Search Results for: "exxon"
Relevance | DateRenewables Slow “Energy Transition” (It’s not easy being green)
By Robert Bradley Jr. -- July 6, 2021 No Comments“Replacing gasoline-powered cars with electric vehicles will increase demand for power … [but] Texas’ grid lacks the transmission capabilities…. And without more batteries to store power when the sun doesn’t shine and the wind doesn’t blow, it will be difficult for renewables to become a stable source of electric generation.”
“The electric vehicle maker Canoo announced in late June it would build a large factory in Oklahoma instead of in North Texas, citing the Lone Star State’s unreliable energy infrastructure as one reason.”
– Houston Chronicle, July 5, 2021, B4.
Renewables cause “greenouts” by disappearing at the peak and wounding conventional (‘reliable’) generation otherwise.
And greenouts are putting electricity for transportation in doubt–and discouraging new business from relocating to PUCT/ERCOT’s Texas.
Read it for yourself: Shelby Webb in “Houston’s energy transition not likely to be smooth.”…
Continue ReadingDeepwater Horizon at 11: Remember “Beyond Petroleum” BP
By Robert Bradley Jr. -- April 20, 2021 No Comments“On the 11th anniversary of the BP blowout, the real takeaway is that oil companies that think they are ‘beyond petroleum’ are value destroyers for shareholders and for the environment.”
Every April commemorates BP’s Deepwater Horizon oil spill (April 10, 2010). To the anti-energy Left, Deepwater Horizon is the epitome of oil-gone-bad, coming some 21 years after the Exxon Valdez oil spill. It was not supposed to happen again, but ….
The sad facts of Deepwater Horizon will forever remain. The multiple failures behind the accident are also well documented. But a paradox remains. Mighty BP, captained by John Browne, the leading “environmentalist” of the petroleum industry created the corporate culture that resulted in lax safety and environmental protocols. By saving about $5 million out of $100+ million in drilling costs, the company ended up paying out in excess of $60 billion.…
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 ReadingWSJ vs. WSJ: A House Divided
By Roger Donway -- December 21, 2020 No Comments“The news reporters give you public-relations fluff; the editorialists give you facts.”
Noam Chomsky, MIT’s famously anti-American professor of linguistics, used to say to his audiences something like: All my evidence comes from an ultra-Left source—The Wall Street Journal.
Audiences would laugh, but the joke was on them. Students of journalism know well that the Journal’s conservative reputation is based entirely on its editorial page. Its news pages, studies have shown, can tilt further to the Left than even the New York Times or the Washington Post.
Never was that schism more clearly displayed than on December 11, 2020.
A lead news headline screamed that the biggest “Green” companies were becoming larger corporations than the major oil companies. “The New Green Energy Giants Challenging Exxon and BP.”…
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