"With all these government intrusions into the market come special favors and privileges, anti-competitive practices, protections, and subsidies that benefit some at the expense of others due to the interaction of government officials and politicians on the one hand and those in the private sector wanting to escape from competition through interventionist 'shelters' that guarantee them 'safe spaces' from the normal competitive forces of a real free enterprise system."
"Wind and solar don’t need to pay for fuel, so they can deliver low-cost power to ERCOT whenever the weather is favorable. That pushes down the prices that coal owners can earn during those high-renewables hours, reducing the amount of time when it makes economic sense to run their plants. Solar can only operate in the sunlight, yet it still managed to produce more megawatt-hours in March than Texas coal plants, which technically could run at any time of day."
"More pro-growth policies are the only way to ensure that the United States remains the world’s innovation leader. These policies include light-touch regulation on new technologies such as AI, tax policies that encourage investment such as full expensing, new free-trade agreements with friendly countries such as Indonesia and the Philippines, and a better immigration system that encourages the best and brightest to live and work in America. If we continue to take innovation and growth for granted, eventually we will fall behind."
"The Natrium reactor, which has been developed by TerraPower along with GE Hitachi Nuclear Energy, is a bit larger than most SMRs, with a generation capacity of 345 MW. The reactor also includes a molten salt-based energy storage system (ESS). TerraPower has said the ESS could increase the power output to 500 MW for a period of more than five-and-a-half hours if needed."
"'We're keeping a very close eye on it, recognizing there is a very strong alignment and synergies with what we already know how to do.'"
"Keurig Dr Pepper said that it would begin beta testing of the new Alta system, which will take the compostable pods, as early as this fall. The company plans to refine the product further before wide release of the Alta."
"The BLS inflation data released yesterday is 'especially damning,' said Paul Cicio, chair of the Electricity Transmission Competition Coalition. While electricity generation costs have fallen due to low natural gas prices, 'transmission costs continue to accelerate,' he said."
Lamenting the “obscene” energy demands artificial intelligence (AI) will command, a recent New Yorker article asks, “How can the world reach net zero if it keeps inventing new ways to consume energy?” The energy needs of cryptocurrency mining and clean-tech manufacturing have also raised concerns that the world will not meet climate targets. The reality...
The SEC’s decision to exclude Scope 3 emissions was a win for businesses. However, the Commission’s complex reporting rules still add undue costs to consumers and the private sector.
"Another reason for miners’ lack of investment is woefully lengthy permit processes, which delay projects and add uncertainty. In America obtaining permits often takes between seven and ten years, with companies required to consult a variety of government agencies and other interested parties. In some countries environmental concerns have led to approvals being withdrawn. The Serbian government revoked the licence of Rio Tinto, another mining behemoth, for a $2.4bn lithium mine after environmental protests broke out in the country in 2022."
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