The Environmental Impact of Lithium Batteries - IER
Nov 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 …
May 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 ...
Cost of Transitioning to 100-Percent Renewable Energy - IER
Jul 15, 2019 · There are several studies that indicate it would cost the United States trillions of dollars to transition to an electric system that is 100-percent renewable. Costs range from $4.5 trillion by 2030 or even 2040 to $5.7 trillion in 2030—about a quarter of the U.S. debt. The lower estimate results in a cost per household of almost $2,000 per ...
History of Electricity - IER
In 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.
History of Solar Power - IER
Feb 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] and should no longer be propped up by taxpayer ...
An Overview of Federal Government Support for Electric Vehicles
Jul 27, 2023 · An Overview of Federal Government Support for Electric Vehicles. By Alexander Stevens. July 27, 2023. Contact The Expert. Electric vehicles (EVs) have been heralded as the eco-friendly saviors of our transportation landscape, promising to reduce greenhouse gas emissions, dependence on fossil fuels, and combat climate change.
Electricity Distribution - IER
Distribution is essentially the retail end of the electricity business. Currently, distribution makes up roughly 32 percent of the total cost of electricity—out of the 9.9 cents/kilowatt-hour (kWh) that Americans paid for electricity on average in 2012, distribution accounted for about 3.1 cents/kWh.
In 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 ...
Price Controls and the 1970s Oil Crisis: Lessons for Today
Oct 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 ...
Environmental Impacts of Lithium-Ion Batteries - IER
May 11, 2023 · A study from Australia found that 98.3 percent of lithium-ion batteries end up in landfills, which increases the likelihood of landfill fires that can burn for years. One landfill in the Pacific Northwest was reported to have had 124 fires between June 2017 and December 2020 due to lithium-ion batteries.