A Free-Market Energy Blog


Posts from August 2009

Response to ‘Peak Oil’ Critics (the hydrocarbon age is still young: plan accordingly)

By <a class="post-author" href="/about#m_lynch">Michael Lynch</a> -- August 31, 2009

[Editor note: Mr. Lynch’s op-ed in the New York Times last week stirred a good deal of  comment and disagreement from “peak oil” proponents. His response is here]

The publication of my op-ed on peak oil in the New York Times brought forth the usual tidal wave of criticism. The Oil Drum went so far as to put up a separate page for comments, and Joseph Romm issued a ‘challenge’ to me to wager on oil prices. (For an executed bet coming due next year, see the appendix below.)

Responding to each and every comment, or even the main ones, would be a Herculean (and Sisyphean) task, so I will (here) make some hopefully useful observations.

First, I apologize to Fatih Birol for lumping him in with the peak oil advocates.…

Houston’s Energy Citizens Rally (and why silence from Chronicle editorial board?)

By Robert Bradley Jr. -- August 29, 2009

I have lamented how the editorial board of my hometown Houston Chronicle long ago took a hard left position on the “problem” and “solution” of anthropogenic global climate change. Not even the U.S. House of Representatives’s Waxman-Markey climate bill–labeled a “monstrosity” and “less than worthless” by NASA scientist and Al Gore mentor James Hansen, and “out of control” by UN Foundation head Tim Wirth–has loosened the grip of climate alarmism and policy activism at the Chronicle despite an opposite view by the paper’s popular business editorialist Loren Steffy.

Last week, an estimated 3,500 Houstonians, the large majority working for oil and gas companies, gathered at the Verizon Theater downtown to protest Waxman-Markey’s carbon-dioxide cap (cap-and-trade, correctly identified by Tim Wirth as a carbon tax).…

The Waxman-Markey Gravy Train (Part II): Specific Winners in the Electric Industry

By Robert Peltier -- August 28, 2009

“No, I have to do this my way. You tell me what you know, and I’ll confirm. I’ll keep you in the right direction if I can, but that’s all. Just… follow the money.”

– Deep Throat to Bob Woodward, All The President’s Men (1976).

Yesterday’s post at MasterResource presented seven areas where the American Clean Energy and Security Act of 2009 (H.R. 2454, aka Waxman-Markey) bribed segments of the electric utility industry into support. So it should come as no surprise that there are specific companies and technologies that are well positioned to gain quick, big bucks by its legislative requirements should climate legislation become law  in its current form.

I have discussed carbon legislation with many of these companies that publicly declare their concern about anthropogenic climate change yet privately see this as the greatest money-making opportunity of their lifetimes.…

Waxman–Markey’s Gravy Train: Why the Electric Industry Got on Board (Getting favors, adding pages to H.R. 2454)

By Robert Peltier -- August 27, 2009

Climate Sensitivity Estimates: Heading Down, Way Down? (Richard Lindzen’s New Paper)

By Chip Knappenberger -- August 26, 2009

More Deceit from Climate Progress, Center for American Progress (Is Joe Romm shooting himself in the foot?)

By Robert Bradley Jr. -- August 25, 2009

Texas Wind Power: Reality vs. Hype (despite burdensome state mandate, only a 1.2% share projected for 2014)

By Robert Bryce -- August 24, 2009

Two Energy Futures

By Robert Bradley Jr. -- August 22, 2009

ObamaCare to ObamaEnergy: Questioning ‘Telephone-Book-Sized Legislation’

By Robert Bradley Jr. -- August 21, 2009

Cap-and-Trade Creators Dubious of Waxman-Markey (SO2 vs. CO2; political failure vs. ‘market failure’)

By Robert Murphy -- August 20, 2009