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Posts from February 2017

US Offshore Wind: Tax Machines Offset Bad Economics

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- February 28, 2017

“While the ITC option eliminates the uncertainty of performance, it is also consistent with the view of Warren Buffett, considered one of the outstanding investors of all-time. He has said, ‘[O]n wind energy, we get a tax credit if we build a lot of wind farms.  That’s the only reason to build them. They don’t make sense without the tax credit.’”

“Responding to his critics about the economics of Deepwater Wind, CEO Jeffrey Grybowski said: ‘We’re building clean energy for the next generation here. And I think there are always small-minded opponents who like to find conspiracies.’ But I doubt most Rhode Islanders consider themselves either ‘small-minded’ or conspiracy-theorists.”

America’s renewable energy industry recently opened a new chapter with the official startup of the Block Island Wind Farm located 3.8 miles off the coast of Block Island in Rhode Island state waters.

Energy & Environmental Newsletter: February 27, 2017

By <a class="post-author" href="/about#john-droz">John Droz, Jr.</a> -- February 27, 2017

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).

A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.

Some of the more important articles in this issue are:

Is Global Warming Just a Fraud?

Many meteorologists question climate change science

Climate Orthodoxy — The Limits of Professional Judgment

Major Study about the limitations of climate models

Study: A Host of Problems Associated with CMIP3 and 5 Climate Models

Cabinet Science-Denial or Scientific Skepticism?

A Great Free Market Moment: ‘Presidential Executive Order on Enforcing the Regulatory Reform Agenda’ (February 24, 2017)

By Robert Bradley Jr. -- February 25, 2017

“At a minimum, each Regulatory Reform Task Force shall attempt to identify regulations that (i) eliminate jobs, or inhibit job creation; (ii) are outdated, unnecessary, or ineffective; (iii) impose costs that exceed benefits; (iv) create a serious inconsistency or otherwise interfere with regulatory reform initiatives and policies; ….”

The just-signed Executive Order, “ENFORCING THE REGULATORY REFORM AGENDA” (February 24, 2017), is a great free market moment, one rivaling Ronald Reagan’s EO dated January 28, 1981, that began: “I am ordering, effective immediately, the elimination of remaining Federal controls on U.S. oil production and marketing.” Reagan explained:

For more than 9 years, restrictive price controls have held U.S. oil production below its potential, artificially boosted energy consumption, aggravated our balance of payments problems, and stifled technological breakthroughs. Price controls have also made us more energy-dependent on the OPEC nations, a development that has jeopardized our economic security and undermined price stability at home.

DOE: Breaking the Federal Arm of the Wind Industry (Part IV)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- February 23, 2017

What If the World Enters a New Global Cooling Period? (while EPA fights against wood stoves in Alaska)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- February 22, 2017

The New ‘Mental Health’ Standard: Can We Apply It to Neo-Malthusians? (Romm, Hansen, Ehrlich, etc.)

By Robert Bradley Jr. -- February 21, 2017

Nuclear’s Latest: Project, Company, Consumer Troubles

By Kennedy Maize -- February 20, 2017

Big Wind: Threat to Air Navigation, Military Assets (Part III)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- February 16, 2017

Why Trump Should Not Fund an Oroville Dam Fix

By <a class="post-author" href="/about#w_lusvardi">Wayne Lusvardi</a> -- February 15, 2017

For Still-Poor China, Coal Pollution from Home Heating

By Greg Rehmke -- February 14, 2017