Underwater kite can harness the ocean’s power for sustainable energy
Swedish company Minesto is making waves in the renewable energy sector with its Dragon 12, an innovative underwater kite that promises to generate clean electricity. dragon 12 (Minesto) A kite in the water? Imagine a kite flying in a figure eight pattern. Now, imagine the same movement in the deep ocean.that’s the essence dragon 12Minesto’s […]
DAVID BLACKMON: Market Realities Are Throwing Wrench In Biden’s Green Energy Dreams
Over the past two years, I and others have been pointing out the reality that there is no real “energy transition” happening around the world. This week, two new pieces of information came to light that conclusively prove that point. Just as governments across the Western world are bankrupting their countries by funneling trillions of […]
‘Gutless’ vote on bill to undo Biden’s Alaska energy ‘sanctions’ could doom Dem in tough race
Rep. Mary Peltola (D-Alaska) is facing Republican challenges for not taking a stand against Biden administration policies that she says will undermine Alaska’s “resource development” and “economic prosperity” in the United States. It is facing new criticism from the public. The current grievances against Mr. Peltola come after he voted “yes” this week to approve […]
Russia Renews Missile Strikes on the Ukrainian Energy Sector
KYIV, Ukraine (AP) – Russia fired a barrage of missiles into Ukraine overnight, in an attack that appears to have targeted the country’s energy infrastructure. Meanwhile, Russia announced that its air defense systems intercepted more than 60 Ukrainian drones over southern Krasnodar. Ukraine’s air force said Saturday that Russia fired 34 missiles toward Ukraine overnight, […]
US energy giant sounds alarm on Biden’s climate rules targeting power plants
Duke Energy, one of the nation’s largest energy providers, warns that the Biden administration’s new power plant regulations threaten the reliability and affordability of electricity. The North Carolina-based company, which serves more than 8 million residential and commercial customers in multiple states, primarily in the Southeast, said the regulation poses additional challenges given the growing […]
California May Hit Residents with Fixed Utility Rates in Push for ‘Clean Energy’
California residents, led by Democratic Gov. Gavin Newsom, could soon be hit with a fixed electricity rate as part of the state’s green energy push. The California Public Utilities Commission is scheduled to vote on May 9, 2024, on whether the state’s largest electric utility can issue fixed rates, CalMatters reported. report Monday. The article […]
Blue-state lobstermen say Biden’s ‘destructive’ green energy plans could cost their livelihood
New England lobstermen and fisheries experts are taking aim at the Biden administration’s recent moves to expand offshore wind energy projects, with green energy plans set aside from a possible change of administration in November. He claims to be in a “hurry” for “political proof”. The New England Fisheries Management Association (NEFSA), a fisheries advocacy […]
‘What Were You Hiding?’: Josh Hawley Confronts Biden Energy Sec Over ‘False Testimony’ On Stock Trades
Republican Missouri Sen. Josh Hawley on Tuesday confronted Department of Energy Secretary Jennifer Granholm over previous testimony about her stock trades that was allegedly misleading. Granholm told Hawley in April 2023 that she did not own any individual stocks, but she corrected herself in June 2023, Fox News reported. Hawley asked her during a Senate […]
Surging US energy shares reflect robust growth, inflation worries – Investing.com
Louis Krauskopf NEW YORK (Reuters) – U.S. energy stocks are soaring as investors look to protect their portfolios from a worrying resurgence in inflation while benefiting from higher oil prices and a better-than-expected economy. The energy sector is up about 17% in 2024, roughly doubling the year-to-date return of the broader index. Its rally has […]
As energy prices soar, Biden administration jacks up costs to drill on public lands
Pipeline welder Lynn Bugsy Allen claims she’s barely surviving after Biden canceled the Keystone XL pipeline. The Biden administration on Friday finalized rules that would make it more expensive for oil and gas companies to drill on public lands, even as energy prices and inflation remain on the rise. The Department of the Interior announced […]