“Cap-and-Trade” Is Dead–Will the “Federal Renewables Mandate” Be Next? (An “environmental tea party” may be brewing against industrial windpower)

By Robert Bradley Jr. -- January 20, 2010 9 Comments

Temperature trends, Climategate, Copenhagen, IPCC falsification, and now the Massachusetts Revolution–cap-and-trade is dead, the political pundits say. So much for the  inevitability argument that I heard from my colleagues during the Enron years (“come on Rob, get out in front of it and shape it!”), as well as the science-is-settled that had been the Word.

But what about a scaled back energy/climate bill with the key provision of a federal renewables mandate? Has the ‘Massachusetts Revolution’ killed that too?

We will soon find out. But one thing can be certain: Americans from coast-to-coast and border-to-border are going to look more closely at wind power, and I do not believe they are going to like what they see. (Enron, anyone?) Witness the growing complaints from the grass roots–including in-the-trenches real environmentalists–that industrial wind is intrusive, costly, and unreliable.

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Remembering When Enron Saved the U.S. Wind Industry (January 1997)

By Robert Bradley Jr. -- January 19, 2010 9 Comments

January 7, 1997, some 13 years ago, was one of the worst days in my 16-year career at Enron. Enron had already entered into the solar business (1994) in partnership with Amoco (Solarex), and the U.S. wind industry was on its back. Zond Corporation was struggling, and rival Kenetech had recently suspended its dividend and was on the way to  bankruptcy. Enron bought Zond on this day and renamed it Enron Wind Company.

Enron Wind would never turn a profit, and it would be sold in May 2002 by the bankrupt parent to GE. (GE and Enron would have other ominous parallels.)

Enron came in at just the right time for a troubled, undeserving industry by

  1. Putting a big-name corporation in the U.S. wind industry for the first time;
  2. Issuing countless press releases on ‘wonderful’ green wind for the next several years; and
  3. Successfully lobbying Texas politicians to enact the most strict renewable mandate in the country in 1999.
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‘The People vs. Cap-and-Tax’: James Hansen and the Left’s Civil War on Climate Policy

By Robert Bradley Jr. -- January 17, 2010 7 Comments

“Washington appears intent on choosing a [cap-and-trade] path defined by corporate greed. Unless the public gets engaged, the present Administration may jam down the public’s throat just such an approach, which, it can be shown, is not a solution at all.”

“Cap-and-trade’s complexity provides a breeding ground for special interests…. [T]ry reading the Waxman-Markey 2,000-page bill to figure out who would get the money! Why do those special interests deserve it anyhow?”

– James Hansen, “The People vs. Cap-and-Tax,” paper delivered to the Chairperson of the Carbon Trading Summit, New York City, January 12, 2010.

James Hansen is losing patience. He is upset at the Obama Administration and its advisors, such as John Holdren (read his futile letters). Hansen is mad at the New York Times; after all, he got suckered by their editors and by Paul Krugman regarding his pre-Copenhagen opinion-page editorial.…

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Energy Innovation as a Process: Lessons from LNG

By Vaclav Smil -- January 11, 2010 1 Comment

Modern technical innovations operate unlike the traditional, pre-industrial advances: they too have their phases of gradual improvements based on tinkering and everyday experiences with running a machine or a process. But the initial accomplishments result almost invariably from deliberate and systematic pursuits of theoretical understanding. Only once that knowledge is sufficiently mastered the process moves to its next stage of experimental design followed by eventual commercialization.

That is precisely how Charles Parsons, Rudolf Diesel, and their collaborators/successors invented and commercialized the two machines that work–unseen and unsung–as the two most important prime movers of modern economies:

steam turbo-generators, which still generate most of the world’s electricity and

diesel engines, which power every tanker and every container ship besides energizing most of the trucks and freight trains.

The process of process is also how we got gas turbines (jet engines) and nuclear reactors, and many other taken-for-granted converters and processes.…

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Power Politics: Enron Lives! (From Ken Lay’s “natural gas standard” to cap & trade today)

By Robert Bradley Jr. -- December 5, 2009 2 Comments Continue Reading

Industrial Wind Technology: Interview of Jon Boone by Allegheny Treasures

By Jon Boone -- October 31, 2009 14 Comments Continue Reading

The Rest of Waxman–Markey: Caveat Emptor!

By -- October 26, 2009 4 Comments Continue Reading

Forced Coal-Plant Conversions to Natural Gas: False Hope for “Cheap” Climate Action

By Robert Peltier -- October 10, 2009 5 Comments Continue Reading

Energy Malthusianism in the Sweep of History (and Rockefeller, Insull, and Lay)

By Robert Bradley Jr. -- September 12, 2009 7 Comments Continue Reading

On the Fall of Enron and Ken Lay: ‘Philosophic Fraud’ at an Errant Energy Company (and cap-and-trade, renewables forerunner)

By Robert Bradley Jr. -- September 10, 2009 3 Comments Continue Reading