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Joe Biden’s massive electric vehicle (EV) agenda will subsidize the lifestyles of America’s well-to-do while hitting average people the hardest.... The Biden administration is aggressively regulating the U.S. auto market to drastically increase the proportion of EVs sold over the coming decade, but consumer demand has not taken off as quickly as proponents had projected despite the subsidies made available by Biden’s flagship climate bill, the Inflation Reduction Act (IRA). Manufacturers are slashing prices of their EVs to make the vehicles more appealing to consumers, which will increase prices for internal combustion engine (ICE) cars to compensate; this dynamic will...

The passage of the Inflation Reduction Act propelled forward President Joe Biden’s vision of a clean energy economy. As outlined in a 2023 guidebook, this remaking of the U.S. economy includes billions in funding for green tech manufacturing — everything from hydrogen production to batteries to solar panels. The plan will not only create jobs and investments for Americans, according to the Biden administration, it will lower the nation’s dependence on China, which currently controls 80% of the global production in polysilicon and other components used in solar panels, 80% of wind-turbine components, and 89% of the refining to produce...

John Sabo and Josh Thieler grew up in Pittsburgh-area communities that were hit hard as 200,000 steel and manufacturing jobs disappeared from the region, upending their parents’ generation and leaving main streets pocked with empty storefronts. Sabo, the son and grandson of mill workers, says his father rarely found steady work after losing his job in a U.S. Steel mill, leaving Sabo to “know what government cheese tastes like.” Thieler spent part of his childhood in a trailer park in a small city that shed nearly half its population as families hunted elsewhere for work. Today, both men have good...

The final coal-fired power plants in New England are slated to shutter in the coming years, making it the second region to phase out the energy source that powered the U.S. economy for decades.

At first glance, nothing extraordinary jumps out about what’s happening in the Permian to depress Waha prices. Permian supply is in line with or lower than where it has been all winter, except for during the mid-January freeze-offs.Is it pipeline maintenance? Weirdly low demand?We’ve dug into it and determined that no single driving factor or event is to blame for the recent run of negative prices.Instead, it’s a combination of low demand (both within the basin and without), as well as pipeline work along several key routes, including El Paso Natural Gas (EPNG) and some of the newer greenfield pipelines...

Reuters said Novatek had stopped operations at its Arctic LNG 2 project, which processes gas from the Utrenneye field on West Siberia' Gydan Peninsula, in the latest blow to Russian fuel exports. It comes as Russian exports funding Putin's war have been hampered by repeated drone strikes on oil facilities, blamed on Ukraine. One energy industry expert told Newsweek that state oil giant Rosneft had reduced daily oil processing in March by a fifth. Sanctions have caused a lack of specialist tankers to transport the LNG from Russia through thick sea ice. Six Arc7 tankers were due to be built...

Bidenomics is really about insane money printing after Covid and the installation of Biden as President. Biden and The Federal Reserve are both pushin’ too hard. Biden to fundamentally change the US and The Fed trying to cope with the inflation reaction. With Covid and then Biden’s selection as President, Federal outlays exploded (blue line) and remain elevated under Biden. To help finance the (outrageous) spending The Federal Reserve massively increased the M2 Money supply (green line). Now, The Fed has withdrawn some of the excessive monetary stimulus, but there is a staggering amount monetary stimulus still swimming around the...

One of the officials of the US Treasury Department reiterated EAM S Jaishankar’s words on Russian crude oil. Anna Morris, Acting Assistant Secretary for Terror Financing (US Treasury), was in Delhi on April 04. She was asked about US buying a large portion of refined oil from India, the country which imports crude from Russia.

The Biden administration on Wednesday barred drilling and mining in a Colorado landscape known as the Thompson Divide, an area of mountaintops, foothills and valleys in the center of the state. The administration said it would bar drilling and mining in 221,898 acres of the divide’s lands for 20 years as part of an effort to preserve it for the future. “The Thompson Divide area is a treasured landscape, valued for its wildlife habitat, clean air and water, and abundant recreation, ecological and scenic values,” Interior Secretary Deb Haaland said in a written statement. “The Biden-Harris administration is committed to...

In March, Energy Secretary Jennifer Granholm had stated that the SPR would be refilled by the end of 2024. The Biden administration is reportedly putting a hold on plans to replenish the nation’s energy stockpiles, citing cost. The Energy Department announced it would not be purchasing 3 million barrels of oil as part of an effort to refill the Strategic Petroleum Reserve, according to Bloomberg, saying it is “keeping the taxpayer’s interest at the forefront.” The administration’s target for the buys is $79 a barrel, but its purchase of 2.8 million barrels last month averaged approximately $81 per barrel. Oil...

