energy

Solar tax credits are not “conservative” or “free market”

April 23, 2015
By
How green energy works

The solar industry has poured a startling amount of effort and funding—much of it backed by California-based, billionaire hedge fund manager Tom Steyer, who is heavily invested in solar—into attempting to gain the legislative favor needed for it to survive. Nationwide, the growth of the renewable power industry is dependent on a combination of big government mandates, tax credits, and subsidies—making it the perfect target of wrath from limited-government, free-market, and/or fiscally-conservative individuals and policymakers. Some proposed legislation would prop up the industry (Florida), and force it to stand on its own (Louisiana). In Louisiana, about 80 percent of the…

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Deepwater Horizon five years later: lessons learned

April 21, 2015
By
logo

Five years ago, following a blowout and explosion on the Deepwater Horizon rig that killed 11 workers, the nation was spellbound by the 87-day visual of oil flowing freely into the waters of the Gulf of Mexico from the Makonde well. The 3.1 million barrels of spewed oil has been called “the world’s largest accidental marine spill” and “the worst environmental disaster in U.S. history.” Looking back, CNN reports: “There were dire predictions of what would follow. Environmentalists and others braced for an environmental collapse on a massive scale.” Indeed, there were extreme claims including one from Matt Simmons, known…

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Americans aren’t buying the manmade climate change lie

April 14, 2015
By
Global warming fairy

Late last year, the name Jonathan Gruber became part of the public consciousness for his newly public declarations that Obamacare passed due to the “stupidity of the American voter.” While there are many cases one can cite affirming that most Americans don’t closely follow politics and/or the political process and, therefore, may be called “stupid,” the campaign to sell the manmade climate change crisis narrative proves otherwise. We are smarter than they think. We are not buying what they are selling. Global warming has been the most expensive and extensive “public relations campaign in history”—as David Harsanyi calls it in his…

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Sun and wind are free, but not when you’re talkin’ energy

April 7, 2015
By
How green energy works

In an effort to get America off of fossil fuels, “free” solar and wind energy is often touted as the solution. However, in reality, the so-called free energy has high costs and does little to minimize fossil-fuel use or cut greenhouse gases. Because solar-and-wind energy are not available 24/7—also frequently referenced as not “dispatchable”—incorporating them into the electricity portfolio requires back-up power to be available on demand. When the sun doesn’t shine or the wind doesn’t blow, we still expect to have heating or air conditioning, cook our dinners, charge our phones, and use our computers. To do this, requires…

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The geopolitics of oil a game of Roulette

March 31, 2015
By
Roulette wheel

Many complicated factors contribute to the global price of a barrel of oil, but two of the leading components are supply and risk—and both have the potential to escalate in the days ahead. The current region-wide sectarian war could easily bump oil prices up dramatically. And, the expected nuclear deal with Iran could drop them—dramatically. Oil price predictions today play like a game of roulette, or a carnival barker of days gone by, round and round it goes, where she stops, nobody knows. A few weeks ago, addressing the need to open up access to mid-Atlantic oil resources, I wrote:…

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