A new report from the electricity and gas utility National Grid (which serves parts of New York and Massachusetts) found a rapid increase in electric vehicles on the city streets and highways will require upgraded power grids to handle all the new demand. By 2035, a charging station could demand as much power as a sports arena or small town.
While the rest of the world is cutting back on coal production and shutting down coal-fired power plants, China is going full-steam ahead, doing quite the opposite. The increase in China’s coal production in 2022 will be nearly three times more than the largest European producers in a year.
If the world thought China peaked in coal production a decade ago, think again. China’s coal production reached a high of almost 4 billion tons in 2013, declined to a low in 2016, then rebounded, and is estimated to reach a new all-time high in 2022.
On Tuesday, the Department of Labor finalized a rule that provides regulatory cover for retirement plan sponsors who want to emphasize environmental, social and governance (ESG) factors in plan management.
Last week we said that the latest greenwashing virtue-signaling eco-boondoggle, the COP 27 UN climate summit Egypt's Sharm el-Sheikh ended in failure as participants couldn't even agree on a fossil fuel pledge. The only reason it wasn't a total disaster is because it introduced Greta Thunberg's far more effective replacement - Iranian Sophia Kianni - to the world.
President Joseph Biden on Sunday night declared that an emergency exists in the state of New York and ordered federal assistance to supplement state and local response efforts following the severe snowstorm that began late last week and continued over the weekend.
The approval was in response to New York Gov. Kathy Hochul’s request for a federal emergency declaration for the 11 counties of Cattaraugus, Chautauqua, Erie, Genesee, Jefferson, Lewis, Niagara, Oneida, Oswego, St. Lawrence, and Wyoming.