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Posts from June 2017

Wind News Update: The Failure of RGGI, Ohio Safety First (June 29, 2017)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- June 29, 2017

“RGGI proponents want us to believe that the program is delivering on a global environmental promise, but the reality is the nine-state cap and trade system is a colossal failure of resource allocation that should be repealed to leave more efficient market forces.”

“During the Ohio debate, safety repeatedly took a backseat to economic opportunity. However, the problem for the wind industry is that safety is increasingly an issue as the incidence of turbine failure appears to be accelerating.”

[Editor Note: A new feature at MasterResource will periodically review important wind-related news in the US and around the world. For proponents of fuel-neutral, let-the-market-decide energy policy, as well as those opposing industrial wind turbines for environmental reasons, the news is increasingly positive. It should be highlighted and shared to motivate grassroots energy activists.

China’s EV Problem: Battery Depletion

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

“Analysts are saying that China’s EV market is highly dependent on government policies and subsidies. That was supported by Nielsen, a market research company, who said that among potential EV buyers, the highest motivating factor is the free license plates the government hands out, followed by the state subsidies. They pointed out that without the government subsidy, an ordinary EV would be just as costly as a luxury vehicle.”

“‘Buyers are basically paying for a power battery, as the battery in an electric car is so expensive that it makes up about half of the production cost.’ The problem this creates is the rapid deterioration in the used-car value of EVs as their batteries wear out. Mr. Zhang stated, ‘The electric car value diminishes much more speedily than a gasoline car after years of use, since the battery will be exhausted’.”

The assumption that the world’s transportation system will transition from fossil fuels to electricity underlies all the forecasts of the imminent demise of the crude oil industry.

Norway Wrestles with Costly EV Subsidies (world leader at a crossroads)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- June 27, 2017

“What happened in Denmark was similar to the experience in Georgia, where the state’s legislature voted to end its nation-high EV incentive program of $5,000 per vehicle, and to add a tax to EVs to account for road wear and tear. After the incentive was eliminated effective July 1, 2015, car dealers couldn’t give EVs away.”

“It appears from all the EV data we have examined worldwide that no country has crossed that gap from early movers/EV advocates to mass market appeal. It is all about battery costs, range anxiety, and subsidies. Until there are  significant technological breakthroughs, government subsidies cannot be abandoned.”

Norway is approaching its next election on September 11, 2017, when the 169 members of the legislative body, the Storting, will be chosen for new four-year terms. One of the issues at play in the election campaign is the cost of the country’s generous electric vehicle (EV) subsidy program, which has been a central tenet of the government’s efforts to shift its transportation sector from fossil fuels to electricity.

‘Greenhouse Policy without Regrets’ (Adler’s 2000 analysis still rings true today)

By Robert Bradley Jr. -- June 26, 2017

AWEA Transmission Study: The Rest of the Story

By Robert Bradley Jr. -- June 22, 2017

Why We Fight (Part II: “A Free-Market Energy Vision”)

By <a class="post-author" href="/about#btruth">Robert L. Bradley, Jr. </a> -- June 21, 2017

Why We Fight (Part I: AEA Is “Big Liberty,” Not “Big Oil”)

By <a class="post-author" href="/about#btruth">Robert L. Bradley, Jr. </a> -- June 20, 2017

Wind News Update: Catastrophic Failures Jump, Maryland Gets Serious (June 19, 2017)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- June 19, 2017

Utility Regulation: The Rate Case (opportunities to game)

By Jim Clarkson -- June 16, 2017

Bad Entrepreneurship (Harvard Business Review article on ‘rent-seeking’)

By Robert Bradley Jr. -- June 15, 2017