When government tries to pick losers and winners, it typically picks losers. Why? Because in a free market, consumers pick winners to leave the losers for government.
The U.S. energy market is rich with examples. In the 1970s, synthetic fuel projects that went bust, and the Synthetics Fuel Corporation was terminated with much of its funds still unspent. In the same period, the California Energy Commission decided (see p.24) that methanol-powered (M-85) vehicles were the transportation future for their state. But advances in reformulated gasoline and onboard vehicle technology removed the benefits of converting natural gas, wood products, and coal into this transportation fuel. The methanol fad quietly went away.
EV Largesse: $2.2 billion
It seems like only yesterday that electric vehicles (EVs) were a pillar of Obama’s government-knows-best transportation strategy.…
Continue ReadingThis post is part of a five-part series on the adverse consequences of imposing industrial-scale wind plants on electricity systems. The series shows that there is no valid reason to pursue the policy of implementing new renewable energy sources in electricity generation, especially wind.
This post provides more information on the subsidies and emissions considerations for the scenarios summarized in Part I. Parts II and III dealt with cost implications. Part V this Thursday will focus on a number of other issues providing a complete picture of wind’s undesirability and unfeasibility in all respects.
Part I also provides links to the rest of the series.
Subsidies
Because subsidy issues are often raised, comparing those for wind and other generation plants, it is appropriate to show their effect on a MWh basis, regardless of the absolute amounts.…
Continue Reading“Today’s temperature ‘extremes’ are simply yesterday’s extremes warmed up a bit, partly from the heat-island effect. But they are not new events…. Hansen’s push on weather extremes is another case where the level of alarm is disproportionate to the level of impact.”
Today’s temperature “extremes” are simply yesterday’s extremes warmed up a bit, partly from the heat-island effect. But they are not new events where none existed prior.
This distinction is neither subtle nor unimportant. When it comes to temperatures, yesterday’s extremes warmed up offer less of a surprise (and hence a greater ease of adaptability) than if a new crop of extreme events suddenly sprung up out of nowhere to catch us unprepared.
But such a distinction is not made prominently evident in the latest work by NASA’s James Hansen—and even less so in the accompanying media coverage (including that instigated by Hansen himself).…
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