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  • This is the story about how you were lied to with billions of dollars being spent to confuse you about renewable energy.

  • In fact, the extent of lies has been so drastic that you may not even realize you are currently living through one of the most pivotal moments in modern history.

  • And in order to fully understand what is happening right now, we must go back to the first industrial revolution.

  • The first industrial revolution started in Britain between 17 60 18 20.

  • It was defined as a major economic shift, and, according to economists, that requires three things.

  • One a new way of communicating.

  • In this case, it was the fancy ability to print and use the telegraph to a new transportation mechanism.

  • In this case, it was steam powered locomotives and three a new power source.

  • In this case, it was the burning of coal.

  • Then came the second Industrial Revolution.

  • This time it was happening in America mainly, and it started in 18 72 the early 19 hundreds.

  • The new way of communicating was phones, radio, television.

  • The new transportation mechanism was internal combustion vehicles, and the new power source was cheap boil.

  • But Of course, they were still burning coal.

  • Many people don't want you to know this, but you are, in fact, living through a third industrial revolution.

  • The new way of communicating is the Internet.

  • The new way of getting around is hybrid and electric vehicles on the new power sources solar, wind and nuclear.

  • But since 2016 the top five all companies have spent a billion dollars trying to confuse everybody about these new power sources.

  • And it kind of makes sense because in the last 10 years they made $900 billion of profit.

  • In 2019 they only spent 3% of their $115 billion capital investment in low carbon alternatives.

  • They suggest that a power grid based off of renewables isn't feasible or is too expensive or would hurt the economy.

  • But what if I told you that as of November 2018 everything changed?

  • This is the moment when renewable energies such as wind and solar became cheaper and more efficient than fossil fuels.

  • For example, in 1977 the cost of photovoltaic cells for solar panels was $76.

  • Now it's only 50 cents this is all.

  • While fossil fuel energies have reached their peak efficiency, chemical engineers and scientists agree that fossil fuels have matured with little potential left to exploit, whereas wind and solar continue to become more efficient each year.

  • Sorry, but you old now the sentiments.

  • 470 exit jewels of energy to earth every 88 minutes, which is the amount of energy that all of us combined use in one year.

  • If we grabbed 1 1/100 of the energy that the Sun admits, it would give us six times the energy we now use across the global economy.

  • If wind farms grabbed just 20% of the wind that currently blows, it could power eight times the current global economy.

  • Thes facts are pushing the whole world to shift into the third Industrial Revolution, and if the 1st and 2nd were spearheaded by Britain in America, it seems that the third is being spearheaded by the European Union and China.

  • In 17 2045% of global total investment in renewable energy was from China.

  • China plans to get 62% of their energy from renewable sources in 30 years.

  • Europe, currently gets 18% of electricity from solar and wind.

  • But some specific countries are completely committed to pushing these numbers much further.

  • Germany announced that over the next 20 years they're going to completely phase out cold, and in order to do this, they're going to invest $40 billion in coal cities in order to retrain workers and keep those local economies strong.

  • And Germany has a lot of coal factories.

  • They currently get one third of their energy from coal.

  • They understand that moving away from this energy source is going to be a huge challenge.

  • But they realize it is an important thing to do in order to be a competitive commercial country in the future.

  • On top of this, 18 countries, including China, India, France, the Netherlands and Ireland have announced their intention to phase out the sale and registration of vehicles that are powered by fossil fuels.

  • Over the next decade, the Bank of America projects that 40% of all car sales by 2030 will actually be electric.

  • A big reason for the steep incline in electric car sales is the rapidly declining price of lithium batteries, which cost $1000 per kilowatt hour in 2010 but by the end of 2017 were only $209 per kilowatt hour, a 79% plunge in price in just seven years.

  • The average density of electric vehicle batteries is also improving at a rate of about 5 to 7% each year, according to Bloomberg New Energy Finance.

  • By 2025 electric vehicles will constitute 19% of all passenger vehicle sales in China, 14% in the U and 11% in the US There are still a lot of negative environmental impacts of lithium batteries and with electric cars.

  • If you are charging your car using a grid that is powered by fossil fuels than that electric car becomes a lot less green.

  • This brings us to a big point of contention in these conversations, which these oil companies spend a lot of money to confuse us.

  • Me, you about.

  • And that is how are we going to build a grid that powers our society based on just wind, solar and nuclear?

  • And this part is juicy, juicy, juicy.

  • Oh boy, Oh boy, Oh, boy.

  • Scientists and engineers are very, very shook on this one.

  • One of the most interesting solutions to this grid problem comes down to our very best friend, the Internet, known as the Internet of things.

  • A future smart grid could connect power sources, computing devices and everyday objects in order.

  • All collaborate and work together to become the most efficient power grid possible.

  • The grid becomes incredibly efficient by sharing information and storing energy from wind, solar, hydro and nuclear.

  • A really cool local example of this is wind farms that used smart technology.

  • So when there's hundreds of wind turbines, they're not working on their own.

  • They're actually communicating their suggesting how each individual one is affecting the wind and how they can optimize as a group as opposed to as individuals, to be as efficient as possible.

  • Now imagine this on a way bigger scale on entire countries.

  • Power grid communicating in order to optimize itself in America.

  • New studies show that using the Internet of things grid model to connect renewables can increase energy efficiency by 60% over the next 20 years, and now is the time to do it in America because the continued deterioration of your country's infrastructure could result in $7 trillion lost in sales and jobs by 2025.

  • The American Society of Civil Engineers gave the current public infrastructure of America a D plus when I used to get that mark, my perfectionist, but would cry.

