 years

Tomorrow the European Parliament will decide whether fossil gas and nuclear will be considered "sustainable" in the EU taxonomy. But no amount of lobbyism and greenwashing will ever make it "green". We desperately need real renewable energy, not false solutions. #NotMyTaxonomy

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Twain's Mustache

@TwainsMustache

2 years

Shiba Inu coin still has a $6.25B market cap Polkadot coin still has a $8.7B market cap Dogecoin still has a $10.9B market cap soooooo much more crypto pain to come

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@TwainsMustache

2 years

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Twain's Mustache

@TwainsMustache

2 years

Jennifer Granholm just said on CNBC that there are 400 million barrels *per day* in the SPR...can't make this shit up.

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Twain's Mustache

@TwainsMustache

2 years

when you prioritize electrons from intermittent wind & solar via egregious market distorting subsidies it destroys the efficiency of the grid by forcing the rest of the supply stack (dispatchable) to dance around wind & solar's intermittency

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Twain's Mustache

@TwainsMustache

2 years

still pretty blown away that the Biden admin used the Defense Production Act to push through solar projects using imported solar panels made from thermal coal in China while floating a windfall oil profits tax on U.S. oil producers...in the middle of global molecules shortages

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Twain's Mustache

@TwainsMustache

2 years

if i was a Western uranium fuel buyer i'd be freaking the F out right now...between Kazakhstan now being cemented as a quasi-Russian proxy and Rosatom potentially getting sanctioned a sizable chunk of the uranium fuel cycle could soon be untouchable.

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Twain's Mustache

@TwainsMustache

2 years

relying on intermittent wind & solar to provide anything other than ancillary contributions to electric grids is what happens when economic and energy illiteracy meets energy policy

*Walter Bloomberg

@DeItaone

2 years

GERMAN MONDAY BASELOAD POWER AT 215 EUR/MWH, UP 301.9% FROM FRIDAY DELIVERY AS WIND SUPPLY SET TO PLUMMET MORE THAN 29 GW TO 1.7 GW

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Twain's Mustache

@TwainsMustache

2 years

took a brief glance at the Tesla shareholders page on FB and my goodness, a lot of them bot the dip on margin, on top of having ~ 100% of their portfolio in TSLA, it's going to be a bloodbath

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Twain's Mustache

@TwainsMustache

5 months

Latest Vaclav Smil essay via JP Morgan These annual energy papers have probably made me more money over the past 5 years than any other piece of Wall St. research. Halfway between Kyoto and 2050: Zero carbon is a highly unlikely outcome.

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Twain's Mustache

@TwainsMustache

2 years

The best time to build nuclear power plants was 30 years ago, the second best time is now.

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Twain's Mustache

@TwainsMustache

2 years

“The energy transition is dead we just haven’t realized it yet.” Peter Ziehan

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@TwainsMustache

1 year

In case you need a reminder that Greenpeace is essentially an intellectually fraudulent organization.

Greenpeace International

@Greenpeace

1 year

The last remaining German nuclear power stations finally shut down two days ago. Germany's nuclear phaseout has made the remarkable growth of renewables possible. There's work to do, but a 100% renewable energy system is within reach.

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Twain's Mustache

@TwainsMustache

3 years

Roaring Kitty is the most honorable person on this panel. And it's not even close.

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Twain's Mustache

@TwainsMustache

2 years

Coal consumption has hit new all time highs despite being a smaller % of the primary energy pie and natural gas consumption continuously hits new highs almost every year.

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Twain's Mustache

@TwainsMustache

2 years

having failed to overcome the laws of physics the EU now attempts to overcome the laws of microeconomics

FinancialJuice

@financialjuice

2 years

EC PRES. VON DER LEYEN: THE EUROPEAN UNION SHOULD DECOUPLE ELECTRICITY PRICES FROM GAS PRICES.

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Twain's Mustache

@TwainsMustache

2 years

Europe is a caricature at this point because they have listened to "experts" like Lion here...this is a multidisciplinary real world problem not a theoretical classroom exercise.

Lion Hirth

@LionHirth

2 years

There is really only one way out of the European energy crisis: investing hundreds of billions of € into wind and solar. Any policy that makes such investments less attractive will prolong the crisis.

