A Free-Market Energy Blog

Windpower Consequences (Part I: Introduction and Summary)

By Kent Hawkins -- September 17, 2012

This post introduces a five-part series that summarizes some of the most important information about the present and future of industrial wind power in light of the growing backlash against the industry’s taxpayer dependence. Readers are invited to add anything that I have missed.

Continuing government support for windpower must confront two questions. First, why do so many people think that we have to revolutionize our energy systems right now to avoid the consequences of running out of fossil fuels (or suffering very high costs), climate change, or other possible challenges that we might face? Note the emphasis on “right now,” meaning starting now with substantial changes in energy system directions, especially electricity systems, involving massive implementation of grid-connected, industrial-scale wind and solar generation plants.

Second, what is required for wind-subsidy proponents to agree that forced energy transformation is not feasible?…

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Climate Alarmism: Our Sanity and Wallets Need a Break

By -- September 15, 2012

“Is there any more single-minded, simple pleasure than viewing with alarm? At times it is even better than sex.”

—Kenneth Boulding (1970), p. 160. [1]

Pick up any 40-year-old science textbook – on chemistry, biology, geology, physics, astronomy or medicine – and you’ll find a slew of “facts” and theories that have been proven wrong or are no longer the “consensus” view. Climatology is no exception.

Yesterday’s  Cooling Scare

Back in the 1970s, many scientists warned of global cooling – and fretted that a new ice age brought on by fossil fuel use would cause glaciers to expand, wreaking havoc. They predicted every conceivable disaster, short of roving herds of wooly mammoths stampeding through ice-covered streets. (The possibility of cloning a well-preserved mammoth could buttress the next scary ice age scenario.)

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Can Windpower Grow Without the PTC?

By -- September 14, 2012

Wind proponents cite their industry as one of the fastest growing sectors of the American economy, having doubled U.S. nameplate capacity since 2008. But let’s be clear: that recent growth is largely due to the massive infusion of public cash lavished on big wind under the American Recovery and Reinvestment Act of 2009 (ARRA), which is anticipated to pay out $22.6 billion in direct grants with 85% claimed by wind.   

Expiration of Section 1603 cash grants, coupled with record-low natural gas prices, will likely collapse the stimulus-induced bubble and push installations back to mid-2000’s levels. Even if the production tax credit (PTC) is extended, offsetting above-market wholesale prices, recent growth will not be repeated.

Wind and State RPS Policies

In the last ten years, more than half of the states adopted renewable portfolio standards (RPS) that encouraged development of home-grown low-emission generation.

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'Demand Response' in Electricity: Economists vs. FERC on (Over)Pricing

By -- September 13, 2012
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Sierra Club Energy: Beyond Affordable

By Lance Brown -- September 12, 2012
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'Let's Go' … Game On for Shell in the Arctic (a milestone in the still maturing hydrocarbon energy era)

By Robert Bradley Jr. -- September 11, 2012
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EPA's (Anti) Energy Agenda: What About Wealth and Welfare?

By -- September 10, 2012
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Three Philosophical Questions About Energy (Interview)

By -- September 7, 2012
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Windpower Layoffs Making PTC Extension Increasingly Moot

By Robert Bradley Jr. -- September 6, 2012
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U.S. Public Interest Groups Fighting Windpower

By Mary Kay Barton -- September 5, 2012
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