Energy costs up 30%. So what does Biden do? Raises them even more. With all that’s been done to this country and our economy, the Biden administration now thinks that going after light bulbs will save the world?
The Biden administration is now taking aim at lightbulbs as part of its climate agenda, announcing Friday new efficiency standards that will “slash harmful greenhouse gas pollution” and set levels that can only be met by LED bulbs.
Failed in Afghanistan, Failed at the border. Failed with Iran. And failed big time with the economy. So what’s left? The only good news is that this takes effect in 2028 and these folks will be long gone by then.
How stupid are the Democrats? Using a skier as a climate change witness. You expect to see stupidity like this on obscure websites like NV. But the Democrats outdid themselves. Senator Kennedy destroyed this so called expert.
During a Senate Budget Committee hearing on Wednesday, a woke 23-year-old Olympic skier named Gus Schumacher became his latest victim. As Outkick.com reported, Budget Chairman Sheldon Whitehouse (D-RI) had invited Schumacher to testify as an “expert” on “The Nature of Climate Costs.”
Winning. For now. Court halts SEC climate disclosure rule. The Biden Administration has been using the SEC and other government agencies from moving forward with exploration, drilling, etc. All in the name of the phony climate change. Well the 5th Circuit stepped in.
A federal court on Friday halted a new federal rule that would require publicly traded companies to reveal climate change-related information.
A panel of Fifth Circuit Court of Appeals judges issued an order that pauses the rule as litigation against it plays out. Vote was 3-0.
It also requires some large and mid-sized companies to disclose how much carbon dioxide they are directly emitting and how much comes from their energy use.
First Trump now a meatpacker. Who’s next on the AG’S List? Not happy with phony charges against a former President, James is now going after our food supply.
“The lawsuit filed in a New York state court in Manhattan seeks a $5,000 civil fine per violation of state business laws, and to recoup ill-gotten gains from false sustainability claims.” – Reuters reported.
I'm suing @JBSFoodsUSA, the world's largest beef producer, for misleading the public about its environmental impact.
The beef industry is one of the largest contributors to climate change, and JBS has falsely advertised its commitment to sustainability and endangered our planet.
“Families [are] willing to spend more of their hard-earned money on products from brands that are better for the environment,” James said in a statement. “JBS USA’s greenwashing exploits the pocketbooks of everyday Americans and the promise of a healthy planet for future generations.”
Wind Turbines not the answer in coal country. Or anywhere else. In 2022, the country’s first major climate policy, known as the Inflation Reduction Act, passed with the promise to speed up that transition, offering at least $4 billion to boost development of renewable projects like the Pinnacle Wind Farm in Keyser.
What does halting the LNG Gas sales to Europe mean? Russia, Russia, Russia. In the past Biden went to EU and told them that we would export our LNG at a lower price if they would stop buying from Russia. They agreed and the Russian LNG dropped dramatically.
So what does Biden do? Halts exports of our LNG. So now Europe goes back to buying a more expensive and dirtier LNG from Russia. And why’s that? Climate loon pressure. Another progressive hoax that this stoppage will save the world.
The abundance and versatility of natural gas make it a valuable energy source to meet a variety of needs while also helping the world shift to less carbon-intensive sources of energy.
Winning. Pulling out of the phony Climate Alliance. More to come?
JP Morgan Chase, the world’s largest bank, and State Street Global Advisors, an institutional investor with $3.5 trillion in assets under management, withdrew from the so-called Climate Action 100+ investor group. At the same time, Black Rock, which has more than $10 trillion in assets under management, dramatically scaled back its involvement in the alliance. Does my heart good.
Converting your house from Natural Gas to Electricity isn’t cheap. So, you’re considering of switching over to all electric. Sounds like you bought the climate activists charge that it’s cheaper and better for the environment. Let’s see.
First the old furnace and air conditioning unit needs to go. New ductwork needs to be added. Now replace all those appliances that are gas powered. What’s that cost you? Finally installing an electric heat pump and going solar. The cost there is what?
Homes that are fully electrified — heat pump HVAC, heat pump water heater, electric stove/oven, electric dryer, solar, storage, EV — cannot get by on smaller 100-amp or 125-amp electric services. Costs for individual consumers can range from $5,000 for a simple electric service upgrade to well over $20,000 if underground wiring or transformers need to be updated. Upfront utility engineering fees and delays of six months or more are typical. Cities and states that plan to electrify existing buildings must find ways to proactively streamline and reduce costs for electric service upgrades.
