A Free-Market Energy Blog

Renewable Tax Credits: Kiesling Ducks Again

By Robert Bradley Jr. -- July 20, 2023

“Are you sure you don’t want to just go ahead and say the PTC is bad policy? (It is.) … I’m asking why you’d leave it for another day when the downsides are so painfully clear.” – Fisher to Kiesling (below)

“Because I’m tired after two hard days of riding in advance of a gravel bike race next weekend and it’s a holiday weekend.” – Kiesling to Fisher (below)

And the great dodge continues where the coverup is worse than the crime. The ‘crime’ is pretending to be free market or classical liberal in electricity policy when you are not. Mandatory open access with all the trimmings (renewables favoritism in particularly) is an obvious regulatory, interventionist model. Period.

The cover-up is ‘woman of system‘ Lynne Kiesling (and Michael Giberson of R Street) refusing to define, much less advocate, a free market/classical liberalism policy program for electricity.…

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Shell Knew? No (outlier climate prediction exaggerated)

By Robert Bradley Jr. -- July 19, 2023

“Shell, ExxonMobil, and other companies should defeat these frivolous lawsuits against fossil fuels, which are more a complaint against high-energy civilization than the defendants. The plaintiffs should be ordered to pay all court costs, as well as the opportunity cost for the company having to litigate rather than find energy for the masses.”

A DeSmog piece by Matthew Green, “Lost Decade: How Shell Downplayed Early Warnings Over Climate Change,” reports on a smoking gun that is more like a broken, discarded water pistol.

“Newly discovered documents from the 1970s and early ’80s show that Shell knew more about the ‘greenhouse effect’ than it let on in public,” reads the subtitle. The article continues:

A confidential October 1989 Shell publication titled “SCENARIOS 1989 – 2010” outlines a high-emissions “global mercantilism” scenario in which average global temperatures rise by “considerably more” than 1.5 degrees Celsius.

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Texas Wind Power: The Beginning (1993)

By Robert Bradley Jr. -- July 18, 2023

“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.
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Energy and Environmental Review: July 17, 2023

By -- July 17, 2023
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Tomlinson’s Narrative on the (Wounded) Texas Grid: More Misdirection from the Houston Chronicle

By Robert Bradley Jr. -- July 13, 2023
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Woman of System? Lynne Kiesling as Electricity Planner

By Robert Bradley Jr. -- July 12, 2023
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Free Market Electricity: End the Blackout (Kiesling bobs and weaves)

By Robert Bradley Jr. -- July 11, 2023
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Energy Appliance Victory! (DC Circuit vs. DOE)

By -- July 10, 2023
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Peak Gas: A Forecasting Failure of Henry Groppe Jr.

By Robert Bradley Jr. -- July 7, 2023
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Solar Farm Opposition: Rejoinder to Giberson (2)

By Robert Bradley Jr. -- July 6, 2023
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