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    TUHOKlimaticka zmena / Destroying the Future Is the Most Cost-Effective


    "Given the sheer enormity of climate change, it’s okay to be depressed, to grieve. But please, don’t stay there too long. Join me in pure, unadulterated, righteous anger."


    "I don’t want your hope. I don’t want you to be hopeful. ... I want you to act. Once you start to act, the hope is everywhere."

    "Our best scientists tell us insistently that a calamity is unfolding, that the life-support systems of the Earth are being damaged in ways that threaten our survival. Yet in the face of these facts we carry on as usual."

    Rostouci hladiny oceanu, zmena atmosferickeho proudeni, zmeny v distribuci srazek a sucha. Zmeny karbonoveho, fosforoveho a dusikoveho cyklu, okyselovani oceanu. Jake jsou bezpecnostni rizika a jake potencialni klady dramatickych zmen fungovani zemskeho systemu?
    Ale take jak funguji masove dezinformacni kampane ropneho prumyslu a boj o verejne mineni na prahu noveho klimatickeho rezimu post-holocenu.
    rozbalit záhlaví
    SHEFIK
    SHEFIK --- ---
    A huge heat dome is set to sit over parts of NSW & Victoria next week, baking the regions. Some places will see 49°C (120°F) — utterly insane temperatures. That is not sustainable for long without air conditioning. Expect major stress on infrastructure & ecosystems

    https://x.com/i/status/2014652344554635412
    SHEFIK
    SHEFIK --- ---
    The global cost of greenhouse gas emissions is nearly double what scientists previously thought, according to a study published Thursday by researchers at the University of California, San Diego’s Scripps Institution of Oceanography.

    It is the first time a social cost of carbon (SCC) assessment—a key measure of economic harm caused by climate change—has included damages to the ocean. Global coral loss, fisheries disruption, and coastal infrastructure destruction are estimated to cost nearly $2 trillion annually, fundamentally changing how we measure climate finance.

    Ocean Damage Nearly Doubles the Cost of Climate Change - Inside Climate News
    https://insideclimatenews.org/news/15012026/ocean-damage-nearly-doubles-the-cost-of-climate-change/
    TUHO
    TUHO --- ---
    TADEAS: Po netu beha ovsem tohle, ale v tyhle scene se nevyznam, nevim, co si myslet...

    💙💛 Regina Laska
    @Sunnymica
    Translated from German
    Volcano Group: Nah, that wasn't us! ☝️
    That's a gamechanger.

    If the statement is genuine – and it's on Indymedia, so the right channel – then here's what we're seeing:

    ▸ The real Volcano Group from 2011 is explicitly distancing itself
    ▸ It says: "The texts and actions of recent years don't come from us"
    ▸ It reflects on the changed context since 2014 (Ukraine) – that infrastructure attacks can now become "part of a general destabilization"
    ▸ It criticizes that its name "is being used to legitimize, explain, or politically charge current attacks"


    What stands out:
    The tone. It sounds exactly like in earlier texts: reflective, self-critical, politically nuanced. They position themselves against Putin and Trump. They explain why they've withdrawn. It has intellectual substance.

    The key sentence:
    "With Russia's attack on Ukraine in 2014, the context fundamentally shifted."
    That's an analysis no Russian troll would ever write.

    Why only now?
    They've stayed silent because they've seen that infrastructure sabotage since 2014 exists in a completely different context. That someone – presumably Russia – might have co-opted their methods and name to carry out destabilization.

    And they didn't want to:
    ▸ Be part of it
    ▸ Legitimize it through their own actions
    ▸ Provide a stage for it

    The problem:

    Their silence is exactly what enabled what they wanted to prevent – someone else hijacked their name.

    The uncomfortable implication:
    If that's true, then the attacks from 2018, 2021, 2024, 2025, and now 2026 – so over a decade – weren't from them.
    That would mean: The domestic intelligence service has been chasing a group for years that no longer existed in that form. And possibly classified Russian operations as "left-wing extremism."
    That would be a failure on multiple levels.
    The question remains: Can they substantiate that? Or is it just their claim against the authorities'?

    And of course: This statement could theoretically be forged too. The question is just – who would have an interest in faking a disavowal?

