ENERGY

Authored by Danny Ervin via RealClearEnergy,

I am generally pessimistic about the future of the U.S. due to recent energy policies at the federal and state levels that favor "green" energy technologies, primarily solar and wind.

These policies often distort the economics of power production, leading to a massive misallocation of capital and overinvestment in unreliable solar and wind projects. Reliable electricity supply requires consistency every second of the day, not just (more…)

Authored by Jill McLaughlin via The Epoch Times (emphasis ours),

Drivers in California are paying the highest prices in the nation for gas this summer by nearly 6 cents after a higher gas tax went into effect earlier this month.

A gas station in Huntington Beach, Calif., on May 31, 2024. (John Fredricks/The Epoch Times)

The extra 2 cents per gallon added July 1 was announced earlier this year by the California Department of Tax and Fee Administration. The department is required (more…)

Authored by Haley Zaremba via OilPrice.com,

• AI's rapid growth threatens the stability of the energy industry, economy, and climate due to its high energy consumption.

• The tech sector's decarbonization goals are challenged by AI's power demands, with Google reporting a 48 percent increase in carbon emissions over the last five years.

• AI and electric vehicles are expected to add significant electricity demand to the US grid, potentially leading to energy (more…)