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“The Economic Fall and Political Rise of Renewable Energy”
By Robert Bradley Jr. -- November 15, 2018“The modern history of wind power and on-grid solar power can be summarized in four words: economically incorrect, politically correct. U.S. companies invested heavily in renewable energy technologies in the 1970s/80s only to suffer losses and, in most cases, to exit. Only massive taxpayer and consumer subsidies in the 1990s reversed these market verdicts, leading to today’s government dependence.”
Last week, the Texas Public Policy Foundation (TPPF) published my research paper, The Economic Fall and Political Rise of Renewable Energy. This study is drawn from chapter 13 of Enron Ascending: The Forgotten Years, 1984–1996, which reviewed Enron Corp.’s game-changing forays into solar power (1995), wind power (1997), as well as in other alternative energies.
Major Points
The Press Release made these five points:
- Renewable energy had almost a 100% market share throughout human history until it was replaced by more affordable and efficient mineral, carbon-based energies that powered the industrial revolution and vastly increased living standards.
A Great Trade Association Newsletter (KIOGA’s White takes the prize)
By Robert Bradley Jr. -- November 13, 2018“The March 16, 2018, edition of the Wichita Business Journal contained a list of the top 25 Lobbyists, ranked by their Total Money Spent in Kansas during 2017. I am happy to report that KIOGA did not make the list.”
“I am always amazed by the fact that the United States is virtually the only country on earth with private ownership of minerals. So pat yourself on the back if you are producing oil and natural gas, because you have helped send kids to college, helped pay for lifesaving medical treatments, paid off farm loans, and generally had a positive impact on thousands of lives in the State of Kansas.”
– Ken White, Chair, President, Kansas Independent Oil & Gas Association, KIOGA, May/June 2018, pp. 4–5.
Trade associations are part of the undesigned market order.…