“In terms of affordability, availability and scalability – methanol and ethanol are the best prospects to [displace oil in transportation] quickly.”

– John Hofmeister, quoted in John Holeywell, “Q&A: He Ran Shell Oil Co. – and He Thinks We Use Too Much Crude,” Houston Chronicle, September 19, 2014.

Milton Friedman once opined: “The two greatest enemies of free enterprise in the United States … have been, on the one hand, my fellow intellectuals and, on the other hand, the business corporations of this country.”

Enter T. Boone Pickens, crony capitalist extraordinaire. Enter John Hofmeister, former president of Shell Oil Co. (2005–2008), the Houston-based U.S. subsidiary of Royal Dutch Shell. [1]

Hofmeister maliciously titled his signature book, Why We Hate the Oil Companies: Straight from an Energy Insider.…

“One acre or 1,500 acres? 88 percent capacity factor or 22 percent? Less than $1,500,000 per megawatt of capacity or $6,400,000 per megawatt? Location near the customer load or remote? Highly dispatchable electricity or non-dispatchable? Do we need to really ask these questions.”

The huge California Valley Solar Ranch (CVSR) central-station solar plant is apparently now at “full power” thanks to a loan guarantee from the U.S. taxpayers of $1,237,000,000. Information regarding this project has been published here by Earthtechling, and also here, by the U.S. Department of Energy.

In an earlier article by Eric Lipton and Clifford Krauss in the New York Times entitled A Gold Rush of Subsidies in Clean Energy Search, the full cost of the project was established as $1.6 billion. Lipton and Krauss indicate:

The project is also a marvel in another, less obvious way: Taxpayers and ratepayers are providing subsidies worth almost as much as the entire $1.6 billion cost of the project.

“In the current energy debate, the diligent amateurs are often the real pros, and too many ‘pros’ are amateurish.”

MasterResource continues apace as a movement-wide voice of free market energy scholarship. Nearly 150 different authors have been featured at our site since its inception in late 2008. Total views have surpassed 1.3 million, with many visits by those searching on a topic relevant to past posts.

MasterResource is rated a top 30 (of 10,000) “green blog,” and a “Top 100” Science blog, according to Technorati.

With 435 categories in our extensive index, MasterResource is a research tool, not only a timely contribution to energy scholarship and current political debates. We are Google friendly with many energy terms (try one with ‘masterresource’).

I have lauded our ‘talented amateurs’ in previous activity reports.…

“The [EPA] Proposal ignores the obvious association between increased GHG emissions and positive health and welfare benefits. GHG emissions and improving quality of life are associated because the economy runs on energy, and that energy is principally derived from fossil fuels.”

Several detailed and extensive comments were submitted to the U.S. Environmental Protection Agency (EPA) regarding their proposed Standards of Performance for Greenhouse Gas Emissions for New Stationary Sources: Electric Utility Generating Units documenting new and influential science that the EPA did not assess when issuing the proposed standards. Instead, EPA simply deferred to their Endangerment Finding that they issued in December 2009.

As yesterday’s post pointed out, a lot is new in the rapidly evolving field of climate (change) science, and thus the EPA Endangerment Finding is getting a bit stale—or should I say becoming “endangered.”…