    That makes the false-flag theory more plausible, not less.

    Dobrindt has a problem now.
    TADEAS
    TADEAS --- ---
    ‘No water, no life’: Iraq’s Tigris River in danger of disappearing | Rivers | The Guardian
    https://www.theguardian.com/environment/2025/dec/16/no-water-no-life-iraqs-tigris-river-in-danger-of-disappearing

    the health of the river has been in decline for decades. Iraq had state-of-the-art water infrastructure until the US made it a target in 1991’s Operation Desert Storm. With treatment plants destroyed, sewage flowed into the waterways. Years of sanctions and conflict mean the infrastructure has never fully recovered. Today, across southern and central Iraq, just 30% of urban households are connected to a sewage treatment facility. That number drops to 1.7% in rural areas.

    In addition to municipal waste, chemical fertilisers and pesticides in agricultural runoff, industrial waste including from the oil sector, and medical refuse all find their way into the river. A 2022 study found that water quality at numerous sites in Baghdad was rated “poor” or “very poor”. In 2018, at least 118,000 people in the southern city of Basra were treated in hospital after drinking contaminated water.

    The river has also dramatically shrunk in volume. In the past 30 years, Turkey has built major dams on the Tigris and the amount of water reaching Baghdad has decreased by 33%. Iran too has built dams and diverted water away from shared rivers that feed the Tigris. Within Iraq, water is frequently overused, especially in the agricultural sector that uses at least 85% of the country’s surface water.

    The climate crisis is taking a toll. Iraq has recorded a 30%decline in precipitation and is in the grip of its worst drought in nearly a century. Demand for fresh water is expected to exceed supply by 2035. This summer, the Tigris was so low people could easily walk across it.
    TADEAS
    TADEAS --- ---
    Elon Musk suggests AI satellites could dial down global warming
    https://interestingengineering.com/space/elon-musk-solar-radiation-management-geoengineering

    while Musk’s companies have unmatched reach in space infrastructure, scaling an SRM system to planetary levels is another story. “It would be far easier said than done,” as one analyst put it, especially given that even the most advanced SRM proposals remain largely theoretical.

    Beyond the science, there’s also geopolitics. Who decides when and how to shade the planet? And what happens if one nation’s cooling efforts trigger droughts in another?

    there’s no indication SpaceX is working on SRM-capable satellites. For now, the comment seems more like a thought experiment than a corporate roadmap.

    Yet Musk’s timing is telling. With heat records being broken year after year, and progress on emissions lagging, even the most radical climate ideas are starting to sound less far-fetched
    SHEFIK
    SHEFIK --- ---
    Toplist pro priznivce checklistu. Od pohledu uz budem nejmin za tretinou, lokalni stastlivci budou mit za chvili bingo

    Top 40 Impacts of Climate Change

    1. Acid rain
    2. Algae blooms
    3. Ash & smoke
    4. Bees dying & pollination loss
    5. Climate refugees & migration
    6. Coral bleaching
    7. Crop failures
    8. Deforestation
    9. Desertification
    10. Disease, pandemics (plants & animals)
    11. Droughts
    12. Drying up of lakes, rivers, wells, springs
    13. Earth axis shift
    14. Earthquakes, Tsunamis, Volcanoes
    15. Extreme cold
    16. Financial/bank/stock collapse
    17. Fires
    18. Floods
    19. Food & water riots
    20. Hazardous, smoke-filled & polluted air
    21. Heat waves: frequency, power, duration
    22. Hunger, famine & starvation
    23. Infrastructure collapse
    24. Melting Antarctic & Greenland land ice
    25. Melting Arctic & Antarctic sea ice / Blue Ocean Event
    26. Melting glaciers (drinking water crisis)
    27. Methane bomb (Siberian permafrost methane & Clathrates from ESAS)
    28. Nuclear plant meltdown
    29. Ocean acidification & deoxygenation
    30. Ozone layer depletion
    31. Permafrost thaw
    32. Price instability & inflation
    33. Reanimated bacteria/viruses
    34. Sea level rise (e.g. Thwaites glacier)
    35. Shutdown of AMOC, SMOC
    36. Species extinction (100+/day)
    37. Storms — more frequent, power, duration
    38. Supply chain & transportation collapse
    39. Unemployment & poverty
    40. War, extremism, fascism & terrorism

    Top 40 Impacts of Climate Change – Watching the World Go Bye
    https://climatecasino.net/2021/10/top-40-impacts-of-climate-change/
    TADEAS
    TADEAS --- ---
    Trump couldn’t get it passed... - Alt National Park Service
    https://www.facebook.com/share/1CEeHbqLqw/

    Trump couldn’t get it passed in his big 💩 bill, so now here are his executive orders.

