French Bank BNP Paribas Says It Will No Longer Fund Shale Cos.

We spotted a Reuters story trumpeting word from BNP Paribas–France’s largest bank–that it will no longer “work with oil and natural gas companies that primarily do business in shale or oil sands.” Why? “It plans to boost support for renewable energy projects.” We found that interesting, because BNP Paribas has had a hand in financing a myriad of projects–in the Marcellus/Utica region. Many of the projects they’ve underwritten are in the midstream (pipeline companies), and the downstream (gas-fired electric generating plants). Does the ban on working oil and natural gas companies extend to them? After all, they flow the gas fracked from shale (or oil sands), or burn fracked gas in the case of power plants. Will BNP pull its part of the $400 million credit line from Eureka Midstream (see M-U Pipeline Co. Eureka Midstream Expands Line of Credit to $400M)? Will BNP pull its $460 million worth of loans for the Lawrence County, PA fracked shale gas-fired electric plant (see Ground Broken for Lawrence County, PA NatGas-Fired Electric Plant)? Will BNP pull its backing of hundreds of millions of dollars from two fracked gas-fired OH power plants it’s involved with (see Fluor & Clean Energy Partner to Build 2 OH NatGas Electric Plants). You get our point. This is nothing more than a rankly hypocritical, sleazy, pandering, pusillanimous publicity stunt. Totally meaningless…
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PA DEP Offers $1M in Grants for CNG, Propane Refueling Stations

The Pennsylvania Dept. of Environmental Protection (DEP) is offering $1 million in grants to companies willing to build “alternative fuel infrastructure projects” in Pennsylvania. What the heck is that? CNG (compress natural gas) fueling stations, propane fueling stations, and electric vehicle charging stations. The catch? The fueling stations must be open and available to the general public, and must be located with the “designated alternative fuel corridors” of certain interstate highways: I-76, I-276, I-476, I-70, I-95, and I-80. PA wants to goose the use of alternative fuels. Here’s the deets on the program…
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French Schizo: Ban Gas Drilling; Gas Bridge to Renewable Future

MDN editor Jim Willis had the pleasure of visiting France in 2006. It is a breathtakingly beautiful country. Jim found the French people to be personable and easy to deal with, contrary to the popular myth they are arrogant and hate Americans. But hey, that was just one guy’s experience. Maybe you have had a different experience? We’ve written about France’s on again, off again frack ban over the years (see our stories about France here). You don’t have to worry about whether or not France will ever allow fracking. Beginning this fall, the country will stop issuing ANY/ALL permits to drill for ANY/ALL oil and gas–conventional, shale, doesn’t matter (see France Commits Energy Suicide – No New Oil & Gas Exploration, Ever). France says it will transition to “environmentally-friendly energy.” You know, like solar and wind–even though discarded solar panels are about the same thing as disposing of nuclear waste (an ecological disaster). But appearances are everything for French President Emmanuel Macron and his certifiably-insane government. France (as of 2013, the most recent stats we could find) gets 44.5% of its energy from oil and gas, the single largest block of energy powering the country. Nuclear is second, at 41%. Wind and solar? Together they make up less than 1% of France’s energy supply. Here’s another bit of evidence that France is schizophrenic when it comes to energy: Recently the French international association for gas, CEDIGAZ, released a report (copy below) that predicts worldwide natural gas use will rise 1.6% per year from 2014-2035, outstripping all other forms of energy, renewable or not. CEDIGAZ also says natural gas and LNG are “a key transition fuel” to the renewable, sustainable nirvana that awaits us in the future. And yet France is banning all oil and gas drilling–eliminating the bridge to that future. How do you reconcile that?…
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The Shocking Ignorance of Anti-Fossil Fuel Protesters

