[Source: Financial Times] Coal, oil and gas still expected to contribute 85% of primary power supply by 2040. Unprecedented efforts to install renewable power capacity have only translated into meeting 2 per cent of global energy demand, meaning the world’s overwhelming reliance on fossil fuels shows no sign of abating. A new report forecasts that Read More…
Newsroom
China’s electric vehicle showrooms are sending an ominous signal about the sales outlook this year
[Source: South China Morning Post] Chinese electric and hybrid vehicles makers are bracing for a downturn, after consumers flocked to showrooms before the government scaled back its subsidy programme designed to promote green vehicles in June. Analysts said anecdotal evidence points to a downturn in the new-energy vehicle (NEV) segment in July, the first full Read More…
The crippling cost of doing business in California
[Source: Orange County Register Editorial Board] CNBC’s annual state-by-state “business climate” study is out. No surprise, we’re dead last — No. 50 — among the states for “cost of doing business.” Here’s an area where you don’t want to say, “As California goes, so goes the nation.” Almost all of California’s business-climate problems are self-inflicted, Read More…
Fading electric vehicle support in US and China could delay peak oil demand
[Source: GTM] The U.S. Energy Information Administration and International Energy Agency are likely to upwardly revise their oil demand projections, a new report says. Policy support for electric vehicles is waning in key markets around the world, potentially softening EV sales and pushing back forecasts for a peak in global oil demand, according to a Read More…
California’s latest descent into liberal madness – Berkeley bans natural gas
[Source: FoxNews] From sanctuary cities to brutally high taxes, California is the undisputed center of gravity for today’s far-left. If you want to see how liberal policies would look on a national level, you don’t have to imagine it. You can just look at the thousands fleeing the once-great state. In the latest chapter of California’s descent Read More…
The Energy 202: EPA’s new ‘no surprises’ inspection policy has some critics worried
[Source: The Washington Post] The Environmental Protection Agency will no longer have inspectors drop by power plants and other potential illegal polluters without giving states notice, a move Trump administration critics say will limit the agency’s ability to enforce environmental laws. A July 11 memo from Susan Bodine, the EPA’s top enforcement official, to regional administrators spelled out the Read More…
Berkeley becomes first U.S. city to ban natural gas in new homes
[Source: San Francisco Chronicle] Berkeley has become the first city in the nation to ban the installation of natural gas lines in new homes. The City Council on Tuesday night unanimously voted to ban gas from new low-rise residential buildings starting Jan. 1. It’s not the first time Berkeley has passed pioneering health or environmental Read More…
Governor Newsom champions measures that would take us back to medieval times
[Source: Fox & Hounds] Governor Newsom is vocally supportive of the Green New Deal that would take us back to medieval times. The Governor’s statement on July 12th was scary. He is looking into putting a moratorium on fracking for oil and wants to reduce the state’s reliance on fossil fuels. The Governor seems to Read More…
San Francisco trial court ruling a temporary setback for Prop. 13
[Source: Los Angeles Daily News] Recently, a San Francisco judge upheld the validity of a local special tax that failed to secure a two-thirds vote of the city electorate as required both by Proposition 13 (1978) and Proposition 218 (1996), also known as the Right to Vote on Taxes Act. Both initiatives were sponsored by Read More…