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Twain's Mustache

@TwainsMustache

3 years

The weird obsession with solar regardless of latitude (Germany) was one of the biggest clues that energy policy is being made by morons.

Ron Lamb

@ronlamb1

3 years

135 megawatt plant in southern Alberta. Not producing enough power to charge your cell phone.

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Twain's Mustache

@TwainsMustache

4 years

We are getting really close... $TSLA < chef's kiss dot gif >

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Twain's Mustache

@TwainsMustache

2 years

"I am a dinosaur, but I have never seen these things. The world needs to wake up to an existing reality. The world is running out of energy capacity at all levels." Saudi minister Prince Abdulaziz bin Salman

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Twain's Mustache

@TwainsMustache

2 years

for the oil & gas folks in rough oil terminology Kazakhstan is ~ 40% of upstream Rosatom is ~ 40% of downstream oh, and inventories are drawing about 12 million barrels per day in oil terms right now

Twain's Mustache

@TwainsMustache

2 years

if i was a Western uranium fuel buyer i'd be freaking the F out right now...between Kazakhstan now being cemented as a quasi-Russian proxy and Rosatom potentially getting sanctioned a sizable chunk of the uranium fuel cycle could soon be untouchable.

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Twain's Mustache

@TwainsMustache

2 years

now only overvalued by ~ $115

Frank Chaparro

@fintechfrank

2 years

A $350,000 Bored Ape NFT was just sold for only $115

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Twain's Mustache

@TwainsMustache

2 years

Personally, i find the bloviating about nuclear fusion interesting from a science project perspective but un-interesting from a practical perspective *especially* when nuclear fission is just right there waiting to be capitalized on.

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Twain's Mustache

@TwainsMustache

2 years

the villainization of fossil fuels (which provide 83% of the world's primary energy) is going to make the word GREEN politically toxic for the next decade

Doomberg

@DoombergT

2 years

By attacking fossil fuels, you strangle renewables. Few understand this.

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Twain's Mustache

@TwainsMustache

2 years

As bad as U.S. energy policy is, we've got nothing on the Europeans.

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Twain's Mustache

@TwainsMustache

2 years

more pain required amazing with 1yr forward baseload electricity trading at 430 euros per MWh German greens want to move forward with shutting even more CARBON-FREE baseload capacity i hope German voters are paying attention

Financial Times

@FT

2 years

German nuclear operators push on with shutdowns despite rethink

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Twain's Mustache

@TwainsMustache

2 years

the iron law of energy policy Germany is where rational energy policy goes to die

Reuters

@Reuters

2 years

German economy minister rules out keeping nuclear plants running to save gas

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Twain's Mustache

@TwainsMustache

2 years

Diamondback guiding to a 23% increase in capex for 2022...just to hold production flat. 🤷‍♂️

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Twain's Mustache

@TwainsMustache

2 years

Regular reminder that higher energy costs hurt poor people more than anyone, and most of the world is very poor compared to U.S. living standards.

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Twain's Mustache

@TwainsMustache

2 years

We are still in the early innings of energy transition illusions getting shattered, and I'm 100% here for it all.

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Twain's Mustache

@TwainsMustache

2 years

what an amazing paragraph h/t @DoombergT

Doomberg

@DoombergT

2 years

Grim Diesel

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Twain's Mustache

@TwainsMustache

2 years

In 2 years Germany will have spent $500 billion euros for a wind & solar system that in the aggregate doesn't work 80% of the time. Because the wind & solar capacity factors are so low and the electricity is not dispatchable Germany still keeps ~ 90% of it's fossil fuel capacity.

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Twain's Mustache

@TwainsMustache

2 years

amazing same dude that cancelled the Keystone XL pipeline on his first day in office we need Canada's higher API barrels to blend w/ super light U.S. shale oil...pipelines are much safer and environmentally friendly than crude by rail Energy ignorance has consequences.