Every now again we go on a rant about the hypocrisy, indeed the stupidity, of those who claim we can just stop using fossil fuels altogether–now–and switch to so-called renewables. If we only had the political will. According to the fantasizers, solar and wind and hydro and other non-fossil fuel sources could eliminate the need for fossil fuels. But what they fail to understand or grasp or admit (or perhaps all three), is that without fossil fuels they would not have clothes, houses, cell phones, vehicles for transportation and a host of other modern conveniences. Frankly, without fossil fuel extraction, we would immediately be plunged back into the Stone Ages–with cruel, very short, lifespans. Antis fail to recognize the key role fossil fuels play in our everyday lives. Our ongoing prediction, which will be proved long after we’ve exited this world, is that fossil fuels are here for at least the next 100 years. We spotted a local letter to the editor from a numskull spouting this “fossil fuels will kill us all” meme, and on the same day, an article by the always-excellent David Blackmon, writing for Forbes, which outlines many of the ways life would change without fossil fuels. Together these two pieces show the stark contrast between those who think, and those who don’t…
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Mark Zuckerberg Goes Fracking in North Dakota, Antis Have Meltdown

Mark Zuckerberg is the very wealthy and quite young founder and CEO of Facebook. As is typical of his generation and in the tech world, Zuckerberg is a flaming liberal. But you have have to give the guy credit. He not only founded Facebook, he grew it–to one of the biggest companies (value-wise) in the world. And he hasn’t screwed it all up. So he’s learned something. He’s teachable. Apparently Zuckerberg thinks if someone like Donald Trump can win the presidency, he might be able to himself. So Zuck has been traveling across the county, visiting various companies/factories/etc. Last week the Zuck was in North Dakota, visiting the Bakken Shale. Which may seem unusual. Zuckerberg is a big renewables guy. However, Zuckerberg wanted to see fracking, its workers and the communities around it, first-hand. He cautioned against the dangers of “demonizing” people who work in the fossil fuel industry. You know, our opinion of Zuck just went up a few notches. Maybe this kid can learn. He’s keeping an open mind. But of course some of his biggest fans, anti-drilling snowflakes, had a meltdown and took to social media to castigate their former hero…
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Trump Forces G20 to Acknowledge Role of Fossil Fuels Worldwide

At the G20 summit of industrialized nations in Germany last week, something pretty incredible happened. All of the European nations part of the G20 are attempting to bully the United States into dumping fossil fuels. Donald Trump stood up to them last week and got them to add language to the official communique that Washington will “work closely with other countries to help them access and use fossil fuels more cleanly and efficiently.” Folks, this is major! Europe backed down. Trump stood firm and he stood tall. Europe has been in this fugue of denial, claiming the world will just be able to flip and switch and convert to so-called renewable energy–any year now. Trump got them to admit that false pretense is not reality. He got them to admit that fossil fuels are and will be a part of the world’s energy mix for the foreseeable future (generations, with an “s”). No doubt the Europeans didn’t like being shamed into admitting the renewable emperor has no clothes. Here’s an even bigger surprise. The lib editors at the Detroit News think Trump did the right thing–and say fossil fuels are here to stay for a long time…
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Wind & Solar Powergen 3-4x More Expensive to Build than NatGas

Our favorite government agency, the U.S. Energy Information Administration, has done us all a huge favor. Yesterday we brought you a post by EIA’s Today in Energy that points out in 2016 some 81% of all the energy we used in the US of A came from fossil fuels (see Fossil Fuels Continue to Dominate American Energy – 81% in 2016). Today we bring you another post from the EIA. This one compares the cost to build new electric generation plants, as measured by how much it costs per megawatt hour produced, to build the plant. What the post points out is that the only source of new electric power that’s cheaper to build/produce than natural gas, is hydroelectric power. Dams. And even at that, hydro is not all that much cheaper than natgas. Wind is nearly triple the price of natgas to build, and solar is four times as much! So much for the renewable nirvana future that awaits us…
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True Colors of Politicized NY DEC Evident on Agency Website

