Make Big Oil Care by Cutting Profits

industry

We’ve heard lots of big claims from oil companies about their commitment to sustainable energy production, but those are all words. Their actions are still to extract fossil fuels which undercut all their efforts to produce renewable energy. The simple reason oil companies are still killing the environment is profit. So to get them to actually live up to their words we need to ensure that oil makes little money. Step one should be to cut market-manipulating subsidies governments give to oil companies.

The best way to hurt oil companies in the meantime is to cut back on your use of gas. Also, remember to vote for politicians that support public transit and clean air.

In terms of electricity generated from clean energy sources, BP has made the most progress of any of the oil companies — but even then, its global renewables capacity only adds up to 2,000 megawatts, the equivalent of about two gas-fired power plants.

Mei Li, a co-author of the report, suggested that the ability to continue profiting from fossil fuels was the chief reason that oil companies haven’t lived up to their climate promises. Wall Street is more likely to reward quarterly profits than moves to overhaul a business over the long-term. “They do not have the incentives to force them to make a clean energy transition,” Li said.

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Pump Up The Heat Pumps

Too many homes use dead dino juice for heat, and we need to get every home to stop burning the remains of extinct species if we’re going avert catastrophic climate change. The good news is that we can easily do this by getting rid of gas burning furnaces and replacing them with heat pumps. The video above explains how and why heat pumps are so efficient, the article below answers common questions about them.

In terms of cost, it may take a homeowner about a decade to recoup the price of a heat pump through savings from not using fossil fuels.

“But if you’re getting rebates…. it’s going to take a lot less of time to get your money back out of it,” Cheriex said.

Peter Sundberg, executive director of City Green, says those interested in installing a heat pump may end up on a wait list. In the interim, he says, homeowners can focus on upgrades to insulation and windows to make their home more energy efficient.

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The Steps to Take to Save the World from Catastrophic Climate Change

Phramacy

By now you’ve heard that the most recent IPCC report shows that humanity is in a dire situation and we need to act now to avoid making the planet uninhabitable to humanity. That is, if we keep doing what we’re currently doing with too much consumption and the use of planet-destroying gas and oil. So let’s change what energy sources we use while reducing excessive consumption by the extra wealthy. It really is that simple and all we need to do it act.

To save the planet vote for politicians that want to curb carbon output and increase the use of renewables. Whenever possible get rid of gas-consuming devices in your life and use 100% electric replacements.

The most heartening section of the report is on alternatives to fossil fuel use. The overarching solution to our energy needs is to electrify everything we can, from heating buildings to transport, and power everything using clean renewables and storage. We are getting a huge helping hand from great leaps forward in clean technology.
Between 2010 and 2019, the report says that the cost of solar energy plummeted by 85%, wind energy by 55% and lithium-ion batteries by 85%. These are staggering figures that point to a radically reshaped energy future. With the tsunami of suffering that is about to engulf UK households from soaring energy costs set by skyrocketing gas prices, everyone in government needs to see this message. There is a cheaper, cleaner way.

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Oil Companies are Useless

industry

Looking at the actions of oil companies it’s clear they only care about one thing: profit. Everything else, like the planet and human life, is a tertiary concern that is easily ignored. With the release of the most recent IPCC report why are governments and thinkers listening to these planet killing companies?

The big oil companies wax ecstatic about how they are investing in renewables, but that it merely a pittance compared to their ongoing extraction of fossil fuels and money spent lobbying for more oil use and exploration. These companies have derailed conversation about how to make the world better and now it’s time to ask why we even listen to their words about caring about the planet when their actions clearly demonstrate they don’t.

Climate policy critics will surely suggest an aggressive push towards renewable energy will cost too much and do too little, although with natural gas and petrol prices in Europe soaring to record levels, it’s much harder for them to pretend fossil fuels are in any way affordable. But according to a recent report from Wärtsilä Energy, a Finnish company that specializes in industrial energy technology, a rapid transition could actually save Europeans money.

“Increasing energy independence does not need to cost more for power companies or energy consumers,” it says. “Accelerating the transition to a clean energy system could save European countries 323 billion EUR by 2030, compared to our modelled baseline scenario.”

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Winds of Change in Power Generation

Infographic: Offshore Wind Farms Continue Growth | Statista

Wars fought over oil and wars funded by oil sales are both problems we’ve seen in the 21st century. Fighting over a depleting planet-destroying energy source may soon be a thing of the past as we increase the use of renewable energy the world over. Expect the use of wind power to continue to grow in the coming years, already the rate of installation of these efficient systems has increased. Some countries that didn’t embrace wind before due to a lack of land are now building offshore installations which allow for bigger, better turbines.

Help bring peace to the world by cutting back gas use while increasing renewable energy sources.

The potential to deploy both onshore and offshore wind capacity depends on a country’s geography.

Among the leading offshore wind locations, Britain has plentiful coastlines, Germany can take advantage of its location between the North Sea and the Baltic Sea, and China uses its expansive coastal regions to good effect.

But when offshore and onshore wind capacity are combined, a different picture emerges.

Global onshore and offshore wind generation totalled 732 gigawatts by the end of 2020, according to the International Renewable Energy Agency.

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