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 […]
Federal Energy Regulatory Commissioner Mark Christie: Power grid is facing ‘dire consequences’ due to coal & gas retirements
Testifying before the US House, FERC Commissioner Mark Christie says America’s power grid is facing ‘very dire consequences’ due to the ongoing retirement of coal and natural gas power plants. US House Committee on Energy and Commerce Oversight of FERC: Adhering to a Mission of Affordable & Reliable Energy for America June 13, 2023 FERC […]
Definitive 36 Page Report: ‘150 Ways the Biden Admin & Democrats Have Made it Harder for U.S. to Produce Oil & Gas’
https://www.instituteforenergyresearch.org/fossil-fuels/150-ways-the-biden-administration-and-congress-have-made-it-harder-to-produce-oil-gas/ BY THOMAS J. PYLE President Biden and the Democrats in Congress have a plan for American energy: make it harder to produce and more expensive to purchase. Since Mr. Biden took office, his administration and its allies have taken over 150 actions deliberately designed to make it harder to produce energy here in America. […]
Bloomberg News: ‘South Africa Beats Climate Goal as Blackouts Slash Emissions’ – ‘Unintentional…power plant breakdowns are reducing industrial activity’
https://www.bloomberg.com/news/articles/2023-05-15/south-africa-beats-climate-goal-as-blackouts-slash-emissions#xj4y7vzkg?leadSource=uverify%20wall South Africa Beats Climate Goal as Blackouts Slash Emissions South Africa emissions are falling, ahead of a 2025 target Power plant breakdowns are reducing industrial activity A coal-fired power station in Mpumalanga, South Africa.Photographer: Waldo Swiegers/Bloomberg By Antony Sguazzin May 15, 2023 at 10:10 AM EDT South Africa is ahead of its target for cutting […]
WaPo: Top six states with ‘clean energy’ are powered primarily by nuclear or hydropower — Not solar or wind. – USA’s huge drop in CO2 emissions due to natural gas replacing coal
The Washington Post just released a fascinating report on state-by-state energy consumption, showing which states are decarbonizing the fastest — and how they're doing it. The results go against everything you've heard in the mainstream narrative. SHORT THREAD: pic.twitter.com/ibaE5rsQ8M — Benji Backer (@BenjiBacker) April 17, 2023 https://threadreaderapp.com/thread/1648002000976764929.html Benji Backer The Washington Post just released […]
Induced Energy Crisis? Biden Admin Has New EPA CO2 Limits for Power Plants – ‘Won’t avert the fake climate crisis, but could create an energy crisis’
https://pjmedia.com/news-and-politics/catherinesalgado/2023/05/12/induced-energy-crisis-biden-admin-has-new-pollution-limits-for-power-plants-n1694764 BY CATHERINE SALGADO The Biden administration’s “solution” to every crisis is to make it even worse. As Americans face electricity shortages and high gas prices, Biden’s Environmental Protection Agency (EPA) has announced new pollution limits for coal and natural gas plants that will lead to at least some plant closures. All to fight the fake […]
‘Catastrophic situation’: Federal Energy Regulatory Commissioner Christie warns America’s power grid is in big trouble – ‘Threatening our ability to keep the lights on’
Testifying before the US Senate, FERC Commissioner Mark Christie warns that America’s bulk power grid is in big trouble. Christie: ‘I’m really afraid to say that I think the United States is heading for a very catastrophic situation in terms of reliability — hope it doesn’t happen, but I think were heading for potentially catastrophic […]