Natural Gas Now Best Picks of the Week – November 7, 2020

Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. We’re Finally Done with the Paris Accord,Which Accomplished Nothing Compared to Natural Gas Good riddance. We’ve already done better by ourselves.

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Entergy sets net-zero carbon goal by 2050

Entergy Corp. has announced that is accelerating its climate action goals with a plan to achieve net-zero carbon emissions by 2050, Kallanish Energy reports. The Louisiana-based utility also reaffirmed its commitments to grid reliability and affordability for customers. That new goal is “another major step forward,” said Leo Denault, Entergy’s chairman of the board and

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China Lies and Pursues Coal Strategy As Naive Enviros Buy the Hype

 ... … … [Editor Comment: China is lying yet again as it pretends to be a climate warrior while pursing a coal and green deception strategy to gain ascendancy.] At the September 22nd United Nations meeting, China committed to peak its carbon dioxide emissions before 2030 and to be carbon neutral before 2060. However, pledges are

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Germany to invest $10.2B in hydrogen expansion

Germany announced it will invest €9 billion ($10.2 billion) to boost its hydrogen strategy, aimed at becoming a global supplier of “state-of-the-art” hydrogen technology, Kallanish Energy reports. The coalition government agreed late on Wednesday a €130 billion ($147.3 billion) coronavirus recovery stimulus package. The program is geared to climate change mitigation and promoting the technologies

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Carbon Emissions Flattening Out Globally, Thanks to Our Fracking

Tom ShepstoneShepstone Management Company, Inc. . … Carbon emissions have failed to grow, despite significant growth in the global economy. Natural gas, that is fracking, here in the U.S. was a huge help. The International Energy Agency is out with a new report demonstrating it is the growth in our natural gas use, brought about

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Trump nominates Brouillette to be Energy secretary

President Trump last Friday announced he has nominated deputy energy secretary Dan Brouillette to replace departing energy chief Rick Perry, Kallanish Energy reports. “I am pleased to nominate Deputy Secretary Dan Brouillette to be the new Secretary of Energy. Dan’s experience in the sector is unparalleled. A total professional, I have no doubt that Dan

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Gas rises, coal falls in US powergen

The share of U.S. total utility-scale power generation from natural gas-fired power plants will rise from 34% in 2018, to 37% in 2019 and 2020, the Energy Information Administration forecasts in its October Short-Term Energy Outlook (STEO). EIA/STEO forecasts the share of U.S. electric generation from coal will average 25% in 2019, and 22% in 2020, down from

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US coal giant faces default

U.S. coal giant Murray Energy Corp., led by the outspoken industry promoter Robert Murray, is nearing default, Kallanish Energy reports. Murray, which bills itself as the U.S.’s largest privately-held coal company, failed to make multiple payments to lenders last week, the Ohio-based company said, in a statement. Creditors have agreed not to take legal action until

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Pa moving ahead with power plant emission caps

Pennsylvania Gov. Tom Wolf’s administration is working to bring the state into a regional consortium of states that sets a price and caps on greenhouse gas emissions from power plants, part of the Democrat’s agenda to fight climate change, Kallanish Energy reports. Wolf made a formal announcement Thursday that he’s ordering a start to the

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Texas wind power on track to outpace coal in 2020

Texas is about to go green — by 2020, more electricity will come from wind than coal, according to analytics/consulting firm Rystad Energy. Propelled by the surging shale revolution, Texas now contributes 40% of total U.S. oil production and nearly 25% of marketed natural gas production, Kallanish Energy reports. However, the “Lone Star State” is

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Montana coal mine expansion gets backing after sale

Montana regulators this week proposed approval of a major expansion of the state’s largest coal mine after it was sold through bankruptcy auction to a company controlled by the Navajo Nation, Kallanish Energy reports. The 72-million-ton expansion of the Spring Creek Mine near Decker, Montana, will occur within the mine’s existing permit boundary, Jen Lane, with

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Power sector still the U.S.’s largest electricity consumer

Energy consumption in the U.S. reached a record high of more than 101 quadrillion British thermal units (quads) in 2018, surpassing the previous high recorded in 2007, by less than 0.3%, the Energy Information Administration reports. For nearly 70 years, the electric power sector, which both consumes and produces energy, has been responsible for some of the

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Vistra Energy closing 4 Illinois power plants

Independent power producer Vistra Energy and its subsidiaries Wednesday named the four coal-fired power plants to be retired to meet the requirements of the recently approved revisions to the Multi-Pollutant Standard (Mps) rule imposed by the Illinois Pollution Control Board (Ipcb). Without this rule change, Vistra said the company’s entire downstate Illinois fleet was at

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Power from natgas to rise in 2019, slip in 2020: Steo

The share of U.S. total utility-scale electricity generation from natural gas-fired power plants will rise from 35% in 2018, to 38% in 2019, and then decline slightly in 2020, according to the latest Steo, Short-Term Energy Outlook, produced by the Energy Information Administration. EIA/Steo forecasts the share of U.S. generation from coal will average 24%

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Climateers: If You Mean It, You Should Love Natural Gas

Richard DowneyUnatego Area Landowners Association Climateers, Richard Downey says, are not being truthful when they pretend anything other than natural gas is going to address what they say needs to happen. Adrian Kuzminski’s June 13/14 column “If Facts Can’t Defuse Deniers, What Can?” opens with the passage from the New Testament where Pontius Pilate asks

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