Global Energy Transition. Are we winning?

The Global Energy Transition is the most profound change to human civilisation since the end of the last glacial period about 11,000 years ago. There will be winners and losers, and as a result some are trying to slow or even stop the disruption of their established markets. We all know who they are! So how is it going? Well, the International Energy Agency says it can be done, but ONLY if there is NO NEW COAL, OIL or GAS exploration or exploitation from this point onwards. COP28 has now been completely hijacked by the oil industry...so is the transition a realistic prospect or just a pipe dream?

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Research Links

IEA World Energy Outlook 2023

OPEC Statement

Greenpeace statement

Carbon Brief : Simon Evans EV Mythbusting

BBC Report on exceeding 1.5 degrees Celsius

Solar power expected to dominate by 2050

Major companies calling for phase out of fossil fuels

United Nations World Population Prospects Report 2022

NEVER FORGET : EXXON KNEW..!

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[alantupper]

I'm heartened that the rate of switch is outstripping their estimates from even a few years ago. Hopefully we'll see more of those kinds of positive feedback loops.

[brianwheeldon]

Thanks again Dave for a great video. Unless we in the west can urgently change our political system we have a gigantic corporate- political problem. Getting the money out of politics is essential if the living world is to survive. It's not a climate and environmental problem, the world has a political problem financed by banks, our tax dollars, digital debt and all the other usual suspects. I don't see the mega corporations and MIC giving up their power and priviledge easily. Populations must resist the pathological greed of the elites on the streets. As a philosopher said, I saw V for Vendetta, the film I really want to see is V for Vendetta Part 2- Slavoj Žižek

[h.e.hazelhorst]

The elephant in the room is that we need to move to a less consumer-oriented society and economy. We simple cannot replace fossil fuels by renewables and expect to keep wasting energy at the the current level. As mentioned briefly: not owning a car is the best means of reduction. If you really need a car, then share it with other people. If you need on a daily basis, reconsider what you’re doing, and vote for a government that fixes public transport.

[martincotterill]

Great video, Dave, "they would say that, wouldn't they!"😂

[JossWaddy]

Thanks for the video. These sorts of breakdowns and analyses are so helpful. They precis complicated documents and more importantly contextualise them really well. I appreciate the time and effort you take to make them and wish you well on your week off!

[peterinbrat]

The demographic I'd like to see improved is getting ppl with no electric at all with solar panels and a 5v-12v sysyem for essentials like lighting, charging cell phones, fans, and possibly electric mosquito control.

Having lived in the developing world, I know what a difference this could make. Refridgeration is oddly a low priority bc most food is eaten the same day it's brought home.

[thomasbeach]

And thank you for all of your hard work!

[leeroychang]

Very much enjoy your content. I watch it while ironing my uniform for the week! Very excellent ironing and watching. Thanks a bunch!

[lkruijsw]

It is still problematic. But around 2000 I investigated energy thoroughly, more in relation to peak oil than climate. Also in 1980 my father installed a windmill on our house. One thing is for sure, at that time replacing fossil fuels looked way way way more difficult.

[maxvaessen]

Enjoy your time off Dave! Thanks for everything you do ❤

[JeremySpidle]

8:17 I think its important to note that much of "China's" emissions REALLY belong to the USA and other countries who have THEIR goods manufactured oveseas.

[nettlarry]

Thank you very much for your work. I'll try believing we can still somehow evade extinction.

[zinaj]

I'm impressed by the heat pump adoption in the UK. A bit of a learning curve, but with managed expectations and subsidies, the transition to heat pumps in some developing regions may be like the leap from few/no phones to ubiquitous cell phones with no landlines in between.

Hopeful.

[joweb]

Enjoy your break. Thank you for your excellent work.

[PaperTools]

I dunno I maybe kindof actually feel like a teensy bit better hearing this? 500GW of clean energy in 2023, I was surprised by the size of that one. Is this going exponential? Only 5 more doublings to 16TW isn't that the amount we need?

[noizydan]

We'll beat it, but we will go through a significant and unwanted simplification first.

[raymondleury]

The good news is that the IEA is always underestimating the pace of change - usually by a wide margin. One example is the EV market share which is way above their forecasts, so much so that they have substantially "adjusted" their forecast each year. Same applies for wind and solar. This means that the figure of 73% of energy needs from fossil fuels by 2030 wildly overestimates what simple math, with more realistic forecast, shows quite clearly. Frankly, if we are still at 73% by 2030, the planet is in big trouble. Fortunately we will be doing MUCH better than the IEA forecasts. This doesn't mean by any means that we can slow down our efforts to decarbonize.

[punditgi]

Love this channel:! Keep up your fine work! 😊

[jimhood]

Thanks as always Dave. Encouraging report even if we still have lots of work to do.

[chrisvanessahorvath]

Great job! Thanks for the overview!!!