@Starbucks, an advocate of disastrous “net zero” and "100% renewable" policies, positions itself as proof that these policies can work.
In fact, Starbucks’ stores, supply chain, and rapid expansion in China are mostly powered by fossil fuels.🧵
Starbucks is a major supporter of “net zero” and “100% renewable” policies. They are a founding member of the “Transform to Net Zero Initiative,” which pushes businesses and government to rapidly eliminate the fossil fuels that today provide 80% of the world’s energy.
To help justify its support of “net zero” and “100% renewable,” Starbucks portrays itself as well on its way toward these goals, with stores that are already powered by solar and wind energy.
Starbucks' portrayal of itself as pursuing and achieving “net zero” is deceiving in 3 ways. 1. Its stores are mostly fossil-fueled. 2. Its supply chain is mostly fossil-fueled. 3. Its rapid expansion in China is mostly fossil-fueled.
While Starbucks portrays its stores as powered by solar and wind, in fact most of its stores are largely powered by fossil fuels. For example Starbucks’ North Carolina stores are powered by this mix of electricity—largely fossil fuel, with little solar and wind.
How does Starbucks claim to have stores “powered by sunshine” when this is not true? Through the deception of “renewable electricity credits,” where Starbucks pays utilities to give them credit for others’ solar and wind use and give others the blame for their fossil fuel use.
Starbucks justifies taking credit for others’ solar/wind use by paying for solar and wind projects throughout the US. But 1) they use very little of the electricity they add, and 2) adding intermittent solar/wind electricity creates new costs and reliability problems for others.
Starbucks' and other companies’ desire to look good by paying for new solar panels and wind turbines contributed to the Texas blackouts. The Texas grid would have been in much better shape had it not shut down numerous reliable power plants in favor of unreliable solar and wind.
While @Starbucks PR focuses on how its stores are powered, most of the energy that goes into Starbucks coffee involves other parts of its supply chain that are mostly fossil-fueled. The company fails to quantify this in its impact report. stories.starbucks.com/stories/2021/s…
In 2020, Starbucks surpassed 4,400 stores across China. Starbucks is committed to opening “a new Starbucks location every 15 hours until the end of 2022.” China's electricity is over 60% coal. Clearly, Starbucks is prioritizing growth over reducing CO2 emissions.
The reality of @Starbucks’ energy usage is that Starbucks is dominantly using fossil fuels and will be dominantly using them for the foreseeable future. The reason is that in practice they rightly believe that the benefits of using fossil fuels outweigh the negative side-effects.
Starbucks' fossil-fueled behavior is much more rational than its climate catastrophe rhetoric. Fossil fuels have actually made us far safer from climate by fueling the amazing machines that protect us against storms, protect us against extreme temperatures, and alleviate drought.
Instead of leveling with the public about their current and likely future energy use being fossil fueled, @Starbucks is promoting baseless, dangerous claims that they and the world can go “net zero” or even “100% renewable” soon. This is incredibly irresponsible.
One other negative consequence of @Starbucks’ “100% renewable” advocacy is that it discriminates against nuclear energy—a form of non-carbon energy that has far more promising long-term potential than “renewable” solar and wind.
The biggest victims of @Starbucks' anti-fossil fuel, anti-nuclear push for “net zero” are poor people—both the poor in the US who are most harmed by rising energy prices, and above all impoverished people around the world who need fossil fuels to develop. energytalkingpoints.com/energy-poverty/
Starbucks’ energy deceptions and support of anti-fossil fuel, anti-nuclear policies are particularly shameful given that @Starbucks' leaders, including its Board members, like all wealthy people, directly and indirectly use huge amounts of fossil fuel.
The Chair of “100% renewable”-advocating @Starbucks’ Board, Mellody Hobson, “travels constantly” (read: huge oil usage) according to Vanity Fair, and according to the San Jose Mercury News is a “real estate baller” (read: owns many homes powered by fossil fuels).
Tell @Starbucks to stop deceiving the public about its energy usage, and above all to stop using its position to advocate deadly “net zero” and “100% renewable” policies that hurt the world’s poorest people most of all. forbes.com/sites/alexepst…
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I had experience today that I believe showcases how universities can and should foster the open discussion of ideas.
I spoke to Prof @RogerPielkeJr’s “Energy, Policy and Society” class about the future of fossil fuels.
Here are 4 things that impressed me about Roger’s class.
🧵
1. Expressing strong challenges and disagreements with politeness.
I was impressed by the fact that whatever the level of a given student’s (or Roger’s) apparent agreement or disagreement with me, they expressed themselves with politeness and nothing resembling personal attacks.
2. Understanding someone’s views before challenging them.
I was impressed by the several students who challenged me *based on an accurate portrayal of my views*.
This is in wonderful contrast to the “straw-manning” of controversial views that often occurs on campuses.
We are in the middle of a mass-propaganda campaign to deny the obvious fact that Joe Biden and other anti-oil politicians have unnecessarily driven up oil and gasoline prices by reducing the *supply* of oil through massive restrictions on oil production and transport.
THREAD
President Biden and other anti-oil politicians around the world are in a bind: they want the *prestige* that comes with their decades of restricting the production and transport of oil, but they do not want the *results*: voters angry about rising oil and gasoline prices.
Since November 2020, crude oil spot prices have doubled--rising from about $40/barrel to over $80/barrel and the avg price for regular gasoline has risen from $2.10/gallon to $3.30/gallon. These skyrocketing prices are contributing to low Presidential approval ratings.
Skyrocketing oil and gasoline policies are not a failure of the oil industry. They are the total failure of *anti-oil politicians*, who have artificially restricted the *supply* of oil with massive restrictions and threats to oil production and transport.
THREAD
Elizabeth Warren says gasoline prices are rising "because giant oil companies like Chevron and ExxonMobil enjoy doubling their profits." Joe Biden says "companies have not ramped up the supply of oil quickly enough."
These anti-oil politicians should blame themselves instead.
Contrary to rhetoric by Elizabeth Warren and others, oil and gasoline prices are not rising "because giant oil companies like Chevron and ExxonMobil enjoy doubling their profits." If oil companies could control prices they would have done so during often-unprofitable 2015-2020.
"despite the enormous growth in world population, deaths due to natural disasters plummeted over the 20th century....As author @AlexEpstein notes, fossil fuels didn’t take a safe climate and make it dangerous, they took a dangerous climate and made it safer." @RossMcKitrick
"Do city councils that issue climate emergency declarations begin ramping up disaster preparedness? Do they upgrade their drainage systems....No, more likely they just book tickets for an ever-larger delegation to whichever climate conference is coming up next..." -@RossMcKitrick
"When I think climate change, I think [Chinese] jobs."
--President Joe Biden
Here's why the reconciliation bill, aka "Build Back Better," will create mass "green joblessness." One of many reasons it should be called "Make Everything Worse." alexepstein.substack.com/p/talking-poin…
"Climate envoy" John Kerry is also clueless about energy jobs.
For my actual relationship to industry, which I am proud of, see this video.
I admire the Kochs and would be proud of being funded by them, provided they respected my independence--as I require of everyone I deal with.
But Koch hasn't funded me.
The only "evidence" I've seen offered for the "Koch-funded" lie is: 1. Koch supposedly gave my former employer a small contribution a long time ago. 2. Of the hundreds of speeches I have given, 4 have been to Koch-connected groups. 2 for free because I admire them.