Thursday, January 21, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Energy

The Energy Endgame: Renewables vs Fossil Fuels

by Richard Matthews
March 2, 2020
in Energy, Fossil Fuels, Renewables
0

The combination of market forces and changing public sensibilities are driving a major shift in the energy landscape. The need for renewable energy to combat climate change is incontrovertible, while a plethora of warnings tell us that we are rapidly exhausting our carbon budgets. Ending fossil fuels is a mathematical imperative if we are to have a
chance of keeping temperatures from rising above the upper threshold
limit of 1.5 – 2.0 C.

In 2016 we were already seeing how diminishing profits were contributing to the fall of fossil fuel and the rise of renewables  In 2020 the momentum away from fossil fuels is undeniable. They are being shunned by investors, insurance companies and banks. Fossil fuels are approaching the end of their life cycle while renewables are becoming increasingly attractive due to the declining cost of solar and storage.

In the U.S. Donald Trump’s fossil fuel powered politics rejects renewables and supports dirty energy. Although Trump is infamous for his corruption,  Republican’s fossil fuel powered corruption.
has been driving the party for years before Trump came on the scene. 

Evidence for the demise of the fossil fuel industry is evident in Canada where the Teck mine, the largest tarsands mine ever proposed, has become the latest casualty of changing market dynamics and public attitudes.  The disdain for dirty energy is also being felt in Australia where people are rejecting the coal powered agenda of Scott Morrison. The polls show that people want climate action and this means we must end fossil fuels. Public attitudes are increasingly distrustful of the fossil fuel industry’s anti-climate agenda.

Countries like Sweden, Norway and Ireland are transitioning to renewables. Even MENA countries are showing clean energy leadership. However, in many parts of the world government policies are an impediment to the transition to clean energy. However, despite headwinds from climate denying leaderships, the solar and wind industries continued to thrive in 2019

The transition from away from fossil fuels to renewables is already underway. Driven by a wide range of divestment narratives, the fossil fuel industry is losing its social license to operate.  The fossil fuel industry may be dying, however they can be expected to fight to the bitter end.

ShareTweetShare
Previous Post

Events – SUSTAINATOPIA 2020 Series (Los Angeles, New York, Boulder and Vancouver)

Next Post

Net Economic Gains from Climate Action

Related Posts

Eliminating Fossil Fuels Centerstage at the UN Climate Ambition Summit

by Richard Matthews
December 16, 2020
0

On the fifth anniversary of the historic COP21 meeting world leaders came together to discuss the the goals laid out in the Paris Agreement. The agenda for the Climate Ambition Summit...

University Installs Innovative Water Battery to Harness Solar Power

by Richard Matthews
September 1, 2020
0

Batteries are a critical part of effectively harnessing the power of renewable energy and one university has installed a giant water battery that will cut costs by 100 million over...

Abandoned Oil Wells Leaking Methane and other Contaminants

by Richard Matthews
August 14, 2020
0

Methane may be less visible than oil spills but it is another serious corollary of fossil fuel extraction. Methane is a potent greenhouse gas that contributes to climate change. According...

Next Post

Net Economic Gains from Climate Action

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Taking Stock of Trump’s Dismal Legacy

by Richard Matthews
January 19, 2021
0

The presidency of Donald J Trump ended as it began, with dysfunction and narcissistic self-preoccupation. Trump's presidency is a stain that...

Read more

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In