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Scheer leaves himself open to claims he’s in cahoots with Big Oil
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You seriously gonna quote an article from that socialist Marxist rag the Tyee? WTF do they know about the oil business.
Do you know what a swing market is? Look that up and then you will understand transmountain.
Pipelines and tanks are not stranded assets. They can be repurposed. Probably one day you will see water going down some of them.
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We are all absolutely dependent on fossil energy and the jobs and lifestyle that go with it. But that shouldn't stop us from thinking about and planning for a future with less.
This will be a long transition that will go on past our lifetimes and that of our children and our grandchildren.
Endless growth, resource depletion and degradation of the environment are not an option for a finite world.
We already have a lot of the technology and ability to reduce fossil energy use through increased efficiency, better design of buildings and cities and many sources of renewable and cleaner energy. We are not currently using all these options at their full potential for various reasons.
Many posters on this site are resistant if not hostile to change. But change has and will occur regardless of the which politicians are in charge.
Look back a 150 years and consider all the dramatic and incremental changes that occured and how little we knew about what the future would bring and how we would live and work in 2020. All the way From hand and animal power to DOT Autonomous Farm Technology and GPS.
I am sure that along the way there were a lot of people who didn't like the changes, lost their jobs, couldn't afford the new technology and said the new technology would never work.
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https://www.houstonchronicle.com/business/columnists/tomlinson/article/Oil-industry-s-future-not-as-bright-as-13579097.php
"A key wild card that flummoxes analysts with surprising frequency is consumer behavior.
Consumers ultimately decide long-term prices by how much they demand, and to be honest, few of them love the oil industry. Analysts have consistently underestimated the adoption of alternatives to oil and natural gas, particularly renewable energy and electric vehicles.
The EIA predicts, for example, that electric, hybrid and plug-in hybrid vehicles will only make up 8 percent of new-vehicle sales in 2025. Sales will rise to just 25 percent of the market share in 2050. If this is true, the oil and gas industry has nothing to worry about.
On HoustonChronicle.com: Tesla and oil companies lose market share as luxury brands roll out electric cars
Auto manufacturers, though, tell a different story. From GM to Ford, from Volkswagen to Daimler, from Toyota to Nissan, these companies expect electric vehicles to surpass liquid-fueled vehicles by 2030. The main reason is China and the eight other nations that plan to ban internal combustion engines by 2050.
There is also the question of economics. The cost of electric vehicles is plummeting, and most analysts believe they will be cheaper than regular cars by 2025. The next generation of electric vehicles will be as transformative to the energy industry as the shale revolution.
Bloomberg New Energy Finance, which also makes predictions, expects electric vehicles will make up 64 percent of the new-vehicle market by 2040.
Shell, BP and Chevron seem to think so, too. The first three have already invested in electric car charging businesses, and Exxon Mobil is considering a similar investment, according to a report by The Atlantic Council.
Smart oil and natural gas executives understand the risk electric vehicles pose to their fossil fuel businesses, which is why they are keeping costs low to make a profit at $50 crude. If they allow prices to rise, electric vehicles will become cost-competitive sooner."
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Jazz, I am in agreement that renewables currently can't save the planet. But predicting what mix of diverse energy sources we will be using in 25, 50, 100, or 500 years from now is a impossible to know. Because there are too many unknown factors that will affect our choices.
Based on the concern about human caused climate change and the worldwide push for reduced carbon emissions I wouldn't bet on fossil fuels playing the same role as they do now.
BP, Shell and Chevron are investing in electric car charging systems. Do you think they are doing it because they want a greener world? Why would Ford be building an all electric F150 if they thought gas and diesel were the only ways to power vehicles?
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Before everyone has a hissy fit I am well aware of the intermittent nature and the current limitations of solar energy but here are some facts to consider:
What is the Potential of Solar Energy?
174 petawatts (PW) of energy comes in form of solar radiation (or insolation) hits our atmosphere. Almost one third of this is reflected back into space. The rest, 3 850 000 exajoules (EJ) every year, is absorbed by the atmosphere, clouds, oceans and land – one hour of insolation is the equivalent to more than the world’s energy consumption for an entire year. Solar energy is by far the largest energy resource on the Earth.
(Petawatt is a power measurement unit. Petawatt (PW) is a derived metric measurement unit of power. The petawatt is equal to one billion millions watts 1 petawatt = 1 341 022 090 000 horsepower. https://www.aqua-calc.com/what-is/power/petawatt)
Here are some other interesting comparisons to help make you grasp the massive potential of solar energy:
One year’s worth of solar energy reaching the surface of the Earth would be twice the amount of all non-renewable resources, including fossil fuels and nuclear uranium.
The solar energy that hits the Earth every second is equivalent to 4 trillion 100-watt light bulbs.
The solar energy that hits one square mile in a year is equivalent to 4 million barrels of oil.Last edited by chuckChuck; Apr 28, 2019, 09:46.
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Originally posted by chuckChuck View PostWe are all absolutely dependent on fossil energy and the jobs and lifestyle that go with it. But that shouldn't stop us from thinking about and planning for a future with less.
This will be a long transition that will go on past our lifetimes and that of our children and our grandchildren.
Endless growth, resource depletion and degradation of the environment are not an option for a finite world.
We already have a lot of the technology and ability to reduce fossil energy use through increased efficiency, better design of buildings and cities and many sources of renewable and cleaner energy. We are not currently using all these options at their full potential for various reasons.
Many posters on this site are resistant if not hostile to change. But change has and will occur regardless of the which politicians are in charge.
Look back a 150 years and consider all the dramatic and incremental changes that occured and how little we knew about what the future would bring and how we would live and work in 2020. All the way From hand and animal power to DOT Autonomous Farm Technology and GPS.
I am sure that along the way there were a lot of people who didn't like the changes, lost their jobs, couldn't afford the new technology and said the new technology would never work.
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There is no payback on solar or wind without tax payer subsidies. The energy is not concentrated enough to be put to practical use other than a few panels on homes here and there. The appetite for a home owner to take on specialized equipment with maintenance costs and a payback time that matches its life cycle is not going to happen in masse. But by all means a little program to encourage people to throw up a few panels to offset 1/3 of their bill might be feasible, but then other solutions are more feasible such as energy upgrades - insulation, furnace, appliances.
Watch the vid about renewables and how much land and damage to nature they did. Wildlife having to be relocated for panels. Useful farmland converted in addition to urban sprawl. Birds bats getting chopped to bits in windmills and cooked by the excess heat.
Only nuclear has a chance to offset fossil fuels and the environmental movement blocked it once already and now are doing it again.
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