Search Results for: "China"
Relevance | DateReplacing Crude Oil: The 2006 Debate Revisited (coal oil in play)
By Robert Bradley Jr. -- May 12, 2021 No CommentsEd. Note: From time to time, MasterResource reaches back in energy history to document bad governmental ideas. The example before is surprisingly recent–just before the shale revolution destroyed the case for synthetic oil and gas (not to mention wind, solar, and even nuclear in power generation) as market-competitive.
“In March [2006], the [U.S. Department of] Energy Secretary, Samuel K. Bodman, said in a speech that making diesel fuel or jet fuel from coal was ‘one of the most exciting areas’ of research and could be crucial to the President’s [George W. Bush] goal of cutting oil imports.” (below)
Synthetic oil and gas: World War II, Korean War, postwar, 1970s. All projects a failure, completed or suspended-in-construction. But a last hurrah came in 2006, a period when none other than George W.…
Continue ReadingNigeria Places Its Bet on Oil, Gas, and Coal to Secure Its Energy Future
By Vijay Jayaraj -- April 26, 2021 No Comments“Experts are unanimous that the increase in oil and gas production will play a critical role in the Nigerian economy’s recovery in 2021. Forecasts indicate that oil and gas production will continue to increase rapidly in the next two decades.”
“Nigeria’s current power generation is around 5,000 MW, while the ideal capacity would be around 30,000 MW. Nigeria plans to add six new coal plants by 2037. Together with 9 new additions of gas plants, this would provide an additional 11,163 MW of power.”
There have been reports that Nigeria, Africa’s biggest economy, is shifting away from oil and gas and is looking to invest in renewables. Recent energy decisions and investments show otherwise. The country is placing its bet on fossil fuels.
Fossil Fuels: Key to Nigeria’s Energy Future
Only 45 percent of Nigerians have access to the national power grid.…
Continue ReadingThe Fossil Fuel Dichotomy: Biden and the East’s Contrasting Energy Approach
By Vijay Jayaraj -- April 14, 2021 No Comments“Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West?”
“China emits more carbon dioxide every 16 days than Australia emits in an entire year. Together, India and China are responsible for 35% of all carbon dioxide emissions globally.”
While leaders in the West are obsessed with a fossil fuelless utopia, the developing economies of the world are going full-throttle with superior mineral enemies.
Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West?
It seems the likely case.
Eastern Giants Go Big on Fossils
India and China alone account for nearly 3 billion people and represent the largest fossil fuel consuming block on the planet, with China the undisputed champion.…
Continue ReadingGoing Honest on GHG Emissions: The Milloy Petition (and early success)
By Robert Bradley Jr. -- March 16, 2021 1 CommentEntrepreneurship applies to public policy. It is not enough to just have the superior intellectual case. Against the Malthusian juggernaut, creativity is required to get past the gatekeepers of deceit and what today is called the cancel culture.
Enter Steve Milloy, founder of JunkScience.com and Senior Policy Fellow at the Energy & Environment Legal Institute (E&E Legal).
Milloy is truing the debate and achieving transparency with corporations that are “greenwashing” in the climate debate. The initiative is told in an August 13, 2019, Press Release, “E&E Legal Petitions SEC to Address Problem of Registrants Making False and Misleading Climate Change Statements,” reprinted below.
Today, the Energy & Environment Legal Institute (E&E Legal) petitioned U.S. Securities and Exchange Commission (SEC) to take action to prevent and prohibit registrants from making false and misleading statements with respect to global climate change.…
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