*Walter Bloomberg

@DeItaone

2 years

*BIDEN ADMINISTRATION SEEKS TO BOOST OIL IMPORTS FROM CANADA: DJ

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Twain's Mustache

@TwainsMustache

2 years

Textbook

First Squawk

@FirstSquawk

2 years

CORPORATE JETS WILL ESCAPE EU’S NEW ‘GREEN’ AVIATION FUEL TAX

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Twain's Mustache

@TwainsMustache

2 years

Still so much energy ignorance. Solar, wind, and even nuclear make electricity. They are not substitutes for oil. We are still in the first phase (trying to decarbonize the electricity grid) the second phase...

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Twain's Mustache

@TwainsMustache

2 years

Big, if true.

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Twain's Mustache

@TwainsMustache

1 year

Having an ATM in place prior to filing for chapter 11 is going to become standard operating procedure going forward.

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Twain's Mustache

@TwainsMustache

2 years

@eleutheriaim False, renewable energy locks in the need for (especially) natural gas back up. Wind & solar have very low capacity factors that require nearly 100% of their capacity to be backed up by fossil fuels. Nuclear has high capacity factors and no carbon emissions. Nuclear is superior.

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Twain's Mustache

@TwainsMustache

2 years

It’s just hilarious that Germany burns lignite too, the dirtiest coal there is

chris keefer

@Dr_Keefer

2 years

#Energiewende

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Twain's Mustache

@TwainsMustache

3 years

My PA is a little overweight ESG at the moment

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Twain's Mustache

@TwainsMustache

2 years

Bloomberg has come a long way in a short period of time with a headline like this. Net Zero Isn’t Possible Without Nuclear

Net Zero Isn’t Possible Without Nuclear

Unfortunately, outdated regulations are impeding much-needed innovation to fight climate change. Time is running short.

www.bloomberg.com

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Twain's Mustache

@TwainsMustache

2 years

Future humans are going to laugh at how idiotic we were in thinking wind and solar and batteries would be the bedrock of an energy transition. The only question is, how much capital do we squander before we realize our folly?

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Twain's Mustache

@TwainsMustache

2 years

Nuclear is still the only scalable source of dispatchable carbon free electricity in the global technology stack today.

Grant Chalmers

@GrantChalmers

2 years

Percentage of electricity generation from low-carbon sources in 2021. #rstats #ggplot2 #tidyverse #cleanenergy #bpstats

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Twain's Mustache

@TwainsMustache

2 years

Germany, where rational energy policy goes to die.

Reuters

@Reuters

2 years

Exclusive: Germany is moving away from its plan to establish a strategic national coal reserve, sources from the government and industry told @Reuters

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Twain's Mustache

@TwainsMustache

2 years

@DoombergT it's one of the 4 pillars of modern society Steel Cement Ammonia Plastics

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Twain's Mustache

@TwainsMustache

2 years

This should be a minimum 25 year jail sentence and the organizations should be sanctioned as terrorist financiers.

Letzte Generation

@AufstandLastGen

2 years

We make this #Monet the stage and the public the audience. If it takes a painting – with #MashedPotatoes or #TomatoSoup thrown at it – to make society remember that the fossil fuel course is killing us all: Then we'll give you #MashedPotatoes on a painting!

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Twain's Mustache

@TwainsMustache

2 years

you don't say

FinancialJuice

@financialjuice

2 years

NUCLEAR POWER PLANTS MIGHT BE BUILT MORE QUICKLY TO HELP ALLEVIATE THE UK'S SPIRALLING ENERGY ISSUE - TELEGRAPH.

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Twain's Mustache

@TwainsMustache

3 years

The best time to build nuclear power plants was 30 years ago, the second best time is now.

Niall Ferguson

@nfergus

3 years

Governments are realizing too late that there has to be a source of power that can be relied on when the wind drops and clouds cover the sun. Some are scrambling to build a new generation of nuclear reactors. But that takes time. And winter is coming.

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@TwainsMustache

2 years

Solar panels and wind turbines require lots of fossil fuels to build and they wear out and have to be replaced every 20 years or so, that’s not renewable. They also require lots of mined minerals that take a toll on land and water ecosystems, plus massive land use footprints.

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@TwainsMustache

1 year

as opposed to being released wantonly into the atmosphere waste containment is one of nuclear energy's greatest strengths and yet unscientific idiots in the "environmental" groups like @Greenpeace would rather the world get poorer eating up more land/wildlife via wind/solar

isabelle 🪐

@isabelleboemeke

1 year

them: what about nuclear waste? me: you mean the waste you can stand right next to and touch?