    Let’s break down what Trump’s new AI executive orders actually mean. On July 23, the administration issued a sweeping directive to “facilitate the rapid and efficient buildout” of AI infrastructure by, in its own words, “easing Federal regulatory burdens.” One order explicitly calls on agencies to “streamline environmental reviews and permitting” by using existing exemptions or creating new ones. In practice, that means fewer safeguards, less public input, and fast-tracked approval for massive data center construction, even on federal land.

    What’s more, the administration brags that it “revokes a Biden-era Executive Order that would have saddled AI data center development … with pages of DEI and climate requirements.” This signals a wholesale retreat from environmental accountability. These data centers are notoriously energy and water intensive, using millions of gallons of water daily and consuming electricity at rates that rival entire cities. And under this new policy, they can now be built without the oversight meant to protect air quality, local ecosystems, and public health.

    We’re already seeing the real-world impact. In South Memphis, particularly in Boxtown, a neighborhood long burdened by industrial pollution, residents are now facing a new threat: up to 35 unpermitted methane gas turbines powering xAI’s “Colossus” supercomputer. These turbines emit massive quantities of nitrogen oxides and formaldehyde, smog-forming and carcinogenic pollutants that have increased local ozone by 30 to 60 percent and worsened asthma rates in a community already leading the state in emergency asthma visits. Advocacy groups, including the NAACP and the Southern Environmental Law Center, issued a Clean Air Act notice, calling the site potentially “the largest industrial source of smog-forming pollutants in Memphis.” Residents report rising cases of respiratory illness, days too unhealthy to be outside, and a cancer risk four times the national average. Although local officials recently approved a turbine permit, the very next day brought a Code Orange air alert, underscoring the mounting public health crisis tied to unchecked AI development.

    The orders don’t stop there. They also cancel major clean energy infrastructure, like the 4.9 billion dollar Grain Belt Express transmission line, and steer AI growth toward fossil fuels and nuclear instead of renewables. This could severely hinder U.S. climate goals and lock in decades of carbon-heavy infrastructure. Taken together, the language of these executive orders makes it crystal clear: this isn’t just about AI, it’s a full-speed deregulation plan that prioritizes corporate expansion over the health of American communities.
    SHEFIK
    SHEFIK --- ---
    Much chatter, little impact: Net zero reference slipped into German constitution - Euractiv
    https://www.euractiv.com/section/eet/news/germany-climate-law-legislation/

    BERLIN – As part of the deal over Germany's massive defence and infrastructure spending package, the Greens managed to write spending earmarks with a reference to climate neutrality into the country's constitution.

    Champions and critics of climate action alike have been trying to play up the significance of adding in a mention of Germany's 2045 net-zero goal, although legal experts largely see the change as lacking broader legal significance.

    The amendment to Article 143 of the Basic Law, Germany's constitution, allows for “a special fund with its own credit authorization for additional investments in infrastructure and for additional investments to achieve climate neutrality by 2045, with a volume of up to €500 billion.”

    One line in the paragraph specifically sets aside €100 billion in an off-budget special fund for climate projects toward bringing emissions down to net zero, a goal already set down in Germany's Climate Action Act.
    TUHO
    TUHO --- ---
    Germany’s Merz secures breakthrough on gargantuan spending plan
    The apparent deal with the Greens paves the way for up to €1 trillion in new spending for defense and infrastructure.

