𝙄𝙣 𝙢𝙤𝙙𝙚𝙧𝙣 𝙝𝙞𝙨𝙩𝙤𝙧𝙮, 𝙖𝙣 “𝙚𝙣𝙚𝙧𝙜𝙮 𝙩𝙧𝙖𝙣𝙨𝙞𝙩𝙞𝙤𝙣” 𝙝𝙖𝙨 𝙣𝙚𝙫𝙚𝙧 𝙩𝙖𝙠𝙚𝙣 𝙥𝙡𝙖𝙘𝙚, 𝙚𝙣𝙚𝙧𝙜𝙮 𝙨𝙤𝙪𝙧𝙘𝙚𝙨 𝙬𝙚𝙧𝙚 𝙤𝙣𝙡𝙮 𝙖𝙙𝙙𝙚𝙙

I was honoured to be part of the review panel of this important paper by my friend Lars, an Energy expert who bases his views on facts and data, not leaning to magical thinking nor fashion.

Boston Consulting Group (BCG) recently issued a new report “A Blueprint for the Energy Transition 2023” – I [Lars] took the time and responded to 9 key points that I felt need clarification, are inconsistent with current scientific knowledge, or incompatible with energy economic principles.

Main points:

𝙄𝙣 𝙢𝙤𝙙𝙚𝙧𝙣 𝙝𝙪𝙢𝙖𝙣 𝙝𝙞𝙨𝙩𝙤𝙧𝙮, 𝙪𝙣𝙩𝙞𝙡 2023, 𝙖𝙣 “𝙚𝙣𝙚𝙧𝙜𝙮 𝙩𝙧𝙖𝙣𝙨𝙞𝙩𝙞𝙤𝙣” 𝙝𝙖𝙨 𝙣𝙚𝙫𝙚𝙧 𝙩𝙖𝙠𝙚𝙣 𝙥𝙡𝙖𝙘𝙚, 𝙚𝙣𝙚𝙧𝙜𝙮 𝙨𝙤𝙪𝙧𝙘𝙚𝙨 𝙬𝙚𝙧𝙚 𝙤𝙣𝙡𝙮 𝙖𝙙𝙙𝙚𝙙.

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The graph below demonstrates that coal never replaced the old biomass-based world, nor did #oil or #gas replace coal. Even “#renewables” never ad nor will replace any preceding energy sources but simply continue(d) to add to energy sources.

There is a fundamental 𝙙𝙞𝙛𝙛𝙚𝙧𝙚𝙣𝙘𝙚 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 “𝙩𝙧𝙖𝙣𝙨𝙞𝙩𝙞𝙤𝙣” 𝙖𝙣𝙙 “𝙖𝙙𝙙𝙞𝙩𝙞𝙤𝙣” 𝙖𝙣𝙙 𝙩𝙝𝙞𝙨 𝙞𝙨 𝙤𝙛 𝙪𝙩𝙢𝙤𝙨𝙩 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙖𝙣𝙙 𝙚𝙣𝙫𝙞𝙧𝙤𝙣𝙢𝙚𝙣𝙩𝙖𝙡 𝙞𝙢𝙥𝙤𝙧𝙩𝙖𝙣𝙘𝙚!

Since a higher cost of energy has direct and detrimental implications for any industrial development, as well as human well-being, especially in developing countries, why does it seem that these factors are not being considered?… for example here:

“𝘖𝘪𝘭 𝘢𝘯𝘥 𝘨𝘢𝘴 𝘮𝘶𝘴𝘵 𝘣𝘦 𝘱𝘩𝘢𝘴𝘦𝘥 𝘥𝘰𝘸𝘯 𝘳𝘢𝘱𝘪𝘥𝘭𝘺, 𝘣𝘶𝘵 𝘴𝘦𝘭𝘦𝘤𝘵𝘪𝘷𝘦 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵𝘴 𝘸𝘪𝘭𝘭 𝘴𝘵𝘪𝘭𝘭 𝘣𝘦 𝘯𝘦𝘤𝘦𝘴𝘴𝘢𝘳𝘺. 𝘞𝘦 𝘮𝘶𝘴𝘵 𝘴𝘸𝘪𝘧𝘵𝘭𝘺 𝘱𝘩𝘢𝘴𝘦 𝘰𝘶𝘵 #𝘤𝘰𝘢𝘭. 𝘏𝘰𝘸𝘦𝘷𝘦𝘳, 𝘮𝘰𝘴𝘵 𝘯𝘦𝘵 𝘻𝘦𝘳𝘰 𝘴𝘤𝘦𝘯𝘢𝘳𝘪𝘰𝘴 𝘤𝘢𝘭𝘭 𝘧𝘰𝘳 𝘰𝘪𝘭 𝘢𝘯𝘥 𝘨𝘢𝘴 𝘴𝘶𝘱𝘱𝘭𝘺 𝘪𝘯 2030 𝘦𝘲𝘶𝘪𝘷𝘢𝘭𝘦𝘯𝘵 𝘵𝘰 50% 𝘵𝘰 80% 𝘰𝘧 2021 𝘴𝘶𝘱𝘱𝘭𝘺 𝘢𝘯𝘥 15% 𝘵𝘰 30% 𝘪𝘯 2050” – 𝘉𝘊𝘎

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My response was sent to the authors of the BCG report on 24th September. I am hoping to hear soon and look forward discuss more with BCG about their “A Blueprint for the Energy Transition 2023” as well as #energyeconomics in general.

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Please read my full response to the mentioned report and let´s have the much needed discussions regarding our #environment, the future of our children and the planet

Follow me for more on this report and more like it. I will ask the questions other daren´t ask.

BCG Report – https://lnkd.in/e2TPRJSM

Lars Response to BCG – https://lnkd.in/eJTS9342