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Will big oil move fast enough?
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Jun 21, 2017 14:03:15   #
JFlorio Loc: Seminole Florida
 
I hate to call someone a liar, but obviously perm who doesn't seem retarded is lying. There is to much available information out there; such as the U. N. representatives themselves saying the accords will not affect Climate Change but distribute money from the advanced industrial countries (mainly the U.S. to the non-industrialized countries.
Super Dave wrote:
Haha.

The Paris Accords never had a chance to do anything except punish America and make elites feel good about themselves.

Reply
Jun 21, 2017 15:45:06   #
padremike Loc: Phenix City, Al
 
permafrost wrote:
J,

Just as scribes were put our of work by the printing press, so may fossil fuel worker be removed by renewable s..

This is not new, it has been on going for years..

Wind turbines and solar panels accounted for more than two-thirds of all new electric generation capacity added to the nation’s grid in 2015, according to a recent analysis by the U.S. Department of Energy. The remaining third was largely new power plants fueled by natural gas, which has become cheap and plentiful as a result of hydraulic fracturing.

It was the second straight year U.S. investment in renewable energy projects has outpaced that of fossil fuels. Robust growth is once again predicted for this year.

And while Republican lawmakers in Washington have fought to protect coal-fired power plants, opposing President Barack Obama’s efforts to curtail climate-warming carbon emissions, data show their home states are often the ones benefiting most from the nation’s accelerating shift to renewable energy.




Also----


US Clean Energy Jobs Surpass Fossil Fuel Jobs By 5 To 1
February 1st, 2017 by NRDC

Originally published on NRDC.
By Lara Ettenson, Director, California Energy Efficiency Policy, Energy & Transportation program

The recently published Department of Energy 2017 U.S. Energy and Employment Report shows that clean electricity jobs are no doubt the engine that drives America’s electric energy economy, outstripping the number of paychecks provided by the fossil fuel industry by at least five to one. While that doesn’t mean fossil fuel generation is gone, it certainly means that if you are a politician looking for ways to grow jobs for the long term in your community, clean energy is the path to take.


Check out the numbers

All told, nearly 1 million Americans are working near- or full-time in the energy efficiency, solar, wind, and alternative vehicles sectors. This is almost five times the current employment in the fossil fuel electric industry, which includes coal, gas, and oil workers.
J, br br Just as scribes were put our of work by ... (show quote)


Who makes the most money from a gallon of gas the government or the oil companies?

Reply
Jun 21, 2017 15:46:59   #
permafrost Loc: Minnesota
 
padremike wrote:
Who makes the most money from a gallon of gas the government or the oil companies?



that is such an old question that if you do not know by this time, you will never be told..

and what does it have to do with the shifting market???

Reply
 
 
Jun 21, 2017 16:19:25   #
padremike Loc: Phenix City, Al
 
permafrost wrote:
that is such an old question that if you do not know by this time, you will never be told..

and what does it have to do with the shifting market???


It's like the government damming cigarettes and then making more money on a sin tax than they ever made before. Can't afford for people not to smoke or for women to drop out of the work force to stay home and raise children. There is enough coal under and around Gillette, Wyoming alone to support current and projected needs for all industrial energy requirements for the next 300 years. But you nuts think wind and solar can do the same. It can't and the cost will be astronomical. But you're willing to sacrifice the American economy to try and make a point. But you're finished, you just don't know it yet.

Reply
Jun 21, 2017 17:15:51   #
badbobby Loc: texas
 
permafrost wrote:
Due to the world oil glut, prices fell again this morning (6/20/17) to a nine month low..

Even while Russia and OPEC have cut back production, Libya and African state have rushed to recover from past wars and legal battles..

Now it looks as if the path will be to move into renewables.. In spite of trumps actions that is the direction investors and the world are moving..

http://money.cnn.com/2017/06/15/investing/solar-renewable-energy-big-oil/index.html

Big Oil may be ignoring the rapid growth of solar and wind energy at its own peril.
The world might still get the majority of its energy needs from fossil fuels like oil and coal, but governments have begun to crack down on carbon. And consumers are shifting to cleaner options like solar panels and Tesla's electric cars.
Traditional energy companies need to act quickly or they risk being left behind when the world's appetite for oil has finally peaked.
Powered by SmartAsset.com

