Quote:
Originally Posted by milomilo
You can ignore me, but that's no matter as my criticism of your posts isn't for you, it's for others. I think most regular posters know you are full of shit, but it's important that it gets pointed out such that your spreading of falsehoods is in bad faith.
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I appreciate you calling out his bad faith nonsense, but don't let him get under your skin. They are starting to feel the pressure as their narrative loses traction so The trolling is getting more intense.
We're at the point where even the CPC has agreed to putting a price on carbon. The plan may be boneheaded, but they've acceded the principle.
We're at the point where technologies that could legitimately impact oil demand are starting to mature and go mainstream. And we're starting to understand that cutting emissions and fossil fuel use doesn't have to mean giving up a thing. Plenty that can be done to cut fossil fuel demand while improving our quality of life.
And we're at the point where the finance and insurance sector has decided they aren't going to be passive participants anymore.
And just like they love to bring up the red herring of Canada being 2% of emissions, it's equally relevant that Canada can't change the global narrative either.
I don't know whether we'll cut enough to get to whatever target in 2030 or 2050. But looking at the tech and trends, I'm willing to bet money that we'll see peak oil demand sometime in the next 10-15 years. They can fight it all they want. The war room can put out whataboutism press releases whining about Saudi and Russian oil. But the countdown is on. And when that day comes where secular peak oil demand is confirmed to be behind us, the dollars will go with it and the conversation will be very different.
There's a reason why jawagord will only post about "skeptic" movies and never something like this:
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Oil producers could face a potentially catastrophic Brent oil price of US$10 per barrel if countries around the world move to limit global warming to 2 degrees Celsius, according to a new study from Wood Mackenzie.
The study released Thursday represents one of the most aggressive forecasts of falling oil demand published by a major energy consultancy. It predicts that global oil demand will begin to fall as early as 2023 in a scenario where countries adopt accelerated energy transition plans.
Under this scenario, oil demand would drop from 100 million barrels per day currently to about 35 million bpd by 2050, which is roughly 70 per cent below today’s levels. As a result, Wood Mackenzie predicts the global Brent oil benchmark may drop to an average between US$10 per barrel and US$18 per barrel by 2050.
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https://financialpost.com/commoditie...4d958be84/amp/
That article was before this week's climate summit and pledges....