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Occasional Thoughts on Climate Change
LibertyBell replied to donsutherland1's topic in Climate Change
https://www.theatlantic.com/newsletters/archive/2022/03/russia-economic-sanctions-wheat-oil/627004/?utm_source=pocket-newtab 1) The Green-Energy Revolution Goes Into Warp Speed Tech revolutions in the 21st century tend to be very fast. It took about a decade for the share of Americans with a smartphone to go from zero to 80 percent. But energy revolutions are lazier affairs, and the green-energy transition in particular has been torpid in the U.S. and Europe, which is perhaps surprising given the declining price of solar energy. The West has simply refused to build green-energy projects fast enough to decarbonize the grid. Russia’s war could accelerate the green revolution in two big ways. First, it will increase political pressure on the U.S. and European governments to reduce reliance on Russian oil and gas. (The U.S. has already said it will stop importing Russian energy, and Europe is considering a similar ban.) In the short term, countries will lean harder on spare oil and gas sources to keep prices down. But over time, the boycott of Russian energy could raise the price of thermal energy enough that it compels countries to deploy significantly more wind and solar projects. For years, anti-growth fears, antinuclear sentiment, and vague NIMBYism have stood in the way of green-energy construction. The urgency of an external threat could melt away some of those anxieties. “We can not talk about renewables revolution if getting a permit to build a wind park takes seven years,” said Kadri Simson, the European commissioner for energy. “It is time to treat these projects as being in the overriding public interest, because they are.” Second, rising energy prices will change consumer preferences, nudging more consumers away from gas-powered cars. Today less than 5 percent of the U.S. car market is fully electric. But the industry is pushing electric vehicles hard; nearly every automotive ad in the Super Bowl was for an EV. This marketing shift could combine with a painful spike in gas prices in a way that gets more Americans to buy EVs, which will encourage more automotive companies to invest in EV production, which could bring down the cost of EVs, which will increase demand. This possible shift from energy pain to energy progress has a historical precedent. In 1973, OPEC cut off the U.S. and other countries from access to its oil, raising gas prices. Although most Americans associate that period with economic stagnation, the crisis also led American car manufacturers to become more energy efficient. Actual fuel economy as measured in miles per gallon took off in 1973. Fifty years later, we could see the same dynamic play out: the shock of energy pain leading to decades of progress. -
https://www.theatlantic.com/newsletters/archive/2022/03/russia-economic-sanctions-wheat-oil/627004/?utm_source=pocket-newtab 1) The Green-Energy Revolution Goes Into Warp Speed Tech revolutions in the 21st century tend to be very fast. It took about a decade for the share of Americans with a smartphone to go from zero to 80 percent. But energy revolutions are lazier affairs, and the green-energy transition in particular has been torpid in the U.S. and Europe, which is perhaps surprising given the declining price of solar energy. The West has simply refused to build green-energy projects fast enough to decarbonize the grid. Russia’s war could accelerate the green revolution in two big ways. First, it will increase political pressure on the U.S. and European governments to reduce reliance on Russian oil and gas. (The U.S. has already said it will stop importing Russian energy, and Europe is considering a similar ban.) In the short term, countries will lean harder on spare oil and gas sources to keep prices down. But over time, the boycott of Russian energy could raise the price of thermal energy enough that it compels countries to deploy significantly more wind and solar projects. For years, anti-growth fears, antinuclear sentiment, and vague NIMBYism have stood in the way of green-energy construction. The urgency of an external threat could melt away some of those anxieties. “We can not talk about renewables revolution if getting a permit to build a wind park takes seven years,” said Kadri Simson, the European commissioner for energy. “It is time to treat these projects as being in the overriding public interest, because they are.” Second, rising energy prices will change consumer preferences, nudging more consumers away from gas-powered cars. Today less than 5 percent of the U.S. car market is fully electric. But the industry is pushing electric vehicles hard; nearly every automotive ad in the Super Bowl was for an EV. This marketing shift could combine with a painful spike in gas prices in a way that gets more Americans to buy EVs, which will encourage more automotive companies to invest in EV production, which could bring down the cost of EVs, which will increase demand. This possible shift from energy pain to energy progress has a historical precedent. In 1973, OPEC cut off the U.S. and other countries from access to its oil, raising gas prices. Although most Americans associate that period with economic stagnation, the crisis also led American car manufacturers to become more energy efficient. Actual fuel economy as measured in miles per gallon took off in 1973. Fifty years later, we could see the same dynamic play out: the shock of energy pain leading to decades of progress.
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Don I'm going to put an article in banter that you might be interested in, feel free to check it out.
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okay but none yet for NYC or JFK? Hopefully this line coming through will change that.
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all forecasts busted so no measurable snowfall in NYC or any of the airports, Don, so far anyway?