A Free-Market Energy Blog

Think, Want Competitive Renewables: Travis Bradford gets Spacy at THE ECONOMIST

By -- November 17, 2011

Travis Bradford, founder and president of the Prometheus Institute for Sustainable Development, joins the postmodern crusade for the affirmative motion over at The Economist magazine: “This house believes that subsidising renewable energy is a good way to wean the world off fossil fuels.” (Voting is in its last day.)

Let’s assume (not debate) that fossil fuels are unsustainable, he says. And let’s just believe that a lot of government this-or-that can make the dilute dense and the intermittent firm. Build it, and they will come … or coerce and it will all work out.

Bradford asserts at the beginning:

In an effort to refocus the debate on whether subsidies are a good way to wean the world off of fossil fuels, it might be useful to frame the alternatives instead of rehashing the same old arguments about whether we should.

Continue Reading

ECONOMIST Debate on Renewable Energy (Part III: Fossil Fuels Triumphant)

By Robert Bradley Jr. -- November 16, 2011

[Ed. note: This is Bradley’s final statement to: “This house believes that subsidising renewable energy is a good way to wean the world off fossil fuels.” After nine days and thousands of votes cast from around the world, the opposition is polling very close.]

“A reliable and affordable supply of energy is absolutely critical to maintaining and expanding economic prosperity where such prosperity already exists and to creating it where it does not.” John Holdren (2000)

“Suggesting that renewables will let us phase rapidly off fossil fuels in the United States, China, India, or the world as a whole is almost the equivalent of believing in the Easter Bunny and Tooth Fairy.” James Hansen (2011)

Energy density (think energy efficiency) is the most important concept for the House Proposition.…

Continue Reading

Energy Externality Pseudoscience: Unmasking Krugman's Argument Against Fossil Fuels

By -- November 15, 2011

Opponents of fossil fuels have long championed solar power and wind power as replacements. Unfortunately, there is no evidence that solar and wind can provide the cheap, plentiful, reliable energy that our standard of living requires. They have never come remotely close to competing economically on a free market. In fact, due to their low concentration and high intermittency, they have proven unable to provide substantial baseload power in any country, ever, even when exorbitantly subsidized.

When confronted with these facts, opponents of fossil fuels offer a seemingly scientific counterargument. Fossil fuels are only cheap, they say, because fossil fuel companies aren’t required to pay for the “hidden costs” or “negative externalities” of their product. These “hidden costs” are harms not reflected in the prices we pay–such as the presumed damage from future climate change.

Continue Reading

Rent-Seeker Glee: It Did Not Begin with Solyndra (remembering Enron's triumphant Kyoto Memo)

By Robert Bradley Jr. -- November 14, 2011
Continue Reading

ECONOMIST Debate on Renewable Energy (Part II: Climate Alarmism vs. the Environment)

By Robert Bradley Jr. -- November 11, 2011
Continue Reading

Texas Wind Power (CREZ) Line Busts Its Budget (Blame Perry, not Obama)

By Kenneth Artz -- November 10, 2011
Continue Reading

ECONOMIST Debate on Renewable Energy (Part I: W. S. Jevons Lives!)

By Robert Bradley Jr. -- November 9, 2011
Continue Reading

Cape Wind: The Air Traffic Safety Issue of a Government-enabled Project

By -- November 8, 2011
Continue Reading

Are We Free Market Energy Types Just 'Bought and Paid For'? (New York Times, MasterResource weigh in on the bias question)

By Robert Bradley Jr. -- November 7, 2011
Continue Reading

William N. Niskanen: Economist, Scholar, and Foe of Political Capitalism

By Robert Bradley Jr. -- November 4, 2011
Continue Reading