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Author Topic: The Big Picture of Renewable Energy Growth  (Read 7122 times)

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AGelbert

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    • Agelbert Truth AND Consequences
Renewable Energy Is Unstoppable, Declares Financial Times  :o  ;D

May 19th, 2017 by Steve Hanley

SNIPPET:

With more then 2.2 million readers a day, the Financial Times is the newspaper of record for economists, business leaders, and government policy makers worldwide. Think Progress claims FT, as it is known to its readers, is the “most important business read” and “the most credible publication in reporting financial and economic issues” for global professional investors, business leaders, and policy makers according to surveys.

On May 18, its lead story was entitled: The Big Green Bang: How Renewable Energy Became Unstoppable. It begins with a question, one that should leave fossil fuel industry leaders feeling glum — “Is the 21st century the last one for fossil fuels?” Before we start rejoicing, keep in mind there are still 83 years left to go in this century and the fossil fuel industry intends to extract and sell every molecule of fossil fuels it can find before the end times for oil, natural gas, and coal arrive. By the time 2101 gets here, the earth may have been unalterably changed to the point where human existence as we know it is no longer possible.

Bill McKibben, in his insightful book, Oil And Honey, makes the case clearly. The environment can withstand perhaps another 565 gigatons of carbon emissions before the environment tips over into unsustainability. After that, most of the species presently alive will simply disappear, the oceans will rise by an average of 12 feet, and global temperatures will increase to the point where traditional agriculture becomes impossible. Our children’s children may not roast to death but they very well might die of starvation.

McKibben then drops the other shoe. The world’s fossil fuel companies have reserves which, if consumed, will release 2,795 gigatons of carbon emissions into the world’s already overloaded ecosystem — five times more than the environment can possibly absorb. If the fossil fuel companies dropped nuclear bombs on society, they would be vilified as monsters. But 2,795 gigatons worth of carbon may be worse than a nuclear attack. Radiation begins to abate after a few hundred years. It may be a million years of more the earth is able to recover from the fossil fuel bomb the Koch Brothers and their ilk have in mind.



https://cleantechnica.com/2017/05/19/renewable-energy-unstoppable-declares-financial-times/


Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

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