Tag Archives: green energy

Concerned About “Climate Change”? Give Us Your Land

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JP Morgan CEO Recommends Taking Private Land From Americans To Accelerate Green Energy Policies

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Jamie Dimon, the CEO of JPMorgan Chase, one of the largest banks in the U.S., is advocating for the forceable seizure of American land. In an annual shareholder’s letter, he advised that seizing private property might help the U.S. cope with the climate crises.

JP Morgan Chase CEO Jamie Dimon

100 Percent Fed Up reports – The CEO began his letter by admitting to shareholders that the pandemic and the Ukraine war have taken a toll on the bank, “Across the globe, 2022 was another year of significant challenges: from a terrible war in Ukraine and growing geopolitical tensions — particularly with China — to a politically divided America, almost all nations felt the effects of global economic uncertainty, including higher energy and food prices, mounting inflation rates and volatile markets, and, of course, COVID-19’s lingering impacts.”

Dimon Continued, “While all these experiences and associated turmoil have serious ramifications on our company, colleagues, clients, and the countries in which we do business, their consequences on the world at large — with the extreme suffering of the Ukrainian people and the potential restructuring of the global order — are far more important.”

But then Dimon surprised shareholders when he brought an “Update on Specific Issues Facing Our Company” under the “Climate Complexity and Planning” subsection and spoke on Eminent Domain.

Eminent Domain is the legal theory enabling governments to seize private property for public use. The property owner’s reimbursement for their possessions is generally less than the value of the property that was taken.

Following previous climate fearmongers like Al Gore, Dimon warned shareholders that time is running out, “The window for action to avert the costliest impacts of global climate change is closing,” He added, “to expedite progress, governments, businesses, and non-governmental organizations need to align across a series of practical policy changes that comprehensively address fundamental issues that are holding us back. Massive global investment in clean energy technologies must be done and must continue to grow year-over-year,” Dimon noted.

He described the need to employ “practical policy changes.” And said that could include utilizing eminent Domain to take private property in order to fight climate control, “At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke Eminent Domain.”

West Virginia State Treasurer Riley Moore pointed out the devastation that could be caused by the U.S. government simply seizing personal property. He tweeted, “JP Morgan’s CEO wants to use Eminent Domain to build more wind and solar farms. If you think food and energy prices are bad now, just wait until the government starts seizing farmland to build solar panels. This kind of thinking poses an existential threat to the middle class.

 

Dimon, who has yet to offer his own private property to the government for less than its value, tried to make his suggestion sound less tyrannical and extreme by saying “green energies” are not advancing quickly enough,

“We simply are not getting the adequate investments fast enough for grid, solar, wind, and pipeline initiatives.”

Dimon’s comments are reminiscent of World Economic Forums Founder Klaus Schwab’s eery promise, “You will own nothing and be happy.”

One Twitter user responded that JPMorgan and Chase Bank customers should pull their accounts ASAP to make Dimon shut his mouth while also pointing out that the communist desire to strip Americans of their hard-earned assets is alive and well.

from:    https://www.thegatewaypundit.com/2023/04/jp-morgan-ceo-recommends-taking-private-land-from-americans-to-accelerate-green-energy-policies/

