“Instead of the fear-baiting warnings that the U.S. is being outspent on renewables [by China], a better question might be: what are we getting for our money?”

– Loren Steffy, “Scrubbing the Data on Clean Energy Investment,” Houston Chronicle, March 27, 2010.

Loren Steffy is the most read and respected voice at the Houston Chronicle on business and related policy issues, the paper’s editorial board notwithstanding. And on energy, he smells a rat with the ‘clean energy’ mantra that comes on high.

Steffy has documented the role of Enron in the government-created Texas wind power boom. He deconstructed the all pain-no gain nature of the House-passed Waxman-Markey cap-and-trade bill before the rest of the country caught on. And most recently, he has called out the non sequitur of a new study, “Who’s Winning the Clean Energy Race,” recently released by the Pew Charitable Trusts via the Pew Environmental Group.…

The Houston Chronicle editorials have long been a bastion of climate alarmism and policy activism (see here and here), positions that must be so dear to the paper’s senior management (and owners?) that they have created badwill in the Houston community and no doubt a loss of readership.

One could call this courageous and a good thing if this position was well vetted and intellectually sound. A good paper should lead, not only follow, its audience.

But sadly, this is not the case. The case for regulating carbon dioxide (CO2) is quite questionable on purely physical scientific grounds (examine the empirical data; understand the debate over feedback effects regarding climate models). The balance of evidence is certainly not toward the high end of the Intergovernmental Panel on Climate Change (IPCC) temperature range, and it is, in fact, trending at the low end of this range with a decade of temperature quiet.…

“On the 11th anniversary of the BP blowout, the real takeaway is that oil companies that think they are ‘beyond petroleum’ are value destroyers for shareholders and for the environment.”

Every April commemorates BP’s Deepwater Horizon oil spill (April 10, 2010). To the anti-energy Left, Deepwater Horizon is the epitome of oil-gone-bad, coming some 21 years after the Exxon Valdez oil spill. It was not supposed to happen again, but ….

The sad facts of Deepwater Horizon will forever remain. The multiple failures behind the accident are also well documented. But a paradox remains. Mighty BP, captained by John Browne, the leading “environmentalist” of the petroleum industry created the corporate culture that resulted in lax safety and environmental protocols. By saving about $5 million out of $100+ million in drilling costs, the company ended up paying out in excess of $60 billion.…

“[Business columnist] Chris Tomlinson fails to mention fascist governance as another possibility whereby the means of production are ostensibly in private hands, but serve actively to implement government policy. Crony capitalism comes close to that model as larger corporations do a mating dance melding government funding with government policy, and shut out the less well funded and connected smaller commercial entities, while the hapless public gets taxed to fund the charade.”

Chris Tomlinson‘s columns in the Business section of the Houston Chronicle opine on broadly defined energy issues, especially those with a perceived impact on Houston. He is dismissive of the central role of mineral energies for today’s standard of living and refuses to question climate alarmism (the Dessler effect?). He sees government correction as automatic, as if there were not “government failure” in the quest to address “market failure.”…