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- 🛢️ Blackouts Across the USA?!
Good morning, here's what the OilPatch Team has for you today:
Half of U.S. Faces Blackouts
Half the country should be bracing up for power outages over the next ten years.
A surge in demand and capacity cuts are the culprit.
Wind and solar won’t cut it but you already knew that.
14 states in the midwest and down to Louisiana are in danger of blackouts at regular peak demands for electricity because we have closed down too many reliable on-demand coal and natural gas plants.
It is getting worse. Fear expensive climate policies, not climate change. A… x.com/i/web/status/1…
— Frank Lasee @truthinenergyandclimate (@lasee_frank)
4:37 PM • Dec 20, 2024
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Canada Reconsiders Draconian Transition Targets
Canada has reconsidered a goal to have a net-zero grid by 2035.
Now, the government eyes net-zero status for its grid by 2050.
It could be a random moment of lucidity.
It could also be the first sign of a return to sanity…but probably not:
Canada, led by "Liberal" Party leader Justin Trudeau, pivoted to the left much harder than the US. They were a Rorschach test for "progressive" ideals: carbon taxes, DEI, censorship, open immigration.
Here is the report card of that progress.
— Chamath Palihapitiya (@chamath)
11:56 PM • Nov 8, 2024
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Tweet of the Day
Well, this is a new one for me
@massive_frac
— Matt Toohey (@Landmannery)
8:37 PM • Dec 9, 2024
Thanks for reading today’s Oil Patch!
Stay oily, my friend.
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