In the news:
- Big British solar company goes bankrupt. Owns 53 solar farms; borrowed £655 million over the past four years.—ZeroHedge on Oil Price. [Britain is not a very sunny place.]
- “Skyrocketing fossil fuel energy prices are driving the deforestation of Europe as citizens try to keep warm.” —Pierre L. Gosselin on NoTricksZone.
- Biden won’t re-open a Virgin Islands oil refinery, one of the largest in the world, because it lacks a PSD (Prevention of Significant Deterioration) permit required by the Clean Air Act. —Eric Lendrum on ClimateChangeDispatch. [Do they have such a rule in Saudi Arabia or Venezuela?]
- “Electric vehicles and gas-powered pickups are the least reliable vehicles sold in America, whereas hybrids and gas-powered sedans are the most reliable, according to Consumer Reports 2022 Annual Auto Reliability survey.”—Pras Subramanian in Yahoo!Finance.
. . . Meanwhile, “[T]he 270 gigawatts of new coal-fired capacity China plans to build in the coming years would vastly exceed the entire fleets of the biggest other coal-using countries.”—David Blackmon, Forbes
Image by Samuel Faber for Pixabay.