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Electricity

Are the Inflation Reduction Act’s Climate Goals Plausible?

August 4, 2022August 4, 2022 by Ronald Bailey

The Inflation Reduction Act (IRA), hammered out through negotiations between Senate Majority Leader Chuck Schumer (D–N.Y.) and Sen. Joe Manchin (D–W.Va.) and unveiled last week, has been hailed as the …

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Categories Politics & Culture

If Biden Were Serious About Energy Policy, Here’s What He’d Propose

July 11, 2022 by Carrie McKean

When President Joe Biden chastises oil companies for profiteering, he evokes a J.R. Ewing–style caricature of a greasy, greedy executive sneering in a giant Stetson. Satisfying as it may be, …

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Categories Politics & Culture

New York Puts Bitcoin Mining in the Crosshairs

June 14, 2022 by Andrea O'Sullivan

Big governments have many reasons to oppose sovereign monetary technologies like bitcoin. The existence of a permissionless money network provides escape hatches for these states’ many levers of centralized control. …

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Categories Politics & Culture

Germany Shuts Down Three Perfectly Good Nuclear Power Plants

January 4, 2022January 4, 2022 by Ronald Bailey

Electricity prices tripled in many European countries this winter, including in Germany, as renewable power supplies faltered and Russia seized the opportunity to boost the price of its natural gas …

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Categories Politics & Culture

Poland’s Second Largest Electricity Consumer Is Turning To Nuclear Power

September 29, 2021September 29, 2021 by Tyler Durden

Poland’s Second Largest Electricity Consumer Is Turning To Nuclear Power Yesterday we added to our ongoing case for uranium by posting about how crypto miners were starting to forge partnerships …

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Categories Business & Economics

‘You Can’t Print Electricity’ – Zimbabwe Begins Daily 12-Hour Power Cuts Amid Shortage

September 13, 2021 by Tyler Durden

‘You Can’t Print Electricity’ – Zimbabwe Begins Daily 12-Hour Power Cuts Amid Shortage Zimbabwe finds itself in dire economic straits. Again.  The South African nation, which has a knack for …

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Categories Business & Economics

The Road To Decarbonization: Visualizing The United States Electricity Mix

September 11, 2021 by Tyler Durden

The Road To Decarbonization: Visualizing The United States Electricity Mix The U.S. response to climate change and decarbonization is ramping up, and putting a focus on the country’s electricity mix. As pressure …

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Categories Business & Economics

Furious Europeans Protest Electricity Hyperinflation: Christine Lagarde Are You Watching?

September 9, 2021 by Tyler Durden

Furious Europeans Protest Electricity Hyperinflation: Christine Lagarde Are You Watching? While a faint glimpse of reality did sneak through into the ECB’s latest set of economic projections, with the central …

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Categories Business & Economics

Spain Complains To EU Over Soaring Cost Of Electricity; But Guess What…

August 5, 2021 by Tyler Durden

Spain Complains To EU Over Soaring Cost Of Electricity; But Guess What… Authored by Mike Shedlock via MishTalk.com, Spanish consumers are fretting over record-high power prices just as high summer …

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Categories Business & Economics

New York Hydro Power Plant Mines Bitcoin Because More Profitable Than Selling Electricity To Grid

July 11, 2021 by Tyler Durden

New York Hydro Power Plant Mines Bitcoin Because More Profitable Than Selling Electricity To Grid This year, some of the hottest trends in the crypto industry have been bitcoin adoption and …

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Categories Business & Economics
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