    Germany’s Merz secures breakthrough on gargantuan spending plan – POLITICO
    https://www.politico.eu/article/germanys-merz-secures-breakthrough-on-historic-spending-plan/
    TUHO
    TUHO --- ---
    Diana Urge-VorsatzDiana Urge-Vorsatz
    • 2nd • 2nd Vice Chair of the IPCC, Professor at Department of Environmental Sciences and Policy, Central European University
    2h • 2 hours ago

    After immensely hard work and many sleepless hours, the IPCC can be very proud to have the planned content of all the products of the Seventh Assessment hashtag#AR7 cycle agreed on.

    At the same time, I need to register my concerns about the future of both the IPCC as well as our global climate based on certain trends that the changes in the outlines signal.

    It is concerning that key words that formed the backbone of previous reports, assessments that were consistent and among the most used components of ARs cycle after cycle after cycle were not accepted to be included in the outlines.

    Key scientific concepts, such as hashtag#policies, hashtag#exPostEvaluation, hashtag#scenarios, hashtag#pathways, hashtag#infrastructure, national and subnational [policies], hashtag#lockin, hashtag#maladaptation, hashtag#targets, hashtag#goals, hashtag#NDCs, hashtag#fossilfuels, hashtag#subsidies, cost of inaction, hashtag#UNFCCC, hashtag#ParisAgreement, trade, conflict, market-based [instruments], non-state actors, hashtag#electrification, policy packages, acceleration, hashtag#overshoot, environmental impacts, hashtag#attribution, future emission trends, among others – have been questioned and either cut or replaced in many places, many of these key words do not appear any more in the outline of one WG.

    Some words, like the hashtag#ParisAgreement, acceleration, pathways, that form important parts of one working group’s agreed outline, were considered as too policy prescriptive in another working group and were excluded.

    In the cycle when we may officially exceed 1.5C global warming and thus the goal of the Agreement signed by virtually all governments, the IPCC will significantly compromise its policy relevance if it cannot focus its assessment, among all the other crucial topics well reflected in the outlines, also on knowledge and science related to NDCs, the Paris Agreement, accelerating not only adaptation but also mitigation action, comprehensive (and policy neutral) ex-post evaluation of policies.

    Without a robust assessment of the exponentially growing experience and knowledge on the topics relevant to our global efforts, we are jeopardizing the effectiveness of these crucial multilateral processes – that have so far taken us off of the worst climate pathways since the PA, and that have helped catalyse important achievements such as loss and damage funds and other financial instruments.

    We could also jeopardise the very existence of multilateralism about climate change. As already signalled by recent events and trends – if the perspectives and efforts of some parties are poorly reflected, if the relevance of IPCC reports to a crucial part of the global discourse is compromised – it is increasingly concerning how long some parties can still uphold their strong moral (and financial) commitment to not only IPCC but also the multilateral processes such as the UNFCCC, considering the shifts in preferences of their voters.

    This is a risk to all of us.

    Disclaimer: These are my personal views and not those of the IPCC
    TADEAS
    TADEAS --- ---
    CHOSIE: tady peng xiao (4. min) - konzervativni odhad je ze "svet potrebuje" 200-300 GW na training+inference

    Larry Fink and Peng Xiao on Financing AI Infrastructure
    https://youtu.be/YCusGTuXP94?si=O1jBMbgAbR34zUBp
    TUHO
    TUHO --- ---
    TADEAS: Jeste jsem necetl, nicmene odkladam si na tema

    Long before the current AI power panic, there was another panic about a new technology with an insatiable thirst for electricity: the internet.

    In 1999, Peter Huber and Mark Mills wrote an article for Forbes Magazine titled “Dig more coal -- the PCs are coming.” Reading that story today is eery in its similarities to the current moment. In the opening paragraph, the authors write, “Somewhere in America, a lump of coal is burned every time a book is ordered on-line.” They go on to cite statistics about the staggering growth of the internet: “Traffic on the Web has indeed been doubling every three months.” And then they make a prediction: “It’s now reasonable to project that half of the electric grid will be powering the digital-Internet economy within the next decade.”

    Huber and Mills were, of course, right in their prediction about the ubiquity and importance of the internet. The technology changed nearly everything about our society, economy, and politics. They were correct in predicting that internet traffic, adoption, and infrastructure would explode. And yet, their forecast for how much electricity demand would ensue was fantastically wrong.

