Tag Archives: donald trump

The proposed US carbon tax – a recipe for disaster

A group of Republican elder statesmen have recommended that the US adopt a $40/ton carbon tax as the “most efficient and effective way of reducing CO2 emissions”. This post reviews the potential economic impacts of such a tax on the US energy sector. It concludes that the impacts on the oil and natural gas sectors would be comparatively minor but that the impacts on the coal sector would be severe. Electric utilities with a high percentage of coal in their generation mix could well be driven into bankruptcy. Continue reading

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Blowout Week 163

This week: Australian blackouts; NOAA plays fast and loose with temperature data; a US carbon tax? OPEC’s production cuts; Horse Hill resource upgraded; North Sea on road to recovery; Vattenfall loses money on nuclear; fire at Flamanville; Nord Stream 2 and Europe’s energy security; do we need Yucca Mountain? radiation from power plants; Bangladesh bets on coal; wind power growth in Europe; the UK capacity auction; Brexit to hold up Anglesey nuclear plant, Russian nuclear in Hungary; Google and renewables; UK solar industry takes dim view of energy storage; climate change to overload US grid; distressed US climate scientists welcome in France and Lord’s cricket ground goes renewable. Continue reading

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Blowout Week 162

We kick off with the exaggerated reporting of blackout risks in the UK and follow up with: Trump gets busy rolling back US oil & gas regulations; world oil and coal demand to peak by 2020; new UK guidelines on North Sea oil, the high cost of “new generation” nuclear plants; Toshiba to pull out of Moorside, Dong & Deutsche Bank to pull out of coal; Japan to build 45 new coal plants; China launches green certificates, Brexit’s impact on Irish gas prices, UK asked to cut biomass subsidies, Npower’s “shocking” price hikes, European solar demand falls; energy storage in California, Australia and Somerset; the world’s largest offshore wind turbine; a wind turbine that flaps like a hummingbird; Google’s 100% renewable energy claim a “gimmick” and a slight increase in global lower troposphere temperatures in January. Continue reading

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Blowout Week 161

We lead with UK Government moves to reduce or remove renewable subsidies and follow with Scotland still pushing renewables, Brexit to delay Hinkley Point, and the Northern Ireland biomass subsidy fiasco. Then on to the rest of the world – Europe losing its status as a world renewable energy leader, EDF to be compensated for Fessenheim shutdown, Gazprom continues to make European inroads, the precipitous drop in oil & gas discoveries, OPEC’s production cuts aren’t working – or are they? Trump revives the Keystone Pipeline, sets out contradictory coal and gas policies and scares scientists, Rio Tinto sells Australian coal assets, Shell sell North Sea O&G assets, China and Saudi Arabia to build a high-temperature gas-cooled reactor, 100% renewables in Massachusetts, Hawaii and Costa Rica, all trains in the Netherlands are now wind-powered and the latest solution to climate change – floating cities. Continue reading

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Blowout Week 160

This week we feature the inauguration of President Donald Trump and what it portends for US (and World) energy policy. After some confusing recent announcements Trump seems to have reverted to form. We continue with, oil production up in Libya and down in China, UK “last hope” for fracking in Europe, nuclear shutdown in New York, California nuclear shutdowns frustrate renewable energy goals, Russia lends $11 billion to Bangladesh to build nuclear plant, Ontario’s failed coal closure initiative, Wyoming to ban utility-scale renewables, Saudi Arabia to become a renewable energy powerhouse, 790GW of untapped wind & solar in SE Europe, Germany can’t admit Energiewende blunder, Scotland targets 66% emissions cut in 15 years, Ikea refuses to invest in more renewables in UK, UK wave power “far too costly”, energy bills and the plight of UK pensioners, too much sun in Yorkshire, the Paris Agreement to cost $100 trillion and reduce warming by only 0.3C and a hydrogen-powered boat plans to circumnavigate the globe. Continue reading

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Blowout Week 157 – New Year’s Edition

We kick of this week with a look at EU gas imports from Russia. And then follow with Russians hack into a Vermont utility; Toshiba’s nuclear business in trouble; nuclear power in Iran, Switzerland and South Africa; uranium in the US and Spain; Yucca Mountain nuclear waste storage; coal in China and India; the Energiewende and the “Trump Effect”; Hawaii accelerates drive for 100% renewables; renewables records fall in Europe; Drax secures its future; post-Brexit investment surge in UK; Scotland’s renewable targets; electric vehicle costs; Swansea Bay tidal project adrift; climate change and Arctic warmth; more blackouts in South Australia and climate skeptics hoping to come in from the cold. Continue reading

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Blowout week 155

This week we kick off with the good news that the Antarctic sea ice area has changed little since the time of Scott and Shackelton. All those who have feared for the worse can breathe a huge sigh of relief. We … Continue reading

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Blowout week 154

This week we kick off with the controversial appointment of Scott Pruitt to head the US Environment Protection Agency. Else where in the news non-OPEC exporters agree to cut production by 500,000 bpd; Glencore and Qatar buys a stake in Rosneft; Shell moves into Iran; National Grid sells a majority stake in the UK gas transmission system and 9 Yak herders are killed by an avalanche in Tibet to join the lengthening list of those killed by climate change. Continue reading

