Fossil fuel cars make ‘hundreds of times’ more waste than electric cars – according to a Guardian article, despite what most media tries to claim

This should not be news to people, but because of the rubbish that is spread by many with vested interests in the current situation, it needs to be dealt with again.

So the argument is that because electric cars battery does not last forever, but every part of the combustion engine car does, the electric car is going to make more waste.

Continue reading “Fossil fuel cars make ‘hundreds of times’ more waste than electric cars – according to a Guardian article, despite what most media tries to claim”

Half of the world’s fossil fuel resources will be worthless by 2036

It is thought there are roughly £20 trillion fossil fuel resources left in the ground. Yet it is also recognised that in order to meet the temperature increase targets of 1.5 to 2 degrees c half of it needs to be left in the ground.

That means that £10 trillion of assets and resources owned by some of the most wealthy companies in the world cannot be extracted. Looking at it differently, worldwide companies will be desperately trying to sell 10 trillion pounds worth of useless products to get them off their books.

When you cut the bottom out of a market like that it can have devastating impacts. It is thought that the crash that this would cause would be bigger than that felt back in 2008.

Despite knowing that fossil fuel extraction is going to have to end soon, views on the safety of fossil-fuel Investments have not changed. Indeed, the UK, most local councils currently own fossil-fuel investments. 

Fossil-fuel Investments have been quite popular since they arrived. So long as the estimate of the amount of fossil fuels available is accurate, you will get your money back plus more – however if the fossil fuels you have invested in I left in the ground you are likely to lose almost all of your money.

The crash in oil prices during the epidemic is a very bold sign telling us what is going to happen. The big concern for oil companies is clear to see coming down the road. Oil demand did not disappear, it merely reduced as a few people were driving. Yet over the next 20 to 30 years, it is likely that virtually all of the world stock of fossil fuel cars will need to be replaced by electric ones. This will reduce fossil fuel demand by roughly 26%. This increases to 45% when you include air travel – and while currently we do not know how to replace all planes, the current crop of electric vehicles in the pipeline (particularly aircraft such as EasyJet single aisle 180 person plane run on batteries) are likely to reduce aviation fuel requirements by 50% or more. That increases the reduction in fossil fuel requirements to 35% at a minimum – this will occur in the next couple of decades.

Partnering this with a dramatically reducing use of fossil fuels to heat homes, we could easily see oil demand falling by more than half.

This will depress the price by so much that many different untapped resources will no longer be economically viable.

For economists and business analysts as well as those of us who are nearly amateur watches, the next few decades are going to be fascinating, building a market that moves away from a system they have used for hundreds of years is essential and must occur in perhaps as little as a decade.

What will the impact on large oil companies, when it becomes clear that resources that they have paid billions to exploit must be left alone? Will the companies even survive? Shares are likely to take a huge hit, and as each of these companies will see their core business lost, will there be anything to replace the huge profits that they have been used to over the last few hundred years?

Do rich countries need to target aid more carefully?

Air pollution kills more people than Malaria Aids and TB combined, yet it receives just 1% of the aid budget.

Alarmingly, last year, rich countries gave 20% more to fossil fuel projects than to programmes to cut the air pollution they cause. Dirty air, is responsible for roughly 4 million deaths a year.

If comparing the number of years of life lost to each cause of death, HIV receives 34 times as much funding, and. Africa and Latin America have 500,000 deaths a year from air pollution, yet they receive 5% and 10% of the funding respectively.

Now it is true that greening the economies of the world may in the future, eliminate many of these deaths, but we also give more money to fossil fuel projects than we do to green power that might replace it – this is despite the fact that the green project is often cheaper to build and to run and doesnt have the negatives on local people that come with burning things.

More than 126000 gallons of oil have leaked near Huntington beach California

Oil spills are an unfortunate fact of life for as long as we continue to move oil around the planet.

126000 gallons, alarmingly, is a relatively small spill, compared to most oil spills.

Nevertheless this oil still has the capability of killing many thousands of birds along with sea otters and other marine mammals.

Pictures show floating beams, which are used to stop the oil from getting around, and indeed a lot of oil does float on the surface. Unfortunately by no means all and as such much of the oil that leads into the sea will remain and continue to cause damage for decades into the future

In Britain, the may gales allowed record amounts of electricity to be made from wind turbines

One of the real pushes in the UK towards clean energy is through the vast wind turbine farms placed out in the North sea.

With expectations of these growing dramatically over the next decade, these areas are very windy and therefore an incredibly reliable source of electricity generation.

Due to more and more wind turbines being built this record will not hold. At the moment wind power makes up roughly 20% of Britain’s energy generation. Over boxing day during a large storm, wind power produce more than 50% of the UK’s electricity.

Last year was the first time that more electricity came from renewables (wind water sunlight and wood) which produced 42% of the electricity in the UK compared to the 41% that came from fossil fuel sources.

This clearly suggests the UK has some way to go. However as the UK increasingly brings more and more wind farms online, and the pace of solar generation starts to pick up again after the government’s foolish eradication of financial support, it is conceivable that in the next 20 years the remaining 41% of our power generation reliant on fossil fuels could fall all too close to zero.

One of the big advances in recent years is the vast batteries that are starting to come online. In the past peaker plants (these are power plants that come online to support high periods of demand) have been the most dirty power. These are likely to quickly be replaced by batteries as they are expensive to run.

For the first time the idea of running a carbon-neutral economy, does not seem that far-fetched when looking at our current setup

Oil fields of Botswana and Namibia threaten 130,000 elephants

While currently only exploratory, oil projects in the ecosystems of Namibia and Botswana potentially threaten the survival of 130,000 elephants – one of Africa’s last great wildernesses.

The Okavango delta from space. This exploration could destroy one of Africa’s last great wildernesses

The company ReconAfrica is going ahead with its search despite the threats. At the current time, there are roughly 450,000 elephants in Africa, but that is down from millions just a few short decades ago.

Continue reading “Oil fields of Botswana and Namibia threaten 130,000 elephants”

Collection of investment funds urge governments to end support for fossil fuels – but are they? What could their actions do?

A group of investment funds, which collectively manage $41 trillion have urged the governments of the world to truly act on global warming and to bolster their net zero targets.

The group consists of 457 investors, who currently manage almost a third of the worlds assets.. They called on governments to “significantly strengthen” plans for emission reduction – importantly bringing in net zero targets by 2050 or sooner.

Continue reading “Collection of investment funds urge governments to end support for fossil fuels – but are they? What could their actions do?”

The Big Five fossil fuel producers have spent more than 250 million pounds lobbying the European Union since 2010

Divulgação Petrobras / ABr – Agência Brasil

This statistic that has recently been released it is concerning. The view of the public is increasingly behind supporting to do something about global warming, however the money is continuing to support those who want business as usual.

Continue reading “The Big Five fossil fuel producers have spent more than 250 million pounds lobbying the European Union since 2010”

News in brief

 Just 10% of fossil fuel subsidies just would pay the green transition

There is a continuous claim made from all sides that the costs of going green are simply too high, and that green electrical generation and transportation will never be affordable without subsidies.

Now all evidence looked at so far shows this is not true, however, why is this a standard we are looking at given that we are still providing huge subsidies for fossil fuels?

Continue reading “News in brief”
See Animals Wild