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Relevance | DateFERC’s Wellinghoff: An Energy Technocrat Steps Down
By Travis Fisher -- June 17, 2013 4 Comments“It is difficult to overestimate Jon [Wellinghoff]’s impact on the electricity industry in recent years — or for that matter in the years to come.”
–Dan Delurey, Executive Director of the Association for Demand Response and Smart Grid
As the administrative head of an agency with approximately 1,500 employees and a $300+ million budget, the Chairman of the Federal Energy Regulatory Commission (FERC) sets the priorities of an otherwise fairly independent agency. [1] Current Chairman Jon Wellinghoff recently informed the Obama administration he would not seek an additional term, ending a seven-year stay as Commissioner (2006–09) and as Chairman (2009–2013).
Wellinghoff was appointed a FERC Commissioner in 2006 by President Bush, largely on the support of Harry Reid, his fellow Nevadan and ally in the Senate. With Reid’s continued support and a staunchly pro-renewable record at FERC, Wellinghoff was promoted by President Obama from Commissioner to FERC Chairman in 2009.…
Continue ReadingEternal Vigilance: Federal Energy Spending Tracker (www.energysubsidies.org)
By Robert Bradley Jr. -- June 12, 2013 4 Comments“Eternal vigilance is the price of liberty. Power is ever stealing from the many to the few.”
– Wendell Phillips (1852)
Government wealth transfers from the many to the few is called the concentrated benefits, diffuse costs problem. Certain companies and projects get the loot–one hundred cents on the dollar–while the rest of us (taxpayers) pay an incalculable fraction per redistributionist dollar.
Democracy is perverted too because the majority would say “no” if directly asked but are far too busy tending to their own (nonpolitical) lives. Michael Giberson found this in a 1935 book explaining the passage of the Smoot-Hawley Tariff of 1932:
… Continue ReadingAlthough . . . theoretically the interests supporting and opposed to legislation . . . are approximately equal, the pressures upon Congress are extremely unbalanced.
The Free Market Energy Movement: Strong Theory, Rich History, Real-World Momentum
By Robert Bradley Jr. -- June 7, 2013 1 Comment“It’s not unlawful to run an ad hominem presidency. It’s merely shameful. The great rhetorical specialty of this president has been his unrelenting attribution of bad faith to those who disagree with him. He acts on principle; they from the basest of instincts.”
– Charles Krauthammer, “There’s a Fly in My Soup,” Washington Post, May 23, 2013.
The alarmist/statist side of the energy/environmental debate is losing intellectually and now politically. The agenda of inferior energies simply cannot stand up to a combination of analytic failure, government failure, and real-world realities. The oil and gas boom … the cessation of global warming; improving air and water quality … alternative energy busts ….
And as the alarmists have become ever more argumentative and shrill, even (former) allies and sympathizers are seeing a quasi-religious, nonintellectual, even ugly aspect to the Climate Progress view of the world.…
Continue ReadingRex Tillerson (Exxon Mobil) on Climate Change (energy/climate realism trumps alarmism)
By Robert Bradley Jr. -- June 4, 2013 8 CommentsAt the May 29, 2013, annual meeting of Exxon Mobil in Dallas, CEO Rex Tillerson adroitly responded to questions concerning the human influence on climate and energy choices in light of climate science. His points? The science is uncertain as to the magnitude of change; there has not been warming in the last decade; and fossil fuels are necessary for the masses, particularly the energy poor. As he asked a questioner:
How do you want to deal with that great social challenge to what good is it to save the planet if humanity suffers in the process of those efforts when you don’t know exactly what your impacts are going to be?
Friendly Floor Comments
Some statements from the floor were friendly. “It’s funny,” said one. “You have helped to find enough oil and gas in this country so that the protestors here [could] leave their heated and air conditioned homes and fly and drive here so they can protest the way Exxon runs their business.”…
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