A Free-Market Energy Blog

Competitive Solar? A Perennial Deceit (Enron/NYT in 1994)

By Robert Bradley Jr. -- July 1, 2025

Ed Note: The solar industry is in “a fight for our lives,” in the words of the head of the Solar Energy Industries Association. (Fifteen extensions of the Investment Tax Credit are not enough.) But the narrative has long been that solar is “competitive,” or almost so. The news story posted below, from 1994, is part of this false narrative.

“Federal officials, aware that solar power breakthroughs have shined and faded almost as often as the sun, say the Enron project could introduce commercially competitive technology without expensive Government aid.” (- Allen Myerson, New York Times, November 15, 1994)

Thirty-one years ago, the ‘newspaper of record’ excitedly reported atop the business section that a breakthrough with solar energy had occurred with the business genius of the upstart energy company Enron.…

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Solar Tax Credits: 1978–2025 (never enough)

By Robert Bradley Jr. -- June 30, 2025

Aaron Nichols on LinkedIn provided a history of federal solar tax subsidies, beginning with Jimmy Carter. His point was to show that the numerous extensions (15 by my count) were bipartisan. My point, instead, is that on-grid solar is inherently noncompetitive against free market energies. [Note: AN blocked me]

Solar tax credits were not “created by the Inflation Reduction Act” or “invented by the Biden Administration,” Nichols begins. He continues:

The first solar energy incentives were created in 1978 by Jimmy Carter’s Administration. They’ve even enjoyed bipartisan support and been renewed by Republican administrations! Here’s a high-level history of solar tax credits:

1978: The Energy Tax Act of 1978 set the first federal solar ITC at 10% of project costs. ​Congress extended and modified this credit through the early 1980s, eventually making a 10% solar ITC permanent in 1992​.…

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Thomas R. DeGregori: Last Knight of Institutionalist Resourceship (two tributes)

By Administrator -- June 27, 2025

In Memoriam, Thomas Roger DeGregori (1935–2025)

Pierre Desrochers

Tom DeGregori, professor emeritus of economics at the University of Houston whose work has been discussed on a few occasions on this blog, passed away a few days ago. Thousands of people knew him better than me (we only met twice), but he became an occasional correspondent nearly three decades ago after I had serendipitously come across his work on technological change on the bookshelves of the Université de Montréal while researching my doctoral dissertation.

I was hooked and tried to get my hands on anything he had published in defense of human creativity and material progress, including modern agriculture. At first my readings were limited to his articles in the Journal of Economic Issues and other academic outlets then available at my alma mater.…

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Climate Exchange with Jean Boissinot: For the Record

By Robert Bradley Jr. -- June 26, 2025
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IRA Cronies: American Clean Power Association, et al.

By Robert Bradley Jr. -- June 25, 2025
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Heartland UK/Europe: More Progress! (DeSmog confirms again)

By Robert Bradley Jr. -- June 24, 2025
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Energy & Environmental Review: June 23, 2025

By -- June 23, 2025
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Turning 70: Some Public Policy Notes

By Robert Bradley Jr. -- June 20, 2025
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Climate Disobedience Waning?

By Robert Bradley Jr. -- June 19, 2025
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“The Freedom to Buy Inefficient Products”: A Rebuttal

By -- June 18, 2025
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