Last week the SEC released their draft rules for carbon disclosures. The net effect will be to require nearly every company to disclose CO2 impacts across their supply chains. If you don’t have time to read 500 page rule here’s a quick summary of the winners and losers
You may be correct but you missed two variables in your equation 1-you must compare RE + intermittency solution to FF and 2-you must add the inflation from govt intervention which appears inevitable (see health care, housing, higher ed or any other market govt is central player)
“‘reliability chicken’ means you try to get away with as few reliable power plants as possible. And hope that the unreliables work all the time or when you want”
With @oredigger99
“snow used to be a terror. That used to be a climate harm. Now, it's a climate benefit that people can make a fortune from. So the more we have mastery over climate, the less we have of any climate problem.”
With @oredigger99
Was a pleasure to share the stage with @AlexEpstein at our inaugural #fossilfueled celebration a few weeks ago. No one makes a more coherent and consistent argument for why what we do is virtuous
“the North Face ridiculously refused to make branded jackets for oil and gas companies. Even though oil and gas is literally the physical basis of their product.”
With @oredigger99
Fossil Fueled panel = great insights. Memorable: "it isn't discipline when the business model is working" (on capex discipline); capitalism vs. altruism (on ESG) and "no better place to put money in the world than in the ground in the Permian" @Shadfrazier@K33pFracing@KVanthof
Please join us on April 18th in Midland TX to celebrate the Oil and Gas Industry. Thanks to @pickeringenergy@KVanthof@Shadfrazier and @K33pFracing for kicking off the event exploring a variety of important across the Industry.
Please Join Innovex and 30+ great sponsors on April 18th in Midland TX for a first of it's kind celebration of the Fossil Fuel Industry. Part Educational, Part Entertainment and profits from the events benefit Oil Patch Kids
We’ve celebrated our “diversity” so much that we forgot all the ways we’re really the same as Americans, bound by ideals that united a divided, headstrong group of people 250 years ago. I believe deep in my bones those ideals still exist. I’m running for President to revive them.
If insanity is defined as doing the same thing over and over, expecting a
different result, we have to stop being insane in our approach to fixing the environment and try something new.
Let’s start the new year and the new Congress off on the right foot. Let’s end lobbying as we know it. Let’s padlock the revolving door. And let’s ban members of Congress and their spouses from owning or trading individual stocks.
Reject Net Zero, Embrace Energy Freedom
"Net zero by 2050" policies would be apocalyptically destructive if fully implemented and *have already been catastrophically destructive* when barely implemented.
They should be totally rejected in favor of energy freedom policies.
🧵👇
Relentless discovery of new resources and new technologies by our industry has enabled the prosperity of billions of humans.
If the industry will not defend itself than who will? #fossilfueled
The Oil and Gas Industry is under attack by those who don't understand the unique benefit of the products we provide. There is no other energy source as dense, reliable, portable, cost effective and abundant. Before O&G the vast majority of humans lived short brutal lives.
@AndrewDessler AGW probably impacting it but drought has been a part of the Colorado River Basin for a long long time as shown by historical water flow data going back to 800AD. Below chart is from CU Boulder/NOAA. According to them the drought in late 1800's was longer and more severe
@AndrewDessler Yes IPCC says Hurricanes will likely become stronger in the future but have we seen evidence to date? ACE and # of Days of Cat 3+ Hurricanes seem flatish over last 40 years.