Energy

Monday 22nd of July 2024

Energy But it [digital messianism] is also built on a  conceit: tech as the industry of industries; the shaper of events. It is a less tenable conceit than it was a month ago. Tech is relevant in Ukraine; see the propaganda war. But next to the existential role of energy, which keeps Russia solvent, and has the west scrambling for alternative sources, what stands out is the modesty of its bearing on events. Silicon Valley is giving history a nudge here and there, no doubt, but not setting its essential course. That is still the role of people who dig stuff out of the ground for fuel. Janan Ganesh, Financial Times, March 25, 2022 © 2022 Kwiple.com
Energy  I know of no energy source that equals the desire to get out of somewhere. Janan Ganesh, Financial Times, November 28, 2020 © 2020 Kwiple.com
Energy According to congressional testimony by Armond Cohen of the Clean Air Task Force, meeting all of the eastern United States' energy needs might require 100,000 square miles of solar panels (an area greater than New England) or more than 800,000 square miles of onshore windmills (Alaska plus California), versus only a bit over 500 square miles of nuclear power plants (the city of Phoenix, Arizona). Given the amount of real estate that solar and wind farms usurp, efforts to place them are running into entirely predictable local resistance, which will only increase as the easiet and cheapest sites are picked off. Jonathan Rauch, The Atlantic, March 2023 © 2023 Kwiple.com
Energy An utterly crushing day for Big Oil 1) Chevron investors demand emission cuts 2) Dutch court tells Shell to cut emissions by half 3) Exxon shareholders buck the company and elect directors demanding climate action. Thanks to all who fight--you push long enough and dominoes tumble Bill McKibben, 3:27 PM – May 26, 2021 © 2021 Kwiple.com
Energy Nuclear power’s biggest environmental challenge is the waste it produces, which requires thousands or tens of thousands of years of safe storage. But there isn’t a lot of it: All of the nuclear produced in the U.S. since the 1950s adds up to about 85,000 tons of material. Compare that with the tens of billions of tons of carbon dioxide that would have been produced had that electricity come from fossil fuels instead. Wall Street Journal, January 7, 2022 © 2022 Kwiple.com
Energy Shale is unusual in the oil business because of its high decline rates: a typical well produces prolifically for a year before output drops steeply in the second and then settles into a modest and diminishing flow rate thereafter. Just to hold US shale production steady year after year, let alone increase it, requires ever more wells to be drilled. Of more than 14,000 new wells that had been expected this year, 85 per cent were needed to match last year’s level. Financial Times, March 30, 2020 © 2020 Kwiple.com
Energy So what is Dr Copper's message for the energy transition? Unless solutions are found quickly, which will be challenging, insufficient supply of minerals risks short-circuiting the drive to achieve net zero by 2050. Daniel Yergin, Financial Times, July 14, 2022 © 2022 Kwiple.com
Energy Thanks to an unseasonably warm winter in  Europe, Putin's moment of maximum leverage has passed uneventfully, and … the biggest  victim of Putin's gas gambit was Russia itself.  Putin's natural gas leverage is now noneistent, as the world — and, most importantly, Europe — no longer needs Russian gas. Far from freezing to death, Europe quickly secured alternative gas supplies by pivoting to global liquefied natural gas (LNG).  Putin … has zero remaining leverage and no way to replace his erstwhile primary customer; he is finding out the hard way that it is much easier for consumers to replace unreliable commodity suppliers than it is for suppliers to find new markets.  Jeffrey Sonnenfeld, Foreign Policy, Jan. 19, 2023 © 2023 Kwiple.com