Germany risks “deindustrialization” as high energy costs threaten to send new factories and high-paying jobs elsewhere.
Institute for Energy Research
Instead of spending millions of dollars on fire prevention as was recommended, Hawaii’s Public Utility Commission spent that money and more on complying with a state law that insists by 2045, the state will be 100 percent renewable energy.
The absurdity is that while the United States is destroying its own power generation sector and economy due to Biden’s climate agenda and desire to reduce U.S. carbon dioxide emissions, China is building more coal-fired power plants, increasing its carbon dioxide emissions and improving its economy and standard of living for its residents.
Politicians, and particularly, the Defense Department, have the responsibility to equip our sons and daughters with reliable and useful equipment when they send them onto the battlefield, rather than using them as guinea pigs for the latest fad in vogue in Washington.
California’s gasoline prices are higher than the rest of the country because of the state’s taxes and regulations.
Italy’s Transport Minister Matteo Salvini called a rapid switch to electric vehicles “suicide” and a “gift” to Chinese industry.
Abruptly decreasing domestic production of fossil fuels and shuttering of coal and nuclear plants have put Europe is an energy crisis exasperated by Russia’s invasion of Ukraine and its reduction of energy exports to Europe.
France’s aging nuclear power plants that are keeping the lights and heat on—not wind and solar power that are at the mercy of the weather.
Increasing taxes on oil company profits will just discourage investment in new production and raise prices higher, hurting American consumers even more.
Biden is continuing with his anti-oil and gas policies that he began on his first day in office.
Gasoline prices in California are at record highs and more than $2.50 a gallon higher than the national average.
The Biden administration is worried that OPEC+’s action will be a detriment to Democrats during the mid-term election and is likely to counter with more SPR releases, putting the United States in severe jeopardy of a national emergency with the Strategic Petroleum Reserve so decimated.
California Does Not Have Enough Power to Deal with Its Heat Wave, How Will It Meet Its New Rules for Electric Vehicles?
California is having trouble keeping the lights on during the upcoming heat wave. So, it is unclear how the state intends to find reliable electricity to fuel the massive numbers of electric vehicles being forced on California’s new vehicle sales.
The fact that Western Europe decided to rely on solar and wind power and Russia to supply natural gas, rather than producing their own is causing severe economic pain that is expected to last several winters.
The Inflation Reduction Act is now the climate and tax bill because politicians no longer can claim that it reduces inflation.
Bad energy decisions in Germany are yielding bad results for Germans. Americans should be aware that recent government actions here on energy are pointing results in the same direction.
Europe’s move toward decarbonization 30 years ago has resulted in skyrocketing energy prices, the need for severe conservation, possible rationing that could shut down entire industrial sectors and likely future blackouts.
It’s great to see the White House recognize that increased oil production leads to lower prices. Their math, shows that increased domestic oil production has saved $2 trillion since 2008 and currently about $2 a gallon at the pump.
Senator Joe Manchin, in a 180-degree about-face, agreed on a slimmed-down version of President Joe Biden’s Build Back Better bill that will increase corporate taxes; provide tax credits, grants and incentives to politically correct “clean” energy technologies such as wind, solar and electric vehicles; and seek to reduce greenhouse gas emissions, among other Green New Deal and climate initiatives.
The demands that Federal Energy Regulatory Commission (FERC) is placing on pipeline developers is significant and with no timeline, the uncertainty created is delaying new projects that are needed for both export and domestic purposes at a time when the administration is using every tool in its “whole of government” approach to make domestic energy harder to finance, produce, transport and consume.
It is not enough that China is buying Russian oil at a discount due to western sanctions put on Russia because of its invasion of Ukraine, but now President Biden’s Department of Energy is selling China oil from the U.S. Strategic Petroleum Reserve (SPR).
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