China, Power, and CO2
Description
Recorded on September 18, 2024
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https://www.youtube.com/watch?v=Ayp_blmDYMI
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Episode 116 of the PetroNerds podcast is a compact heavy hitting PetroNerds special focussed on explaining the role of traditional fuels in the economy and the reality of power generation and CO2 emissions in the US and China. This is Trisha Curtis’ talk at the Dry Fork power plant in Gillette, Wyoming on September 18th, 2024 to state legislators from across the US who were visiting Wyoming’s energy facilities on behalf of the Wyoming Energy Authority.
Trisha walks legislators through the actual data of US oil and gas production, US oil and gas prices, the dramatic rise in electricity prices, the incredible decrease in US CO2 emissions, and the dramatic growth in Chinese CO2 emissions. Trisha explains that China not only has 1/3 of global power generation, they also have more coal fired power generation than the US has total power generation. And Chinese CO2 emissions and global CO2 emissions are rising as the US and states like Colorado look to aggressively decarbonize and decommission reliable baseload power generation from coal and natural gas.
Trisha does this all in 15 minutes. This is a fast paced heavy hitting podcast that you are going to listen to more than once and share with all of your peers. Trisha gave this presentation and talk as the CEO of PetroNerds and the economist for the American Energy Institute. She introduces this podcast with a brief introduction to discuss the decline in oil prices, the interest rate cut by the Federal Reserve, and China’s stimulus efforts which are not helping oil prices.