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Regulated Into the Ground - The Daily Reckoning


Regulated Into the Ground
poorer would you be today absent 50 years of government economic regulation?
That is, how much wealthier or poorer would you be… had the United States government stood paws off these past 50 years?
Your choices are these:
D): 4.2 times poorer
Regulation counts neither plus nor minus. Let us then add a further selection:
E): No richer or poorer
Have you selected your letter? The correct answer shortly. First, a brief glance at today’s goings- on…
Business as Usual
The Federal Reserve concluded its FOMC confabulation this afternoon.
As expected widely it sat upon its hands. No rate hikes. No foreseeable halt to quantitative easing. ....

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Early closure for Vistra coal plant prompts fresh call for Illinois solar-storage transition policy


Published: 8 Apr 2021, 11:48
By:
Andy Colthorpe
A proposed large-scale battery storage project in Morro Bay, California that Vistra Energy is planning to build. Image: Vistra.
US power generation holding company Vistra has renewed its call for legislation designed to assist the transition from coal to renewable energy in the US state of Illinois.
The call for the introduction of the Illinois Coal to Solar and Energy Storage Act comes as Vistra announced the early closure of the 1GW Joppa Power Plant operated by one of its subsidiaries. The plant had been scheduled for closure in 2025, but that has been brought forward to 1 September 2022. ....

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Partners connect early adopters of new perennial grain crop


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To farmers across Greater Minnesota familiar with annual rotations of corn and soybean crops, the words “perennial” and “grain” might seem like an odd pairing at first.
That was true for Alan Kraus, conservation program manager for the Cannon River Watershed Partnership in Southeast Minnesota, until he read about the development of Kernza in his local newspaper a few years ago. Kernza is the trademarked name owned by The Land Institute of grain harvested from improved varieties of a perennial grass called intermediate wheatgrass. 
“It sounded fascinating to me I had to learn as much as I could about this new crop,” Kraus said. “Once I did my research and connected with folks at the University of Minnesota who were working on this crop, it became clear we have a lot of wins with a grain like Kernza.” ....

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Texas blackouts and the role energy storage can play in a more resilient future


By:
Andy Colthorpe
Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week.
The tragic events, which left an estimated 30 people dead, were followed quickly by initial, predictable, depressing knee-jerk reactionary blaming of renewable energy by politicians and media outlets alike. In reality wind and solar both performed above grid planners expectations in the state while thermal generation sources not only underperformed, but still despite a wave of propaganda comprise the vast majority of the generation mix in the Lone Star State. ....

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