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Keyword: energy

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  • Get Ready for More Obama-Era Green Energy Scams

    01/19/2021 5:36:52 AM PST · by Kaslin · 13 replies ^ | January 19, 2021 | Stephen Moore
    With Democrats about to control all the levers of power in Washington, the biggest winners might be the wind and solar companies. These firms' stocks continue to surge mostly because President-elect Joe Biden has pledged to invest several hundred billion dollars in green energy through a pipeline of taxpayer-funded grants, loans, tax credits and loan guarantees. This game plan looks suspiciously like a replay of the litany of green "stimulus" fiascoes that Biden piloted as vice president back in 2009 with the $800 billion Obama stimulus plan. The experiment in the government as an investment banker belly-flopped with embarrassing failures...
  • Coal powers China: While the West wages war on coal, hydro-carbons power China’s industrial and military might

    01/18/2021 6:51:59 AM PST · by SeekAndFind · 15 replies
    American Thinker ^ | 01/18/2021 | Viv Forbes
    While the West wages war on coal, hydro-carbons power China’s industrial and military might. China uses massive amounts of coal to generate electricity, smelt metals, and manufacture cement -- they generate almost twice as much electricity as the USA, and two thirds of that is coal-powered. In China, wind power is a token 5% (probably earning carbon offsets from western shysters). But the stop-start power from wind/solar is not allowed to interrupt reliable base-load generators like coal. In Australia, wind and solar are promoted, protected and subsidized. Their variable output requires quick-start electricity from gas, hydro or batteries to maintain...
  • Analysts raise EU carbon price forecasts after bull run

    01/18/2021 4:17:07 AM PST · by Oldeconomybuyer · 8 replies
    Reuters ^ | Januar 18, 2021 | By Susanna Twidale
    LONDON - Analysts have raised their European carbon market average price forecasts for 2021 and 2022 after record highs this month on growing confidence in the EU’s Emissions Trading System (ETS) and soaring gas prices that drove up the cost of carbon permits. EU Allowances (EUAs) are expected to average 39.24 euros a tonne in 2021 and 46.24 euros in 2022, according to a Reuters survey of eight analysts. That is up 3.6% and 11.1% respectively from forecasts in October. The price of EU carbon permits has risen almost 40% since the beginning of November on momentum that built ahead...
  • Report: Joe Biden to Cancel Keystone XL Pipeline Permit on Day One

    01/18/2021 1:19:56 AM PST · by USA Conservative · 31 replies
    Breitbart ^ | 01.18.2020 | JOEL B. POLLAK
    President-elect Joe Biden plans to cancel the permit for the Keystone XL pipeline on his first day in office, according to several news sources. The decision delighted advocates of the so-called “Green New Deal,” but will disappoint Biden’s own political allies in the trade union movement, who had backed the pipeline for the thousands of jobs it would create. As Breitbart News reported last year: The Keystone XL pipeline would run from Canada’s oil sands in Alberta across the border and into Nebraska. From there, the oil would be pumped through existing pipelines to refineries in the Gulf of Mexico....
  • Keystone XL Oil Project Pledges Zero Carbon Emissions

    01/17/2021 6:47:02 PM PST · by karpov · 15 replies
    Wall Street Journal ^ | January 17, 2020 | Timothy Puko
    WASHINGTON—The Keystone oil pipeline’s developer plans to announce a series of overhauls—including a pledge to use only renewable energy—in a bid to win President-elect Joe Biden’s support for the controversial project. Aides to Mr. Biden have previously said he plans to revoke the permit, and Canada’s CBC News reported late Sunday that Mr. Biden plans to do so in one of his first actions after taking office this week. Mr. Biden’s team declined to discuss that report, but has said his position on the pipeline hasn’t changed. In a bid to save the project, Canada’s TC Energy Corp. is committing...
  • California secretly struggles with renewables

    01/17/2021 5:40:22 PM PST · by george76 · 37 replies
    CFACT ^ | January 16th, 2021 | David Wojick
    California has hooked up a grid battery system that is almost ten times bigger than the previous world record holder, but when it comes to making renewables reliable it is so small it might as well not exist. The new battery array is rated at a storage capacity of 1,200 megawatt hours (MWh); easily eclipsing the record holding 129 MWh Australian system built by Tesla a few years ago. However, California peaks at a whopping 42,000 MW. If that happened on a hot, low wind night this supposedly big battery would keep the lights on for just 1.7 minutes (that’s...
  • Record Cold of 2021 Reminds Us: Be Wary of Climate Predictions and Energy Priorities

    01/17/2021 7:37:54 AM PST · by Kaslin · 26 replies ^ | January 17, 2020 | Vijay Jayaraj
    Japan reported 13 deaths and hundreds of hospitalizations in the past week due to the intense snowfall in the country. Residents in Spain were in awe over the record snowfall in their streets. Here in India, Delhi experienced one of its harshest winters in recent memory, with intense cold waves.Does this disprove global warming? Certainly not! However, the extreme cold events bring about questions over the media narrative that climate change is causing milder winters and temperatures increasing to dangerous levels.The most worrying aspect is that these extreme cold events are a reminder that we could be in great danger...
  • Xcel Energy paying $41M to get out of Colorado solar power experiment

    01/16/2021 6:33:46 PM PST · by george76 · 37 replies
    Denver Business Journal ^ | 1/15/2021 | Greg Avery
    Xcel Energy wants to stop buying electricity from the world’s largest high-concentration solar energy plant, located in the San Luis Valley, and it will pay $41 million to the federal government to do it. The utility company has been purchasing power from the 30-megawatt solar plant in southern Colorado since 2012, when the federally backed project was one of the first of its kind and the largest using the technology anywhere. But parts on the solar farm have been starting to fail and there are no ready replacements — and the project’s owner, Kepco Solar of Alamosa LLC, tells Xcel...
  • Near power grid blackout in Europe before Nationwide electricity collapse in Pakistan – What’s plunging millions of people in the dark around the world?

    01/14/2021 8:07:19 AM PST · by Roman_War_Criminal · 42 replies
    Strange Sounds ^ | 1/13/21 | SS
    A near power grid outbreak on January 8, 2021 cut Europe’s power grid into a south-eastern and a north-western part for about an hour was described as one of the most critical near-blackout situations since the region’s last major blackout in 2006. A day after, on January 9, 2021, Pakistan and most of its 210 millions inhabitants were plunged into darkness during several hours. This was Pakistan’s second major power breakdown since May 2018, when the country remained without electricity for more than nine hours. A disturbance in the synchronised European high-voltage power grid on Friday, 8 January 2021, resulted...
  • Statement from the Press Secretary Regarding Small Modular Reactors for National Defense and Space Exploration

    01/12/2021 9:04:25 PM PST · by ransomnote · 11 replies ^ | January 12, 2021 | White House Press Secretary
    Today, President Trump is issuing an Executive Order on Promoting Small Modular Reactors for National Defense and Space Exploration, which will further revitalize the United States nuclear energy sector, reinvigorate America’s space exploration program, and produce diverse energy options for national defense needs.The United States has used transportable nuclear reactors for nearly 70 years for functions like propelling aircraft carriers through the sea and enabling submarines to stay underwater for long periods of time. Using small modular reactors for national defense and space exploration will allow the United States to maintain and advance our leadership and dominance across space and...
  • B.C.'s Site C hydro power boondoggle shows real cost of 'clean' energy

    01/11/2021 8:56:01 PM PST · by Pining_4_TX · 16 replies
    Financial Post ^ | 01/06/21 | Terence Corcoran
    If you’re looking for an example of green and clean energy policy in action, let’s take a walk around British Columbia’s massive $10-12-billion hydro dam project. Officially described as the “Site C Clean Energy Project” by its developer, B.C. Hydro, the project on the Peace River — some 1,185 kilometres by flying crow north of downtown Vancouver — is unfortunately a little messy and unstable at the moment, so watch your footing, and your wallet. Under foot, according to Premier John Horgan, “there is instability on one of the banks of the river.” Early last year B.C. Hydro identified “structural...
  • Joe Biden should celebrate, not demonize, energy workers.

    01/11/2021 6:18:58 PM PST · by The Houston Courant · 18 replies
    The Houston Courant ^ | 1/11/2021 | D. Andrade
    Growing up in Miami, Florida, I knew next to nothing about the energy industry. As long as I could afford to put gas in my car and the lights came on when I needed them, I was happy. I had no clue — like many Americans — how essential energy is to every aspect of our lives. After the manager of a successful land management firm took a chance on a young, ignorant college kid who just needed a job, my eyes were opened to the reality of just how dependent our modern, comfortable lives are on access to energy...
  • Biden’s Climate Appointments and the Potential Disruption to the Global Fossil Fuel Market

    01/11/2021 2:17:01 PM PST · by Kaslin · 24 replies ^ | January 11, 2021 | Vijay Jayaray
    With President-elect Joe Biden about to assume office, he will soon roll out his “clean energy” plan, aimed at reducing America’s dependence on fossil fuels. But such a move will cause ripples beyond America’s borders. It will likely impact key developing countries that have become increasingly reliant on fossil fuel imports from the booming U.S. oil and gas industry. Biden’s Clean Energy PlanIn December 2020, Joe Biden appointed his climate team, which included a person who served under the Obama administration. Among the list of climate nominees and appointees is Gina McCarthy, who spearheaded the Obama administration’s Clean Power Plan,...
  • Steam trains are nearing end of the line: Old-style locomotives could stop running as plans for new coal mine are blocked

