“… by Exxon’s calculations, a barrel of algal oil could be worth as much as $350, when factoring in existing low-carbon fuel standards and tax credits that add as much $260 in value to each barrel. Traditional crude oil currently sells for less than $80 a barrel.”

“The process requires vast amounts of energy so much so that algal biofuel production might consume more energy than it produces, some researchers concluded.”

Biofuels and biomass are energy technologies that are uneconomic and a mirage for the environmental gains that are desired by Left environmentalists. It is a loss-loss-loss for energy, stockholders, and the environment.

The article by Christopher Matthews, “Exxon Sees Green Gold In Algae-Based Fuels. Skeptics See Greenwashing” (Wall Street Journal, October 4, 2021) speaks for itself.…

NJ Ayuk, executive chair of the African Energy Chamber, wants first-class energies for first-class people, not wind and solar blight. His recent post on LinkedIn speaks to Africa’s priorities.

“Ultimately, Africans deserve the same level of energy access and security that the rest of the world takes for granted. The number of people left behind is simply too large to allow foreign agendas to take viable options off the table.”

After three days in Glasgow for COP26, you can’t help but ask yourself where do we go from here as an African energy sector. I maintain my disappointment with the global elites for failing to invite the oil and gas industry. Oh well, they invited me.

With dire warnings about the impending dangers of climate change clouding the headlines on a daily basis, energy transition from fossil fuels to renewables is a hot topic.…

At a time when the anti-environmental climate movement should be collapsing alongside renewable energy, the Old Guard is doubling down. And Carl Pope, executive director of the Sierra Club, is in denial as judged by his recent op-ed in Salon, “Is there an ‘energy crisis’? Not really — fossil fuels are collapsing, and it’s high time (October 25, 2021).

Pope’s subtitle says it all: “Why are energy prices spiking? Mostly because we’re not making the transition to wind and solar fast enough.” That’s exactly wrong as blackouts and conservation alerts in Texas, California, and around the world demonstrate.

Pope’s essay follows in blue with my comments.

The Economist calls it “The Energy Shock.” Forbes and the Wall Street Journal go further, resurrecting a term from the 1970s: “Energy Crisis.”…

“Get ready, blackouts and brownouts are coming,” [Glenn] Youngkin said in a recent debate, criticizing the speed of the energy transition away from traditional fuels like natural gas to wind and solar.

A wind Energy Capacity Credit of 5% of nameplate (conservative) would mean 5,200 MW nameplate yields 260 MW of system adequacy at a cost of $142 Million per MW of System Adequacy Contribution

‘Bloody expensive.’ Major U.S. offshore wind plan hits obstacles,” read the E&E News’ EnergyWire story of October 20, 2021. “Nearly 30 miles from shore, the two turbines spin deceptively slowly, alien steel giants fixed to the bottom of the Atlantic Ocean. But the lonely pair are just a hint of what Dominion Energy plans here: an offshore wind farm covering an area the size of 85,000 football fields,” the article began.…