Connect with us

Energy

Flat copper, EV glut, imploding wind power equal green crash

Published

4 minute read

From the Frontier Centre for Public Policy

By Ian Madsen

Large fissures are appearing in the ‘Green Transition’ story climate crusaders tell themselves.  They are trying to foist it on a reluctant public and skeptical business world. One recent such crack is the carve-out on carbon taxes for heating oil in the politically-fickle Atlantic provinces.  Provincial premiers are trying to get the same treatment for other fossil fuel heating fuels.

Yet, politicians who still hew to the Climate Crisis orthodoxy remain unrepentant.  Montreal’s city council has announced that all new buildings of three stories or less will not be permitted to use natural gas heating. Taller buildings would face the ban later.  Several cities and states in the United States are also trying to restrict natural gas use.  Their efforts seem desperate.

A recent U.K. study concluded that heat pumps are much more expensive than employing natural gas (also true in Canada), and resistance heating is even worse.  Due to the study and public pushback, the planned U.K. heat pump mandate was cancelled – and ‘Net Zero’ postponed beyond 2035.

Extreme policy adopted by voting-block-pandering politicos notwithstanding, other constituents of the artificially-sustained Green Transition show signs of weakness.  For some, notably wind power, outright impending collapse looms.

Wind turbine companies’ share prices have slumped.  The main reason is that wind power contracts are being cancelled in many places.  A large project off the New Jersey coast is the latest example.  Component and material costs are the main culprits. They caused wind developers to raise requested electricity prices to unaffordable levels, and higher interest rates made capital costs rocket skyward. Recent revelations about the high costs of recycling wind turbine blades have soured governments and the public on this dubious ‘alternative energy’.

Electric vehicles, ‘EV’s’, are another darling of the climate lobby.  There is now a large accumulation of unsold EV’s on dealer lots, not just in North America but in China.  It takes a very large ‘rebate’ to get anyone to consider buying one – an indication of fundamental unpopularity.

It takes many minutes to recharge the battery pack at a ‘supercharge’ station; or, sometimes, hours at a regular charging station.  The former is expensive, the latter is an unacceptable time and opportunity cost for owners.  The bigger issue is a woeful lack of chargers for highway driving yet over reaching politicians are pushing a fantasy ban on gasoline  vehicles by 2035.  Forget that, it won’t be happening.

However, the best indication that the Green fever dreams of excitable politicians and disingenuous so-called Climate activists are becoming a nightmare is the price of copper.  Slow expansion of copper production and the increasing demand for it in Green Transition technologies such as EV’s, wind turbines, and solar panels and for all the grid connections and upgrades that they entail should force the copper price to soar.  Yet, it is just about where it was three years ago.

Mining companies are reluctant to buy or develop new copper deposits, or expand existing operations, with no visibility for a substantially higher copper price.  Costs have risen, too, and particularly for fuel and financing, making future positive returns look implausible.

Energy consumers, households and businesses, are rejecting the hysterical climate extremism that attempts to compel the use of uneconomic and unreliable energy forms and technologies, and the rejection of proven, affordable ones. Politicians should listen, and change.

Ian Madsen is the Senior Policy Analyst at the Frontier Centre for Public Policy

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

Energy

Activists using the courts in attempt to hijack energy policy

Published on

2016 image provided by Misti Leon, left, sits with her mom, Juliana Leon. Misti Leon is suing several oil and gas companies in one of the first wrongful-death claims in the U.S. seeking to hold the fossil fuel industry accountable for its role in the changing climate.

 

From the Daily Caller News Foundation

By Jason Isaac

They twist yesterday’s weather into tomorrow’s crisis, peddle apocalyptic forecasts that fizzle, and swap “global warming” for “climate change” whenever the narrative demands. They sound the alarm on a so-called climate emergency — again and again.

Now, the Left has plunged to a new low: weaponizing the courts with a lawsuit in Washington State that marks a brazen, desperate escalation. This isn’t just legal maneuvering—it’s the exploitation of personal tragedy in service of an unpopular anti-energy climate crusade.

Consider the case at the center of a new legal circus: Juliana Leon, 65, tragically died of hyperthermia during a 100-mile drive in a car with broken air conditioning, as a brutal heat wave pushed temperatures to 108 degrees Fahrenheit.

Dear Readers:

As a nonprofit, we are dependent on the generosity of our readers.

Please consider making a small donation of any amount here.

Thank you!

The lawsuit leaps from this heartbreaking event to a sweeping claim: that a single hot day is the direct result of global warming.

The lawsuit preposterously links a very specific hot weather event to theorized global warming. Buckle up—their logic is about to take a wild ride.

Some activist scientists have further speculated that what may be a gradual long-term trend of slight warming thought to be both cyclical and natural, might be possibly exacerbated by the release of greenhouse gases. Some of these releases are the result of volcanic activity while some comes from human activities, including the burning of oil, natural gas and coal.

