Search Results for: "Enron, wind power"
Relevance | DateAlaska Energy Shenanigans: Eklutna Dam and the RPS (Part II: Political Highjack)
By Kassie Andrews -- January 10, 2025 No CommentsEd. Note: With yesterday’s background, Part II examines the politicization of one of Alaska’s major hydroelectric projects to reveal ulterior motives from “stakeholders” and elected officials.
“Once an RPS becomes law, the boards will be able to point to the new law in effect requiring them to adopt unreliable and expensive sources and be held harmless once things start to spiral out of control, up to and including rolling brownouts and blackouts.”
“Pumped energy storage is only necessary as a mitigating backup to the planned 100% unreliable not-so renewables. The Renewable Portfolio Standard will mandate a government-subsidized solar, wind and transmission build-out by grifters and profiteers. Wind and solar power producers should be made to pay for all infrastructure that makes them as reliable as a gas turbine.”
For environmental groups and their political carriers, the question is how to expand wind and solar power in the state, the very resources that are dilute, intermittent, fragile, expensive, and taxpayer-dependent.…
Continue ReadingEnron, NYT Declare Solar ‘Competitive’ (1994)
By Robert Bradley Jr. -- December 17, 2024 1 Comment“Federal officials, aware that solar power breakthroughs have shined and faded almost as often as the sun, say the Enron project could introduce commercially competitive technology without expensive Government aid.” (- Allen Myerson, Solar Power, for Earthly Prices, New York Times, November 15, 1994)
Thirty years ago, the ‘newspaper of record’ excitedly reported atop the business section that a breakthrough with solar energy had occurred with the business genius of the upstart energy company Enron. Formed in the mid-1980s, Enron had just entered into the solar business and was destined to revitalize–if not save–the U.S. wind industry just a few years later.
Good press continues to create an Enron-like illusion of the coming competitiveness and profitability of solar and wind energies for on-grid electricity. Basic energy physics explains why the sun’s (dilute, intermittent) flow cannot compete against the sun’s stored (dense) energy embedded in natural gas, coal, and oil.…
Continue Reading“THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!” (1997 Kyoto memo)
By Robert Bradley Jr. -- December 13, 2024 No CommentsThis week, a Hall of Shame business memo turns 27 years old. Dated December 12, 1997, it was written from Kyoto, Japan, by Enron lobbyist John Palmisano in the afterglow of the Kyoto Protocol agreement.
Global green planners were euphoric that, somehow, someway, the world had embarked on an irreversible course of climate control (and thus industrial and land-use control). But Kyoto predictably failed, and the Paris climate accord of 2015 teeters, with COP27’s recent failure making COP28’s prospects look grim.
Palmisano’s memo cites the benefits for first-mover ‘green’ Enron. Enron, in fact, had no less than six profit centers tied to pricing carbon dioxide (CO2)–and seven if CO2 were capped and traded. The story of Enron as the darling of Left environmentalists has been well told elsewhere.…
Continue ReadingHouston: Oil and Gas Capital (‘energy transition’ hyperbole falls flat)
By Robert Bradley Jr. -- August 8, 2024 1 Comment“City leaders should stop pretending Houston will, or should, transition away from oil and gas anytime soon…. Houston should embrace its role in sustaining and improving the lives of literally billions of people globally each day. It’s a legacy worth standing up for… and even celebrating.” (Doug Sheridan, below)
Hyperbole and government subsidies (bribes, to critics) is the lifeline for inferior energies (think dilute, intermittent, resource-intensive wind and solar). Such as been the case since the 1990s in Houston, Texas when Ken Lay of Enron Corp. empowered executive Robert Kelly to create a new renewables business, a story told here.
And shame-on-shame that some Houston business leaders that should know better have embraced low-density, political energies. I am thinking of Bobby Tutor, chair of the Houston Energy Transition Initiative, and Steve Kean of the Greater Houston Partnership.…
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