What is green energy and what is the future of the energy market in Australia and around the world‪?‬ Finance & Fury Podcast

Welcome to Finance and Fury, the Say what Wednesday edition. This week is another great Question from Phuong.
“What do you think about the future energy plans for Australia and the world in general?
I heard about the Government’s plan to build some gas station? do you think this is green energy and does it help with economic growth? I know we have some share in Uranium and lithium. do you think Australian Gov will ever consider nuclear energy?”
 
Thanks for the great question – pretty big topic – a lot of governmental energy policies are focused on climate change and CO2 emissions - Covered a lot of the background to this topic in previous episodes over the years – some of these were titled:
What is the real danger behind Climate Change? – went through the history of the climate change narrative – from back with global cooling in the 60s and the organisations behind constructing the narrative and who benefits Climate Agreements – An effective CO2 reduction strategy, or a money-making scheme? – looking at the financial incentives and economics of climate policies for big business Pay more in taxes, electricity prices and costs of goods, or the climate will change! - focusing on why CO2 is presented as the culprit and what this leads to in your everyday life – in this I did look at the better already available solutions that are being ignored Global Infrastructure plans in the name of climate change - Why then are the recommendations focused on changing Government accounting practices and risk-measures, along with opening the floodgates for redistribution spending? So if you want some more context – recommend going back and searching for those titles -  
However - In this episode – look at what is green energy, and what the future of the energy market in Australia may look like and why – versus what I think is the optimal outcome – next SWW episode – look at if the Aus Government plans, called the Gas-fired recovery can help with economic growth and the green energy plans
 
What is Green energy – it is considered renewable energy –
Renewable energy is energy that is collected from renewable resources - which are naturally replenished on a human timescale – these include under the definition energy sources such as sunlight, wind, rain, tides, waves, and geothermal heat – but why not gas and oil? A lot of people think that these are finite – lingering fallacy from the peak oil theory initially from 1956 – but the geologist who came up with this worked for Shell and was probably trying to create artificial demand for oil – which worked – However – there is a lot of information that actually backs up the idea that Earth is actually an oil-producing machine – the idea of oil being a fossil fuel – getting its name based around the assumption that oil and gas comes from decomposing dinosaurs and organic material now seems ridiculous – this the label is a misnomer – all the research from the last decade found that hydrocarbons are synthesized abiotically In other words all the data implies that hydrocarbons that make up oil and gas are produced chemically from carbon found in Earth's mantle – that is self-reproducing Science magazine and Nature magazine have released studies on this - calls the product of this process an "unexpected bounty " of "natural gas and the building blocks of oil products." – which the earthy naturally produces on an ongoing basis – oil and gas reservoirs replenish themselves The definition of human timescale is where the definition of renewable is narrowed down - Oil and Gas actually renews the reservoirs over time – we aren’t running out of oil and gas – they are technically renewable energies by the definition if you take human to be a generation or more – Engineering and Technology magazine says "with the use of the innovative technologies, available fossil fuel resources could increase from the current 2.9 trill