IMF Fossil Fuel Subsidies Data: 2023 Update
Global fossil fuel subsidies hit $6.7 trillion in 2024. Only 11% were explicitly undercharging for supply. 89% were implicitly undercharging for biosphere damage including pollution costs. In contrast, the global renewable transition is estimated to cost around $1 trillion to $2 trillion annually, meaning subsidy redirection could fully fund the green shift. According to research […]
The Incredible Inefficiency of the Fossil Energy System
The shift from primary energy to useful energy is the fundamental game-changer of the energy transition. Rather than fixating on replacing total primary energy inputs, which are currently inflated by massive fossil-fuel waste heat, the core of the transition is to generate clean, highly efficient useful energy — which ultimately reduces to motion and heat. […]
Canada’s Oil Pipeline to Nowhere Tripling Costs Could Have Built HVDC Across the Country
Was any part of the approval process of the Alberta dilbit Trans Mountain Pipeline to Nowhere informed by independent expert economic, engineering, environmental, scientific… review in the best interests of all Canadian FSTs, humanity, humanity’s planet – healthcare – welfare – future…? As this article summarizes, a better option for less money is an HVDC […]
Astonishing Things You Never Knew about Fossil Fuels from Bill McKibben
Some astonishing facts about the fossil fuels delivery system presented in this article are: 40% of the world’s shipping delivers fossil fuels around the world to be burned. There are much more than 100,000 delivery containers circling the globe continuously. Added to the container ships are endless networks of pipelines, trucks, trains…; this network is […]
The Dirty Dozen: Meet America’s Top Climate Villains
Who are The Dirty Dozen? The Woke-Washer: Mike Wirth, Chairman of the Board & CEO of Chevron The Ringleader: Darren Woods, Chairman of the Board & CEO of Exxon ExxonMobil The Enabler: Jamie Dimon, CEO of Chase Bank The Financier: Larry Fink, CEO of BlackRock The Kingpin: Charles Koch, Chairman & CEO of Koch Industries The Obstructionist: Mitch McConnell, […]
Leave Fossil Fuels Buried to Prevent Climate Change
If the bookkeeping is honest, solar energy is already a much better energy supply investment than any of the fossil fuels – it costs not a little, but a lot less. What is honest bookkeeping you ask? Insist that the fossil fuel industries pay all of their real costs; do not let these industries transfer […]
How Much will Tar Sands Oil Add to Global Warming?
* Coming soon…