Western liberal democracies cultivate a range of fictions about their nature and function. In the myths they tell about themselves, the people are sovereign and politicians merely enact their wishes. In reality, and as in all political systems democratic or otherwise, it is the leaders who exercise power and who strive to herd the people in convenient directions. Democracy imposes various constraints on their actions, but does not meaningfully hinder the unilateral decisions of the establishment. To disguise these uncomfortable truths, democracies eagerly engage in various democratic liturgies, among them the popular protest. Leaders prefer protests which favour their prior political programme, and they sponsor these wherever possible, and with as much publicity as possible, to draw attention away from those less convenient demonstrations that they find it necessary to marginalise or even violently suppress.
Since 2021, Letzte Generation have engaged in a monotonous programme of vandalism and civil disturbance. For their trouble, activists have received mostly fines and some mild chiding from politicians. When police were caught on activists’ cameras roughly handling two climate-gluers last week, the German press collectively hyperventilated and police departments swiftly announced investigations against their own officers. The regime very clearly view Letzte Generation as important if sometimes unruly collaborators. They demonstrate on behalf of the core political goals of the Scholz government and lend substance to the fiction that climate measures are an organic, grassroots demand that flows above all from the people.
Offshore wind developer Ørsted has delayed its New Jersey Ocean Wind 1 project to 2026. Previously, the company had announced construction of the project would begin in October 2023. The delay was attributed to supply chain issues, higher interest rates, and a failure so far to garner enough tax credits from the federal government. For now, they are not walking away from all their U.S. projects but will reconsider long-term plans by the end of this year. Ørsted’s stock price has fallen 30% in 5 days. This is just the latest bad news for offshore win.
Ocean Wind 1 had one of the highest guaranteed prices among the 18 projects currently in the approval queue. The actual wholesale price guarantees for Ocean Wind 1 start at $98.10/MWh, rising 2% a year to $145.77. Over twenty years revenue will average $126.47/MWh according to the New Jersey Board of Public Utilities (BPU). Ørsted is seeking higher guarantees from the BPU and an increase in federal Investment Tax Credits from 30% to 40%. Recognizing the potential financial problems, New Jersey’s largest public utility, Public Service Electric & Gas Company sold its 25% share of the project to Ørsted in January.
The company said it is “reconfiguring” Ocean Wind II in New Jersey, and its Skipjack Wind project off the coasts of Maryland and Delaware because they do not currently meet its projected financial standards. The Maryland Public Service Commission guaranteed Skipjack Wind $146.42/MWh average over twenty years and also gets to keep revenue from sales to the regional grid. Apparently, the higher guarantee is still not enough to meet the company’s financial goals. Ørsted is working to renegotiate guaranteed prices on two other projects, Sunrise Wind and Revolution Wind, that would need a 30% increase just to meet the current Ocean Wind 1 guaranteed price.
Meanwhile, projects off New York are asking for an average 48% increase in guaranteed prices that could add $880 billion a year to electric rates, or almost $18 billion over twenty years (see table below).
In North Carolina, the latest long-term energy plan from Duke Energy drops offshore wind entirely in favor of nuclear, solar, and onshore wind. Furthermore, Duke has committed to only close any existing power plants once replacements are in operation, an idea that other states should follow. Two new offshore wind lease areas in the Gulf of Mexico failed to attract a bid. Vineyard Wind off Nantucket has begun construction but faces three unresolved lawsuits.
Wind turbine manufacturers are faring no better. Siemens Gamesa has announced almost $5 billion in 2023 losses from warranty repairs for turbines much smaller than those planned in the US. The company also faces price pressure. The stock price has dropped 30% since June.
This is not the time for Delaware to be considering offshore wind.
Clearly, the industry is in disarray, facing rising costs, durability, and legal issues. An 800 MW project similar in size and the current guaranteed price to Skipjack 2 may raise Delaware residential electric prices by $400 to $545/yearand for businesses by the tens of thousands. A Monmouth University poll shows a major decrease in public support for offshore wind in New Jersey, falling from 84% to 54% with 40% opposed.