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3.8 Trillion Investment in Renewables Get You...
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10-26-2022, 09:22 AM
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#1
- Chowboy
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- Chowboy
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3.8 Trillion Investment in Renewables Get You...
...evidently, nada, null, zero.
Economist Jeff Currie of Goldman Sachs (Global Head of Commodities Research in the Global Investment Research Division): “Here’s a stat for you, as of January of this year. At the end of last year, overall, fossil fuels represented 81 percent of overall energy consumption. Ten years ago, they were at 82. So though, all of that investment in renewables, you’re talking about 3.8 trillion, let me repeat that $3.8 trillion of investment in renewables moved fossil fuel consumption from 82 to 81 percent, of the overall energy consumption. But you know, given the recent events and what’s happened with the loss of gas and replacing it with coal, that number is likely above 82.” … The net of it is clearly we haven’t made any progress.”
Maybe what we need is good, hard and punitive carbon tax. LOL* Trad Archery Crew
If you allow the Govt to break the law because of an emergency, they will always create an emergency to break the law
10-26-2022, 09:27 AM
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#2
- poolshark472
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- poolshark472
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Need to invest only in renewable natural gas and carbon capture technologies, abandon all other renewables srs
10-26-2022, 09:34 AM
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#3
- Chowboy
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- Chowboy
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Originally Posted By poolshark472⏩
and just what do we do with all those evil cee ooo twos that we capture?Need to invest only in renewable natural gas and carbon capture technologies, abandon all other renewables srs
Sell 'em to Coca Cola?
* Trad Archery Crew
If you allow the Govt to break the law because of an emergency, they will always create an emergency to break the law
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