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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office.

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Texas Energy System Faces a Winter Reckoning

GreenTechMedia

And while the state’s 22-gigawatt wind power fleet has faced problems stemming from icing of wind turbine blades and relatively low wind conditions that have reduced its ability to contribute to the grid, the primary failure is from the state’s natural-gas, coal and nuclear generator fleet, according to ERCOT data.

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Texas Blackout Hearings Highlight Intertwined Risks of Natural Gas, Power Grid and Deregulated Market

GreenTechMedia

The catastrophic breakdown of Texas’ natural gas and electricity system last week lacks a single villain to blame for it all. “We set up rules very deliberately to say, 'Give us the cheapest gas, power and water you can get, and don’t bother me about all that other stuff,'” she said.

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Looking for Fixes to What Broke the Texas Power Grid

GreenTechMedia

But these attacks have run up against the cold fact that the state’s natural gas infrastructure was central to its broader grid failure. Instead, ERCOT’s energy-only markets rely on massive price spikes to encourage private investment in the resources needed when grid demand threatens to outstrip supply.

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The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

Betting on rising oil demand growth is now effectively saying that global vehicle makers will fail in their multi-billion dollar investments to shift to electric cars and trucks, that renewables won’t continue to get cheaper and easier to store, that carbon taxes won’t continue to rise or become more widespread. From oil to energy majors.