Sri Lanka crisis 2022 example of oil exit failures

Hit hard by the breakdown in tourism caused by COVID-19, the higher price of oil comes as the next blow. The serious failures of the industrialized countries.

Download video: 1920x1080 82 MB Sri Lanka crisis PDF

August 1997, an article about the possibilities of lithium manganese batteries appeared in “Bild der Wissenschaft”. Today we know that this article was completely correct. However, the German car industry relied on “emissions cheating is cheaper than innovation”.

We take Sri Lanka as a prime example of the worldwide consequences of having delayed the change to renewable energy and electric mobility for 10 to 15 years.

00:00 Start
00:12 Export Import Oil Imports
01:06 Tourism revenues
01:34 Vehicle registrations
02:35 Electricity production
04:32 Photovoltaic power generation
05:04 Nearly US$350 million oil imports per month
06:39 Oil price in the last 5 years
07:44 Bild der Wissenschaft August 1, 1997
09:48 GELS - Global Economic Learders Summit September 2011
10:12 Keynote “We need an international organization for oil phase-out”
10:23 IEA WEO Oil Forecast from 2008 to 2030.
11:03 5 new Saudi Arabia must be found by 2030.
11:41 Failure will bring extreme oil prices and instability
11:53 1 million barrels short of market will bring US$20 more oil price
12:55 Replace oil demand with electricity from solar and wind
13:20 1 million barrels less demand means US$ 20 reduced price
13:53 1 million barrels less demand from 200 million electric scooters
14:10 1 million barrels less demand from 40 million electric cars
14:41 1 million barrels less demand from 25 million heat pumps
15:02 2% of global oil costs as budget
15:23 The cheapest way: change policies
16:35 Main task credits and investments
19:42 Stabilizing the global economy
20:08 Policy backstop on oil product price
21:06 Oil phase-out is the first step towards permanent civilization
22:50 End

Music: Andy Mangele

-250% CO2 emission until 350 ppm are reached again
	Less CO2 emission is much too little, even zero emission is insufficient. Only a planet renovation with large-scale CO2 filtering and splitting from the atmosphere will help.

Filtering and splitting CO2 from the atmosphere
	Due to their enormous space and water requirements, plants are unsuitable for the necessary reduction of the CO2 content in the atmosphere. There is no room for 37 million km² of growing forest.

390 PWh/year electricity for CO2 from the atmosphere
	Reduce the CO2 content with Power to Carbon, generate fuels with Power to Liquid and use CO2 for indoor plant cultivation to replace large-scale agriculture.

Carbon fiber becomes standard material for construction
	If we filter the 33.1 Gt CO2 emission of 2019 from the atmosphere and split it into C and O, we get 9 billion tons of carbon. What to do with it?

IPCC Report 2021: “Net Zero Emissions” Fairy Tale and its Devastating Consequences
	Constantly contradicting itself, the IPCC 2021 report adheres to the completely inadequate “net zero emissions” target. This can only be thinking prohibitions.

Green dogmatism and the destruction of the German photovoltaic industry
	How the dogma “the demand for electricity will decrease” led to extremely wrong targets, which led to the destruction of the German photovoltaic industry in 2013.

Why Germany is failing in the energy transition
	In the first decade of the new millennium, Germany was the great role model in the energy transition, why, on the other hand, the current EEG policy leads to disaster.

Destructive cult prevents functional energy transition
	A horror novel about a world without renewable energy and recycling delayed a workable energy transition and thus effective climate protection by decades.

Functional energy transition vs. German energy transition
	We have to denounce very hard the grotesque German energy transition in order to turn all the enemies of this grotesque into fans of a functional energy transition.

Paradigm changes – Profitability transitions – Culture shocks
	We can neither achieve energy transition nor stop climate change if we do not constantly review all parameters and abandon unsuitable views.