Boulder, CO wants oil companies to make it snow and pay it billions

Boulderites want the courts to force ExxonMobil and Suncor to pay treble damages for causing too much snow and thus floods in some years, too little snow and thus droughts and poor ski conditions in other years; multiple heat waves in some years, bitter cold in others.

By |2018-04-23T04:42:19+00:00April 22nd, 2018|Climate|Comments Off on Boulder, CO wants oil companies to make it snow and pay it billions

Earth Day’s anti-fossil fuel focus could plunge millions into green energy poverty

As European nations come to grips with the exorbitant costs of energy subsidies and over-reliance on "green" energy (and build new coal-fired power plants to offset those costs and address the intermittent nature of wind and solar energy), the U.S. has been heading in the opposite direction -- President Obama's onerous Clean Power Plan. Thankfully, the plan is held up in court, as the world is beginning to recognize the enormous costs of complying with the non-binding Paris Climate Agreement. The question remains, though, whether America will go the way of California, which already has electricity prices 40% above the national average and the highest retail gasoline prices in the U.S.?

By |2016-04-18T12:21:11+00:00April 18th, 2016|CFACT Insights|3 Comments