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A recent study by the Anderson Economic Group found the cost to fuel certain electric vehicles to be higher than similar gasoline-powered cars for the first time in 18 months. In the fourth quarter of 2022, drivers fueling a typical mid-priced Internal Combustion Engine (ICE) car paid $11.29 to fuel their vehicle for 100 miles of driving. That […]
Net zero proponents, such as Net Zero America at Princeton University, believe the United States needs to build between 2x and 5x as much electricity transmission as we have today. The National Renewable Energy Laboratory estimates that to meet President Biden’s goal of a zero-carbon gird by 2035, the transmission capacity must increase up to […]
Switzerland may ban electric vehicles from being used except for “essential” purposes this winter as government officials plan for a possible energy crisis during the winter months. Swiss officials drafted emergency proposals that restrict power usage if electricity shortages occur this winter. They include fewer hours for shop owners, limited use of streaming services, lower temperature settings […]
If the United States is to reach President Joe Biden’s 2050 net zero carbon economy goals, it will need to increase its electricity generation capacity by as much as 480 percent to comply with the Paris Climate Accord. According to a recent report, firm capacity should increase by 300 to 400 gigawatts from today’s level of […]
“No one is building new coal plants because they can’t rely on it, even if they have all the coal guaranteed for the rest of their existence of the plant,” Biden said at a recent event touting his administration’s economic policies in Carlsbad, California. He continued to tout: “We’re going to be shutting these plants down all […]
Solar power is to be the savior of President Biden’s climate agenda, being the “green” resource of choice. However, solar power has a number of unfavorable issues that limits its ability to become the savior that the Biden Administration wants. They include: Solar is an intermittent technology that provides no power when the sun does […]
Power prices are expected to increase as the price of natural gas—the swing fuel for electric generation—increases to meet domestic and international demand. The Energy Information Administration (EIA) expects the natural gas price at the Henry Hub to average $9 per million Btu in the 4th quarter of 2022 and the residential electricity price to average 14.75 cents […]
The so-called Inflation Reduction Act contains new, very favorable incentives to attract additional investments in wind and solar power of over $270 billion in the next eight years for 155 gigawatts of new wind and solar capacity. The new law is expected to trigger 85 gigawatts of new onshore wind capacity by 2030, with total onshore wind capacity reaching […]
Politicians and environmentalists claim an urgent need to reduce greenhouse gas emissions, but in reality, world coal demand for power generation continues to increase and carbon dioxide emissions from the electric sector continue to grow. In 2021, those emissions were 5.9 percent higher than in 2020. Over half the growth in electricity demand in 2021 was generated […]
Last week, the California Air Resources Board (CARB), an unelected regulatory body, announced a plan to try to force the state’s car fleet to change over to electric vehicles. The plan seeks to ban the sale of new purely hydrocarbon-fueled cars in California by the year 2035. The plan will be very expensive, is completely […]