A clear strategy is emerging from the Obama administration’s recent moves on the energy front: not-so-slow energy strangulation.
The pattern is hard to miss:
To ensure that nuclear power does not grow (even while claiming he supports it), President Obama is de-funding the long-studied Yucca Mountain Repository, increasing uncertainty about waste disposal and scaring off potential investors.
To guarantee that coal becomes too expensive to burn (even as Obama pretends to support it), Obama’s EPA just suspended permits for mountaintop mining of coal, a move that could affect 200 coal mining operations in the Appalachians. (Now that’s job creation for ya!)
Finally to ensure that we don’t develop our own oil and natural gas resources (which Obama claims to support),…
Continue ReadingMany in the energy business, whether or not they support President Obama’s positions on energy and the environment, are likely to think, “Look, the US is a big ship. It cannot be turned around in a couple of years, and even if they tried, you can right the course at the ballot box.”
Actually, you can’t. The United States is still a nation of laws, and without strong political support, the acts of one administration cannot be easily reversed or undone by the next.
But there is more to the story than simple inertia and political head-counts. Each new administration enters with an agenda of positive goals. Spending time and political capital on your predecessor’s agenda can often find its way to the bottom of the to-do list. Moreover, a new president has only a limited circle of advisers.…
Continue ReadingLast December, Texas governor Rick Perry, speaking at a Houston fundraiser, sadly noted how President George W. Bush had lost his way in Washington, D.C. His good friend had compromised his principles and left the nation in a lurch, however unintentionally.
But then the governor launched into his Texas-is-great stump speech that included kudos to windpower, a new large industry (no) thanks to a legislative mandate requiring that Texas electricity retailers purchase qualifying renewable energy. (Wind is the most economical of the qualifiers.) The 1999 mandate, enacted with the crucial help of Enron lobbyists, was increased in 2002 with a powerful wind lobby at work. And so at the point of a gun, Texas became the leading windpower state in the country, passing California along the way.
So it was not surprising that last Saturday night Gov.…
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