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The ‘New’ Confusion About Planning: T. Boone Pickens and Energy Public Policy

By Robert Bradley Jr. -- May 15, 2013

“[A]s my father liked to tell me, ‘Son, a fool with a plan can beat a genius with no plan any day.’ Right now, when it comes to America and our effort to achieve greater energy security, we’re a foolish nation without a plan.

If it were up to me, America’s energy plan would have ….”

– T. Boone Pickens, Leadership Absent on Energy Plan,” Omaha World-Herald, May 1, 2013.

“The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.”

– F. A. Hayek, The Fatal Conceit: The Errors of Socialism (1988), p. 76.

T. Boone Pickens, the author and marketer of three national energy plans (see yesterday’s post), is a “man of system,” to use Adam Smith’s phrase from the mid-18th century.

Pickens Plan III: More Retreat but Still Errant (SPR oil for nat gas)

By Robert Bradley Jr. -- May 14, 2013

When it comes to energy, T. Boone Pickens esteems government planning. When asked about President Obama’s recent proposal for an Energy Security Trust, Pickens responded:

That starts to talk about a plan. He’s going to fund something to start something…. Make a plan … and do something different.

And low and behold, Pickens is crusading with yet another energy plan, his third in the last six years. As before, his animus is against Big Oil (see Appendix) and his fondness for personal dollars.

Pickens Plan III proposes that the federal government sell oil from the Strategic Petroleum Reserve (SPR) to jump-start the costly transition from oil to natural gas to fuel transportation. We don’t know the details yet, but T. Boone in March began pushing his new plan in the national media and local press.…

“Wind Power: A Turning Point” (Revisiting Worldwatch Institute Paper #45 from 1981)

By Robert Bradley Jr. -- May 6, 2013

“From all signs, the wind-energy field has reached that all-important turning point.”

– C. Flavin, Wind Power: A Turning Point (Worldwatch Institute: July 1981), p. 47.

Christopher Flavin, long associated with the Washington, DC-based Worldwatch Institute (see appendix below), was among the most thoughtful and prolific energy writer in the neo-Malthusian energy/environmentalist camp. His tone was positive, his writing clear, and his research well documented. Flavin’s work is scholarly compared to his (shrill) predecessor, Lester Brown, the founder of WorldWatch. Still, Flavin’s final products are little more than lawyer briefs for energy/climate alarmism.

Flavin is now paying the price for assuming alarmism to hype market-incorrect energies. He banked on wind and solar as primary energies despite the fact that they were dilute, intermittent, and environmentally invasive. Flavin pretty much forgot his early caution and warnings about windpower (see his introduction to Paul Gipe’s Windpower Comes of Age).

Right Stuff: NASA Scientists Weigh In to Undo Hansen Damage with Balance-of-Evidence Summation

By Robert Bradley Jr. -- May 1, 2013

Dow Chemical (et al) vs. LNG Exports: An Intellectual, Political Embarrassment for Business

By Robert Bradley Jr. -- April 25, 2013

Thatcher & Global Warming: From Alarmist to Skeptic

By Robert Bradley Jr. -- April 11, 2013

A Federal Energy Board? (Hofmeister’s Idea Is Old, Bad)

By Robert Bradley Jr. -- April 4, 2013

Response to Media Matters on Wind Power Accidents (dilute or dense energy for health & safety?)

By Robert Bradley Jr. -- April 2, 2013

Cronyism on Trial: Introducing Crony Chronicles.org & Study of American Capitalism Project

By Robert Bradley Jr. -- March 29, 2013

Lights On! Human Achievement Hour Tomorrow Night (March 23: 8:30–9:30 pm EST)

By Robert Bradley Jr. -- March 22, 2013