Because of the nature of baseload power plants, only supplying enough to cover the base load, other plants have to be put online to cover any demand above the base load. These include load-following plants, which are more costly to run. In the old days, many of these ran on oil. Nowadays, the fuel of choice is natural gas, though the design of the plant is a different from that of a gas-fired baseload plant.
A common theme off and on for years regarding Tesla is subsidies, and it’s a popular one again. The idea from critics is that Tesla is getting billions of dollars of subsidies and that’s why it’s a viable company. Let’s hone in on that thought and see how accurate it really is.
OPEC is beginning to see the writing on the wall. Demand for oil is declining and may never recover. That’s good news for the Earth.
Last week on Twitter, Elon Musk shared his thoughts about UBI and how our government pretty much mismanaged stimulus/relief for the coronavirus economic shutdowns.
There is a saying, “United we stand, divided we fall.” It comes in many forms, in many languages, including Abraham Lincoln’s “A house divided against itself, cannot stand,” a fairly close restatement from the Bible.
The 3 banks most funding fossil fuel development recommended selling Tesla [TSLA] stock at the end of 2019 before its epic run over the past several months. Overall, 5 of the top 10 banks funding fossil fuel growth had a “Sell” rating on TSLA.
Career day for many school kids involves following their parent around for a day, and maybe taking a stroll in a fire truck or going to an office where a parent works. The idea is to encourage kids’ imaginations to see what their options are, that work can be fun and engaging, and to give them a little real-world sense of why they’re getting an education.
Vice President Mike Pence has made it very clear that the Trump administration is in favor of the fossil fuel industry. Hailing it as a job creator and painting it as a good thing, he uses Biden’s approach to clean energy to paint Biden as a destroyer of jobs — even though clean energy has created far more jobs than fossil fuels in the past few years, and certainly the past decade.
The promise of autonomous vehicles that drive humans safely and reliably in every condition and place in the world is an inspiration for humankind, and if realized will open the door to unprecedented productivity gains and not-seen-before profits.
In Texas, solar will soon push most of the remaining coal fleet offline, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
