“On the 15th anniversary of the BP blowout, the real takeaway is that oil companies that think they are ‘beyond petroleum’ are value destroyers for shareholders and for the environment.”
Every April commemorates BP’s Deepwater Horizon oil spill (April 2010). To the anti-energy Left, Deepwater Horizon is the epitome of oil-gone-bad, coming some 21 years after the Exxon Valdez oil spill. It was not supposed to happen again, but ….
The sad facts of Deepwater Horizon will forever remain; the multiple failures behind the seafloor accident meticulously documented. But a paradox remains. Mighty BP, captained by John Browne, the leading “environmentalist” of the petroleum industry, created a corporate culture that resulted in lax safety and environmental protocols. By saving about $5 million out of $100+ million in drilling costs, the company ended up paying out in excess of $60 billion.…
“The Trump administration is cutting funding for climate research across all federal departments…. Maybe it’s time for NASA to stick to space exploration, NOAA to stick to weather forecasting, and for the climate models to be shut down.”
Climate models have been the basis for concern about climate change for more than 35 years. The US government, the United Nations, and organizations across the world have used model projections to warn about global warming and to demand a shift to renewable energy. But Trump administration budget cuts at NASA, NOAA, and other federal agencies threaten to shut down the models, the heart of climate change alarmism.
In June of 1988, Senator Tim Wirth, then chair of the Committee on Energy and Natural Resources, held the first-ever hearing on the science of climate change.…
This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions.
Greed Energy Economics:
*** Epstein: Why Congress’s new budget should eliminate all IRA “tax credits”
Trump energy chief warns clean energy tax credits are a ‘big mistake’
Unreliables: Energy Health and Ecosystem Consequences:
*** Affordable, Reliable, Clean Scorecard: Natural Gas Is Tops, Wind And Solar Are The Worst
Two new studies imply the Golden Eagle cannot survive more wind turbines
Wind power is buying eagle-kill indulgences
Wind Energy — Offshore:
*** Thank You, Thank You, Thank You, President Trump
*** Trump Admin Halts New York Offshore Wind Project, Orders Review of All Existing Biden-Era Wind Permits
Did BOEM Break the Law to Approve Offshore Wind?…