• Effort to Expand California Green Power Mandate to 51% Fails
• Will California’s Green Energy Policies Fail Like Germany’s?
• Three Cities Oppose Gas Powered Plants to Replace San Onofre Nuke Plant
• Scientist Says No Reason to Shut Down San Onofre Nuclear Power Plant
• California Drought Means Less Hydropower and Higher Electricity Prices
Effort to Expand California Green Power Standard to 51% Fails
… Continue Reading“Amendments made yesterday to state Assembly Bill 177 clarify that the 33 percent by 2020 current Renewable Portfolio Standard (RPS) is intended to be a floor, not a ceiling, for energy procurement. It directs all retail sellers of electricity to adopt a long-term procurement strategy to achieve a target of procuring 51 percent of their electricity from renewable resources by Dec. 31, 2030.”
– State Senator V.
[Last night, President Obama did not deviate from his interventionist, centralist approach to governing America, including with energy policy. This post reverses the mindset to a speech with a free-market, classical-liberal President at the podium.]
“My fellow Americans, I come before you tonight to deliver my sixth State of the Union address at a time of continuing economic disappointment and social uncertainty across our great nation.
“I have spoken to you more than once about the country’s need for ‘hope and change.’ I have tried to begin that process over the first five years of my presidency. But I now realize that I had been looking in the wrong direction for that new and better America.
“Not long ago, while looking under my bed in the White House for the terrorists that the NSA assures me are everywhere and against whom they must surveillance each and every one of you to keep you safe, I found some books that must have been left there by former President Ronald Reagan.…
Continue Reading“President Obama wants to use the tax system to ‘spread the wealth’ and apply the regulatory powers of the government to more forcefully manage and direct the economic affairs of the citizenry – all for a particular interpretation of the ‘common good,’ of course.”
– Richard Ebeling, “Barack Obama and the Meaning of Socialism, December 23, 2013.
Barack Obama will give his 5th State of the Union Address tonight amid the crisis of interventionism (what Ludwig von Mises called the exhaustion of the reserve fund). Expect proposals for new federal programs and private-sector strong-arming. And expect another Malthusian call to action on ‘saving the planet.’
The federal debt is soaring. The economy remains mired in the Great Recession according to important indicators. ObamaCare is in deep trouble with more negative shocks ahead.…
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