Marita Noon

Obama: Iranian oil, Good; American and Canadian Oil, bad.

July 28, 2015
By
Obama oil policy

President Obama’s confusing approach to energy encourages our enemies who shout “death to America” as it penalizes our closest allies and even our own job creators. Iran’s participation in the nuclear negotiations that have slogged on for months finally netted a deal that allows Iran to export its oil—the only reason they came to the table (burnishing Obama’s legacy surely does not interest them). International sanctions have, since 2011, cut Iran’s oil exports in half and severely damaged its economy. Iran, it is estimated, currently has more than 50 million barrels of oil in storage on 28 tankers at sea—part…

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Mexico’s energy reform is rolling, albeit with training wheels

July 21, 2015
By
Oil rigs

Understanding the connection between energy and economic growth, Mexico’s President Enrique Peña Nieto set out to reform his country’s energy policy and invite outside intelligence and investment to boost slumping oil output. In late 2013, he succeeded in getting the constitution amended to allow private and foreign companies to explore and produce oil and gas in Mexico—for the first time in nearly eight decades. The amendments put an end to the government monopoly. Foreign companies can now compete with, or partner with, Pemex—the national oil company. Nieto hopes his reforms will bring in $50 billion in investment by 2018. The…

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Japan – the other nuclear country

July 14, 2015
By
logo

Following the March 2011 earthquake and tsunami that caused the severe accident at the Fukushima No. 1 nuclear reactor in northeastern Japan, all nuclear reactors were gradually switched off for inspections. No commercial reactor has been online in Japan for nearly two years. Due to safety concerns, the country’s nuclear power generation has been at a standstill. Meanwhile, new regulatory standards have been developed and reactors are undergoing inspections. Prior to 2011, nuclear power provided nearly one third of Japan’s electricity. Lost power-generation capacity has been replaced by importing pricey fossil fuels. Japan has few natural resources of its own.…

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Renewable energy success comes on the backs of taxpayers

July 7, 2015
By
How green energy works

If you live in the United States, vote, pay taxes, and get your electricity from a utility company, you’ve helped the solar power industry. You support the solar industry through a variety of tax and regulatory policies—voted in by politicians you elected—that favor it over other lower-cost forms of electricity generation. For instance, when you read such headlines as CNBC’s touting “Solar power’s stunning growth,” realize that it’s thanks to you—even if you’ve never even thought of putting solar panels on your roof or live in an apartment where you couldn’t install them if you wanted to. The CNBC story…

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Supreme Court EPA decision: Some good news and some bad news

July 4, 2015
By
EPA Regulations

The Supreme Court (SCOTUS) has been harsh on the Obama Administration’s regulatory overreach (remember Hobby Lobby and the National Labor Relations Board vs. Noel Canning decision) and this week’s decision on mercury and air toxics standards for power plants—known as the MATS regulations—serves as a severe smack down and has the potential to impact future regulations like the Clean Power Plan (CPP), which is even more far-reaching and costly than MATS. Addressing CPP, American Electric Power President and CEO Charles Patton sees that the ruling “provides the basis for future litigation.” A multi-state coalition tried to stop the proposed CPP…

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