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@TwainsMustache

4 years

I hate to be *that guy* but... We are headed for/are in a major default cycle. The growth in low quality debt during 2009-2019 was off the charts. There's over $3 trillion in BBB rated debt. Big gaps between the bonds the Fed is buying (quality) and fiscal help from congress.

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@TwainsMustache

2 years

@federalreserve

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@TwainsMustache

8 months

82% of the world's primary energy in one picture.

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Twain's Mustache

@TwainsMustache

10 months

If by "failed" he means 'lifted the world out of abject poverty and destitution' then he's correct.

Bloomberg Energy

@BloombergNRG

10 months

The UN secretary-general says “the fossil fuel age has failed”

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Twain's Mustache

@TwainsMustache

2 years

Virtue signaling is not an energy policy. Energy ignorance has consequences.

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Twain's Mustache

@TwainsMustache

2 years

ARCH was up 14% today in case any of you FANG bros are looking for some real earnings growth and massive FCF yields

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Twain's Mustache

@TwainsMustache

2 years

If you own idled industrial capacity in Europe watching this, you aren’t wondering when you can re-open you are wondering where else in the world you can move too.

Zion Lights

@ziontree

2 years

The Belgian government will not be extending the lifetime of two nuclear reactors, as originally promised. They’ve made this decision in the middle of an energy crisis. 👎🏽

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@TwainsMustache

5 years

@ElonBachman @DonutShorts @elonmusk @Porsche "Founder"

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@TwainsMustache

10 months

You could 10x the amount of wind & solar in the U.S. grid (including spending massive amounts on transmission and distribution) and still not replace the need to keep *all* of the country’s current thermal generation capacity. The economics would be terrible, but you’d need to

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Twain's Mustache

@TwainsMustache

8 months

my 2 cents either the global economy is much weaker than people think or the price of oil here is 'wrong'

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@TwainsMustache

2 years

If we’re going to solve climate change in the next 100 years it’s going to come from harnessing and deploying the energy inside atoms and breakthroughs in materials sciences, not harnessing pitifully diffuse and material intensive wind and solar energy.

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@TwainsMustache

2 years

Every rich world climate envoy should be required to live a year in abject energy poverty, the way much of the world does every day, before being allowed to preach the climate alarmism gospel to the world on behalf of developed nations.

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Twain's Mustache

@TwainsMustache

2 years

from the German economy ministry FAQ page on why they won't keep their last three nuclear power plants open maybe they just assume Germans are morons?

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@TwainsMustache

3 years

~ 85% of the world's primary energy comes from fossil fuels this is mass delusion by the virtue signaling and ignorant 'elites'

Nikkei Asia

@NikkeiAsia

3 years

STARVE THE BEAST | NO MORE SPENDING ON FOSSIL FUELS More than 1,500 pension funds, universities and other organizations around the world plan to divest from fossil fuel assets.

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@TwainsMustache

3 years

oil down $20 in two weeks w/ inventories drawing during shoulder season...too good

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@TwainsMustache

2 years

Put these people in jail where they belong.

Disclose.tv

@disclosetv

2 years

NEW - Just Stop Oil eco-mob blockade central London petrol stations, smashing up petrol pumps.

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@TwainsMustache

2 years

The spending globally on wind & solar is one of the largest misallocations of capital in human history. The consequences will be dire for human well being. #Timestamp

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@TwainsMustache

2 years

i don't think people really understand how bad Germany has screwed up here...it doesn't matter how much wind/solar capacity you add the decarbonization benefits will be capped by their pitifully low capacity factors (especially in Germany)

B.F. Randall ⚛ ⛏ ⚡

@Mining_Atoms

2 years

@TwainsMustache

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@TwainsMustache

2 years

"nuclear energy is going to be a vital part of our energy mix going forward." Jon Ossoff (D) Georgia

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@TwainsMustache

10 months

this speaks to just how difficult it is to disentangle anthropogenic climate change from natural variability...we're trying to disentangle causality from noisy data sets measuring tiny average shifts over very long time periods

CDN

@ClimateDN

10 months

Statistics Norway published a taboo-breaking paper whose conclusion states “the results imply that the effect of man-made CO2 emissions does not appear to be sufficiently strong to cause systematic changes in the pattern of the temperature fluctuations.”

