Post by
Donwaan on Feb 01, 2023 12:48pm
Bob Dylan:The times they are a changin
Clean-energy investing is poised to top the money backing oil and gas after hitting a record $1 trillion. Investment in clean-energy technologies is on the brink of overtaking fossil-fuel investments, and wont look back, says BloombergNEF. Link to full article: https://www.marketwatch.com/story/the-globe-spent-1-trillion-in-2022-transitioning-to-cleaner-energy-thats-the-same-amount-that-backed-oil-and-gas-11675204929?mod=search_headline
Comment by
GregC24 on Feb 01, 2023 1:10pm
So the world won't use 100b barrels of oil a day as of when?
Comment by
GregC24 on Feb 01, 2023 1:12pm
100m. 100b would be outrageous. Lol.
Comment by
Pandora on Feb 01, 2023 1:37pm
And has Bloomberg ever been wrong with one of their forecasts of the future?
Comment by
Donwaan on Feb 01, 2023 1:55pm
I can't speak to Bloomberg's track record Pandora but a $ 1 trillion dollar bet seems to think they may be right this time.
Comment by
Paray99 on Feb 01, 2023 7:18pm
Today Bloomberg was also talking about crypto and they seemed positive about Cathie Wood's BS that bitcoin will hit $1M.... ha ha ha...Total 21M bitcoins in the world. that is $21T assets need to be stocked in bitcoin itself!
Comment by
Paray99 on Feb 01, 2023 7:14pm
No overtaking of fossil fuel will happen here lol... do your math before making such stupid claims! in reality, there is no means to make a lot of batteries and then to charge those, unless fossil fuel or nuclear power is there.