“Hydrogen from electrolysis, called green hydrogen, typically costs more than $5 per kilogram, or more than five times the price when produced from natural gas.”

“The U.S. Inflation Reduction Act offers an astounding subsidy of $3 to produce a kilogram of green hydrogen, three times the market price. Imagine a subsidy of $150,000 to purchase a $50,000 electric car or a subsidy of $12 to produce a $4 gallon of gasoline. There appears to be no end to the cash governments will pay to try to establish a hydrogen economy.”

World leaders tout “green hydrogen” as an essential fuel in the renewable energy transition. Today, heavy industries use huge amounts of coal and natural gas to produce products needed by society. Governments propose to replace hydrocarbon fuels with hydrogen fuel, using hundreds of billions of dollars in subsidies.…

“Just the possibility that EPA will enact such sweeping regulations will slow investment in new power generation that all U.S. power grids need. Recent grid warnings about possible outages this summer will likely continue into the winter while potential new-generation projects proceed cautiously.”

The U.S. Environmental Protection Agency (EPA) recently proposed new greenhouse gas standards for fossil-fuel-fired power plants. These draconian regulations, part of the Biden Administration’s “all of government” climate policy—which is at odds with affordable, reliable energy—threaten the stability of the U.S. power grid.

The EPA plan is the “nuclear option” of regulations because the agency is not just proposing new regulations designed to meet more stringent clean air standards with fines if the criteria are not met. Instead, EPA seeks to impose unachievable CO2 emissions targets that will shut down existing coal and natural gas power plants and threaten the viability of the nation’s power grids.…

Ed. Note: This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnighly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete Newsletter for this post can be found here.

Greed Energy Economics:
*** Report: Six Ways Renewables Increase Electricity Bills
Solar Is Getting 302 Times More In Federal Subsidies Than Nuclear

Unreliables (General):
*** The Energy Transition is Social Vandalism
*** The electric grid needs good failure mode analysis
Kansas Republican Party Resolves to Protect Kansans from Unreliable and Foreign-Sourced ‘Renewable’ Wind and Solar Energy

Wind Energy — Offshore:
Environmentalists Seek to Save the Whales from Offshore Wind Energy
Desperate governors beg for offshore wind cost relief
Four NY offshore projects ask for almost 50% price rise

Wind Energy — Other:
*** Taking the Wind Out of Climate Change (referencing 60± studies)
*** Wind Blows
*** Windbaggery: The wind energy sector’s days are numbered
Too cute by half
Turbine graveyards’ sprawled across Texas

Nuclear Energy:
Russia and China Dominating the Race for Nuclear Electricity Generation
Are Small Nuclear Reactors The Answer To Big-Tech’s Energy Crisis?…

Ed. Note: For posts at MasterResource on the comments of Julian Simon award recipients, see the appendix below.

This past February marked 25 years since my father’s death.  In 2001, CEI began awarding the Julian Simon Memorial Award. My family deeply appreciates not only that CEI established this award, but also that CEI now has continued this award for 23 years.

The first award went to my father’s long-time collaborator, Stephen Moore. Steve, by the way, now leads the Committee to Unleash Prosperity. I hope you all subscribe to the Committee’s excellent and free Hotline.

This year’s award recipients, Marian Tupy and Gale Pooley, began working together a few years ago on a very ambitious project that last year reached an apex with the publication of their book, Superabundance.…