Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-389 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by Koi-7: ↑

Strange ill conceived ideas. renewables especially solar & wind with battery backup is baseload power now and the cheapest form too! The product is literally sitting on the shelf. These huge battery installations are being put all over the world. Even my neighbour has a personal battery wall. Folks are now getting EV chargers put in their garages, they have solar on the roof. It's happening. Some people live in bubbles don't understand anything

Expand

Originally posted by Penny Pincher: ↑

Really?!?

On what do you base that opinion?

It seems a bit difficult to reconcile your suggestion with the following article:

https://www.spglobal.com/platts/en/market-insights/latest-news/coal/051221-germany-brings-net-zero-forward-to-2045-power-sector-hit-hardest-by-new-2030-target

So Germany brought their zero emissions target forward by 5 years to 2045...

Looks like sometimes things happen faster than originally expected...

You really believe Germany will continue to rely on coal and gas? The S&P Global report seems to suggest differently. I note the following from the article:

The power sector was hit hardest with 2030 power plant emissions now capped at 108 million mt, down 38%, or 68 million mt from the previous target aligned to coal closure dates.

The tighter target could spell a faster exit from coal, with the law only setting a 2038 date.
Happy to learn what information you base your opinion on tbrg!

Funny how it was noted that the announcement on 3rd of May came before the September elections...

Other interesting snippets from the article include the following:

EU CO2 prices hit a new record May 12 trading at Eur54.97/mt on ICE compared with levels below Eur5/mt only four years ago.

The rapidly increasing CO2 price in Europe can only mean that Europe is more and more likely to introduce a carbon border tax, which has implications for our ability to sell our products into that market...

Given our current trading relationship with China, it would be advantageous to be able to do more trade with Europe, no?

Looks like the USA might go down a similar path to Europe with carbon border tax... then what?

There is a lot of wailing and gnashing of teeth about the supposedly high cost of transitioning towards sustainability. However, very little thought is given to the future cost of not doing so and becoming a global pariah....

Expand

Do you guys really have anything better to do than "he said she said"? If what you are saying is true, there should be no coal/gas/nuclear etc. It should all be "renewables".

Wake me up when that day comes. Until then it is and will continue to be "he said she said"!

Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-389

Featured News

Featured News