Keyword: green
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A group of New York Democrats announced support for federal legislation aimed at regulating lithium-ion battery safety standards after a spate of fires caused by the batteries malfunctioning or overheating. Lithium-ion batteries, found in many popular consumer products like e-scooters and smartphones, have been under scrutiny amid increasing reports of explosive fires triggered by the batteries, which use flammable materials. Fire officials and others gather outside of a Bronx supermarket the day after a 5-alarm fire tore through a market that fire officials are blaming on a faulty lithium-ion battery Lithium-ion battery fires are happening more often. Here's how to...
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The Biden administration has thrown its weight behind the Mountain Valley pipeline, a major natural gas project favored by West Virginia Democratic Sen. Joe Manchin and opposed by environmental advocates. The 303-mile pipeline and other natural gas projects like it will “play an important role” in supporting the transition to clean energy and in safeguarding the energy system, Energy Secretary Jennifer Granholm said in a letter Friday evening to the Federal Energy Regulatory Commission.
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EXCLUSIVE: Two former U.S. ambassadors are sounding the alarm on the increasing number of green energy projects nationwide being developed with the involvement of Chinese companies. Former U.S. Ambassadors Peter Hoekstra and Joseph Cella said Chinese companies, which are subject to strict Chinese laws, have made a concerted effort to take advantage of U.S. green energy goals. The companies, they said, are exploiting American tax incentives to build facilities and projects in the U.S., bolstering Chinese industry and ensuring continued U.S. reliance on technology from China. "It'd be very ironic if we moved towards electric vehicles to the numbers that...
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JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter Tuesday that the government may need to seize private property to advance clean energy initiatives. Dimon discussed the need to quickly begin investing in solar projects and other green initiatives and suggested that the government should use eminent domain to seize property for those projects. “At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke [sic] eminent domain – we simply are not getting the adequate investments fast enough for grid, solar,...
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LED light bulbs 'currently cost more than incandescent bulbs and are inferior,' consumer groups said in letter to U.S. Department of Energy The Biden administration is preparing to implement a sweeping nationwide ban on commonly used light bulbs as part of its energy efficiency and climate agenda. The regulations, which prohibit retailers from selling incandescent light bulbs, were finalized by the Department of Energy (DOE) in April 2022 and are slated to go into effect on Aug. 1, 2023. The DOE will begin full enforcement of the ban on that date, but it has already urged retailers to begin transitioning...
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A growing number of electric vehicles are reportedly being written off when even the slightest damage is done to their batteries - driving up owner costs and negating any environmental benefit of going “green.” As Reuters reports, insurance companies are writing off more and more low-mileage electric vehicles that have only minor damage, because any harm to the battery packs can’t be accessed or repaired. With some Tesla models, for example, the battery packs are actually glued into the car’s structure, making them difficult to remove, replace or repair. "A Tesla structural battery pack is going straight to the grinder,"...
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The Biden administration moved closer to implementing a 20-year ban on mining in a South Dakota forest area due to its proximity to cultural and natural resources. In a joint announcement Friday, the Bureau of Land Management (BLM) and Forest Service said they would consider a 20-year withdrawal of 20,574 acres located in the Black Hills National Forest near the Pactola Reservoir and Rapid Creek Watershed. The proposed action prohibits new mining claims and the issuance of new federal mineral leases for two years while the agencies review the proposal. "Whether it’s northern Minnesota, southern Arizona, Alaska, or now South...
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Is there anything more Soviet than a bank that lends money to companies making things no one wants to buy? That's the missing puzzle piece on why Silicon Valley Bank went belly up, and Kimberly Strassel of the Wall Street Journal has found it: the failure of the bank was premised on ESG, which descended into wokester lending priorities, creating the abnormal conditions that left the bank ripe for a meltdown. Strassel: Most of these companies weren’t filling some vital market need. Rather, as the Journal reported, SVB was beloved for its willingness to offer “banking services to startups that...
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Americans can’t afford food, but leftist and Chinese companies get bailed out. Silicon Valley Bank spent billions on green energy, millions on Black Lives Matter and other leftist causes, until it finally ran out of ‘other people’s money’. That’s when the Biden administration decided to bail out its depositors. At a dinner hosted by Peter Orszag, Obama’s former budget director, Wally Adeyemo, Obama’s Nigerian assistant treasury secretary and Biden’s deputy treasury secretary, chatted with Blair Effron, an influential Biden donor, serving on Biden’s Intelligence Advisory Board, who had been hired as an advisor by SVB to deal with its financial...
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HOUSTON, Texas — The world will need fossil fuels for decades but they must be paired with technologies that capture their greenhouse gas emissions, Energy Secretary Jennifer Granholm said Wednesday. The Biden administration wants the U.S. to reach net-zero emissions by 2050 to help limit global warming. It is seeking to displace oil, gas, and coal with renewable energy and electric technologies, but forecasts, including those by the Energy Information Administration, indicate prolonged demand for traditional energy sources. "We know that even the boldest projections for clean energy deployment suggest that, in the middle of this century, we’ll be using...