SMARTASSET.COM
"Wind and solar are poised to radically reshape energy markets," analysts at oil and gas consultancy Wood Mackenzie wrote in a report this week, calling it the "biggest shift in strategic direction in a generation."
Big Oil must spend $350 billion on wind and solar between now and 2035 in order to have their renewable market share match the 12% they currently hold in oil and gas, Wood MacKenzie estimates.
"The shift to alternative energy is underway," the report said. "The transition is forcing the oil and gas industry to rethink its future."
Related: Oil has a Tesla problem. But when will it hit?
Up until this point, large oil companies like ExxonMobil (XOM) and Chevron (CVX) have avoided investing heavily in renewables. Critics have pointed to the high costs of solar and wind and the reliance on generous government subsidies that could fade away.
But renewable energy costs have begun to come down, a trend that many expect will accelerate thanks to the billions of dollars being poured into new technologies. Solar costs alone have been roughly halved over the past five years. The growth is backed up by impressive job creation, with solar employment expanding last year 17 times faster than the total U.S. economy.
All of this means there may now be a business case for Big Oil to diversify into cleaner forms of energy, if for no other reason than to protect its own future.
"The growth opportunities in renewables cannot be ignored," Wood Mackenzie wrote, adding that "renewables pose a threat to legacy oil and gas operations."
Of course, it would take a very long time before renewable energy can make up a meaningful portion of energy companies' total production. And the timing for future demand for oil is notoriously difficult to predict.
Still, it is clear that fossil fuel investments no longer look as alluring as they once did. Oil and natural gas prices remain depressed due to serious gluts, forcing large energy companies to postpone long-term and expensive projects like deepwater drilling.
Part of the problem is that governments have begun to crack down on carbon emissions amid heightened awareness about global warming. While the U.S. decided to withdraw from the Paris climate accord, most nations and many business leaders remain committed to the goal of boosting cleaner energy.
Related: Solar jobs growing 17 times faster than U.S. economy
That's why Wood Mackenzie has begun forecasting a "carbon constrained" scenario where oil demand peaks before 2030 and "enters a slow decline" as investor sentiment towards carbon "hardens."
In that pessimistic scenario for fossil fuels, the firm estimates that solar and wind power could make up nearly one-quarter of the global power market by 2035. In this scenario, Wood Mackenzie says renewable energy could generate nearly three times more revenue by 2035 than all of U.S. shale.
Big Oil does seem to be listening. Many energy companies have shifted towards natural gas, which is seen as a cleaner fossil fuel.
European oil companies are moving more aggressively into renewables, with Norway's Statoil (STO) investing in offshore wind and France's Total acquiring solar companies.
If Wood Mackenzi's predictions are true, much more will need to be done soon if oil companies want to ensure they aren't left behind in a cleaner energy world.
- See more at: http://money.cnn.com/2017/06/15/investing/solar-renewable-energy-big-oil/index.html#sthash.xEMDprHr.dpuf
Due to the world oil glut, prices fell again this ... (show quote)


good post perm
this is definitely a changing world
my grand daughter was doing well as a realtor
quit,
took all her savings and invested it in solars
In my wisdom(I"m old) I asked her if she was out of her mind
she replied"Pawpa,it is a changing world"
She has been in the solar business for a little over a year
She is making a killing
Of course she gets her business sense from me


Reply
Jun 21, 2017 17:27:28   #
permafrost Loc: Minnesota
 
badbobby wrote:
good post perm
this is definitely a changing world
my grand daughter was doing well as a realtor
quit,
took all her savings and invested it in solars
In my wisdom(I"m old) I asked her if she was out of her mind
she replied"Pawpa,it is a changing world"
She has been in the solar business for a little over a year
She is making a killing
Of course she gets her business sense from me

good post perm br this is definitely a changing wo... (show quote)




Good to hear bobby, She is clearly a wonderful young lady..

all your doing....

Reply
Jun 21, 2017 17:30:06   #
permafrost Loc: Minnesota
 
padremike wrote:
It's like the government damming cigarettes and then making more money on a sin tax than they ever made before. Can't afford for people not to smoke or for women to drop out of the work force to stay home and raise children. There is enough coal under and around Gillette, Wyoming alone to support current and projected needs for all industrial energy requirements for the next 300 years. But you nuts think wind and solar can do the same. It can't and the cost will be astronomical. But you're willing to sacrifice the American economy to try and make a point. But you're finished, you just don't know it yet.
It's like the government damming cigarettes and th... (show quote)




Padremike,

You are a strange person... can not decide if you are simply putting my on or truly the clueless dirtbag you present..

