Tag: U.S. Energy Information Administration
Ringside: Floating Offshore Wind – An Environmental Catastrophe
Last week we examined California’s plans to install between 2,500 and 10,000 floating offshore wind turbines approximately 20 miles off the coast of San Luis Obispo and Humboldt counties. The estimated cost to install 25 gigawatts of capacity, which equates...
Ringside: Floating Offshore Wind – A Financial Catastrophe
When it comes to looming financial and environmental catastrophes, nothing can compare to floating offshore wind. It is energy policy at its worst. In an analysis earlier this year (WC #36), using cost estimates published by a European energy consulting firm, I...
California Energy Commission Proposes State Takeover Of Oil Refineries
Just as Chevron Oil company announced that it is moving its headquarters to Houston Texas from San Ramon California, California Energy Commission regulators announced proposed government controls of the petroleum industry, ostensibly in order to combat future energy price surges,...
Chevron Exit Demonstrates How California Lawmakers Are Regulating Residents Out Of Business
The announcement of another major corporation leaving California is just the latest illustration of Sacramento lawmakers regulating residents out of business. On Friday, the iconic California oil giant formerly known as Standard Oil will mark the 145th anniversary of its...
Add Chevron to the Growing list of Businesses Fleeing California
California’s own Chevron Oil company is moving its headquarters to Houston, Texas from San Ramon, California, the latest big business to flee the Golden State. Chevron is in good company joining X/Twitter, Space X, Oracle, Hewlett Packard, Charles Schwab, and...
Ringside: An Overview of California’s Energy Economy
Energy in California is unaffordable and unreliable, and it’s going to get worse if the priorities of the state legislature don’t dramatically shift. The state’s default policy is to create energy scarcity in order to protect the environment, and in...