Undoubtedly you read or heard about the power shutoff that occurred in California recently by PG & E due to wildfires. Most likely, though, you may not have thought about some of the implications of this beyond the immediate concern of the people effected by this event. The ongoing issues are very disconcerting and cannot be resolved overnight. In fact, they may…
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…
Reading the following article from Rolling Stone Magazine, I don’t know where to begin. If you’ve ever read one of their feature articles you know how long they are. So, I am reluctant to use them in my postings. Yet, this one is so compelling. It is about the impact of extreme heat that is coming as a result of climate change.…
The last post I sent you emphasized how dramatically the earth is heating up and consistently smashing heat records worldwide by huge margins at a vastly higher pace than anytime in the past. This is one of the results. “What was once exceptional is becoming more frequent today.” “The melting has reached parts of Greenland that typically stay frozen all year…
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…
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,…
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…
The last several articles that I’ve sent you were about how the warming climate is creating unprecedented weather events around the U.S. and the world. CO2 levels have shattered concentrations such that it’s now, around 415 ppm, at a concentration that has never existed during human existence. Or, for millions of years before that. We are heading into new uncharted territory at a pace…