“… global commodity price increases … sharp and sudden increases in interest rates, prolonged supply chain constraints, and persistent inflation have significantly increased the expected cost of constructing the project.”
Electricity rates are going up because of wind, solar, and batteries being forced upon, and duplicating, the grid. Reliability is going down because of wind and solar intermittency. And higher interest rates are (further) ruining the economics of the infrastructure-heavy, up-front capital necessary to turn “free” wind and solar into electricity.
It’s a perfect storm that might just overcome the taxpayer largesse of the federal subsidies (DOE and IRS) and rate averaging for captive ratepayers. With offshore wind experimental and extra-uneconomic, the worst can be assumed.
An October 30, 2022, article by Colin Young, “Major Massachusetts offshore wind project no longer viable,” explains the fluid situation.…
Continue ReadingThus, CO2 literally is the “food” that sustains essentially all plants (and animals who consume plants, including humans) on the face of the Earth. And when that food supply is diminished, nature begins to diminish.
In my last post I shared the results of research findings demonstrating that rising atmospheric CO2 levels represent no current direct threat to human health and/or cognitive performance and decision making. Further, I explained that they present no realistic future threat either; for CO2 levels would need to increase some 36 times above the present concentration before they would even begin to pose a mild health concern.
That value (i.e., 15,000 ppm) will never occur, given it is a factor of ten above the approximate 1500 ppm atmospheric CO2 limit that scientists think is possible if society utilized all of the currently-known fossil fuel reserves on the planet.…
Continue Reading“A renowned environmental activist has a stern warning for politicians and global leaders if they fail to act on climate change. ‘There are going to be pipelines blowing up if our leaders don’t pay attention to what’s going on,’ David Suzuki told CHEK News on Saturday without elaborating further.”
A scary fellow is in the news. “David Suzuki is retiring from The Nature of Things to focus on activism and calling out ‘BS'”, the headline states. “86-year-old TV host fears environmental movement has failed, but he won’t give up.”
That is about the nicest way to describe this Canadian Paul Ehrlich. “After 44 years of hosting CBC’s The Nature of Things,” Jaela Bernstien of CBC News reports:
… Continue ReadingDavid Suzuki’s tenure will be coming to an end. While the upcoming season will be his last, that doesn’t necessarily mean the public will see or hear less from the iconic — and sometimes controversial — Canadian environmentalist.”