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Reese’s Peanut Butter Cups are getting the vegan treatment. The Hershey Co. said Tuesday that Reese’s Plant Based Peanut Butter Cups, which go on sale this month, will be its first vegan chocolates sold nationally. A second plant-based offering, Hershey’s Plant Based Extra Creamy with Almonds and Sea Salt, will follow in April. The chocolates are made with oats instead of milk, Hershey said. Hershey has experimented with vegan chocolate before. It sold an oat-based chocolate bar called Oat Made in some test markets starting in 2021. But the new products will be the first sold throughout the U.S. under...
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Norway's government on Thursday (Mar 2) apologised to indigenous Sami reindeer herders affected by wind farms that were declared illegal after they were built, following a week of protests by activists. The country's highest court unanimously ruled in October 2021 that the expropriation and operating permits issued for the construction of 151 turbines in the Fosen region of western Norway were invalid. The court found that the project violated the rights of Sami families to practise their culture of reindeer husbandry.
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Dem megadonors Bill Gates and Laurene Powell Jobs see green energy investments flooded with taxpayer cash ... Joe Biden's taxpayer-funded push to build a "clean energy economy" is benefiting the left's most prominent billionaire megadonors, including Bill Gates and Laurene Powell Jobs,.. Biden's Energy Department has in the last two months announced nearly $3 billion in loans to two electric battery companies, Redwood Materials and Ioneer, which are backed by seed funding from Gates, Jobs, and other left-wing billionaires. Now those billionaires, who have poured millions into the effort to win Democrats power in Washington, are likely set to see...
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It's a shocking amount of money that they're hauling in with this scheme ... The founders of Rewiring America, an environmental advocacy dark money group behind the push to regulate and ban natural gas-powered stoves, have a significant financial stake in the green energy push. Alex Laskey, Saul Griffith and Ari Matusiak – who together founded Rewiring America in 2020 – have all pursued various wind, solar, electrification and .. which have netted them millions of dollars in .. federal funding. The three co-founders have simultaneously advocated for policies benefiting those ventures through the nonprofit. ... Big Green Inc. ......
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The Great Reset is ushering into existence a modern global Mystery Religion revamped and revised for an age of evolution, science and technology.
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Bloomberg Business Week, no foe of green energy, headlines: Wind Turbines Taller Than the Statue of Liberty Are Falling Over.” The article beneath the headline reports on a variety of alarming disasters involving wind turbines, including collapses of very tall sructures.On a calm, sunny day last June, Mike Willey was feeding his cattle when he got a call from the local sheriff’s dispatcher. A motorist had reported that one of the huge turbines at a nearby wind farm had collapsed in dramatic fashion. Willey, chief of the volunteer fire department in Ames, 90 miles northwest of Oklahoma City, set out...
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Biden slush fund money is now looking for a home. A battle is on over who gets to waste it.. Biden’s $27 Billion Clean Energy Catalyzer Slush Fund Competition is stiff over who gets first access to Biden’s $27 Billion Clean Energy Catalyzer slush fund. The US government is getting ready to unleash $27 billion to fund projects in disadvantaged communities that cut greenhouse gas emissions and boost clean energy. The cash infusion from last year’s sweeping climate and tax law is meant to drive the deployment of solar panels, heat pumps and electric vehicles in underserved places around the...
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Get ready! The mad dash for metals is here! Copper set to be most valuable opportunity in race to net zero Electric vehicles and wind turbines are main demand drivers. Rising demand for energy transition metals is essentially a given at this point. The real question is whether there will be enough supply. As things currently stand, lots of these metals, including copper and cobalt, are at risk of a shortfall in the coming decades unless current reserves can be supplemented with new geological discoveries and projects, and recycling of old material is stepped up. Many countries have known resources...
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Global green energy company Siemens Gamesa reported Thursday that it had lost a staggering $967 million during the three-month period from between October to December. The Germany-based company, which dubs itself as "the global leader in offshore power generation," noted the wind industry has faced various unfavorable pressures leading to negative growth in recent months and years, in its earnings report for the first quarter of fiscal year 2023 released Thursday morning. The company added that governments would need to further assist the industry to ensure future positive growth. "The negative development in our service business underscores that we have...
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The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in constructing wind turbines are facing massive losses and write-downs and cancelling big offshore wind projects. Brace yourself for demands for even more subsides to the failing industry.The green energy subsidiary of German electrical equipment giant Siemens just reported Thursday that it lost nearly a billion dollars in the last quarter. Via Fox News (Hat tip: Beege Welborn, Hot Air):Global green energy company Siemens Gamesa reported...
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