China’s energy production is in turmoil—but probably not because it is cutting back on fossil fuels. Although President Xi has claimed the country will cut back, it hasn’t so far. The causes of the current energy crisis are multiple. Reuters lists some: “China is in the grip of a power crunch as a shortage of…
Tag: Energy
Europe Heads toward an Energy Crisis. . . Is America Far Behind?
From Samantha Dravis in The Hill: “A crisis across the pond is foreshadowing what may happen as America looks to achieve net-zero carbon emissions and meet the goals of the Paris Accord.” *** “European nations are experiencing record surging natural gas prices, resulting in halted operations and a rise in energy prices for consumers that…
Are U.S. Subsidies Bringing Innovation to Renewable Energy?
No, says Ross Marchand in two segments of a three-part series from RealClearEnergy. Problem One: Failures plus Unnecessary ‘Successes’ These green companies (among others) failed: Abound Solar, Range Fuels, Solyndra. Others are considered successes but they didn’t need government guarantees: NextEraEnergy: “When the DOE greenlit the guarantee 10 years ago, NextEra had revenues totaling more…
Renewables: Oh, the Waste!
The Biden administration is ignoring the problem of waste and pollution in its pursuit of renewable energy, writes the Institute of Energy Research (IER). “Electric vehicle batteries, solar panels, and wind turbines result in a massive amount of waste and pollution. China is responsible for half of the total electric vehicles in the world—a number…
The New Trade in Non-Production (of Carbon)
The pressure to “do something” about global warming has created exotic new programs that emphasize reducing output. You might think of them as markets in non-production. I will explain them. Carbon offsets. Companies that produce or use fossil fuels are trying to reduce their “carbon footprint” but still continue their business. They are purchasing “offsets”—that…
A ‘Massive Caveat’ for Solar Power
The dark side of solar power is solar panel waste, say three researchers in the Harvard Business Review. What they call “solar trash” presents “a massive caveat that very few are talking about,” write Atalay Atasu, Serasu Duran, and Luk N. Van Wassenhove. Official bodies are assuming that the waste (which is currently almost impossible…