-
Banks Unwilling To Finance $5 Trillion Global Nuclear Development
https://oilprice.com/Alternative-Energy/Nuclear-Power/Banks-Unwilling-To-Finance-5-Trillion-Global-Nuclear-Development.html “The project risks, as we have seen in reality, seem to be very high,” said European Investment Bank Vice President Thomas Ostros, adding that countries need to focus more on renewables and energy efficiency. Ines Rocha, a director at the European Bank of Reconstruction and Development, and Fernando Cubillos, a banker at the Development…
-
Thinking about the future
When thinking about the future, the following facts have to be taken into account: The climate is changing and will continue to do so. Fossil fuels and derivatives will become increasingly expensive and unaffordable. The UK economy is shrinking and will continue to do so indefinitely. As a result: Prosperity is declining. Discretionary spending and…
-
We Need a Plan for the Transition to Renewable Energy
By David Fridley, Richard Heinberg, originally published by Independent Media Institute March 15, 2024 Radical societal transformation is inevitable; a plan could make a difference between catastrophe and progress. Introduction The transition to renewable energy is inevitable given the current climate crisis and the fact that fossil fuels are a finite resource. To make the…
