Developing nations surging energy use shatters UN & California’s climate alarmism crusade

Guest essay by Larry Hamlin California has updated its GHG emissions data for year 2017 showing a decrease of about 5 million metric tons of GHG emissions since 2016. The results of the states latest emissions assessment exposes significant problems regarding the state’s future and unrealistic emissions reduction goals as well as further establishing the…

The great hundred billion dollar+ renewable energy fleecing of American taxpayers & energy users

Guest essay by Larry Hamlin The colossal magnitude of renewable energy federal and state government driven subsidies, taxes and higher energy cost impacts has never been systematically revealed to the American public but has instead been secreted away from view by those enjoying the huge financial benefits of this monumental largesse. The staggering negative financial…

Oil Production at 100 million bbl/d: “Twin peaks straining the system to the limit”? Or just another day at the office in a highly resilient industry?

Guest commentary by David Middleton From the International Energy Agency’s Oil Market Report (OMR): Home » Newsroom » News » 2018 » October OMR: Twin Peaks 12 October 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 mb/d, and neither show signs of ceasing to grow any…

Thirty-Eight Years Of Subsidies

Guest Post by Willis Eschenbach On April 18, 1977, President Jimmy Carter announced his new energy policy. His speech included the following predictions of a dire future unless we repented of our evil ways: I know that some of you may doubt that we face real energy shortages. The 1973 gasoline lines are gone, and…

The Levelized Cost of Electric Generation

Guest Post by Willis Eschenbach In early 2013, the US Energy Information Agency (EIA) released their new figures for the “levelized cost” of new power plants. I just came across them, so I thought I’d pass them on. These are two years more recent than the same EIA cost estimates I discussed in 2011 here. Levelized…

The High Cost of Free Energy

Guest Post by Willis Eschenbach I will take as my departure point the following rather depressing chart from the US Energy Information Agency (EIA). It shows the rise in US electricity prices since 2001: Figure 1. Increase in energy costs for the industrial, commercial, and residential sectors, along with the average, from the EIA. SOURCE…