“After this Waxman/Markey bill reached 3500 pages in length I stopped counting. Every lobbyist who could raise his arm to write a paragraph got it stapled into the bill. Legislators were paying off the people who paid them off. That’s the way our Washington politics seems to work.”

– James Hansen, “Canadian Common Sense.” May 16, 2016.

As U.S. states and foreign jurisdictions contemplate or implement cap-and-trade regimes as their preferred way to price carbon dioxide (CO2), it is good to see James Hansen raise his voice–again–on the issue. One only wishes that Hansen, the father of the global warming scare twenty-six years ago, would come out for market adaptation over cap-and-trade as his second-best option.

Hansen is upset that politicians are telling him to forget his carbon tax (fee-and-dividend) idea.…

Who is pushing this end-of-hydrocarbon-energy to prevent an end-of-world-calamity agenda? The list is long and includes politicians and UN globalists (look up Agenda 21) who seek more power and control over every aspect of your life.

Scientists, environmentalists, green NGOs and corporations are all chasing the $1.5 trillion per year that feeds the climate crisis and renewable energy industry. The lengthy list also includes scientifically illiterate population-control socialists and Hollywood cause seekers, who are all supported by environmental journalists who never question any “green” causes or scare stories.

Many use the “precautionary principle” to justify drastic actions that perversely have truly drastic consequences, intended or unintended.

Bad Policy, Bad Impacts

Eco-fanaticism has already pummeled Europe. In the past ten years, the price of electricity in Europe has climbed by an average of 63 percent.…

“Since at least 1989, Mr. Lynch has made a career of poo-pooing any concept that oil supplies might be finite and that we might find production capability dropping as demand continues to rise…. [Oil supply] not an issue?  Do you expect to be dead and gone in the next 4 to 8 years?”

– Charles Armentrout, “Lynch Poo-Poos Peak Oil,” LastTechAge, February 2, 2011.

It is entirely appropriate to recognize an intellectual victory, particularly when a confident, even arrogant, mainstream was overcome. In the case of Peak Oil, the victor is Michael C. Lynch, president of Strategic Energy and Economic Research, a Massachusetts-based consultancy.

Lynch has held a number of research positions at M.I.T. and was chief energy economist at DRI-WEFA.  He currently blogs at forbes.com, and his publications have appeared in six languages, focusing on petroleum supply, energy forecasting, and energy policy.…

“While commercial operations would take time to start, India’s Oil and Natural Gas Corporation (ONGC) has struck the first shale gas in a pilot project at Ichhapur in Burdwan, West Bengal. Its drilling started on October 27, 2013, with ConocoPhillips, which helped ONGC in providing technical help in well planning and data evaluation stage. In addition, ONGC has spudded one more well for shale gas and oil exploration in Gandhar area of Cambay basin.”

Shale gas can emerge as an important alternative source of energy in India. Identified shale-gas formations are spread over several sedimentary basins of the country, such as Cambay, Gondwana, Krishna Godavari Onland, and Cauvery. Shale oil is less developed. [1]

Shale gas is important because India wants to add natural gas’s 7 percent share of its energy basket, now filled with coal and oil.…