Cake
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    • Instead of giving in to the gloom, I try to look for reasons to be hopeful.

      For example, Australian energy grid operator recently came out with a report that said that it would be more profitable to switch half the counrty's supply to renewables. Today. Without any cost reductions that are certainly coming in the years ahead.

      In other news, one of the biggest European insurance companies announced that it will no longer insure coal power plants. No newly built coal power plant, anywhere in the world will ever be profitable.

      The US government may be captured by fossil fuel industry right now, but their power is diminishing steadily. They will certainly do a lot of damage on the way down, and no doubt the history will judge them harshly, but I have faith that if nothing else, market forces will crush them.