Another totally "unexpected" downward revision. More fine work by US government employees who have just one job to do. Did the Bureau of Labor Statistics hire some DEI Secret Service agents to perform stat analysis? Anyone seen mello over at the BLS?
People forget that Bush approached the dems and said that the lending practices were going to crater the economy. Barney and Dodd went to the press and told them Bush was the anti-Christ for suggesting as much and then they ran, lied and hid when the Republicans were correct.
Startups promising to power planes, ships and trucks with clean fuel are sputtering before they get off the ground, showing how hard it will be to wean many industries off oil and gas.
A company backed by United Airlines that raised hundreds of millions of dollars to turn trash into jet fuel appears to have shut down. Another, backed by Airbus, JetBlue and GE Aerospace, that was working on using hydrogen to power planes went bust. Chevron, BP and Shell, meanwhile, are scaling back projects to make biofuels from cooking fats, oils, greases and plant material.
“The excitement of the early days has not lived up to the hype,” said Andy Marsh, chief executive of Plug Power, a startup that recently opened one of the country’s first plants making green hydrogen, a potential replacement for fossil fuels in industries such as steel making and chemical production.
Shares of Plug Power have tumbled more than 90% since the passage of the U.S. climate law two years ago. Shares of biofuels startup Gevo, where Marsh is a board member, are down about 80% in that span.
The failures and delays are all but extinguishing the early optimism after the climate law passed. Rising costs have pushed out project timelines and made it more difficult for companies to raise money. The government’s delays in completing tax credits are adding to the challenges.
Without clean fuels, emissions at many companies are expected to keep climbing, threatening U.S. and global climate targets. Industries including aviation and shipping are counting on the new fuels because wind and solar power and batteries can’t meet their huge energy needs.
Emissions are the least. If the greens had practiced sound science and replaced coal with nuclear plants 40 years ago, we’d have plenty of cheap power and a cleaner environment.
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How do they deserve blame? The cra that lowered lending standards was a Democrat idea.
The head coach for 8 years gets the blame.
Bush wasted thousands of American lives and bodies and trillions of dollars trying to "fix" Iraq and Afghanistan.
That didn't cause the recession though, the CRA and poor mortgage policies did.
We spent trillions of dollars. More debt. It all adds up.
60s great society and Vietnam War spending led to 70s inflation
80s were relatively peaceful for us and some attempts were made at cutting spending. Clinton continued that. Pretty good times
Most of you were alive for the rest of the story
Left out OPEC.
Covered them in another one
Back when our own administration didn't fuck up energy
Yes Clinton was good at taking the GOP ideas and working with Newt, probably out best economy until Trump.
Another totally "unexpected" downward revision. More fine work by US government employees who have just one job to do. Did the Bureau of Labor Statistics hire some DEI Secret Service agents to perform stat analysis? Anyone seen mello over at the BLS?
People forget that Bush approached the dems and said that the lending practices were going to crater the economy. Barney and Dodd went to the press and told them Bush was the anti-Christ for suggesting as much and then they ran, lied and hid when the Republicans were correct.
The most obvious answer to a shaky are “price controls.”
We need more of politicians telling business owners what to do and how to do it.
How to turn cash into a biofuel? Put it in a pile and light it on fire or "invest" in a fuel source no one wants and can't afford.
https://instapundit.com/
WHEN THE BILL FOR THE GRIFT COMES DUE: Clean Fuel Startups Were Supposed to Be the Next Big Thing. Now They Are Collapsing: Hydrogen and biofuel projects have become money pits, threatening climate progress.
Emissions are the least. If the greens had practiced sound science and replaced coal with nuclear plants 40 years ago, we’d have plenty of cheap power and a cleaner environment.
The bushes ran on, and supported, the expansion and interventionism of the government.
I just had a $3 tanqueray and tonic at Applebees, maybe I will survive in THIS economy