Excellent exposΓ© into an industry we all hoped would work, and therefore got a bit carried away with how poorly it was working π
Excellent exposΓ© into an industry we all hoped would work, and therefore got a bit carried away with how poorly it was working π
π¨Announcement: THE CLIMATE LAUNDRY is BACK - now on @ghost.org. I delve into Quinn Slobodian's new book, Hayek's Bastards: "The neoliberals realised that, to succeed, they would have to make an enemy of empathy itself."
Once again, the rise of the AfD and its relatively greater popularity in the East has led to yet another round of discussion around the legacy of the GDR and contemporary German politics. A short thread:
If you don't laugh, you cry
The combination of the masthead, name, headline, and (best of all) the headshot of the guy?? It's all so classically ridculous that I'm genuinely surprised it isn't satire
Iβm going to take a break from the chaos and share the most interesting slides from @nathanielbullard.com new deck
Really quite cathartic right now
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www.nathanielbullard.com
The AI bubble was inflated based on the idea that we need bigger models that both are trained and run on bigger and even larger GPUs. A company came along that has undermined the narrative - ways both substantive and questionable - and now the market panicked that $200bn got wasted on AI capex
Two future possibilities of the future warming stripes - rapid action or delayed action.
What will the future of the warming stripes be?
2024 could be the start of a stabilisation of global temperatures, or it might appear to be a cool year.
Which one of these stories becomes reality depends on our choices today, and every day until then.
We are likely to regret not acting sooner.
This is really cool, saved for later reference!
Time for the @bsky.app community to see one of my favorite visualizations of climate change...
"Shifting Distribution of Land Temperature Anomalies" by svs.gsfc.nasa.gov/5211/ βοΈπ§ͺ
In the summer of 2021, villagers of northern Mozambiqueβs remote and troubled Afungi peninsula sought refuge with government soldiers operating out of a nearby TotalEnergiesβ gas plant.
Instead, they found brutality.
Read our full investigation: www.politico.eu/article/tota...
This is a good little example of three different techniques in terms of writing industrial emissions propaganda.
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"Why are electricity prices so high if renewables break generation records and are so cheap?" I have been asked.
The main reason: Gas still sets the price 63% of the time in wholesale electricity markets in EU27 & >90% in some countries.
The graphic is from the Draghi Report.
Electrification: Europeβs forgotten industry decarbonisation option
Do you know how dependent it is on geography? Is Massachusetts particularly well placed to do this? Why aren't more utilities jumping on board with this, especially if the pipe infrastructure is already in place!
Fashion norms are much stronger in France! But also Parisians use the bikes as a means of transport to third places (bars, restaurants, cinema etc.), so no end of trip facilities to change out of the lycra
Rich countries sent climate funding to the developing world with interest rates or strings attached that benefited the lending nations.
What makes us think COβ removal (CDR) will be any different? Why would rich countries spend trillions of dollars to benefit the developing world?
Transfers of capital and wealth from the Global North to the Global South are crucial for climate change mitigation and resilience. But rich countries are just using climate finance as a form of green protectionism and neocolonialism π #EnergySky #GreenSky
Vermont passes a first-in-nation "Climate Superfund" law mandating that big oil companies and others with high emissions pay for damage caused in the state by global warming. This would be a massive shift in climate liability.
www.nbcnews.com/news/amp/rcn...
A carbon capture project at a steel mill? $150 million dollars.
What will that achieve? "The project will capture less than 1Β percent of the roughly 10 million metric tons per year of carbon dioxide that Gary WorksΒ emits."
$150 million for 1% capture.
Why?
Has anyone done any work around the concept of the EU borrowing against future ETS revenue to accelerate climate investment this decade? Would love to read up on the concept - EnergySky, GreenSky
"But what about all the energy and carbon emissions to produce wind turbines and solar panels?"
They pay off the energy and carbon debt within a few months.
After that their existence prevents the continuous burning of fossil fuels for decades.
Data from Ember
We need COβ removal (CDR) to reach net zero, but it's incorrect to say we must ramp up both decarbonization and CDR today.
Minimizing CDR deployment will decrease fossil fuel use, greenhouse gas emissions, and air pollution.
Find out more from @jeffreyampah.bsky.social and colleagues.
Good thread on the problems of green hydrogen as a continuation of energy neocolonialism. There is still the opportunity to develop decarbonised industries in the Global South, but only by developing exportable final goods, not raw commodities. New approach to capital allocation probably also needed
π¨ New investigation & π§΅
Oxy built the world's largest carbon-capture plant by capacity in 2010. It never operated at more than a third of its capacity. In 2022, Oxy quietly sold it for a fraction of the price.
Story with Natasha White & Kevin Crowley. Free to read: