Keyword: energy
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Here in New York we have our own unique and special acronym for how we think we are going to make our future emissions-free electrical grid work with predominantly wind and solar generation. The acronym is DEFR — the “Dispatchable Emissions-Free Resource.” When the sun goes down and the wind stops blowing in the dead of winter, we will crank up the DEFR to keep us all warm and cozy. There will of course be zero carbon emissions, because by definition the DEFR is “emissions-free.” Unfortunately nobody is quite sure what this DEFR might be. There are only a few...
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From the left: Progressive Moment Is Done “The progressive moment is well and truly over,” argues the Liberal Patriot’s Ruy Teixeira — because many of its ideas “were pretty terrible and most voters, outside the precincts of the progressive left itself, were never very interested in them.” For example, “loosening restrictions on illegal immigration was a terrible idea and voters hate it.” So too with “promoting lax law enforcement and tolerance of social disorder,” “insisting that everyone should look at all issues through the lens of identity politics” and “telling people fossil fuels are evil and they must stop using...
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It’s the ultimate paradox: New Mexico may be the richest poor state in the nation. Our state is blessed with incredible natural resources, particularly oil and natural gas, yet it suffers from some of the highest poverty rates. While the state’s government enjoys record-high revenues, its families aren’t necessarily seeing the same benefits. That’s why it’s important to remember this election will be pivotal in determining whether this imbalance will be corrected or exacerbated. State government coffers continue the trend of overflowing as they have for years. In 2019, Gov. Michelle Lujan Grisham’s first year in office, New Mexico’s budget...
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Last week, Phillips 66 said it would shut down its Los Angeles oil refinery by the end of next year. Now, refining peer Valero Energy Corp is suggesting it could be next. Valero, the United States’ second-largest refiner by capacity, is keeping all options “on the table” for its two California refineries. According to the company’s Chief Executive Lane Riggs, this is due to the increasing regulatory pressure that has pervaded California.
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Increased use of natural gas for power generation has made the United States more dependent on fossil fuels for its electricity supply this year than China, the world’s top carbon emitter.Since June 2024, high U.S. summer electricity demand has been mostly met by increased gas-fired power generation, while a rebound in hydropower in China has limited to some extent the share of coal in its electricity supply.As a result, fossil fuels – including natural gas and coal – have had an average share of 62.4% of total electricity output in the United States since June. This compares to a lower...
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Forty-five GOP lawmakers are demanding answers from the Department of Energy (DOE) after a government watchdog group accused the agency of covering up a key study that would have interfered with one of the Biden-Harris administration’s most aggressive crackdowns on fossil fuels. The lawmakers wrote to Energy Secretary Jennifer Granholm on Thursday to address a watchdog’s allegations that her agency conducted or drafted — and then quietly buried — a study on the emissions impacts of liquefied natural gas (LNG) exports in 2023 before pausing approvals for certain LNG export terminals in January on the grounds that the... the agency...
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The Biden-Harris administration is allegedly covering up an internal study conducted in 2023 that would have rendered its moratorium on natural gas projects unnecessary, according to leaders on the House Oversight and Accountability Committee. The White House and the Department of Energy paused permitting for liquefied natural gas export projects in January—a policy critics said would cost the U.S. economy billions of dollars and hundreds of thousands of jobs—to allow time for a federal study on those projects' environmental, economic, and national security impacts. That study, according to federal officials, wouldn't be completed until early 2025, effectively throwing the brakes...
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Big tech is going big on nuclear, with Amazon becoming the newest addition to the club with a $500 million deal, joining Microsoft, Google, and Oracle by investing in nuclear projects to support surging data-center energy demand.With powerful advances in generative AI, the US has become the fastest-growing market for data centers, according to McKinsey, which forecasts demand to more than triple by 2030 to 80 gigawatts. The boom has sent stock prices of nuclear-energy companies soaring, briefly making utilities the best-performing sector of the S&P 500 Index this year.Going nuclear As commercial nuclear-power plants went global in the 1970s...
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Vice President Kamala Harris would not support an expansion of fossil fuel drilling despite her recent campaign boasts about domestic oil production under the Biden administration. "Just to be clear, Vice President Harris hasn’t said anything that the administration hasn’t already said. She is not promoting expansion [of fossil fuel drilling]. She’s just said that they wouldn’t ban fracking," Camila Thorndike, Harris’ climate engagement director, said in an interview with Politico. The comments come as Harris has continued to face questions about her stance on energy production, going from supporting a ban on fracking just five years ago to touting...
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Cuba's government said late on Saturday it had restored power to nearly one-fifth of the island's people after the national grid collapsed twice in 24 hours, plunging millions of people into darkness. The unprecedented nationwide blackout is the latest blow in the nation of 10 million, already suffering from dramatic shortages of food, medicine and fuel. Cuba's top electricity official, Lazaro Guerra, said the grid operator was working to restore electricity but that the process would be slow and rushing the job could lead to more blackouts and a deterioration of service. "I cannot assure you that we will be...
