ALASTAIR CROOKE—Proponents of green policies have long warned (since before the 2016 U.S. elections) that the failure of investors to understand the radical impact of a switch from old (democracy spreading) values to ‘Saving the Planet’ has led to a huge overvaluation of fossil fuel-linked assets – based on investors’ assumptions that growth in worldwide consumption of these latter fuels must continue – and that governments will take only baby-steps to lessen it. Yet, a rapid transition to C02-free energy sources, potentially would leave behind a mountain of ‘stranded fossil fuel assets’, which would have to be written off because their underlying real value has evaporated.
ANIMAL LIVESANNOTATED NEWSENERGY TRANSPORTENVIRONMENTAL STRUGGLESPipelines
AMERICAN DUPLICITYENERGYENVIRONMENTAL STRUGGLESExtractionPipelinesUS EXCEPTIONALISMUS GOVERNMENT CRIMESZIONCONS
Today, it is most economically feasible to obtain bulk hydrogen from natural gas. It will cost around $2 per kilo. The development of wind and solar “themes”, even in the most optimistic case, will not lower the price below $3. at the same time, the optimists of the idea proceed from the possibility of bringing the cost to $1. Let’s say they can make a fairy tale come true, then what?
There is a long and repeatedly proven coefficient of conversion of hydrogen to British thermal units through the heat of combustion. Based on it, it turns out that $1 per kilogram of hydrogen corresponds to the price of $7.4 per million British thermal units (BTU). It is from this moment that there is an association with the famous saying “the devil is in the details”.
CAPITALISM & SOCIALISMCHINAENERGY TRANSPORTENVIRONMENTAL STRUGGLESTECHNOLOGY
While Europe is often thought of as the EV headquarters of the world, and Tesla, the world’s most famous EV company, is located in the United States, China is taking over. Beijing has been on the cutting edge of the electric vehicles sector for a while now, and all but controls EV markets. Way back in 2018 Oilprice reported that “China Indirectly Controls EV Markets” because of its near-monopoly at various levels of the supply chain, most notably in the case of lithium ion batteries.
ABOMINATIONSAMERICAN BRAINWASHAMERICAN EXCEPTIONALISMANIMAL DEFENDERSCORPORATE CRIMESCORPORATE CRIMINALITYENERGYENERGY TRANSPORTENVIRONMENTAL STRUGGLESSAVING THE PLANET
STAN COX—The Earth is having to deal with continuous, largely unchecked emissions of greenhouse gases, along with soil degradation, mass extinction of species, destruction of ecosystems, and disruption of nitrogen, phosphorous, and water cycles. Meanwhile, efforts to head off the planet-wide ecological crisis remain trapped in a game of rock-paper-scissors.
ACTIVISTS & HEROESCAPITALIST TENTACLES & FRONTSCITIZENS' MEDIACORPORATE CRIMINALITYENVIRONMENTAL STRUGGLESFEATURED POSTFossil FuelsINDIGENOUSMERCENARIES & CONTRACTORSMILITARISMPipelinesPOLICE STATERIGHTSWater of Life
[Photo: At the Standing Rock #WaterProtectors barricade. Credit: UnicornRiot.] Police &…