@gordonbrander Thread of threads related to the energy transition. Oil's days are numbered -- oil demand will peak in the 2020s.
1/https://twitter.com/emahlee/status/1162180541577220096 …
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Emily Cunningham Retweeted Gregor Macdonald
Emily Cunningham added,
Gregor Macdonald @GregorMacdonald1/ Electricity is the new oil. China just killed the future of the internal combustion engine. And climate action (energy transition) is neither scary nor costly to the economy, but will pay for itself over twenty years. That's why I've written Oil Fall. https://gum.co/OilFallShow this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
Emily Cunningham @emahleeSuch good news: "the current fossil fuel system runs at a loss, and will amass losses every year." The world's 8th largest bank, BNP Paribas, says: "The economics of renewables are impossible for oil to compete with when looked at over the cycle." Read their report. 1/ https://twitter.com/GregorMacdonald/status/1158763843708805120 …Show this thread1 reply 0 retweets 0 likesShow this thread -
Emily Cunningham Retweeted Emily Cunningham
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 likesShow this thread -
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
Emily Cunningham @emahlee**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 …Show this thread1 reply 0 retweets 0 likesShow this thread -
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 likesShow this thread
Related is this report from @CarbonBubble on the wide-ranging geopolitical consequences of the energy transition from fossil fuels to renewable energy.
"Renewables have moved to the centre of the global energy landscape."https://www.carbontracker.org/reports/a-new-world/ …
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