"While this is a demonstration facility and relatively small compared to a full-sized, natural gas plant (25 megawatts compared to a range of 100 to 1,800 megawatts for a commercial plant), it’s an example of innovative efforts in a small but growing segment of the oil and gas industry to find ways to reduce emissions associated with using their products."
"Mid-Atlantic and west coast states are forecast to have the biggest hikes in home electricity costs from June to September, jumping about 12% from the same period last year, said NEADA and CEPC, which are both Washington-based policy organizations focused on affordable energy access for people with low incomes. Steep rises of about 10% are also likely for Midwestern states and parts of the U.S. south, the organizations said."
Since 2010, Li-ion prices have dropped from $1,200 per kilowatt-hour to less than $140 per kilowatt-hour.
"So, how does it work? TREES supports smallholder farmers with training, seeds, tools, and grants to grow 'forest gardens' instead of tired old monocultures. Supporting biodiversity helps to protect the health of the soil. Groups of farmers get regular support from lead farmers to nurture plots with around 5,800 diverse trees on just one hectare (2.5 acres)."
By embracing innovative technologies and practices, energy companies are proving that it's possible to provide the power the world needs while also reducing their carbon footprint.
"Despite the setback on combustion emissions, the overall emissions intensity of Permian energy production fell considerably. Methane intensity of gas extraction fell by 78 percent, and overall greenhouse gas intensity fell by 47 percent. In short, the Permian is producing far more gas and oil than it was seven years ago, but it’s doing so in a more carbon-efficient manner, which has prevented methane and carbon emissions from rising at the same rates as production."
"Perhaps EVs are the future of transportation. If so, consumers will adopt them by choice over time, and the necessary infrastructure will be developed in due course, just as it was for automobiles a century ago. But putting the mandated EV cart before the charging infrastructure horse is a prescription for an expensive policy that is doomed to fail."
"Porter said the insurance industry is hurting in part because of inflation's impacts to construction costs. With climate change altering the frequency and severity of extreme precipitation that leads to flooding, inflation can make repairs more costly."
"Supporters of using carbon credits, which include influential climate advocacy groups such as the Bezos Earth Fund, the Rockefeller Foundation and multinational banks tasked with financing economic development, say the two-year long effort to improve standards can make these credits a key source of desperately needed funds for decarbonization efforts in Africa, Latin America and South and Southeast Asia."
The fantasy that reducing energy supply by haranguing oil companies and consumers is catastrophically bad for the planet and its people, especially for lower-income Americans and people in the developing world.
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