    The Hidden Risks of Overestimating AI's Power Needs
    https://www.distilled.earth/p/the-hidden-risks-of-overestimating
    TUHO
    TUHO --- ---
    YMLADRIS: No, tak je to v tom clanku napsany.

    2.3. Conflict and negative emissions technologies
    Only recently has a first framework been constructed to elucidate the potential geopolitical dimensions of negative emissions technologies as a broad suite of large-scale energy production, resource usage, carbon storage, and land-use systems [58]. Direct air capture approaches rely on massive energy costs which could be coupled with either existing fossil-fuel or novel renewable infrastructures - possessing the potential to entrench or reorient the global carbon economy and its geopolitics [59,60]. Meanwhile, land-use approaches (large-scale forestry or agricultural management) by necessity entail heavy spatial and resource usage as well as pose inequities and trade-offs for the populations currently resident on or adjacent to the land [61]. Ocean based and marine carbon removal, and even the protection of coral reefs for ecosystem restoration, could also intersect with fisheries conflicts around the world [62].
    This deliberately geopolitical focus on various aspects of negative emissions and carbon removal is nascent, but raises issues highlighted by antecedent conflicts in global food systems. These studies cite land-grabs and ownership conflicts, the food versus ethanol dilemma (e.g. the 2005 global food crisis), “phantom commodities”, the consequences of shifting prices in one-resource economies, and other issues and challenges confronting rural, smallholder communities – often accompanied by the particular pressures experienced by indigenous populations, or in the global South [[63], [64], [65]]. Others cite extractive industries in energy and other natural resources as relevant antecedents, raising questions of hazardous siting and carbon infrastructure lock-in [66]. As carbon removal technologies and their related approaches are looking beyond the terrestrial and into coastal and oceanic environments, some are increasingly concerned that the same logics of exploitation and conflict more familiar in the former could be repeated [67,68].
    TADEAS
    TADEAS --- ---
    Climate startups button up for a post-election freeze
    https://pitchbook.com/news/articles/climate-startups-election-trump-inflation-reduction-act

    For the climate tech startups now navigating this stage, it’s going to be a rough six months. As the industry adjusts to a new energy policy regime under President-elect Donald Trump, there’ll be a chill in the air for project financing and major fundraising for companies in the line of fire.

    Potentially on the chopping block are key provisions of the US Inflation Reduction Act, the budget of the Department of Energy and Treasury guidelines on tax credits. Offshore wind and hydrogen projects are two areas that are thought by VCs to be especially precarious.

    And despite Trump’s cozy relationship with Tesla founder Elon Musk, the transition team is already planning to scrap a $7,500 EV tax credit for American consumers, according to Reuters.

    “It’s going to be challenging,” said Abe Yokell, managing partner at Congruent Ventures. “My general advice is, make sure you aren’t raising right now.”

    ...

    In the eight years since Trump’s first victory, early-stage investing in climate tech has become mainstream, as specialists like Breakthrough Energy Ventures and Lowercarbon Capital made their names on Sand Hill Road, bringing generalists along with them into climate rounds.

    Huge amounts of capital have flowed into infrastructure funds dedicated to the energy transition, driven by pressure from pension holders and students as well as a belief that the energy transition is a lucrative investment.

    “Most new infrastructure is clean infrastructure now,” said Yokell. Energy transition infrastructure funds raised $33.5 billion in 2024, compared to $9.5 billion for non-energy transition infrastructure funds, according to PitchBook research.

    Institutional investors think in decades, not in single election cycles.

    Plus, much of the climate policy cemented by the Biden administration has bipartisan support: namely, creating more resilient supply chains, nearshoring critical minerals production and creating clean-energy jobs in battleground states.

    Trump’s calls to deregulate and reduce permitting roadblocks may help clean energy projects in the long run, especially for new nuclear technologies that have been bogged down in red tape.

