“Though big businesses and local governments–especially those that want to build more solar and wind farms–will spend millions on lobbyists to overcome opposition to their handouts, those in charge of Texas’ purse strings may decide that this is the time to draw them a little tighter.”
Wind has dominated Texas’ renewable energy landscape for the last 20 years. However, solar is making a concerted effort to catch up. Utility-scale solar capacity almost doubled in 2020, topping 8,000 gigawatt hours.
Texas, which already leads the nation in wind capacity, is moving up the ranks of U.S. states in terms in solar capacity. According to the Solar Energy Industries Association, Texas ranked third in 2019, with enough generation installed on solar farms to power 642,199 homes (abstracting from solar’s intermittency).
Favorable press releases are one thing.…
Continue ReadingThe mainstream energy intelligentsia (MEI) has had it wrong for many decades. Today, it is climate change and the inevitable transition away from fossil fuels (really dense mineral energies). A half century ago (1971 would begin the problems with natural gas shortages and Nixon’s price control order that included petroleum), it was the same under a different rationale.
… Continue Reading“Ford called for zero oil imports by 1985. Instead, we imported five million barrels a day then. In 2006, imports will average almost 14 million barrels a day. Had we achieved everything Ford proposed, the price of oil today would be $20 a barrel, not $60, the polar ice caps might not be melting, the polar bear might still have a chance, and our children would have a future.”
– Dr. Phillip Verleger (2007).
“But much of the great advances in economic science during the 1960s-1990s was blowing up the mythology of market failure and the idea of government as a corrective.” (Peter Boettke, May 9, 2019)
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