By Tom Matthews and Colin Raymond | – The explosive growth and success of human society over the past 10,000 years has been underpinned by a distinct range of climate conditions. But the range of weather humans can encounter on Earth – the “climate envelope” – is shifting as the planet warms, and conditions entirely […]
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Climate Crisis
Frankenfuel: The Market is done with Big Oil and Coal, but will they Lumber on with Gov’t Subsidies?
Southwest Harbor, Maine (Special to Informed Comment) – Are the big oil stocks headed for collapse? Citizens as diverse as climate activist and 350.org founder Bill McKibben and CNBC finance guru Jim Cramer seem to think so. Here is Cramer as reported by Axios in early February even before the historic plunge in crude prices.\ […]
Coronavirus Effect: In One Year, Share of Coal in German Public Power Supply Cratered to 16% from 30%
By Freja Eriksen | — ( Clean Energy Wire) – Coal’s share in Germany’s net public power production fell to around 16 percent in April 2020, shows data by Fraunhofer ISE’s Energy Charts. The institute’s Energy Charts project does not include data on the amount of power the generating facilities consume themselves to operate, or […]
Climate Social Distancing: As sea levels rise, are we ready to live behind giant walls?
By Hannah Cloke | – Climate change, it’s fair to say, is complicated. And it’s big. One of the main challenges of responding effectively is simply getting your head around the scale of the problem. This is not unique in the study of the physical world, of course. Scientists and economists spend a lot of […]
Why it doesn’t make Economic Sense to Ignore Climate Change in our Recovery from the Epidemic
By Anna Skarbek| – It will be tempting for some to overlook the climate change challenge in the rush to restart the economy after the pandemic . . . In the United States, the Trump administration is reportedly contemplating a coronavirus rescue package tailored specifically to oil and natural gas producers, while the Chinese government […]
Anti-Immigrant Trump promotes Burning Fossil Fuels that will displace Millions toward US
Ann Arbor (Informed Comment) – A new article in the Proceedings of the National Academy of Sciences presents findings that shocked the authors themselves. If the world (by which I mean you and me, dear reader) does not swing into prompt action to deal with the climate emergency, some 3.5 billion people are going to […]
Oil’s Götterdämmerung: Why Covid-19 could Hasten the end of Fossil Fuels
( Sustainability Times) – Last week the oil market took another plunge that saw the price of one barrel of West Texas Intermediate (WTI) fall 8 percent to $10.45 on Tuesday.. Last Monday, WTI crashed by 25 percent and rocked the market, yet the decline was relatively minor compared to what happened two weeks ago […]
Lowest Solar bid in World History for new Abu Dhabi Facility, as expensive Coal, backed by Trump, declines further
Ann Arbor (Informed Comment) – Abu Dhabi has accepted a historically low bid of 1.35 cents a kilowatt hour for a new giant 1.5 gigawatt solar farm, to be built at al-Dhafra by the largely government-owned French consortium Électricité de France (EDF) and China’s Jinko. The price is 44% less than was paid for the […]
The Beginning of the End for Oil? Energy in a Post-Pandemic World
( Tomdispatch.com) – Energy analysts have long assumed that, given time, growing international concern over climate change would result in a vast restructuring of the global energy enterprise. The result: a greener, less climate-degrading system. In this future, fossil fuels would be overtaken by renewables, while oil, gas, and coal would be relegated to an […]