Grabbing onto that last, unproven thread, the plaintiffs have zeroed in on a handful of energy giants—BP, Chevron, Conoco, Exxon, Phillips 66, Shell, and the Olympic Pipe Company—accusing them of causing Leon’s death. Apparently, these few companies are to blame for the entire planet’s climate, while other oil giants, coal companies, and the billions of consumers who actually use these fuels get a free pass.

Meanwhile, “climate journalists” in the legacy media have ignored key details that will surely surface in court. Leon made her journey in a car with no air conditioning, despite forecasts warning of dangerous heat. She was returning from a doctor’s visit, having just been cleared to eat solid food after recent bariatric surgery.

But let’s be clear: this lawsuit isn’t about truth, justice, or even common sense. It’s lawfare, plain and simple.

Environmental extremists are using the courts to hijack national energy policy, aiming to force through a radical agenda they could never pass in Congress. A courtroom win would mean higher energy prices for everyone, the potential bankruptcy of energy companies, or their takeover by the so-called green industrial complex. For the trial lawyers, these cases are gold mines, with contingency fees that could reach hundreds of millions.

This particular lawsuit was reportedly pitched to Leon’s daughter by the left-leaning Center for Climate Integrity, a group bankrolled by billionaire British national Christopher Hohn through his Children’s Investment Fund Foundation and by the Rockefeller Foundation. It’s yet another meritless claim in the endless list of climate lawsuits that are increasingly being tossed out of courts across the country.

Earlier this year, a Pennsylvania judge threw out a climate nuisance suit against oil producers brought by Bucks County, citing lack of jurisdiction. In New York, Supreme Court Justice Anar Patel dismissed a massive climate lawsuit by New York City, pointing out the city couldn’t claim both public awareness and deception by oil companies in the same breath.

But the Washington State case goes even further, threatening to set a dangerous precedent: if it moves forward, energy companies could face limitless liability for any weather-related injury. Worse, it would give unwarranted credibility to the idea — floated by a leftwing activist before the U.S. Senate — that energy executives could be prosecuted for homicide, a notion that Republican Texas Sen. Ted Cruz rightly called “moonbeam, wacky theory.”

The courts must keep rejecting these absurd lawfare stunts. More importantly, America’s energy policy should be set by Congress—elected and accountable—not by a single judge in a municipal courtroom.

Jason Isaac is the founder and CEO of the American Energy Institute. He previously served four terms in the Texas House of Representatives.

 

Continue Reading

Alberta

Temporary Alberta grid limit unlikely to dampen data centre investment, analyst says

Published on

From the Canadian Energy Centre

By Cody Ciona

‘Alberta has never seen this level and volume of load connection requests’

Billions of investment in new data centres is still expected in Alberta despite the province’s electric system operator placing a temporary limit on new large-load grid connections, said Carson Kearl, lead data centre analyst for Enverus Intelligence Research.

Kearl cited NVIDIA CEO Jensen Huang’s estimate from earlier this year that building a one-gigawatt data centre costs between US$60 billion and US$80 billion.

That implies the Alberta Electric System Operator (AESO)’s 1.2 gigawatt temporary limit would still allow for up to C$130 billion of investment.

“It’s got the potential to be extremely impactful to the Alberta power sector and economy,” Kearl said.

Importantly, data centre operators can potentially get around the temporary limit by ‘bringing their own power’ rather than drawing electricity from the existing grid.

In Alberta’s deregulated electricity market – the only one in Canada – large energy consumers like data centres can build the power supply they need by entering project agreements directly with electricity producers.

According to the AESO, there are 30 proposed data centre projects across the province.

The total requested power load for these projects is more than 16 gigawatts, roughly four gigawatts more than Alberta’s demand record in January 2024 during a severe cold snap.

For comparison, Edmonton’s load is around 1.4 gigawatts, the AESO said.

“Alberta has never seen this level and volume of load connection requests,” CEO Aaron Engen said in a statement.

“Because connecting all large loads seeking access would impair grid reliability, we established a limit that preserves system integrity while enabling timely data centre development in Alberta.”

As data centre projects come to the province, so do jobs and other economic benefits.

“You have all of the construction staff associated; electricians, engineers, plumbers, and HVAC people for all the cooling tech that are continuously working on a multi-year time horizon. In the construction phase there’s a lot of spend, and that is just generally good for the ecosystem,” said Kearl.

Investment in local power infrastructure also has long-term job implications for maintenance and upgrades, he said.

“Alberta is a really exciting place when it comes to building data centers,” said Beacon AI CEO Josh Schertzer on a recent ARC Energy Ideas podcast.

“It has really great access to natural gas, it does have some excess grid capacity that can be used in the short term, it’s got a great workforce, and it’s very business-friendly.”

The unaltered reproduction of this content is free of charge with attribution to the Canadian Energy Centre.

Continue Reading

Trending

X