Mangrove Investor

  • Home
  • About
    • About Mangrove Investor
    • About The Grove
    • Meet The Team
    • Mangrove Gives Back
  • The Grove
    • The Grove
    • Grove Articles
    • Grove Pod
    • Grove U
  • Memberships
  • My Account
    • My Account
    • My Subscriptions
    • Portfolio
    • Support
    • Log In
  • Log In

December 13, 2022 ·

Energy· The Grove

solar energy

It’s About Energy Security

There’s a big misunderstanding about the transition to renewable energy.

By Matt Badiali

This isn’t about climate change – at least not primarily. 

It’s about energy security. 

The Energy Information Agency (EIA), a global energy think-tank, defines energy security as “the uninterrupted availability of energy sources at an affordable price.” 

We don’t have that right now. For proof, just look at what happened to Texans during an ice storm in 2021: the storm kicked up the energy needs of the people living in the state, and the power grid buckled. Outages left millions without heat or clean water.  

This isn’t a new issue. In 1973, members of OPEC cut oil exports to countries that supported Israel during the 1973 Arab-Israeli War. It shook the U.S. market. Oil prices skyrocketed over 300%. Gasoline rations caused massive lines at gas stations. 

It led to speed limits on highways (55 miles per hour!) and a push towards better gas mileage in cars. And it focused a spotlight on energy security.

The countries that have secure energy production are more secure than the ones that do not. And that lesson played out right before our eyes again in 2022, when Russia blackmailed Europe with oil and gas. Russia used its oil exports leverage to keep Europe from interfering with its invasion of Ukraine. 

But the unintended consequence (and there are always unintended consequences) of that lesson was a boom in renewable energy projects. According to the EIA, the world will add 2,400 gigawatts of new renewable power by 2027. That’s enough to power all of China. 

Those projections blew the EIA’s previous forecasts out of the water.

Renewable power will account for 90% of global electricity power growth through 2027. And while detractors will wail about the “woke mob” and “Climategate,” they miss the real driver. You can get wind and sun anywhere. You don’t have to import it from bad actors like Russia, Saudi Arabia, or the like.

That’s why we’re seeing this massive boom. And that’s why all the folks who think renewable energy is a boondoggle are wrong. Energy security is more important than border security. Because if you can’t power your industry, keep your people warm and fed, then you are at the mercy of the people who can.

This is a phenomenon that will continue to grow. And that’s why renewable energy is a trend worth investing in.

Numbers to Know

50 Facts for 50 Years

FACTS ABOUT OUR PLANET – 50 FACTS FOR 50 YEARS – Georgetown students developed this list of 50 compelling facts about our planet as part of our effort to mark the 50th Anniversary of Earth Day. (Georgetown University)

2

The last two years in a row that the MotorTrend “Truck of the Year” has been electric. This years winner, the Ford F150 Lightning. (CNN)

6.3 Billion Tons

Amount of plastic that’s been thrown away as waste since the 1950s. That’s 78% of all the plastic produced. Today, chemical companies are trying to figure out how to minimize that impact. (Exponent)

What’s New in Sustainable Investing

Women are the Future of Sustainable Investing.

When it comes to investing, women have helped fuel the explosion of ESG into the mainstream. In one recent report, 79 percent of women said they want their investments to reflect their values.

States have pledged to pull more than $3 billion from BlackRock

Seven states in the last year that have pledged to pull more than $3 billion collectively from BlackRock. Arizona and North Carolina are the most recent states to call attention to BlackRock, which in recent years has positioned itself as an industry leader in ESG investing.

Links We Like

World Surf League (WSL) and WSL PURE announced the impact of the global We Are One Ocean (WAOO) initiative over the 2022 Championship Tour (CT) Season


The news this week has been abuzz with a nuclear fusion breakthrough. A lab produced a reaction that emitted more energy than it took in, a milestone in energy technology.  US Scientist reach nuclear fusion breakthrough – CNN


Airbus developing innovative cryogenic tanks to make hydrogen powered flight a reality. Storage tanks for a hydrogen-powered aircraft are an absolutely essential component, but they are completely different to those you might find on a traditional aircraft.

Previous Post: « New Energy Weekly – My friends are all having fun
Next Post: Spotlight Weekly – Federal Reserve Raised Rates »

Footer

Subscribe to The Grove for access to great freemium content and become a part of our community for positive change!

This field is for validation purposes and should be left unchanged.

1417 Sadler Road, #435
Fernandina Beach, FL 32034 US

Follow us on your favorite social media

  • Instagram
  • LinkedIn
  • Twitter
  • Disclaimer
  • Terms of Use
  • Privacy Policy

© 2025 Mangrove Investor. All Rights Reserved