Author Topic: Addressing climate change  (Read 2310 times)

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Offline bcsapper

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Re: Addressing climate change
« Reply #330 on: April 20, 2020, 05:00:50 pm »
I'm not an economist so this negative oil price thing is new to me but my gas gauge is down to a quarter tank so I'm expecting a nice surprise when I get to the pumps.

58 cents/litre today
Time for bed said Zebedee...

Offline Omni

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Re: Addressing climate change
« Reply #331 on: April 20, 2020, 05:05:28 pm »
58 cents/litre today

Where are those pumps?!

Offline Granny

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Re: Addressing climate change
« Reply #332 on: April 20, 2020, 05:08:23 pm »
!!
Oil price goes into negative territory as traders get squeezed running for the exits

https://www.cbc.ca/news/business/oil-price-monday-1.5538048

Offline bcsapper

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Re: Addressing climate change
« Reply #333 on: April 20, 2020, 05:11:45 pm »
Where are those pumps?!

Drayton Valley
Time for bed said Zebedee...

Offline Omni

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Re: Addressing climate change
« Reply #334 on: April 20, 2020, 05:16:17 pm »
Drayton Valley

Better than we've got but the drive over there to fuel up would offset difference. Unless I rented an 18 wheeler with some really big tanks in tow.

Offline Granny

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Re: Addressing climate change
« Reply #335 on: April 22, 2020, 09:11:27 pm »
We need government intervention to ensure that there are the incentives for green energy and the disincentives for dirty energy. 

Yes, by shifting some oil subsidies and tipping profitability to renewable energy.

Free the energy market.


Quote
Phasing out of internal combustion engines and forcing all vehicles to be zero emissions by a certain date is not “setting the energy market free”.  It’s just the opposite.

Green the electricity grid is the first goal. That's the big energy production.

Cars get replaced naturally. No need to force that.
Soon all internal combustion engine vehicles will be classics. 
« Last Edit: June 16, 2020, 08:32:45 am by Granny »
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Offline wilber

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Re: Addressing climate change
« Reply #336 on: April 22, 2020, 10:23:47 pm »
Gas is so cheap I'll be doing lots of socially isolated cruising in the old land yacht this summer, who cares if it only gets 11 MPG on premium.
"Never trust a man without a single redeeming vice" WSC

Offline Granny

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Re: Addressing climate change
« Reply #337 on: June 14, 2020, 11:13:15 pm »
https://seekingalpha.com/article/4353723-time-to-overweight-renewable-energy

*Oil consumption could very well have peaked in 2019 at about 100 million barrels per day.

*Some see the rise of remote working as the biggest threat to oil demand going forward.

*Coal use in the U.S. has been in decline, and in 2019, electricity generated from renewable sources surpassed coal for the first time in over 130 years.

*The S&P Global Clean Energy Index was up almost 45 percent for the two-year period through June 5.