Green Energy Revolution Megathread

[Admiral Yi]

I'll offer you a push.  Or we can hand it over to Joan for binding arbitration.

I really think with the charge of market rigging the 20 mill is chump change.

[Barrister]

I'll offer you a push.  Or we can hand it over to Joan for binding arbitration.

I really think with the charge of market rigging the 20 mill is chump change.

I'm just yanking your chain Yi.

[Tonitrus]

Tesla up 17% today.

Meh.  TSLA stock has been a roller coaster for a while now.

[jimmy olsen]

Word is they sold 80k cars, including 53k model 3s this quarter. That's nearly triple the number of model 3s they sold last quarter.

https://www.cnbc.com/2018/10/01/tesla-made-a-record-80000-vehicles-last-quarter-report-says.html

[The Minsky Moment]

20 million is never token, but it's true Elon got off pretty easy overall.
It's the right result - the SEC needed to send the message, but they don't want to irretrievably screw up an innovative company in a key sector.

[Admiral Yi]

He accepted the deal "without admitting or denying the allegations of the complaint," according to a court document.

https://money.cnn.com/2018/10/01/technology/business/tesla-stock/index.html

[crazy canuck]

Yi got the two objective terms of the bet right.  The characterizing the fine is up to debate.

However Yi was trading on insider knowledge as the terms being offered were being reported when he clarified the terms of the bet

[The Minsky Moment]

He accepted the deal "without admitting or denying the allegations of the complaint," according to a court document.

https://money.cnn.com/2018/10/01/technology/business/tesla-stock/index.html

That term is in virtually every SEC settlement.

[OttoVonBismarck]

I mean the SEC is fairly collegial with businesses, it's rarely their goal to destroy a company unless it's some really egregious situation where they basically have to refer it for criminal prosecution (i.e. blatant and deliberate insider trading schemes, if they uncover evidence of serious frauds etc.)

[garbon]

https://www.theguardian.com/technology/2018/oct/04/elon-musk-sec-twitter

Tesla's CEO, Elon Musk, mocked the US Securities and Exchange Commission on Thursday, hours after a federal judge ordered him and the regulator to justify their settlement of securities fraud charges.

"Just want to that the Shortseller Enrichment Commission is doing incredible work," Musk, a frequent critic of investors betting against the electric car company, wrote on Twitter. "And the name change is so on point!"

Shares of Tesla closed down 4.4% at $281.83, and fell another 2.2% after market hours following Musk's tweet.

[mongers]

Some people and protesters are up in arms because a company wants to temporarily put an exploration drilling rig 10 miles out in Bournemouth bay to investigate a small reservoir of oil.

This will only be for two months and if successful, the oil will be actually be recoverd by extended reach drilling from the existing land-based rig at Wytch Farm. This could probably break some distance world records in the process.

So apparently we're only a few steps from doomsday and environmental catastrophe, the conurbations local newspaper ran a story on it and choose to 'illustrate' it with a photo of the BP Deepwater Horizon on fire.

Here's the 'article' :
https://www.dorsetecho.co.uk/news/16038014.kate-humble-and-chris-packham-among-those-opposing-poole-bay-oil-rig-plan/

[Syt]

Meanwhile in Germany, energy producer RWE, environmentalists, and courts are clashing over plans to remove 250 acres of ancient forest in order to start a new open pit mining operation for coal.

[Maladict]

Some good news, but the effing liberals will probably still find a way to weasel their way out of it. 

Dutch appeals court upholds landmark climate case ruling

October 9, 2018 at 3:51 AM EST - Updated October 9 at 3:51 AM

THE HAGUE, Netherlands (AP) — A Dutch appeals court has upheld a landmark ruling that ordered the Dutch government to cut the country's greenhouse gas emissions by at least 25 percent by 2020 from benchmark 1990 levels.

The original June 2015 ruling came in a case brought by the environmental group Urgenda on behalf of 900 Dutch citizens. Similar cases are now underway in several countries around the world.

Cheers and applause rang around the packed courtroom Tuesday as Hague Appeals Court Presiding Judge Marie-Anne Tan-de Sonnaville rejected the government's appeal. The court said the government is under a legal obligation to take measures to protect its citizens against dangerous climate change.

Since the original judgment, a new Dutch government has pledged to reduce emissions by 49 percent by 2030.

[Tamas]

Some people and protesters are up in arms because a company wants to temporarily put an exploration drilling rig 10 miles out in Bournemouth bay to investigate a small reservoir of oil.

This will only be for two months and if successful, the oil will be actually be recoverd by extended reach drilling from the existing land-based rig at Wytch Farm. This could probably break some distance world records in the process.

So apparently we're only a few steps from doomsday and environmental catastrophe, the conurbations local newspaper ran a story on it and choose to 'illustrate' it with a photo of the BP Deepwater Horizon on fire.

Here's the 'article' :
https://www.dorsetecho.co.uk/news/16038014.kate-humble-and-chris-packham-among-those-opposing-poole-bay-oil-rig-plan/

it is SO fucking exhausting that every day there are at least 6 major reasons per political side to be outraged/offended/terrified. I am becoming increasingly tempted to switch off news. The air raid sirens will warn me it's all over anyways.

[garbon]

Some people and protesters are up in arms because a company wants to temporarily put an exploration drilling rig 10 miles out in Bournemouth bay to investigate a small reservoir of oil.

This will only be for two months and if successful, the oil will be actually be recoverd by extended reach drilling from the existing land-based rig at Wytch Farm. This could probably break some distance world records in the process.

So apparently we're only a few steps from doomsday and environmental catastrophe, the conurbations local newspaper ran a story on it and choose to 'illustrate' it with a photo of the BP Deepwater Horizon on fire.

Here's the 'article' :
https://www.dorsetecho.co.uk/news/16038014.kate-humble-and-chris-packham-among-those-opposing-poole-bay-oil-rig-plan/

it is SO fucking exhausting that every day there are at least 6 major reasons per political side to be outraged/offended/terrified. I am becoming increasingly tempted to switch off news. The air raid sirens will warn me it's all over anyways.

Well there actually are many reasons in the world to be outraged/offended/terrified.