Search Results for: "Enron, wind power"
Relevance | DateNotes: 1998 Enron Meeting on Climate Change
By Robert Bradley Jr. -- August 9, 2023 No Comments“… why doesn’t a congressional subcommittee call these companies and a few more to tell us exactly what they are up to and what is going to happen to energy prices where parties have to buy credits for something that is not a pollutant? After the meeting the company that has done the most to sell Kyoto should be awarded naming rights.”
I had a front row seat to many things energy and climate during my 16 years at Enron (1985–2001). At Political Capitalism, I described my Enron experience debating climate science and renewable policy (here).
Enron, in the words of a Greenpeace ex, was “the company most responsible for sparking off the greenhouse civil war in the hydrocarbon business.” [Jeremy Leggett, The Carbon War (London: Penguin Books, 1999, p.…
Continue ReadingTexas Wind Power: The Beginning (1993)
By Robert Bradley Jr. -- July 18, 2023 No Comments“Another factor [for the inaugural project] is a new federal tax credit of 1.5 cents per kilowatt hour on wind power that begins Jan. 1. There was an earlier federal subsidy that fueled the first boom, but it expired in 1985.”
“Wind Farm Awaits State’s Go-Ahead,” read the title of a Houston Chronicle business article (November 18, 1993). The state’s first major wind power project was timed to receive the brand new federal Production Tax Credit enacted in the Energy Policy Act of 1992 (1.5 cent/kWh, inflation-adjusted).
Note the following:
- This is on government land.
- A government agency is making the long-term sales commitment.
- The Production Tax Credit is crucial.
- The company putting in the turbines would declare bankruptcy in 1996, leaving Enron Wind (formerly Zond Corp) as the major U.S.
Tomlinson’s Narrative on the (Wounded) Texas Grid: More Misdirection from the Houston Chronicle
By Robert Bradley Jr. -- July 13, 2023 1 Comment“First wind and solar–and now batteries. How can a business editorialist not talk about cost and opportunity cost? Does $65 billion and counting ring a bell? I guess when you are a climate alarmist, economics does not matter.”
“‘Demand response’ is more government intervention to rescue prior. ‘Virtual power plants’ are the ultimate government takeover of the grid. Wound the supply side, load it up with costs, and force demand down.”
In “Natural Gas, Coal and Nuclear Power are Failing the Texas Grid, New Tech is the Future,” Houston Chronicle business editorialist Chris Tomlinson carries the water for Green New Deal/Net Zero interests, including his wife’s business of wind/solar origination. His 750-word piece is a tissue of half-truths and misdirection that only church-going climate alarmists can like.
CHRIS TOMLINSON COMMENTARY
The Texas electric grid’s biggest failures so far this summer are coming from the supposedly most reliable generators: fossil fuels.…
Continue ReadingChris Tomlinson (Houston Chronicle) Confesses Conflict of Interest
By Robert Bradley Jr. -- June 2, 2023 3 Comments“(Disclosure: My wife works for a private equity firm that invests in clean energy companies, and they have projects in Texas. But my interest in climate change and energy dates back 30 years, and like most spouses, my wife will tell you she has little influence over my opinions.)” – Tomlinson (below)
It is a start—but only a start. In a recent lobbyist-like editorial for the Houston Chronicle, the climate-religionist, bully-like, cut-the-beef Chris Tomlinson confessed to a conflict-of-interest. But the conflict is more than being married to a person that “works for a private equity firm that invests in clean energy companies”; his wife is a multi-millionaire rainmaker in wind and solar–the very two energies that Chris champions so completely and extensively.
His term “clean energy companies,” moreover, euphemizes the deep nature of wind and solar: government-enabled, cost-inflating, dilute, intermittent energies.…
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