Guess what’s really inevitable, pipeline companies?
Solar and wind power.
Utility scare tactics that no coal means pipelines are so much hot air.
Scare tactics that no pipelines would mean LNG trains are burnt up by solar power.
Stop pipelnes or fracking and stop the other and LNG export along with it.
And we’re winning!
OPEC just pushed down oil and gas prices,
and the main beneficiary will be Russia.
U.S. and other sanctions to punish Russia for invading Ukraine
already pushed the ruble down, which makes Russian fracking
less exposed to this price drop.
Natural gas prices are falling with oil prices.
So a big winner could be Siberian natural gas fracking for China.
Which could nip U.S. LNG exports at their budding export terminals.
Since LNG export is the most profitable market for fracked methane,
the pipeline craze could go bust.
And that could help the U.S. get on with cheaper, faster, safer, and far
cleaner solar power.
A stock trader looked for causes of solar stock price rises
and considered the effects of solar PV price drops,
and realized solar power is going to
beat every other energy source so fast that it
“will make your jaw drop with astonishment.”
6% year is a fantastic rate of decreases, but 20% is simply
astonishing. 20% is an impressive number, but putting it into
context will make your jaw drop with astonishment.
My calculations show that if solar maintains 5 more years at current
23% rates per year price drops, solar power will be cheaper than
using existing coal plants. That’s right — it will be cheaper
to build new solar plants than to use existing coal plants. It
sounds absolutely crazy.
Pending approval from Judge Stephen Schuster, the first meeting of Cobb
EMC members in nearly three years will convene at 10:15 a.m. Sept. 17.
At that meeting, members will decide two issues: whether to allow voting
by mail-in ballots at future elections, and whether to amend the electric
cooperative’s bylaws to limit director compensation to a daily rate
while also prohibiting future directors from being paid retirement
benefits. Previously vested benefits would not be affected.
LAST week authorities
captured two fugitives who had been on the lam
for three weeks after escaping from an Arizona prison. The convicts and
an accomplice are accused of murdering a holiday-making married couple
and stealing their camping trailer during their run from justice. This
gruesome incident has raised questions about the wisdom and efficacy of
private prisons, such as the one from which the Arizona convicts escaped.
The big winner in the crackdown on the illegal immiggration
has been the private prison industry.
As Bloomberg Business Week reports in its latest issue,
companies such as Corrections Corporation of America
are making millions.
In fact, CCA makes more money from detaining immigrants
than it does from any single U.S. state.
She goes on to mention CCA’s stock price has gone up by
a factor of ten since 9/11.
Bloomberg’s Betty Liu reports, 18 March 2011. (Source: Bloomberg)
The source of the money CCA and its investors and executives are making?
Our tax dollars!