Search Results for: "Rand, Ayn"
Relevance | DateTurning 70: Some Public Policy Notes
By Robert Bradley Jr. -- June 20, 2025 3 Comments“My aim is to finish projects to offer a comprehensive, reliable foundation for future energy scholars to expand and improve upon. Many specific episodes can be studied in greater depth, and future events will require analysis.”
This week is a birthday of note for me. Looking back at a half-century of interest in energy history and public policy, I thank my lucky stars and celebrate a worldview–classical liberalism–that has held up very well over time. It is not how smart you are; it is the ability to discern between a false narrative and objective reality. And with a reliable framework to understand the world, blue-collar research was the wide-open opportunity for me. I have never looked back.
My odyssey began with an Ayn Rand novel in high school on individualism. That got me to free-market economics in college.…
Continue ReadingCERA Misreport: Chris Tomlinson (Houston Chronicle) Goes Sarcastic
By Robert Bradley Jr. -- March 20, 2025 1 Comment“Tomlinson is angry and sarcastic. His worldview is losing intellectually, politically, and business-wise. Is it time for him to retire and happily live off his spouse’s (ill-gotten) renewable energy riches?”
The “existential crisis” climate narrative is in meltdown. Houston solar leader John Berger has resigned, his 12-year-old company (Sunnova) positioned for bankruptcy. Other solar and wind stocks are tanking, and offshore wind is out of play. Battery and EV firms are regular restructuring news.
Climate activists find themselves out of taxpayer monies. The U.S. Department of Energy, Department of Interior, and Environmental Protection Agency are implementing President Trump’s “none-of-government” climate policy, reversing Podesta-Biden-Harris climate alarmism and the budget-busting Inflation Reduction Act.
But there is one fossil-fuel-despising business editorialist who is wed to the Climate Industrial Complex, not to mention a multi-millionaire renewables executive (thanks to your tax money).…
Continue ReadingThe Great Texas Blackout Revisited: Market Failure Not
By Robert Bradley Jr. -- February 14, 2025 2 CommentsEd. Note: Four years ago, Storm Uri caused Texas’s centrally planned wholesale electricity market (ERCOT) to buckle, vindicating warnings about the state’s wind/solar reliance. The mainstream media implicated natural gas instead, failing to explore the why behind the why. Rather than deregulation, Texas has chosen to add wind, solar, and batteries, while subsidizing natural gas plants to counter intermittency. This duplicated grid is now driving rates up in a state that could have relied on surplus natural gas instead.
It was not so much the story of freak weather triggering a market failure writ large. It was a classic application of the political economy of government intervention: the seen and the unseen, expert/regulatory failure, and unintended consequences.
Don Lavoie, a preeminent thinker in the field of market-versus-government planning, once warned:
… Continue ReadingIf the guiding agency is less knowledgeable than the system it is trying to guide—and even worse, if its actions necessarily result in further undesired consequences in the working of that system—then what is going on is not planning at all but, rather, blind interference by some agents with the plans of others.”
Sunnova Going Solyndra? (Enron-ex John Berger owes taxpayers a bundle)
By Robert Bradley Jr. -- February 12, 2025 3 CommentsEd. Note: Just 15 months after receiving a $3.0 billion loan guarantee from the U.S. Department of Energy (Jigar Shaw), Sunnova stock price has cratered with the prospect of bankruptcy. Sunnova founder (and Enron-ex) John Berger’s battle cry–“solar is going to rip apart the energy business as we know it”– is an example of the philosophical fraud committed by political capitalists who are tipsy on taxpayer dollars.
UPDATE: Sunnova is bankrupt several times over. “The company has approximately $1.9 billion in debt that needs to be fully repaid by the end of 2028,” reported Houston Chronicle (02-20-2025). “That includes $975 million in debt due for payment in 2026. In comparison, Sunnova’s market capitalization, or the value of its total shares, is $251 million….” It is also in legal peril (see here).…
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