Bankrupt Utility Shedding More Than $40 Billion Worth Of Green Energy Contracts
PG&E wants the U.S. Bankruptcy Court in San Francisco to rule whether the company must honor $42 billion worth of contracts with about 350 different energy suppliers, mostly solar and wind plants.
The court’s decision could have a major impact on California’s renewable energy industry and power makeup. Many green energy suppliers only do business with PG&E, California’s largest utility. Shedding those contracts would likely drive those companies under and cripple California’s ability to meet energy goals set by the state government.
“A lot of companies are in that position, where PG&E is responsible for 100% of their revenues,” Credit Benchmark lead researcher David Carruthers told WSJ.
Read the full story at the following weblink:
https://dailycaller.com/2019/01/30/bankrupt-california-pge-green-en...
Record Cold Forces Rethink on Global Warming
Headlines around the world are reporting exceptionally frigid conditions and unusually high levels of snowfall in recent weeks. They tout these events as records, but few people understand how short the record actually is -- usually less than 50 years, a mere instant in Earth’s 4.6-billion year history. The reality is that, when viewed in a wider context, there is nothing unusual about current weather patterns.
Despite this fact, the media -- directly, indirectly, or by inference -- often attribute the current weather to global warming. Yes, they now call it climate change. But that is because activists realized, around 2004, that the warming predicted by the computer models on which the scare is based was not actually happening. Carbon dioxide (CO2) levels continued to increase, but the temperature stopped increasing. So, the evidence no longer fit the theory. English biologist Thomas Huxley commented on this dilemma over a century ago:
"The great tragedy of science -- the slaying of a beautiful hypothesis by an ugly fact."
Yet, the recent weather is a stark reminder that a colder world is a much greater threat than a warmer one. While governments plan for warming, all the indications are that the world is cooling. And, contrary to the proclamations of climate activists, every single year more people die from the cold than from the heat.
Read the full story at the following weblink:
https://pjmedia.com/trending/record-cold-forces-rethink-on-global-w...
A Good Marxist: Ocasio-Cartez’s Green New Deal Will Kill Off Millions of Americans
https://www.thegatewaypundit.com/2019/01/a-good-marxist-ocasio-cart...
Extreme Cold Straining Xcel Energy’s Natural Gas System, Residents Urged To Turn Down Thermostat
https://minnesota.cbslocal.com/2019/01/30/extreme-cold-straining-xc...
Bill Nye’s Latest Climate Warning: The US Will Have To Grow Its Food In Canada
https://dailycaller.com/2019/01/30/bill-nye-us-climate-food-canada/
Experts Claim Every Kind of Weather Proves Global Warming Is Fer’ Real
https://www.breitbart.com/the-media/2019/01/30/nolte-experts-claim-...
Frigid in Chicago Must Mean Global Warming
https://www.americanthinker.com/articles/2019/01/frigid_in_chicago_...
Views: 227
Comment
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Comment by arthur qwenk on January 30, 2019 at 12:37pm
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Why is Mills and the Maine Legislature still pushing Wind in Maine, with so many examples of this technologies failures?
Has Maine learned anything from First Wind and Sun Edison Bankruptcies?
"Stupid is as Stupid Does" indeed.
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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