February 22 NEC Energy News
¶ “Renewable Energy: Zero Blackouts, Millions Of New Jobs: Mark Z Jacobson” • Mark Z Jacobson and his team recently published an updated study building on prior research to show switching to 100% renewable energy would virtually eliminate the electrical grid blackouts that have plagued many areas of the country in recent years. [CleanTechnica]
¶ “China And Russia Cannot Be Trusted On UK Nuclear Projects, Parliament Told” • China and Russia cannot be trusted with commercial contracts and should be barred from future UK nuclear power projects, a Labour former environment minister said. Lord Rooker warned against the countries’ involvement in building plants as they were unreliable. [GB News]
¶ “Ukraine-Russia Tensions: Oil Surges On Supply Fears” • Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supplies across the world. The price of Brent crude rose to a seven-year high of $97.65 (£71.91) a barrel after Russia recognised two rebel-held regions in Ukraine as independent states and ordered troops into them. [BBC]
¶ “Biden Administration Freezes New Oil And Gas Drilling Leases After Court Rules Against Key Climate Tool” • Earlier this month, a District Judge ruled that the Biden administration may not use the “social cost of carbon” in decisions around oil and gas drilling on public land. Now the administration has put a pause on new leases and permits for drilling. [CNN]
¶ “Texas Supreme Court Tells Exxon To Go Pound Sand” • In a brazen attempt by Exxon to stop lawsuits against it filed by eight California cities and counties, it argued that the suits violated Texas’ sovereignty and that it had every right to hide the truth about its products because its “free speech” was protected. Texas’s Supreme Court was not impressed. [CleanTechnica]
¶ “Despite Regulator’s Ruling, GlobalFoundries To Move Ahead With Power Plan” • Semiconductor maker GlobalFoundries said it plans to press on with plans to create its own electric utility, despite a ruling from regulators that the company would not be exempt from state renewable energy rules. Its clean energy goals already exceed the state’s requirements. [Seven Days]
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