@@Cspacecat If the trope you're selling is that he's paid by "big oil" to say what he says (untrue) ... then what's in it for Peter Theil to be such a fanboy of Alex?
@@Avidcomp There is a reason Epstein's think-tank does not disclose its funding. Epstein has received payment from fossil fuel companies for consulting services for certain. The biggest misconception Epstein is pushing is we hate fossil fuels. I drive an F150, a Kawasaki Ninja 1000, and a Ford Fusion Hybrid Plugin. All operate on fossil fuels. But technologies are advancing at an incredible rate. Within 10 years, technology will have advanced to the point I'd be stupid to own an ICE vehicle.
@@Avidcomp Perhaps Peter Theil is a contrarian, a person who opposes or rejects popular opinion. Alexs's opinion does oppose the general view of the effects that global warming will have on our tiny little world.
The working definition seems to be "meted-out gradually". By that definition, seawater uranium is a "renewable" resource, since it is meted-out gradually by rivers eroding mountains.
@@aliendroneservices6621 😂🤣 It means to me that someone else wants to control my life. They want me to be poorer, naked and hungry. To die a miserable death of cold. I just don't understand how anyone can claim to be an engineer and not see the absolute failure points of solar and wind. Look I know there are serious issues with hydrocarbon fuels. But just waving away their benefits without a working system of replacement seems murderous to me. To advocate a transition to that essentially untested system in an unnecessarily short time just doesn't seem rational. Don't claim to be an engineer and advocate wind!
@@wtucker4773Use whatever definition you like. By any definition which would allow wind and solar to qualify as "renewable", seawater uranium would *_also_* qualify as "renewable".
Alex disagrees with government subsidies in general, but he should tell Rita to leave that particular argument out of these segments. Its a difficult position to defend without time to talk about the details, as fossil fuels are also heavily subsidies, currently.
@@CspacecatRegardless of subsidies renewables (wind and solar) are unreliable and require fossil fuel backup, so are technically and economically inferior to fossil fuels. And are totally useless for the 80% of energy use that is not electricity. And unnecessary since there is no climate “crisis.”
@@Cspacecat When left wing institutions talk about fossil fuel "subsidies," what they actually mean is that fossil fuel companies aren't paying for damage done by natural disasters. If you read any report about fossil fuel "subsidies," you will see that they claim that hurricanes/floods will do $7 trillion in damage each year, and the fossil fuel industry won't pay for any damages, which means that they are being "subsidized." In terms of actual subsidies, which is when the government gives a company taxpayer money, the fossil fuel industry doesn't receive any. Here in Australia, our coal companies can pay 40% royalties on top of 30% corporate taxes, meaning an effective tax of 70%, which then gets used to subsidize solar/wind. Similarly, other countries such as the UK will have a 70% tax on offshore oil.
The reason renewables have been successful in Australia is 1) They are cheaper to produce, 2) they don't kill anyone with their byproducts, and 3) the waste is easily managed. As EV prices continue to drop, the price of gasoline will also continue to drop due to overproduction. Increasing sales pushed the total number of electric cars on the world's roads to 26 million, up 60% relative to 2021, with BEVs accounting for over 70% of total annual growth, as in previous years. As a result, about 70% of the global stock of electric cars in 2022 were BEVs. About 2.9 million new plug-in hybrid electric cars were sold worldwide in 2022. Plug-in hybrid electric vehicle (PHEV) sales accounted for around 28.4 percent of electric vehicle sales in 2022. But this is not the real story. 18 million electric bicycles, tricycles, and unicycles were sold in 2023 saving 1 million barrels of oil per day, primarily in Southeast Asia. In the US, unicycles will become a major force due to their cost and versatility. A 70mph unicycle has a handle and can be walked around in a store being used as a cart since it contains a gyroscope. They can be "parked" inside any restaurant by your feet while you eat. A high-powered unicycle can beat any automobile across town. They are now coming into play on the coasts and will become mainstream in the next 10 years. Alex Epstein should have gotten a Masters Degree in Electrical engineering. That way he would have known WTF he was talking about.
@Cspacecat "...[wind and solar] have been successful in Australia..." Let's check with the IEA: *_Total energy supply (TES) by source, Australia 2022:_* Coal: 1,900 PJ (33%) Oil: 1,800 PJ (32%) Natural gas: 1,500 PJ (26%) Wind, solar, etc.: 250 PJ (4.4%) Biofuels and waste (proxies for fossil-fuels): 190 PJ (3.3%) Hydro: 57 PJ (1%) Total: 5,700 PJ (100%) Australia is over 90% fossil-fueled. Yet, you are calling that a "success" for wind-and-solar in Australia.
@@aliendroneservices6621 In 2022, 32% of Australia’s total electricity generation was from renewable energy sources, including solar (14%), wind (11%), and hydro (6%)123. This share of renewables in total electricity generation was the highest on record, surpassing the earlier 2021-22 financial year by 1 percentage point. The historical peak of renewables’ share of total generation was 26% in the mid-1960s as the Snowy Mountains hydroelectric scheme came progressively online. Notably, solar and wind have been the primary drivers in more than doubling renewable generation expansion over the last decade. Small-scale solar generation grew 18% in 2022, and by an average of 22% per year since 2015. Wind generation also saw significant growth, increasing 11% in 2022 and averaging 14% per year since 2015. Meanwhile, hydropower output has fluctuated according to rainfall and market conditions, losing predominance as generation sources diversified. Recently, large-scale solar generation has begun rapid expansion, growing from negligible levels before 2016 to 5% of all Australian electricity generation in 2022, representing a remarkable five-year growth rate of 1,573%
