Ed. Note: Four years ago, Storm Uri caused Texas’s centrally planned wholesale electricity market (ERCOT) to buckle, vindicating warnings about the state’s wind/solar reliance. The mainstream media implicated natural gas instead, failing to explore the why behind the why. Rather than deregulation, Texas has chosen to add wind, solar, and batteries, while subsidizing natural gas plants to counter intermittency. This duplicated grid is now driving rates up in a state that could have relied on surplus natural gas instead.

It was not so much the story of freak weather triggering a market failure writ large. It was a classic application of the political economy of government intervention: the seen and the unseen, expert/regulatory failure, and unintended consequences.

Don Lavoie, a preeminent thinker in the field of market-versus-government planning, once warned:

If the guiding agency is less knowledgeable than the system it is trying to guide—and even worse, if its actions necessarily result in further undesired consequences in the working of that system—then what is going on is not planning at all but, rather, blind interference by some agents with the plans of others.”

“In a rational and moral world, the catastrophe of the Los Angeles fires, fueled in part by climate change, would be one of many climate ‘Pearl Harbors’ that might help wake up the public to the urgent need for climate action.” (- Joe Romm, last week)

“Is it just a coincidence that the worst of the worst happened in California, the Climate State? The Green State? The DEI State? Joe, the mainstream is not buying your ‘Climate Ate My Homework’ reasoning.” (below)

Just add “policy” in two places in Romm’s quotation above, and substitute “inaction” for “action” at the end, and his conclusion can be fixed. But who is Joe Romm? And what is his track record? I have tangled with Angry Joe for decades (I am a ‘sociopath’ to him) and can address these questions.…

Ed. Note: With yesterday’s background, Part II examines the politicization of one of Alaska’s major hydroelectric projects to reveal ulterior motives from “stakeholders” and elected officials.

“Once an RPS becomes law, the boards will be able to point to the new law in effect requiring them to adopt unreliable and expensive sources and be held harmless once things start to spiral out of control, up to and including rolling brownouts and blackouts.”

“Pumped energy storage is only necessary as a mitigating backup to the planned 100% unreliable not-so renewables. The Renewable Portfolio Standard will mandate a government-subsidized solar, wind and transmission build-out by grifters and profiteers. Wind and solar power producers should be made to pay for all infrastructure that makes them as reliable as a gas turbine.”

For environmental groups and their political carriers, the question is how to expand wind and solar power in the state, the very resources that are dilute, intermittent, fragile, expensive, and taxpayer-dependent.…

“City leaders should stop pretending Houston will, or should, transition away from oil and gas anytime soon…. Houston should embrace its role in sustaining and improving the lives of literally billions of people globally each day. It’s a legacy worth standing up for… and even celebrating.” (Doug Sheridan, below)

Hyperbole and government subsidies (bribes, to critics) is the lifeline for inferior energies (think dilute, intermittent, resource-intensive wind and solar). Such as been the case since the 1990s in Houston, Texas when Ken Lay of Enron Corp. empowered executive Robert Kelly to create a new renewables business, a story told here.

And shame-on-shame that some Houston business leaders that should know better have embraced low-density, political energies. I am thinking of Bobby Tutor, chair of the Houston Energy Transition Initiative, and Steve Kean of the Greater Houston Partnership.…