Tag: oil

Still Think That Fossil Fuel Assets are a Good Investment?

Still Think That Fossil Fuel Assets are a Good Investment?

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…

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How Many Fingers Do You Have?

How Many Fingers Do You Have?

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…

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Let’s Get Something Straight

Science matters.  While there aren’t many climate change skeptics any more, unless you belong to the Republican Party, it is  worthwhile to see graphically what is happening to our planet’s atmosphere so we can be confident of the rationale for demanding aggressive action to avoid the worst consequences that a quickly warming climate will cause.  So short and to the point today.  A quick…

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Is It Any Wonder?

Is It Any Wonder?

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…

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Are We There Yet?

Are We There Yet?

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…

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The Big Gamble:  Betting Our Future on Ignorance?

The Big Gamble: Betting Our Future on Ignorance?

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…

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Once Again OUR Tax $$$s are Supporting the Fossil Fuel Industry and Therefore Climate Change

Once Again OUR Tax $$$s are Supporting the Fossil Fuel Industry and Therefore Climate Change

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…

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Is Oil Finally Burnt Out?

Is Oil Finally Burnt Out?

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…

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