“While electric-vehicle adoption remains small globally, and is expected to rise gradually, the prospect of a large-scale shift is setting up a showdown between oil companies and utilities over who will power tomorrow’s cars.” I am doing something a little different today. I am quoting the punch line above. Transition from fossil fueled vehicles to those powered by electricity (hopefully,…
As I have written about on many occasions, the world is increasingly moving on from fossil fuels to renewable and distributed energy. One of the reasons is that renewable energy now is cost competitive or cheaper that fossil fuels. This is especially true if the fossil fuel energy is from a new plant. Secondly, more and more it is being…
In case you or someone you know still has any doubts about the fact of human caused climate change or of its devastating consequences and effects this article should make you think twice a hundred times. Events are unfolding along the lines that have been predicted for a few decades now. Have you seen any of the articles about how…
The following article appeared in the Wall Street Journal recently. It reveals how energy companies are viewing the future of automotive transportation. It also describes some of the investments that are being made in encouraging and preparing for a world full of electric vehicles (EV’s). While conventional wisdom continues to predict that a sizable portion of the market will still…
The map below does not copy well to this posting. The title is “The World: 4 degrees C Warmer”. And it notes, “No one knows exactly what this world will look like, but models provide insights into forced human migrations and our future power generation.” Another notation is: “Amazon: desert”. How accurate this might be if we are unable to…
Here’s some news you may have missed. Ireland is divesting of its fossil fuel investments. More and more individuals and institutions are realizing that holding and investing in fossil fuel companies is bad for the planet, bad economics and bad for their reputation and brand. Thus, they are all dumping their fossil fuel securities. And the movement is spreading: individuals,…
As time goes on we continue to learn more and more about how complex our climate is. So many factors contribute to how things change. Research constantly unfolds new understanding of how our human activities are exacerbating global warming which is in turn changing the climate both locally and globally. The following article is certainly eye opening. It is commonly…
Over the years I have written about how climate change is a threat to world peace. In fact, the Pentagon has been saying this in its security threat reports since the ’90′s. They actually call it the highest threat to peace. The reason is what climate change is doing to natural resources. For instance, what would you do if your…
When Sierra Club began the effort to challenge the final permitting of a proposed coal fired power plant being built by Indeck in Elwood, Illinois southwest of Chicago near Joliet, we never could have imagined where we’d be some 16 years later. After 8 years Indeck threw in the towel and gave up. Now, burning coal to boil water to produce electricity is a…
If you go to my website, franklytalking.com, and look back over the years of posts, you’ll see quite a few are pointing out the economic and investment risk that climate change threatens. Gradually, over the past years, the alarm has been growing and growing. Undoubtedly, there is going to be disruption to “business as usual.” Enormous shifts of capital are…