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The Energy Transition We Really Should Be Focusing On

by Zero Hedge
October 28, 2024
in Aggregated, Opinions
The Energy Transition We Really Should Be Focusing On

The long story of human energy use revolves around two letters: H and C. These letters represent a pair of elements: hydrogen and carbon. Bonded together, they form hydrocarbons. Dating back to antiquity, this is what humanity has burned to unlock the energy that has allowed our species to thrive. Wood heated our shelters and cooked our foods. Coal fueled our power plants to electrify much of civilization. Oil provided an energy-dense fuel to move us rapidly from place to place. Cheap natural gas heats modern homes and is now replacing coal in power plants.

Over time, humanity has transitioned from hydrocarbons with a high proportion of carbon to ones with more hydrogen – truly “decarbonization.” Wood is roughly 10 Cs to 1 H. Coal is 1 to 1. Oil is 1 to 2. Natural gas is 1 to 4. The beauty of this evolution is that our energy sources have grown much, much cleaner over time. When burned, hydrogen transforms into water vapor and heat. The more hydrogen utilized in our energy mix, the better life is for living things on Earth.

For hundreds of years, the energy transition from C to H proceeded in earnest. Coal mostly supplanted wood in the U.S. around 1900 and in the world around 1935. Oil dominated coal in the U.S. around 1950 and in the world around 1970. Natural gas and nuclear were due to reign next, progressing up the hydrogen ladder. But unfortunately, around 1970, the steady escalator to cleaner fuels abruptly ceased.

Jesse H. Ausubel, Director of the Program for the Human Environment and Senior Research Associate at The Rockefeller University in New York City, revealed the disconcerting trend.

“A substitution process that had proceeded happily and unnoticed for about 200 years came to a halt, in fact slightly reversed in the USA and flatlined globally for about 50 years,” he said in a talk given earlier this summer. […]

— Read More: www.zerohedge.com






At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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