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China Boosts Coal & Gas Consumption as Power Demand Nears Record High

https://finance.yahoo.com/news/china-boosts-coal-gas-consumption-220000999.html China is ramping up coal and natural gas production, imports, and consumption as its electricity demand jumped in the year’s second half and looks to hit a record-high winter peak demand. Chinese authorities have been keen to avoid a repeat of last year’s shortages and spiking prices and have instructed utilities and producers to […]

Going All In With Peak Fossil Fuels by 2030: The International Energy Agency bets its reputation on an aggressive prediction

https://substack.com/app-link/post?publication_id=119454&post_id=138339679&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=1g0x4t&token=eyJ1c2VyX2lkIjo4NzM4Mjk3MywicG9zdF9pZCI6MTM4MzM5Njc5LCJpYXQiOjE2OTg0MjgwMDAsImV4cCI6MTcwMTAyMDAwMCwiaXNzIjoicHViLTExOTQ1NCIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.PgJOzMjo9AMESN9_rhhtjEalh0oh2g-nkJoYBpenUYU By ROGER PIELKE JR. Excerpt: Earlier this week the International Energy Agency (IEA), headquartered in Paris and overseen by the OECD, issued a bold prediction in its 2023 World Energy Outlook (emphasis added): The combination of growing momentum behind clean energy technologies and structural economic shifts around the world has major implications for fossil fuels, with peaks in […]

Reality Bites: Why Wind, Solar, And Electric Car Advocates Must Also Love Fossil Fuels – ‘Blocking fossil fuel development increases
cost for renewables’

https://www.forbes.com/sites/judeclemente/2023/10/15/reality-bites-why-wind-solar-and-electric-car-advocates-must-also-love-fossil-fuels/ By Jude Clemente Let’s start with the basics: fossil fuels supply 80% of the world’s energy and about 80% of the energy consumed in the U.S. Energy is the driving force of modern life, so fossil fuels are thus the inherent inputs to just about everything that we do, make, and consume. One could […]

Kansas EV Battery Factory Will Require So Much Energy It Needs A Coal Plant To Power It

https://notalotofpeopleknowthat.wordpress.com/2023/09/28/ev-battery-factory-will-require-so-much-energy-it-needs-a-coal-plant-to-power-it/ By Paul Homewood  A $4 billion Panasonic electric vehicle battery factory in De Soto, Kansas, will help satisfy the Biden administration’s efforts to get everyone into an EV. It also will help extend the life of a coal-fired power plant. Panasonic broke ground on the facility last year. The Japanese company was slated to […]

Analysis: Biden’s billion-dollar oil mistake: Biden hamstrung his country from Day One – ‘Aggressive support for ESG’ – ‘Proxy war against Russia’ & ‘Sabre-rattling approach to China’

ASHLEY RINDSBERG: “What has landed us here is a combination of three of the Biden administration’s signature policies — its aggressive support for ESG, its proxy war against Russia, and its sabre-rattling approach to China. The result is that the US is now in an energy chokehold right when the country needs as many options as possible.” …

“The causes of surging oil prices trace back to structural changes Biden made to the economy, combined with now intractable foreign policy commitments, which, this late in the game, cannot be easily undone.” … 

“Those decisions go back to Biden’s very first day in office. On 20 January 2021, the new president signed an executive order revoking a permit required for the Keystone XL, an extension of an existing pipeline that would have transported an extra 830,000 barrels per day from Canadian oil fields to refineries in Texas. The move had its roots in Biden’s campaign strategy, which positioned Biden as a “climate change pioneer”. According to the text of Biden’s executive order: “The United States and the world face a climate crisis. That crisis must be met with action on a scale and at a speed commensurate with the need to avoid setting the world on a dangerous, potentially catastrophic, climate trajectory.” The Keystone XL pipeline “disserves” American interests, Biden said.

Michael Bloomberg Unleashes Another $500 Million to Destroy US Coal Industry

https://www.newsbusters.org/blogs/business/joseph-vazquez/2023/09/21/michael-bloomberg-unleashes-another-500-million-destroy-us By Joseph Vazquez Media mogul and failed presidential candidate Michael Bloomberg is not letting up on his years-long obsession with putting the nails in the coffin on the U.S. coal industry. The Bloomberg News owner pledged another $500 million to “expand the Beyond Carbon campaign, one of the largest philanthropic efforts to fight the […]

Solar Energy Is Getting 200 Times More In Federal Subsidies Than Nuclear & 191 Times More in Subsidies Than Oil, Gas & Coal – Solar handouts could total $900 billion by 2060

Robert Bryce: “Thanks to climate corporatism, some of America’s biggest corporations, including NextEra Energy and MidAmerica Energy, a subsidiary of Berkshire Hathaway, are collecting billions of dollars in tax credits and they stand to collect untold billions more in the coming years thanks to the IRA.” … 

“The subsidy picture for the landscape-blighting, bird-bat-and-whale-killing wind industry is only slightly less depressing. According to the the Joint Committee on Taxation (JCT), the wind sector collected about $2.2 billion in federal tax subsidies in 2022. Last year, the domestic wind sector produced 4.1 EJ of energy. That means the wind sector got roughly $537 million per EJ, or about 41 times more than what was given to the nuclear sector.” … 

“What about hydrocarbons? The JCT figures show that federal tax incentives for the hydrocarbon sector totaled about $1.1 billion last year. According to the Statistical Review of World Energy, domestic hydrocarbon production last year totaled about 79 EJ. Thus, the hydrocarbon sector got only slightly more federal tax love than the nuclear sector: about $13.9 million per EJ. That means that solar energy got about 191 times more per EJ produced than what was given to hydrocarbon producers in 2022.” …

“Our grid should be weather resilient, not weather dependent. That means we should be developing low-carbon energy sources that are resilient, scalable, affordable, and ready for deployment. That means N2N: natural gas to nuclear.”

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Update: Robert Bryce: Actually, Solar Is Getting 302 Times More In Federal Subsidies Than Nuclear – An August EIA report shows my prior calculations were too low by half

Media Mogul Michael Bloomberg Celebrates Crushing American Energy Industry – Morano: ‘Our media, gov’t, energy & economic institutions have been hijacked by billionaires’

https://www.newsbusters.org/blogs/business/tom-olohan/2023/06/27/media-mogul-michael-bloomberg-celebrates-crushing-american By Tom Olohan Bloomberg News’ leftist billionaire owner Michael Bloomberg is once again doubling down on his efforts to devastate the American energy industry. Bloomberg took to twitter on June 22 to tout his Bloomberg Philanthropies’ Annual Report, which included references to a successful effort to harm the American energy industry. The report unveils work done to produce […]