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First, leading democracies should agree to end the underpricing of fossil fuels, which is the principal factor preventing a clean energy transition.
originally posted by: Thrumbo
a reply to: SleeperHasAwakened
Well, this is what google tells me:
How many years of oil is left in the world?
about 47 years
The world has proven reserves equivalent to 46.6 times its annual consumption levels. This means it has about 47 years of oil left (at current consumption levels and excluding unproven reserves).
www.worldometers.info...
According to the MAHB, the world's oil reserves will run out by 2052, natural gas by 2060 and coal by 2090. The U.S. Energy Information Association said in 2019 that the United States has enough natural gas to last 84 years. Nov 11, 2021
www.mytwintiers.com...
You're saying everyone's estimates are wrong and basically propaganda? I'm no one to tell you that you're wrong, I don't know much about the topic (see references). I'm a lame sheeple, I feed off of google search.
They said that 40 years ago too.
originally posted by: Thrumbo
At the current rate of consumption, the world's oil supply (literally the estimated amount of oil in planet earth) will be exhausted in 40 years.
I think that's a pretty good reason to ween off of oil, regardless of where anyone stands politically and regardless of clean energy being a liberal "agenda".
originally posted by: Asktheanimals
"Clean" energy is an oxymoron, like mostly peaceful riots.
Poop comes in the color green too.
Beautiful post. The one thing I find alarming about the whole thing is that I believe there are very smart ppl who aren’t looking to profit or manipulate others that genuinely believe this nonsense. California/Florida were supposed to be underwater 20 years ago. This doom porn has been ongoing since the 70’s ffs. Wake-up ppl.
originally posted by: SleeperHasAwakened
originally posted by: Thrumbo
At the current rate of consumption, the world's oil supply (literally the estimated amount of oil in planet earth) will be exhausted in 40 years.
I think that's a pretty good reason to ween off of oil, regardless of where anyone stands politically and regardless of clean energy being a liberal "agenda".
Yes, yes, "peak oil".
A theory devised by a rogue researcher, in 1998, that claimed that world oil reserves would reach maximum levels in 2004-2005, and then start an irreversible descent.
20 years ago, in 1998, Scientific American published a paper by Colin J. Campbell and Jean H. Laherrère titled “The End of Cheap Oil” [1], starting a debate on oil depletion continuing to the present day. It was the return of a viewpoint on oil depletion which had been proposed more than 40 years before by Marion King Hubbert [2] and, in later years, largely forgotten. In their paper, Campbell and Laherrère updated Hubbert’s model with new reserve estimates and proposed that the world’s crude oil production would peak around 2004–2005, and then start an irreversible decline. Shortly afterward, Colin Campbell proposed the term “peak oil” for the highest global oil production level. The term was to become popular over the following decade, generating a true movement of ideas sometimes called the “peak oil movement.” Today, these predictions turn out to have been only partially correct, mainly because the role of “non-conventional” oil was underestimated. The peak oil movement seems to have faded away, while the concept seems to have disappeared from the debate and to be commonly described has having been “wrong.”
Yes, "peak oil", another failed prediction akin to the "rising sea level!" scare, that predicted parts of the East Coast U.S. should already have been submerged by now (looking out my window 2 miles from Long Island Sound.....not seeing any waves or ripples, or in fact, any water)
It would behoove people to start really, and I mean REALLY, scrutinizing the work of academics who specialize in doom porn, that is used and abused as a cudgel to manipulate human behavior.
You are getting duped friend. Unscrupulous people are cherry picking research (i.e. predictive modeling and theories) that in many cases, turns out to be wrong, and they are using that as fodder for changing what you buy, where you reside, how you live. Wake up, it's not too late, and you're on the correct forum to help this awakening along.
There’s never been a president in office that could make a difference, or even wanted to. They don’t make it that far if they give a # about the ppl. They are elected to push an agenda and it ain’t ours. You have the illusion choice and that’s all it has ever been.
originally posted by: burntheships
This is a problem for the U.S. due to the corrupt man in the office
there in the White House. If he really cared about Americans he
would tell the WEF where to get off.
Yet millions of Americans every morning wait in line burning gas to buy a 7 dollar coffee from Starbucks, go out to eat for lunch then drive home to retrieve their countless & useless purchases from Amazon off their front porches.
originally posted by: TonyS
Yea, you read that correctly. The WEF has now declared that in order to preserve "Democracy" Fuel and energy prices should be higher. It's a complicated read and somewhat disingenuous in its presentation but basically they are calling for an end to any and all tax credits for oil, gas and coal production along with higher taxes. This isn't new; basically this is the same idea as "right" pricing fossil fuels based upon their carbon content.
www.weforum.org...
First, leading democracies should agree to end the underpricing of fossil fuels, which is the principal factor preventing a clean energy transition. The underpricing associated with producing and burning coal, oil and gas amounted to $5.9 trillion in economic costs in 2020. Nearly a quarter of these losses – $1.45 trillion – occurred in 48 major and smaller democracies.
The leading democracies of the G20 should collectively commit to phasing out cost and tax breaks for the production and consumption of fossil fuels. They should also phase in more efficient pricing of fossil fuels through taxes or tradable permits to cover the costs of local air pollution, global warming, and other economic damages.
There are 3 more provisions you can read about at the link, all of which would severely increase the price of fossil fuels across the board. They justify this with this statement.
By delaying a clean energy transition, leading democracies are making their economies more vulnerable through continued reliance on fossil fuels. Collectively acting to foster a green transition is not only good for the climate but also critical for protecting democracy.
A key point in this of course is that fossil fuels are presently "underpriced". Of course, US consumers are presently paying the "market" price for these fuels. Apparently the "market price" is too low for the WEF.
My question is, how long, weeks, days, months, before we see the Biden administration take regulatory behavior to comply with this WEF edict? How about an Executive Order?
originally posted by: TonyS
They should also phase in more efficient pricing of fossil fuels through taxes or tradable permits to cover the costs of local air pollution, global warming, and other economic damages.
originally posted by: Thrumbo
At the current rate of consumption, the world's oil supply (literally the estimated amount of oil in planet earth) will be exhausted in 40 years.
I think that's a pretty good reason to ween off of oil, regardless of where anyone stands politically and regardless of clean energy being a liberal "agenda".
originally posted by: karl 12
a reply to: TonyS
Don't think the WEF give a toss about democracy Tony.
That's why they themselves are 'unelected' and 'unaccountable'.
For what it's worth there's an old VHS video here where the WEF is being discussed in relation to 'the controlled demolition of first world economies'.
The WEF has now declared that in order to preserve "Democracy" Fuel and energy prices should be higher.