Social Cooling  

Posted by Big Gav in

This site has a look at how too much transparency for individuals is leading to "social cooling" as people begin to avoid taking positions that impact their social ranking - LIKE OIL LEADS TO GLOBAL WARMING... DATA LEADS TO SOCIAL COOLING.

When algorithms judge everything we do, we need to protect the right to make mistakes.

When everything is remembered as big data, we need the right to have our mistakes forgotten.


‘Coal is dead’ and oil faces ‘peak demand,’ says world’s largest investment group  

Posted by Big Gav in , ,

ThinkProgress echoes an interview in the AFR, noting coal is no longer of interest to investors and the sun is setting on oil as well - ‘Coal is dead’ and oil faces ‘peak demand,’ says world’s largest investment group.

“Coal is dead,” Jim Barry, the global head of BlackRock’s infrastructure investment group, explained in a recent interview. BlackRock, the world’s largest investment group, with $5 trillion in assets — more than the world’s largest banks — has begun to bet on clean energy. Why? “The thing that has changed fundamentally the whole picture is that renewables have gotten so cheap,” said Barry. No, the world’s coal plants are not going to all down shut tomorrow, Barry noted to The Australian Financial Review (subscription required). “But anyone who’s looking to take beyond a 10-year view on coal is gambling very significantly.”

BNEF: Electric Vehicles Will Soon Cost Less Than Conventional Cars  

Posted by Big Gav in

Bloomberg NEF is forecasting that up-front electric vehicles will match those of fossil fuelled cars by 2025 - Pretty Soon Electric Cars Will Cost Less Than Gasoline.

Now research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will also be cheaper to buy in the U.S. and Europe as soon as 2025. Batteries currently account for about half the cost of EVs, and their prices will fall by about 77 percent between 2016 and 2030, the London-based researcher said. “On an upfront basis, these things will start to get cheaper and people will start to adopt them more as price parity gets closer,” said Colin McKerracher. “After that it gets even more compelling.”

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