There is a growing push in the U.S. and throughout much of the developed world to convert transportation from a primary reliance on fossil fuels to an almost-exclusive use of renewable energy (wind and solar). With this goal come promises of unlimited clean and free energy, the creation of millions of green jobs, and the benefit of helping save the planet from an imminent climate catastrophe.Read More
Electric-powered cars are now the rage. Tesla’s market capitalization is seven times larger than that of General Motors and fourteen times larger than Ford’s, though it builds a fraction of the vehicles that those companies do. Many politicians are even considering banning gasoline-powered cars within a few years in favor of electric vehicles (EVs), all in the name of saving the planet.Read More
Joe Biden needs to put the pedal to the metal as he races toward his goal of ridding America’s energy sources of carbon emissions by 2035. But the president-elect’s headlong rush toward a green future may be slowed by a snarl of political speed limits in the states.
One of Biden’s most ambitious aims is to completely clean up the electrical grid, today powered mostly by fossil fuels, in only 15 years. Many energy executives consider that goal quixotic because it would require a breathtakingly fast transformation of the massive power industry — from replacing hundreds of dirty power plants to upgrading thousands of miles transmission lines.Read More
A major “green” firm called Cenergistic says it’s saved more than 1,000 schools and local governments $5.5 billion in energy costs, taking portions of those savings as fees.Read More