Topic Assignment 9

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Jan 9, 2024

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Topic Assignment 9: Climate Change Skeptics Question 1: Is the website convincing? Answer 1: The website in all three articles presents arguments in a convincing manner. Each article is structured with clear viewpoints, supported by data, and aims to persuade readers about specific issues related to climate change, government loans, and electric vehicle sales. Question 2: Do you see outward motivations? Answer 2: In each article, there are discernible motivations. The first article is motivated to challenge John Kerry's stance on fossil fuels, the second aims to expose alleged lapses in due diligence by the Department of Energy's Loan Programs Office, and the third seeks to highlight the impact of subsidy changes on electric vehicle sales in Germany. Question 3: Do they cite sources? Answer 3: Yes, all three articles cite sources to bolster their arguments. References to data from the Global Carbon Project, China's National Development and Reform Commission, the Daily Caller News Foundation, The Wall Street Journal, KBA federal transport authority, and insights from EY analyst Constantin Gall are provided. Question 4: List two or three of the arguments they make: Answer 4:  U.S. emissions are on track to decline, mainly due to natural gas replacing coal.  Western emissions reductions might not significantly impact global emissions without China's cooperation.  The LPO committed to a loan for Li-Cycle while the company was allegedly involved in fraud. Question 5: Pick one argument and do a bit of research: Answer 5: Argument 1- Article 1 underscores a significant milestone in the United States' electricity landscape, as on August 28, 2023, natural gas met more than half of the country's electricity demand for the first time. This transformation is propelled by multiple factors, including a substantial drop in natural gas prices, the retirement of coal plants, diminished wind and hydropower output, and heightened cooling demand. Over the past two years, the share of natural gas in the power mix escalated from 40% to 45% during the summer months of July and August. Concurrently, coal-fired generation witnessed a decline from 48.5% to 39.8% in the same period, indicative of a noteworthy shift in the energy landscape. The decrease in natural gas prices by 60% through Q1-3 2023 at Henry Hub, along with robust domestic gas production and above-average storage levels, has triggered a substantial switch from coal to gas-fired generation, particularly in regions with competitive wholesale markets. Moreover, the article provides insights into the economic dynamics of coal-to-gas switching. Coal became more competitive in 2021 and 2022, notably in the Midwest (MISO) and Central (SPP)

regions, due to a surge in gas prices. However, the trend reversed in 2023 as natural gas prices fell, prompting a resurgence in gas-fired generation. The evidence also suggests that market type plays a pivotal role, with natural gas replacing coal at a faster rate in regions with liberalized markets compared to those with vertically integrated utilities. The data reveals that while coal output increased by 7% in regions with vertically integrated utilities during July and August 2023, it decreased by 15% in regions with liberalized markets. This nuanced understanding of market dynamics provides a comprehensive view of the ongoing transition in the U.S. power sector. https://climatechangedispatch.com/german-ev-sales-crash-and-burn-after-subsidies-dry-up/ https://www.iea.org/commentaries/natural-gas-is-now-stronger-than-ever-in-the-united-states- power-sector

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