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> You're using a black swan event (russian invasion of ukraine) like it's a baseline of what to expect in the future, ignoring that the world has invested more

> You're using a black swan event (russian invasion of ukraine) like it's a baseline of what to expect in the future, ignoring that the world has invested more money into renewables this year than ever before No I'm not. Coal went to record highs almost a year before Ukraine was invaded and before any disruption to fossil fuel exports from the region, and many many years after renewables were said to have killed it. Do you really not remember? Stranded assets? Coal is not price competitive at $50/tonne? > The world is definitely moving on from coal and gas and I reckon this coal crisis will be the last, I expect to see a lot more articles like this coming up around the world: Not moving on, as record production and demand shows. Will one day in the future move on and won't move back, hopefully according to experts and random internet commentators who said it was definitely dead 10 years ago -- is not going to cut it for climate change though. We obviously need more baskets to put the eggs into. > South Australia’s remarkable 100 per cent renewables run extends to over 10 days One tiny state with almost unlimited solar and wind resources in one small country? That's great. Doesn't change the fact that we've run out of time waiting for wind and solar and they've still barely cracked 10% globally yet. That's it's also hilariously weasel worded -- obviously that state is still burning a lot of gas to generate electricity. Strange why they don't feel they can be honest and up front with the public, why are they still trying to fool people about those things? Doesn't really lend a lot of credibility or confidence to what they're selling.

ikt 4y ago
> you really not remember? https://tradingeconomics.com/commodity/coal https://tradingeconomics.com/commodity/coal Looks like a black swan to me, prices steady and trending downwards over the previous 20 years until Covid/Russian invasion which resulted in insane Euro demand > Not moving on, as record production and demand shows. https://opennem.org.au/energy/sa1/?range=all&interval=1M https://opennem.org.au/energy/sa1/?range=all&interval=1M We can see that renewables are soaking up a lot of the increase in demand, for example you can see South Australia go from coal and gas making up 100% of supply 10 years ago to just gas making up 16% and with the installation of new batteries and hydrolisers in the next few years to drop even further. It just so happens that SA went hard on renewables because they had some of the most expensive power in the world. I'm sorry that it's not impressive to you. :( You can also see my home state of Queensland: https://opennem.org.au/energy/qld1/?range=all&interval=1M https://opennem.org.au/energy/qld1/?range=all&interval=1M Increases in power demand are being met by renewables and it's now taking a bite out of fossil fuels with the largest ever investments by a long shot this year. I've never seen so much money thrown at an issue. They are also all connected to an Australian grid which connects SA, VIC, NSW, QLD and TAS together, so when for example SA has excess cheap renewable power it can export it to another state reducing their power costs and thus their fossil fuel usage. > obviously that state is still burning a lot of gas to generate electricity. Yes but the point is that it has gone down significantly over the last 10 years and this is happening all over the world. We'll also soon be helping power Singapore: https://www.abc.net.au/news/2020-07-30/nt-sun-cables-australia-project-awarded-major-project-status/12506516 https://www.abc.net.au/news/2020-07-30/nt-sun-cables-austral... > is not going to cut it for climate change though. At the end of the day if China/India/Vietnam and Indonesia seek to continue to build coal power plants then that's on them and I will continue to push against buying things made in those countries. Is coal dead? no definitely not, will renewables have replaced significant amounts of coal in the next 20 years, I'd bet the house.

ikt 4y ago

> you really not remember? https://tradingeconomics.com/commodity/coal https://tradingeconomics.com/commodity/coal Looks like a black swan to me, prices steady and trending downwards over the previous 20 years until Covid/Russian invasion which resulted in insane Euro demand > Not moving on, as record production and demand shows. https://opennem.org.au/energy/sa1/?range=all&interval=1M https://opennem.org.au/energy/sa1/?range=all&interval=1M We can see that renewables are soaking up a lot of the increase in demand, for example you can see South Australia go from coal and gas making up 100% of supply 10 years ago to just gas making up 16% and with the installation of new batteries and hydrolisers in the next few years to drop even further. It just so happens that SA went hard on renewables because they had some of the most expensive power in the world. I'm sorry that it's not impressive to you. :( You can also see my home state of Queensland: https://opennem.org.au/energy/qld1/?range=all&interval=1M https://opennem.org.au/energy/qld1/?range=all&interval=1M Increases in power demand are being met by renewables and it's now taking a bite out of fossil fuels with the largest ever investments by a long shot this year. I've never seen so much money thrown at an issue. They are also all connected to an Australian grid which connects SA, VIC, NSW, QLD and TAS together, so when for example SA has excess cheap renewable power it can export it to another state reducing their power costs and thus their fossil fuel usage. > obviously that state is still burning a lot of gas to generate electricity. Yes but the point is that it has gone down significantly over the last 10 years and this is happening all over the world. We'll also soon be helping power Singapore: https://www.abc.net.au/news/2020-07-30/nt-sun-cables-australia-project-awarded-major-project-status/12506516 https://www.abc.net.au/news/2020-07-30/nt-sun-cables-austral... > is not going to cut it for climate change though. At the end of the day if China/India/Vietnam and Indonesia seek to continue to build coal power plants then that's on them and I will continue to push against buying things made in those countries. Is coal dead? no definitely not, will renewables have replaced significant amounts of coal in the next 20 years, I'd bet the house.