The reality is that this the message that sells to Sun readers (& many, many more). So the question is why do so many people think environmentalists are head-banging, paint-chucking, road-blocking, doom-laden, misery merchants? And what do we do about it?
Out of all the nuclear power built in the entire human history, China built more solar power in under a year. The entire human species was unable to build more nuclear power in 100 years than China built as solar power in 300 days. Why would we waste our chances to save our climate?
We don't have LLMDs in the UK. Doctors pass the buck to consultants who, in my case, refused to see me because I'd had the (wrong course) of doxycycline. I have to fly to Ireland to find a specialist who can write prescriptions for antibiotic combination therapy.
Half a trillion dollars by 2050 seems quite low. Total global real estate assets are between $300-$400 trillion. At least 1% (but likely a lot more) will be destroyed within this decade. That’s $3 trillion destroyed by 2029 rather than $0.5 trillion by 2050.
Losers go bust. Winners get rich. It was ever thus.
They’re jumping in now. And also trying to extract the last drop of value from their oil. Often corruptly.
Stranded assets. It’s means the financial collapse of a business or industry, usually because it’s been left behind by new tech. Typewriters, coal fired power stations etc
This isn't about good guys/bad guys. It's driven by money because renewables are increasingly profitable. Solar especially is taking business and investment off the oil majors. Eg: Privately held Natron is investing $1.5b in sodium batteries in California. A big investor in Natron is Chevron.
It isn’t thriving. It’s losing market share, investment and relevance. This process is accelerating. Follow the money. Even oil companies are pouring their money into renewables. I’m sure they’ve thought through the consequences of that.