It's not just about the transition from car to horses. Another example: the transition from wood to coal. The main point being: a technology doesn't have to be dominate to signal the death of another. In fact, it only takes a small % share to signal this.https://twitter.com/emahlee/status/1163351933089828865 …
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Emily Cunningham Retweeted Emily Cunningham
I recommend the whole thread:https://twitter.com/emahlee/status/1163344784640974849 …
Emily Cunningham added,
Emily Cunningham @emahleeMUST-WATCH video on the huge geo-political and financial consequences of the energy transition (well underway!) from fossil fuels to renewables. Kingsmill Bond explains on@Renegade_Inc why fossil fuel will peak in the early 2020s. FASCINATING. 1/ https://www.carbontracker.org/tools-and-insights/the-new-gold-rush/ …Show this thread1 reply 0 retweets 0 likes -
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
Emily Cunningham @emahleeTHIS IS BIG. Fossil fuel use *could* peak before 2030. From@harrybenham_1, a 30 year Oil & Gas veteran, now in energy transition: "Ponder this a second: an energy system dominant for over 150 years is within about 4-5 years of being overthrown." THREAD https://www.dollarsperbbl.com/2019/08/09/changing-our-energy-legacy/ …Show this thread1 reply 0 retweets 0 likes -
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
Emily Cunningham @emahleeExcited by everything I'm learning from@CarbonBubble. Financial markets are waking up to the reality: renewable energy is the cheaper, more efficient option. In other words– the future. Fossil fuels will peak in the 2020s. Listen to@arhobley explain why: https://www.carbontracker.org/tools-and-insights/why-are-financial-markets-are-important-for-the-low-carbon-transition/ …Show this thread1 reply 0 retweets 0 likes -
Emily Cunningham Retweeted Emily Cunningham
One more point... it's not "energy transition scholars" making this point, but major banks:https://twitter.com/emahlee/status/1165029904582205440 …
Emily Cunningham added,
Emily Cunningham @emahleeThe largest bank in the Eurozone (8th largest in the world) has damning news for oil sector: "Oil is finished; EVs+renewables are 6x more cost-effective" Again, this is a *banking giant* talking. Report doesn't even consider climate or health benefits. https://chargedevs.com/newswire/major-bank-oil-is-finished-evsrenewables-are-6x-more-cost-effective/ …Show this thread0 replies 0 retweets 0 likes -
Replying to @_ppmv @JKSteinberger
Emily Cunningham Retweeted Emily Cunningham
Yes, yes. Totally agree. I tried to make that point here. The market and capitalism got us into this mess — so I’m not saying the market is our savior. But, I’ll take what I can get if it moves us in the right direction. We just can’t stop there.https://twitter.com/emahlee/status/1162180549944889344 …
Emily Cunningham added,
Emily Cunningham @emahleeReminder, even if solar and wind overthrows fossil fuels by 2030 or sooner, it is NOT a silver bullet. We're in a#ClimateEmergency now, and the new IPCC report on land makes clear we're in big trouble if we don't act at scale, at multiple levels, and FAST. But we CAN ACT. /ENDShow this thread1 reply 0 retweets 1 like
I have a theory that once market forces start to realize how much money is at risk, they'll help to speed up the energy transition. And the faster we can get off of fossil fuels, the less our climate will be destabilized.
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