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U.S. Offshore Wind Plans Are Utterly Collapsing.

U.S. Offshore Wind Plans Are Utterly Collapsing.

By RealClear Wire’s David T. Stevenson

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/year and 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.

 

 

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Thank Joe Biden for this.

Thank Joe Biden for this.

By JOHN ELLIS

Americans outside the wealthiest 20% of the country have run out of extra savings and now have less cash on hand than they did when the pandemic began, according to the latest Federal Reserve study of household finances. For the bottom 80% of households by income, bank deposits and other liquid assets were lower in June this year than they were in March 2020, after adjustment for inflation. All income groups have seen their balances decline in real terms from a peak in 2021, according to the Fed survey. But among the wealthiest one-fifth of households, cash savings are still about 8% above their level when Covid hit. By contrast, the poorest two-fifths of Americans have seen an 8% drop in that period. And the next 40% — a group that roughly corresponds with the US middle class — saw their cash savings drop below pre-pandemic levels in the last quarter. The figures point to dwindling firepower available for US consumers, whose resilience has kept the economy growing at a rapid clip this year and staved off the recession that many expected. Some analysts warn a downturn is still in the cards as households run low on spare cash. (Source: bloomberg.com)


2. Consumers in the market for loans to buy homes and cars are discovering that, because of the Federal Reserve’s rate increases, their money gets them a lot less than it would have a few years ago. Meanwhile, those with credit cards and other loans that carry rates pegged to broader benchmarks are finding they have gotten much more expensive. Fed officials signaled last week that they plan to keep interest rates high for quite a while. For families who don’t need to borrow, higher rates might not affect daily life too much. But for those who do, the Fed’s aggressive rate increases are really beginning to sting. “The bite is starting now,” said Liz Ann Sonders, chief investment strategist at Charles Schwab. (Source: wsj.com)

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A Nation of Snitches: DHS Is Grooming Americans to Report on Each Other

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Biden handed major legal defeat in attempt to restrict oil, gas drilling in Gulf of Mexico.

Biden handed major legal defeat in attempt to restrict oil, gas drilling in Gulf of Mexico.

A federal court struck down the Biden administration’s last-minute restrictions on an upcoming offshore oil and gas lease sale in a ruling late Thursday evening.

Judge James Cain of the Western District of Louisiana granted a preliminBiden handed major legal defeat in attempt to restrict oil, gas drilling in Gulf of Mexico.ary injunction request from plaintiffs — the State of Louisiana, industry association American Petroleum Institute (API) and oil companies Chevron and Shell — to block the Bureau of Ocean Energy Management’s (BOEM) restrictions on Lease Sale 261. The lease sale spanning millions of acres across the Gulf of Mexico is slated for next week.

Cain ruled the federal government must proceed with the lease sale by Sept. 30 under its original conditions. As a result of a July settlement with environmental groups, BOEM removed about six million acres from the sale and imposed various restrictions on oil and gas vessels associated with the leases auctioned to protect the Rice’s whale species found in parts of the Gulf of Mexico.

“The court observes that plaintiffs have demonstrated substantial potential costs resulting from the challenged provisions,” Cain wrote in his decision. “While the government defendants largely focus on the acreage withdrawal and dynamics of the sale itself, many of plaintiffs’ alleged hardships arise from the vessel restrictions.”

 

The Biden administration's actions remove about six million acres of potentially oil-rich leases from an upcoming federal lease sale.

The Biden administration’s actions — rejected by a federal court late Thursday — removed about six million acres of potentially oil-rich leases from an upcoming federal lease sale. (Getty Images)

“Industry plaintiffs have shown a likelihood that these will burden their operations on current and planned leases,” the ruling continued. “The resulting costs would not be undone by the court’s entry of a permanent injunction and order of another sale.”

Cain also said the Biden administration’s actions appeared to be an attempt to “provide scientific justification to a political reassessment of offshore drilling.” And he said the administration’s process looked “more like a weaponization of the Endangered Species Act than the collaborative, reasoned approach prescribed by the applicable laws and regulations.”

In a statement following the ruling Thursday, API Senior Vice President and General Counsel Ryan Meyers said it was a positive step in ensuring energy security.

 

“We are pleased that the court has hit the brakes on the Biden Administration’s ill-conceived effort to restrict American development of reliable, lower-carbon energy in the Gulf of Mexico,” Meyers said in a statement.

“Today’s decision will allow Lease Sale 261 to move forward as directed by Congress in the Inflation Reduction Act, removing the unjustified restrictions on vessel traffic imposed by the Department of the Interior and restoring the more than 6 million acres to the sale,” he added. “This decision is an important step toward greater certainty for American energy workers, a more robust Gulf Coast economy and a stronger future for U.S. energy security.”

Native Boarding Schools-Oral History

Interior Secretary Deb Haaland speaks in Las Vegas on April 14, 2023. The Department of the Interior’s Bureau of Ocean Energy Management put the lease sale restrictions forward after a settlement with eco groups. (AP Photo/John Locher, File)

In late August, API and its fellow plaintiffs filed the lawsuit against the Biden administration calling for the court to require the Biden administration to “fulfill its obligations to the American people.” According to industry, sales like Lease Sale 261, which is the final federal offshore lease sale scheduled, are vital to ensure long-term oil and gas production.

Overall, BOEM said — following its eco settlement in July — it would offer 12,395 blocks across approximately 67 million acres in multiple regions of the Gulf of Mexico, less than the 13,620 blocks across 73.4 million acres it originally planned to offer. The acreage stripped from the sale included potentially oil-rich tracts located in the middle of the lease area.

Offshore lease sales often span large swaths of federal waters, but earn bids on a fraction of blocks projected by companies to contain more resources and to have a higher return on investment. For example, BOEM auctioned off 73.3 million acres during Lease Sale 259 in March, but received bids worth $263.8 million for 313 tracts spanning 1.6 million acres.

 

“The injunction is a necessary and welcome response from the court to an unnecessary decision by the Biden administration,” said Erik Milito, the president of the National Ocean Industries Association (NOIA). “The removal of millions of highly prospective acres and the imposition of excessive restrictions stemmed from a voluntary agreement with activist groups that circumvented the law, ignored science, and bypassed public input.”

In addition to removing acreage from the sale, BOEM also imposed restrictions on oil and gas vessel traffic associated with the leases set to be auctioned during Lease Sale 261. Among the requirements, BOEM said specially-trained visual observers must be aboard all vessels traversing the area, all ships regardless of size must travel no quicker than 10 knots and vessels should only travel through the area in the daytime.

Oil and Gas Leases Lawsuit

An oil platform is pictured in the Gulf of Mexico about 200 miles south of Galveston, Texas. Judge James Cain blasted the Biden administration for its restrictions on offshore drilling Thursday. (AP Photo/Jon Fahey, File)

BOEM’s restrictions came in response to the administration’s settlement last month with a coalition of four environmental groups led by the left-wing Sierra Club.

In a federal stipulated stay agreement filed on July 21, the National Marine Fisheries Service (NMFS) agreed to a number of conditions requested by the groups which, in response, agreed to temporarily pause litigation in the related case. The case dates back nearly three years when, in October 2020, the environmental coalition sued the NMFS for failing to properly assess the oil industry impacts on endangered and threatened marine wildlife in the Gulf of Mexico.

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The groups pursued the lawsuit after the NMFS coordinated a multiagency consultation studying the effects all federally regulated oil and gas activities would have on species like the Rice’s whale listed under the Endangered Species Act in the Gulf of Mexico over the next 50 years. The groups argued in the original complaint that the NMFS’ biological opinion resulting from its consultation was not based on the best science.

API and NOIA also argued BOEM’s action had contravened the congressional intent of the Inflation Reduction Act, which reinstated multiple lease sales, including Lease Sale 261, after the Biden administration axed them in May 2022. In the sale’s record of decision, it is mandated to be region-wide while its environmental analysis didn’t acknowledge risks it may pose to the Rice’s whale.

 

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The Truth Shall Set You Free- “Liberty, when it begins to take root, is a plant of rapid growth.”

The Truth Shall Set You Free- “Liberty, when it begins to take root, is a plant of rapid growth.”














Words That Hide the Truth – George Carlin (on Rumble)




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So where are the free COVID tests coming from?

So where are the free COVID tests coming from? Many think that they’re made in the USA and coming from American companies. Well not really. China and other countries with American locations.

Not all American Corporations..

What they didn’t mention is that many of these companies are foreign organizations that simply have small offices or manufacturing centers in the United States, and that much of the supplies are being imported from the foreign principals.

Access Bio is based in South Korea.

Advin is based in India.

iHealth is a California-based subsidiary of Andon Health of China.

Kwell Laboratories is based in South Korea

Sekisui is based in Japan.

In total, more than $312 million, through a contract branded to “reduce our reliance on overseas manufacturing” is being distributed to foreign companies. And $167 million has been awarded to the China-based iHealth, which has received *billions* of dollars from the U.S. government for their Covid tests.

Article originally was at The Dossier

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Time to focus on where Republicans are winning with the American Voters.

Time to focus on where Republicans are winning with the American Voters. I’ve made a decision that it’s time to ease up on the criminal activities of Joe and Hunter Biden. Don’t get me wrong. There’s crimes that have been committed, but we must look at the big picture.

Republicans are winning on the Border, The Economy, Education, COVID, and Green Energy. The Biden administration is screwing up in all of those areas. They want us to just focus on Hunter so their other misdeeds will go unnoticed.

So unless it’s earth shattering and a main News issue of the day, this writer will ease up on the Hunter and Joe Biden money laundering.

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NY Governor Goes Around Voters’ Backs, Signs Change in State Election Laws

 

New York’s Democratic legislature and governor have decided to change election laws despite the fact that voters had previously rejected the idea.

On Wednesday, Gov. Kathy Hochul’s website announced that she had signed a series of election reforms designed to “strengthen democracy and protect voting rights.”

Among these new voting laws is S. 7394-A/A. 7632-A, which strengthens the controversial early voting by mail that caused so much uproar in the 2020 presidential election.

“This legislation will create a process allowing all eligible, registered New York State voters the opportunity to vote early by mail in advance of an election,” a statement on the governor’s website reads. “This legislation represents a significant expansion of ballot access in New York State, and will provide millions of New York voters with an easy, safe, and secure means of voting early by mail ballot.”

Yet for all their talk about protecting “democracy” and “voting rights,” the leftist Democrats who run New York State seem to have forgotten one big thing: The people of New York do not want this.

According to Just the News, in 2021, voters in New York rejected a measure that would have enshrined early voting by mail into the state’s constitution.

Nevertheless, Hochul and her fellow Democrats have decided to push ahead anyway, in defiance of the will of the very people they claim to serve. It’s a strange form of “democracy,” if you ask me.

Hochul’s new laws are not without pushback, however, and several Republican lawmakers at both the state and federal levels have filed a lawsuit against the governor for violating the state’s constitution.

Among those suing the governor are Rep. Elise Stefanik, the Republican National Committee, and the New York Republican State Committee. All allege that this new law is unconstitutional.

“The Mail-Voting Law is a blatant violation of Article II, § 2 of the New York State Constitution, which requires qualified voters to cast their vote in any election in person at their designated polling places unless they will be unable to do so,” the lawsuit says. The only exceptions to voting in person allowed by law are absence from the county of residence or being unable to go to their polling place because of illness or physical disability.

The lawsuit is also careful to mention that the people of New York voted against this very thing two years ago.

“The Mail-Voting Law was enacted by the Legislature in open and knowing defiance of Article II, § 2, ignoring and subverting the will of the People whom the Legislature is supposed to represent. Only two years earlier at the general election held in November 2021, the voters of the State soundly rejected a constitutional amendment proposed by the Legislature entitled “Authorizing No-Excuse Absentee Ballot Voting,” which had sought to amend Article II, § 2 by deleting the requirements for absentee voting in order to allow all qualified voters to vote by mail without providing a specific reason.”

Robert Ortt, New York State Senate Minority Leader, called the vote-by-mail scheme “yet another attempt by the far-left to keep themselves in power in New York State.”

Honestly, this situation is really infuriating. The governor and legislature are  not only violating the laws of their own state, they are also going against the will of the people and are trying to push this agenda through anyway.

Yet this is hardly surprising. The left always loves to talk about “defending democracy,” but more often than not, that just means defending the liberal agenda and advancing their ideology.

The people of New York are learning the hard way that in the world of the left, just because you vote a certain way, it does not mean that the leftist authorities are going to respect your decision.

The Republicans have every right to take Hochul and her state election officials to court because what they are doing is illegal.

Let’s hope the people of New York will not forget this illegal act and will vote differently in the next election.

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The Biden administration tried to censor this Stanford doctor, but he won in court.

The Biden administration tried to censor this Stanford doctor, but he won in court.

By Rikki Schlott.

This is a continuation/follow up to an article from Phoenix.

Judge: Biden Admin Violated Doctor’s First Amendment Rights – Looking at today’s world (atwebpages.com)

A federal court of appeals ruled earlier this month that the White House, surgeon general, CDC and FBI “likely violated the First Amendment” by exerting a pressure campaign on social media companies to censor COVID-19 skeptics — including Stanford epidemiologist Dr. Jay Bhattacharya.

“I think this ruling is akin to the second Enlightenment,” Bhattacharya told The Post. “It’s a ruling that says there’s a democracy of ideas. The issue is not whether the ideas are wrong or right. The question is who gets to control what ideas are expressed in the public square?”

The court ordered that the Biden administration and other federal agencies “shall take no actions, formal or informal, directly or indirectly” to coerce social media companies “to remove, delete, suppress or reduce” free speech.

Bhattacharya, a professor of medicine, economics and health research policy at Stanford University, co-authored the Great Barrington Declaration in the fall of 2020 with professors from Harvard and Oxford.

The epidemiologists advocated for “focused protection” — safeguarding the most vulnerable Americans while cautiously allowing others to function as normally as possible — rather than broad pandemic lockdowns.

Joe Biden in a mask
The Fifth Circuit court found that the Biden administration and other federal agencies pressured social media companies to censor dissenting views on COVID-19.
Getty Images
Dr. Jay Bhattacharya
A court found Dr. Jay Bhattacharya was among those indirectly censored by the Biden administration for his views on COVID-19.
CQ-Roll Call, Inc via Getty Imag

“We were just acting as scientists, but almost immediately we were censored,” said Bhattacharya, director of Stanford’s Center for Demography and Economics of Health and Aging. “Google de-boosted us. Our Facebook page was removed. It was just a crazy time.

“The kinds of things that the federal government was telling social media companies to censor included us — along with millions of other posts from countless other people who were criticizing government COVID policy,” he added.

A New Orleans-based three-judge panel found that the federal government “likely coerced or significantly encouraged social-media platforms to moderate content” by vaguely threatening adverse regulatory consequences if social media companies did not suppress certain viewpoints on the pandemic.

Martin Kulldorff, Jay Bhattacharya, and Sunreta Gupta
Dr. Bhattacharya (from right) co-authored the Great Barrington Declaration with Oxford researcher Sunreta Gupta and Harvard professor Martin Kulldorff.
UnHerd
Stanford campus
Bhattacharya is a professor of medicine, economics and health research policy at Stanford University, where he serves as director of the Center for Demography and Economics of Health and Aging.
Getty Images

“The government had a vast censorship enterprise,” Bhattacharya said. “It was systematically used to threaten and coerce and jawbone and tell all these social media companies, ‘You better listen to us: Censor these people, censor these ideas, or else.’”

It was later revealed that then-NIH director Dr. Francis Collins called for a “swift and devastating takedown” of Bhattacharya and his co-authors — whom Collins dubbed “fringe epidemiologists” — in an email to Dr. Anthony Fauci.

Subsequent reporting from Elon Musk’s so-called Twitter Files — internal documents and communications released by Musk, after he bought the platform, to expose Twitter’s inner workings — revealed that Bhattachrya’s profile was being suppressed on the platform.

“It’s akin to the efforts by governments to suppress the printing press when it first was invented, when books represented an enormous threat to power,” Bhattacharya said, referring to efforts by King Henry VIII and the Catholic Church to curb use of the printing press in the 16th century.

“There’s an analogous fight that’s currently going on with social media, which makes it vastly easier for anybody to express their ideas, and very powerful people find that incredibly threatening.”

The September 8 ruling affirmed but narrowed a lower court order, issued on July 4 by US District Judge Terry Doughty, which found that the Biden administration and other federal agencies “engaged in a years-long pressure campaign [on social media outlets] designed to ensure that the censorship aligned with the government’s preferred viewpoints” and that “the platforms, in capitulation to state-sponsored pressure, changed their moderation policies.”

Francis Collins
In an email to Dr. Anthony Fauci, Dr. Francis Collins (above) referred to Bhattacharya and his co-authors as “fringe epidemiologists.”
AP

Bhattacharya says the first victory, although in a lower court, was the most exciting to him.

“I was just absolutely thrilled, especially to have it on July 4th,” he said. “I think that judge was sending a message by issuing this ruling on July 4th that we’re going to restore free speech in this country.”

The Biden administration appealed to the Supreme Court on Thursday — a move that Bhattacharya anticipated.

Judge Terry A. Doughty
Judge Terry A. Doughty declared the Biden administration’s actions “Orwellian” in a July 4th ruling.
Youtube

But he believes it’s “unlikely” the Supreme Court will overturn the Fifth Circuit’s decision.

He feels his is a landmark case in curbing the influence the government has over social media — on matters that extend far beyond just COVID-19 and lockdowns.

 

 

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Hey Friend, check out these top stories that are making waves.

Headline news from VN.

Hey Friend, check out these top stories that are making waves.

CDC Drops a Bombshell on Itself, Exposes Alarming Risk/Benefit Analysis

 

Ken Paxton Acquitted on All Charges: A Victory for Texas and the Rule of Law

 

Fitness enthusiasts are dying suddenly – 16 sudden deaths examined

 

Lessons from Ivermectin: Why Stockpiling Life-Saving Drugs Is More Important Than Ever