American climate-change activists point to Europe, and especially Germany, as the paragon of green energy virtue. But they ought to look closer at Angela Merkel’s political struggles as she tries to form a new government in Berlin amid the economic fallout from the Chancellor’s failing energy revolution.
Berlin last month conceded it will miss its 2020 carbon emissions-reduction goal, having cut emissions by just under 30% compared with 1990 instead of the 40% that Mrs. Merkel promised. The goal of 55% by 2030 is almost surely out of reach.
Two years ago, Gov. Jerry Brown signed an ambitious law ordering California utility companies to get 50 percent of their electricity from renewable sources by 2030.
It looks like they may hit that goal a decade ahead of schedule.
An annual report issued Monday by California regulators found that the state’s three big, investor-owned utilities — Pacific Gas and Electric Co., Southern California Edison and San Diego Gas & Electric Co. — are collectively on track to reach the 50 percent milestone by 2020, although individual companies could exceed the mark or fall just short of it.
‘In 50 years, every street in London will be buried under 9 feet of manure.” With this 1894 prediction, the London Times warned that the era’s primary source of transportation energy—the horse—would soon create an environmental crisis.
. . . The lesson is that governments are in no position to predict technological breakthroughs, and their attempts to do so can delay innovations by entrenching inferior technologies. Diesel cars are another example. European states have been subsidizing them for decades, but diesel engines create considerably more noxious gases and particulates. Now Britain and Germany are reversing their policies and trying to phase out diesel.
Bitcoin's incredible price run to break over $7,000 this year has sent its overall electricity consumption soaring, as people worldwide bring more energy-hungry computers online to mine the digital currency.
California drivers normally catch a bit of a break this time of year when gas stations switch over to winter blends, which usually run about 12 cents a gallon less than summer-blended fuel.
But this year, the switch will coincide with the rollout of a state law to increase the price of gasoline by 12 cents a gallon.
In essence, the hike in the gas tax will nullify the reduction in price associated with the transition to winter fuel.