Once upon a time, I felt clean coal would work and all would be super..

But the coal industry itself did not want it and chose other wise in 1991..

Reply
 
 
Jun 21, 2017 18:13:32   #
peter11937 Loc: NYS
 
permafrost wrote:
Due to the world oil glut, prices fell again this morning (6/20/17) to a nine month low..

Even while Russia and OPEC have cut back production, Libya and African state have rushed to recover from past wars and legal battles..

Now it looks as if the path will be to move into renewables.. In spite of trumps actions that is the direction investors and the world are moving..

http://money.cnn.com/2017/06/15/investing/solar-renewable-energy-big-oil/index.html

Big Oil may be ignoring the rapid growth of solar and wind energy at its own peril.
The world might still get the majority of its energy needs from fossil fuels like oil and coal, but governments have begun to crack down on carbon. And consumers are shifting to cleaner options like solar panels and Tesla's electric cars.
Traditional energy companies need to act quickly or they risk being left behind when the world's appetite for oil has finally peaked.
Powered by SmartAsset.com

SMARTASSET.COM
"Wind and solar are poised to radically reshape energy markets," analysts at oil and gas consultancy Wood Mackenzie wrote in a report this week, calling it the "biggest shift in strategic direction in a generation."
Big Oil must spend $350 billion on wind and solar between now and 2035 in order to have their renewable market share match the 12% they currently hold in oil and gas, Wood MacKenzie estimates.
"The shift to alternative energy is underway," the report said. "The transition is forcing the oil and gas industry to rethink its future."
Related: Oil has a Tesla problem. But when will it hit?
Up until this point, large oil companies like ExxonMobil (XOM) and Chevron (CVX) have avoided investing heavily in renewables. Critics have pointed to the high costs of solar and wind and the reliance on generous government subsidies that could fade away.
But renewable energy costs have begun to come down, a trend that many expect will accelerate thanks to the billions of dollars being poured into new technologies. Solar costs alone have been roughly halved over the past five years. The growth is backed up by impressive job creation, with solar employment expanding last year 17 times faster than the total U.S. economy.
All of this means there may now be a business case for Big Oil to diversify into cleaner forms of energy, if for no other reason than to protect its own future.
"The growth opportunities in renewables cannot be ignored," Wood Mackenzie wrote, adding that "renewables pose a threat to legacy oil and gas operations."
Of course, it would take a very long time before renewable energy can make up a meaningful portion of energy companies' total production. And the timing for future demand for oil is notoriously difficult to predict.
Still, it is clear that fossil fuel investments no longer look as alluring as they once did. Oil and natural gas prices remain depressed due to serious gluts, forcing large energy companies to postpone long-term and expensive projects like deepwater drilling.
Part of the problem is that governments have begun to crack down on carbon emissions amid heightened awareness about global warming. While the U.S. decided to withdraw from the Paris climate accord, most nations and many business leaders remain committed to the goal of boosting cleaner energy.
Related: Solar jobs growing 17 times faster than U.S. economy
That's why Wood Mackenzie has begun forecasting a "carbon constrained" scenario where oil demand peaks before 2030 and "enters a slow decline" as investor sentiment towards carbon "hardens."
In that pessimistic scenario for fossil fuels, the firm estimates that solar and wind power could make up nearly one-quarter of the global power market by 2035. In this scenario, Wood Mackenzie says renewable energy could generate nearly three times more revenue by 2035 than all of U.S. shale.
Big Oil does seem to be listening. Many energy companies have shifted towards natural gas, which is seen as a cleaner fossil fuel.
European oil companies are moving more aggressively into renewables, with Norway's Statoil (STO) investing in offshore wind and France's Total acquiring solar companies.
If Wood Mackenzi's predictions are true, much more will need to be done soon if oil companies want to ensure they aren't left behind in a cleaner energy world.
- See more at: http://money.cnn.com/2017/06/15/investing/solar-renewable-energy-big-oil/index.html#sthash.xEMDprHr.dpuf
Due to the world oil glut, prices fell again this ... (show quote)


Windmills are among the worst possible ways of getting so called renewable energy. They operate at about 18 percent efficiency and actually use outside energy while becalmed. Such becalming occurs when it is needed most, August for instance. They kill birds at a prodigious rate. and do not spare protected species. They require quite a lot of maintenance , and if scheduled maintenance is during bad weather , well, it just has to wait until the weather clears and there may be terrible damage , even loss of, the windmill should a vital component fail as a result. They require other generation facilities to make up for the inefficiencies so just don't build the darned things. Rather miniature and very small nuclear power facilities can produce all the electric power we need and require refueling every decade or more. Reliable, safe, clean , efficient and long life. What more do you want?