  • The cost of a nervous system that would connect America toe live off of renewables will be complex and expensive.

  • But public opinion polls show that Americans support more federal, state and local funding to improve infrastructure.

  • OK, so how do we pay for this?

  • This is definitely an area of hot debate.

  • I can already hear the tippy cavities of everyone having opinion on this.

  • Okay, that is fine.

  • There is no correct answer right now.

  • But after reading books and studies and listening to, a lot of experts were going to go over some options and talk about a few numbers.

  • If a 70% tax were put on the super rich in America, it would bring in between 72 to $170 billion per year.

  • This is a tax on people who make more than $10 million per year, and again this 70% tax is on Lee on the money that they make over $10 million.

  • I know that people freak out about this idea on Twitter.

  • I think a lot of it has to do with the thought that maybe taxing these rich people is going to slow down the economy.

  • But history shows that between the 19 fifties and sixties, when the U.

  • S.

  • Had super high marginal tax rates between 70 to 92% the actual American economy at the time was defined as having strong growth.

  • That's kind of high, like America.

  • Okay, you need to tax the rich.

  • Okay.

  • In 18 2060 of America's top corporations paid $0 in federal income tax.

  • That's insane.

  • Okay, Amazon didn't pay any federal income tax in 2018 even though they had $11.2 billion in profit.

  • If you were in American paying taxes in 2018 you yourself paid more tax than Amazon.

  • I know we're picking on America right now, but you do have extremely wealthy corporations and you don't seem to like the tax love zooming out to look at the world.

  • In 2000 and 15 all fossil fuel companies received $5.3 trillion in post tax subsidies.

  • It is a confusing statistic, but essentially it means that your government and your tax paying money actually had to go to funding these rich corporations.

  • Okay, I need to say this now.

  • This is a point where you can get involved.

  • We need to be voting for politicians who are going to tax the rich because the eight richest individuals in the world have more money than half of the world combined.

  • I don't know how else to describe this other than, like, not cool.

  • We also have to vote for politicians who listen to scientists and understand the environmental and economic negative impacts of continuing to subsidize fossil fuel companies.

  • This means voting for politicians who are open to making carbon taxes that make fossil fuels more expensive while also rewarding green innovation.

  • Building out renewables is going to create new jobs.

  • Which brings us to another point of contention in these arguments and in this discussion, which is about jobs, because if you work in the fossil fuel industry, with climate change coming and shifting the economy, you're gonna have to end up losing your job to start.

  • A conservative estimate found that jobs in wind, solar and nuclear already outnumber fossil fuel jobs by a rate of three toe one.

  • But the devastating truth is that people in the fossil fuel industries will lose their jobs, which is why it's so important to help transition them but keep them in the energy sector.

  • These jobs might include building new batteries that are more efficient and can hold energy longer for solar and wind or the construction of more efficient nuclear power plants.

  • In Canada, there's a group of oil workers called Iron and Earth who are calling on the Canadian government to help retrain laid off oil workers to put solar panels on top of buildings, starting with public buildings like schools in Germany, they incentivized people by subsidizing green energy and solar energy by using tax subsidies.

  • This created new industries, and now a lot of early adopters are actually making money by selling energy back to the grid.

  • In China, energy is a company that leads the world in thin solar powered material.

  • They make backpacks and umbrellas in a range of items that allow you as an individual to carry the sun's energy with you and like charge your phone, and this specific industry employs 3.8 million people.

  • And finally, in Texas, many people have second incomes from their wind farms.

  • Because Texas is windy A F, it is pretty much like the Saudi Arabia of wind.

  • Now it's Chat Cove.

  • It as most of this information on energy is from before this current global pandemic.

  • The pandemic has contracted the economy, which means that by the end of 20 twenties, CO two emissions will likely be 8% less than in 2019 a decrease of 128 gigatons of CO two in the atmosphere compared to if there was no pandemic at all.

  • This is the biggest annual decrease since World War Two.

  • This may seem like good news, but looking at this graph of co two emissions, every downtick is an economic crisis.

  • That is followed by a steep increase in CO two emissions.

  • But looking at the 2000 and eight financial crisis we see after there was a long period of flattened emissions, one reason is because 15% of the global stimulus after that financial crisis went into developing and deploying green technologies.

  • We have to do this again now, as we get out of the cove in 19 economic crisis.

  • To do this, we need to create jobs in wind and solar in the US At the beginning of 20 2200 and 50,000 people were working in solar.

  • We need financial incentives that help them get back to work, infrastructure, construction, jobs for the grade as well as the Internet of things building energy, retrofits of buildings and public transportation jobs will get people back to work fast.

  • We need programs that retrain and justly move workers out of conventional coal industries into new green alternatives.

  • This will save the inevitable disappearance of their jobs and cool and also help the environment.

  • During Kobe, the US, Mexico and South Africa relaxed laws controlling pollution standards, vehicle efficiency and even in the US they rolled back fuel economy rules to commit the nation toe higher transport emissions, which doesn't make any sense scientifically, politically or economically.

  • So get ready to vote.

  • You will say it now and say it again.

  • We need to vote for politicians who believe in science and who use scientific literature to build policy.

  • This is how we catalyze political action toe.

  • Understand that a respect for science will protect us against the biggest threats to our societies such as pandemics and the biggest one that is already here and will only be getting worse in the future.

  • And we need to be paying attention, Teoh and that is climate change.

This is the story about how you were lied to with billions of dollars being spent to confuse you about renewable energy.

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The Biggest Lie About Renewable Energy

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    林宜悉 posted on 2020/09/09
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