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Europe’s electricity has become so expensive that trade unions have started warning of the threat of deindustrialization. Deepening Europe’s crisis, the Biden administration has announced a pause in liquefied natural gas export license approvals. U.S. policymakers should heed warnings from Europe, and embrace a policy of making American electricity once again the most reliable and affordable on Earth. Copied After years of misguided energy policies, Europe’s electricity has become so expensive that trade unions have started warning of the threat of deindustrialization. The warning will hopefully prove a salutary one for the U.S., which is now headed down the same...
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About 13,000 customers in Northern California woke up without electricity Friday after Pacific Gas and Electric shut off power to prevent its equipment from sparking wildfires amid dry weather and strong winds expected to last through part of the weekend. . . . Targeted power shutoffs were also possible in Southern California, where another notorious weather phenomenon, the Santa Ana winds, are expected Friday and Saturday.
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When the rubber met the road and the progressive climate change warriors in Silicon Valley needed energy to power their AI and data centers, you might be surprised to learn they didn’t opt for the “renewable” energy technologies they’ve been forcing down our throats (wind turbines and solar panels), using the weight of big government, but instead went for…reliability and affordability. Or maybe it’s not all that unexpected, considering these are the same people who fly from climate conference to climate conference in personal private jets and gorge themselves on Kobe beef while calling on us to limit ourselves to...
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This is a summary generated by ChatGPT. RethinkX reveals the shocking exponential growth of battery storage worldwide (00:00) Battery storage is growing faster than any other industry worldwide, driven by demand from solar and wind energy. (00:35) Tony Seba and RethinkX reveal that battery storage is expanding at an unprecedented pace, positioning companies in the sector for potential billions in profit. (01:04) The combination of solar and batteries is now the cheapest energy source globally, surpassing traditional fossil fuels. (02:05) By 2030, it will be possible and affordable to meet 100% of global electricity demand through solar, wind, and batteries,...
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Pacific Gas and Electric warned Tuesday it could cut power in five Bay Area counties beginning on Thursday due to dry and windy weather conditions that could heighten the wildfire risk across that state, according to the utility's website. In all, 30 California counties could face Public Safety Power Shutoffs from Thursday through Sunday, including Alameda, Contra Costa, Napa, Solano and Sonoma counties in the Bay Area. Thursday into Saturday, a storm system known as an “inside slider” is expected to impact California. Unlike weather systems that come off the Pacific Ocean, this system is expected to track across inland...
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In a devastating blow to the Democrat’s Green New Deal agenda, the solar panel farm at Lake Placid, Florida, was ripped apart by Hurricane Milton, exposing the inherent vulnerabilities of relying on so-called “green energy.” The 380-acre Lake Placid Solar Power Plant, was meant to symbolize the future of energy, but after Hurricane Milton’s landfall, it now stands as a symbol of the failures of environmental utopianism. The 45-megawatt (MW) plant consists of approximately 180,000 tracking solar panels. This solar facility, touted for its ability to power over 12,000 homes at peak production, was ravaged by the storm’s extreme conditions....
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Prices for generators, transformers, and other utility components are soaring. Hurricane Helene (and now Milton) will make the problem worse.. The reports about the damage caused by Hurricane Helene and the amount of water dumped on the region by the storm are gobsmacking. Last week, my friend, Jimmy Fortuna, an energy industry executive who lives in Asheville, sent me a text. He said, “Brother, I’m telling you, it’s like God’s own bulldozer went down these mountains and valleys. Maybe it did. Whole sections of town in Asheville and some whole towns in the mountains around us turned into mud flats.”...
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Electricity rates in U.S. states have diverged sharply in recent decades. In 2004 residential electricity in the five most expensive states was only twice as expensive on average as in the five most affordable states. Today it is 160% more expensive. What explains the difference? State policies. Eight of the 10 most costly states have enacted renewable portfolio standards, “net zero” carbon-emission mandates, and regional cap-and-trade schemes. All eight are controlled by Democrats. New York gets special honors. The Empire State has refused to develop the prodigious shale gas resources that have enriched Pennsylvania. And it has blocked construction of...
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This will result in the loss of supplies of about 6 bln cubic meters of natural gas to the EU in the first quarter of 2025 alone, the International Energy Agency noted MOSCOW, October 3. /TASS/. The International Energy Agency (IEA) views the risk of full stop of Russian gas supplies to Europe via Ukraine as significant after 2024 and includes it into its forecast for the gas market in the next year. "The future of Russian gas transit via Ukraine is a key uncertainty ahead of the 2024/25 winter, as Russia’s gas transit contract with Ukraine expires at the...
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For years, world leaders have accused Russia of funding environmental groups in Europe to steer nations away from energy independence and strengthen Russia’s iron grip over the continent. As nations across the globe begin shunning Russian oil in response to the country’s invasion of Ukraine, U.S. leaders are also questioning how deep Russia’s ties go in the environmental community. "The Russians actually fund some of the most rabid environmental groups in Europe because they sic them on the energy projects that aren’t Russian," James Carafano, vice president of the Kathryn and Shelby Cullom Davis Institute for National Security and Foreign...
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