Europe Trades Dependency on Russian Gas for Chinese Solar Panels
- 01/04/23
- IER
- Blog
The European Union added 41.4 gigawatts of solar capacity in 2022, increasing 47 percent from the 28.1 gigawatts added in 2021. It was led by Germany with 7.9 gigawatts of solar capacity added and Spain with 7.5 gigawatts. Other European countries also added solar capacity in 2022 as follows: Poland (4.9 gigawatts), the Netherlands (4 gigawatts), France (2.7 gigawatts), Italy (2.6 gigawatts), Portugal (2.5 gigawatts), Denmark (1.5 gigawatts), Greece (1.4 gigawatts), and Sweden (1.1...
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ESG's War On Your Retirement Account
- 12/15/22
- David Kreutzer
- Blog
Environmental, Social, and Governance (ESG) investing is all the rage among those who are frustrated that democracy and freedom are not making others do what the ragers want them to do. It is also popular among some firms who repeat the chants and don the mantle of ESG in hopes that the ragers won’t try to cancel them. However, these hardcore ESG advocates want to mandate their version of ESG, dictate which firms can get bank loans, who, in addition to stockholders, directs the firm’s...
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China Strengthens Its Energy Security As Biden Weakens America's
- 12/13/22
- IER
- Blog
It is not enough for China to be the dominant economy in the electric vehicle battery supply chain and the biggest processor of critical minerals, but it is now making inroads in the liquefied natural gas (LNG) tanker business with nearly 30 percent of this year’s record orders. Local and foreign ship owners turn to China’s shipbuilders because shipbuilders in South Korea are fully booked by orders to service Qatar’s massive North Field expansion . Three Chinese shipyards, with only...
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Biden Blocks Much-Needed Permits
- 12/08/22
- IER
- Blog
After recently denying a permit to an enormous U.S. refinery in St. Croix, U.S Virgin Islands, which could supply petroleum products to the Northeast, President Biden’s Environmental Protection Agency (EPA) is denying a renewal permit to a coal-fired plant in Ohio that generates 11 percent of the state’s electricity. EPA denied the James M. Gavin plant—a 2,600-megawatt supercritical coal plant– in Gallia County permission to release coal ash into an on-site coal ash pond that was...
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Transmission Permitting is Broken
- 12/07/22
- Thomas Pyle
- Blog
Net zero proponents, such as Net Zero America at Princeton University, believe the United States needs to build between 2x and 5x as much electricity transmission as we have today. The National Renewable Energy Laboratory estimates that to meet President Biden’s goal of a zero-carbon gird by 2035, the transmission capacity must increase up to 3 times today’s capacity “or between 1,400 and 10,100 miles of new high-capacity lines per year starting in 2026 .” One big question is whether...
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Europeans Plan on Banning EV Charging To Avoid Blackouts
- 12/06/22
- IER
- Blog
Switzerland may ban electric vehicles from being used except for “essential” purposes this winter as government officials plan for a possible energy crisis during the winter months. Swiss officials drafted emergency proposals that restrict power usage if electricity shortages occur this winter. They include fewer hours for shop owners, limited use of streaming services, lower temperature settings on buildings of 20 degrees Celsius or 68 degrees Fahrenheit, bans on concerts, theater...
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Biden Backs Corrupt Dictators Over American Energy Producers
- 12/02/22
- IER
- Blog
President Biden is continuing with his program of “anywhere but the United States” when it comes to oil investment and future production. The United States is allowing Chevron to resume pumping oil from its Venezuelan oil fields that U.S. sanctions had halted almost three years ago. The license was granted to Chevron after President Nicolás Maduro’s government agreed to implement an estimated $3 billion humanitarian relief program and continue dialogue in Mexico City to supposedly...
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Biden Telling "A Flat Out Lie" About US Energy, Tom Pyle on Varney & Co.
- 11/30/22
- AEA
- Blog
Monday, November 29, AEA president Tom Pyle joined Ashley Webster on Fox Business to discuss Biden's latest verbal attacks on American energy producers. Watch the video below to see Tom call out Biden's lies regarding what is reducing America's energy output. Read more about the 125 ways Joe Biden and his allies in Congress have made it harder to produce energy in the United States here.
Follow Tom on Twitter for his latest on America's energy policy.
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Staggering Price of Biden's "Net-Zero" Agenda Passed to Consumers
- 11/16/22
- IER
- Blog
If the United States is to reach President Joe Biden’s 2050 net zero carbon economy goals, it will need to increase its electricity generation capacity by as much as 480 percent to comply with the Paris Climate Accord. According to a recent report, firm capacity should increase by 300 to 400 gigawatts from today’s level of 850 gigawatts and intermittent wind and solar capacity should at least quadruple from the current 200 gigawatts. The study, jointly released by the Electric Power...
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Biden Brags About Dismantling Energy Independence
- 11/15/22
- IER
- Blog
“No one is building new coal plants because they can’t rely on it, even if they have all the coal guaranteed for the rest of their existence of the plant,” Biden said at a recent event touting his administration’s economic policies in Carlsbad, California. He continued to tout: “We’re going to be shutting these plants down all across America and having wind and solar.” But, the facts are: In 2021, the United States generated 21 percent of its electricity from coal—almost ...
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