Biden will just order the grid not to fail!  Problem solved.

America’s Power Grid Could Buckle Under Sweltering Summer Heat, Watchdog Warns
 

NICK POPE
CONTRIBUTOR
May 15, 2024
 

Considerable portions of the U.S. are facing heightened risks of blackouts over the summer months, according to a new report by the North American Electric Reliability Corporation (NERC).

Most of New England, Texas, the Midwest and the Southwest face “elevated risk” of electricity shortages this summer if demand peaks at levels above normal, according to NERC’s 2024 summer reliability report. While the specific challenges that each region may face this summer differ, several large swaths of the country could have to respond to blackout conditions if solar and wind power fail to produce as much power as expected during periods of tight supply and more extreme summer weather.


“NERC’s latest reliability assessment shows that our electricity grid is becoming increasingly reliant on weather-dependent sources of electricity, leaving one-third of the country at elevated risk of blackouts this summer,” Michelle Bloodworth, CEO of America’s Power, a pro-coal advocacy group, said of the NERC report and its findings. (RELATED: Biden’s Climate Agenda May Jeopardize Grid Reliability, New Report Suggests)

https://dailycaller.com/2024/05/15/grid-watchdog-elevated-risk-summer-blackouts-nerc/

Economic damage from climate change six times worse than thought – report
A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

Oliver Milman
Fri 17 May 2024 10.00 EDT
 
The economic damage wrought by climate change is six times worse than previously thought, with global heating set to shrink wealth at a rate consistent with the level of financial losses of a continuing permanent war, research has found.

A 1C increase in global temperature leads to a 12% decline in world gross domestic product (GDP), the researchers found, a far higher estimate than that of previous analyses. The world has already warmed by more than 1C (1.8F) since pre-industrial times and many climate scientists predict a 3C (5.4F) rise will occur by the end of this century due to the ongoing burning of fossil fuels, a scenario that the new working paper, yet to be peer-reviewed, states will come with an enormous economic cost.

A 3C temperature increase will cause “precipitous declines in output, capital and consumption that exceed 50% by 2100” the paper states. This economic loss is so severe that it is “comparable to the economic damage caused by fighting a war domestically and permanently”, it adds.

https://www.theguardian.com/environment/article/2024/may/17/economic-damage-climate-change-report

Not another delayed program?!

 
Residents Send Warning Against California's $20 Minimum Wage
Story by • 10h
MARKETS TODAY

 
The price surge

As California pioneers the $20 minimum wage for fast food staff nationwide, the repercussions on eateries, employees, and customers will be closely monitored. With the implementation of California's minimum wage hike, some fast-food chains have already begun raising prices and reducing workforce.
 
https://www.msn.com/en-us/money/news/residents-send-warning-against-california-s-20-minimum-wage/ss-BB1mDEmp?ocid=widgetonlockscreen&cvid=d506c0c409ed4ede83694d5c374b1af5&ei=23#interstitial=1