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Alas Poor Erinaceus@lemmy.ml to Green - An environmentalist community @lemmy.mlEnglish · 7 days ago

‘The damage is done’: global oil crisis has changed fossil fuel industry for ever, IEA chief says

www.theguardian.com

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58
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‘The damage is done’: global oil crisis has changed fossil fuel industry for ever, IEA chief says

www.theguardian.com

Alas Poor Erinaceus@lemmy.ml to Green - An environmentalist community @lemmy.mlEnglish · 7 days ago
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  • cross-posted to:
  • world@lemmy.world
  • climate@slrpnk.net
  • europe@feddit.org
  • energy@slrpnk.net
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  • news@hexbear.net
Exclusive: International Energy Agency’s Fatih Birol, the world’s leading energy economist, also says UK should largely forgo North Sea expansion
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  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    5 days ago

    Trump just casually solving the climate crisis here.

  • Athena5898@lemmy.ml
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    6 days ago

    Oh hey it’s the thing ive been saying. This guy is stealing my material! /joking

  • Pissed@lemmy.ml
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    7 days ago

    It took millions of people dying and a genocide for this to happen 🤦‍♂️ I really don’t understand people.

    • Diplomjodler@lemmy.world
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      7 days ago

      The answer is money.

      • Pissed@lemmy.ml
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        7 days ago

        I know 😔 I still find it hard to believe that people can be so short sighted and selfish.

  • PowerCrazy@lemmy.ml
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    7 days ago

    So what is the downside of this? It seems like a net-positive. Decreased demand for fossil fuels is great! It’s a shame it took a bunch of death and destruction, but now that it has happened, the silver-lining is quite shiny.

    • racoon@lemmy.ml
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      7 days ago

      Decreased demand for fossil fuels means lower GDP. “The GDP of a nation is its fossil fuels usage” : Jancovici

      Energy use and economic output are interconnected. Wealthier countries typically have higher energy consumption per person, contributing to their higher GDP per capita.

      • ParlimentOfDoom@piefed.zip
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        2 days ago

        As with all rules of thumb, they don’t tell the whole story. Using fossil fuel usage as the sole stand in for energy usage, in an age when fossil fuel usage is being replaced by a different source… Is dumb.

        • racoon@lemmy.ml
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          22 hours ago

          Dumb is pretending it’s possible to move heavy machinery with a different source

          • ParlimentOfDoom@piefed.zip
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            21 hours ago

            Hydraulics already work off electricity. We already have electric cargo ships. Electric planes and semi trucks already exist. The percentage of machines that absolutely require fossil fuels at this point is shrinking rapidly.

            Using an outdated metric continues to be dumb, regardless of your own limited awareness of the alternatives.

      • corsicanguppy@lemmy.ca
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        6 days ago

        lower GDP

        What America may need to grok is that GDP is not the same as happiness, and in a choice between the two GDP seems to be irrelevant.

      • PowerCrazy@lemmy.ml
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        7 days ago

        If only there were a way to generate near unlimited amounts of energy without fossil fuels.

      • queermunist she/her@lemmy.ml
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        6 days ago

        This is why China is pursuing electrification. If transportation is battery powered, oil decouples from GDP.

        They seem to be the only country on Earth that is actually taking this seriously. Everyone else seems to think oil is forever.

      • eskimofry@lemmy.world
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        7 days ago

        The entire concept of GDP is going to be the end of humans

        • Pissed@lemmy.ml
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          6 days ago

          It was just implemented wrong, if you read the original paper military spending was meant to count against a countries GDP, if the US had actually used GDP in the way the original authors described they would of probably had negative growth for years now.

      • agent_nycto@lemmy.world
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        7 days ago

        Pardon my ignorance but… So what? Like, what if somecountry isn’t winning the economic dick waggling competition?

        • racoon@lemmy.ml
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          5 days ago

          Less food

          • ParlimentOfDoom@piefed.zip
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            2 days ago

            That number is not actually representative of how much food they produce, though.

            • racoon@lemmy.ml
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              23 hours ago

              I meant “food for consumption”

              • ParlimentOfDoom@piefed.zip
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                21 hours ago

                Still not represented by GDP

                • racoon@lemmy.ml
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                  11 hours ago

                  Less GDP -> more famines

  • Jules 🍺@mastodon.me.uk
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    7 days ago

    @zdhzm2pgp great!

  • usernameunnecessary@lemmy.zip
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    7 days ago

    Good

  • Hanrahan@slrpnk.net
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    7 days ago

    notice he made an assessment on getting more pil for the North Sea as a useless idea, meanwhile down in dumb fuck Australia

    https://reneweconomy.com.au/ill-sign-you-drill-state-puts-oil-and-gas-project-on-fast-track-one-day-after-calling-in-another-big-battery/

    https://www.brisbanetimes.com.au/national/queensland/brisbane-diesel-refinery-receives-25-million-boost-from-lnp-20260422-p5zq0v.html

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