Doug Lewin of Renewable Energy World reports that grid regulators in Texas spent $600,000 for a study on their market redesign that doesn’t consider extreme weather. “The report essentially tells the PUCT how to redesign the market so that the grid is reliable in an average year. Average years aren’t the problem. Unfortunately, after winter 2021...
Multilateral funding agreements have been largely ineffective as the primary vehicle to reduce climate risk. To see meaningful progress, the world needs to unleash economic freedom.
"And federal red tape is not the only problem. Energy expert and author of A Question of Power: Electricity and the Wealth of Nations, Robert Bryce has compiled a handy database of solar and wind projects that have been rejected by local U.S. jurisdictions. Since 2015, some 371 wind farms and 102 solar plants have succumbed to 'not in my backyard'-ism."
"The decision to ban natural gas heating is emblematic of the state of climate policy in the United States. Policies are chosen based on the desire of politicians to appear righteous when addressing the 'climate crisis.'
"In its latest analysis, Transparency International reports that the average corruption perception score index for sub-Saharan countries is 33 out of a possible score of 100. G77 leader Pakistan scores 28. One reason people living in poor countries remain especially vulnerable to climate change is because government thievery and incompetence have held back the economic growth that would enable them to create the wealth with which to defend themselves. Even if rich countries were willing to pony up tens of billions in climate reparations, very little of the money would likely reach the citizens who are suffering the brunt of weather disasters."
Instead of meddling in the market, regulators should step back and let capitalism do its thing.
With the right reforms, Congress and the administration can empower American energy producers to lower costs for families and businesses, diversify the world’s energy portfolio, and make progress toward climate targets.
"None of us are happy with the prices we are paying for gasoline, diesel and other petroleum products. And that is precisely why policymakers have a responsibility to look for real solutions. A refined product export ban would do more harm than good, raising domestic prices and hanging our allies out to dry."
Darrell Proctor writes for Power about coal plant closures in the United States. “China announced the new-builds during the first half of this year, despite the country’s pledge to become carbon neutral by 2060. Chinese officials have said they are looking at an emissions peak for the country before 2030.” Read the full article here.
"Restoring America’s safety means building resilient communities that are able to protect residents, so we both remain committed to prioritizing policies that will cut red tape, increase active federal forest management and hazardous fuels reduction, ensure efficient development of critical infrastructure to reduce damages from flooding, and maintain a strong energy and communication grid during times of disaster."
