“We love energy with conviction, while they hate it with confusion.”
– Alex Epstein
On Sunday, February 17th, 350.org and the Sierra Club hosted the “Forward on Climate” rally on the National Mall in Washington D.C. It was billed as the “largest climate rally in history.” Just like the anti–Keystone XL rally in 2011, protesters pushed the Obama administration to continue to block the Keystone XL pipeline, which would bring crude oil from Alberta, Canada, to U.S. refineries.
But unlike the 2011 rally, Sunday’s protesters were challenged by Alex Epstein and his Light Brigade, an “educational counter-protest” whose members wore bright yellow t-shirts and shared their sincere appreciation for life-giving energy. I am proud to say I was part of that group.
Alex et al.…
Continue Reading“The diversification of our food supply sources via cost-effective and large-scale, long-distance transportation is one of the great unappreciated wonders of our age…. [T]he best way to improve the security of humanity’s food supply is to press forward with specialized large-scale production in the world’s most suitable locations, backed up with ever more scientific research and greater reliance on (for the foreseeable future), carbon fuel-powered long-distance trade.”
In a speech delivered in 1875, the Australian entrepreneur Thomas Sutcliffe Mort observed that the advent of the railroad, the steamship, and artificial refrigeration had paved the way to a new age where the
[Update: Germany Stops Fighting Arithmetic and Ramps Up Construction of Economically Sensible Power Generation]
Two years ago we looked at the claim that wind generation can save money for power pool customers. We found that the supposed savings could be realized only if the elephant in the room – the above-market feed-in tariffs – were ignored.
In other words, the total amount spent on electricity purchases from a power pool was augmented by the additional amounts consumers pay to fund the feed-in-tariff (FIT). As long as wind generators can bid a low price but receive the higher FIT, then they have an incentive to underbid, thereby reducing pool prices, but not overall costs.
In addition, we looked at what an economically least cost system might look like in Germany over the next ten years. …
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