MasterResource Update: The Progress Continues (3Q–2010+ report)

By Robert Bradley Jr. -- November 25, 2010 12 Comments

The free-market energy blog MasterResource is nearing its second anniversary (first post: December 26, 2008).  Our viewership has steadily grown, and we have reached as high as #7 on the “green blog” list of Technorati (as of 11/24: #32 out of 6,246).

The strength of MasterResource is the quality of our bloggers, some well-known names in the free market movement and others new names with now uncovered expertise. In particular, we have tapped into a talent base of individuals who are critics of industrial windpower, many of whom come from an environmental background and now appreciate the free market perspective.

We also appreciate the hundreds of comments that our blogs are generating, which is more talent bubbling to the top. In addition to supportive comments, we post critical comments that are in good taste.…

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Death to the Chicago Climate Exchange ($7.40 to a nickel per CO2 ton, the market has spoken)

By William Griesinger -- November 18, 2010 8 Comments

“One of the keystones of the Climate Change alarmist movement was its audacious attempt to create a functioning market by monetizing the atmospheric gas known as CO2…. Certainly, gaming the system has always been at the top on the agenda of the new green eco-trader.”

– Patrick Henningsen, “The Great Collapse of the Chicago Climate Exchange,” 21st Century Wire, August 28, 2010.

We were tipped off by the August 28th headline, “The Great Collapse of the Chicago Climate Exchange,” by Patrick Henningsen, editor of 21st Century Wire. And now it is official as reported by Chicago Business, Fox News , and Crain’s Chicago Business (sub. required): the Chicago Climate Exchange (CCX) is dead. Trading in carbon-dioxide (CO2) emission contracts at CCX has basically ceased with member emissions-reduction agreements expiring at the end of the year.…

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Road to Nowhere: Lomborg’s $250 Billion Throw for Renewables a Step Back for the ‘Skeptical Environmentalist’

By Jon Boone -- November 11, 2010 10 Comments

At a time when energy realists need to take the high ground, corporations are bringing us low. Some of this is old fashioned rent-seeking; some greenwashing; and some just political correctness (as if California was the world).

For weeks, Siemens has been running full-page ads for wind technology. Last week Chevron and Weyerhauser, in full-page ads, agree “IT’S TIME OIL COMPANIES GET BEHIND THE DEVELOPMENT OF RENEWABLE ENERGY.

The same slush is coming from GE, AES, BP, Shell, NRG, and a legion of corporations whose fundamental commodity is fossil fuel.

Do these multinationals really believe that wind and solar will put a dent in their fossil fuel market share? Or is something else afoot? One should note that nowhere does this renewable ballyhoo from today’s energy goliaths mention a word about saving the world from the devastation of climate change wrought by the consequences of fossil fuel use, although this was the tack Ken Lay took to steer Enron’s aggressive renewables course.…

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California’s AB 32 Still on the Hot Seat (Prop 23 Defeat Based on Economic Fallacy)

By Tom Tanton -- November 10, 2010 7 Comments

On November 2, California voters defeated Proposition 23 by 61 to 39 percent, rejecting a suspension of of the state’s Global Warming Solutions Act, otherwise known as Assembly Bill 32 (AB32).

California in general bucked a national trend on Election Day with all but one statewide office going to the Democrats. As of this writing, the Attorney General race has the Republican Steve Cooley slightly ahead in the vote count, but no official call has been made.

Pundits and politicians are making much about the Proposition 23 vote, but what does it really say? Equally important is the national message to be taken from the proposition’s defeat.

It is not what is being portrayed by the otherwise humbled Left environmentalists.

Mainstream Hype

Fred Krupp, president of Environmental Defense Fund, said the Prop 23 defeat sends “a big signal” to the rest of the country and the world that Californians stand firmly behind the law, which would cut greenhouse gas emissions in the state to 1990 levels by 2020.…

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Tom Pyle (IER) on the Election Results and Energy Policy (beware of ‘all of the above’ Republicans)

By -- November 3, 2010 14 Comments Continue Reading

Halloween Hangover: Ehrlich, Holdren, Hansen Unretracted

By Robert Bradley Jr. -- November 1, 2010 50 Comments Continue Reading

Solar Cheaper than Grid Nuclear? Think Again!

By Daren Bakst and Carlo Stagnaro -- October 20, 2010 14 Comments Continue Reading

The All-Electric Car: Think 132-Year Payback (DOE’s Sandalow shows us what not to do)

By Patrick Barron -- October 19, 2010 13 Comments Continue Reading

Bingaman’s Renewable Energy Standard: Another Proposed Energy Tax

By Daren Bakst -- October 13, 2010 10 Comments Continue Reading

Bill White: “In These Challenging Times, Enron Deserves Our Thanks”

By Robert Bradley Jr. -- October 12, 2010 2 Comments Continue Reading