January 21 Green Energy News

Headline News:

“US Energy-Related Carbon Dioxide Emissions Expected To Increase In 2022 And 2023” • In its latest Short-Term Energy Outlook, the Energy Information Administration forecast that US energy-related CO₂ emissions will increase in 2022 and 2023 but remain below 2019 levels. These emissions had decreased 11% in 2020 due to Covid-19. [CleanTechnica]

Graphic from the EIA’s Short-Term Energy Outlook

“Gas Prices Could Soar If Russia Invades Ukraine” • If Russia invades Ukraine, inflation-weary Americans will likely pay the price at the pump. That’s because Russia is the No 2 oil producer on the planet, behind only the US. And Ukraine is a key energy transit hub, where a large amount of Russian natural gas exports to Europe flow through. [CNN]
“Is The ExxonMobil Net-Zero Report And Announcement Another Greenwashing Campaign?” • ExxonMobil announced this week that it wants to achieve net-zero greenhouse gas emissions for its operating assets by 2050 and shared details as to how it will achieve this goal. This sounds like a good thing on the surface, but is it really? [CleanTechnica]
“Verizon Signs Power Deals For 910 MW Of New Renewables” • US telecoms provider Verizon has entered into virtual power purchase agreements equating to a total of 910 MW of capacity. Verizon’s seven new renewable energy purchase agreements are expected to help finance the powering of seven new solar and wind facilities. [reNews]
“Nuclear Energy Is Far Too Costly” • When it suggests that nuclear power be considered sustainable, the EU Commission is completely ignoring the costs of nuclear energy. Quite apart from the funds required to build new nuclear power plants, even smaller ones, there is the far more important question of who would foot the bill in the event of an accident. [DW]

Green Energy Times