“New Mexico has one of the highest poverty rates in the country. Higher energy prices are in effect a regressive tax that places low-income households in the state in peril.”

Energy policies that originate from a political or quasi-religious agenda—propelled by climate zealots, misinformation, and obliviousness to basic economic principles—are on trial in the new political environment. Such policies sacrifice the public good to benefit special interests wed to rent-seeking.

While this commentary focuses on New Mexico, its urgings are applicable to other jurisdictions that currently have or are considering government-driven energy policies featuring mandates and subsidies that encourage consumers to transition away from fossil fuels. 

Three Hard Truths

Three truths should determine energy policy in New Mexico.

1. No climate benefit. Whatever action the state takes to reduce greenhouse gas (GHG) emissions has a negligible effect on climate change. …

This week, a Hall of Shame business memo turns 27 years old. Dated December 12, 1997, it was written from Kyoto, Japan, by Enron lobbyist John Palmisano in the afterglow of the Kyoto Protocol agreement.

Global green planners were euphoric that, somehow, someway, the world had embarked on an irreversible course of climate control (and thus industrial and land-use control). But Kyoto predictably failed, and the Paris climate accord of 2015 teeters, with COP27’s recent failure making COP28’s prospects look grim.

Palmisano’s memo cites the benefits for first-mover ‘green’ Enron. Enron, in fact, had no less than six profit centers tied to pricing carbon dioxide (CO2)–and seven if CO2 were capped and traded. The story of Enron as the darling of Left environmentalists has been well told elsewhere.…

“As a result of hail and other weather damage, insurance premiums for solar facilities are skyrocketing, in some cases up by as much as 400%. In addition, policy coverage is being capped at as little as $10-15 million, requiring system developers to obtain multiple policies to try to cover their projects.”

Wind and solar have been growing as a share of US electrical power generation over the last two decades. State and federal mandates and subsidies have driven the expansion of renewables because of their inherently dilute and intermittent nature. But it’s clear that renewable electricity sources have a third strike: they are fragile and prone to weather damage and destruction.

Twenty-three states now mandate Net Zero electricity by as early as 2035. Their aim is to replace coal- and gas-fired power plants with wind and solar generators.…

Climate scientist/activist Joyce Kimutai gave a frank assessment of the just completed two-week UN climate conference of parties (COP 29) on social media. Hers is a refreshing take in comparison to the whining of the developing (statist) countries seeking handouts and the glass-one-eighth-full newspaper reporting from the mainstream media. She began:

Now, as I recover from the exhaustion of the past weeks, I find myself sitting on my couch, sipping sweet Kenyan tea, while reflecting on the outcomes of COP29.

As the climate crisis deepens, multilateralism is weakening, leaving vulnerable communities at the center of geopolitical tensions. The $300 billion commitment is both insignificant and shameful in the grand scheme of addressing the climate emergency.

I participated in numerous negotiation and coordination sessions, as well as side events. One side event focused on the need to improve scenarios to better represent an equitable world.