Reply
Jun 21, 2017 19:17:31   #
Morgan
 
JFlorio wrote:
Obama failed. China will always outpace us in solar panel production because they don't have an EPA. Government does not create new futures. Government hinders the future. If you hate big oil as much as you whine about close down your internet, never use anything with plastics, live in a tent, crap in the woods and bury it, No more driving or flying for you. If you do this you will no longer be a hypocritical whiner.


Ohhh what a great comeback post, what originality, who's a hypocrite, isn't the right all about accountability and responsibility, sure until they have to spend a buck out of profits to do the right thing and take care of the mess they leave behind. Why don't you go down to the gulf and have a big plate of shrimp, I'm sure it's fine by now

Reply
Jun 21, 2017 19:24:18   #
JFlorio Loc: Seminole Florida
 
Typical. No answer joke.
Morgan wrote:
Ohhh what a great comeback post, what originality, who's a hypocrite, isn't the right all about accountability and responsibility, sure until they have to spend a buck out of profits to do the right thing and take care of the mess they leave behind. Why don't you go down to the gulf and have a big plate of shrimp, I'm sure it's fine by now
Ohhh what a great comeback post, what originality,... (show quote)

Reply
Jun 21, 2017 19:25:11   #
Super Dave Loc: Realville, USA
 
padremike wrote:
Who makes the most money from a gallon of gas the government or the oil companies?

Who makes the most from a solar panel? Cell phone? Carrot?

Which one is most necessary for America's economy?

Reply
 
 
Jun 21, 2017 19:27:54   #
Morgan
 
peter11937 wrote:
Windmills are among the worst possible ways of getting so called renewable energy. They operate at about 18 percent efficiency and actually use outside energy while becalmed. Such becalming occurs when it is needed most, August for instance. They kill birds at a prodigious rate. and do not spare protected species. They require quite a lot of maintenance , and if scheduled maintenance is during bad weather , well, it just has to wait until the weather clears and there may be terrible damage , even loss of, the windmill should a vital component fail as a result. They require other generation facilities to make up for the inefficiencies so just don't build the darned things. Rather miniature and very small nuclear power facilities can produce all the electric power we need and require refueling every decade or more. Reliable, safe, clean , efficient and long life. What more do you want?
Windmills are among the worst possible ways of get... (show quote)




Depends on where for reliability, Just came from Orkney Island is Scotland which runs it's electric at a surplus a population of about 10,000.There are plenty of windy places in the US. What we really need to do is move people out of the desert, they are a complete drain of our resources.

Reply
Jun 21, 2017 19:28:52   #
Morgan
 
JFlorio wrote:
Typical. No answer joke.


Answer... you never wanted an answer

Reply
Jun 21, 2017 20:50:42   #
padremike Loc: Phenix City, Al
 
permafrost wrote:
Padremike,

You are a strange person... can not decide if you are simply putting my on or truly the clueless dirtbag you present..

Once upon a time, I felt clean coal would work and all would be super..

But the coal industry itself did not want it and chose other wise in 1991..


Probably 35 years ago I was a guest to accompany a US Senator and others dignitaries to a coal fired power plant on the North Platte River at Glenrock, Wyoming. I was living in Casper at the time. The power plant had recently invested in scrubbers on their smokestacks that hugely reduced pollution. The coal the plant burned was strip mined on their property within view of the power plant. Once a strip was mined the land was reclaimed and replanted with native grass. As we drove around the property one could observe herds of antelope feeding on the reclaimed land. At the warm water discharge from the power plant back into the river the fish congregated, especially in winter, and there were an abundance of Bald Eagles feeding on the fish. I am confident that technology has improved in the past 35 years and clean coal is still a necessary source of cheap energy regardless of what you environuts believe. You lack common sense and balance.

Reply
Jun 22, 2017 06:54:28   #
jim keris
 
If you had to buy a Tesla for what it really cost to produce people would be surprised

Reply
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