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Relevance | DateFederal Energy Policy for America (Part III: Cato's priorities–and a few more)
By Robert Bradley Jr. -- June 15, 2011 4 CommentsEditor note: This three-part series began with A Free Market Energy Vision (Part I: Worldview) and continued with Energy for a Free Society: The ‘American Energy Act’ (Part II: Real World Reform).
In their essay on energy policy for the 111th Congress, Jerry Taylor and Peter Van Doren of the libertarian Cato Institute offered nine priorities to move the United States from energy statism to free energy markets.
But there are more areas of pro-private pro-market exchange reform on the federal level. I offer four–perhaps readers can add more in comments.
Nine Policy Recommendations (Cato)
Congress should:
- Open up public lands currently off limits to the oil and gas industry in the outer continental shelf and the Arctic National Wildlife Refuge (ANWR) for exploration and drilling,
- Repeal Corporate Average Fuel Efficiency (CAFE) standards along with all other energy conservation mandates,
- Repeal subsidies for all energy industries including oil, gas, coal, nuclear, and renewable energies of all kinds,
- Repeal fuel consumption mandates for ethanol and resist prospective consumption mandates for other renewable energies,
- Eliminate all targeted public energy research and development programs and replace them with a generalized tax credit for private research and development undertakings,
- Transfer the maintenance of the nuclear weapons stockpile from the Department of Energy to the Department of Defense and privatize the national laboratories,
- Sell the oil from the Strategic Petroleum Reserve and shut the program down,
- Eliminate the Department of Energy and all its programs, and
- Refuse appeals to impose new taxes and/or regulations on energy producers and manufacturers.
Hassling Electricity: EPA's Proposed MACT Rules
By Paul Driessen -- March 30, 2011 1 CommentPresidential candidate Barack Obama promised that his policies would cause electricity rates to “skyrocket” and “bankrupt” any company trying to build a coal-fired generating plant. This is one promise he and his über-regulators are keeping.
President Obama energetically promotes wind and solar projects that require millions of acres of land and billions of dollars in subsidies to generate expensive, intermittent electricity and create (really centrally plan) jobs that cost taxpayers upwards of $220,000 apiece – most of them in China.
His Interior Department is locking up more coal and petroleum prospects, via “wild lands” and other designations, and dragging its feet on issuing leases and drilling permits.
Meanwhile, his Environmental Protection Agency is challenging shale gas drilling and fracking, and imposing draconian carbon dioxide (CO2) emission rules, now that Congress and voters have rejected cap-tax-and-trade.…
Continue ReadingPeak-Oil Puff on Huff (David Hughes of the Post-Carbon Institute Tees Off)
By Michael Lynch -- December 16, 2010 33 CommentsI am considered a leading critic of peak oil, the belief that oil production has peaked, is peaking, or will peak soon. I am a resource optimist in the Julian Simon tradition and believe that resourceship allows so-called depletable resources to expand, refuting the fixity/depletion mindset.
This said, I am empirically oriented. So let’s study and debate the facts, while remembering the record of peak-oil forecasts from the beginning to the present.
For my optimist/resourceship/expansionist position, I get slammed a good bit, such as by Joe Romm and by Gabriel Rotello at the Huffington Post (but also supported there by Raymond Learsay). I mostly take the fuss, which is two parts emotionalism to one part intellectual argument.
But when David Hughes of the Post Carbon Institute published a piece calling a New York Times story “inaccurate, misleading and unhelpful ‘journalism’” I thought to add a comment.…
Continue ReadingGermany’s Offshore Wind: Wasted Resources, Environmental Blight
By Edgar Gaertner -- December 1, 2010 17 CommentsThousands of bureaucrats are at another cushy climate confab–this time in Cancun–while Senators Bingaman, Brownback and Reid are contemplating how to ram a federal renewable energy quota through a lame-duck session. Their prospects are not good, which should give them more time to consider the experiences of Europe and windpower. The results of this experiment in energy coercion are humbling.
Germany, specifically, is in the throes of a windpower boondoggle that should be heard the world over. The general lesson is that energy forcing brings with it technological risk that must be factored into the public policy equation.
A North Sea Boondoggle
Barely two months after the inauguration ceremony for Germany’s first pilot offshore wind farm, “Alpha Ventus” in the North Sea, all six of the newly installed wind turbines were completely idle, due to gearbox damage.…
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