Upon a Congressional declaration of “the public interest” and to “promote the general welfare,” the Department of Energy Organization Act of 1977 centralized the federal government’s energy functions. The new agency was premised on five beliefs:
DOE’s rationale of market failure and government success has flipped. Today, it is government failure and market success. Oil and gas are more abundant now than 37 years ago; oil imports are decreasing to levels thought impossible just a decade ago; politically correct renewable energy remains uneconomic (note the wind industry’s dogged pursuit of the production tax credit); and mandated conservation has present costs and speculative future benefits (hence the coercion).…
“Pauses as long as 15 years are rare in the simulations, and ‘we expect that [real-world] warming will resume in the next few years,’ the Hadley Centre group writes…. Researchers … agree that no sort of natural variability can hold off greenhouse warming much longer.”
– Richard Kerr, Science (2009)
That’s Richard A. Kerr, the longtime, award-winning climate-change scribe for Science magazine, the flagship publication of the American Association for the Advancement of Science. The article, “What Happened to Global Warming? Scientists Say Just Wait a Bit,” was published October 1, 2009.
The article is important in the history of climate thought because it captures neatly the (over)confidence of the scientists who turn to models to justify their faith that past overestimation will soon be reversed. Judith Curry’s recent discovery of F.…
“The only good national energy strategy is one premised on private property rights, voluntary exchange, and the rule of law. Not a central, government plan, but a decentralized we-the-people ‘plan’.”
Energy studies, energy plans. They are not new. We saw them in 1938, 1977, yesterday—and in years between.
Now, the smartest-guys-in-the-government-room will, once again, pontificate and propose more regulation and intervention on top of the tens of thousands of pages of directives that have built up in the last 40+ years. (The modern era of U.S. energy regulation began with Nixon’s wage-and-price-control order of August 1971.)
Usually, such studies come out with recommendations, which then turn into legislative proposals for a Congressional debate and a vote before reaching the President’s desk. But with President Obama legislating via Executive Order, expect the worst.…