I ran into a friend at a party a short while ago who I hadn’t seen in quite a while. He gets this newsletter and remarked to me that he appreciated getting the info and my passion for the subject matter. And then he asked me if we were really in any big trouble. Of course I answered with a…
Continuing on the theme of how the growing climate crisis is being recognized by the financial community as an existential threat, the following article describes the growing recognition (can I say panic?) that has finally dawned on the financial world. With this financial constituency now crying out for action maybe we have a chance of finally recognizing the urgency of action…
On several occasions over the years I’ve written about “stranded assets”. These can be categorized in more than one way. The article below discusses the cost that is on the books of companies of physical assets above ground such as plants and equipment that will become worthless as renewable energy pushes fossil fuel burning plants out of business. There is also…
From the following article: “The United States has experienced 412 consecutive months with temperatures, at least nominally, above the 20th-century average, according to NOAA. Climate disasters have also been on the rise, with three of the four most active disaster years coming in 2016, 2017 and 2018.” It is becoming more and more obvious that extreme weather is getting worse…
In my last post I wrote about the cost of battery technology dropping dramatically and faster and faster. So now I want to address the other big barrier to EV adaptation and that is speed of charging. Due out this year is a car that will charge 60 miles in 4 minutes. That’s 360 miles in 24 minutes. OK. Yea, it’s a Porsche…
Following up on my last posting about the fuel economy standards that the Trump Administration is attempting to reduce, I want to remind you of another theme that I have harped on for years: that technology is progressing, and going to continue to do so, much more rapidly than “conventional wisdom” perpetrated by mainstream sources would have you believe. Battery capacity, size, price…
Last June after the Trump Administration announced that is was going to roll back the Obama era fuel economy standards I told you not to worry about that. Here’s the link to that posting. Don’t Fret CAFE Rollbacks 10 months later the message is still the same and what I said then is being reiterated again now… “”It’s a global…
Yesterday’s Wall Street Journal came with a supplement magazine. When I opened it up I saw a couple of ads for private islands for sale. The properties looked serene and gorgeous surrounded by crystal blue water. The two I glanced at were priced at over $15,000,000. I said to myself, who in their right mind would pay a penny for one of…
Those of you that live in the middle of the country, like I do near Chicago, may be thinking that since we don’t live on an ocean coast that a warmer climate due to man made climate change won’t affect us much. Here in Chicago I sometimes hear people saying how winters here have changed since we were kids in the…
I know. I know. I keep sending you articles about extreme weather and its consequences. It’s because it’s my perception that most people, especially those in the US, haven’t yet come to grips with how bad the circumstances are that we are already experiencing around the planet due to the increased heat in the atmosphere . And, therefore, how much worse it is…