Australians living across the east coast and southern states can expect to see cheaper electricity bills as more wind, solar, and gas generation enter the market. A report by the Australian Energy Market Commission (AEMC) found that households in the National Electricity Market could expect to pay around $77, or six percent, less for electricity…
Queensland Renewable Targets Lacking Clarity: Report
The Queensland Audit Office (QAO) has recommended the state government improve transparency and accuracy in public reporting on its transition to renewable energy sources after finding that some calculations of its progress were inaccurate and its renewables target was not clearly defined. Renewable energy currently makes up about 18 percent of Queensland energy generated but the…
Anaheim Electricity Bills to Increase as City Moves Toward Renewable Energy
November 17, 2021
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As Anaheim continues moving toward renewable energy to meet state standards, electricity rates can go up significantly, according to Elden Krause, the city’s integrated resources planner. Consumers can expect to pay a 15 to 20 percent increase, according to data from the 2018 Integrated Resources Plan (IRP), yet the next IRP to be released might…
Investments Powering the Future of Nuclear Fusion Technology
November 10, 2021
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Optimism regarding the harnessing of nuclear fusion—an unlimited, safe, affordable, and clean energy source that powers the sun and other stars—in the coming decade has driven investors to fund projects, reigniting dreams of world-changing technological breakthroughs. There are at least 35 private fusion companies across the world including the United States, Canada, China, UK, and…
Will Investors Hit the Pause Button on Sustainable Investing?
News Analysis Sustainable investing has turned into one of the biggest trends in the finance industry, representing 33 percent of total U.S. assets under management. While investing in assets managed with environmental, social, and governance (ESG) consideration has been primarily driven by institutional investors, money managers say the retail side has grown exponentially. Last year,…
Fossil Fuels Are Back—Everywhere Except in the USA
Commentary While the greens in America, including their champion zealot, President Joe Biden, howl their primal screams over climate change, the rest of the world is turning to coal. The dark stuff. The satanic fuel. But it’s back big-time across the globe. So is old-fashioned petroleum. Bloomberg reported last week that because of high natural…
Australian Govt Campaigns to Fight Climate Criticism
The Australian government is launching a campaign to show off its emissions reductions efforts amid accusations the nation isn’t doing enough to tackle climate change. The public communications campaign, “Making Positive Energy,” seeks to highlight Australia’s climate-focused policies and achievements. “We’re committed to actively supporting practical, long-term solutions to reduce emissions, but we know Australians…
Biden’s Ban on Chinese Solar Is a Good Start; Here’s What Should Follow
Commentary In the eight months since inauguration, the Biden administration has been hard at work frantically unraveling former President Donald Trump’s “America First” policies. Amid the flurry of executive fiats and new agency rules, President Joe Biden’s ban on solar panel materials from certain Chinese companies is the first move we’ve seen that doesn’t put…
EU Unveils Plan to Increase Renewables Share in Energy Mix to 40 Percent by 2030
LONDON—The European Union must increase the amount of renewable energy it uses and cut energy consumption by 2030 under proposals the bloc’s executive Commission published on Wednesday to help meet a more ambitious goal for reducing greenhouse gas emissions. As part of a package of climate policies, the Commission proposed an overhaul of EU renewable…
OPEC and Big Oil’s New Best Friend, Joe Biden
Commentary The price of oil surged to $75 a barrel the other day under President Joe Biden’s green energy policies. The price was as low as $35 a barrel under former President Donald Trump because he believed in American energy dominance (“Drill, baby, drill”). So, more oil meant lower prices at the pump. It was…
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