david robertsA new brief from @[email protected] arguing: "It is increasingly clear that global fossil fuel demand reached a peak in 2019 and we are now bumping along a plateau before the inevitable decline sets in." https://www.dropbox.com/s/gf1oq793mps8l5r/Global%20peak%20fossil%20fuel%20demand%20final%2011.pdf?dl=0
Renewables supplied 85% of growth in primary energy demand in 2019; soon it will be 100%. "Annual supply growth of solar & wind is 5 EJ, rising to around 16 EJ by 2030; annual total energy demand growth will average around 6 EJ this decade before falling back in the next decade."
Meanwhile, the basic tech building blocks of a clean-energy grid are all on S-curves, rapidly declining in price, as I covered on a recent pod. https://www.volts.wtf/p/learning-curves-will-lead-to-extremely#details
Learning curves will lead to extremely cheap clean energy
A newly published research paper out of Oxford suggests that a rapid energy transition will not "cost" anything -- it will save nearly a trillion dollars relative to the no-transition case. And the faster we move, the more money we save. I talk with complex-systems scientist and co-author Doyne Farmer about his optimistic projections.
Athanasius@drvolts glad to learn of your podcast, David. Just subbed in Apple Podcasts.