Why is the Party in Power So Fearful of Copenhagen? (Is a ‘death spiral’ for climate alarmism ahead?)

By Kenneth P. Green -- September 1, 2009 14 Comments

[Editor note: Ken Green was a Working Group 1 expert reviewer for the United Nations’ Intergovernmental Panel on Climate Change (IPCC) in 2001]

For weeks now, we’ve been hearing an odd refrain from the Democrats who are pushing hardest for the Waxman-Markey climate bill. They are determined, it seems, not only to have such a bill drawn up before Copenhagen, but to have it signed into law. At the same time, the EPA is widely expected to issue its endangerment finding for greenhouse gases, triggering what will undoubtedly be a hotly disputed regulatory process.

President Obama, it is reported, wants to sign climate legislation before the critically important Copenhagen climate conference in December. And Senate Majority leader Harry Reid wants the President to sign a climate bill this fall as well.…

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ObamaCare to ObamaEnergy: Questioning ‘Telephone-Book-Sized Legislation’

By Robert Bradley Jr. -- August 21, 2009 2 Comments

“The Republicans are right — it’s a cap-and-tax bill. That’s what it is because they are raising revenue to do all sorts of things, especially to take care of the coal industry, and it makes no sense.”

– Tim Wirth, “Climate Bill ‘Out of Control,’ Former Senator Says,” Bloomberg,  August 18, 2009.

“Trading of rights to pollute … introduces speculation and makes millionaires on Wall Street. I hope cap and trade doesn’t pass, because we need a much more effective approach.”

–  Remarks of James Hansen, 350 Climate Conference, Columbia University, May 4, 2009 [Speech writeup in Appendix below]

Left commentators are interpreting what has gone wrong with the Obama healthcare plan. One explanation is the sheer complexity of the legislation. “[Obama] had a near-Depression to deal with, and a banking crisis of mammoth proportions,” stated MSNBC’s Howard Fineman.

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150,000 and Counting –Thank You Viewers!

By Robert Bradley Jr. -- July 25, 2009 1 Comment

MasterResource, the world’s premier free-market energy blog, began the day after Christmas and is seven months old. Views of 50,000 in our first quarter have been followed by 100,000 in the second quarter. Viewership near one thousand per day is not bad for a scholarly start-up–and much growth potential remains.

Our Model

We are a group blog on the very important and wide topic of energy, including climate change, which is all about energy. Our bloggers come from a variety of institutions, nonprofit and for-profit. We have backgrounds in political economy, economics, environmental studies, philosophy, and engineering. We are thinker-doers who are open-minded and part of a challenge culture. No smartest-guys-in-the-room problem here.

In the increasingly crowded blogosphere, there will be a flight to quality to group blogs that have a clear theme.…

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Forced Coal-Plant Conversions to Natural Gas: False Hope for “Cheap” Climate Action

By Robert Peltier -- July 23, 2009 9 Comments

Robert F. Kennedy Jr., president of Waterkeeper Alliance, posits in the Financial Times (July 19) that converting our fleet of coal-fired power plants to natural gas could be accomplished “practically overnight” and will have the effect of “jump-starting our economy….without the expense of building new power plants.” Thus did Kennedy express his new-found love of natural gas: It’s our “bridge fuel to the ‘new’ energy economy.” (Where have we heard that before–wasn’t that Enron’s tag line decade or two ago?)

Yet Kennedy’s proposal ignores the extremely high cost of fuel conversion (upwards of $100 million for a medium-size coal plant) and the added fuel cost to burn gas. He seriously mischaracterizes how an electricity market operates. And Joe Romm (Climate Progress) had added to the confusion by calling Kennedy’s proposal a “game changer.”…

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The Left’s Civil War on Cap-and-Trade: Who Likes Political Capitalism?

By Robert Bradley Jr. -- July 22, 2009 5 Comments Continue Reading

Market Conservation vs. Government Conservationism: Understanding the Limits to Energy Efficiency and ‘New-Economy’ ESCOs

By Robert Bradley Jr. -- June 25, 2009 17 Comments Continue Reading

“Green” China: Big PR vs. King Coal (move over dung, primitive biomass, and Waxman-Markey)

By Donald Hertzmark -- June 24, 2009 9 Comments Continue Reading

Left Pushback on Waxman-Markey: Is It Time to Start Over?

By Robert Bradley Jr. -- June 23, 2009 10 Comments Continue Reading

Enron vs. Exxon Mobil: Polar Approaches to Energy and Public Policy

By Robert Bradley Jr. -- June 15, 2009 5 Comments Continue Reading

Cost/Benefit Analysis Cannot Justify Waxman-Markey’s Aggressive Targets

By Robert Murphy -- June 5, 2009 35 Comments Continue Reading