“The debate over a carbon tax is now not just one of theoretical speculation; proponents need to explain why the U.S. outcome would be different from what actually happened in Australia.”
“Wind power simply cannot be scaled up to replace traditional energy sources such as fossil fuels and nuclear power….Wind subsidies might make a few people rich, but they won’t make wind a free market success story.”
– Josiah Neeley (below)
Time is relentless when it comes to the advantages from mineral-energy density and disdavantages from wind and solar intermittency. Such energy reality creates a sharp divide between consumer-chosen free-market energy and government-directed political energy. Or more bluntly, voluntary choice and coerced choice.
And when it comes to the carbon tax, real-world politics bats last, evicerating any theoretical scheme to implement a (God-like) revenue-neutral, equity-adjusted, border-adjusted carbon-dioxide (CO2) tax.…
Continue Reading“The top-down approach by many [Peak Oil] analysts tends to ignore the explanatory variables behind oil supply trends. [They] merely extrapolate recent trends, especially if they are declining. Oil prices, fiscal regimes, and other factors that influence investment and supply trends are ignored….”
“While it is true that the success of any given wildcat cannot be predicted, you can forecast that discoveries will continue to occur and that a certain percentage of exploratory wells will find oil. And where the resource base has a history of exploration, the confidence about discoveries grows, especially in terms of the success rate.”
Abstract: The presumption that the inability to predict a given oil field discovery translates into an assumption of no discoveries is a primary factor behind neo-Malthusian pessimism about oil supply. Given data for a basin, it can be safely assumed that a certain level of discoveries will continue.…
Continue Reading“Mr. Anderson and the Energy and Policy Institute marginalize themselves by assuming what must be debated. Thinking persons want to know about tradeoffs: economic and environmental. And what about the fact that Tom Stacy has been and mostly is a volunteer for his cause, unlike Anderson who gets a nice full-time, six-figure salary for his?”
It is strange to read a perfectly normal, accurate biography of someone only to realize that the other side is using facts to try to smear someone for doing a sensible thing.
And for Tom Stacy, that “thing” is pushing back at the grassroots level against monstrous industrial wind turbines that are environmentally invasive, anti-consumer, and anti-taxpayer.
Yet mainstream environmentalists, favoring high prices and less reliability for the master resource of energy, not to mention environmental energy sprawl, pretend that there is an inherent social good in renewable energies that are inferior in every which way.…
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