The Independent Oil & Gas Association of New York (IOGANY), sent an email last Friday to members alerting them to the profound bias evident for all to see on the state Dept. of Environmental Conservation (DEC) website with respect to renewable vs. fossil fuel energy. It seems the DEC has been politicized by Gov. Andrew Cuomo and now reflects his energy bias in promoting so-called renewable energy sources over fossil fuel energy sources. As IOGANY points out in their email (and as we’ve stated many times), nobody is against renewable sources of energy. They (and we) are, however, against the state choosing sides and promoting some sources over others, when it doesn’t make sense environmentally nor economically. IOGANY’s observations are compelling–showing just how biased agencies like the DEC have become…
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NOAA, Natl Labs Say 100% Renewables Not Possible by 2050

Anti-frackers like Josh Fox (maker of the propaganda film Gasland) have long relied on a single, flawed research “study” that purported to make the case that the entire country could, if it wanted to, switch over to using 100% renewable energy sources by 2050. The study, titled “100% clean and renewable wind, water, and sunlight (WWS) all-sector energy roadmaps for the 50 United States” (full copy below), presents “roadmaps for each of the 50 United States to convert their all-purpose energy systems (for electricity, transportation, heating/cooling, and industry) to ones powered entirely by wind, water, and sunlight (WWS).” This week a group of 21 independent experts, including the former associate director at Lawrence Livermore National Laboratory and a NOAA researcher who specializes in renewables, issued a devastating rebuttal of the earlier “renewable roadmap” study–saying it has “significant shortcomings,” using “invalid modeling tools” with “modeling errors” and makes “implausible and inadequately supported assumptions.” In the rebuttal study, titled “Evaluation of a proposal for reliable low-cost grid power with 100% wind, water, and solar” (full copy below), the authors rip the earlier “renewable roadmap” study to shreds, exposing the lie that fossil fuels can be phased out within our lifetimes. It’s simply not possible. And it’s time that lie is debunked in the public square. But don’t look for mainstream media to give one drop of ink to this study. It doesn’t fit their renewables-are-nirvana-and-fossil-fuels-are-evil narrative…
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The Fourth Industrial Revolution is Powered by Oil, Not Renewables

Did you know that it is technologically impossible to create solar panels without using fossil fuels? The processing that takes place for the silicon at the heart of solar technology needs to be refined at temperatures of 1,500-2,000 degrees Celsius. The highest temps you can get from a solar-powered device is 1,380 C. That’s just one of the reasons why the fourth industrial revolution, which is happening now, will be powered by fossil fuels–not by renewables…
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Seneca County, OH – Where All Forms of Energy Come Together

Generally speaking, the western side of Ohio is seeing a lot of activity with new solar and wind installations. And the eastern side of the state is seeing a lot of activity with shale drilling and natural gas pipelines. But there is one county, Seneca County (slightly left of center, in the northern part of the state) where both renewable projects like solar and wind, and fossil fuel projects like pipelines, are both active. And that means landowners in Seneca County are being bombarded with offers from solar, wind, pipelines and electric lines. Some sage advice from the Ohio Farm Bureau Federation for landowners: hire a lawyer before you sign anything…Continue reading

Environmentalist Argues Against Subsidies for Solar & Wind in Ohio

Michael Shellenberger

Michael Shellenberger is an American author, environmental policy expert, cofounder of the Breakthrough Institute and president of Environmental Progress. He was named a Time magazine Heroes of the Environment in 2008. He lives in San Francisco and is a big-time, lefty, lib, environmentalist wacko. But, he’s also an honest big-time, lefty, lib, environmentalist wacko. And for that, we respect him. Shellenberger sent a letter to the editor of the Akron Beacon Journal with the meme of stopping “discrimination against nuclear power.” Among his statements in the letter, Shellengberger says: “Like most environmentalists, I used to be opposed to nuclear power. I thought solar and wind would be enough. But the more I learned about solar and wind, I realized they could never power a high-energy industrial civilization.” Whoa, hold on. We’re dizzy and wobbling…having been knocked up side the head with straight truth from an environmentalist. Shellenberger goes on to make a very strong case that Ohio’s subsidies for solar and wind are, in part, killing nuclear energy in the state. He actually advocates an end to such subsidies. And for those who may not know, “subsidies” means Ohio Gov. John “foreigner hunter” Kasich wants to transfer money from the pockets of Ohio taxpayers into the pockets of businesses in the solar and wind industry. Shellenberger takes Kasich to task for such lunacy. Whoa, there we go again, wobbling…must hold on to something…
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How O&G Companies Survive & Thrive During Low Prices