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Blowout Week 152

This week we begin with Trump’ plans for Nigel Farage and continue with the Obama administration’s rush to push more regulations through, Saudis pull out of oil talks with Russia, oil potential in Mexico, pipeline gridlock in Canada, Gazprom pushes ahead with Nord Stream, Swiss to vote on nuclear phaseout, gas to ride to the rescue in France, Canada to phase out coal, snow, coal and gas in Tokyo and Beijing, the Torness nuclear outage, EU to challenge capacity markets, more UK funding for EVs, protected European forests being felled for biomass, Scott, Shackleton and Antarctic ice, how cement absorbs carbon (which is not the enemy) and the Pacific island of Ta’u, now 100% powered by solar. Continue reading

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Blowout Week 151

We begin with the Wolfcamp shale oil play in Texas and continue with the requisite dose of Trump articles, following up with Obama’s ban on Arctic drilling, Russia makes $6 billion simply by talking to OPEC, the North Sea O&G industry pleads for support, fossil fuel era “far from over”, Vietnam cans a nuclear plant, the Chernobyl Arch is moving, Asia to underpin coal demand, France to shut down coal, the Marrakech Climate Conference, global CO2 emissions not growing, vegetation slows atmospheric CO2 increase, the EU to introduce capacity mechanisms, the UK’s carbon price floor, tidal power generation in Scotland, the renewables threat to grid stability, large wind farms reduce wind speeds, a hot North Pole and a cold Siberia, UK research institute accused of misconduct and fraud, lithium from geothermal brines and what Donald Trump thinks of Scotland. Continue reading

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Playing the Trump Card: a Tale of Golf, Wind Turbines and Political Expediency

To say that US President elect Donald Trump is a controversial character would be an understatement. Not so widely known, he is also 50% Scottish, his mother Mary Anne Macleod being born in Stornaway on the Island of Lewis on May … Continue reading

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Blowout Week 150

Trump special blowout includes reactions to the Trump triumph at the polls, dismay on the part of the greens and the climate science establishment, warnings from foreign governments (except Russia, which likes Trump), predicted impacts on the energy industry, the possible demise of the Paris Climate Accord, a remarkably upbeat Al Gore and a classic example from the Independent of a projection gone awry. Following Trump we have an abbreviated mix of stories, including a $6 billion gas deal in Iran, CCS in the UAE, Scotland and Brexit, the French nuclear crunch, NatGrid says no blackouts this winter and Ed Davey falls foul of the Freedom of Information Act. Continue reading

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Blowout Week 143

In this week’s blowout we revisit the issue of £billion dumb meters, weak oil prices, Libya ramping oil production a lot, Donald Trump wooing the oil industry, Australia’s stranded coal reserves, wind frenzy in China, US wave power takes off, blackouts in Puerto Rico, the Nordlink inter-connector, Holland to close coal fired power generation, Tesla to power Europe. Continue reading

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Blowout Week 137

This week we return to Hinkley Point, where yet another potentially deal-breaking complication has arisen as a result of the US filing suit against the China General Nuclear Power Company – a 33.5% stakeholder in Hinkley – for nuclear espionage. China has warned that retaliatory measures may be taken if the UK now dumps Hinkley. So what happens next? Continue reading

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Blowout week 125

Fire at Ivanpah Concentrated Solar Plant in California, Trump to renegotiate Paris climate deal if elected, Portugal runs on renewables for 4 days, the Saudi bond issue, Anglesey nuclear plant moves ahead, EU plan causes nuclear uproar in Germany, Japan lagging in divesting coal, South Australia running on renewables, Tory MPs favor Swansea Bay tidal, Nigerian militants control the global oil market, a cabinet shuffle in Scotland, Portland, Oregon bans “climate change denial” books in schools, possible blackouts in Southern California, Google’s human flypaper and Pakistan digs mass graves for anticipated future climate change victims. Continue reading

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EU to Introduce Two New Time Zones

Earlier today Mr Donald Trunk, EU Commissioner for Social Adjustments, launched an initiative that will see two new time zones introduced before the end of 2017. Mr Trunk explained that spreading electricity demand more evenly across the continent will help integrate the new electricity market and reduce peak demand. What better way to achieve integration than to divide the continent into 5 time zones? Continue reading

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Blowout Week 115

There seems to be a growing consensus that the oil price slump is finally nearing an end. Plus Obama’s plan to cut methane omissions, lawsuits threaten Japan’s nuclear revival, South Africa wants nuclear plant bids, France to close Fessenheim, Indonesia running out of coal, Hinkley finance chief quits, Britain’s “smart energy revolution”, the UK, Ireland and France still lagging on EU renewable targets, the Big Six losing even more money, tidal power from the Shetlands, US considers prosecuting “climate deniers” and the perilous state of the Mosul dam. Continue reading

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Blowout Week 103

This week we kick off with Saudi politics. Below the fold different perspectives on the oil price, peak coal, thorium in Indonesia, Belgian reactor restart upsets Germany, Cameron & the EU, Kellingley closure marks end of an era, UK steelmakers get green tax compensation, Donald Trump loses Aberdeen wind farm appeal, Energiewende slows down, renewables face extinction in the Czech Republic…. Continue reading

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