History of Electricity - IER
WEBIn 1882, with J.P. Morgan funding his efforts, Edison launched the businesses that would later be known as General Electric. In September of that year, he opened the United States’ first central power plant in lower Manhattan—the Pearl Street Station. Pearl Street was a stroke of genius.
The Environmental Impact of Lithium Batteries - IER
WEBNov 12, 2020 — During the Obama-Biden administration, hydraulic fracturing was accused of causing a number of environmental problems—faucets on fire, contamination of drinking water, etc.—but the administration’s own Environmental Protection Agency could not validate those accusations.. Now Biden is planning to transition the transportation sector to electric vehicles that are powered by lithium ...
The United States Was Energy Independent in 2019 for the First …
WEBMay 11, 2020 — The United States Was Energy Independent in 2019 for the First Time Since 1957. By IER. May 11, 2020. Contact The Expert. U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or ...
The Afterlife of Electric Vehicles: Battery Recycling and Repurposing
WEBMay 6, 2019 — Contact The Expert. By 2040, more than half of new-car sales and a third of the global fleet—equal to 559 million vehicles —is projected to be electric. This poses serious challenges. Electric vehicle batteries typically must be replaced every seven to 10 years for smaller vehicles and three to four for larger ones, such as buses and vans.
Price Controls and the 1970s Oil Crisis: Lessons for Today
WEBOct 24, 2023 — The 1970s “Energy Crisis” was in full swing. While shortages were blamed on Big Oil at home and OPEC abroad, the real culprit was federal price and allocation controls. President Richard Nixon’s August 1971 declaration of a 90-day freeze of wages and prices, intended to check price inflation then running near 4 percent (one-half of 2022 ...
About - IER
WEBThe Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and ...
History of Solar Power - IER
WEBFeb 18, 2016 — The history of solar power is not as recent as some may think as the technology has existed since the 19th century and has received substantial government support since at least the 1970s. Despite vast amounts of subsidies, solar power comprises less than 1 percent of US electricity generation [1] …
WEBIn 2019, imported oil met 72 percent of China’s total demand.27 According to a March 2021 Wood Mackenzie report, that figure now stands at 75 percent.28 In 2020, more than 45 percent of China’s crude imports were supplied from the Persian Gulf and another 11 percent came from Africa, leaving China glaringly vulnerable to geopolitical supply ...
Will Any New Refineries Be Built in the United States? - IER
WEBJun 13, 2022 — Chevron CEO Mike Wirth does not expect another oil refinery to be built in the United States ever again, due to federal government policies. The last significant refinery built in the United States was in 1976. (A small refinery came online in 2020 in North Dakota).Over the last two years, due to reduced demand from the pandemic and Presidnt Biden’s stated policy to reduce the demand for ...
Climate Alarm: Failed Prognostications - IER
WEBJun 22, 2018 — New York Times, June 24, 1988. It has been 30 years since the alarm bell was sounded for manmade global warming caused by modern industrial society. And predictions made on that day—and ever since—continue to be falsified in the real world. The predictions made by climate scientist James Hansen and Michael Oppenheimer back in …