The New Renewables Narrative: Buyer Beware

By Marita Noon -- October 29, 2013 No Comments

“Georgia … Texas … Arizona…. One story is an anomaly; two, a coincidence; three, a trend. When a so-called conservative Republican talks green energy and sounds like he or she is hitting the right notes, be careful. It’s probably the wrong song.”

Creating jobs…. enlarging the tax base… access to markets … energy choices for consumers…. monopoly busting … resource conservation….

The words and terms are being used by two government dependent renewable energy industries to sucker citizens and legislators to retain, if not enlarge, their taxpayer subsidies and ratepayer cross-subsidies in the current energy debate.

Make no mistake: This is an organized attempt to hoodwink  Republicans, conservatives, limited-government and free-market supporters, and even fiscally minded Democrats. Yet the means and ends of the deceivers are 180 degrees from what ordinary fiscally prudent citizens would support if they understood the gloss and what was underneath the hood.

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‘Simple Rules for a Complex World’: Five for Energy Policy

By Peter Grossman -- October 4, 2013 3 Comments

“[P]ermanence and stability are the cardinal virtues of the legal rules that make private innovation and public progress possible. To my mind there is no doubt that a legal regime that embraced private property and freedom of contract is the only one that in practice can offer that permanence and stability.”

– Richard Epstein. Simple Rules for a Complex World,  Cambridge:  Harvard University Press, 2004, p. x1.

In U.S. Energy Policy and the Pursuit of Failure–and in a recent blog post at MasterResource–I have argued that for government energy policy to be effective it has to be modest—modest especially in what policy can be expected to accomplish.

But for modest policy to be effective, there must be some basic understandings about what energy policy should or should not entail.…

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Energy Price-Control Lessons for ObamaCare (remembering a classic WSJ editorial from 1979)

By Robert Bradley Jr. -- October 1, 2013 2 Comments

[This MasterResource post from February 2011 is reprinted for its relevance with the start of ObamaCare today. An uncomfortable question must be asked: what will happen in the health waiting rooms given what happened in the 1970s gasoline lines?]

For decades I have enjoyed the opinion-page editorials of the Wall Street Journal, both the unsigned editorials and the guest opinions. During the 1970s energy crisis, and today amid climate alarmism and the futile crusade to regulate carbon dioxide, the Journal has been a bastion of sound economic thought.

I was recently reminded of perhaps my favorite WSJ energy editorial of all, “Buffer of Civility,” published during the dark days of energy rioting in summer 1979 (yes, the U.S. experienced fuel riots from federal price controls that caused energy shortages).

What brought this to mind was another WSJ editorial,Sebelius’s Price Controls,” which reported on a 136-page price-regulating rule under ObamaCare–and this message to state governors from HHS Secretary Kathleen Sebelius

urging them “to prevent unjustified and excessive health insurance premium growth.”

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Climate Desperadoes: The Real ‘Deniers’ (Part I)

By -- September 23, 2013 3 Comments

“The real climate change ‘deniers’ are the alarmists who deny that natural forces still dominate weather and climate events, and refuse to acknowledge that thousands of scientists do not agree with IPCC proclamations and prescriptions.”

The old saws of climate alarmism getting increasingly desperate and intolerant in the face of contrary theoretical evidence and empirical anomalies.

The ad hominem attacks seem strange. Shouldn’t all good citizens of the earth be buoyed by the fact that yet another Malthusian-like alarm is becoming more and more implausible?

Shrilling, If Not Shilling

Al Gore is in full attack model, employing his “Climate Reality Project” to “Draw the Line on Denial,” even as he laid off 90% of the staff at his “Alliance for Climate Protection.” Greenpeace has joined the fray, launching a “Dealing in Doubt” campaign that blames ExxonMobil for funding the “global warming denial machine.”…

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Energy Policy Myopia: George P. Shultz Remembered (Republicans have been bad too)

By Peter Grossman -- September 20, 2013 1 Comment Continue Reading

Milton Friedman on the Energy Crisis (and ObamaCare to come)

By Robert Bradley Jr. -- July 31, 2013 5 Comments Continue Reading

U.S. Energy Policy: New Mindset Needed (‘energy security’ narrative must go)

By Peter Grossman -- July 26, 2013 4 Comments Continue Reading

Peak Nonsense

By -- June 26, 2013 26 Comments Continue Reading

The Free Market Energy Movement: Strong Theory, Rich History, Real-World Momentum

By Robert Bradley Jr. -- June 7, 2013 1 Comment Continue Reading

“Peak Oil Is Dead”: M. A. Adelman Revisited

By Robert Bradley Jr. -- May 20, 2013 3 Comments Continue Reading