Category: Energy News Beat

US Lawmaker Expects Donald Trump to Become ‘a Lot More’ Crypto Friendly in Second Term as President

Energy News Beat U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving office. Meanwhile, some analysts predict that bitcoin’s price could reach record highs if Trump wins the presidential […]

Texas set three records for power demand and supply during winter storm

Energy News Beat The Texas grid and energy companies set three all-time records for demand and supply to meet energy needs during subfreezing temperatures that began early Monday, expecting to last through Wednesday, Gov. Greg Abbott said. “Texas set 3 all-time records for power demand & supply this winter storm,” Abbott said in a post […]

Norway awards 62 offshore exploration licenses to maintain European natural gas production

Energy News Beat (Bloomberg) – Norway awarded 62 licenses for exploration acreage in the seas off its coast as Europe’s biggest supplier of natural gas strives to maintain production. Licenses were offered to 24 different companies, with 16 firms presented with operatorships for the permits, the Energy Ministry said in a statement on Tuesday. 29 […]

Biden Weighs Banning Natural Gas Exports to Save the Climate

Energy News Beat Climate Test for Natural Gas Exports Politco notes Biden’s Aides Weigh Climate Test for Natural Gas Exports. The Biden administration is launching a review that could tap the brakes on the booming U.S. natural gas export industry — a move that threatens to pit the president’s climate ambitions against his foreign policy agenda. […]

BP Confirms New CEO after Looney Scandal

Energy News Beat BP Plc appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor. The decision ends a period of uncertainty for the London-based oil major, though Auchincloss — who has been serving as interim CEO — is likely to face continued scrutiny as he seeks to move the company […]

Indonesia to abandon 23% renewable energy target by 2025

Energy News Beat JAKARTA – Indonesia is planning to slash the targeted share of renewables in the national energy mix, a move seen by experts as a step back in the country’s ambition toward clean energy, while signaling its light-hearted attempt to part ways with fossil fuels. The new target will hover at between 17 and 19 […]

Former Greens candidate now warns wind turbines are lunacy and a scam

Energy News Beat After all these years, finally, signs that more Greens are waking up to the awful truth Steve Nowakowski was a Greens candidate in Cairns in 2006. He was a co-founder of Rainforest Reserves Australia, and was hired as a photographer, but he didn’t like what he saw. Two years ago he was concerned […]

Drax gets go-ahead for carbon capture project at estimated £40bn cost to bill-payers

Energy News Beat Drax has received permission from the government to fit carbon capture technology to its wood-burning power plant, in a project that could cost bill-payers more than £40bn. The energy secretary, Claire Coutinho, on Tuesday approved the project to convert two of its biomass units to use the technology Analysts have predicted that […]

2024 Promises the Expansion of the Green Energy Scam

Energy News Beat Years ago, I wrote a post about how cheap air travel to Europe was ruining America. My point was that the Americans visiting Europe were confusing what they experienced as a tourist with the reality of life in Europe. These progressive American fans of two-hour lunches and 6 months of maternal and paternal […]

Energy Information Has Never Mattered More—So It’s Time to Reform the IEA and the EIA

Energy News Beat The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it’s past time for the United States, the biggest source of that agency’s funding, to rethink the IEA’s role. To be blunt: the U.S. should suspend […]