“Perhaps most important is the self-fulfilling prophesy: if renewables are made to look more attractive, they’ll increase in actual use. As they increase in use, according to the EERE Guidance document but not reality, they look more favorable. Rinse and repeat.”

“The net effect of the “guidance” is to artificially discriminate against one of America’s most abundant and cleanest energy forms, natural gas.”

“… we believe DOE should rescind this report and any applications of it within Federal policies and regulations.”

Part 2 identifies some of the more egregious technical flaws in EERE’s “Accounting Conventions for Non-Combustible Renewable Energy Use.” Part I yesterday discussed process deficiencies.

Despite the innocuous appearance of an RFI, what EERE ultimately did was to issue a “Technical Report” which, in fact, is more far-reaching than just “guidance” and would impact a multitude of state and federal programs.…

The Institute for Energy Research (IER) and its advocacy arm, the American Energy Alliance (AEA), are in the news.

As reported last month in the Los Angeles Times, and more recently in Bloomberg Politics, IER/AEA are involved in the free-market directions that the president-elect and his team have followed to date.

One account described the founding of IER as follows:

The Institute for Energy Research was founded to be a clearinghouse for energy information in 1989 in Houston by Robert L. Bradley Jr., a speechwriter for Enron chief executive Kenneth Lay, who was later convicted of securities fraud.

Given that this association is part of the political conversation (Joe Romm started it in 2009: see below), and the continuing attention that is ahead for IER/AEA, I wish to revisit the historical record about my time at Enron that overlapped with IER.…

“Economists may not know much. But we know one thing very well: how to produce surpluses and shortages. Do you want a surplus? Have the government legislate a minimum price that is above the price that would otherwise prevail…. Do you want a shortage? Have the government legislate a maximum price that is below the price that would otherwise prevail.”

– Milton and Rose Friedman, Free to Choose (1979), p. 219.

Tomorrow (October 5, 2016), a book seminar will be held at Resources for the Future [register here] to revisit the lessons from the 1970s energy crisis. Panic at the Pump: The Energy Crisis and the Transformation of American Politics in the 1970s by Meg Jacobs will receive comments from three RFF scholars.

The Princeton historian and author usefully provides a good deal of archival documentation surrounding the ill-fated attempt by federal authorities to regulate the price and allocation of crude oil and oil products in the 1971–1981 era. …

“This is the doleful legacy of Reaganism. We have become a nation that believes that you can get something for nothing. We thought that the energy crisis would be solved . . . somehow, and that no one would have to suffer….”

“Somewhere in his peripatetic travels, the much-maligned Jimmy Carter — an artless politician, to be sure — must scratch his head at the reverence still accorded Reagan. The way things are going, the Gipper’s visage will be added to Mount Rushmore. Not that anyone will notice. It’ll be too expensive to drive there.”

– Richard Cohen, “Wish Upon A Pump.” Washington Post, July 8, 2008. Quoted in Joe Romm, “Who Got Us in this Energy Mess? Start with Ronald Reagan.” Climate Progress.

A feature of MasterResource is chronicling the failed analyses and prognostications of the Energy Statist School, those who subscribe to chronic, global market failure and forced transformation away from consumer-chosen energies.…