From: Douglas Grandt answerthecall@me.

com
Subject:The writing is on the wall! What is your endgame plan?
Date:August 20, 2018 at 7:08 PM
To:Brian Hughes (Senate ENR-R) Brian_Hughes@energy.senate.gov, Mary Louise Wagner (Senate ENR Ctee-D)
MaryLouise_Wagner@energy.senate.gov, Melissa Enriquez (Senate ENR-R) Melissa_Enriquez@energy.senate.gov,
David Poyer (Senate ENR-D) david_poyer@energy.senate.gov, Suzanne Cunningham (Senate ENR-R)
Suzanne_Cunningham@energy.senate.gov, Scott McKee (Senate ENR-D) Scott_McKee@energy.senate.gov
Cc: U. S. Senator Bernie Sanders senator@sanders.senate.gov, Michaeleen Crowell (Sen. Sanders)
Michaeleen_Crowell@sanders.senate.gov, Katie Thomas katie_thomas@sanders.senate.gov, Sarah Vorpahl
Sarah_Vorpahl@sanders.senate.gov

The writing is on the wall: the end of oil is near.

Demand Oil & Gas CEOs make endgame plans.

By Josie Rhodes Cook | August 13, 2018 | Bit.ly/Inverse13Aug18

Dear Chairman Murkowski and Ranking Member Cantwell,

.
I call upon you to call CEOs of the Oil & Gas industry to the Senate ENR hearing room to explain why
they have not shared the results of their secret analyses and contingency plans that will affect every
American in the face of changing energy landscape, especially when their silence is not in the National
and Public Interest.
.
It is incumbent upon the Senate Energy and Natural Resources Committee to rise above the failure of
S.2012 and S.1460, revert to square one, and create an plan that is truly bipartisan and responsible.
.
I suggest the moniker W.E.C.A.R.E. for World Energy Crisis Aversion and Readiness Endgame.
.
You are not prepared for the end of Oil & Gas. Act now to implement meaningful energy policy that
precludes laissez-faire action that fulfills fiduciary duty but violates National and Public Interest.
.
Please read the following short article and consider your options and legacies.
.
Sincerely yours,
Doug Grandt
Putney, VT
Putney, VT

Renewable Energy Could "Effectively Be Free" by 2030,

Says UBS Analyst
Cheap, clean energy is the way of the future for industry.

By Josie Rhodes Cook | August 13, 2018 | Bit.ly/Inverse13Aug18

A research analyst at Swiss investment bank UBS believes the cost of energy
renewables could be so near to zero by 2030 “it will effectively be free,”
according to a projections published on Monday. If renewables could soon be
cheaper than all the alternative energy sources, and that this “is great news for
the planet, and probably also for the economy.”

The analysis, published in the Financial Times, explains that solar and wind farms
are getting bigger, and that the potential of this sort of cheap, green energy is far-
reaching and will only get cheaper. “In 2010, using solar power to boil your kettle
would have cost you about £0.03,” the analyst writes in FT. “By 2020, according
to estimates by our research team at UBS, the cost will have fallen to half a
penny.” And just ten years later, the costs will be so minuscule, it will practically be
free.

In mid-July, two of the biggest economies in Europe, the United Kingdom and
Germany, set new records for clean energy, Quartz reports. It makes sense that
companies would want to get ahead of the changes. As one example, last week,
the Danish wind energy company Orsted entered into an agreement to acquire
Lincoln Clean Energy (LCE), a US firm that develops, owns, and operates wind
farms, CNBC reports.

“The fundamental economics of the industry are indeed changing,” the Financial
Times article explains. In the past, wind and solar have relied on subsidies. But
recently, some wind and solar projects have appeared that donʼt need a subsidy
or tax break to be viable. Thatʼs changed the energy game.

Now, renewable energy has a better chance of relying on innovation rather than
subsidies, and companies are competing to secure the best sites for renewable
projects. This race for the best, most cost-efficient energy projects is good for the
industry, the economy, and the planet.

https://www.inverse.com/article/48017-by-2030-renewable-energy-costs-will-be-effectively-zero-
says-ubs-researcher