Whetty Ford

@hausfath How long do we need to subsidize wind and solar given that they are already the cheapest forms of energy available?

The latest version of the Senate's BBB is a death sentence for US energy leadership and a giant gift to China. It eliminates tax cuts for solar that have been around since 2005, adds a new tax on solar after 2027, and creates a new direct subsidy for coal.

@johnarnold @douglewinenergy Pro growth regulatory environment in Texas makes it uniquely susceptible to the externality created by massive federal subsidy. Massive intermittency imposed on the people of Texas by the feds.

ERCOT added 9 GW of peak renewables output in the past year. Just stunning numbers. h/t @douglewinenergy

@ChrisMurphyCT Whose money is it Chris? Is it your money?

Hey. Good morning. As you’re watching coverage from California today, please remember that if the Republican budget bill passes, 40% of the country becomes poorer in order to pay for a $270,000 tax cut for the super wealthy.

@NiceQuarterGuys @ctrlopenbracket @pickeringenergy Adjusted for inflation you are at $40

@ctrlopenbracket @pickeringenergy Sentiment makes it seem like we're at $40 and half the industry just got laid off

@JigarShahDC That link provided exactly zero details on LPO recovery from Ivanpah. Can you enlighten us?

@fortworthchris Ken is great, but I don’t believe those returns at all given what I know of recent vintage NGP funds which are much larger than those early funds. Let’s see the backup!

Tomorrow’s guest is Ken Hersh - Co-Founder of NGP Energy Capital Management. In this clip, we discuss his original investment thesis for NGP (that he came up with as a 25 y/o in the late 1980’s). NGP’s track record over 27 years is a 30% annualized rate of return, making it one of the nation’s leading private investors.

@jrockstrom Retard paper doesn’t allow for dynamism in trade linkages and way overstates “extreme” weather bullshit. Not based in the science at all.

Another nail in the Nordhaus DICE coffin that for decades has erroneously downplayed economic impacts of global warming - New study shows average person will be 40% poorer if world warms by 4C, in line with recent Kotz et al paper (19% income loss 2050) theguardian.com/environment/20…

@squawksquare So you went short 2 years ago?

The delivery numbers today proved that Elon's meddling in politics is starting to destroy $TSLA and the brand. I've been saying it for almost 2 years but we're now seeing it.

@DivesTech @nypost

“We remain firmly bullish on the long-term Tesla story but Musk needs to get his act together or else unfortunately darker times are ahead for Tesla,” Dan Ives added. nypost.com/2025/04/02/bus… @nypost

@ericnuttall Plot spare capacity

This is not what an oil bear market looks like.

What do you think boys? Pretty easy to get a well to TD to drop the nuke in harsh conditions? Scariest environment imaginable….

@hausfath Awesome!

Winters have been warming rapidly in the contiguous US over the past 50 years. There are now on average 13 fewer days where temperatures get below freezing (0C, 32F), with some places seeing nearly full month that no longer gets below freezing:

@EnergyCynic Very tough to push service costs even lower when a lot of those guys are already bleeding out. You can save your locations for a better day though.

2025 cost structure + 2005 oil price = ☠️ First public E&P to cut capital and let production decline 5% wins ✅ Increase near term FCF ✅ Extend inventory duration (be honest, you have less than you say) ✅ Lower reinvestment rate longer term ✅ Push services prices down

@WeatherProf @LeonSimons8

It's hard to believe that humanity is at a place where a headline like this, to our peril, is merely met with a yawn... "Earth is now retaining profuse excess heat - the equiavlent of a million nuclear bombs per day - in our climate system. H/T to @LeonSimons8 Linear trend

Im still dealing with shock and trauma from Wednesday fighting the fire and seeing so much loss. It seems my battle to keep the fire from jumping sunset saved our neighborhood. Thank god for kern county firefighters showed when we got very desperate.

@hausfath You used scary colors

Great (and scary) visualization of 2024 daily temperatures compared to prior years by the BBC today. Evocative of the iconic Joy Division album cover from 1979: bbc.com/news/articles/…

@ericnuttall It’s on the production overhang

Where's the glut???

@balls95652097 @ChrisMartzWX @millersvilleu @ametsoc Where is this stationarity you speak of?

The undergrad student @ChrisMartzWX regularly says this - one of his rotating silly arguments. He still does not understand the statistical concept of stationarity. @millersvilleu @ametsoc

@philippilk Pretty pathetic that you don’t reference inflation

1/ What is actually happening in Argentina? Has Milei fixed the country? Or do the deep structural problems remain - and are they getting worse? 🇦🇷🧵

@garyblack00 What about Cyber ?

$TSLAQ shorts have no idea what I’m talking about when I say the $TSLA Model Q hatchback will result in significant TAM expansion. Then again, they never got what I meant in 2020 when I said Model Y would result in significant TAM expansion since it allowed TSLA to enter the huge and growing CUV category.