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Tag Archives: fossil fuels
Big Oil Is In Desperate Need Of New Discoveries
Big Oil Is In Desperate Need Of New Discoveries The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or about one-third of the value of big oil and gas companies–were […]
The Ugly Truth About Renewable Power
The Ugly Truth About Renewable Power When Texas literally froze this February, some blamed the blackouts that left millions of Texans in the dark on the wind turbines. Others blamed them on the gas-fired power plants. The truth isn’t so politically simple. In truth, both wind turbines and gas plants froze because of the abnormal weather. And […]
Save Earth Get Rich
Save Earth Get Rich Henri Matisse Flowers 1907I sometimes can’t believe I think I must revisit this theme time and again, but here we are. Joe Biden is chairing a virtual climate plan/summit/whatever, and absolutely nothing has changed since the last time I tried to explain why it is nonsense, or all the other times before that. […]
Between the Devil and the Green New Deal
BETWEEN THE DEVIL AND THE GREEN NEW DEAL We cannot legislate and spend our way out of catastrophic global warming. From space, the Bayan Obo mine in China, where 70 percent of the world’s rare earth minerals are extracted and refined, almost looks like a painting. The paisleys of the radioactive tailings ponds, miles long, […]
How Will We Pay for the Energy Transition?
How Will We Pay for the Energy Transition? Earlier this month, the International Renewable Energy Agency said the world needed to invest $131 trillion by 2050 in order to limit the estimated global rise in average temperatures to 1.5 degrees Celsius. That’s 30 percent more than what is currently planned. It’s also equal to investments of $4.4 […]
The last of the fossil fuels ?
The last of the fossil fuels ? If the story of humankind starts with the invention of fire, then wood is the fuel that changed the world. But fast forward a million or so years to the Anthropocene age, and more than a third of the people on this planet are still so impoverished that […]
Why every state is vulnerable to a Texas-style power crisis
Why every state is vulnerable to a Texas-style power crisis “The infrastructure we have built right now really isn’t ready.” Power outages in Texas after Winter Storm Uri left millions in the dark. Such outages are a growing threat throughout the country. Thomas Ryan Allison/Bloomberg via Getty Images The blackouts that gripped parts of Texas for days as […]
Fossil Fuels Are Wildly More Expensive Than Previously Thought, Study Says
Fossil Fuels Are Wildly More Expensive Than Previously Thought, Study Says Overinflated fossil fuel investments might be a ‘worthless’ bubble waiting to trigger the next crash, while renewables seem more appealing than ever. IMAGE: LUKAS SCHULZE/GETTY IMAGES) A new study finds that conventional electric power plants powered by fossil fuels and hydro are massively overvalued by […]
Science : No single or combination of alternative energy resources can replace fossil fuels
Science : No single or combination of alternative energy resources can replace fossil fuels Preface. Even though this research was from 2002, it is still true today. There simply are no replacements for the fossil fuels that power our civilization. If only scientists could violate the laws of thermodynamics and physics. Even if there were […]
Past world economic production constrains current energy demands: Persistent scaling with implications for economic growth and climate change mitigation
Past world economic production constrains current energy demands: Persistent scaling with implications for economic growth and climate change mitigation Abstract Climate change has become intertwined with the global economy. Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we […]
Achtung Baby! (It’s Cold Outside) – Germany’s ‘Green’ Energy Fail Rescued by Coal and Gas
Achtung Baby! (It’s Cold Outside) – Germany’s ‘Green’ Energy Fail Rescued by Coal and Gas Barely a week after Davos luminaries met with world leaders and Silicon Valley oligarchs to plot their latest phase of the Great Reset, the underlying provenance of their entire ‘climate emergency’ thesis is still struggling to correspond with reality. Their much-celebrated […]
New research on forests and oceans suggest projections of future warming may be too conservative, with serious consequences
New research on forests and oceans suggest projections of future warming may be too conservative, with serious consequences How much will the world warm with ongoing fossil-fuel carbon emissions? It’s a big question that preoccupies policymakers and activists, with important discussions about when the world will hit two degrees, are we really on a path […]
Denouncing ‘Handouts to Big Oil,’ Biden Calls on Congress to End $40 Billion in Taxpayer Subsidies for Fossil Fuels
Denouncing ‘Handouts to Big Oil,’ Biden Calls on Congress to End $40 Billion in Taxpayer Subsidies for Fossil Fuels “Biden campaigned on eliminating fossil fuel giveaways, and voters agree by a huge margin,” said one climate activist. Special Presidential Envoy for Climate John Kerry listens as President Joe Biden speaks on tackling climate change in […]
Are EVs good for the environment? – Mostly Not!
Are EVs good for the environment? – Mostly Not! EVs Still Charged By Electricity From Fossil Fuel The idea Electric vehicles are less damaging to the environment has been broadly accepted by many people as fact. The notion EVs are good for the planet is a key factor for many of those deciding to buy an […]
