EPISODE · Nov 2, 2023 · 11 MIN
These 2 Reasons Are Why NET ZERO Won't Work
from The Property Nomads Podcast · host Rob Smallbone & Aaron Devoy
Rob dives deep into the two reasons why achieving net zero emissions is not feasible. highlighting the lack of infrastructure in the world's electric grids to support the rapid growth of renewable energy, and the issue of cost, emphasising that the implementation of environmental initiatives often leads to increased expenses for consumers. KEY TAKEAWAYS The world's electric grids are currently incapable of supporting renewable energy goals, putting government's climate goals at risk. The lack of grid infrastructure is a major obstacle to achieving net zero emissions, as there is not enough capacity to accommodate the increased energy from renewable sources. In order to meet global climate goals, over 80 million kilometres of electric grids need to be added or refurbished by 2040, which is equivalent to the entire existing global grid. The lack of grid capacity is causing renewable power projects to be delayed, with thousands of gigawatts of renewable power waiting in grid connection queues. BEST MOMENTS "The world's electric grids are incapable of supporting renewable energy goals." "We haven't got the infrastructure in place to facilitate this movement properly." "We must do this as soon as possible, 2030, 2035, 2040. We must be a lean, green, electric fighting machine." "Net zero at present isn't going to work for two reasons. Number one, we don't have the grid infrastructure." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
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These 2 Reasons Are Why NET ZERO Won't Work
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