“Cap-and-Trade” Is Dead–Will the “Federal Renewables Mandate” Be Next? (An “environmental tea party” may be brewing against industrial windpower)

Temperature trends, Climategate, Copenhagen, IPCC falsification, and now the Massachusetts Revolution–cap-and-trade is dead, the political pundits say. So much for the  inevitability argument that I heard from my colleagues during the Enron years (“come on Rob, get out in front of it and shape it!”), as well as the science-is-settled that had been the Word.

But what about a scaled back energy/climate bill with the key provision of a federal renewables mandate? Has the ‘Massachusetts Revolution’ killed that too?

We will soon find out. But one thing can be certain: Americans from coast-to-coast and border-to-border are going to look more closely at wind power, and I do not believe they are going to like what they see. (Enron, anyone?) Witness the growing complaints from the grass roots–including in-the-trenches real environmentalists–that industrial wind is intrusive, costly, and unreliable.…

Remembering When Enron Saved the U.S. Wind Industry (January 1997)

January 7, 1997, some 13 years ago, was one of the worst days in my 16-year career at Enron. Enron had already entered into the solar business (1994) in partnership with Amoco (Solarex), and the U.S. wind industry was on its back. Zond Corporation was struggling, and rival Kenetech had recently suspended its dividend and was on the way to  bankruptcy. Enron bought Zond on this day and renamed it Enron Wind Company.

Enron Wind would never turn a profit, and it would be sold in May 2002 by the bankrupt parent to GE. (GE and Enron would have other ominous parallels.)

Enron came in at just the right time for a troubled, undeserving industry by

1. Putting a big-name corporation in the U.S. wind industry for the first time;
2. Issuing countless press releases on ‘wonderful’ green wind for the next several years; and
3. Successfully lobbying Texas politicians to enact the most strict renewable mandate in the country in 1999.

‘The People vs. Cap-and-Tax’: James Hansen and the Left’s Civil War on Climate Policy

“Washington appears intent on choosing a [cap-and-trade] path defined by corporate greed. Unless the public gets engaged, the present Administration may jam down the public’s throat just such an approach, which, it can be shown, is not a solution at all.”

“Cap-and-trade’s complexity provides a breeding ground for special interests…. [T]ry reading the Waxman-Markey 2,000-page bill to figure out who would get the money! Why do those special interests deserve it anyhow?”

– James Hansen, “The People vs. Cap-and-Tax,” paper delivered to the Chairperson of the Carbon Trading Summit, New York City, January 12, 2010.

James Hansen is losing patience. He is upset at the Obama Administration and its advisors, such as John Holdren (read his futile letters). Hansen is mad at the New York Times; after all, he got suckered by their editors and by Paul Krugman regarding his pre-Copenhagen opinion-page editorial.…

Houston’s Climate Debate (Hundreds respond to Neil Frank’s Op-Ed, ‘Climategate: You Should Be Steamed’)

Climategate: Here Comes Courage! (Is climate catastrophism losing its ‘politically correct’ grip?)

Julian Simon on the Ultimate Resource (Forget Peak Oil, Worry About Peak Government)

Dear John Holdren: Where is our “Indispensable,” “Reliable,” “Affordable” Energy?

Classical Energy Thinking: Right on Renewables (intermittency), Not-so-Right on Fossil Fuels (coming exhaustion)

Industrial Wind Power: An Old, Tried Failure (the intermittency curse then and now)

WSJ’s “Heard on the Street”: Political Energy Down, Market Energy Up Post-Copenhagen (Remembering the risks of Enron’s political capitalism model)