Germany’s Russian Gas Disaster
Germany made a decision to build a new gasline from Russia – the Nordstream 2 for 11 billion. They could have invested the same in wind power and now save themselves $200 million per day of cost.
Germany made a decision to build a new gasline from Russia – the Nordstream 2 for 11 billion. They could have invested the same in wind power and now save themselves $200 million per day of cost.
The investment fund ARK Invest CEO Cathie Wood explains the 5 disruptions happeing now and the 14 underlying technologies which form the basis of their investment strategy.
Over $1.8 trillion is spent each year on environmental harmful subsidies or about 2% of GDP. Changing that 2% to protecting the environment and achiving net zero is a political imperative.
Disruption areas of energy, transportation, and food are driven by 8 technolologies that combine to change the planet. Solar, wind, batteries, automonous driving, precision fermentation and cellular agriculture.
The IPPC paint a gloomy forecast and say sea level rises are inevitable and global warming will have sea levels rise extend for the next 2000 years.
Green energy saves $5000 per year and Australia can do the Big Switch from fossil fuels to renewable energy with rooftop solar and batteries. Change is an increase wealth to households, not a cost.