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Tag: fracking

World Bank: ‘One in seven people still live without electricity’ – 1.1 billion people

https://ca.news.yahoo.com/one-seven-people-still-live-without-electricity-world-073404900.html

India made significant advances, but progress in sub-Saharan Africa was far too slow, said a report tracking the Sustainable Energy for All (SE4ALL) initiative, launched by the U.N. Secretary-General in 2011.
Almost no headway was made in switching people from biomass cooking fuels such as kerosene, wood and dung, the report added.
“We are heading in the right direction to end energy poverty, but we are still far from the finish line,” said Anita Marangoly George, a senior director for energy with the World Bank.
The report warned that traditional indicators can overestimate energy access because power supplies are limited or unreliable for many communities.
For example, new evidence showed that in the Democratic Republic of Congo’s capital Kinshasa, 90 percent of people are judged to have access to electricity because of widespread grid connections, but the streets are dark most nights and few households can use their electrical appliances.
Ben Garside, a senior researcher with the London-based International Institute for Environment and Development (IIED), said too much emphasis was placed on investing in large-scale energy projects that feed into national grids.
“The aim is to generate the maximum amount of megawatts, but that won’t address the access issue, which is in rural areas,” he said.
INVESTMENT TO MEET GOALS
The SE4ALL initiative has three goals, to be met by 2030: providing universal access to modern energy services, doubling the rate of improvement in energy efficiency and doubling the share of renewables in the global energy mix.
The report said the share of renewable energy – including hydro, solar and wind – grew fast at 4 percent per year from 2010 to 2012. But the annual growth rate should speed up to around 7.5 percent to achieve the 2030 goal, it added.
Energy efficiency also improved, with energy intensity – global economic output divided by total energy consumption – dropping more than 1.7 percent a year, but that rate must also accelerate, the report said.
“We will need to work a lot harder especially to mobilise much larger investments in renewable energy and energy efficiency,” the World Bank’s Marangoly George said.
According to the World Bank and the International Energy Agency, which co-produced the report, annual global investments in energy would have to triple from around $400 billion now to as much as $1.2 trillion to meet the SE4ALL targets.
Of this, between $40 billion and $100 billion is …

Flashback 2011: ‘Era of Constant Electricity at Home is Ending, says UK power chief’ — ‘Families would have to get used to only using power when it was available’

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The Daily Telegraph – March 2, 2011: ‘Era of Constant Electricity at Home is Ending, says UK power chief’

Excerpt: ‘The days of permanently available electricity may be coming to an end, the head of the power network said yesterday. Families would have to get used to only using power when it was available, rather than constantly, said Steve Holliday, chief executive of National Grid. Mr Holliday was challenged over how the country would “keep the lights on” when it relied more on wind turbines as supplies of gas dwindled. Electricity provided by wind farms will increase six-fold by 2020 but critics complain they only generate on windy days.

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“We are going to change our own behaviour and consume it when it is available and available cheaply.”

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Related Links: 

1975: Holdren Says Real Threat to USA Is Cheap Energy: ‘The U.S.is threatened far more by the hazards of too much energy, too soon, than by the hazards of too little energy, too late.’

 

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Watch: Morano on Fox on new Fed fracking regs: ‘They are going after the foundation of fracking’s success’

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National Review: Washington’s Redundant Fracking Regulations: ‘The new requirements largely seek to prevent water contamination, even though numerous credible studies — including those conducted by the federal government – have failed to find a connection between fracking itself and groundwater contamination. Even former EPA head Lisa Jackson had to repeatedly admit this, as did Department of Energy secretary Ernest Moniz…

In the 31 states where fracking occurs or could occur, the Center for Energy and Climate Economics found that “casing and cementing depth regulations are among the most homogeneous in our study; 29 of the 31 states have some form of regulation, and one of those that does not has little or no actual drilling.” In other words, states have already established rigorous standards for well construction…

Also, fracking fluids are far less scary than environmental activists want Americans to believe. A major study released last November by the University of Colorado Boulder found that the chemicals in fracking fluids were also used, to little fuss, in toothpaste, laxatives, detergent, and ice cream. These much-maligned “chemicals” are extremely diluted, with 99.95 percent of fracking fluid consisting of water and sand. Both a Halliburton executive and Colorado governor John Hickenlooper drank a glass of it, to no effect.

Read more at: http://www.nationalreview.com/article/415738/washingtons-redundant-fracking-regulations-jillian-kay-melchior…

Green disinformation on fossil-fuel ‘subsidies’: Report ‘described as ‘subsidies’ normal deductions of expenses and capital costs from revenues for calculation of taxable income’

Green disinformation: worse than we thought

http://www.bishop-hill.net/blog/2014/11/17/green-disinformation-worse-than-we-thought.html

The other day, I mentioned a report by a pair of NGOs on the subject of fossil fuel subsidies, noting that the usual suspects in the mainstream media had failed to mention that in the UK oil companies are subject to a supertax on top of the Corporation Tax to which all companies in the country are subject. It now seems that the report was even more misleading than we thought. The report by Oil Change International is a complete distortion of facts. The authors have described as “subsidies” normal deductions of expenses and capital costs from revenues for calculation of taxable income. These are procedures which are followed in all fiscal systems in all countries for all forms of business and investment endeavors. Under normal definitions of “subsidy” the United States has no subsidies for the oil and gas industry which is why Obama has taken no steps to reduce them. I wonder if Roger Harrabin is going to investigate?

— gReader Pro…

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