CO2-Capture Coal Plants: A Ban by Another Name

By -- February 19, 2009 3 Comments

The top agenda item for many climate activists (James Hansen, for example) is stopping the construction of new coal-fired power plants. Coal is the most carbon-intensive fuel, and the carbon dioxide (CO2) emissions from new coal plants at various planning stages could swamp by as much as 5 to 1 all the emissions reductions the European Union, Russia, and Japan might achieve under the Kyoto Protocol. Either climate activists kill coal, or coal will bury Kyoto.…

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CERAWeek 2009: Why Didn’t Daniel Yergin Question Climate Alarmism–and Both Cap-and-Trade and Carbon Taxation?

By Robert Bradley Jr. -- February 15, 2009 2 Comments

At the just-completed CERAWeek, here in Houston, Daniel Yergin had an excellent opportunity to inject some scholarly realism into the climate-change debate. As a wise man of energy and an opinion leader, he could have stated publicly what many in the vast audience mutter privately, such as:

  1. Global warming has stalled in the last decade or more, bringing into question the high-sensitivity, high-warming scenarios of climate models (the major costs of climate change)
  2. Cap-and-trade CO2 reduction in the European Union has failed under a variety of metrics–deadweight costs, higher prices, very little gain, unintended consequences
  3. U.S. voters have put climate-change at the very bottom of their list of concerns and affordable energy high on their list of concerns
  4. What emerges from Congress in the next several years will be grotesque–almost regulation and higher energy costs for its own sake (with no appreciable effect on climate).
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Wishful Thinking on Energy (Who wants downgrades anyway?)

By -- February 13, 2009 1 Comment

One of the major problems in policy-making is wishful thinking, in particular a tendency to assume that people will act the way the policy-maker wants. (Military and even corporate planners also suffer from this weakness, and it is arguably the principle weakness in socialist economics.) This presumption is particularly evident when issues of morality—real or perceived—are involved, as in the case of many environmental policies.…

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John Holdren Told “Not to Make News” at his Confirmation Hearing

By Robert Bradley Jr. -- February 12, 2009 10 Comments

Joe Romm at Climate Progress reports that:

Both [John Holdren and Jane Lubchenco] have been told not to make news [at their confirmation hearings], so it could be as boring as Energy Secretary Chu’s hearing.

My eight-part series  on Dr. Holdren’s energy-related views documents a troubled history of exaggeration and intolerance that deserves some hard (and unavoidably) embarrassing questions. We will know in a matter of hours if this turns out to be the case.…

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Pielke, Jr.: “The Collapse of Climate Policy and the Sustainability of Climate Science”

By Robert Bradley Jr. -- February 11, 2009 1 Comment Continue Reading

The Strange Case of T. Boone Pickens

By Robert Bradley Jr. -- February 9, 2009 3 Comments Continue Reading

The Politicization of Business Prudence

By Robert Bradley Jr. -- February 8, 2009 2 Comments Continue Reading

Long Live Old King Coal?

By Robert Bradley Jr. -- February 4, 2009 11 Comments Continue Reading

W. S. Jevons (1865) on Energy Efficiency (Memo to Obama, Part IV)

By Robert Bradley Jr. -- February 2, 2009 3 Comments Continue Reading

W. S. Jevons (1865) on Waterpower, Biomass, and Geothermal (Memo to Obama, Part II)

By Robert Bradley Jr. -- January 30, 2009 4 Comments Continue Reading