Earlier quoted context omitted.
Here is what you get some days with solar and wind: https://i.imgur.com/m2snJgg.png . Germany using a lot of standard gas and coal generators.
That doesn't really answer the point, which was that new solar and wind tend to be cheaper than new nuclear as of 2019.
Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
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Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#62Earlier quoted context omitted.
Nuclear power seems to be considered too powerful to trust in the hands of many nations, making it kind of a non starter globally. My understanding is that with any type of nuclear plant, in a non trustworthy country, it would still be dependent on importing the fuel from a nuclear state, making it quite unappealing and a security risk for the purchasing state.
I kinda wish there was a NASA equivalent for nuclear that would be given 10s of billions of dollars per year to R&D safer, next gen nuclear power plants. The organization could build/run those plants around the world in order to provide less developed countries with power while preventing proliferation.
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#63Or create sequestration systems so the net is that? Or would the numbers change?
Trees. You're talking about trees.
We cut down trees and burned fuels. Planting trees only undoes one of those two.
This kind of facile response radically underestimates the magnitude of what we have to reverse.
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#64I searched for 'nuclear' on that page, and found no mention of the word at all. Whatever you might think of nuclear energy, I don't think such a drastic energy cut is even possible to implement without it. (After all, I see little point in cutting CO2 emissions in the US if people in other countries emit an amount equivalent to whatever gets cut here.)
Just to add to the two very insightful replies you've already got, yes, nuclear power could have been a great contributor on the fight against Global Warming, 30 years ago. And yes, it is a shame that "environmentalist" movements made so much noise that they ensured we took the most harmful possible path. Those movements should be shamed, and very loudly so because they still didn't give up on fighting improvements a…
You made the case for why you don't think nuclear can do any good (because it's too late), but what's the case for harm?
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#65I think it should be somewhat obvious that it will be impossible for us to avoid the absolute worst of global warming. Humans simply don't have the capability to act in the coordinated, political way that is necessary. Somehow holding out hope that we'll all come to our senses and things will change is like holding out hope that we'll never have any wars again. It is just not compatible with human nature. I'd love it…
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#66I don't understand why globalism rarely, if ever, factors into the debate. It boggles my mind that if I walk down to the drug store to buy a toothbrush that toothbrush was likely made in a Chinese factory, shipped across the Pacific ocean in a diesel-spewing container ship, and then driven a good thousand miles in an 18-wheeler. It seems like a tremendous waste of energy for something that could be made locally for c…
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#67Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#68I don't understand why globalism rarely, if ever, factors into the debate. It boggles my mind that if I walk down to the drug store to buy a toothbrush that toothbrush was likely made in a Chinese factory, shipped across the Pacific ocean in a diesel-spewing container ship, and then driven a good thousand miles in an 18-wheeler. It seems like a tremendous waste of energy for something that could be made locally for c…
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#69I don't understand why globalism rarely, if ever, factors into the debate. It boggles my mind that if I walk down to the drug store to buy a toothbrush that toothbrush was likely made in a Chinese factory, shipped across the Pacific ocean in a diesel-spewing container ship, and then driven a good thousand miles in an 18-wheeler. It seems like a tremendous waste of energy for something that could be made locally for c…
Re: Cut global emissions by 7.6% per year for next decade to meet 1.5°C Paris target
#70I think it should be somewhat obvious that it will be impossible for us to avoid the absolute worst of global warming. Humans simply don't have the capability to act in the coordinated, political way that is necessary. Somehow holding out hope that we'll all come to our senses and things will change is like holding out hope that we'll never have any wars again. It is just not compatible with human nature. I'd love it…
So how should an investor prepare today to the inevitable consequences of climate change?