House Democrats pick Waxman for energy panel; environmentalist victory

This is a flatout disaster. You wanted change. Well, that's all you're going to have left when gas goes to $7/gallon next summer.

Waxman's an ugly whining douchebag.

Stick your bicycle in your ass you dumbshit.

You are the definition of stupid.

That would be you - because you only think of yourself. This is a BIG country dumbfuck - it wasn't built by bicycle. Especially not that one sticking out of your ass.

Are you ******* kidding me? What kind of useless POS am I arguing with here?

Do you really think that even the majority of people that work in Berzerkeley commute BY BICYCLE?

You're insane. Go back to your rubber room.

Dude, you're hardly smarter than I am. The simple fact that you think that gives away your complex. Plus, your constant gibberish posts indicate you have no idea where Kansas is on map, nor could you get there if someone showed you. Didn't you supposedly use to live in Texas? How's the public transportation down that way? How's the public transit in Silicon Valley as well?

This is a HUGE country and we use petroleum. A lot of it. Asshats such as yourself are going to soon be skewered and roasted by those who you're ******* over in the name of absurd liberal elitism. I'll light the fire, trust me.

BP Scraps British Renewables Plan to Focus on US

November 9, 2008 by LKBlog

TERRY MACALISTER, The Guardian/UK, November 7, 2008

BP has dropped all plans to build wind farms and other renewable schemes in Britain and is instead concentrating the bulk of its $8bn (£5bn) renewables spending programme on the US, where government incentives for clean energy projects can provide a convenient tax shelter for oil and gas revenues.

The decision is a major blow to the prime minister, Gordon Brown, who has promised to sweep away all impediments to ensure Britain is at the forefront of the green energy revolution. BP and Shell - which has also pulled out of renewables in Britain - are heavily influential among investors.

BP has advertised its green credentials widely in the UK and has a representative on the ruling board of the British Wind Energy Association (BWEA). But it said difficulty in getting planning permission and lower economies of scale made the UK wind sector far less attractive than that of the US.

“The best place to get a strong rate of return for wind is the US,” said a BP spokesman, who confirmed the group had shelved ideas of building an onshore wind farm at the Isle of Grain, in Kent, and would not bid for any offshore licences.

BP has enormous financial firepower as a result of recent very high crude oil prices. Its move away from wind power in Britain follows a decision by Shell to sell off its stake in the London Array project off Kent, potentially the world’s largest offshore wind farm.

Shell gave the same reasons as BP for that move, saying the economics of UK wind were poor compared to those onshore across the Atlantic, where incoming president Barack Obama has promised to spend $150bn over 10 years to kick start a renewable energy revolution .

BP said about $1.5bn would be spent next year on US wind projects and the company expected to spend the $8bn up to the year 2015.

BP is still proceeding with some limited solar, biofuels and other schemes, but the vast majority of its time and energy is now being concentrated on wind. By the end of 2008, BP expects to have one gigawatt of US wind power installed and plans to have trebled this by 2010.

The BWEA shrugged off BP’s decision. “The offshore wind market is evolving and getting stronger. Different investors will come and go at different stages of the development cycle. But whoever the players are, we know that the offshore industry will be generating massive amounts of electricity for the UK market in the next few years,” said a spokesman.

Britain is not the only country to miss out on BP’s largesse. The company said yesterday it was also pulling out of China, India and Turkey, where it had also been looking at projects.

BP had formed a joint venture with Beijing Tianrun New Energy Investment Company, a subsidiary of Goldwind, China’s largest turbine maker. The two companies had signed a deal in January under which they planned 148.4MW of wind capacity in Inner Mongolia, China’s main wind power region. BP had also started building two wind farms in India and was considering schemes in Turkey. It is now expecting to sell off the Indian facilities and halt work in Turkey.

Green campaigners have been highly sceptical about BP’s plans to go “beyond petroleum” and feared that the company’s new chief executive, Tony Hayward, would drop this commitment, started under his predecessor, John Browne.

The company has always insisted it remained keen to look at green energy solutions and has been investing in biofuels operations in Brazil. BP is also in the middle of a major marketing campaign, with huge posters on the London Underground boasting of its moves to diversify into wind and other energy sources.

The Carbon Trust, a government-funded organisation established to help Britain move from carbon to clean energy, recently published a major report warning ministers that the costs of building wind farms offshore was too high. There was speculation that BP was a major influence on that study, which proposed that turbines should be allowed to be placed much nearer to the shore.

The Crown Estate, which has responsibility for UK inshore waters, is still confident that a long-awaited third offshore wind licensing round in the North Sea will attract a record number of bidders. It has already registered 96 companies, although it has not released names and BP and Shell will clearly be absent.