Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018
link : Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018

Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018

Preaching to the choir, but "fun" to read. Over at oilprice.com:

100 million. It’s a number that drowns comprehension; it’s more jelly beans than can fit in an average-sized swimming pool.

Within a year, world oil consumption will top 100 million barrels of oil per day. Over the same time period, close to 100 million new piston-firing vehicles will be bought by petroleum-thirsty customers.

I hate to say it, but any notion of imminent “energy transition” or “decarbonization” is folly.

In fact, the percentage of fossil fuels in the world’s energy mix—coal, oil and natural gas—is still lingering well above 80 percent, a figure that has changed little in 30 years. That remains so, despite being challenged by serious environmental policies, financial pressures, viable alternative systems, public awareness and social activism.

It’s true that wind and solar are being deployed quickly, at an exponential rate in fact. But impressive as it all is, renewable energy installations are far too slow to catch the still-hardy appetite for fossil fuel consumption. Such energy obesity is not virtuous, but it’s a fact needing acknowledgement in a world of over seven billion people, each of whom are wanting for more light, heat, mobility and a panoply of mostly useless gadgetry.

And he goes on and on. "Fun" to read. 

100 million bbls/day.

Libya? What? 500,000? 1 million? 2 million? Not what. Whatever.

************************************

Gasoline Demand

Link here.

https://ift.tt/2dZyQXu

Thus Article Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018

That's an article Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Another Inconvenient Truth -- The Myth Of An Imminent Energy Transition -- Peter Tertzakian -- May 18, 2018 with the link address https://mylivemyidea.blogspot.com/2018/05/another-inconvenient-truth-myth-of.html

Tweet

Subscribe to receive free email updates: