Every consumer should understand this very important article about the economic reality of building a gas fired power plant. The term Stranded Asset should be explained. The electric power producers are not making decisions that are in the best interests of their customers and shareholders. The banks should be required to finance new fossil fuel
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This doesn’t look good. https://ark-invest.com/newsletters/issue-310/
The Earth is being threatened by Joe Manchin’s conflict of interest. https://cleantechnica.com/2022/03/31/manchins-coal-conflict-of-interest-is-dangerous-for-the-planet/
Tony Seba talks about the fastest way to get to Net Zero – by ending the $6 Trillion/yr fossil fuel bailouts. https://rethinkdisruption.com/carbon-tax-fossil-fuel-bailout/
ClientEarth, a European climate law charity, has filed lawsuit alleging that Shell breached its legal duties by mismanaging climate risk. This is a novel approach and if successful could mean big changes for Big Oil and the fossil fuel industry. https://www.theenergymix.com/2022/03/27/shell-breached-legal-duties-by-mismanaging-climate-risk-lawsuit-alleges/
China’s green hydrogen message spells bad news for Russia. Quote: << Green hydrogen made no sense as commercial venture back when the cost of wind and solar power was sky-high. As those costs have come down, the green hydrogen market has exploded, and for good reason. Hydrogen is already part and parcel of the modern
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US Treasury secretary Janet Yellen said the US should have moved faster toward renewable energy. It would have made us more independent of foreign and Russian fossil fuels. Quote: << Current energy market struggles are a reason to increase focus on renewable energy, Yellen said. >> https://www.cnbc.com/2022/03/25/yellen-the-us-should-have-moved-faster-toward-renewable-energy.html
The author believes it will take a lot longer to transition to EVs than it took to transition away from CRT displays. Quote: << The transition to EVs will be long, gradual, uneven and painful. >> I think the author is too pessimistic. A few years ago one would rarely see a Tesla EV. Now
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The oil companies have raised prices and made record profits, at the expense of American consumers. Republicans are trying to blame Biden for high gas prices. Brian Tyler Cohen explains in this video. https://youtu.be/hA2e9fFiZB0 Politifact fact checked this. Republicans are trying to blame high gas prices on Biden. It’s a typical underhanded political ruse that
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A long article, important information about taxation of aviation turbine (jet) fuel. https://cleantechnica.com/2022/02/07/the-wacky-untaxed-world-of-jet-fuel-is-coming-to-an-end/
