A Free-Market Energy Blog

Federal 'Clean Energy' Loan Guarantees: Crazy Dollars for Bubble Jobs

By Vance Ginn -- July 28, 2011

At a time when the federal government is debating whether to raise the debt ceiling, the U.S. Department of Energy’s Loan Programs Office (LPO) is offering guaranteed financing to First Solar Inc. for three solar panel projects in California for $4.5 billion. Not million but billion.

Carefully analyzed, these projects do little to fund efficient energy production or create permanent jobs. Such largesse is one of many rich targets for immediate deficit reduction in any budget deal.

LPO specifically targets projects that promote clean energy and includes “job creation; reducing dependency on foreign oil; improving our environmental legacy; and enhancing American competitiveness in the global economy of the 21st century.”

Specifically, these loan guarantees promote projects that include biomass, hydrogen, wind and hydropower, advanced fossil energy coal, carbon sequestration practices and technologies, electricity delivery and energy reliability, alternative fuel vehicles, industry energy efficiency projects, pollution control equipment, nuclear, and solar power.…

Continue Reading

Towards a New Environmentalism (open criticism, midcourse correction, and scholarship needed)

By Steve Hayward -- July 27, 2011

MasterResource is home to a growing number of grassroot environmentalists who are challenging the Washington, D.C. establishment to reconsider industrial wind turbines. Jen Gilbert’s Dear Sierra Club (Canada): I Resign Over Your Anti-Environmental Wind Support and Jon Boone’s three-part The Sierra Club: How Support for Industrial Wind Technology Subverts Its History, Betrays Its Mission, and Erodes Commitment to the Scientific Method of what Robert Bradley has summarized in his post, Windpower: Environmentalists vs. Environmentalists (NIMBYism, precautionary principle vs. industrial wind)

My piece for National Review (reprinted below) looks at the bigger picture of how reasoned criticism and intellectual diversity have struggled to penetrate the environmental mainstream. The result of such intolerance has been Faustian bargains such as the Sierra Club going all-in for wind power (see their response to Robert Bryce’s recent op-edin the New York Times).

Continue Reading

Wind Turbines and Whooping Cranes: Going Soft on Soft Energy (politically correct environmental damage)

By Tom Tanton -- July 26, 2011

The Federal agency charged with protecting endangered species under the Endangered Species Act is evaluating a plan to allow a 200-mile wide corridor for wind energy development from Canada to the Gulf of Mexico. The draft land-based guidelines–made ostensibly to avoid, minimize, and compensate  for effects to fish, wildlife, and their habitats” — represent one more example of overt and destructive favoritism for an industry that already benefits from fat tax subsidies and mandated market purchases.

U.S. Fish and Wildlife Service Plan

The plan by U.S. Fish and Wildlife Service (FWS) would allow for killing endangered whooping cranes. The government’s environmental review will consider a permit, sought by 19 energy developers, which would allow constructing turbines (over 300 feet tall) and associated transmission lines on non-federal lands in nine states from Montana to the Texas coast, encroaching on the migratory route of the cranes.…

Continue Reading

2011 U.S. Temperature Update: Alarmism Not

By Chip Knappenberger -- July 25, 2011
Continue Reading

The Crisis of Interventionism (Mises's 1949 wisdom speaks to the limits of government- forced energy transformation today)

By Robert Bradley Jr. -- July 22, 2011
Continue Reading

Ending Windpower Subsidies for Deficit Reduction (failed promises have consequences)

By -- July 21, 2011
Continue Reading

The Shale Gas Hit Piece: The New York Times (minus public editor Brisbane) Doubles Down on a Bad Bet

By Chris Tucker -- July 20, 2011
Continue Reading

Exhausting the Reserve Fund: The Big Picture of the Limits to Big Government (Part II)

By Richard Ebeling -- July 19, 2011
Continue Reading

Exhausting the Reserve Fund: The Big Picture of the Limits to Big Government (Part I)

By Richard Ebeling -- July 18, 2011
Continue Reading

Jimmy Carter's 'Malaise Speech' of July 15, 1979: An Energy Moment to Remember

By Robert Bradley Jr. -- July 15, 2011
Continue Reading