**Carbon bubble... CRACK!**
.@KingsmillBond: "Financial markets are much more attune to reality than corporations that try to cling on to what they do."
Host: "This is the guttering of the fossil fuel candle, is it? Last desperate hope of a dying industry."
Yes, that's right.https://twitter.com/CarbonBubble/status/1161924597589172224 …
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1:46Show this thread -
Emily Cunningham Retweeted Alex Steffen
Kingsmill Bond's reaction to BP's prediction reminded me of this from
@alexsteffen: "when you hear predictions from fossil fuel interests and their allies that business-as-usual will continue for a long time, your first response should be total skepticism.https://twitter.com/AlexSteffen/status/961673890542993409 …Emily Cunningham added,
Alex SteffenVerified account @AlexSteffen17. That's why when you hear predictions from fossil fuel interests and their allies that business-as-usual will continue for a long time, your first response should be total skepticism. https://twitter.com/AlexSteffen/status/961277188673646592 …Show this thread1 reply 0 retweets 1 likeShow this thread -
Emily Cunningham Retweeted Carbon Tracker
Kingsmill Bond: "There is a spectacular carbon bubble, which is being deflated by the oldest story of all in emerging markets, which is technology disruption. You simply have cheaper, faster, better technology that is coming and disrupting incumbents.https://twitter.com/CarbonBubble/status/1161915452114788353 …
Emily Cunningham added,
Carbon TrackerVerified account @CarbonBubbleFossil fuel#divestment - is it the future?@trtworld Roundtable host@KingsmillBond,@TimBuckleyIEEFA & Justin Urquhart Stewart to discuss the#CarbonBubble & $90bn lost by#Blackrock via investment in#fossilfuels https://www.youtube.com/watch?v=klUXgmATZGw …Show this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Carbon Tracker
Wow, fascinating discussion on... "The future of fossil fuels. It hasn't got one." Crystalized for me how the old, incumbent, fossil fuel based economy is on it's way out. Solar and wind leap frogging.https://twitter.com/CarbonBubble/status/1161915452114788353 …
Emily Cunningham added,
Carbon TrackerVerified account @CarbonBubbleFossil fuel#divestment - is it the future?@trtworld Roundtable host@KingsmillBond,@TimBuckleyIEEFA & Justin Urquhart Stewart to discuss the#CarbonBubble & $90bn lost by#Blackrock via investment in#fossilfuels https://www.youtube.com/watch?v=klUXgmATZGw …Show this thread1 reply 0 retweets 0 likesShow this thread -
"We're seeing an energy space race between the United States and China." ~ Kingsmill Bond of
@carbonbubble *Renewable* energy space race, that is. Solar and wind are cheaper, faster, better. They are the future. Full stop.2 replies 1 retweet 4 likesShow this thread
Super interesting (if also super obvious. lol.)
"Who will be the next world power... [who will] hold the energy sources?"
This "will be coming from the technology companies. They don't need to come from a particular country. It's where the brains and initiative are."
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