Energy

Clash of the Titans: Wind vs Coal

by Geoffrey Pohanka
CFACT

“The headlines are clear: renewable energy is on the rise as a source of electricity for America and coal power is headed for the door. President Biden has set a goal 30,000MW of offshore wind by 2030 which is the equivalent of 2,500 12MW turbines and this does not include the ever increasing number of wind turbines being constructed and planned on land. Renewable energy, which includes solar, wind, geothermal, biomass, and hydroelectric power, now produces more of the nation’s electricity (20%) than coal (19%) according to the U.S. Energy Information Administration. Since 2008, coal-powered electrical generating capacity has declined 28%, while coal powered electrical generation has declined 61% (EIA),” according to CFACT.

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California to open 5 natural gas plants to avoid blackouts

by Shelby Bracho
Fox 26 News

“‘California has been gambling that we can have a grid that can supply the fifth largest economy in the planet with enough electricity primarily from wind and solar,’ said Assemblymember Patterson, ‘Now, the problem with that is that wind and solar is not baseload, it is intermittent load, it is a supply that goes away when we need it the most,’” according to Fox 26 News.

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Biden’s green energy plan, botched Afghan withdrawal boost China’s rare metals monopoly

by John Solomon
Just the News

“Beijing already dominates the rare metals market needed for electronics, electric car batteries and computers, a reality made more painfully obvious with the current computer chip shortage that is slowing production of new U.S. cars.  And now with the haphazard U.S. withdrawal from Kabul, one of the world’s largest untapped deposits of lithium — estimated by some at $1 trillion in Afghanistan — is poised to fall into China’s hands just as Biden has ordered that half all U.S. cars be electric by 2030 and congressional Democrats prepare to vote to invest tens of billions of dollars more to push that goal further,” according to Just the News.

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IPCC Proposed Banishment of Fossil Fuels Would Place Most of the World’s Population at Risk

by Ronald Stein, P.E.
The Heartland Institute

“The report from the IPCC has failed to acknowledge that the introduction of oil just over 100 years ago has been overwhelmingly beneficial for the prosperity of the world’s population growth to 8 billion from about 1 billion that is shown clearly in their own United Nations graph. The IPCC goal to banish fossil fuels will place most of the world’s population at risk, like the medieval times,” according to The Heartland Institute.

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Fires, probes, recalls: The shift to electric vehicles is costing automakers billions

by Michael Wayland and Lora Kolodny
CNBC

“The learning curve with batteries is steep for traditional automakers, and battery technology remains challenging even for Tesla, which has faced similar issues. But automakers are eager to embrace the new technology with President Joe Biden in the White House pushing for half of new car sales to be electric by 2030, a plan that will likely come with billions of dollars in tax and other incentives,” according to CNBC.

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Home solar demand plunges as Illinoisans can’t tap incentives amid standoff on energy bill

by Dan Gearino
Chicago Sun Times

“The number of home solar panel installations in Illinois has plummeted as state consumer incentives dried up amid a standoff in Springfield that’s seen lawmakers unable to agree on major energy legislation.  After a state incentive program ran out of money late last year, just 313 small rooftop solar projects were completed statewide in the three-month period ending June 30, compared with 2,908 a year earlier, Illinois Power Agency records show. Those numbers account for most of the rooftop solar projects done in Illinois,” according to the Chicago Sun Times.

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US in no position to meddle with potential rare-earth cooperation between China and Afghanistan

Global Times

“Rare-earth metals in Afghanistan were estimated to be worth anywhere between $1 trillion and $3 trillion in 2020. China may ‘align itself with Taliban and try to exploit Afghanistan’s rare-earth metals,’ US media outlet CNBC reported on Tuesday, citing an investment analyst’s so-called ‘warning,’” according to Global Times.

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Biden’s America Last Energy Policy

by Adam Brandon
Real Clear Energy

“The first year of Joe Biden’s presidency has so far been an unmitigated disaster for the American energy sector. Embracing Green New Deal-style environmental policies, President Biden’s approach to domestic energy production cripples hard-working Americans while, at the same time, increasing our reliance on foreign nations. It comes as no surprise that Biden’s misguided radicalism is now reaping severe consequences,” according to Real Clear Energy.

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Federal judge rules against Trump-era approval of Alaska drilling project

by Celine Castronuovo
The Hill

“A federal judge in Alaska ruled against the Trump administration’s approval of a massive oil drilling project in the state, arguing that the Interior Department did not adequately measure the true environmental impact the project could pose.  In her opinion, Judge Sharon Gleason of the U.S. District Court for the District of Alaska faulted the department’s Bureau of Land Management environmental assessment of the ConocoPhillips’s Willow project, which was granted approval under former President Trump and was subsequently backed by the Biden administration,” according to The Hill.

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Biden administration appeals ruling blocking oil and gas leasing pause

by Josh Siegel
Washington Examiner

“The Department of Justice is appealing the decision to the United States Court of Appeals for the Fifth Circuit, the Interior Department said in a statement Monday. The agency also said that, during the appeals process, it would comply with the preliminary nationwide injunction against its leasing pause granted in June to more than a dozen oil and gas producing states.  But Interior said it would continue leasing in a way that takes into account the ‘deficiencies’ within the government’s oil and gas leasing program,” according to the Washington Examiner.

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Forget About Peak Oil – We Haven’t Even Reached Peak Coal Yet

by David Blackmon
Forbes

“This is especially true in China, India and much of Asia, where thousands of coal-fired power plants have seen record usage levels in the face of a major heat wave this summer. Bloomberg reported last week that China’s enormous demand for coal this summer has caused commodity prices to spike to the highest level seen in 2 months, briefly climbing above 900 yuan/ton (roughly $139.31 at current exchange rates) on Friday,” according to Forbes.

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Biden scrambling on gas prices despite climate agenda

by Josh Siegel
Washington Examiner

“BIDEN IN A PICKLE: President Joe Biden’s plea for OPEC and its allies to help fix rising U.S. gasoline prices is pleasing no one politically.  Republicans say it’s pathetic to push for increased global production at the same time the administration is imposing policies to tighten domestic output, while liberals are disturbed Biden is propping up fossil fuels at all when UN-backed scientists just confirmed climate change is bad and getting worse,” according to the Washington Examiner.

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Do Lithium Batteries Pose A Major Fire Hazard?

by Irina Slav
Oil Price

“Batteries are sensitive to overheating and overcharging, Alexey Glushenkov explained to EcoGeneration. Overheating initially happens in a single battery cell but can quickly spread to all the other cells in a battery pack. Battery manufacturers seek to minimize the chance of that happening. Unfortunately, recent battery incidents have proven that it is not always possible to completely eliminate the danger,” according to Oil Price.

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Climate bid faces tricky path over money for electric cars

by Hope Yen and Tom Krisher
AP News

“The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change,” according to AP News.

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Joe Biden Wants OPEC to Drill

by The Editorial Board
The Wall Street Journal

“We thought we’d seen everything, but there it was Wednesday morning in black and white on the White House website: Jake Sullivan, the national security adviser, imploring the cartel of oil exporting nations to pump more oil. Talk about a political climate change. This is the same Biden Administration that has spent six months doing everything it can to crush U.S. oil production,” according to The Wall Street Journal.

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Activists Call For Federal Bailout As High Energy Cost Plague U.S.

by Charles Kennedy
Oil Price

“The Michigan Environmental Justice Coalition says the need for federal protection for the people who can’t afford to pay their electricity bills is particularly dire in Michigan, which is among the states with the fastest-rising electricity rates. Last year, rates in Michigan registered the second-highest rise nationally last year,” according to Oil Price.

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