“’We fundamentally have to transform our economy in ways that are unimaginable to people who are over 40,’ Tomlinson said. ‘We have to cooperate, innovate and compromise, and most of all, we have to set aside our pride.’”
“[Tomlinson] said there is an unwillingness of pastors of all faiths to address climate change, knowing that many of their parishioners are involved in or invested in oil and gas.”
The Houston Chronicle business editorialist, Chris Tomlinson, is angry, impatient, and closed-minded when it comes to all things climate. A bona fide climate alarmist, he bullies the oil and gas industry to stop what they are doing. He wants Texans to stop eating meat to help save the planet. And he personally tells me in emails that I am not considered for his columns because I am critical about him (so be it).…
Continue Reading“Physical and economic realities must not only be considered but controlling. Wishing and hoping for change is not a successful business strategy, and the past few years have awakened BP management to that reality.”
“Leaning in” is a phrase BP plc CEO Bernard Looney likes to use to describe how his company is embracing the energy transition. BP is transitioning from an “international oil company” to an “international energy company,” according to Looney. This means more renewable energy and less oil and gas. Looney invoked “leaning in” in February 2020 when he introduced new strategic aims for BP to reach “net zero carbon emissions on an absolute basis by 2050 or sooner.”
The Plan
In Looney’s presentation, “Reimagining energy, reinventing BP,” he said BP needed to reinvent itself as a clean-energy producer because climate change demanded it. …
Continue Reading“Since 2000, the world has spent more than $5 trillion on green energy. More than 300,000 wind turbines have been erected, millions of solar arrays were installed, more than 25 million electric vehicles (EVs) have been sold, hundreds of thousands of acres of forest were cut down to produce biomass fuel, and about three percent of agricultural land is now used to produce biofuel for vehicles.”
We are in the midst of history’s greatest wealth transfer. Government subsidized wind systems, solar arrays, and electric vehicles overwhelmingly benefit the wealthy members of society and rich nations. The poor and middle class pay for green energy programs with higher taxes and higher electricity and energy costs. Developing nations suffer environmental damage to deliver mined materials needed for renewables in rich nations.
Since 2000, the world has spent more than $5 trillion on green energy.…
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