Articles by
Steve Hanley
Refurbished Three Mile Island Payment Structure Is Not Quite What It Seems
By
Steve Hanley
The plan to restart the shuttered reactor on Three Mile Island has already generated controversy as energy experts debate the merits of providing separate federal subsidies for the project in the form of tax credits. Constellation’s pursuit of the $1.6 billion federal loan guarantee, which has not been previously disclosed, is likely to intensify that debate. The loan guarantee request has cleared an initial review. It has now reached the stage where the specific terms of a deal would ordinarily start to be negotiated, according to the Washington Post. A loan guarantee would allow Constellation to shift much of the risk of reopening Three Mile Island to taxpayers. The federal government, in this case, would pledge to cover up to $1.6 billion if there is a default. The guarantees are typically used by developers to lower the cost of project financing, as lenders are willing to offer more favorable terms when there is federal backing.
UK To Pour $28 Billion Into Carbon Capture & Storage Over 25 Years
By
Steve Hanley
Critics of carbon capture respond that it is a giant boondoggle that has never worked and never will work. Just a few weeks ago, our own Michael Barnard posted an article in which he said carbon capture is “an overly hyped, overly hoped for solution that isn’t and won’t scale remotely economically.” He suggests when you are digging a hole for yourself, at some point it is best to stop digging and start facing reality.
The Hydrogen Economy In America Faces A Number Of Challenges
By
Steve Hanley
The Inflation Reduction Act of 2022 creates the opportunity for up to $100 billion in federal tax and production credits, known collectively as Section 45V credits. Now, $100 billion is a lot of money, which means those who have no right to it will try to game the system in order to line their own pockets with some of that lovely federal money even if they don’t deserve it. Not surprisingly, two of the world’a largest fossil fuel companies — ExxonMobil and Saudi Aramco — want Uncle Sugar to dole our a big chunk of the money to them so they can make dirty hydrogen from methane.
Michael Mann Awarded $1 Million By Jury In Defamation Suit
By
Steve Hanley
After a four week trial, the jury found the authors did in fact make their statements about Mann with actual malice They awarded Mann $1000 in compensation from Simberg and $1 million from Steyn. “I hope this verdict sends a message that falsely attacking climate scientists is not protected speech,” Mann said.
Carbon Dioxide, Radio Isotopes, The Keeling Curve, And The Greatest Cover Up In History
By
Steve Hanley
These new documents provide important evidence that the fossil fuel industry has been intricately connected to climate science from its earliest beginnings — not only as a driver of the greenhouse effect behind climate change, but also as a contributor to the scientific discoveries that would transform our understanding of humanity’s relationship with the Earth and its atmosphere.
Honda Mulls $14 Billion Plan To Build Electric Cars In Canada
By
Steve Hanley
Not much more was heard about Honda and electric cars until this week when Japanese news source Nikkei announced that Honda is contemplating a $14 billion investment to manufacture batteries and electric cars in Canada. Without confirming the report, Canadian industry minister Francois-Philippe Champagne told Canada’s Global News that it reflected the country’s growing reputation as a leader in attracting green investment in the auto industry.
My Chevy Bolt End Of Summer Report
By
Steve Hanley
After three months, the 2017 Chevy Bolt we bought in June has exceeded all our expectations and then some. Our Chevy Bolt has been a revelation. We also own a Tesla Model Y and sort of expected the Bolt to be a pale imitation, lacking in refinement and overall goodness. We were pleasantly surprised. The car rides beautifully. I actually think it handles bumps in the road better than the Tesla. The hatchback means we can fit all our stuff inside easily. It is comfortable and quiet.
A Ship Carrying Electric Cars Is On Fire! We Must Run And Tell The King!!
By
Steve Hanley
As the news media continues to report exaggerated stories about fires in electric cars, we consider it our duty to clap back with the truth. As always, ignorance can be overcome by the application of relevant information. There is no known cure for stupidity.
Giga Ontario May Be Next For Tesla
By
Steve Hanley
During the recent Tesla Cyber Rodeo — aka annual stockholder meeting — Elon Musk suggested that Tesla might build 10 to 12 new factories in the coming years. When a member of the audience shouted out “Canada!” Musk said, “I’m half Canadian. Maybe I should.”
Germany Gets On Board With EU ICE Ban
By
Steve Hanley
The European Union is in favor of banning the sale of cars with infernal combustion engines by 2035, but Germany has been reluctant to join in that commitment. Automobile manufacturing is big business in Germany, what with Volkswagen, Audi, Porsche, BMW, and Mercedes Benz, plus Tier One suppliers like Bosch, Siemens, and Continental accounting for hundreds of thousands of jobs directly related to automobile production.
Responding To The Washington Post Hatchet Job On Electric Cars & Winter Driving
By
Steve Hanley
An editorial writer and columnist for the Washington Post wrote a screed attacking electric cars this week. His heavily slanted piece was filled with misinformation. Here’s the truth about driving an electric car in winter.
Lying Liars & The Lies They Tell About Electric Cars
By
Steve Hanley
The more electric cars come to market, the more the people who stand to be the biggest losers from the EV revolution (that would be the oil companies) are ramping up their attacks on them. The latest tactic is to claim the emissions associated with mining the materials needed to make EV batteries are so huge that any claim about them being environmentally friendly is false.
