Category Archives: Phaseout Profit Theory

Hans-Josef Fell just documented how bad the fossil fuel industry is doing right now (in German). The oil and gas industry is big, but not actually making profits. There have been many bankruptcies already in the United States shale gas sector. And big oil companies like Exxon pay out much more to their shareholders thanContinue reading “Phase Out Fossil Fuel to Save the Industry”

Since I believe that global warming would be solved in a matter of weeks if the owner of fossil fuel reserves just understood that they benefit from producing less, I was unhappy with the recent years of OPEC failing at its mission and the resulting low oil prices. Now Bloomberg reports that OPEC has agreedContinue reading “Good News on OPEC”

One of the main themes I am exploring here is how to assure that phasing out fossil fuel is done in a way that increases fossil fuel company profits while solving global warming at the same time. My idea is to voluntarily reduce production, watch prices go up, and compensate for the inevitable lower volumeContinue reading “Worst Possible Phaseout Strategy”

That would be “Oil Importing and Consuming Countries”. The German newspaper Die Welt reports on how OPEC has failed to put an effective ceiling on oil production for the last couple of years. That’s bad news for the climate. Lower prices for gasoline mean less incentives to buy an electric vehicle. The article shows thisContinue reading “OPEC Doesn’t Work, Time For OCIC”

Rainer Baake, State Secretary at the German Ministry for Economic Affairs and Energy, wrote an article at the Guardian titled “Industrialized nations must lead an exit strategy for fossil fuels”. There are two reasons I was interested. One is this paragraph: In fact, the progress made on energy efficiency and renewables can actually exacerbate theContinue reading “Phaseout Profit Theory Is an Exit Strategy”

As discussed in this article by Ambrose Evans-Pritchard in the Telegraph, the “OPEC Oil Outlook” recently published assumes that neither global warming regulation nor electric vehicles will influence oil demand much until 2040. They recommend that firing coal for generating electricity should be reduced to deal with global warming. In other words, they do agreeContinue reading “OPEC Oil Outlook”

Business Insider has interviewed Jim Chanos, who has made a name for himself in investing as a specialist for shorting companies. Chanos thinks people should short oil companies. Here is his reason as stated in that interview: I think if you were to look out five or 10 years, if I was a member ofContinue reading “Get It While You Can”