A Free-Market Energy Blog


Posts from November 2009

James Hansen on Cap-and-Trade & Copenhagen

By Robert Bradley Jr. -- November 30, 2009

“The fraudulence of the Copenhagen approach – ‘goals’ for emission reductions, ‘offsets’ that render even iron-clad goals almost meaningless, an ineffectual ‘cap-and-trade’ mechanism – must be exposed. We must rebel against such politics-as-usual.”

– James Hansen, “Never-Give-Up Fighting Spirit,” November 30, 2009

There is a civil war on the Left against cap-and-trade as the centerpiece of a U.S. climate bill. Among the leading critics is NASA scientist and Al Gore mentor James Hansen, who reiterated his opposition in Sunday’s The Observer with Copenhagen’s climate summit in mind:

“Cap and trade with offsets … is astoundingly ineffective. Global emissions rose rapidly in response to Kyoto, as expected, because fossil fuels remained the cheapest energy.

Cap and trade is an inefficient compromise, paying off numerous special interests. It must be replaced with an honest approach, raising the price of carbon emissions and leaving the dirtiest fossil fuels in the ground.”

A Death Spiral for Climate Alarmism, Redux?

By Kenneth P. Green -- November 27, 2009

Editor Note: In our ‘best of MasterResource’ weekend series, we are pleased to reprint the September 30th post by Ken Green in light of the stalemate of U.S. climate legislation for 2009. Obviously, the onset of Climategate will only reinforce a worst-case scenario for climate alarmism politics.

Desperation is setting in among climate alarmists who by their own math can see that the window is rapidly closing on “saving the planet.”

James Hansen, for instance, said three years ago in the New York Review of Books: “We have at most ten years—not ten years to decide upon action, but ten years to alter fundamentally the trajectory of global greenhouse emissions.” That was also Al Gore’s estimate in “An Inconvenient Truth.” But the time has been ticking away, and it’s increasingly obvious that the Gore/Hansen “wrenching transformation” of the U.S.…

The True Meaning of Thanksgiving: Private Enterprise in America

By Richard Ebeling -- November 26, 2009

[Editor’s Note: Richard Ebeling, a noted classical liberal scholar, teaches economics at Northwood University in Midland, Michigan. This post is reprinted with his permission from Northwood’s blogsite, In Defense of Capitalism & Human Progress.]

This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated is that Thanksgiving also is a celebration of the birth of free enterprise in America.

The English Puritans, who left Great Britain and sailed across the Atlantic on the Mayflower in 1620, were not only escaping from religious persecution in their homeland.…

Climate Politics: Running Scared in the EU (even before Climategate)

By Carlo Stagnaro -- November 25, 2009

Global Nuclear Plant Construction Moves Forward, Except in the U.S. (Politics and market conditions make it tough for a large-scale rival to carbon-based energy)

By Robert Peltier -- November 24, 2009

Simple Model Leaves Expensive Climate Models Cold

By J. Scott Armstrong and Kesten Green -- November 23, 2009

Dear Tom Friedman: Don’t Want You to Die Off … Just Get Well!

By Donald Hertzmark -- November 21, 2009

The Decline of Climate Alarmism (Will the Left rethink an increasingly futile crusade?)

By Robert Bradley Jr. -- November 20, 2009

High Capital Costs Plague Solar (RPS mandates, cost dilution via energy mixing required) Part III

By Robert Peltier -- November 19, 2009

Origins of the Gasoline Tax (Part II of “Political Capitalism: Understanding the Beast that Broke the Cage”)

By Robert Bradley Jr. -- November 18, 2009