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Americans can expect higher energy prices as U.S. electric utilities plan their biggest spending increases in decades to upgrade electric grids, preparing for increased demand from electric vehicles and making the transition to renewable energy. Utilities plan to spend tens of billions of dollars in the coming years to reduce carbon dioxide emissions, partly in […]
Early January saw a massive snowstorm in the Washington D.C. area that resulted in downed wires and electricity outages for many households and businesses. Over 50 miles of Interstate 95 was closed to traffic with thousands of people stranded for hours as traffic was stopped. Vehicles ran out of fuel and electricity. Many affected households […]
The draft agreement from COP26 in Glasgow, Scotland calls on parties to accelerate phasing out “unabated” coal consumption and John Kerry, COP26 participant and U.S. climate envoy, claims the United States won’t have coal by 2030. In an interview, Kerry stated, “We will not have coal plants.” Yet, coal generation in the United States is expected to increase […]
President Biden’s climate policies and the House Democrats’ reconciliation bill will decimate U.S. energy industries along with millions of associated jobs while saddling consumers with skyrocketing prices and electricity blackouts. One only has to look at California and Europe to see that the goals of Biden’s climate policies and the reconciliation bill will eventually end up […]
A significant part of the reconciliation bill is the “Clean Electricity Performance Plan” that is intended to increase the amount of “clean power” produced. The provision was in part drafted by outside interests including a professor from University of California, Santa Barbara. The House is considering a target of 80 percent “clean power” by 2030, which would […]
Nine years ago, the wind industry agreed to a six-year phase out of the wind production tax credit. At the time, the wind industry told reporters that they needed 4-6 years to achieve subsidy-free competitiveness. But now the wind industry, other renewable electricity generators, and their financial backers on Wall Street, are back supporting the […]
Workers are finding out that the solar and wind jobs that President Biden proclaimed would be high-paying union jobs are not living up to the sales pitch. Traditional energy industry jobs need skilled labor. For example, building an electric plant powered by fossil fuels usually requires hundreds of electricians, pipefitters, millwrights, and boilermakers who typically […]
In early March, the House Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ), Environment and Climate Change Subcommittee Chairman Paul Tonko (D-NY) and Energy Subcommittee Chairman Bobby L. Rush (D-IL) introduced the Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act. The bill aims to achieve net zero greenhouse gas emissions by […]
As negotiations continue on a year-end government funding bill as well as a new round of coronavirus relief spending, bad energy policy is looking to hitch a ride. The zombie Manchin-Murkowski energy bill, which we call the American Energy Bureaucracy Act, has staggered back into the picture. In the fall, the bill got even worse […]
Joe Biden’s climate and energy plans mandate a carbon-free generation sector by 2035. Since new nuclear and carbon capture and sequestration technologies are not economically competitive, subsidized wind and solar power would have to make up the share from fossil fuels (coal, natural gas, and oil) that currently make up 62 percent of the generation […]