In the last week or two, there has been a great deal of news about the science and impact of climate change. There are many new studies and research that has occurred and articles reporting the results. Many of these are about the topics I have been writing you about for a long time. Today I will focus on real…
You know that I’ve been warning for a very long time that investments in fossil fuel assets are going to lose their value and do so much sooner and faster than “conventional” wisdom. Of course, there were some that didn’t even agree that fossil fuel investments were even risky. I posited that major oil companies’ investments in enormous development projects…
Today’s message is that small, sometimes nearly invisible things matter in a BIG way. Previously I’ve alerted you to NSR (New Source Review: https://franklytalking.com/altering-nsr-can-kill-you-concerned/) and how what might be an obscure adjustment to a regulation can have an enormous impact on your personal health and that of the planet. In addition, I wrote about the CRA (Congressional Review Act: https://franklytalking.com/what-the-hell-is-cra-and-why-should-you-care/) and how its…
Last week I wrote about the multitude of articles showing how our country is waking up to the climate crisis and beginning to react. None too soon because the consequences are becoming not only worse but converging. Or, as the following article describes, cascading. The article from the NYT is a bit long and honestly, scary and depressing as…
After sending my last message to you incapsulating some of my themes and perspectives I thought that today I would send you the highlights of some recent articles that summarize and reiterate several topics about which I’ve been writing. I’ll leave it up to you to look up the articles if you want more details. Phoenix Hits 114 F for…
Back in June 2018 I sent out this piece: Altering NSR Can Kill You. Concerned?? (https://franklytalking.com/altering-nsr-can-kill-you-concerned/) Well, NSR (New Source Review) is back in the news. I’m really delighted to send you this article today. You probably know that I am a life member of Sierra Club having joined the Club in 1976. I have been actively engaged…
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…
Let’s stay on the topic of the demise of fossil fuels to boil water to create steam to run the turbines that create electricity for the power grid. In a recent article I sent you I said “it’s clear that fossil fuels are toast.” And the hits keep rolling. You don’t have to be a brain surgeon to figure this…
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…
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…