NewEnergyNews: The Bargain In New Energy

NewEnergyNews

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

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Global 2022 New Energy Bets to Grow 8% to $2.4 Trillion
  • FRIDAY WORLD HEADLINE-World’s Planned Offshore Wind Doubled in 2021
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT WEDNESDAY, June 29:

  • ORIGINAL REPORTING: New York’s Path To The Energy Transition
  • Net Zero Emissions Will Not Come Easy
  • THE DAY BEFORE THE DAY BEFORE

  • Monday Study: Cyber Security For The U.S. Power System
  • THE DAY BEFORE THAT

  • Weekend Video: The Most Under-Appreciated, Overlooked New Energy
  • Weekend Video: Stress On The U.S. Power System
  • Weekend Video: The Ocean’s Unseen Climate Crisis Fight
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-Global New Energy Demand To Meet, Old Energy Subsidies To Beat
  • FRIDAY WORLD HEADLINE-Global Energy Efficiency Push Gains Momentum
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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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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, July 2-3:
  • Rule Against This, Supreme Court
  • Forget The Supreme Court, The Climate Crisis Fight Continues
  • An Answer To The Energy, Climate, And Geopolitical Crises

    Friday, October 01, 2021

    The Bargain In New Energy

    The Renewable Revolution Could Save The World $26 Trillion

    Harley Zaremba,September 28, 2021 (OilPrice via Yahoo News)

    “…Rapid decarbonization not only wouldn’t break the bank -- it would save the world a whopping $26 trillion in energy costs over the coming decades, in addition to allowing the global community to meet the climate targets set by the Paris agreement and saving untold numbers of lives from deaths related to air pollution resulting from combusting fossil fuels…This model contrasts greatly with the common thinking that decarbonizing the global economy will be hugely expensive thanks to the number of infrastructure inversions and hefty subsidies…

    …[Three University of Oxford professors argue Wright’s Law and Moore’s Law suggest] that as technology improves, costs lower exponentially…[and have proven true] for wind and solar, which are already outgrowing their government subsidies and becoming competitive with fossil fuels. Wright’s Law applies to a sort of manufacturing learning curve. The more we produce renewable energy, the better we get at it, and the more efficient and inexpensive it becomes…

    …[F]ossil fuels have failed to follow the curves of Moore’s law and Wright’s Law…[and global subsidies around the world are] $447 billion worldwide for fossil fuels, as compared to just $128 billion for renewables…The United States has been slow, compared to other developed countries, to accept this reality and lean into climate change adaptation and mitigation, but the Biden administration has made catching up a central component of its platform…” click here for more

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