Regina Mayor is leader of energy and natural resources for the consulting firm KPMG. She’s located in Houston. However, she recently made a trip to California to speak at the Stanford University Precourt Institute for Energy. Her topic? “How Energy CEOs are Adapting in the Downturn.” We have a video of her full talk below. It’s compelling. Mayor recounts how oil and gas companies had to figure out how to make money in a low price environment. She also observes that all sectors of the energy industry are pumped on Trump: “Everyone in the industry seems to think that they’re going to be a winner under this administration. The wind and solar guys and gals, the coal folks, the gas, the upstream, the downstream, everyone believes that they’re going to win…where I come from, you always know that that can’t be the case. Logic tells you that can’t be the case. But I do find the level of optimism quite fascinating.” Below is a summary of her talk, and the video…
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SW PA Legislators Give Lib Ladies an Earful on Fossil Fuels

Several southwest Pennsylvania Republican lawmakers (and a Democrat lawmaker) addressed the League of [Liberal Democrat] Women Voters at the group’s annual question-and-answer session with area legislators in Washington, PA on Friday. The Lib Dems attending likely got more than what they bargained for, as the legislators who addressed them stuck up for fossil fuels. The moderator asked a question about so-called clean energy jobs and investing, and promptly got schooled about REAL clean energy–i.e., fossil fuels!…
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NatGas v Wind – No Contest, NatGas Wins

You hear a lot about wind these days, not so much about solar, as an alternative to nasty fossil fuels like natural gas. But is wind really “all that?” We spotted an Associated Press story bragging about “the nation’s first offshore wind farm” opening off the coast of Rhode Island. Deepwater Wind built five turbines producing 30 megawatts of electricity (enough electricity to power 17,000 homes) 3 miles off Block Island–at a cost of $300 million. That’s about $10 million per megawatt to construct the facility. Let’s compare that to building a natural gas-fired electric plant. Natgas plants cost about $1 million per megawatt (10x less). This past year the very first built-from-scratch natgas plant built to use Marcellus Shale gas, called Panda Liberty, went live (see First NatGas Power Plant in Marcellus, Panda Liberty, Goes Online). Panda Liberty is an 829-megawatt Marcellus gas-fired electric generating plant in Asylum Township, Bradford County, PA. While Panda Power doesn’t release financial details, we believe we’re on solid ground by estimating the cost to build the plant at $829 million. Here’s the kicker: Panda Liberty’s 829 megawatt plant supplies enough electricity to power 1 million homes! Let’s see, spend $300 million to supply 17,000 homes, or $829 million to supply 1 million homes. Hmmm, tough one. We know, it’s not an exact apples to apples situation. The wind farm continuously gets its energy source (wind) for free, and the gas that powers Panda Liberty is not free. But honestly, there’s not enough ocean, or hilltops, to site those big, ugly turbines to take the place of clean-burning natural gas. In our book, there is no comparison. Natgas wins, hands down…
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Environmentalists Lose Their Minds, Strap Methane Backpacks on Cows

Source: INTA Informa
Bovine Borg – Source: INTA Informa

Have you ever read an article on The Onion? It’s a faux news site that runs stories that, at first blush, appear to be legitimate–but are in reality spoofs. Jokes. Made-up. That’s what we began to read a story sent along by intrepid MDN news hound Chris Acker, about researchers in Argentina strapping methane backpacks on cows and hooking up hoses to their digestive tracts (reminding us of the Borg in Star Trek) in order to capture global warming methane emissions from bovines. We thought, “This must be a joke, right?” But no! It’s not. It comes from Bloomberg–a legitimate mainstream news agency. Environmentalist wackos are so concerned that cow burps and farts will warm Mom Earth that they’re now driven to turn poor Bessie the cow into a Bovine Borg…
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