Below is an interesting piece from Richard North. He observes that net zero targets are not being met due to public resistance. This is going to lead to a dilemma. Will they try to force costly change and risk even more unpopularity, or will they abandon the targets and push them further ahead?
I disagree with your premise that Net Zero isn't practical. I'm seeing it the other way around. The only practical thing is net zero. One of my favorite areas is batteries. With China's lead on batteries, the world is going to be mostly buying into what they have to sell. The economics of net zero will decrease the need for FFs simply because renewable energy will be so much better.
ReplyDeleteMichael Barnard
is a climate futurist, strategist and author. He spends his time projecting scenarios for decarbonization 40-80 years into the future. He assists multi-billion dollar investment funds and firms, executives, Boards and startups to pick wisely today.
https://cleantechnica.com/2024/12/24/what-are-the-implications-of-66-kwh-battery-packs-in-china/
The Power Construction Corporation of China drew 76 bidders for its tender of 16 GWh of lithium iron phosphate (LFP) battery energy storage systems (BESS), according to reports. Bids averaged $66.3/kWh, with 60 bids under $68.4/kWh. The tender, covering supply, system design, installation guidance, 20-year maintenance, and safety features, targets systems to be built in 2025-2026.