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#fossilfuel

5 posts5 participants0 posts today

“Oil companies are no longer growth plays.”
That’s not alarmism. It’s the new market reality.

Mark Campanale of Carbon Tracker, shares blunt evidence #FossilFuel giants are shrinking quietly. Not because they want to. Because the future is moving on without them.

“They're not replacing reserves. They're paying out cash. And they're not valued for growth” Clean energy is simpler, cheaper, & faster. You no longer need to move fuel halfway around the world. Just plug in youtube.com/watch?v=9bBjfK6ehO

Rough road to “energy dominance” after GOP kneecaps wind and solar
#Congress has taken decisive action to advance President Trump’s energy dominance agenda,” said American #Petroleum Institute Pres & CEO Mike Sommers
Despite claims from Republican officials and #fossilfuel industry that megabill will help secure energy dominance, some experts worry legislation’s cuts to #wind & #solar actually undermine those goals when #electricity demand is rising.
arstechnica.com/science/2025/0
#OneBigBeautifulBill

Image of windmills towering over solar farms.
Ars Technica · Rough road to “energy dominance” after GOP kneecaps wind and solarBy Inside Climate News

I've been reading the #nonfiction #book "Falter" by noted #envieonmentalist activist Bill McKibben and there is so much to unpack from this. It was written during #Trump 's first reign of terror and focuses on how the #fossilfuel industry and the #politicians they own have purposefully prevented people from stopping #climatechange due to the infiltration of the sociopathic philosophy of #Russia 's Ayn Rand into the fabric of our society. Amazing stuff.

Replied in thread

@Snoro certainly the #ALP in Australia don’t show any sign to limit #FossilFuel growth but if we now have a UK example then maybe… The underlying issue is that the political class sees Australia as a #PetroState and that our economy is dependent upon fossil fuels. It’s the line pushed heavily disguised by the fossil barons.
#auspol

There's an NGO in #Indonesia that has been happy to speak with me about #Japan or #WorldBank funding for #coal or #fossilfuel projects. 🏭

But when I reached out to them about #China's funding, they ignored my message and then apologized for being "too busy last week" - but I had time and asked if we can do an interview that week or next. They proceeded to do the same thing again! 🤯

Working on another Japan-Indonesia story & bet they'll be responsive, but they've lost my trust.

“There simply isn’t enough land available for the level of afforestation that would be needed to offset #FossilFuel-related emissions” says Rich Collett-White at UK energy analysts Carbon Tracker. “Pursuing anywhere near that level of afforestation risks increasing food prices" newscientist.com/article/24850

New Scientist · Offsetting global fossil fuel stores by planting trees is impossibleBy Madeleine Cuff

I think it’s pretty notable that Greta Thunberg has openly blamed capitalism for the climate crisis we’re in.

She argues that the current system, driven by fossil fuel interests, colonialism, imperialism, and exploitation, is fundamentally responsible for environmental destruction and social injustice.

While she has been a prominent figure for several years, her media presence has fluctuated. Recently, she has received renewed attention, particularly after high-profile events like the flotilla incident, which brought her back into the headlines and media focus.

So yes, Greta is definitely back in the spotlight, and the media seems to be paying close attention again. LMAO!

Continued thread

“More people will die,” said Cory Zigler, a professor of biostatistics at Brown who has studied #air #pollution #deaths from #coal-fired #PowerPlants. “More of this type of pollution that we know kills people will be in the air.”

…Virtually all the benefits from the rules come from restricting the burning of coal, #oil & natural #gas. The #FossilFuel industry was a heavy contributor to #Trump’s campaign & #Republicans overall.

It was a little strange talking with some of the #Australia focused climate/energy groups for this @thejapantimes story.

They really wanted to focus on #Japan, and not #China - despite the latter being the main driver of #LNG growth and the country signing the most long-term deals with #Australian #fossilfuel companies.

And since I published the article, only the #Aussies haven't responded or shared the piece.

japantimes.co.jp/environment/2

The Japan Times · China is eroding Japan's LNG dominance. How does that affect Japanese buyers?By Nithin Coca