100% Clean Energy & Cars In 20 Years Is Viable (But Unlikely)
Ramping up renewable replacement of fossil fuels is viably scalable given the massive parallelization of deploying wind and solar and the proven scale of the industry today.
Ramping up renewable replacement of fossil fuels is viably scalable given the massive parallelization of deploying wind and solar and the proven scale of the industry today.
Just sayin’
Before I get to the letter, I should let you know, I don’t hate the Koch brothers like many readers do. I have worked with some of the organizations they support, like Americans for Prosperity (I worked with them to oppose government funding of sports stadiums, which benefit well connected rich sport fans but hurt everyone else) and several other projects, including criminal justice reform. Admittedly, I do also hate some of the actions that they have been accused of, like spreading misinformation on electric vehicles (EVs).
The most popular CleanTechnica stories of the past week were led by an awesome original analysis by Maximilian Holland showing that we probably had peak gasmobile sales in 2017. That was driven in part by the Tesla Model 3, which is now invading Europe and China — the second most popular story of the week.
Global oil major BP published its annual Energy Outlook last week and predicted that renewable energy will become the dominant global source of power generation by 2040 at the same time as energy demand increases by around a third, driven primarily by rapid growth in Asia.
Why don’t we know more about climate change?
The electric car world stops when Tesla shareholder calls happen, but another significant development occurred in late January when Shell New Energies US, LLL, a wholly-owned subsidiary of Shell, acquired Greenlots, an electric car charging software and hardware company. The acquisition raises questions about fossil-fuel companies and their approach with the electric vehicle charging landscape and profit expectations going forward.
At the same time that oil and gas majors around the world are announcing plans to tie company climate action to employee remuneration, these same companies are still rewarding executives for pursuing traditional growth that will inevitably lead to stranded assets and financial loss for investors.
I’d normally save a piece like this for the weekend, but the news this morning was disgusting. In case you missed it, one of Donald Trump’s closest friends, head of his under-investigation Inauguration Committee, basically gave Saudi Arabia a pass on murdering and dismembering a Washington Post journalist, US resident Jamal Khashoggi.
US-based oil and gas major Chevron has attempted to undercut a shareholder rebellion by announcing plans to align its business strategy with the Paris Climate Agreement, vowing to cut greenhouse gas emissions by 25% to 30%. However, the company’s promises do not fully meet investor demands.