The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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How you make money out them i.e oil, I’m still working on :)
1.2 billion people in India, or thereabouts. 90-95% of their energy consumption is coal! They are trying to get that to 75% by using more natural gas by something stupid like 2050! Lithium batteries have a shelf life and we can’t dispose of them. Life as we know it cannot exist without fossil fuels, fact!
Sorry the link didn't post it all, but it's easy to find if you want to read it.
Cheers.
Hi all
Interesting reading below, and similarly a debate from a few weeks ago regarding EV and infrastructure. A piece from the FT in the link referring to RR's aim to build modular, nuclear power stations to help speed up the process of eliminating fossil fuels.
Great stuff, RR shares go up, government scores brownie points for cutting out fossil and powering the EV revolution....IMO it still needs to be mined, transported, delivered and then disposed of and that's before the objections of placing one in a sunny corner of a shire.
To the point and again in my opinion those that think oil is a thing of the past, think again.
https://www.ft.com/content/11ba5955-2f75-4eb5-b3e9-73f74684eb10
21:30 Good man, better day tomorrow. :-)
Sorry brom, stressful day where humanity has disappointed me today. Apologies, I’ll cheer up!
20:40 Think you need a pint of speckled Hen (or two) :-)
stay appy.
Forget energy and fuels. The world is doomed way before that is a major issue. Sorry to be negative but too many people already and it won’t stop unless it’s forced. Or unless there is something that takes out half and leaves half. Even then it would be chaos. Mankind = cancer.
Sorry but it’s true.
In terms of news from 88, don’t think it’ll matter much. Look at panr and what it has done to the share price. I didn’t think we had enough info, we need flow tests IMO!
14:32 And that's no doubt why he who many believed was a misspelt banker, stated that feasibility studies would take place, for our Charlie 1 Duster!!!!!
12:27 was surprised at how simple conversion of existing boilers is, it's just producing the hydrogen in sufficient quantities it seems.
Just to add to the conversation, Worcester Bosch, are already tooled up for their future generation of domestic boilers.
Hydrogen powered, indeed the infrastructure for a domestic supply is already in place, Town gases highest component was hydrogen, so logically it would be the most cost effective progression. Which is perhaps why the Alaskan State are alluding to hydrogen production.
@ eat all
Forgot to mentioned that if all 7billion of us lived/consumed like Americans do in the western world the world would suffer a quick death as it was studied that for the world to be sustainable and to renew/regrow and recycle as we are now the world could only cope with 1.5 billion people..
Food for thought hey?
Dazzle
The one subject that is too woke to be talked about ( world population) unless your sir David Attenborough or Gaia author James lovelock ( James Ephraim Lovelock CH CBE FRS (born 26 July 1919) is an English independent scientist, environmentalist and futurist. He is best known for proposing the Gaia hypothesis, which postulates that the Earth functions as a self-regulating system.) yes he is 102yr
@ all bbc article on net zero
Half a barrel of oil drilled goes into marketing commercial products, over 6000 of em....so even if the other half is reduced from ICE into hybrids and hydrogen engines we still need half of the oil for products unless a new chemical compound or jobs that can replace these are brought into commercial production at no extra costs to economic or naturally ecosystems...
Coffee is being recycled to be used as a replacement for coal fires or wood burners or bbq’s etc..
new materials that can withstand being washed as its coated with a chemical that can let ink run of it with out staining ( see old Alex Guinness film “the man in the white suit” lol
Check out https://www.kleiderly.com/ 10% of the global co2 footprint is from fashion and 87% of textiles go to land fill. And who has the bigger wardrobe in the family? Just check out the kardashians for example...if people buy durable and affordable textiles to a minimum only when they need to as well as other recycling and consumer reduction then the planet would have a much better chance,
So much that is connected so deep. Lol geez all because of half a barrel of oil needed for products
Dazzle
'To meet this challenge the world will need to install four times the amount of wind and solar energy than it did in 2020.
This equates to adding a massive solar park every day over the next nine years.'
Lots of fairy land think tank stuff in there. I know we have to strive to implement all of that but I don't think it is possible to do all of that in the time frames they want.
09:47
perhaps the hydrogen alternative is getting closer
https://www.whatvan.co.uk/news/2021/new-vauxhall-vivaro-e-hydrogen-revealed
sure a lot of oil & gas goes into the manufacture of "e" vehicles still :-
Yep. My first thought on the the article headline was....ok so what we replacing them with???
Just to note only posted for discussion (not scaremongering, etc). I'm all for Net Zero....but the solutions aren't there yet IMO.
from the same article
"Sadly, the IEA has bought into it by proposing wholly unrealistic levels of bioenergy, which will damage forests the world over and worsen climate change. Instead of burning trees for energy, we should focus on cutting fossil fuel use, maximising energy efficiency and increasing renewables such as solar, wind, heat pumps and geothermal."
Not sure if this has been posted but big article on BBC website around Net Zero.
"The IEA says that from now, there is no place for new coal, oil or gas exploration or supplies."
https://www.bbc.co.uk/news/science-environment-57149059