Category “Clean Power Plan 2.0”

Sep 17 2024

Geologic Hydrogen – the Next Gold Rush?


Posted originally on Sep 16, 2024 by Martin Armstrong

Hydrogen

Around 96% of hydrogen is produced from fossil fuels, with around 1% derived from renewable sources. Global demand for hydrogen is on the rise and will increase to 95 million tonnes by 2022. As over 150+ nations have committed to reducing green policies, hydrogen production has been met with challenges and uncertainty, which is why left-wing billionaires are betting big on searching for buried hydrogen.

Bill Gates and Jeff Bezos are among the founders behind a new startup called Koloma, a geologic hydrogen company that “leverages its technology, proprietary data, and human capital advantages to identify and commercialize these resources on a global scale.” The Denver-based company has already raised over $305 million and believes that it can alter the way the world uses hydrogen.

“Geologic hydrogen should have a very low carbon impact, but also a tiny land footprint and very low water impact,” Koloma CEO Pete Johnson said. Johnson mentioned how Russia and Ukraine were large exporters of hydrogen-derived ammonia, which is needed for most fertilizer products. “Geologic hydrogen resources in the U.S. will allow us to scale up our domestic ammonia production and become a net exporter, even as we dramatically drop the carbon footprint of the products,” he added.

geologichydrogen

As noted on the company’s website:

“Our production methods source hydrogen in a clean, continuous, and cost-effective manner, eliminating the barriers that have historically hindered widespread adoption. We are actively engaged in exploration and are appraising assets that will play a significant role in US decarbonization efforts. As the rapidly emerging geologic hydrogen industry takes shape, Koloma’s data-driven approach will power the discovery of geologic hydrogen resources around the world.”

Geologic hydrogen is being touted as “gold hydrogen” or “white hydrogen” as its natural origins make it acceptable to green policies. Other startups are popping up such as Breakthrough Energy that is backed by Alibaba’s Jack Ma and Virgin’s Richard Branson. Various companies are now digging for hydrogen in U.S., Canada, Australia, France, Spain, Colombia, and South Korea.

Experts cannot agree on whether there will be enough geologic hydrogen to make a notable difference in the world’s energy use. The Hydrogen Science Coalition, for one, believes that discoveries will produce less energy than a single wind turbine. That’s not stopping big money from backing projects to seek out buried hydrogen in what may become the next gold rush.

There is no plan in place to meet Agenda 2030 or the goal to move toward climate neutrality by 2050. Will this be the next gold rush? It depends on the results of the discoveries and how difficult it becomes for companies to access hydrogen, but this will be nowhere near reminiscent of the actual gold rush, where the average man could make a fortune. We will not see mass migration to areas filled with potential geological hydrogen, unlike the gold rush, where people from throughout the world relocated to the western United States. This will be an industry for the billionaire elite, as will all climate change measures that have no benefits for the average man.

Jun 11 2024

Energy Bills to Rise Across US


Posted originally on Jun 11, 2024 By Martin Armstrong 

ACairconditioning

The EPA is demanding that we abandon coal and fossil fuels without an alternative. The agency is seeking to shut down American power plants in favor of renewables. Energy prices are already reaching new highs. The National Energy Assistance Directors Association (NEADA) and the Center for Energy Poverty and Climate (CEPC) issued a warning that Americans should expect at least an 8% increase in energy bills this summer.

No, global warming is not the culprit. The hot summer is in line with cyclical weather patterns. America lost its ability to remain energy independent the very day Joe Biden entered the White House and signed away countless laws prohibiting production. The average AC bill was $661 over the summer months, according to CEPC and NEADA. These agencies believe those in the Mid-Atlantic and Pacific regions of the US will see a rise in energy prices by 12.2%, raising costs from June to September to $691 and $693. Those in the East South Central are expected to see a 10.1% hike over the same period and will pay around $774. East Noth Central is expected to see a 9.8% energy bill uptick ($581), while New England and West South Central will see rises of 5.3% ($760) and 1.8% ($581).

Naturally, these costs are on the low spectrum of estimates. Most of us pay far more to cool our homes over the summer. One must wonder why the EPA and Biden Administration believe it is appropriate to adhere to these climate change goals for Agenda 2030 when the average American is already struggling to afford cooling.

We are already paying for the slow switch from natural gas and coal to renewables. Energy companies have been forced to gradually make the switch, and soon, there will be no alternative. Once they completely banish fossil fuels, cooling one’s home will become a luxury. Anyone can look at their monthly billing to see how much their heating and cooling expenses have risen on a monthly and annual basis and it is far beyond 8%. Personally, I am seeing a rise of around 30%.

This is one of an array of basic living essentials that have multiplied in price in recent years under the Biden Administration. We allowed our leader to cripple our infrastructure and ability to remain energy independent. We are currently allowing him to sign even more restrictive pieces of legislation that will only force us to stretch our dollars thin to maintain our current lifestyles. Is anything Build Back Better yet?

Jun 10 2024

Save American Power Plants


Posted originally on Jun 10, 2024 By Martin Armstrong 

Climate zero co2

The Environmental Protection Agency’s (EPA) has introduced “Clean Power Plan 2.0” to eliminate new construction on natural gas-fired power plants and force coal-powered plants to close. This is part of the Biden-Harris plan to adhere to future net zero target emissions to combat the fabricated lie of climate change at the expense of the American people. This measure could completely decimate America’s coal industry and spike energy costs at a time when the average person has nothing left to spend.

These agencies have usurped all power away from Congress and have abandoned democracy. No one specifically voted for these measures. But we have an agency, under Biden, who can change the way the nation’s entire infrastructure is powered with the passing of a pen.

Senator Joe Manchin (I-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, has been fighting with a group of 44 senators to overturn this measure. “This new power plant rule isn’t just another bureaucratic maneuver in this administration’s strategy to end the fossil fuel industry by a thousand cuts, it’s a calculated knockout punch to the coal and natural gas industry. Make no mistake, other sources of energy are not yet ready to pick up the slack in our power system that will be created by this regulation,” Manchin explained, calling this maneuver an attempt to garner votes before the election. Simply put – the technology to power the nation on clean energy is not yet available. We cannot abandon fossil fuels without facing extreme repercussions.

Those who support the measure claim Manchin is simply from coal country West Virginia and has investments in the coal industry. They do not realize that the infrastructure to power the US on clean energy is absent and these measures will NOT help the people. It will only lead to increased costs on the basic essentials and cause the cost of living to spike.

There are over 200 coal power plants across the US that power around 20% of the nation. Coal accounted for over half of electricity in the US in the 2000s and, while more financially friendly, has been gradually phasing out. However, most of these plants were replaced by natural gas plants but that is still not enough for the climate change zealots at the EPA. Around 40% of the nation is powered by natural gas and plays a crucial role in America’s electricity generation. The EPA is now attempting to curtail 60% of America’s current power in the name of the globalist climate change agenda.

As of 2022, wind-powered electricity accounted for 10% of America’s electricity and 48% of all renewables. Hydropower comes in second, accounting for 6.2% of the nation’s energy as of 2022, while solar provides about 3.4% of America’s energy. There have been numerous issues connecting wind power to the overall grid, not to mention the environmental issues it causes to wildlife. Weather has a major impact on these structures as well as they are prone to freeze during extreme weather events. Even the experts have admitted that they could not use wind to power even half of America at this point in time without new technology.