I have seen many many of you lose thousands in a day.
I have seen many gain thousands in a day(and lose it all again the next).
Clearly many of you have the income to fund/cover those incredible losses. What is your primary income?
Basically, the Paris agreement states that we must not allow for temperature increase above 1.5C. Aiming to achieve net-zero emission by 2050. I will try to calculate this using the 2025 Statistical Review of World Energy. Please correct Anything I may have got wrong.
Total Consumption: 592 EJ Coal: 165EJ Oil: 199EJ Natural Gas: 149EJ
From what I can tell the numbers for Coal, Oil, and Natural Gas are inflated since a lot of the energy is waste heat(this also applies to nuclear since they have so many restrictions they can only operate at 35% efficiency and the rest is waste heat). Anyways after accounting for those inefficiencies which renewable doesn't have in the data and since we are only aiming to replace the carbon emmiting energy sources not taking into account for nuclear:
225.05EJ(actually needed not waste heat). So currently that is a 305.05EJ(true world energy usage). Currently only about 25% of our energy comes from renewables such as nuclear, solar, hydro, ect (calculated using the 305.05EJ estimate).
removal of nuclear inefficiency to calculate true global energy requirement (also some recalcs of the others): 277.70EJ
global energy requirement grows around 1-2% a year. im gonna asume 1.5%. thats a 1.43x over 24 years(2050). This gives us a new requirement of 397.111 EJ total. This is the total amount of renewable energy we need by 2050 to be a carbon neutral world without including nuclear.
Not bad right? we are at 33EJ rn and we need to 11x that to meet the requirement with no growth to hydro or nuclear. When accounting for nuclear(11.5EJ after losses) and hydro(11EJ) we need to x7.15 it in 24 years.