Permanent Tax Subsidy? Solar’s 15 extensions

By Robert Bradley Jr. -- June 4, 2024 No Comments

“But nothing is so permanent as a temporary government program.” (Milton and Rose Friedman, Tyranny of the Status Quo, 1983, p. 115)

“The infant industry argument is a smoke screen. The so-called infants never grow up.” (Milton and Rose Friedman, Free to Choose, 1979, p. 49)

What was said in a previous post regarding wind power’s 14 extensions of the Production Tax Credit also applies to solar power’s Investment Tax Credit (ITC) and its preceding tax favors. From 1978 to the present (46 years), 15 extensions belie the industry’s age-old claims of almost being competitive. Remember the New York Times’ declaration in 1994 (per Enron) that solar was “competitive” with fossil fuels? Remember Solyndra? Joe Romm in 2011: “It is clear that solar and wind are competitive in many situations right now.”…

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Permanent Subsidy? Industrial Wind’s PTC (14 Extensions)

By Robert Bradley Jr. -- May 2, 2024 2 Comments

“But nothing is so permanent as a temporary government program,” Milton and Rose Friedman wrote in their 1983 primer, Tyranny of the Status Quo. And regarding government help for a developing business? “The infant industry argument is a smoke screen,” the husband-and-wife team observed. “The so-called infants never grow up.”

Industrial wind power is certainly not an infant industry, having been demonstrated as grid electricity in the nineteenth century and again during World War II. [1] But it is dilute and intermittent, fatal qualities as against fossil-fuel generated electricity.

And so although the wind interests have claimed competitiveness (actual or impending) since the 1980s, and received a lifeline subsidy in 1992 (below), the U.S. industrial wind industry is as dependent on government largesse as ever.…

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AI & Data Center Load Growth: On-Site Generation, Not Government Planning

By Mark Krebs and Tom Tanton -- April 17, 2024 3 Comments

“Wind and solar pose inherent problems; especially to the ultra-high electric energy ‘purity’ requirements of AI/data centers. Data centers and AI generally require nine-nines reliability and quality metrics such as voltage, frequency, harmonics, etc.”

Several recent articles have highlighted that artificial intelligence (AI) and data centers are increasing electricity usage, creating concern about adequate supply and its effect on local communities. These articles include:

The nation’s 2,700 data centers sapped more than 4 percent of the country’s total electricity in 2022, according to the International Energy Agency. Its projections show that by 2026, they will consume 6 percent.

While the hyperscalers typically need 10-14kW per rack in existing data centers, this is likely to rise to 40-60kW for AI-ready racks equipped with resource-hungry GPUs.

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Alaska’s Bad Energy Bill of the Week – Carbon Storage (HB 50/SB 49)

By -- April 16, 2024 2 Comments

Ed. Note: Yesterday, ten amendments limiting HB 50 – Carbon Storage were defeated in the Alaska legislature, indicating a path to passage. See the comment section for more information.

“To summarize, Alaska’s Carbon Storage bill ranks among the worst of the worst. When was the last time you as an Alaskan were asked if you wanted to participate in a carbon reduction strategy at all, especially considering our limited footprint on the global scale?”

Governor Mike Dunleavy’s “Carbon Management and Monetization Bill Package” is double trouble for Alaska. HB 50/SB 49 – Carbon Storage, introduced by Dunleavy at the beginning of the 33rd session (2023–2024), is coupled with a carbon offset bill, HB 49/SB 48. “The package consists of two pieces of legislation focusing on a carbon offset program; and carbon capture, utilization, and storage (CCUS) program”

The carbon offset legislation (“tree bill”) passed last session despite unanimous public testimony in opposition. The…

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Houston’s Robust Fossil Future (Chronicle’s CERAWeek op-ed misdirects)

By -- March 25, 2024 No Comments Continue Reading

Wind power output in Texas is trending down even as wind generation capacity increases

By Ed Ireland -- February 16, 2024 No Comments Continue Reading

Is Nuclear “Safe’? Let Price-Anderson Expire in 2025

By Robert Bradley Jr. -- February 6, 2024 7 Comments Continue Reading

Alaska ‘Green New Deal’ Lurks (RPS danger)

By -- January 31, 2024 No Comments Continue Reading

“Green” Weaponization in Missouri: Ameren vs. Ratepayers, Taxpayers

By -- January 11, 2024 3 Comments Continue Reading

“Wartime” Climate Policy vs. Natural Gas: Biden Gets Desperate

By -- November 27, 2023 No Comments Continue Reading