No matter what we do now, we’ve already baked in increasingly severe consequences from a warming climate. That said, if we do nothing and stay on the trajectory upon which we are currently headed, the future of our civilization is in extreme jeopardy. As it stands right now, we will unquestionably have to adopt to some changes but by being proactive…
In the past I have written about potential pivotal technology advances that will change the paradigm for electric vehicles (including planes and ships). We have all read many announcements with hope, only to never see these come into commercial fruition. (Although in an upcoming post I am going to be following up on one that I wrote about not too long ago that actually IS going into full…
The planet is already experiencing huge impacts from the increasing heat caused by our emitting heat trapping gasses, primarily CO2 and methane. The consequences are going to get much worse due to the amount of these compounds we’ve already emitted but also what we will inevitably put into the atmosphere in the next 10 years and beyond. And while we have and opportunity to mitigate the worse…
Last April I told you for a second time not to worry about the proposed fuel economy standards (CAFE) rollbacks because even if the Trump Administration did issue lower regulations that most likely they wouldn’t be implemented and if they were, the auto manufacturers would not adhere to them. 10 Months Later the Story’s Still the Same: Trump is Irrelevant You’ve seen that…
The following article is long and primarily focused on the risk of investments in fossil fuels. While I have been cautioning you about this for years the chickens are now coming home to roost. The financial markets are finally seeing the signs of a fundamental shift in where energy production is going. And the markets are reacting. While this is…
On June 15th I sent you this article: Can Concrete Really Save the Planet? As a follow up to this is the following article which describes the pressure that investors are placing on cement companies to reduce and ultimately eliminate their CO2 emissions. “Members of the Institutional Investors Group on Climate change and the Climate Action 100+, a coalition…
Our youngest of 4, our daughter Melanie, got married last weekend. What a spectacular, magical event. We had hoped to hold the ceremony outside on the shore overlooking Lake Michigan. Thank goodness we had an indoor backup plan. The country was baking under a massive heat wave and the temperature that day was 96 degrees. But this weather,…
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…
Normally I wouldn’t send you another piece of news so soon after my last post but this article was simply too compelling and extreme for me to wait. All I can say is read the whole thing. It is horrifying. And it’s coming to your city or town eventually. Especially if you are in Phoenix, LA, Las Vegas, Atlanta or…
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…