Editor note: This post from one year ago is reprinted for its continuing relevance to the climate-change debate. The “bootleggers” are hard at work in the post-Enron era with nearly 150 companies, lead by Exelon Corp., Entergy Corp., and Constellation Energy Group Inc., buying 30-second television spots running from today through President Obama’s State of the Union address on Wednesday. 

The climate-change public policy debate might be thought of as a straightforward morality play. In one corner, we have the good guys laboring mightily against all odds to save the planet from rampant consumerism, human short-sightedness, and corporate greed. In the other corner, we have the bad guys, laboring mightily to preserve their profits by stoking materialism, economic selfishness, and fear of big government. Behind the curtains of this morality play, however, is a fascinating dance between the “good guys” (the Baptists) and “bad guys” (the bootleggers) to pass some form of mutually beneficial prohibition.…

With thousands of politicians and environmentalists meeting in Copenhagen to discuss ways to achieve major cuts in global carbon dioxide emissions, one might assume that the need for drastic increases in nuclear power capacity would be an obvious solution – a path forward upon which factions on both the Left and the Right could agree.

Alas, that is not happening. Instead, the Green/Left in the US continues its decades-long opposition to nuclear, all the while insisting that the only way forward is through greater use of alternative energy sources like solar and wind.

Los Angeles Times: Now and Way Back Then

Consider the unsigned editorial published by the Los Angeles Times on November 28. The piece, titled “No new nukes – plants, that is,”[1] declares that nuclear energy “is not a reasonable solution because plants take too long to build and cost far too much.”…

The European Union Emissions Trading Scheme (ETS) is currently the largest cap-and-trade scheme in the world. Covering 11,500 installations and countries with a combined population of around 500 million, the scope of the scheme is truly enormous. Before Americans adopt a cap-and-trade scheme of their own, it is vital that they take a serious look at how things have gone in Europe. I hope that my study, released at the end of last week, can demonstrate some of the huge risks that the United States will face if cap-and-trade advocates get their way.

The first thing to note is that the scheme has cost European consumers a fortune. There was a total bill of €93 ($123) billion between the introduction of the scheme in January 2005 and the end of 2008.…

This is part 2 of my post on a recent Partnership for a Secure America (PSA) briefing on climate change, energy and national security. Yesterday’s post made two main points:

(1) The strange-bedfellow coalition of defense hawks and eco-warriers is based not on sound national security arguments but on a convergence of political interests. For defense hawks, the alleged climate crisis facilitates mission creep by providing an open-ended rationale to expand DOD programs, activities, capabilities, and the appropriations to fund them. For green groups, partnership with defense and intelligence big wigs builds their already formidable lobbying machine and gives them cachet with conservatives who generally oppose government meddling in energy markets and Kyoto-style “global governance.”

(2) The PSA panelists exaggerate the security risks of climate change. The “history” of global warming, recent research on climate sensitivity, and even the Stern Review (properly understood) call into question the claim that climate change is an important “threat multiplier.”