The Biden Regime canceled its plan to refill the Strategic Petroleum Reserve because oil is “way too expensive.” Biden drained the U.S. Strategic Petroleum Reserve to its lowest level in 40 years. Now, the Biden administration is CANCELLING their plans to refill it because oil is "way too expensive." pic.twitter.com/NYqEZ2Aosa — RNC Research (@RNCResearch) April 3, 2024 This comes as gas prices are once again skyrocketing. Recall that Biden drained the SPR to its lowest level in 40 years. Biden sold the U.S. Strategic Petroleum Reserves (SPR) to Europe, India and China. Joe Biden depleted the SPR to help China....

Scientists say they have created an experimental new high-tech window coating that works similarly to polarized lenses on sunglasses by allowing all of the visible light through while also reflecting unwanted heat. If added to existing buildings and car windows, the new coating could reduce internal temperatures in hotter climates without sacrificing any of the visible light while also reducing energy usage for indoor air conditioning by as much as 30%. The new coating was developed by researchers from Notre Dame University who were looking for a cheap yet viable way to reduce the use of air conditioning in cars...

President Joe Biden's administration announced Tuesday their approval of another large offshore wind project off of the coast of Martha's Vineyard, despite ongoing legal battles to block similar projects. The Interior Department approved the New England Wind Project, a planned commercial off-shore project roughly 20 nautical miles south of Martha's Vineyard and 24 nautical miles southwest of Nantucket, Massachusetts. The planned wind farm would include up to 129 wind turbines off of the coast of the island, the location of some of the wealthiest homes in the United States. 'The New England Wind project will help lower consumer costs, combat...

The Biden administration's Department of Energy announced Monday that it would distribute $6 billion in grant funds to a number of climate projects, according to a department press release. The funds will be dispersed to 33 projects across the country as part of Biden's "Investing in America Agenda." The grant program aims to "decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation's manufacturing competitiveness." Only projects that demonstrate a commitment to an "equitable and inclusive clean energy future" by "develop[ing] and ultimately implement[ing] a comprehensive Community Benefits Plan" are eligible....

Incredible map shows the places on the moon where we might find ‘infinite energy’ or trillions in minerals by 2030. A new space race is warming up after half a century, with Russia, China and America racing to put robots, human astronauts and even lunar trains on the moon. The prize is enormous, with resources ranging from ‘rare earth’ minerals used in electronics to Helium-3, a potential energy source which could power a nuclear fusion revolution offering infinite clean energy. Morgan Stanley has previously suggested that the global space industry could be worth $1 trillion annually by 2040 - and...

On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Treasury Secretary Janet Yellen stated that a key plank of President Joe Biden’s agenda to lower costs is by “creating incentives to dramatically improve the use of clean energy in the United States” and “over time, this will help lower household energy costs.” Host Andrea Mitchell asked, “[H]ow can you — I know you’re in Georgia today — help get the message to people that the economy is better and improve it even more, get those grocery prices down, help bring down the prices that people are feeling at their kitchen table?”

A 3,000-acre solar farm 40 miles from Houston, Texas, was massively damaged on March 15 when huge chunks of hail fell from the sky and shattered hundreds of panels, leaving the facility running at “reduced capacity.” From the look of the pictures, it would seem that it’s operating at heavily reduced capacity.A hailstorm this month has damaged thousands of solar panels at the 350-MW Fighting Jays Solar Farm in Fort Bend County, Texas, “Golf ball”-sized hail fell in the area on March 15, and aerial footage captured from a helicopter offered a glimpse at the extent of the damage pic.twitter.com/3G4SkaRTLI—...

A federal lawsuit pits green energy against saving endangered whales, as three conservative groups are suing the Biden administration to stop what they say would be the largest wind energy project in the world. The Virginia Offshore Wind project could cause significant harm to the North Atlantic right whale, according to the 61-page complaint in U.S. District Court for the District of Columbia filed by the Committee for a Constructive Tomorrow (CFACT), the Heartland Institute and the National Legal and Policy Center against federal agencies as well as Dominion Energy. The lawsuit names the Interior Department, the Commerce Department, the...

Greece would “of course” be interested in purchasing Canada’s liquefied natural gas (LNG) if the resource could be made available to the Mediterranean country, Greek Prime Minister Kyriakos Mitsotakis says. Mitsotakis sat down with CTV’s Question Period host Vassy Kapelos in Montreal for an exclusive interview airing Sunday, during the prime minister’s visit to Canada over the weekend. Canada has eight LNG projects “in various stages of development,” according to Natural Resources Canada. The first export facility is slated to begin operations next year with shipments destined for some Asian countries. But whether Canada can and should plan to also...

How much energy AI really needs. And why that's not its main problem. | 8:05Sabine Hossenfelder | 1.19M subscribers | 171,326 views | March 25, 2024