"Instead of being just a budget, it's a pathway we have to tread to reach net zero in 2050" @lorddeben
The UK government's climate advisory body is launching its next carbon budget: basically, outlining what the UK can emit between 2033 and 2037. It's a big deal - launch video starting right now.
Watch along:
Just 15 mins until the launch event for our new advice to Government on the Sixth Carbon Budget. If you haven\u2019t registered, you can watch live on YouTube from 10am. Link: https://t.co/PjlcIDSYEC #UKCarbonBudget pic.twitter.com/1zOTfmxDVp
— Climate Change Committee (@theCCCuk) December 9, 2020
"Instead of being just a budget, it's a pathway we have to tread to reach net zero in 2050" @lorddeben
Both = best (just like @AEMO_Media's Step Change scenario in their ISP)
The slinky kitty curve....good to see. No evidence of delaying action to Dec 29 2049, here. #UKCarbonBudget
Orange = purely behavioural change
Purple = purely tech
Red (pink??) = a mix of tech and behaviour
"There is nothing to be afraid of at all.......they won't be major change to our lifestyles", on the red wedge #UKCarbonBudget
"Any notion that we can't afford to tackle climate change is clearly nonsense" #ukcarbonbudget
CC @AngusTaylorMP #ukcarbonbudget
Zero carbon elec by 2035 (just like the US). No new sales of gas boilers by 2033
#ukcarbonbudget
#UKCarbonBudget
#UKCarbonBudget
Also see: @GriffithSaul's @rewiringamerica work!
Or: https://t.co/BYvbPTPX6e #UKCarbonBudget
More from Climate change
I don't have time to make this detailed, but here's a little thread about the world's first major politically-charged blackout that was blamed on renewables, in South Australia, in 2016............
On September 28, 2016, an unprecedented tropical storm progressed rapidly across South Australia. Truly - this thing was unusual. The sky folded in on itself. It tore towns to bits.
Australia's @climatecouncil pointed out that the storm was so unusual at least partly due to the influence of climate change, and that this is due to get worse.
https://t.co/76ekkfJpR8
I'm going to use brief snippets from my book to fill this out! The storm's primary impact on the grid was the destruction of several major transmission lines. When I say destruction - I mean they snapped like twigs.
Here's what happened in the following seconds:
- A voltage spike from the line falls
- Wind turbines automatically shut off due to software settings that trigger shutdown during a spike
- The interconnector to Vic tried to compensate, failed and died
- All of SA blacked out
On September 28, 2016, an unprecedented tropical storm progressed rapidly across South Australia. Truly - this thing was unusual. The sky folded in on itself. It tore towns to bits.
Australia's @climatecouncil pointed out that the storm was so unusual at least partly due to the influence of climate change, and that this is due to get worse.
https://t.co/76ekkfJpR8
I'm going to use brief snippets from my book to fill this out! The storm's primary impact on the grid was the destruction of several major transmission lines. When I say destruction - I mean they snapped like twigs.
Here's what happened in the following seconds:
- A voltage spike from the line falls
- Wind turbines automatically shut off due to software settings that trigger shutdown during a spike
- The interconnector to Vic tried to compensate, failed and died
- All of SA blacked out
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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
