It’s The Dawn Of Life-Saving Coal: 2010 Consumption Jumped 5.2% – Most Since 1979
By P Gosselin on 7. Oktober 2011
Dig baby dig!
Germany has put the shutdown of all its nuclear reactors on the fast track since the Fukushima accident. Finally, Germany’s Renewable Energy Revolution to rescue the planet from nuclear power and climate-killing CO2 emissions appears set begin in earnest, at least that’s what the climate rescue heroes would like to believe.
Unfortunately for the renewable energy cheerleaders, and the enemies of fossil fuels, things are in reality developing quite differently globally and even in Germany. For example, China is putting one brand new coal power plant online every week, and will do so for the next 40 years. Now, suddenly, Germany looks poised to crank up its coal power capacity too. Edgar L. Gärtner at eigentumlich frei has a commentary called: Energy Revolution” – The New Age of Coal“. The climate fantasy rescuers aren’t going to like it. (No Tricks Zone)
Biodiesel industry rejects EU land use impact study
Europe’s biodiesel industry rejected the findings of a draft EU study showing that the cultivation of rapeseed to make road transport fuels is worse for the climate than using conventional diesel. (Reuters)
Navy losing money on solar panels, audit says
WASHINGTON — The Navy is unwisely losing money on new solar energy panels installed with stimulus funds at Lemoore Naval Air Station and other California bases, auditors say.
Lemoore was among 10 Navy and Marine Corps bases in California to have new solar energy systems installed even though they won’t be cost-effective, the Pentagon auditors found.
Don’t miss this: Washington Post editorial: “the government ‘is a crappy vc’…all solar-energy ventures are risky. Fossil fuel technologies are more cost-effective for the vast majority of uses”
Solyndra: A bad bet Obama should regret – The Washington Post
When a profit-making venture blows half a billion taxpayer dollars, the president should be more upset about it. Much of the criticism Mr. Obama is taking over Solyndra is political. But not all of it.
The important lesson is that the government “is a crappy vc” — venture capitalist — as then-White House economic adviser Lawrence Summers put it in an internal e-mail.
Doubling Down On Solyndra
Scandal: As the Energy Department’s loan chief leaves a sinking ship, the president says that people thought bailing out a failing solar panel maker was a “good bet.” Next time play with your money, not ours. (IBD)
Upton, Stearns Comment on Explosive White House Documents on Solyndra
WASHINGTON, DC – Energy and Commerce Committee Chairman Fred Upton (R-MI) and Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL) responded to documents the committee received late today from the Obama administration regarding the investigation into the $535 million Solyndra bust. (Energy & commerce)