By: The Posts Author | Posted on: 7 Feb 22
“What about the Jevons Paradox?” This is a common refrain in environmental discourse. It’s another way of asking, “won’t new technology always just create more problems than it solves?” William Stanley Jevons was an English economist and mathematician who noticed in 1865 that, paradoxically, the consumption of coal actually increased when technological progress improved the efficiency of steam engines. Efficiency lowers costs, which lowers prices, which increases demand. And, sometimes, the increase in demand is so disproportionately large that overall consumption actually grows. This outcome came to be known as the Jevons Effect, or Jevons Paradox. The Jevons Effect
“What about the Jevons Paradox?” This is a common refrain in environmental discourse. It’s another way of asking, “won’t new technology always just create more problems than it solves?” William Stanley Jevons was an English economist and mathematician who noticed in 1865 that, paradoxically, the consumption of coal actually increased when technological progress improved the efficiency of steam engines.
By: The Posts Author | Posted on: 31 Jan 22
The JP Morgan Asset and Wealth Management Annual Energy Paper is one of the most influential publications among global investment and business leaders in the energy sector. But JP Morgan Chase’s 2021 Annual Energy Paper is a deeply flawed piece of work that promotes some serious misinformation about the clean energy transformation, reinforcing the mistaken belief – often promulgated by fossil fuel companies – that it will be slow, expensive and require onerous state intervention. Coming from JP Morgan Chase – the world’s fifth largest bank, and the largest lender to fossil fuel industries – the paper informs the
The JP Morgan Asset and Wealth Management Annual Energy Paper is one of the most influential publications among global investment and business leaders in the energy sector. But JP Morgan Chase’s 2021 Annual Energy Paper is a deeply flawed piece of work that promotes some serious misinformation about the clean energy transformation, reinforcing the mistaken belief – often promulgated
By: The Posts Author | Posted on: 2 Dec 21
We are witnessing the start of the most profound disruption of the energy sector in over a century. Like others throughout history, this disruption is the result of a convergence of several key technologies – namely, solar photovoltaics, onshore wind power, and lithium-ion batteries (SWB). A 100% SWB energy system is possible as soon as 2030 in regions that choose to lead, and because energy accounts for over half of all greenhouse gas emissions, the clean disruption of this sector will be a large part of how we can reduce emissions by 90% by 2035. A common question that arises
We are witnessing the start of the most profound disruption of the energy sector in over a century. Like others throughout history, this disruption is the result of a convergence of several key technologies – namely, solar photovoltaics, onshore wind power, and lithium-ion batteries (SWB). A 100% SWB energy system is possible as soon as 2030 in regions that choose
By: The Posts Author | Posted on: 27 Oct 21
Technology disruptions already underway in the energy, transportation, and food sectors have extraordinary implications for climate change. These three disruptions alone, driven by just eight technologies, can directly eliminate over 90% of net greenhouse gas (GHG) emissions worldwide within 15 years. Our previous research has shown that these disruptions are inevitable. Solar, wind, and batteries (SWB) will disrupt coal, oil, and gas. Autonomous electric vehicles (A-EVs) providing transportation-as-a-service (TaaS) will disrupt internal combustion engines and private vehicle ownership. And precision fermentation and cellular agriculture (PFCA) will disrupt meat, milk, and other animal products. The three disruptions are already unfolding simultaneously,
Technology disruptions already underway in the energy, transportation, and food sectors have extraordinary implications for climate change. These three disruptions alone, driven by just eight technologies, can directly eliminate over 90% of net greenhouse gas (GHG) emissions worldwide within 15 years. Our previous research has shown that these disruptions are inevitable. Solar, wind, and batteries (SWB) will disrupt coal, oil,
By: The Posts Author | Posted on: 21 Oct 21
The United Nations Climate Change Conference, or COP26, is bringing together world leaders to discuss the world’s future action on climate change. At present, the world’s biggest polluters are China, the United States, and India – three enormous countries with large populations and extensive infrastructure built on fossil fuels. In these, and all, countries, it’s often assumed that decarbonization requires painful sacrifices that could damage prosperity. But in reality, it’s the opposite. Greenhouse gas (GHG) mitigation actually offers an unprecedented opportunity for new forms of economic prosperity that regenerate the earth. This is not just an opportunity that every country
The United Nations Climate Change Conference, or COP26, is bringing together world leaders to discuss the world’s future action on climate change. At present, the world’s biggest polluters are China, the United States, and India – three enormous countries with large populations and extensive infrastructure built on fossil fuels. In these, and all, countries, it’s often assumed that decarbonization requires