    01/06/2021 3:05:50 AM PST · by C19fan · 15 replies
    UK Daily Mail ^ | January 5, 2020 | Lizzie Deane
    Steam trains could stop running after plans for a new coal mine were blocked. The Heritage Railway Association has warned that the industry could be jeopardised by Newcastle City Council’s refusal to grant planning permission for a new mine, as supplies of English steam coal are expected to run out early this year. It said the decision had ‘dashed the hopes of Britain’s heritage railways’, which need affordable coal to continue operating.
  • Biden's '100% Clean Energy Economy' Will Require Huge Trade-Offs

    12/29/2020 4:50:51 AM PST · by karpov · 23 replies
    Reason ^ | December 24, 2020 | Tate Watkins
    One of the Biden administration's key pledges is to have a "100 percent clean energy economy" and reach net-zero greenhouse gas emissions by 2050. A study released by Princeton researchers last week analyzed several scenarios detailing the herculean efforts required to achieve that goal. A prominent takeaway is the massive amount of land it would take to reimagine energy production and distribution nationally, including figuring out where to site a multitude of new solar arrays and wind turbines and constructing thousands of miles of transmission lines. "The current power grid took 150 years to build," one of the study researchers...
  • What's Wrong with Wind and Solar? (Anyone who thinks the Green New Deal is going to "save the planet" should watch this video.

    12/24/2020 3:03:11 PM PST · by Signalman · 23 replies
    PragerU ^ | 9/14/2020 | Mark Mills
    Are wind, solar, and batteries the magical solutions to all our energy needs? Or do they come with too high a price? Mark Mills, Senior Fellow at the Manhattan Institute, analyzes the true cost — both economic and environmental — of so-called green energy.
  • Toyota CEO Agrees With Elon Musk: We Don't Have Enough Electricity to Electrify All the Cars

    12/21/2020 4:15:45 PM PST · by george76 · 190 replies
    PJ Media ^ | DEC 21, 2020 | BRYAN PRESTON
    Toyota makes a lot of cars, so many that it’s the world’s largest or second-largest auto manufacturer every year. ... So Toyota CEO Akio Toyoda’s comments at the company’s year-end press conference deserve notice and no little amount of respect. He knows more about cars and their economic ecosystem than just about anyone else on the planet. ... “The more EVs we build, the worse carbon dioxide gets… When politicians are out there saying, ‘Let’s get rid of all cars using gasoline,’ do they understand this?” ... failure to count the cost of what politicians are proposing. More EVs will...
  • Payback Time: Establishment Dems Ambush AOC, Denying Her Prized Energy Committee Position

    12/19/2020 4:31:40 PM PST · by MtnClimber · 19 replies
    Legal Insurrection ^ | 19 Dec, 2020 | Stacey Matthews
    “I’m taking into account who works against other members in primaries and who doesn’t,” Rep. Henry Cuellar (D-TX) reportedly said prior to the vote to award the key committee position to Rep. Kathleen Rice over Ocasio-Cortez. Freshman New York Rep. Alexandria Ocasio-Cortez was snubbed Thursday during a private Democrat committee meeting held to decide a key House Energy and Commerce Committee seat, and it wasn’t even a close vote. According to Politico, Ocasio-Cortez lost out to fellow NY Rep. Kathleen Rice in a 46-13 vote, and at points during the run-up to the vote, tensions ran high: Just before the...
  • New Accounting Gimmicks Benefit Electric Utilities, Hurt Taxpayers

    12/19/2020 8:25:23 AM PST · by Kaslin · 10 replies ^ | December 19, 2020 | Jason Isaac
    With little fanfare and next to no media coverage, an obscure rule change from the Financial Accounting Standards Board (FASB) could lead to big changes for America’s electric grid. FASB’s proposed changes to federally recognized accounting standards may enable utilities to hide the upfront cost of tens of billions of dollars in bad renewable energy and battery deals, making these projects appear misleadingly profitable on paper through rosy long-term projections of leasing income. These changes will also grease the wheels for regulated utilities to adopt more risky renewable contracts and saddle their customers with the costs. Ironically, the standards being...
  • AOC passed over by Democrats for spot on key House committee

    12/18/2020 1:24:56 PM PST · by conservative98 · 24 replies
    NY Post ^ | December 18, 2020 | 4:02pm | Ebony Bowden
    WASHINGTON — Democrats on Friday shot down Rep. Alexandria Ocasio-Cortez’s campaign for a prized seat on the House Energy and Commerce Committee — instead appointing fellow New York Rep. Kathleen Rice. The New York congresswomen had been jockeying for the seat and lobbying colleagues behind the scenes, but Rice ultimately won in a vote of 46-13, Politico reported Friday.