“In the short term, the U.S. government could enact … waivers of Jones Act provisions and some fuel specifications to increase supplies. Longer term, government can promote investment through clear and consistent policy that supports U.S. resource development, such as regular and predictable lease sales, as well as streamlined regulatory approval and support for infrastructure such as pipelines.” – ExxonMobil to Biden
“We need clarity and consistency on policy matters ranging from leases and permits on federal lands, to the ability to permit and build critical infrastructure, to the proper role of regulation that considers both costs and benefits…. Most importantly, we need an honest dialogue….” – Chevron to Biden
It’s cosmetics time again with Biden and energy. DOE Secretary Jennifer Granholm is meeting today with oil executives in the symbolic quest to reduce gasoline and diesel prices.…
Continue Reading“Epstein focuses on the ‘big picture’ facts of how fossil fuels are helping the world’s populations to live longer, better, safer lives, while managing the side-effects of increasing CO2 emissions.”
After his successful book, The Moral Case for Fossil Fuels (2014), philosopher Alex Epstein spent several years speaking at seminars, at corporate meetings, and in webinars to help people understand why the apocalyptical view of future climate and fossil fuels reliance are wrong. At the same time, Epstein zealously asked questions and listened to his “Energy Champions” to better understand how to break through the mainstream narrative with his sound intellectual case.
The result is a reframed energy/climate discussion in his 430-page tome, Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas – Not Less, which challenges the “expert” opinion of impact of rising carbon dioxide (CO2) emissions in the atmosphere in light of humanity’s huge gains from carbon-based energy usage.…
Continue Reading“… the best arrangement for utilizing market forces in electricity … would be the spontaneous, voluntary, indigenous, bottom-up approach for the development of market relationships rather than government mandates.”
“The proper aim of consumer groups and free market advocates should be not to force utilities to allow others to use their private property but to reduce the impediments to competition between existing and new suppliers.”
The prevailing goals sought by those seeking reform in the power market are mandated access and common carriage for state regulated utilities. However, that is not the best arrangement for utilizing market forces in electricity. Far better would be the spontaneous, voluntary, indigenous, bottom-up approach for the development of market relationships rather than government mandates.
The state of Georgia has a system that can be such a free, prosperous market.…