berg80
Diamond Member
- Oct 28, 2017
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For those who have not noticed, trump has been doing what he can shaping US policy to promote the use of fossil fuels and kill renewable energy projects.
apnews.com
The most recent example of the latter being........
www.cnbc.com
Implying he will not be happy with this development.
The Middle East crisis has severely disrupted oil exports through the strategically vital Strait of Hormuz, which typically carries about a fifth of the world’s oil and liquified natural gas (LNG) and represents a key choke point for fertilizer trade.
It has shone a light on the extent to which the world remains deeply reliant on fragile fossil fuel trade routes, while surging oil and gas prices have rattled energy markets and triggered widespread inflation fears.
Asia’s reliance on imported energy means it now sits at the forefront of the global fossil fuel crisis, but supply disruptions are also hitting hard in Europe and Africa, where countries are responding to rising fuel costs and a considerable threat to food security.
The head of the International Energy Agency said the energy transition was moving “very strongly” before the Iran war began — but the fallout from the resulting energy shock means countries will likely direct even more investment toward clean energy sources.
www.cnbc.com
Unintended consequences abound from the il-fated decision to join Bibi's jihad against Iran. Consequences not subject to being remedied by bluster, lies, deflection, denial, and pointing the finger of blame at the deep state, the fake news, Nancy Pelosi, or any other imaginary bogeymen. IOW, the usual approach. Which is why Don can't seem to find a solution to the problem of his creation.
Coal’s fortunes shift as Trump uses orders and taxpayer money to keep plants operating
Coal's fortunes shift as Trump uses orders and taxpayer money to keep plants operating
The Trump administration is using emergency powers and subsidies to keep U.S. coal plants running. Market analysts believe no coal plant closures are likely during President Donald Trump's term.
apnews.com
The most recent example of the latter being........
White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.' development of its LNG resources more urgent.
www.cnbc.com
Implying he will not be happy with this development.
‘Asia’s Ukraine moment’: How the Iran war could accelerate a shift into renewables
The fallout from the Iran war is likely to expedite the shift away from fossil fuels and make countries think differently about the role renewables can play in shoring up energy security, analysts told CNBC.The Middle East crisis has severely disrupted oil exports through the strategically vital Strait of Hormuz, which typically carries about a fifth of the world’s oil and liquified natural gas (LNG) and represents a key choke point for fertilizer trade.
It has shone a light on the extent to which the world remains deeply reliant on fragile fossil fuel trade routes, while surging oil and gas prices have rattled energy markets and triggered widespread inflation fears.
Asia’s reliance on imported energy means it now sits at the forefront of the global fossil fuel crisis, but supply disruptions are also hitting hard in Europe and Africa, where countries are responding to rising fuel costs and a considerable threat to food security.
The head of the International Energy Agency said the energy transition was moving “very strongly” before the Iran war began — but the fallout from the resulting energy shock means countries will likely direct even more investment toward clean energy sources.
‘Asia’s Ukraine moment’: How the Iran war could accelerate a shift into renewables
The fallout from the sprawling Middle East conflict is expected to represent a watershed moment for the energy transition.
www.cnbc.com
Unintended consequences abound from the il-fated decision to join Bibi's jihad against Iran. Consequences not subject to being remedied by bluster, lies, deflection, denial, and pointing the finger of blame at the deep state, the fake news, Nancy Pelosi, or any other imaginary bogeymen. IOW, the usual approach. Which is why Don can't seem to find a solution to the problem of his creation.