    For Yokell, there’s a strong case to stay bullish on climate-friendly projects:

    “There will be some collateral damage environmentally, which I’m not excited about, but the lack of regulations will in fact allow for a lot of clean infrastructure to be built.”
    TADEAS
    TADEAS --- ---
    Revealed: how the fossil fuel industry helps spread anti-protest laws across the US | Protest | The Guardian
    https://www.theguardian.com/us-news/2024/sep/26/anti-protest-laws-fossil-fuel-lobby

    Records obtained by the Guardian show that lobbyists working for major North American oil and gas companies were key architects of anti-protest laws that increase penalties and could lead to non-violent environmental and climate activists being imprisoned up to 10 years.

    Emails between fossil fuel lobbyists and lawmakers in Utah, West Virginia, Idaho and Ohio suggest a nationwide strategy to deter people frustrated by government failure to tackle the climate crisis from peacefully disrupting the expansion of fossil fuel infrastructure by enacting tough laws with lengthy jail sentences.

    “Draft bill attached,” wrote a lobbyist representing two influential fossil fuel trade groups to the lead counsel for the West Virginia state energy committee in January 2020.

    The law, which carries a maximum 10-year prison sentence, was later used to charge at least eight peaceful climate protesters including six senior citizens.

    Amid ongoing record oil and gas expansion in the US, activists say they have turned to protests and non-violent civil disobedience such as blocking roads and chaining themselves to trees, machinery and equipment as a way to slow down construction, raise public awareness, and press for more urgent climate action by governments and corporations.
    TADEAS
    TADEAS --- ---
    XCHAOS: the Biden administration confirmed that developing large-scale AI data centers is a priority, announcing "a new Task Force on AI Datacenter Infrastructure to coordinate policy across government

    microsoft stargate - 5 gw do r. 2029, openai chce 5-7 5gw datacenter. good luck ,)
    YMLADRIS
    YMLADRIS --- ---
    YMLADRIS: google smr

    Alphabet CEO Sundar Pichai says Google are scaling up their compute infrastructure and working on 1 gigawatt+ data centers, while exploring options for powering them including small modular nuclear reactors
    CHOSIE
    CHOSIE --- ---
    PALEONTOLOG: Třeba to za zkoušku stojí, má-li to význam z hlediska energie a infrastruktury (čímž bych i narážel na dostupnost fosilních paliv ať už pro vybudování/transport, nebo samotnou produkci syntetických hnojiv aj.), kratším obdobím růstu. Faktem, že se permafrost nachází hlavně v oblastech jako je Russkiy mir, Kanada, nebo USA (tj. geopolitický faktor - budeme mít jako EU dobré vztahy apod.).

    Jinak nejde jen o neúrodnost, ale pokud se nepletu je ta půda plná toxických těžkých kovů (např. rtuti) a taktéž je zde riziko virů. Nicméně hlavním faktorem permafrostu je to ohromné množství sklenníkových plynů uložených v něm.

    Samotné tání bude trvat dost dlouho (tedy, snad?) a ta půda bude neustále v pohybu, včetně explozí a následných metanových kráterů. No, není to zrovna přívětivé prostředí pro zemědělství ať se na to podíváme jakkoliv.

    A posledně k tomuto tématu, vůbec nevíme jaké čekat teplotní výkyvy, srážky,.. no to je spjaté se zmíněným prouděním v bodech, které TUHO sdílel.
    As a consequence of global warming and human-induced climate
    change, the thawing of permafrost not only contributes to global
    greenhouse gas (GHG) emissions and warming, but also poses
    substantial risks to both local ecosystems and human communities in
    affected regions

    Considering the cold winters and short, cool summers, the presence
    of permafrost affects the availability of arable land and the growing
    season for crops, making agriculture challenging. While climatedriven northward expansion of agriculture increasingly provides
    new food sources, little is known about the effectiveness, feasibility
    and risks in cultivation-permafrost interactions.

    Thawing permafrost also releases contaminants, including
    mercury, into the environment. This negatively
    impacts water quality in Arctic rivers and lakes, leading to potential
    risks to human health through contaminated food chains and drinking
    water sources.

