President Donald Trump's Energy Policy
Donald Trump has been making headlines with his early pursuit of the United States Presidency. Real estate mogul and star of the hit reality TV show, “The Apprentice,” Trump is outspoken in his success, and has some pretty interesting ideas as far as United States energy security is concerned.
First of all, thought we were reaching an end to the occupation in Iraq? Not if President Trump is at the helm of the U.S. military. Trump believes, in no uncertain terms, that the $1.5 trillion spent “liberating” the people of Iraq from ruthless dictator Saddam Hussein entitles the U.S. to Iraqi oil (although the 100,000+ Iraqi civilian casualties may have some questioning whether the U.S. is a liberator, or responsible for the biggest war crime on the planet!). Trump plans to use military force to secure Iraqi oil fields and forcefully take Iraqi oil reserves.
In an interview with George Stephanopoulos, Trump explains, “We go into Iraq. We have spent thus far, $1.5 trillion. We could have rebuilt half of the United States. $1.5 trillion. And we’re going to then leave. So, in the old days, you know when you had a war, to the victor belong the spoils. You go in. You win the war and you take it.”
Stephanopoulos: “It would take hundreds of thousands of troops to secure the oil fields.”
Trump: “Excuse me. No, it wouldn’t at all.”
Stephanopoulos: “So, we steal an oil field.”
Trump: “Excuse me. You’re not stealing. Excuse me. You’re not stealing anything. You’re taking– we’re reimbursing ourselves– at least, at a minimum, and I say more. We’re taking back $1.5 trillion to reimburse ourselves.”
Trump also points the finger of blame for higher oil prices, not at speculators, but rather at OPEC nations. Trump claims that OPEC is directly responsible for setting oil price, and President Trump would move to forcibly provoke OPEC nations to lower prices (although he gives no clear outline as to how this will be done).
SEE OTHER TOP STORIES IN THE WDM CONTENT NETWORK
Renewable Geothermal Energy Pumps Up Heat’s Power Potential
Mining Safety: Bioleaching Bacteria Clean Toxic Mine Tailings
The Future of Batteries: A Distributed Approach to Energy Storage
Check out the latest issue of Energy Digital!
Streamlining Inspection of Upstream Oil & Gas Well Sites & Processing Facilities
Donald Trump also believes that domestic U.S. oil production should be boosted, but shows little sympathy for the long-term consequences of oil spills like BP’s Deepwater Horizon catastrophe in 2010. “I think it’s incredible that we’re going slow on drilling… It’s beyond anything I’ve ever seen. There’ll always be problems. You’re going to have an oil spill, but you clean it up, you fix it up, and it will be fine.”
There is, however, some glimmer of sanity to Trump's non-oil energy ideas. He explains in an interview on Fox News Insider that the United States is the “Saudi Arabia times one hundred of Natural Gas.” While natural gas certainly has its issues—namely gas shale fracturing polluting groundwater supplies—it is a viable solution to U.S. energy security, and developing natural gas infrastructure can accelerate more sustainable options like waste and algae-derived biogas.
When it comes to nuclear, “President” Trump would still actively pursue nuclear energy, despite the situation unfolding in Japan. Although he does stress the need to be “careful” in nuclear development, especially in earthquake prone areas like California, which is “certainly a ground-zero type site.”
So if you want to continue down the path of imperialism, vote for Trump in 2012! We’ll be sure to kill off plenty of young American troops in securing more cheap dirty fuel until it all runs out, all the while murdering countless innocent civilians abroad (but don’t worry, they’re not American, so they don’t matter right?). An all out oil war will arise between the U.S. and OPEC nations, and World War III will finally be realized. Or, you can vote for a sensible human being (not necessarily Obama mind you) whose sole concern isn’t the size of their pocketbook. Someone who will invest U.S. dollars and fuel reserves not into the war machine, but rather, into rebuilding U.S. infrastructure around sustainable, lasting principles. If the U.S. had spent the $1.5 trillion it did on the Iraq conflict on sustainable infrastructure development in the first place, we wouldn’t need to go occupying other countries. The U.S. can shine as a beacon of progress that the world can look up to, or revert to brutal tactics of international subversion, as has been the historic norm. Under a Trump presidency, expect the latter.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.