“California’s reliance on hydropower and proliferation of remote, centralized renewable energy plants; the mandated environmental mothballing of 19 coastal natural gas power plants located close to customers; redundant transmission lines for green power; and seasonal wind blasts, results in lethal blast-furnace-like wildfires that leave trees alone but incinerate houses.”

“California leaders and opinion-makers must first abandon their blame game and diagnose the problem more clearly than using clichés like ‘global warming,’ ‘Donald Trump,’ ‘greed’ or even ‘not enough clear cutting,’ if they are going to responsibly deal with the dangerous unintended consequences of de-modernizing its electric grid.”

A question arising out of California’s recent wave of wind-fanned wildfires, is why are public officials mainly attributing the cause to downed electric transmission lines that comprise less than ten percent of all the causes of such fires?…

“We created a way of raising standards of living that we can’t possibly pass on to our children. It has to collapse, unless adults stand up and say, ‘This is a Ponzi scheme. We have not generated real wealth, and we are destroying a livable climate.’” (Joe Romm, quoted in Thomas Friedman, Is the Inflection Point Near?, New York Times, March 7, 2009)

“Is there any more single-minded, simple pleasure than viewing with alarm? At times it is even better than sex.” (Kenneth Boulding (1970), p. 160. [1]

Are free-market optimists the dumb ones who jump off tall buildings and report that everything is fine, even breezy, on the way down? Or are those who fear, rant, and make this analogy bungee-jumping with reality?

The optimists have been jumping off buildings ever since Robert Thomas Malthus’s An Essay on Population was published in 1798–and not hitting the ground.…

“Using ethanol for vehicle fuel is hardly a new practice. In fact, ethanol has been used for fuel for more than 100 years. A USDA report noted, ‘The use of alcohol as an automobile fuel dates back to the first modern internal combustion engine, the Otto Cycle (1876), which used alcohol as well as gasoline. Henry Ford designed the Model T (1908) to use alcohol, gasoline, or any mixture of them.'”

In September 1995, the Cato Institute published Policy Analysis No. 241 by then associate policy analyst at Cato, James Bovard. “Archer Daniels Midland: A Case Study in Corporate Welfare” is at once eye-opening and infuriating. ADM was not only the “most prominent” but also the “most arrogant” recipient of special government (read taxpayer/consumer) favor in the U.S. Only Ken Lay’s Enron, on a much broader basis, could rival ADM chair Dwayne Andreas.…

“Mr. Pickens was an early exponent of the peak oil theory, which held that the world would soon run out of oil to pump. The rise of fracking, which made hard-to-reach oil accessible, upended the theory.” (Washington Post, below)

“’It’s been valuable to have Boone as part of the team,’ said Carl Pope, who was executive director of the Sierra Club at the time, in response to the oilman’s backing of alternative energy sources. Former Vice President Al Gore also backed Mr. Pickens’s alternative energy campaign.” (New York Times, below)

Business leaders can help or hurt the capitalist system with their actions and rhetoric. Swashbuckling T. Boone Pickens (1928–2019) gained a reputation as a disrupter, shaking up a stodgy oil major (Gulf Oil, now part of Chevron), among others.…