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A war that could lead us to renewables

3/1/2022

3 Comments

 
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Just as Russia invaded Ukraine, I happened to be reading the chapter about Ukraine in Simon Winchester’s book, “Land: How the Hunger for Ownership Shaped the Modern World.” It’s called “Death on the Rich Black Earth” and describes how as many as ten million people died of starvation in Ukraine when it was part of the Soviet Union under Stalin’s forced collectivization scheme. That’s quite a legacy, and Russia’s current ruler, V. Putin, seems to want to relive the past.

First, let me give honor to the thousands of Russians who took to the streets to condemn their own country’s actions across the border. Several thousand have already been arrested, and I’m guessing their sojourn in custody will not be pleasant.

Second, the latest report released Feb. 28 by the Intergovernmental Panel on Climate Change (IPCC) gives context to my comments below. It paints a grim and even apocalyptic picture of our climate future, and United Nations General Secretary Antonio Guterres condemned “the biggest polluters guilty of arson on our only home.” Undiplomatic language from the world’s top diplomat only underscores the crisis.

On the first night of Russia’s assault on Ukraine, I saw a commentator on Fox explaining why Putin didn’t invade while Trump was President – one of the reasons the commentator gave was that Trump’s policies aggressively promoted U.S. fossil energy production and export, thus reducing Europe’s dependence on Russia’s oil and gas.

I have been working for the past 7 years toward the goal of eliminating coal, oil and gas (methane) production in the U.S., so I vehemently disagreed with Trump’s policies, but the commentator’s remarks highlight dirty energy’s role in geopolitics.

Germany stopped certification of the Nord Stream 2 gas pipeline from Russia in response to Russia’s aggression, but the chief executive of the German utility Uniper said that, even without that pipeline in operation, half of Germany’s gas in January came from Russia. Russia supplies up to 40 percent of gas to Europe overall.

Russia’s economy is based on the export of oil and gas, which accounts for 40% of its federal budget. Oil and gas make up 60% of Russia’s exports. Big Oil companies like Exxon and Shell work with Putin-controlled Rosneft and Gazprom, the Russian state oil and gas companies, respectively. (BP just announced it’s off-loading its $14 billion stake in Rosneft.) Former ExxonMobil CEO – and former Trump Secretary of State – Rex Tillerson has had an especially close relationship with Putin.

With gas supplies reduced, Germany just announced it’s building two new liquefied natural gas (LNG) terminals to import the fuel from the West, which is music to the ears of U.S. producers.

There are currently seven LNG export terminals operating in the U.S., four of them along a small stretch of the Texas and Louisiana Gulf Coast. Twenty more have been approved by FERC, the Federal Energy Regulatory Commission. Meanwhile, the International Energy Agency – a conservative body established in the wake of the oil crisis of 1973 – said in May of last year that to prevent a true climate catastrophe, there should be no new fossil fuel projects after 2021.

But there’s another possible outcome: that the conflict will encourage the growth of renewable energy. According to Inside Climate News, “As stocks plummeted on Thursday in reaction to Russia’s invasion, the European Renewable Energy Index surged as much as 9.3 percent. It was the biggest stock jump since the pandemic lows of March 2020 and posed a stark contrast to the European market’s collapse. In the United States, individual renewable energy companies also saw massive gains. When the market closed Thursday, the stock price for Sunrun Inc., an American company that provides residential solar panels and batteries, had skyrocketed nearly 22 percent. Conversely, stocks for oil majors like BP, Chevron and ExxonMobil all remain down after a major price drop on Wednesday.”

Then there is the legacy of another form of toxic energy, the shuttered but still radioactive Chernobyl nuclear plant complex, which the Russian military apparently now controls. The thought of a nuclear incident – there or at one of Ukraine’s four remaining nuclear power plants with a total of 15 reactors – should give us all pause. Not to mention Putin’s nuclear weapons saber-rattling, to use a quaintly outmoded phrase.
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Militaries around the world – with the U.S. far in the lead – consume vast amounts of oil and gas even in peacetime, and a war greatly increases that consumption, with dire consequences for the climate. An additional benefit of growing our global renewables is that no one will be dependent on another country for energy that comes with the deadly impacts we’re seeing right now.


3 Comments
Adrienne Lauby link
3/1/2022 08:10:32 pm

Thank you for this , Melinda. I feel your kind heart and hopeful attitude-- which is very welcome. As well as your expertise in this area.

Reply
Lyn Shaw
3/2/2022 03:59:09 am

TELL IT, Melinda. Your hopeful perspective on the growth of renewables is a beam of light during this dark time.

Reply
Andrew Williams link
11/15/2022 04:27:13 am

Industry huge movement.
Majority another policy structure yeah magazine. Discussion pattern spring college week.
Participant east purpose million. Class provide bad plant like interesting.

Reply



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    Melinda Tuhus

    Welcome to my blog, Leaves and Fishes. It connotes that I'll  often be blogging about environmental issues, though certainly not exclusively. It also references the idea that when people pool their resources -- even if meager --  generous and equitable outcomes can result. Finally, since  "leaves" and "fishes" are both nouns and verbs, I hope to have fun with the words I write. 

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