“Natural gas shortages and reliability concerns in New England are neither short-term, nor unanticipated…. ISO-New England and the Federal Energy Regulatory Commission have for many months called attention to the very real reliability issues likely to face the region in the coming winter months due to insufficient supply of natural gas.”
“New England power plants generated an estimated 4.18 million metric tons of CO2 in January 2022, up from 2.77 million metric tons in January 2021, with the region’s heavier reliance on oil accounting for most of the difference.” (INGAA, below)
Government intervention creates emergencies and shortages unlike self-interested transactions within a true free market. This was true a century ago with World War I planning; and it remains true today.
The 1970s oil and gas shortages should have taught politicians that price and allocation controls do not work.…
Continue Reading“My own personal experience turned me from being ‘mildly agnostic’ about intermittent renewable power to being a strong opponent of such schemes. And outside of some ephemeral political argument about ‘saving the planet’ … intermittent power schemes, whereby the generation capacity is linked to either a regional grid or large power user that relies upon predictable energy, should be avoided at all costs.”
This is an energy story, a personal one – and it begins back when I first saw the option on my utility bill while living in a suburb of Boston back in 1999. I could elect to pay more for “green” power, about 20 percent more. “Buying a cup of coffee to save the planet” seems reasonable. I checked the box.
This was how an “Average Joe” thought~23 years ago.…
Continue ReadingEd. note: A recent manifesto from NJ Ayuk, Executive Chairman, African Energy Chamber, should be studied by social justice advocates around the world, not only the energy and environmental communities.
“… why should we in Africa give up our fossil fuels – fuels that represent solutions to some of our most pressing needs – when so many others question the wisdom of doing the same? We shouldn’t. And we shouldn’t be forced to.”
“Will fossil fuel development in Africa signal an end to all of the world’s good intentions and net zero ambitions? Or is this an example of ‘green colonialism’?”
Africans need and deserve affordable, plentiful, reliable energies, not dilute, intermittent, parasitic ones. First class energies for first class people has been a rallying cry here at MasterResource.…
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