As we kick off winter 2021-2022, you’re probably anticipating a jump in your heating bill due to dropping temperatures. According to the National Oceanic and Atmospheric Administration (NOAA), it’s actually slated to be a warmer winter than usual, with above-average temperatures predicted across most of the U.S. due to LA Niña climate conditions – but you should still be prepared for higher than normal heating and electricity bills due to the rising cost of natural gas – and other fossil fuels – across the world. In this article, we’ll explain why natural gas prices are increasing, where the increases are most dramatic, and how you can protect yourself from the volatility of fossil fuel energy sources (spoiler alert: going solar will help!).
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Where does your electricity come from?
The electric grid brings power to every corner of the U.S., but the electricity flowing through the wires doesn’t come from the same sources everywhere. Depending on where you live, the electricity that makes its way to your property comes from different mixes of generating capacity, from coal to natural gas to renewables like hydropower, solar, and wind.
Continue readingHow does cryptocurrency contribute to fossil fuel emissions?
In February 2021, Tesla announced that it had purchased $1.5 billion in Bitcoin and planned to accept the cryptocurrency as payment, causing the price of Bitcoin to soar to record high numbers. However, three months later, Elon Musk disrupted the cryptocurrency market when he tweeted, “Tesla has suspended vehicle purchases using Bitcoin,” citing concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”
Overnight, the Bitcoin market dropped by almost 10 percent–so how founded are these environmental concerns in cryptocurrency mining, and could cryptocurrency have a clean energy future?
Continue readingSolar news: September 4th, 2020
In this week’s Solar News Roundup, solar and wind won big in 2019, and developers announce plans to build two large solar projects on land formerly used for fossil fuels.
Continue readingSolar news: August 7th, 2020
In this week’s Solar News Roundup, Community Energy enters an agreement to build a 50 megawatt (MW) solar project for a municipality in Kentucky, and BP announces plans to cut its oil and gas output by 40 percent by 2030.
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