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@TwainsMustache

2 years

Maybe going backwards on the energy density ladder and building an energy grid that prioritizes high entropy wind and solar is a massively wealth destroy misallocation of capital unrivaled in human history outside of war.

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Twain's Mustache

@TwainsMustache

4 years

Good satire is always dangerously close to the truth.

The Babylon Bee

@TheBabylonBee

4 years

State With No Electricity Orders Everyone To Drive Cars That Run On Electricity

911

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@TwainsMustache

3 years

The $TSLA customer list has to be the most valuable hidden asset on @Tesla balance sheet. biggest idiots since Fyre Festival

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@TwainsMustache

3 years

It would be one thing if this energy crisis was coinciding with some freak cold snap or something but it's f-ing SEPTEMBER. Can we stop listening to the people that have caused this gd mess yet?

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@TwainsMustache

3 years

Gains in energy stocks are testing climate-conscious investors who long avoided shares of fossil-fuel producers but are now missing out on the year’s top trade via @WSJ

Energy-Stock Surge Leaves Climate-Focused Investors Behind

Gains in energy stocks are testing investors who long avoided shares of fossil-fuel producers but are now missing out on the year’s top trade.

www.wsj.com

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@TwainsMustache

2 years

Energy ignorance has consequences.

*Walter Bloomberg

@DeItaone

2 years

*SCHUMER SAYS OIL PRICES ARE NOT 'FAIR' OR 'SENSIBLE'

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@TwainsMustache

1 year

The amazing economics of over penetration of VRE. Produce worthless energy when people don’t want it, produce nothing when people do want it.

Bloomberg Energy

@BloombergNRG

1 year

Power prices in Europe fell below zero again as production from solar farms overwhelms the grid early in the afternoon

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@TwainsMustache

9 months

If you love the 10yr at 5%, you're going to really love it at 7%.

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@TwainsMustache

1 year

Energiewende was never about the climate. Energy ignorance has consequences.

Arpit Gupta

@arpitrage

1 year

Good graphic here. Nuclear actually provided almost 30% of total energy needs in the 90s in Germany; has now been reduced to zero. If that share were maintained, you could basically eliminate coal today.

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@TwainsMustache

2 years

It’s glorious

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@TwainsMustache

1 year

Energy ignorance has consequences.

Javier Blas

@JavierBlas

1 year

An important, and often overlooked, comment from ECB President Christine Lagarde: the eurozone "cannot fully recover" the wealth loss (aka terms-of-trade) due to the energy crisis. Cannot. Period. Full speech:

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@TwainsMustache

2 years

"As reality will soon demonstrate, if a country can't afford to keep its citizens warm during the winter, then that country is poor, not rich." @DoombergT

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@TwainsMustache

2 years

makes you wonder what other "widespread consensus" they would lie about

The White House

@WhiteHouse

2 years

There is widespread consensus that the runup of energy prices since January was caused by the building of Putin’s troops at Ukraine’s border. Russia is the world’s 3rd largest oil producer, and energy supply disruptions and market volatility are a result of Putin’s aggression.

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@TwainsMustache

3 years

Robinhood's trading restrictions lead me to believe their financial position is much more compromised than I thought. #Timestamp

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@TwainsMustache

2 years

The food and refugee crises that climate change alarmists fear 80 years from now are occurring in real time due to war and energy/food insecurity.

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Twain's Mustache

@TwainsMustache

3 years

just stop, it's embarrassing

*Walter Bloomberg

@DeItaone

3 years

WHITE HOUSE SAYS IT CALLS ON OPEC TO INCREASE OIL SUPPLY

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Twain's Mustache

@TwainsMustache

3 years

my god, it's happening i was reliably told by "very serious tweeters" that this company was a disaster incapable of executing Suncor crushing it $SU

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Twain's Mustache

@TwainsMustache

4 years

A friend of ours ex-husband committed suicide today. It’s easy to view Covid social restrictions as just a matter of preventing the disease, but please consider second order effects before getting on your soapbox about the “science”

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