Ominous Climate Change Costs

An aerial photograph of a hurricane in action

…Ominous Climate Change Costs… Barron’s, a well known financial publication, published a five-page spread, Calculating the Costs of Climate Change, stating unequivocally, “More frequent strong storms, like the hurricanes in 2017 and 2018, are among the signs of global warming Continue reading Ominous Climate Change Costs

Will Climate Destroy the Utility Industry?

…Will Climate Destroy the Utility Industry?… Fear of climate change caused by CO2 emissions can destroy all of America’s electric utilities. The first casualty could be PG&E in California. PG&E is being charged with causing multiple fires including the deadly Continue reading Will Climate Destroy the Utility Industry?

Paris Accord Increases Use of Coal

The map of the country of Bangladesh

…Paris Accord Increases Use of Coal… The goal of the Paris Accord is to “keep the increase in global average temperature to well below 2°C above pre-industrial levels; and to limit the increase to 1.5°C, since this would substantially reduce Continue reading Paris Accord Increases Use of Coal

Coal and the future of Energy

Analyzing the savings in Carbon Dioxide emissions

…Coal and the future of Energy… While coal-fired power plants have been hit hard by regulations in the United States, coal has emerged as a very important source of energy elsewhere. High-efficiency low emission (HELE) coal-fired power plants are being Continue reading Coal and the future of Energy

Four Minutes for $150 million

…Four Minutes for $150 million… South Australia installed battery storage supplied by Musk for an estimated cost of $150 million. With a rating of 100MW/129MW, the storage can, on the face of it, provide 100 MW for approximately 1hour 18 Continue reading Four Minutes for $150 million

Prosperity is Linked to Energy

…Prosperity is Linked to Energy… The accompanying graph shows how gross domestic product (GDP), an accepted measurement of economic prosperity, is tied to the use of energy. The greater the use of energy, the greater the GDP. As shown in Continue reading Prosperity is Linked to Energy