By: The Posts Author | Posted on: 13 Oct 21
Photo by Zdeněk Macháček on Unsplash Many scientists now believe that the Amazon is close to a tipping point, after which it would become a savanna rather than a rainforest. Instead of pulling greenhouse gases out of the atmosphere, it will start pumping them into the atmosphere, leading so-called flying rivers – bands of moisture in the air that bring rainfall to the continent – to dry up. “As many as 10,000 species may be at risk of dying off,” reported Bloomberg. By 2018, as much as 17% of the Amazon rainforest had already been destroyed. According to Time magazine,
Photo by Zdeněk Macháček on Unsplash Many scientists now believe that the Amazon is close to a tipping point, after which it would become a savanna rather than a rainforest. Instead of pulling greenhouse gases out of the atmosphere, it will start pumping them into the atmosphere, leading so-called flying rivers – bands of moisture in the air that bring
By: The Posts Author | Posted on: 6 Oct 21
It’s often thought that clean energy represents a transition from cheap, abundant fossil fuels to expensive, scarce renewables. In this analysis, we will explore how this fear has it exactly backwards: in reality, the clean energy disruption will usher in a fundamental transformation in the way we produce energy, one that can revolutionalize the specific energy and labour relations that have historically generated episodes of resource scarcity under fossil fuels. In part 1, we saw how the fear that mineral shortages will derail the clean energy disruption is largely unfounded, and that while the risk exists, it can be mitigated
It’s often thought that clean energy represents a transition from cheap, abundant fossil fuels to expensive, scarce renewables. In this analysis, we will explore how this fear has it exactly backwards: in reality, the clean energy disruption will usher in a fundamental transformation in the way we produce energy, one that can revolutionalize the specific energy and labour relations that
By: The Posts Author | Posted on: 4 Oct 21
It’s often believed that the clean energy disruption could be fundamentally constrained by resource scarcity in the form of insurmountable raw materials and mineral bottlenecks. Increasingly, some argue that it entails a net decrease in the energy available to societies, and therefore warn of an unavoidable decline in material prosperity in coming decades. In the following two-part series, we will address some of the most notable perspectives that uphold this mythology. Doing so, we will show that if societies make the right choices – and that’s a big ‘if’ – the clean energy disruption can represent a fundamental break with
It’s often believed that the clean energy disruption could be fundamentally constrained by resource scarcity in the form of insurmountable raw materials and mineral bottlenecks. Increasingly, some argue that it entails a net decrease in the energy available to societies, and therefore warn of an unavoidable decline in material prosperity in coming decades. In the following two-part series, we will
By: The Posts Author | Posted on: 12 Nov 20
Antarctic Sea Ice Melt — 02019 (Source: Maxar) The Ancient Greeks had two different words fortime. The first, chronos, is time as we think of it now: marching forward, ceaselessly creating our past, present, and future. The second, kairos, is time in the opportune sense: the ideal moment to act, as captured by the phrase, “It’s time.” My work, like many other photographers, has been a dedicated search forkairos — finding that ideal confluence of place and time that helps to tell a particular story. For me, that story has focused on the manmade world. In 02013, I launched Daily Overview, which features compositions created
Antarctic Sea Ice Melt — 02019 (Source: Maxar) The Ancient Greeks had two different words fortime. The first, chronos, is time as we think of it now: marching forward, ceaselessly creating our past, present, and future. The second, kairos, is time in the opportune sense: the ideal moment to act, as captured by the phrase, “It’s time.” My work, like many other
By: The Posts Author | Posted on: 12 Nov 20
Antarctic Sea Ice Melt — 02019 (Source: Maxar) The Ancient Greeks had two different words fortime. The first, chronos, is time as we think of it now: marching forward, ceaselessly creating our past, present, and future. The second, kairos, is time in the opportune sense: the ideal moment to act, as captured by the phrase, “It’s time.” My work, like many other photographers, has been a dedicated search forkairos — finding that ideal confluence of place and time that helps to tell a particular story. For me, that story has focused on the manmade world. In 02013, I launched Daily Overview, which features compositions created
Antarctic Sea Ice Melt — 02019 (Source: Maxar) The Ancient Greeks had two different words fortime. The first, chronos, is time as we think of it now: marching forward, ceaselessly creating our past, present, and future. The second, kairos, is time in the opportune sense: the ideal moment to act, as captured by the phrase, “It’s time.” My work, like many other