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Originally posted by chuckChuck View PostA5 Rome wasn't built in a day was it?
You can ignore the massive investments and say the world shouldn't change, but nobody is listening to climate change deniers.
The world has spent over $7 trillion on renewable energy since 2000.
During that period, fossil fuels share of world primary energy production has declined by 1%.
At what point in the future will spending trillions on unreliables move the needle on global energy production?
Edit to add that fossil fuel consumption has grown by over 50% during that same period.
The 7 trillion dollars spent on renewables hasn't even put a dent in fossil fuel growth. All it has done is make energy more expensive and less reliable.Last edited by AlbertaFarmer5; Jul 8, 2024, 09:31.
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A5 Rome wasn't built in a day was it?
You can ignore the massive investments and say the world shouldn't change, but nobody is listening to climate change deniers.
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Originally posted by chuckChuck View PostSo have you received any decent rains in the area west of Red Deer and is the drought over?
From the IEA June 2024
Investment in clean energy this year is set to be twice the amount going to fossil fuels
?
Why do you embarrass yourself by posting this damning statistics about investment in unreliable energy?
If investment in unreliable energy was double that of fossil fuels, yet fossil fuels still produce more than 81% of all world energy ( and that share hasn't budged in spite of all the investment and hype into alternatives), and wind and solar only produce 8%, that makes unreliables more than 20 times more expensive.
This could be the reason why you can't find even a single example of wind and solar resulting in cheaper energy for the consumer?
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It will go on for as long as people are willing to have a lower standard of living year after year.
The money is all spent.
Higher and higher taxes called equality won't fly.
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Renewables and clean energy investment are growing very fast.
But it will still be a long transition away from fossil energy.
Harper said Canada would stop burning fossil fuels for energy in 2100.
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Originally posted by chuckChuck View PostSo have you received any decent rains in the area west of Red Deer and is the drought over?
From the IEA June 2024
Investment in clean energy this year is set to be twice the amount going to fossil fuels
?"More must be done to ensure that investment reaches the places where it is needed most, in particular the developing economies where access to affordable, sustainable and secure energy is severely lacking today.”?
It's basic money laundering.
Zero point Zero chance of ever achieving any goals.
The G7 countries and China are the main sources of money.
China is going to be the big winner with a huge ROE being multiplied by all the virtuous dollars coming from countries like Canada.
8% unreliablesLast edited by shtferbrains; Jul 7, 2024, 09:11.
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So have you received any decent rains in the area west of Red Deer and is the drought over?
From the IEA June 2024
Investment in clean energy this year is set to be twice the amount going to fossil fuels
?[url]https://www.iea.org/news/investment-in-clean-energy-this-year-is-set-to-be-twice-the-amount-going-to-fossil-fuels[/url]
“Clean energy investment is setting new records even in challenging economic conditions, highlighting the momentum behind the new global energy economy. For every dollar going to fossil fuels today, almost two dollars are invested in clean energy,” said IEA Executive Director Fatih Birol. “The rise in clean energy spending is underpinned by strong economics, by continued cost reductions and by considerations of energy security. But there is a strong element of industrial policy, too, as major economies compete for advantage in new clean energy supply chains. More must be done to ensure that investment reaches the places where it is needed most, in particular the developing economies where access to affordable, sustainable and secure energy is severely lacking today.”?
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