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The Biden administration is expected to block an agency of the State of Alaska’s application to build a 211-mile road through northwestern Alaska to reach an area long known for its mineral richness. The road-building project is proposed by the Alaska Industrial Development and Export Authority (AIDEA) and is needed to access major copper and zinc deposits needed for […]
The cost to consumers of two offshore wind projects expected to support New York’s self-imposed climate goals has more than doubled from their original estimates, which were high to begin with. Developers had threatened to cancel their offshore wind projects without higher prices, citing inflation, supply chain challenges and rising costs driven by the pandemic, Bidenomics […]
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 […]
Europe’s electricity and natural gas prices are skyrocketing. European electricity prices are now the equivalent of $1,000 per barrel of oil. It is easy to blame Russia, and Russia’s actions deserve a lot of blame, but Europe has been warned for forty years by American presidents from Ronald Reagan to Donald Trump, that relying on […]
Has anyone told President Biden that fossil fuels made up 82 percent of the world’s energy and 79 percent of U.S. energy in 2021? Has anyone told him that Europe is using more coal because Russia is reducing its natural gas supplies to Europe? Has anyone told him that Europe’s energy crisis first started with low […]
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 […]
According to The New York Times, President Biden is imposing a tariff of between 14 percent and 15 percent for the next four years on imported crystalline silicon solar products, but his administration at the same time doubled the amount of solar cells that can come into the country without facing tariffs to 5 gigawatts and exempted bifacial […]
Joe Biden’s $2 trillion climate plan is supposed to eliminate carbon dioxide emissions from the electric sector by 2035. In 2019, 62 percent of U.S. electricity generation was produced from natural gas, coal, and petroleum products—the energy sources that will need to be replaced if Biden’s plan goes into effect. Assuming that Biden’s plan allows […]
From the federal Renewable Fuel Standard to state-level Renewable Portfolio Standards, mandating energy sources is destructive. A recent effort in the Oklahoma legislature, which would have required three-quarters of the state’s electricity to be generated from natural gas by 2020, demonstrates that the danger of these mandates is not limited to just wind and solar. […]
A majority of states have Renewable Portfolio Standards (RPS)—energy mandates that require utilities to produce or purchase a certain amount of electricity from renewable sources, such as wind and solar. These costly regulations have detrimental impacts on employment, income, and investment, leading policymakers in several states to take steps to either freeze or eliminate their […]