Bloom electricity costs about $200 per megawatt-hour – three times the price of typical coal, gas, nuclear or hydroelectric power.
California's mistaken new energy law spells trouble for everyone. As business flees, the politicians in Sacramento are going to want to inflict the same burdens on the rest of us to "make things fair." This energy-wound is self inflicted. California should adopt a wiser course and others should avoid repeating their mistake.
"The New England electricity market will rapidly worsen, requiring further out-of-market actions to adequately compensate generators in order to preserve grid reliability... State subsidies will beget reliability subsidies, driving consumer costs ever higher and doing away with future market-based investments for new or existing power generation."
Europe’s pivot away from traditional power sources without a proper contingency plan may be putting the continent at risk of a severe energy crisis, warns an energy executive.
By Drew Johnson -- Gore even told the “TODAY Show” that his home uses 100 percent renewable energy, but that is an outright lie.
Despite pleas from state and local government, the Obama EPA demanded Arkansas spend billions it cannot afford or lose its coal plants. The Trump EPA has an opportunity to do better.
CFACT Senior Policy Analyst Paul Driessen cuts to the point -- that billions of people in Africa, india, and elsewhere are systematically being denied reliable access (or any access) to electricity by cold-hearted bureaucrats and elitist governments who have decided for these people that no electricity is better than fossil fuel electricity (or even hydro). Yet when people do gain access to affordable energy, their productivity can skyrocket.
A cynical coalition of environmentalists and corrupt dictators and bureaucrats is working overtime to keep most Africans (except themselves) poor and malnourished, without jobs or even access to modern medical care. Steven Lyazi asks when politicians and activists will stop pontificating about saving the environment and start saving the lives of Africa's people?
Unelected radical environmental groups have been dictating California energy and environmental policy for over a decade, and now the state has shuttered its final nuclear power plant -- which alone produces twice the state's total amount of solar energy capacity. Barring a major reversal of policy, Californians should expect blackouts in years to come. That is, unless some bureaucratic overstep ignites a fire in the hearts of Californians.
CFACT Senior Policy Advisor Paul Driessen makes a strong case for reining in the Environmental Protection Agency to protect the future of American prosperity. For example, the EPA's new Clean Power Plan may triple or even quadruple electricity rates in states now heavily dependent on coal for electricity generation. Sue and settle, junk science, and even deceptive or fraudulent practices by EPA employees must be curtailed.
Coal state Democrats are in open rebellion with their party over energy. Watch one candidate turn off Obama's lights in this shocking ad.
If its Clean Power Plan rule is allowed to go into effect, EPA will subject the country to a wrenching transformation of its energy sector that cannot be justified by the available scientific evidence or the damage it will inflict on ordinary citizens and the environment.
Electricity for Africa may become a reality, unless global warming campaigners get their way.
Radical Greens invented the lie that carbon dioxide is a pollutant, the EPA picked up the lie, and the U.S. Supreme Court formalized the lie as official U.S. policy. The results, as noted by Alan Caruba, are devastating for the U.S. economy, The U.S. Chamber of Commerce agrees, and shudders at what lies ahead.
CFACT testified today at EPA's hearing on proposed emissions regulations for new power plants. These regulations will make it nearly impossible to create a new coal-fired electricity plant in the United States at a time when China, India and even Germany are expanding their use of coal.