Making Diesel Fuel out of Sugar

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Long-abandoned bacterial fermentation process converts sugar directly to diesel November 7, 2012
Sweet diesel! Breakthrough process converts sugar directly to diesel
A long-abandoned fermentation process once used to turn starch into explosives can be used to produce renewable diesel fuel to replace the fossil fuels now used in transportation, University of California, Berkeley, scientists have discovered.
Campus chemists and chemical engineers teamed up to produce diesel fuel from the products of a bacterial fermentation discovered nearly 100 years ago by the first president of Israel, chemist Chaim Weizmann. The retooled process produces a mix of products that contain more energy per gallon than ethanol that is used today in transportation fuels and could be commercialized within 5-10 years. While the fuel’s cost is still higher than diesel or gasoline made from fossil fuels, the scientists said the process would drastically reduce greenhouse gas emissions from transportation, one of the major contributors to global climate change. “What I am really excited about is that this is a fundamentally different way of taking feedstocks – sugar or starch – and making all sorts of renewable things, from fuels to commodity chemicals like plastics,” said Dean Toste, UC Berkeley professor of chemistry and co-author of a report on the new development that will appear in the Nov. 8 issue of the journal Nature. The work by Toste, coauthors Harvey Blanch and Douglas Clark, UC Berkeley professors of chemical and biomolecular engineering, and their colleagues was supported by the Energy Biosciences Institute, a collaboration between UC Berkeley, Lawrence Berkeley National Laboratory and the University of Illinois at Urbana Champaign, and funded by the energy firm BP. The late Weizmann’s process employs the bacterium Clostridium acetobutylicum to ferment sugars into acetone, butanol and ethanol. Blanch and Clark developed a way of extracting the acetone and butanol from the fermentation mixture while leaving most of the ethanol behind, while Toste developed a catalyst that converted this ideally-proportioned brew into a mix of long-chain hydrocarbons that resembles the combination of hydrocarbons in diesel fuel. Tests showed that it burned about as well as normal petroleum-based diesel fuel.
“It looks very compatible with diesel, and can be blended like diesel to suit summer or winter driving conditions in different states,” said Blanch. The process is versatile enough to use a broad range of renewable starting materials, from corn sugar (glucose) and cane sugar (sucrose) to starch, and would work with non-food feedstocks such as grass, trees or field waste in cellulosic processes. “You can tune the size of your hydrocarbons based on the reaction conditions to produce the lighter hydrocarbons typical of gasoline, or the longer-chain hydrocarbons in diesel, or the branched chain hydrocarbons in jet fuel,” Toste said. The fermentation process, dubbed ABE for the three chemicals produced, was discovered by Weizmann around the start of World War I in 1914, and allowed Britain to produce acetone, which was needed to manufacture cordite, used at that time as a military propellant to replace gunpowder. The increased availability and decreased cost of petroleum soon made the process economically uncompetitive, though it was used again as a starting material for synthetic rubber during World War II. The last U.S. factory using the process to produce acetone and butanol closed in 1965. Nevertheless, Blanch said, the process by which the Clostridium bacteria convert sugar or starch to these three chemicals is very efficient. This led him and his laboratory to investigate ways of separating the fermentation products that would use less energy than the common method of distillation. They discovered that several organic solvents, in particular glyceryl tributyrate (tributyrin), could extract the acetone and butanol from the fermentation broth while not extracting much ethanol. Tributyrin is not toxic to the bacterium and, like oil and water, doesn’t mix with the broth. Brought together by the EBI, Blanch and Clark found that Toste had discovered a catalytic process that preferred exactly that proportion of acetone, butanol and ethanol to produce a range of hydrocarbons, primarily ketones, which burn similarly to the alkanes found in diesel. “The extractive fermentation process uses less than 10 percent of the energy of a conventional distillation to get the butanol and acetone out – that is the big energy savings,” said Blanch. “And the products go straight into the chemistry in the right ratios, it turns out.” The current catalytic process uses palladium and potassium phosphate, but further research is turning up other catalysts that are as effective, but cheaper and longer-lasting, Toste said. The catalysts work by binding ethanol and butanol and converting them to aldehydes, which react with acetone to add more carbon atoms, producing longer hydrocarbons. “To make this work, we had to have the biochemical engineers working hand in hand with the chemists, which means that to develop the process, we had learn each other’s language,” Clark said. “You don’t find that in very many places.” Clark noted that diesel produced via this process could initially supply niche markets, such as the military, but that renewable fuel standards in states such as California will eventually make biologically produced diesel financially viable, especially for trucks, trains and other vehicles that need more power than battery alternatives can provide. “Diesel could put Clostridium back in business, helping us to reduce global warming,” Clark said. “That is one of the main drivers behind this research.” Journal reference: Nature search and more info website