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Kevin J. Kircher @kevinjkircher.com · 29 minutes ago
Of the remaining 88% of US final energy, 83% is fossil fuels and 5% is biofuels, which are about as bad as fossil fuels. I believe the permitting bill would likely have real benefits for wind and solar (2.5%), as well as geothermal (0.07%). But these combine to just 2.57% of US final energy.
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Kevin J. Kircher @kevinjkircher.com · 32 minutes ago
As we think through the potential benefits and risks of the permitting bill, it's worth remembering that electricity is 18% of US final energy. Non-fossil electricity is 7%. Wind is 1.8%. Solar is 0.7%. The permitting bill would affect the whole energy industry. A big game with high stakes.
Sankey diagram showing energy flows in the US economy.
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Kevin J. Kircher @kevinjkircher.com · about 1 hour ago
I'm thinking about spending a class or two on the Strait of Hormuz closure, how oil prices and demand have responded, what's different between this and previoius oil shocks (hi, EVs), and what this example can teach us about how effective is might or might not be to constrain fossil fuel supply.
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