Magicians Misdirect Their Audiences—So Do Energy AdvocatesI wrote a post yesterday poking fun at French investment bank Kepler Chevreux for their analysis that they claim has dramatic implications for the global oil industry. They estimate: “$100 billion invested in either wind energy or solar energy – and deployed as energy for light and commercial vehicles – will produce significantly more energy than that same $100 billion invested in oil” and go on to posit: “the implications, needless to say, are dramatic. It (sic) would signal the end of Big Oil, and the demise of an industry that has dominated the global economy and geo-politics, for the last few decades. And the need for it to reshape its business model around renewables.” (more…)

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John Oliver on Climate DisruptionIMO, John Oliver doesn’t get enough coverage of his terrifically insightful and hilariously funny commentary on life in the 21st Century.  Here’s a four-minute-long excerpt from his recent piece on climate change, including this exchange:

Newscaster: According to a recent poll, one-quarter of Americans are skeptical that climate change exists, or believe that concerns are exaggerated.

Oliver:  Who gives a *&^%?  And whose idea was it to survey Americans on matters of fact?  That’s like asking people’s opinion on whether 5 is a bigger number than 15, or if owls exist.  All this means is that one-quarter of Americans are incorrect.  And how newsworthy is that?

 

 

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On Michael Faraday and Wally Rippel It is the birthday of Michael Faraday, whose discovery of the relationship between electricity and magnetism in the 1830s remains to this day one of the most important contributions to the well-being of humankind.

By coincidence, I’m having lunch tomorrow with my friend Wally Rippel (pictured), an extremely senior scientist in this space. In 1968, Wally represented Caltech in the Sunracer project, pitting his school against MIT in a contest to determine who could build the better electric vehicle. 46 years later, Wally’s still making important refinements in the conversion of electrical to mechanical energy and vice versa.

 

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Tesla Motors Get Lots of Ink in Seeking AlphaI subscribe to the website Seeking Alpha for news about Tesla Motors, meaning that I receive perhaps three or four emails per day proffering opinions on the value of the company’s stock.  Needless to say, some of these make more sense than others.  Here’s one that says, essentially, that because Tesla has been successful with a pure EV, that plug-in hybrids are bound to experience a resurgence.

Wow, that’s some seriously flawed logic.  Cars have risen to dominate horse-drawn buggies.  Does he expect a resurgence in the latter?  I’m sure glad this guy isn’t managing my money.

 

 

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Climate Disruption, Climate ActionWant 63 seconds of inspiration to jumpstart your Monday morning?  Here’s Morgan Freeman’s video on climate action.

Note the tone of this masterpiece: it’s not about scaring the viewer, or calling out the bad guys, or placing blame on piggish consumers; it’s about pure love and hope.  Incredible.

At the end of the day, I think the dude is right, and, in fact, this is essentially the message I’m communicating in my new book “Bullish on Renewable Energy – Eleven Reasons Why Clean Energy Investors Can’t Lose,”  i.e., humankind is well-positioned to emerge victorious in the most important challenge it’s ever faced.

 

 

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An Investment in Either Wind Energy or Solar Energy Will Produce More Energy Than an Investment in Oil--But What Are the Implications?Here’s an article that begins:

French investment bank Kepler Chevreux has produced a fascinating analysis that has dramatic implications for the global oil industry.

It estimates that $100 billion invested in either wind energy or solar energy – and deployed as energy for light and commercial vehicles – will produce significantly more energy than that same $100 billion invested in oil. (more…)

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Renewable Heat Incentives Save You More Than EnergyThe Renewable Heat Incentive is for everyone, whether for households, landlords, businesses, schools, hospitals and many more. It is a beneficial scheme which you can be used to save money and energy, both together!

There have been various attempts to enhance the usage of renewable energy across UK. One of the best examples is of the Feed-in Tariffs. A scheme which went live in April 2010 accelerated the installation of renewable energy capacity in Europe. And now comes the more effective, the Renewable Heat Incentive (RHI) which was launched in April 2014. Through this scheme, who make use of renewable energy to heat their buildings are awarded financially. (more…)

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Wind Energy and Compressed Air Energy Storage Represent Environmentally Friendly Baseload PowerIn a discussion of one of our cleantech investment opportunities that happen to implement wind energy with compressed air energy storage, a friend writes, “compressed air as a storage medium is a commodity along with other storage mediums, so the success of this company depends upon whether the subject company has patented a defensible technology that takes CAES, a technology from the 70’s, and increases its efficiency and cost over other storage mediums. Comparing it to coal and nuclear plants is not a relevant comparison.”

I respond:  (more…)

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 People's Climate March -- Looks Like a Huge SuccessI’m sorry I was unable to be a part of this historic event.  “People in the streets as far as the eye can see,” reported the NY Times, a reporter for which took this shot a few hours ago.  Wow, that’s good news; it certainly is gratifying to see that the march is proceeding so successfully.

As the great abolitionist and author Frederick Douglass told us, “Power concedes nothing without a demand.” (more…)

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More Advice to Young Reader on a Career in Renewable EnergyA young reader asked me for more clarification on what coursework he should pursue, given that he intends to make his career in renewable energy.  I respond:

It really depends on your strengths and interests.  Check out how broad “environmental science” is.  If you’re a math/science guy, that’s a great thing in which to major if you want to pursue renewable energy.  If you have a fantastic resume, you could aim for the Bren School at UCSB (near me); it’s probably the top school in the world in this discipline.   (more…)

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