“… our legislative leaders think that the answer to overcoming renewable subsidies is to give subsidies to everyone else.” (- Bill Peacock, below)
Subsidized wind and solar power–dilute, intermittent, and fragile–wounded the Texas grid (ERCOT, covering 90 percent of the state), resulting in the greatest blackout in the history of U.S. electricity in February 2021. With the tricked grid continuing to attract inferior energies, Texas politicians have tried to wrong a wrong into a right. Instead of halting the cancers in the system (wind, solar, and battery investments), the Republicans are now subsidizing new capacity from natural gas technologies as well as nuclear fission.
New nuclear plants are a real stretch, but Texas can lose a few billion taxpayer dollars, right? The bad news from Texas is that the legislature is planning to increase spending by $48 billion with only $6 billion going to property tax relief.…
“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).…
“Lisa Sachs repeated refusal to address intellectual diversity and the need for balanced debate on open climate questions speak for themselves. It is climate propaganda at Columbia U.”
Yesterday’s post focused on Lisa Sachs, Director of Columbia Climate School’s Masters in Climate Finance. What is the course, and what is missing from a scholarly viewpoint? First, the parent’s Mission Statement:
The Columbia Climate School’s mission is to further knowledge and educate leaders to achieve equitable and just solutions to the changing climate and related sustainability challenges.
…Education: The Columbia Climate School educates future climate leaders to address the urgent challenges facing our planet with graduate degree programs and offers other powerful learning opportunities for students, educators, and professionals.
Research: The Columbia Climate School nurtures and supports innovative research in the science, consequences, and human dimensions of climate change, including the methods of achieving a more sustainable and just world.