Friday, October 17, 2014

The Reason Fossil Fuel Companies Deny Global Warming

If you realize that manmade global warming is real, the next logical conclusion is to do something about it. So, if you can keep the debate focused on the reality of AGW, then you don't have to worry about doing something about it. Now, you might ask, why would someone be interested in preventing us from acting on AGW? Take a look at this article here.

This article discusses the actions taken in Nordic countries to deal with carbon emissions, something they have been very successful at. In fact, they have been so successful they are actually lowering the cost of energy. The alternative sources of power they are now using are actually cheaper than the coal fired power plants they are replacing.

And, that is what the fossil fuel industry really fears.

For instance:
Fossil power plants in Finland and Denmark act as swing-producers, helping to meet demand when hydropower production in Norway and Sweden falls due to dry weather.

The arrival of wind power on a large scale has made this role less relevant and has pushed electricity prices down, eroding profitability of fossil power stations.
And, I love this statement,
"Demand for coal condensing power in the Nordic power market has decreased as a result of the economic recession and the drop in the wholesale price for electricity," state-controlled Finnish utility Fortum said
 Or, this statement,
"This will, in our view, result in mothballing of 2,000 MW of coal condensing capacity in Denmark and Finland towards 2030,"

The evidence is clear - the fossil fuel industry is lying to us when they say renewable energy sources will increase our utility bills and lower the standard of living. What we really see is the exact opposite, the standard of living is going down due to global warming and renewable energy will improve the situation. Today, we are already paying for higher utility bills, more expensive food, higher insurance costs, loss of jobs, and economic damage due to weather extremes. Who is telling you not to worry about all of that? The same people that are making billions of dollars off of it - the same people that stand to lose billions of dollars if we do something about it.

But, we won't do anything about it as long was we argue about the reality of it.

And, that is why the fossil fuel industry fears letting people realize AGW is real.

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