Anas Alhajji: As COP28 is being held in Dubai with the oil industry participating in such events for the first time, the oil industry wasted no time making its case. We decided to repost this article for everyone to read.
EOA’S MAIN TAKEAWAYS
1. Data indicates that future demand for oil and gas is UNDERESTIMATED, while demand destruction is HYPED.
2. Global energy demand is increasing, making decarbonization more difficult to achieve, and the process of replacing fossil fuels slower.
3. Despite massive spending on renewables in the last two decades, fossil fuels remain the dominant source of energy in the world, even in Europe.
4. Coal remains the dominant source of electricity in India and China.
5. Oil is rarely used in power generation in the OECD, China, and India. Doubling or tripling solar and wind energy sources will have a very limited impact on oil demand. However, the failure of renewable energy, and consequent power shortages, will have a significant impact on oil demand.
6. As LNG prices reached a record high in 2022, oil use in power generation increased. The level of substitution among various energy sources last year was unprecedented.
I was just reading an article about Hillary showing up and making some nonsense speech about the growing number of climate related deaths in Central Africa. I found that confusing since the death rate in Africa has been lowering each year for a number of decades…including 2022.
She, also, stated that climate related deaths effect females more than males due to inequity or something.
You know what these climate summits need? Hecklers. I’d watch that.
I think they need a neutron bomb!
More people have died from doing business with the Clinton’s than climate change
Killary is probably confused, they’re not climate related deaths, they’re Moslem terrorist related deaths that are increasing.
She’s just dumb and got her talking points wrong.
I think the climate change hysteria has peaked. Voters are now experiencing the actual costs of “fighting” climate change, which ended up being far more expensive than the theoretical cost promised by politicians, and voters realize the real costs are making them much poorer. Struggling to pay for heat, food, shelter and transportation fuel has a way of clarifying the climate change debate. Not the end but the beginning of the end.
Reports and research like above that tells the other side of the story, helps people feel better about their new found skepticism.
I am modestly optimistic that the tide may be turning..
It might be too much to ask for the current “anointed” to learn the proper less of King Canute
Canadian voters are at the point where they can not afford to be as naive and trusting as they were in 2015. The Conservative government warned Canadians that if they voted for the Liberals, the carbon tax and other climate change policies would create financial problems for Canadian workers and families. It’ll be difficult work to get Canada back on track after the mess the Trudeau Liberal government has made of everything they touched.
geeebow needs to be committed.monomania.
no no. not climate change. climate crisis
If you are wondering whether the trends in Canada are any different given the Dear Leader’s fanatical commitment to ever-rising carbon taxes, the answer is a clear “No”.
“Primary energy production in Canada increased 3.9% in 2022 to 22 616 petajoules. This followed a 4.5% increase in 2021.
Crude oil (49.2%) accounted for the largest proportion of primary energy production in Canada in 2022, followed by natural gas (32.8%), primary electricity (8.2%), total coal (5.3%) and gas plant natural gas liquids (4.3%).
THIS WAS THE 13TH CONSECUTIVE YEAR IN WHICH CRUDE OIL ACCOUNTED FOR THE LARGEST SHARE OF PRIMARY ENERGY PRODUCTION.”
https://www150.statcan.gc.ca/n1/daily-quotidien/231120/dq231120c-eng.htm
There is a simple problem. Living standard is tied to energy use. Increase energy use, increase the standard of living. The third world wants what the first world has. So more energy. Forget about oil versus renewables. How do we increase the energy supply? The oil people say oil. The “other” people are strangely silent. Because they know there is going to be a drastic drop in energy availability if coal, oil and gas are removed. Some say it’s on purpose. Others think they’re just stupid. I’m on the fence.
Sultan Al Jaber has already walked it back. Too bad.
Everything Old is New Again dept.
Double, double, oil and trouble,
Fire burn and climate bubble
(apologies to Bill)
Has it ever been proven that our CO2 output affects the climate? I’ve been waiting on that proof since the mid 2000s. Some definitive information that disproves all the cloud stuff, orbit stuff, after we reached a certain level of CO2 adding more makes no difference stuff, energy absorption spectrum graphs showing CO2 has a negligible impact due to H2O stuff, extra greening consumes the excess CO2 stuff, methane stuff… etc.
Are alternative theories not explored?
Or do we just assume man’s use of carbon based fuels causes the temperature to rise because politicians say so?
William Happer, Richard Lindzen and many others give a good explanation and basic summation of CO2’s role in climate. Basically, man made CO2 causes global warming; but in such a minor fashion that it’s effect is unmeasurable. For every unit increase in temp requires a doubling of CO2 concentration. (something that’s been known since the 1930s I believe)
https://youtu.be/CA1zUW4uOSw
I agree with you. Here’s the thing. You write, “Basically, man made CO2 causes global warming; but in such a minor fashion that it’s effect is unmeasurable. ”
Science is about things that are measured. If it cannot be measured, it does not exist. This is the key problem with AGW. The only evidence trotted out are a lot of speculative models. No actual observable evidence.
Observable evidence? What’s that?
In a related story … colleges no longer use SAT scores for college admissions. That’s white peoples nonsense … observing evidence and whatnot. In contemporary science … we tell stories.
You live in California, so this is hardly surprising behaviour as California like British Columbia, Oregon and Washington is the land of the fruits and the nuts. (Why are you still living there?)
But the world of real science and technology, as opposed to the demented fantasies of the so-called social sciences, depends on observable data and evidence to function. When they don’t, something like a Boeing 737 Max hits the ground.
Like the Natives/Siberians?first Grifters with their written history….. Oh wait!
“But you know, I actually gave them some real advice. I said that if you actually say it louder, we’ve learned in the House of Commons, if you repeat it, if you say it louder, if that is your talking point, people will totally believe it,” Liberal Minister of Environment and Climate Change, Catherine The Great (at a bar in NFLD) (in vino veritas)
“You can fool some of the people, some of the time; and usually that’s good enough.” Some Schlep on the internet, Johnboy
1. Colder countries are importing people from warmer countries as fast as they can. Call it a frenzied pace. Cold countries are going to need heating energy supply to increase to meet this demand.
2. Colder countries are attempting to reduce the production of heating energy or constrain its supply.
Happiness certainly does not fit in.
Meanwhile back in reality, I just keep on investing in oil companies, i guess I’m just stupid, but my bank balance says otherwise.
“Fossil” fuels will keep man alive until they are all gone.