I hope you listened to my warnings over the past few years and divested yourself from any asset in any way tied to fossil fuels not just for moral reasons but for your own financial security. A great deal of the asset values supporting the prices of a fossil fuel extraction company’s financial instruments is the capitalized cost of the proven…
I have been writing for a long time about following the money as it relates to climate change. More recently I’ve been revealing how more and more finance entities have been committing to begin redirecting their capital away from fossil fuel projects and into renewable energy assets. This started with a trickle and becoming a torrent. When this started it was tentative and…
Science matters. While there aren’t many climate change skeptics any more, unless you belong to the Republican Party, it is worthwhile to see graphically what is happening to our planet’s atmosphere so we can be confident of the rationale for demanding aggressive action to avoid the worst consequences that a quickly warming climate will cause. So short and to the point today. A quick…
As I have been writing about for years and in many of my most recent articles, follow the money. Fossil fuels are being abandon like a hot potato. As predicted, costs of renewables have dropped more than dramatically. In 10 years solar has gone from $300 a megawatt hour to $38 in China today. And wind in the last 10 years…
In case you haven’t been paying attention, it’s becoming more and more clear that the horse is out of the barn: we’ve passed a tipping point. When you can read this in Forbes, things have changed. “After all the suffering of the pandemic, let’s make investments that will preserve life as we know in this planet and strengthen our…
I am staying on the finances of climate change. The last post related to the IMF (International Monetary Fund) warning that: “nations must do all they can to promote a recovery that also fights against the climate-change crisis” IMF Gets On Board More and more pressure is coming to bear on investors to take into consideration the risk of directing capital…
Short but sweet today. Following up on my last two messages to you to reveal the widening acceptance and understanding that we should learn and take advantage of our current circumstances regarding the COVID – 19 pandemic as relates to climate chaos. The two concepts to which I am referring are: 1. There is a connection from this pandemic to…
I have been warning of the impending collapse of the fossil fuel business especially oil. And, with it the devaluation of value of the oil companies’ stock price. I expected it to happen quickly when it occurred but I certainly didn’t expect it to happen due to a global pandemic. But here we are. As predicted, it ain’t pretty. And after we get past…
I am thinking of all of you that receive and read my posts. I am confident that, while it make take much longer than any of us would like, we will emerge from the pandemic in time. I certainly hope and pray that we and all of our loved ones and friends are healthy and sound now and at that time. I imagine…
Following up on the post I wrote on Monday (https://franklytalking.com/is-the-coronavirus-pandemic-sending-us-a-wake-up-call-on-climate/) I am attaching two more articles about how ill prepared the U.S. is for anticipating and preparing for a rapid change in the climate and the consequences thereof. Just look at the title of this post and think of how totally incompetently the current Administration is in dealing with the current Pandemic to…