Saturday, June 16, 2018

Natural Gas NOW Picks of the Week – June 16, 2018

Tom.jpg?resize=75%2C95Tom Shepstone
Shepstone Management Company, Inc.

Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added.

It’s Time to ReThink “ReThink Energy NJ”

If raising one donation a day is too hard and you’ve raised just $18 per day for a GoFundMe campaign “to stop PennEast pipeline” maybe it’s time to rethink your “Rethink Energy NJ” campaign? Most people would say so.

The New Jersey Conservation Foundation, which rolls in money and highlights its relationship with the Rockefeller family, in an apparent effort to appease its big-money special interest funders, has ventured into the world of politics. The Foundation has initiated a “Rethink Energy NJ” program supposedly intended for renewables education but, instead, lobbies against the PennEast Pipeline with flamingly outrageous demagoguery such as this:

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They’re also attempting to raise money from commoners to finance this trashy lobbying, using GoFundMe page that has been up 114 days now and has raised 43 donations totaling $2,076, an average of only $18 per day, or about the same as the typical breakfast check at IHOP. Now, that puts it in perspective, doesn’t it? Rethink Energy NJ can’t even get more than one Jersey guy a day to give up breakfast to campaign against the PennEast. There are millions of Jersey guys and others who would have saved $1.32 billion the last few winters if the PennEast had been in place. A lot of them apparently appreciate that fact. Maybe its time to rethink “Rethink Energy NJ.”

Propeller Head and Friends Promote 100% Renewables in Harrisburg

There was a small rally in Harrisburg the other day. It was by the phony picture specialists at PennEnvironment and called for “a new vision for the Commonwealth powered by 100% renewable energy.” Contrary to their claims of a “massive” protest, it was nothing special, as this photo illustrates, with perhaps 100 folks but one Waldo:

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Where’s Waldo? (Hint: halfway up steps on right)

And, here he is:

IMG_0198-e1529147555832-384x512.jpegNotice, too, all the plastic signage (including a puzzling and perhaps recycled “China Win” poster held by one apparently serial protester), the plastic clothing and the plastic eyeglass frames, all of this taking place in a Pennsylvania Capitol Complex directly and indirectly heated with oil and gas. There are none so airheaded as those who refuse to think or deal in facts.

Surpise (Well, Not Really): Tesla’s Solar Business Is in Trouble

Speaking of being blinded, here’s the latest update on Governor Corruptocrat’s bad dream come true:

Investors were caught off guard this week when Elon Musk announced Tesla (NASDAQ:TSLAwas cutting 9% of its workforce in a move dubbed as a “companywide restructuring.” What hasn’t received as much attention is that this looks like another move to slowly shut down Tesla’s solar business.

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Tesla has been shutting down its solar business since acquiring SolarCity for $2.6 billion in late 2016, and this could accelerate the former industry leader’s demise. Installations, which peaked at 253 megawatts (MW) in the fourth quarter of 2015, fell to just 76 MW in the first quarter of 2018 and show no signs of recovering. Tesla may be using its layoff announcement to shrink the solar business further, which may have long-term consequences for the broader company…

As part of the announcement, Musk also said a deal with Home Depot would be discontinued only four months after it was launched. which will undoubtedly lead to reduced solar installations. Sales efforts will be moved to Tesla’s retail showrooms, leveraging existing staff there, but showrooms haven’t proven to be a good place to sell solar. Again, it looks like solar will be de-emphasized after this week’s announcement.

Well, he certainly can’t say we didn’t tell him, can he? He shouldn’t have needed us to tell him, though. His first clue should have been when the SolarCity asked for a “Get Out of Jail Free Card,” don’t think you think?

What a joke. When will naive idolizers of the big pasty-faced guy with all those wild plans realize he’s a huckster?

The post Natural Gas NOW Picks of the Week – June 16, 2018 appeared first on Natural Gas Now.

https://www.shaledirectories.com/blog/natural-gas-now-picks-of-the-week-june-16-2018/

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