Research on the impacts of human activity on the environment and climate has been overwhelmingly alarming lately. However, a lot of what this research says goes counter to factual data. Brendan Long, oil and gas equity analyst and the author of Fire, a book I strongly recommend, told me why this is and why we are in for some difficult times. Unlike me, however, Brendan is an optimist for the long term. Watch the video to learn why. Even I couldn’t argue with him on the reasons.
Love his attitude - yes we are smart enough to fix this, we are survivors - we just have to make enough people aware of the issues. The authoritarianism of the ESG movement will implode, in the end the western attitude will just not put up with it once people waken up. (I'm banking on people not being too lazy, but hit them in the wallet and they will respond!) We can have cleaner oil and gas, even develop better solar in the right places, just not yet on that subject! Thank you for all your efforts Irina on getting the word out and giving us a great resource to inform others
Excellent video. Interesting he correctly states that 90.4% of our primary energy supply is combustion fuels, that's IEA data. And it has remained at that level ever since the big push for wind & solar began. So over $4 trillion spent on wind & solar has not changed the % of combustion fuels. This in spite of the improved efficiency of transportation, more efficient power generation i.e. CCGT and supercritical coal. So wind & solar have already proven to be a total loser and what do our world leaders in virtually every country on Earth do? They double down and demand we continue on the same failed path. And please do not use the "N" word. That is unwelcome.
A very interesting fact. British Petroleum runs a big energy information center. And for primary energy supply BP multiplies wind & solar by 2.5X their true value to make them look less bad. At the same time it divides nuclear by 1.2X to make it look less good. So in this fraudulent manner they get combustion fuels @ 84.2% of total World Primary energy for 2020. Curious how an oil & gas company has a desire to promote wind & solar while denigrating nuclear. This has been going on since the early 1970's, when Big Oil had a campaign called "Solar NOT Nuclear". Funny isn't it. They consider wind & solar not a threat but nuclear a serious threat.
So that is one thing Brendan Long got completely wrong. There is a viable replacement for combustion fuels. And that is nuclear energy. Just the energy content of the current World's stock of depleted uranium and spent nuclear fuel has a value of $2500 trillion @ an oil price of $100/bbl. Enough to supply total World energy for over 300yrs. If they removed all the roadblocks that were put in place to blockade nuclear power, we could have factories turning out high temperature, compact molten salt and liquid sodium reactors by the tens of thousands. Like these:
Love his attitude - yes we are smart enough to fix this, we are survivors - we just have to make enough people aware of the issues. The authoritarianism of the ESG movement will implode, in the end the western attitude will just not put up with it once people waken up. (I'm banking on people not being too lazy, but hit them in the wallet and they will respond!) We can have cleaner oil and gas, even develop better solar in the right places, just not yet on that subject! Thank you for all your efforts Irina on getting the word out and giving us a great resource to inform others
lol just reading the caption i thought the Brandon Long was like "The Fed Put" or something - going long oil on Brandon's (Biden's) incompetence lol
Excellent video. Interesting he correctly states that 90.4% of our primary energy supply is combustion fuels, that's IEA data. And it has remained at that level ever since the big push for wind & solar began. So over $4 trillion spent on wind & solar has not changed the % of combustion fuels. This in spite of the improved efficiency of transportation, more efficient power generation i.e. CCGT and supercritical coal. So wind & solar have already proven to be a total loser and what do our world leaders in virtually every country on Earth do? They double down and demand we continue on the same failed path. And please do not use the "N" word. That is unwelcome.
A very interesting fact. British Petroleum runs a big energy information center. And for primary energy supply BP multiplies wind & solar by 2.5X their true value to make them look less bad. At the same time it divides nuclear by 1.2X to make it look less good. So in this fraudulent manner they get combustion fuels @ 84.2% of total World Primary energy for 2020. Curious how an oil & gas company has a desire to promote wind & solar while denigrating nuclear. This has been going on since the early 1970's, when Big Oil had a campaign called "Solar NOT Nuclear". Funny isn't it. They consider wind & solar not a threat but nuclear a serious threat.
So that is one thing Brendan Long got completely wrong. There is a viable replacement for combustion fuels. And that is nuclear energy. Just the energy content of the current World's stock of depleted uranium and spent nuclear fuel has a value of $2500 trillion @ an oil price of $100/bbl. Enough to supply total World energy for over 300yrs. If they removed all the roadblocks that were put in place to blockade nuclear power, we could have factories turning out high temperature, compact molten salt and liquid sodium reactors by the tens of thousands. Like these:
https://www.elysiumindustries.com/
https://thorconpower.com/
https://www.moltexenergy.com/
https://www.terrapower.com/our-work/molten-chloride-fast-reactor-technology/
https://natriumpower.com/
https://www.terrestrialenergy.com/technology/advantage/
Fascinating interview, so many interesting topics and ideas. Thank you both for doing this!