Paris Accord Increases Use of Coal

…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

…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

Status of Battery-Powered Vehicles

…Status of Battery-Powered Vehicles… The fourth quarter saw a surge in battery electric vehicle (BEV) sales, primarily as the result of Tesla’s efforts to produce its Model 3. As a result, 4Q BEV sales increased, month over month, by 204%, Continue reading Status of Battery-Powered Vehicles

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

Congress Introduces Carbon Tax

…Congress Introduces Carbon Tax… Rep. Theodore Deutch, (D-FL) introduced H.R.7173: Energy Innovation and Carbon Dividend Act of 2018. “This bill amends the Internal Revenue Code to impose a fee on the carbon content of fuels, including crude oil, natural gas, Continue reading Congress Introduces Carbon Tax

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