Watch: Morano on Fox & Friends: Biden admin knew their green mandates would raise energy costs – ‘This is the remaking of America to fight the the ‘existential threat’ of climate change
Morano: “We now know, according to this report, that the Biden administration was worried about energy shortages, about rationing, about skyrocketing costs, and guess what? They were absolutely right. This is the remaking of America, in the words of his EPA director, to fight the ‘historic battle’ against climate change, the ‘existential threat’, and all they’ve done is go after American energy and Americans by destroying their reliable, cheap energy that we had that powered our economy. And a Biden second term would complete this job right. We are talking everything, whether it’s banning oil and gas on federal lands, Biden’s policies have seen gas prices skyrocket and the canceling of pipelines, and in the second term, they’re ready to come for a lot more.”
Electric Cars Are Driven the Least While Costing the Most
https://www.iseecars.com/most-driven-evs-study BY ISEECARS · APRIL 30, 2024 Highlights: Electric cars are driven 20 percent less than gasoline cars; combined with their higher prices they cost 63.6 percent more for every 1,000 miles driven per year Hybrids and plug-in hybrids are also driven less than gasoline models, but only by 2.7 and 4.8 percent, respectively, making their […]
Bloomberg News: ‘In Germany, more than 60% of homes will need to undergo green renovations over the next decade to meet the EU’s stricter energy requirements’ – Lenders ‘focus’ on homes’ ‘energy consumption’ – ‘May leave a substantial dent in property values’
https://www.bloomberg.com/news/articles/2024-05-19/banks-face-energy-risks-in-residential-mortgage-portfolios Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios Lenders across Europe focus on buildings’ energy consumption Capital relief for green loans offers securitization option Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption. In Germany, the bloc’s largest economy, it’s increasingly […]
Forbes Calls BS on the latest Climate Economics Doomsday Prediction
Forbes Calls BS on the latest Climate Economics Doomsday Prediction by Eric Worrall ”… While I am not an economist, in my opinion the data seems flawed. …” New Study: Climate Change Could Reduce The World Economy 19% By 2049 Jon McGowan Contributor I am an attorney who writes about ESG policy, laws, and regulations. […]
Watch: Gavin Newsom: ‘Climate change’ a factor in CA budget deficit – ‘We didn’t anticipate these rain bombs’ – They delayed our tax collections
https://www.foxnews.com/video/6352866390112 California Gov. Gavin Newsom referenced climate change during his explanation for the state’s massive budget deficit during a press conference on Friday.
STUDY: EVs are the most expensive vehicles to operate over 1,000 miles – ‘People tend to drive EVs much less, making their cost per mile much higher than’ gas cars
https://www.autoblog.com/article/evs-are-the-most-expensive-vehicles-to-operate-over-1000-miles-according-to-iseecars/ By CHRIS TEAGUE It’s no secret that charging an electric vehicle is often less expensive than fueling a gas car, but many don’t think about the higher purchase prices. A recent iSeeCars study showed that people tend to drive EVs much less, making their cost per mile much higher than that of internal combustion vehicles. Worries about range […]
CNN: Ford just reported a massive loss on every electric vehicle it sold – ‘Losses soared’ in first 3 months of 2024 ‘to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold’
Despite the EV losses, Ford CEO Jim Farley said in a call with investors the company is making changes in its EV business, and that the company’s planned next generation of EVs will allow it to be profitable on that business in the near future.
Ford Pro, which primarily sells traditional internal combustion vehicles, was the primary profit driver for Ford in the quarter, posting EBIT of $3 billion, or more than double what it made a year ago, as revenue from the unit rose 36% to $18 billion. The number of vehicles sold by Ford Pro was up 21% to 409,000.
On Tuesday Tesla, the world’s largest EV maker, reported that its adjusted earnings plunged 48% in the first quarter as revenue fell 9%, after it reported the first year-over-year drop in sales since the pandemic.
The Big-Flip: People don’t believe renewables are cheap any more, so activists pretend they never said it was
People don’t believe renewables are cheap any more, so activists pretend they never said it was By Jo Nova The sore losers of the renewable fantasy, hope you don’t expect them to apologize We are at the beginning of the big-flip. The activist pundits are suddenly realizing that renewables aren’t cheap and worse, that the […]
The Green Road to Serfdom: ‘Voters will rebel against ‘net zero’ when the costs hit’
https://stephenheins.substack.com/p/the-green-road-to-serfdom-by-andrew By ANDREW STUTTAFORD Voters will rebel against ‘net zero’ when the costs hit Deciding who has been the worst British prime minister of the 21st century (so far) is tough, but Theresa May (2016–19) strengthened her strong claim to this title shortly ahead of her ignominious departure from office. Desperate to secure a “legacy,” she […]
Media finally gets it! ‘Duke Energy is transitioning away from coal. It means power bills are becoming more expensive’
Marc Morano comment: Duke Energy spokesman calls gutting reliable coal power — “improvements” to the grid. Yet they are virtually signaling to political mandates for Net Zero. As utilities close down reliable fossil fuel energy generation, they claim unspecified “benefits” to the “transitions.” In the video, Tesla home generator batteries are touted for the inevitable blackouts coming. Ideologies, politicians, activists, and colluding corporations and utilities are monkeying around with our once reliable grid due to climate politics. Then they offer some customer ‘rebates,’ ‘incentives’, & ‘subsidiy’ programs that are supposed to alleviate the constantly rising energy prices. This is an insane process that needs to stop, and Duke Energy spokesmen need a remedial education on how to speak to the public and stop lying about green energy ‘improvements’ to the grid. At the same time, they collude and do their part to sabotage the grid.