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Daily Dose: May 23, 2019
Congress Gets Schooled on the Economics of Carbon
Senior officials from 75 companies representing $2.5 trillion in YoY revenues and 750,000 US employees visited the Hill to "educate" lawmakers to support a carbon tax, 45Q carbon capture subsidies, and carbon pricing. Companies that participated include: Shell, BP, Johnson & Johnson, LinkedIn, eBay, CapitalOne, PepsiCo, Tesla, PG&E, EDF Renewables, Microsoft....
Congress Gets Schooled on the Economics of Carbon
Senior officials from 75 companies representing $2.5 trillion in YoY revenues and 750,000 US employees visited the Hill to "educate" lawmakers to support a carbon tax, 45Q carbon capture subsidies, and carbon pricing. Companies that participated include: Shell, BP, Johnson & Johnson, LinkedIn, eBay, CapitalOne, PepsiCo, Tesla, PG&E, EDF Renewables, Microsoft....
Daily Dose: May 22, 2019
Methane Removal and Reversing Climate Change
Methane – about 60% of which is generated by humans – is now at an atmospheric concentration level that is two and a half times greater than pre-industrial levels. Although the amount of carbon dioxide in the atmosphere is much greater, methane is 84 times more potent in terms of warming the climate system over the first 20 years after its release. Most scenarios for stabilizing average global temperatures depend on strategies for both reducing the overall amount of carbon dioxide entering the atmosphere and removing what’s already in the atmosphere. However, removing other greenhouse gases, such as methane, could provide a complementary approach. Researchers are currently testing zeolite, a crystalline material acts like a sponge that soaks up methane. AES provides access to the peer reviewed research.
Methane Removal and Reversing Climate Change
Methane – about 60% of which is generated by humans – is now at an atmospheric concentration level that is two and a half times greater than pre-industrial levels. Although the amount of carbon dioxide in the atmosphere is much greater, methane is 84 times more potent in terms of warming the climate system over the first 20 years after its release. Most scenarios for stabilizing average global temperatures depend on strategies for both reducing the overall amount of carbon dioxide entering the atmosphere and removing what’s already in the atmosphere. However, removing other greenhouse gases, such as methane, could provide a complementary approach. Researchers are currently testing zeolite, a crystalline material acts like a sponge that soaks up methane. AES provides access to the peer reviewed research.
Breaking News:
Baltimore paralyzed by cyber attack.
Anonymous hackers breached the city of Baltimore's servers two weeks ago. Since then, those servers' digital content has been locked away — and the online aspects of running the city are at an impasse. Government emails are down, payments to city departments can't be made online and real estate transactions can't be processed. Hackers demanded 13 bitcoins — worth about $100,000 today — to relinquish their grip.
Daily Dose: May 21, 2019
Special AES Report: The Rise and Fall of Smart-Cities
Special AES Report: The Rise and Fall of Smart-Cities
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The movement toward smarter-cities has hit a wall. Hackers took down a county government in California, a city in Maine lost control of all its data, New York state’s capital, Albany, admitted that hackers had crippled the city’s technology operations, and Baltimore was hit by a successful ransomware attack that held the city's data hostage. Cities around the world were supposed to be moving into a dazzling smarter future that moved quicker and more efficiently. But there have been 21 attacks on municipal governments so far this year. The smart-city sector is slowing down. AES provides access to a comprehensive report that catalogs all cyberattacks on the public sector.
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Retrospective: The first recorded cyber-attack happened in 1989; PC Cyborg, also known as the AIDS Trojan because it targeted AIDS researchers, was clunky and required mailing a physical check to an address in Panama.
Many common household cleaning products contain volatile organic compounds (VOC's), which easily become vapors or gases. They are known to trigger asthma in some people and can also cause headaches and allergic reactions. When those compounds are used at home, they can accumulate on surfaces. When cleaning products are rinsed or washed down the drain, the chemicals they contain, including things like benzene and formaldehyde, ultimately end up in lakes, rivers and landfills. AES provides access to a list of products that contain VOC's.
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Special AES Report
Executive Summary: New Frontiers in Fossil-Tech
and,
A Compendium of Anecdotal Responses to the Fossil-Tech Survey
Executive Summary: New Frontiers in Fossil-Tech
and,
A Compendium of Anecdotal Responses to the Fossil-Tech Survey
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It seems the world has gone tech-crazy, believing that every challenge has a technological solution. FinTech. AgTech. HealthTech. WaterTech. And, of course, CleanTech. What about Fossil-Tech? Whether you love or hate the sector, it’s clear that the world has an insatiable demand for more energy, and the fossil-fuels (oil, gas, coal) provide an energy density that satisfies this demand: |
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Oil
The fossil fuels sector is massive and it is constantly innovating just like CleanTech. Powerful new technologies have upgraded or overtaken old processes, improved efficiencies, and created new opportunities barely imaginable a few decades ago.
To better understand the next-generation of Fossil-Tech, the American Energy Society conducted a comprehensive survey of experts and Members. This issue of Energy Today provides an Executive Summary of that survey as well as a compendium of anecdotal responses.
A detailed survey report is forthcoming.
- Worldwide oil consumption increased by 600 million barrels last year.
- Americans bought about 360,000 electric vehicles, an 80% increase over 2017, and the most in history. But US consumers bought more than 17,000,000 new gas and diesel vehicles, also the most in history.
- Meanwhile, global consumers purchased almost 80 million new petroleum-powered vehicles last year, compared to one million electric vehicles.
- Gas production and consumption in the US was at a record level in 2017 (about 82 billion cubic feet per day), and then that record was surpassed by 12% in 2018. And that record will probably be shattered again in 2019.
- Global demand for natural gas is forecast to increase an average of 2% each and every year for the next 20 years.
- Coal still provides about one-third of all electricity in the US.
- There are an estimated 1.1 trillion tons of proven coal reserves worldwide, which is enough to last around 150 years at current rates of production.
The fossil fuels sector is massive and it is constantly innovating just like CleanTech. Powerful new technologies have upgraded or overtaken old processes, improved efficiencies, and created new opportunities barely imaginable a few decades ago.
To better understand the next-generation of Fossil-Tech, the American Energy Society conducted a comprehensive survey of experts and Members. This issue of Energy Today provides an Executive Summary of that survey as well as a compendium of anecdotal responses.
A detailed survey report is forthcoming.
In case you missed it, the Daily Dose from the week of May 6:
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The fastest warming cities in the US
(By temperature change from 1970 to 2018, in Fahrenheit).
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