Tag Archives: oil and gas

The Coming Energy Abundance!?

As a new analyst you are the first to see the reports hit your desk. The executive summary says:

Our analysis shows that 100% clean electricity from the combination of solar, wind, and batteries (SWB) is both physically possible and economically affordable across the entire continental United States as well as the overwhelming majority of other populated regions of the world by 2030.

Adoption of SWB is growing exponentially worldwide and disruption is now inevitable because by 2030 they will offer the cheapest electricity option for most regions.

Coal, gas, and nuclear power assets will become stranded during the 2020s, and no new investment in these technologies is rational from this point forward.

https://www.rethinkx.com/energy-reports

Quick! Time to sell all coal, oil and gas equities and uranium.

Or is it. Critique these reports.

Next week, I will post my thoughts.