Has The Electricity Reality Check Arrived? | ZeroHedge

Authored by Todd Snitchler via RealClearEnergy,

At meetings of energy regulators, policymakers, consumer advocates, and industry this summer, the content and tone of the conversations around electric system reliability have changed dramatically. Executives from across the industry all agree that dispatchable generation is needed now and will be needed for many years to come.

Most prominently, the realization and willingness to say publicly that dispatchable resources like (more…)

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Germany Rejects Carbon Credit Certificates Over Alleged China Fraud | ZeroHedge

Authored by Tsvetana Paraskova via OilPrice.com,

The German Environment Agency on Friday said it had rejected carbon credit certificates from eight projects over concerns about fraudulent emission-reduction reporting and certification in China.

The so-called Upstream Emission Reduction (UER) projects are being used by oil companies to meet the European Union’s regulations and targets of reducing greenhouse gas emissions. Companies earn green credits by funding (more…)

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Biden Unveils $7.3 Billion Investment In Rural America’s Electricity | ZeroHedge

By Charles Kennedy of OilPrice.com

U.S. President Joe Biden on Thursday unveiled $7.3 billion investment in clean and affordable electricity for American rural communities as the president looks to help his Vice President and Democratic presidential candidate Kamala Harris to win voters in rural battleground states.

President Biden’s announcement, made in Wisconsin, pledges the multi-billion investment which will be funded by the Inflation Reduction Act (IRA).

The (more…)

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