Showing posts with label Ivanpah. Show all posts
Showing posts with label Ivanpah. Show all posts

Sunday, June 11, 2017

Road To California -- June 11, 2017

This is such an incredibly amazing story coming out of California regarding electricity, I'm just going to post the link; maybe come back to it later.

Here's the link: a Central Valley power plant may close as the state pushed new building at customers' expense.

This was absolutely predicted: we called it "the road to Germany."

This story, of course, naturally requires an update of Ivanpah. From Bloomberg. California now says Ivanpah meets "emissions standards" and can continue operating. If you read between the lines, it is easy to see that lawyers and regulators for both sides (the state vs Ivanpah) saw across the table, did some fancy calculations and projections, and came to some sort of agreement. It pretty much means this experiment is not likely to be tried again if Californians have any sense.

Breitbart has another view.
The California Air Resources Board’s most recent analysis reportedly found that during Ivanpah’s second year of operation, carbon emissions from gas, used to focus Ivanpah’s mirrors at night, jumped by 48.4 percent, to 68,676 metric tons.

The joint venture between BrightSource Energy, NRG, Google and Bechtel was approved by the Obama administration as its biggest alternative-energy project on public lands. The project also received $1.6 billion in taxpayer loan guarantees, and $600 million in federal tax credits, to reduce carbon emissions by 400,000 tons of carbon-dioxide emissions per year.

But carbon emissions data from the U.S. Energy Information Administration demonstrats that natural gas consumption at Ivanpah increased by about 7 percent in the first three quarters of 2016, compared to the prior year.

Monday, December 29, 2014

Modern Political Money Laundering -- December 29, 2014

An Opinion Piece
I am not alleging any wrong-doing or any illegal activity
Everybody does it 

This is the way I imagine modern political money laundering is accomplished:

1. People who have the correct credentials, such as a Ph.D. from Yale, or an MBA from Harvard School of Business, AND the golden gift of gab, AND generally have no skeletons in their closet (e.g., pedophile) are given a government grant for a politically correct start-up, such as a battery manufacturing plant or a wind farm or a solar farm or a global warming think tank.

Tower of Song, Leonard Cohen

2. The salaries for the start-up are a) generous, b) guaranteed; c) provided to the CEO and directors; and, d) sourced by the federal government.

3. The start-up is run like any other business entity, but a) IRS audits are not in the cards; and, b) the CEO and directors are expected to contribute heavily to the political party that made it all possible. This is community organizing at its best.

4. The best-known example was Solyndra. Solyndra is the poster child for political money laundering through start-up battery companies. See this post and/or the Solyndra tags at the bottom of the blog.

5. It appears we now have a poster child for solar farms: Ivanpah. See these links:
And so it goes.