Fossil Fuels Aren’t Going Away Anytime Soon

Fossil Fuels Aren’t Going Away Anytime Soon

Calls for the end of all investments in new oil and gas production, protests demanding the immediate suspension of oil production, and denunciatory reports from environmental NGOs slamming banks for still financing fossil fuels have become fixtures of today’s life in the West. But fossil fuels are going nowhere, at least in the observable future. … Read more

Outdated Energy Grid Poses Existential Threat To The Renewable Revolution

Outdated Energy Grid Poses Existential Threat To The Renewable Revolution

Wind and solar energy in Texas are increasing rapidly and could soon replace coal pretty entirely, Fortune reported last month. There is only one catch, the article said: the grid isn’t ready for so much renewable energy. A similar message came from the solar industry association recently. Developers were ready to start work on the … Read more

Environmentalists Are Crushing Europe’s Energy Independence Ambitions

Environmentalists Are Crushing Europe’s Energy Independence Ambitions

Europe is not going to achieve a competitive energy transition with the current interventionist policies. Europe does not depend on Russian gas due to a coincidence, but because of a chain of mistaken policies: banning nuclear in Germany, prohibiting the development of domestic natural gas resources throughout the European Union, added to a massive and … Read more

The Energy Transition Will Transform Geopolitics

The Energy Transition Will Transform Geopolitics

The development of the renewable energy sector will bring a vast array of new energy sources being created across different world markets. Traditional oil-rich countries may no longer dominate the global energy industry, as different states choose to invest in green power based on their geographical strengths. With new trade partners being established and greater … Read more