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Can The US Survive An EMP Attack?

While there’s no question that a nuclear strike on the Continental US would be utterly devastating, it’s not the only way a rogue state like North Korea could kill millions of American civilians in one fell swoop. Another possibility that is being studied by lawmakers and Pentagon officials is – like North Korea itself – […]


How A North Korean EMP Attack Could Kill Millions And Turn America Into A Post-Apocalyptic Wasteland

Authored by Michael Snyder via The Economic Collapse blog, This is why North Korea’s test of an intercontinental ballistic missile is so important.  North Korea had test fired a total of 22 missiles so far this year, but this latest one showed that nobody on the globe is out of their reach.  In fact, General […]


About That Sensationalist Bitcoin Electrical Consumption Story

Authored by Charles Hugh Smith via OfTwoMinds blog, Check the context before uncritically accepting sensationalist conclusions. Let's start with a primer on how to write a sensationalist story that can be passed off as "journalism:" 1. Locate credible-sounding data that can be de-contextualized, i.e. sensationalized.   2. Present the data as "fact" rather than data […]


Why Bitcoin-Mining May Be Elon Musk’s Next Big Problem…

If you thought Tesla was burning cash now, wait until this latest scheme goes mainstream… As EcoMotoringNews.com reports, some creative Tesla owners came up with a way to make a few bucks from their parked EVs: Cryptocurrency mining. This raises questions that shouldn’t just be aimed at bitcoin mining, or even electric vehicles. For those […]


The U.S. Is Crushing Its Clean Energy Forecasts

Paris, schmarish… In a February 2007 report, the United States Department of Energy made thirty-year predictions for the country's energy usage and production. As Statista's infographic below shows, using data from the non-profit international environmental pressure group Natural Resources Defense Council, these forecasts have so far been smashed. You will find more statistics at Statista Martin Armstrong details […]


The White House Is Being Warned: North Korea Is Planning A “Devatstaing EMP Attack” On America

Marine Corps veteran Tommy Waller, director of special projects at the Center for Security Policy, has warned President Trump about the EMP threat facing the United States. "Winston Churchill once said, 'History will be kind to me for I intend to write it'…   The surest way for history to be kind to President Trump […]


Germany Forced To Pay Consumers To Use More Electricity

A stormy weekend led to free electricity in Germany, as Bloomberg reports wind generation reached a record, forcing power producers to pay customers the most since Christmas 2012 to use electricity. Power prices turned negative as wind output reached 39,409 megawatts on Saturday, equivalent to the output of about 40 nuclear reactors.  To keep the grid […]


If North Korea Can Kill 90% Of Americans In A Year, Why Did DoD Just Defund The Congressional EMP Commission?

Authored by Daisy Luther via The Organic Prepper blog, At a House hearing yesterday, experts warned members of Congress that a North Korean EMP attack could kill 90% of Americans within one year, calling it an “existential threat.” But despite this looming crisis, the Department of Defense has decided now was the time to defund […]


The Race For The “Holy Grail” Of Renewables

Authored by Irina Slav via OilPrice.com, In February, AES Energy’s Escondido battery storage facility in California was hailed as the largest one to date, with a capacity of 30 MW/120 MWh. Now, Tesla is building a bigger one—100 MW/129 MWh—in Australia. On the face of it, it’s a race for the bigger battery storage system. […]


In Florida, You Can’t Use Your Own Solar Panels In A Crisis

Authored by Mike Krieger via Liberty Blitzkrieg blog, When it comes to the U.S. economy, the “con” part offers the best description of the current relationship between business, government and the preyed upon consumer. The way things work in early 21st century America is large businesses bribe politicians in a variety of ways at both […]


A “Super-Powerful” EMP Attack: North Korea’s Newest Weapon Against The U.S.

The dynamics of the standoff between the US and North Korea have shifted dramatically in the past week. First, the North started with an unexpectedly sharp provocation – launching a missile over the Japanese island of Hokkaido – before following that up with its sixth nuclear test. Also, judging by the size the earthquake detected […]


Ilargi Meijer: Jackson Hole’s Deluded Groupthink Confirms “A Gigantic Financial Crisis Is Coming”

Authored by Raul Ilargi Meijer via The Automatic Earth blog, The Jackson Hole gathering of central bankers and other economics big shots is over. They all still like themselves very much. Apart from a pesky inflation problem that none of them can get a grip on, they publicly maintain that they’re doing great, and they’re […]


So You Wanted To Be “Long Electricity” Into The Eclipse?

Energy traders who had hoped to make an easy profit by betting that spot electricity prices would climb around midday on Monday – an idea they may have found on this website – were bitterly disappointed when, instead of spiking, prices tumbled because of an unexpectedly large drop in demand. Utilities and grid operators had […]


Trader Warns Jackson Hole’s “Hesitantly Optimistic” Chatter Will Be “Nothing But Buying Time”

Hawkish, dovish, hawkish, dovish? As many market participants suspect, this week's Jackson Hole 'retreat' wil be a nothing-burger with perhaps a side-dish of temporary volatility as machines quibble over various words in headlines. Former fund manager Richard Breslow warns not to expect much… Via Bloomberg, Expect to Hear Jackson Hole Is Great in August At […]


Will EVs Break The Grid?

Authored by Tsvetana Paraskova via OilPrice.com, While the UK government has vowed to end the sale of all new conventional gasoline and diesel cars by 2040, as part of a wider plan to fight air pollution, there is talk that electricity demand will lead to a fast and dirty response to a strained power grid. […]