Search Results for: "China"
Relevance | DateNigeria 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.…
Continue ReadingPeak Demand? The Latest Oil Mirage (new Lynch/Sandrea study)
By Robert Bradley Jr. -- March 9, 2021 No Comments“The case for a near-term peak in oil demand is certainly more plausible than that of peak oil supply, but its popularity reflects a degree of exuberance that is not warranted by the data.” (— Michael Lynch, below)
With the onset of the Pandemic, the anti-industrial image-makers went to work. The Pandemic was (somehow) climate-related. The shutdowns were a harbinger of a climate-constrained world. The (victimized) oil industry was too vulnerable as an industry and vocation.
And Peak Oil Demand was now here.
Nope. PR aside, oil dominates the transportation market. Get Americans back toward normal, and the planes, trains, and automobiles will be out in force. RVs too, as well as cruise ships.
The recent rebound to $60 per barrel signals a robust fossil fuel world to come as the population gets back to its traditional ways.…
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