    Beyond its ecological consequences, permafrost thaw has significant
    implications for the infrastructure built on permafrost soil. As the
    ground becomes unstable, buildings, roads, pipelines, water facilities,
    and communication systems are damaged and hazardous substances mobilised

    Up to 80 per cent of infrastructure elements
    show substantial infrastructure damage and 70 per cent of current
    infrastructure in the permafrost domain is in areas with high potential
    for thaw by 2050
    https://global-tipping-points.org/

    TADEAS
    TADEAS --- ---
    názor

    Is private capital the missing piece in $125 trillion energy-transition puzzle?
    https://pitchbook.com/news/articles/is-private-capital-the-missing-piece-in-125-trillion-energy-transition-puzzle

    The UK is almost a microcosm of a worldwide energy transition quandary—where the amount of investment needed, globally, is closer to $125 trillion. While each market faces its unique set of circumstances and advantages, the same structural trends and questions remain: Where do we get the money?

    That dilemma can be seen in two ways. First, there’s the question of how to fund new sources of renewable energy and build the accompanying storage infrastructure to support those new sources. Second, the world must modernize power grids to handle more demand stemming from things like the proliferation of electric vehicle charging networks and power-hungry data centers fueling digitalization and AI adoption.

    ...

    Private capital has already honed in on the world’s growing energy need, with several of the largest managers launching strategies targeting energy infrastructure. For example, KKR is currently in the market with a $7 billion fund targeting energy transition investments. As of April, Blackstone had raised $1 billion for its latest energy transition vehicle.

    While fundraising activity has dipped in the past year, infrastructure investors are sitting on about $334 billion of dry powder. PitchBook data shows that the total capital raised by infrastructure funds reached a peak in 2022 with about $138.5 billion raised across 122 globally. The previous year, 2021, saw a peak in the total number of fund closes, with 146 closing on $132.7 billion.

    ...

    Two of the largest fundraising hauls came at the end of the 2023, with Brookfield Asset Management gathering $28 billion for its fifth infrastructure fund in December. Around the same time, the United Arab Emirates announced $30 billion vehicle with the backing of BlackRock, TPG and Brookfield.

    ...

    “Society depends on a digital economy and it wants very clearly an economy where energy is abundant and cleaner, and this creates great investment opportunities,” he said. “The private capital sector is extremely well positioned to meet those demands and the government’s role is not to fund it, but to put the right playing field in place.”
    CHOSIE
    CHOSIE --- ---
    Metacrisis: Getting Honest About the Human Predicament
    The world is in metacrisis. That means that many crises are occurring simultaneously and affecting one another.

    Attention must be placed first on the whole, not on the parts. That includes the natural world. It is the source of the resources including food that support human survival and prosperity. Disregarding the effects of our actions on nature is among the principal reasons for the metacrisis.

    --

    Even in the narrow case that only considers emissions, there is no evidence that the renewable energy transition has changed their upward trajectory despite thirty-six international climate conferences and trillions of dollars of investment over the last forty years.

    In fact, there is no evidence that an energy transition exists. Energy consumption and population continue to increase every year.

    --

    Growth is the problem. Carbon emissions are a consequence of the growth in energy consumption that has enabled the growth in human population and economic activity.

    As long as energy use continues to increase, efforts to limit carbon emissions will be negligible, and temperature will rise.

    Growth is also the root cause of the ongoing crisis of the natural world. Populations of mammals, birds, amphibians, reptiles, and fish have declined by an average of 69% since 1970.

    --

    The global financial system is highly interconnected, meaning a crisis in one region can quickly spread to others. Financial institutions and markets are increasingly reliant on digital infrastructure, making them vulnerable to cyber-attacks.

    Those who believe that a renewable energy transition is possible seem to ignore that carbon emissions, GDP, population and society’s ecological footprint all correlate with energy consumption. That means that there is a cost for lower emissions.

    Unless the future is somehow completely different from the past and present, the only solution to climate change and overshooting our planetary boundaries is a radical reduction in energy consumption. Lower economic growth and a lower population will be unavoidable components of a renewable energy future. That’s not part of the transition narrative, and is a non-starter for most people and political leaders.

    --

    We need a holistic approach, one that moves fluidly from the whole to the parts and back again. Otherwise, we’re simply shifting problems around, likely making everything worse in the process.


    Metacrisis: Getting Honest About the Human Predicament | Art Berman
    https://www.artberman.com/blog/metacrisis-getting-honest-about-the-human-predicament/
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