NewEnergyNews: $40 TRILLION AND SLAVERY TO OLD MASTERS

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE DAY BEFORE

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Climate Change Gourmet
  • FRIDAY WORLD HEADLINE-UK Study Says Yes To Solar-Powered Electric Trains
  • FRIDAY WORLD HEADLINE-First Aussie Ocean Wind Project Gets $8BIL Funding
  • FRIDAY WORLD HEADLINE-EU Solar Goes Digital To Open New Services
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, December 7:

  • TTTA Thursday-City Mayors Unite To Fight Climate Change
  • TTTA Thursday-New Energy And Big Oil Unite Against Subsidies For Coal And Nuclear
  • TTTA Thursday-California Would Sell Only EVs After 2040
  • TTTA Thursday-Utilities In A Time Of Solar
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: California Grid Users Collaborate to Streamline Communication Systems
  • ORIGINAL REPORTING: How To Get The Big Benefits Of Grid-Integrated Water Heaters
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, December 12:

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy

    Friday, June 06, 2014

    $40 TRILLION AND SLAVERY TO OLD MASTERS

    Energy Supply Requires $40 Trillion Investment to 2035, IEA Says

    Grant Smith, June 2, 2014 (Bloomberg BusinessWeek)

    “Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said…More than half of that amount will be needed to compensate for declining output at mature oil and gas fields, and the remainder on finding new supplies to meet rising demand…The world will increasingly rely on countries that restrict foreign companies’ access to their oil reserves, as North American shale output tails off from the middle of next decade, it predicted…restoring the importance of supplies from the Middle East and the Organization of Petroleum Exporting Countries…Spending on extracting oil and gas worldwide will climb by 25 percent to $850 billion a year by 2035, with most of this concentrated in natural gas…Global markets will tighten if investments in the resource-rich Middle East are too slow, pushing oil prices $15 a barrel higher on average in 2025…Brent futures averaged $108.70 a barrel last year…About half of the $40 trillion spent on energy through to 2035 will be on extraction, refining and transporting fossil fuels…” click here for more

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