Are Wind and Solar up for the challenge?
The Unpopular Blog Share this blog Subscribe to Blog Nr. 12 Are Wind and Solar up for the challenge? A summary of the energy-economic fundamentals of wind and solar to generate ‘grid-compatible’ electricity Dr. Lars Schernikau Linkedin Instagram Youtube Twitter PDF Download Beitrag auf Deutsch Content Transition or addition? At the core of electricity supply […]
Hydrogen… what more can we wish for?
The Unpopular Blog Share this blog Subscribe to Blog Nr. 11 Hydrogen… what more can we wish for? Dr. Lars Schernikau Linkedin Instagram Youtube Twitter PDF Download Beitrag auf Deutsch Content A brief history of hydrogen Why is carbon important for H2? How to make H2 and what powers H2 storage? What about money and safety?… […]
Electric vehicles part 2
Did you know, “Electrified Transport” is the single biggest investment envisioned for “NetZero”? Bloomberg New Energy Finance BNEF reported in May 2024 that we need to invest on average annually US$ 4.4 Tln in EVs from 2024 until 2050, or cumulatively US$ 120 Tln to reach “NetZero”! No wonder this is a “wanted” industry to be in… definitely worth to explore, don’t you think?
The Dilemma of Pricing CO2
CO2 pricing aims to internalize the external costs of CO2 emissions, thereby encouraging businesses and individuals to reduce their “carbon footprint”.
The concept is straightforward: by assigning a cost to CO2 emissions, it becomes financially advantageous to emit less CO2. However, this simplistic view overlooks significant complexities and unintended consequences.
Our entire existence is based on taking things from nature (“renewable” or not), so the “Net-Zero” discussion ignores a fundamental requirement of our survival. I agree that it should be our aim to reduce the environmental footprint as much as possible but only as long as our lives, health, and wealth don’t deteriorate as a result.
Now, I am sure, some readers and many “activists” may disagree, which I respect but find unrealistic at a global level. However, I would assume that most agree that no-one’s life ought to be harmed or shortened for the sake of reducing the environmental impact made. Otherwise, there is little room for a conversation