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…
Before I get to the topic of this article, I want to recognize that we are still in the grip of a terrible pandemic and that, in my humble opinion, we are not “over it” as some might have you believe. Based on the chaos and lack of a coherent plan to tame this beast it appears to me that the worst is…
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…
The last couple of messages weren’t particularly encouraging. This one brings a better message: The message is getting through. The message is that climate change is REAL, something to be concerned about and will have a personal impact. “Nearly three-quarters of respondents also said they were worried about the current global climate, with 34 percent saying they…
The following Newsweek opinion piece’s principal message is that the current COVID-19 pandemic should teach us the lesson about the cost of failing to recognize foreseeable disasters and take actions to mitigate them. Denying the science behind pending catastrophes doesn’t make them go away. “The real discussion we should be having is not about the age-old debate of big government versus small…
Before I start my overview of the attached article I want to address the feedback I received from many of you about my format. Thanks to all of you who responded. The first point was that almost everyone liked it and encouraged me not to change it. That said, there was some confusion on the overall scheme. So let me try to…
“Georgia regulators this month halted the last proposed coal plant in the United States.” “”This represents the end of a bad idea,”” VICTORY! FINALLY! The seeds of the campaign to stop any new coal plants from being built and put into operation started here in Chicago back in the mid 90’s with the Sierra Club Northern Illinois Air Quality…
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…