The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).

A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.

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Some of the more informative articles in this issue are:

The Big Sunshiny Lie

Fraud and Corruption in the Power Generation Industry

Appeals court blasts US Government’s view of key bird law

Study: Intermittency of UK Wind Power Generation 2013 and 2014

CO2 Emissions Reductions – What History Teaches Us

Wind Energy’s Claim that it’s “Clean” is not true

Saving the Environment from Environmentalism

Study: Energy Efficiency Investments Do NOT Deliver

Models vs.…

“In 2014, more than 40 percent of its resources went to renewable energy projects. Environmental advocacy groups such as Greenpeace largely support OPIC’s recent emphasis on renewable energy, but still criticize OPIC’s continued support of energy-related projects that use fossil fuels.”

A small victory for taxpayers and cronyism foes occurred today with the expiration of the charter of the Overseas Private Investment Corporation (OPIC), a government lending agency. The agency is still open, but like its sister the Export-Import Bank (EXIM), whose charter expired this June 30, it cannot engage in new business.

OPIC and EXIM remain open to service existing loans, however, and reauthorization would bring them back to full life.

Background

OPIC’s three key policy objectives are to:

1. Stimulate economic development in developing countries;
2. Make foreign policy gestures on behalf of the U.S.

“The anti-fossil fuel environmental movement is in despair. For decades, proponents of the ideology of sustainable development preached that humanity was running out of oil and gas, that consumption of hydrocarbons was destroying the climate, and that renewable energy was rapidly becoming a cost-effective alternative. But the Shale Shock has slain peak oil and promises low-cost oil and gas for centuries to come.”

The world has changed. Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world’s people. This is not a short-term event. Citizens, industries, and nations will be impacted for decades to come.

We are witnessing a modern energy miracle. For more than 30 years, US crude oil production fell from 9.6 million barrels per day in 1970 to 5 million barrels per day in 2008.…

“The wind PTC is critical to President Obama’s recently finalized carbon regulation. One of the ‘building blocks’ used to determine state targets includes significant increased installation of renewable energy—especially wind…. Without taxpayer subsidies like the PTC, the President will be unable to achieve his arbitrary renewable energy target.”

It is time for Republicans and fiscally-minded Democrats to put up or shut up on the centerpiece of Obama energy policy: the Production Tax Credit (PTC). It is high time that cronyism be replaced by an energy policy that is taxpayer-neutral and government-neutral. Obama’s climate alarmism and world government plans can only benefit from a 10th extension of this grievous government subsidy to the Enrons and GEs of the world.

This week, the American Energy Alliance, Heritage Action for America, Club for Growth, and Americans for Prosperity sent a letter in stark opposition to the PTC to the House Ways and Means Committee.…