News from 2022
Experts criticize energy polices in new federal infrastructure bill: 'It's not a climate bill'
Critics are questioning the Biden administration's federal infrastructure bill that passed in early November.
'Solar power, clean energy is something that we should be incentivizing': PEC establishes new solar buyback rates
Members of the Pedernales Electric Co-Op, who voluntarily switched to solar power for their homes, will soon be getting less money back for the power they don’t use.
Isaac: Global Carbon Project CO2 study 'offers even more evidence against the climate doomsday narrative'
An article previously published by Globe Banner brings to light information from Carbon Brief regarding CO2 emissions levels for the world coming out of the pandemic and for the last decade. According to the article, the Global Carbon Project (GCP) has found that emissions from fossil fuels and cement have rebounded by 4.9% after falling 5.4% in 2020 due to the restrictions of COVID-19.
U.S. becomes top exporter of LNG: 'seven-fold increase'
Thanks to strong European demand, the United States has emerged as the world’s leading exporter of liquefied natural gas, worldoil.com recently said.
Nuclear is the future, petroleum still the present
If you want reliable carbon free energy, then nuclear is your answer.
ERCOT: Texas power grid is ready for harsh winter weather
As we enter the heart of the winter season, Texans might be wary due to last year’s catastrophic ice storm that put millions without power and heat. But residents can have a bit of peace of mind as, after more than 300 tests, the Electric Reliability Council of Texas (ERCOT) has announced that the power grid is in good shape and ready for extreme winter weather events.
EU faces backlash for plan to give 'green' label to gas, nuclear energy projects
The European Union (EU) has proposed a plan to give some energy projects focusing on low carbon gas sources and nuclear energy a "green" label, which has sparked backlash from some member states, including Germany and Austria.
Peacock: 'Weather dependent energy makes the grid less reliable'
Energy Alliance's Director Bill Peacock states that the doubt regarding whether the Texas energy grid is really prepared to handle colder temperatures is not unjustified since weather-dependent energy production isn't really reliable.
Patrick wants BlackRock added to list of companies on Oil & Gas Investment Protection Act
The Texas Legislature has taken steps to protect the state’s leading industry after it passed the Oil & Gas Investment Protection Act last year, and Lt. Gov. Dan Patrick is poised to use the tool against a company he says is violating the law.
'I ask that you include BlackRock': BlackRock added to list of Texas companies boycotting energy companies
During last year's Texas Legislative Session, the Texas Legislature passed the Oil & Gas Investment Protection Act (SB13) which bans state entities such as pensions from investing in financial companies that boycott energy companies. The company BlackRock was added to a list of those companies.
Proposal for state-run New Mexico utilities met with skepticism, pushback against 'further jurisdiction over us'
In New Mexico, pressure is building from some for the state to provide state-run utilities in an effort to make them more affordable and accessible.
Fate of Chapter 313 Texas tax breaks remains in limbo
A piece of legislation that would have extended Texas' Chapter 313 tax abatement program has stalled, raising questions about the plan's future.
Energy Alliance director: Power plant dispute 'created by Texas government'
A Texas energy company will keep supplying fuel to power plants after initially threatening to turn them off due a price dispute.
Abbott joins officials in saying ERCOT is 'well prepared' for expected cold front
With a forecasted cold weather front on the rise this week, Gov. Greg Abbott joined multiple government officials today (Feb. 1) to issue a statement of confidence in Texas' grid strength.
Consumer group warns that Nevada should be wary of $9.7 billion state-pension fund investment
Concerns are growing about money management firm BlackRock because of its business involvement in China.
U.S. adds more grid capacity in 2021
The U.S. added 27,959 MW of new generating capacity to the grid in 2021, 12% more than the previous year, according to an S&P Global Market Intelligence analysis.
Washington among states warned against BlackRock
Washington is among 10 states being warned by a consumer group against investing the state pension funds with BlackRock, a money management corporation with close links to China.
Letter outlines firm's Chinese investments, energy divestment
Consumers' Research issued a warning about BlackRock to 10 states that have the most money invested, saying that the firm has concerning investment ties to Chinese companies.
West Virginia treasurer says doing business with BlackRock is 'bad strategy'
West Virginia State Treasurer Riley Moore announced that the Board of Treasury Investments, which manages the state's $8 billion in operating funds, will no longer use BlackRock Inc. as part of its banking transactions.
Pennsylvania is heavily invested in BlackRock, which 'has invested billions in Chinese firms'
Pennsylvania's $3.5 billion state pension fund investment with BlackRock is under scrutiny for its push toward clean energy investments and its ties to China, according to Consumers' Research.