
Andy Cowan
18.4K posts

Andy Cowan
@avandyc
Only here to expose those who lie, and point those who may inadvertently believe them to the truth.




If you accepted the science of climate change, you would understand why further development of fossil fuels in the North Sea is not compatible with reaching global net zero.



The world keeps saying coal is dying. The data says otherwise. 8.77 billion tonnes🥇A new record. Coal is still the world's single largest source of electricity. 87% of global energy still comes from hydrocarbons. That massive blue block at the bottom? China alone consumes more coal than the entire rest of the world combined. China imports 5.2 mb/d of oil through Hormuz. China imports 20% of its LNG through the same strait. Both now disrupted and expensive. So what keeps China's factories running while Hormuz is closed? Coal. India is doing the same. The "energy transition" narrative looks very different when your oil supply just got cut off. For half the world, coal it's the backup plan. And the backup plan just got activated. Read my latest article to understand what this means for the market👇 open.substack.com/pub/themerchan…








































