There is another climate conference going on in Glasgow. Maybe this one will lead to results. One thing I hear is that the American Secretary of State is asking Saudi Arabia to pump more oil. If that appeal is successful, there will be more oil on the market. More oil on the market means moreContinue reading “Reduce Oil Production”
Category Archives: Phaseout Profit Theory
German Public TV about Bitcoin and Climate Change
Germany has a system of television where people are forced to pay for public channels even if they are not watching. All citizens are required to pay a tax for some channels even if they have no interest in anything they produce. The German Federal Constitutional Court sees this tax as constitutional, because they assertContinue reading “German Public TV about Bitcoin and Climate Change”
Shark Duck Living on a Tree
A year ago, I never heard of Michael Saylor. Now of course I follow him. And here is what he just said about one of the altcoins, when asked if he was investing. He explained it like an ecosystem. There are species that have been around for hundreds of millions of years, because they areContinue reading “Shark Duck Living on a Tree”
Røkke Shareholder Letter about Seetee
I just read a letter to shareholders by Kjell Inge Røkke on the subject of the new company “Seetee” he just funded. I had never heard of Røkke, but I just searched at Wikipedia and found out that he is Norway’s richest person with a career started in fishing and expanding to all sorts ofContinue reading “Røkke Shareholder Letter about Seetee”
Bitcoin Energy Use Problem
The Guardian released a short video yesterday where Alex Hern discusses his wrong views about the matter. He notes correctly that the Bitcoin network uses a lot of electricity. He also notes correctly that the percentage of renewable in the mix is large compared to other industries. He then somehow proceeds to tell people theyContinue reading “Bitcoin Energy Use Problem”
Trump Running on Climate
Emily Atkin notes at her heated.world newsletter that Trump is trying to point attention to Biden’s statement in the last debate about the oil industry. Asked if he would close down the oil industry, he said yes. Trump called that a “big statement” and hopes that Texas and Pennsylvania, which have significant oil industry, takeContinue reading “Trump Running on Climate”
Earshot.earth
So I just registered the above domain on an impulse today. The immediate reason for that was the new “Earthshot” initiative, where some famous people came up with 50 million English pounds to be awarded to good ideas. Well, I have an idea. I have no idea if it is any good, but it isContinue reading “Earshot.earth”
Some questions for Oil Change International
Oil Change International has just published a report titled “Big Oil Reality Check”. It analyzes the commitments of leading oil and gas companies to do something about the climate emergency. If you guess that they find those commitments not sufficient, you would be right. And I tend to agree. If you look at the variousContinue reading “Some questions for Oil Change International”
Altmaier Proposal
German Economy Minister Peter Altmaier just published a short paper on climate change policy. His portfolio includes energy, so he does have some influence in these matters. I used to blog about him when he was Environment Minister in 2012 and estimated the cost of the feed-in tariff system as one trillion Euro until 2040Continue reading “Altmaier Proposal”
Democrat Report on Fossil Fuel Industry Influence
Emily Holden reports in the Guardian on the Democrats plan to release a 200 page report about how the fossil fuel industry bought policy over the decades to delay climate measures. I have not read that report, which may not be published yet. But I know the story already from other sources. Politics in theContinue reading “Democrat Report on Fossil Fuel Industry Influence”
Lenz Blog 