Global Energy Market: Feasible to quarantine Fossil Fuel Energy?
1. Whether the debility in investment towards oil, gas, coal and low-carbon fuel supply is only ‘a brief tumult’ – resulting from the enforcement of externally induced policies @ global-scale?
OR
Albeit with exorbitant fuel prices, with the net income - for world’s Oil & Gas producers – reaching towards USD 5 Trillion, will the investments on fossil fuels would ever continue to decline either @ regional-scale or @ global-scale - at least for the next couple of decades?
2. Albeit ‘global energy investment’ remains central towards tackling the major current energy crisis such as pushing the globe towards the so called ‘net zero pathway’, while ostensibly stimulating the economic recovery (in terms of renewables, grids & storage accounting for more than 80% of total power sector investment), does it really boot out the gravity on consumers – as the total energy bill paid by the world’s consumers crosses USD 10 Trillion?
3. With world energy investment approaching towards 10%, whether the global energy investments (amounting to nearly USD 3 billion) are really backing the energy projects that remain automatically aligned with the long-term goals?
Or
Are they just tending to address - more towards - the exigent short-term needs?
4. With higher costs - for almost anything and everything on one hand, and with possible ‘cost inflation’ with time on the other hand, will a plot between ‘additional capital investment in the next 5 years’ Vs ‘additional energy supply capacity brought out in the next 5 years’ – would really favor (a) renewable energy; or (b) fossil fuel energy?
Even, if it happens to be renewable energy, would it pave the way towards a more secure future – leaving aside the cleaner aspect?
5. How should we consider the shifting focus of wind-power from on-shore to off-shore? Whether the investments on onshore wind-power gets detached with ‘improved efficiency’?
6. Whether the supply chain issues associated with critical minerals and with the significant shortage of semi-conductors @ global-scale, whether the electrification of mobility (electric vehicles) require a reconsideration (as the most of the EV sales are associated only with China & Europe)?
Or
Should we get convinced with the ‘higher growth rates’ by ignoring the relatively lesser absolute investments?
7. What are we supposed to understand from the relatively smaller investments on clean energy – across much of the developing world (excluding China)?
8. Whether 10 crore people from Asia & Africa (with emerging & developing economies) will be able to afford to pay for their basic energy needs – given this energy transition towards clean energy investment?
Or
Will we be heading towards back to square one – in the absence of any other sustainable developments – than relying ‘fossil fuels’?
The relatively smaller investments in clean energy across much of the developing world (excluding China) indicate that many of these countries may not have the resources to make the necessary investments in clean energy needed to transition away from fossil fuels. This could be due to a lack of access to financing, lack of technological capacity, or other barriers. It is also likely that many of these countries are still heavily reliant on fossil fuels for their energy needs, and may not have the economic or political will to invest in cleaner energy sources. Additionally, there may be issues with the supply chain of critical minerals and semi-conductors needed for renewable energy technologies, which could further limit the ability of these countries to invest in clean energy. As a result, it is likely that the transition away from fossil fuels in the developing world will take much longer than in other countries.
The CO2 "Fear-campaign" is losing all credibility after over 30 years of brainwashing that doom was imminent CO2 continues to rise rapidly and there are no proven detrimental effects but massive costs for abatement. China and India have seen the light: Europe now has almost lost its lights because of belief in an unproven hypothetical relationship between CO2 and temperature- hint, both are time dependent functions.
Once more cryptocurrancies get funneled into green investments this market segment will return to its rightful place at the top of the investment world.
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