“Increasing the affordability of both U.S. and global energy is an important economic and humanitarian objective. Policy makers heeding the time-honored healer’s maxim, ‘First, do no harm,’ should reject policies to tax and regulate away mankind’s access to affordable energy.”

It is titled Free to Prosper: Energy and Environment: A Pro-Growth Agenda for the 116th Congress. It is the work of the energy and environmental stalwarts at the Competitive Enterprise Institute, the organization long led by Fred L. Smith Jr. and now directed by Kent Lassman. And as always, it is reliable scholarship to inform both sides of the political aisle.

The energy White Paper is part of a broader book, Free to Prosper. The eight areas other than Energy and Environment are Regulatory Reform and Agency Oversight; Trade; Banking and Finance; Private and Public Lands; Technology and Telecommunications; Labor and Employment; Food, Drugs, and Consumer Freedom; and Transportation  That’s a lot of the federal matrix of public policy.…

“The modern history of wind power and on-grid solar power can be summarized in four words: economically incorrect, politically correct. U.S. companies invested heavily in renewable energy technologies in the 1970s/80s only to suffer losses and, in most cases, to exit. Only massive taxpayer and consumer subsidies in the 1990s reversed these market verdicts, leading to today’s government dependence.”

Last week, the Texas Public Policy Foundation (TPPF) published my research paper, The Economic Fall and Political Rise of Renewable Energy. This study is drawn from chapter 13 of Enron Ascending: The Forgotten Years, 1984–1996, which reviewed Enron Corp.’s game-changing forays into solar power (1995), wind power (1997), as well as in other alternative energies.

Major Points

The Press Release made these five points:

• Renewable energy had almost a 100% market share throughout human history until it was replaced by more affordable and efficient mineral, carbon-based energies that powered the industrial revolution and vastly increased living standards.

“I have applied Simon’s framework to the issue of climate change, although my historical perspective allowed me to see more of the forest rather than obsess about a few trees. Try as I might, I just cannot ignore the unique and large-scale benefits brought to humanity by the ever increasing use of carbon fuels (e.g., from longer lives and better health to cleaner air and water, more abundant food and reforestation).”

Yesterday, Pierre Desrochers and Joanna Szurmak, summarized their new book, Population Bombed! Exploding the Link Between Overpopulation and Climate Change. Today, MasterResource is pleased to interview Professor Desrochers about his latest book.

Q. In his 1981 classic, The Ultimate Resource, Julian Simon decoupled population growth from resource depletion, rising pollution, food supply, and other popularly believed barriers to progress.…

“The tendency to exaggerate the appeal of renewables is hardly new…. Except that renewables seem to fare poorly in the real world.”

“The much-hyped ‘mass market’ Tesla Model 3 is still appearing only in the more expensive versions, from $50,000 to $85,000, rather than the $35,000 promised sticker price that was promised to appeal to the average consumer, not the luxury car driver.”

Yet another study has appeared warning of peak fossil fuel demand, which is certainly a popular topic with the media as the heavy fire season in the Southwest and hot European summer convince many that global warming is more threatening (and urgent) than it appeared to be last summer.

Unfortunately, this attention is not the result of reasoned analysis so much as the sexiness of the issue—at least in the minds of the public and the media.…