As leading experts on climate change, we often get asked if there’s hope for the planet — but it may surprise people that we find more cause for optimism than despair.
  • neanderthal@lemmy.world
    101·
    1 year ago

    This means we can win this war. This doesn’t mean get complacent. At minimum, keep pressure on the enemy so they don’t have time to regroup, rebuild, and plan a counter attack.

    We are making progress on the energy production line. Let’s cut off the fossil fuel economic base. Let’s go after car dependent design. Let’s go on the attack at local elections and zoning and planning meetings. Gaining ground on the car dependency front cuts off vital resources the enemy needs to supply their troops.

    It’s a major election year in the US. If my fellow yanks blitzkrieg the polls, we can deal a crippling, maybe even fatal, blow. From our allies, keep active on the interwebs. Encourage yanks to get out to vote. Call out BS!

      • Nyssa@slrpnk.net
        31·
        1 year ago

        Overall, oil companies are withdrawing investment from exploration and new drilling. It seems oil companies are not drilling new but riding out on the investment they’ve already made plus utilizing market power to squeeze out profits. In terms of Biden’s political calculus, it seems that they think new drilling leases don’t involve much risk of increased oil coming onto the market, but it does improve his position among voters, especially in an era of inflation. Plus, this gave him political capital to pass the IRA, especially with Manchin.

        This video goes more into detail of the economics behind this trend: https://www.youtube.com/watch?v=AQbmpecxS2w

      • MrMakabar@slrpnk.net
        21·
        1 year ago

        The problem Biden has is that most US allies do not have large local oil production. Even thou the US is the largest producer in the world, the next ones are Russia, Saudi Arabia, Iraq and China. Then next is Brazil, which is not as bad as the others for sue, but not exactly an ally of the US. Then it continues with the UAE, Iran and Kuwai. Most of them are also in OPEC+, which is cutting production right now.

        So those allies mainly Europe and the ones in Asia, like Japan, South Korea and Taiwan all purchase a lot of oil from the Middle East, since the sanctions on Russia started due to the war in Ukraine. That however is a huge problem as the US wants to focus on China, rather then another war in the Middle East. At the same time reducing the oil price weakens all countries in that region, which is great news for the US, besides local voters like it as well.

        So thats why you see the US trying to reduce local oil consumption with the inflation reduction act by making more evs, while increasing oil production to not have to fight a war in the Middle East. The EU did ban fossil fuel car sale by 2035 for the same reason. The good part is, if this works a war in the Middle East, could massivly disrupt the flow of oil from the region, without the US feeling the need to intervene. Pretty much all leaders in the region are downright evil, so potentially great news.

          • MrMakabar@slrpnk.net
            31·
            1 year ago

            Lets just put it like this. There is a reason OPEC tries to keep prices stable and this set up massivly increases the likelyhood for wars in the Middle East, which in turn can create incredible price spikes in the oil market, while at the same time having the option of lowering prices below break even at times. All of that with falling oil demand and it is a recipe for disaster for oil companies.