fossil fuels

“While I think it's possible that the purest viewpoint, the climate hipster viewpoint ends up being the right one in, in the very long run, it's possible we do move towards a zero fossil fuels, zero natural gas as a portion of primary energy supply. I think it'…”

“When you split an atom, you're releasing almost fifty million times more energy than when you're doing sort of a combustion reaction with like, you know, a fossil fuel.”

“If they had divested from fossil fuels in 2012, they would have had 2.7 billion more dollars. In that fund. It would have been about an additional 4100 dollars per pensioneer for that.”

“And so BlackRock, for example, has hundreds of ESG funds. A lot of them invest you in fossil fuels, an industry which fundamentally cannot exist in a world where we have solved climate change.”

“At the beginning of this week, BP, which is probably the most notable as going, not as British petroleum, but beyond petroleum, they came out and said, yeah, we're actually just going to focus more on fossil fuels. Given what happened in twenty-twenty-two.”

“In practice, because this is mostly fossil stuff, I think that ends up looking a lot like lifespan extension or some way to keep using fossil fuels into a decarbonized future.”

“Material, especially like the lipids and fats are kind of the same energy density as fossil fuels, which is really incredible.”

“Well, I've been known to say that the energy transition is at least to a first order, basically a transition from fossil fuels to metals and minerals.”

“I mean, if you look at most studies, there is an advantage, you know, probably somewhere in the 25 to 40% carbon intensity benefit range relative to fossil fuel.”

“If you just look at the numbers and you look at how many vessels are on the water today which is 65,000, and how 80% of them are going to be still on fossil fuel by twenty-thirty, and probably about 30% in twenty-fifty, they need to decarbonize as well.”

“Fossil fuels or conventional fuels are a hedge on reliability, ultimately, that they provide reliability benefits to a system that has become more reliant on, ah, intermittent sources of electricity, but clean energy systems or renewables are a hedge on geopol…”