“Georgia … Texas … Arizona…. One story is an anomaly; two, a coincidence; three, a trend. When a so-called conservative Republican talks green energy and sounds like he or she is hitting the right notes, be careful. It’s probably the wrong song.”
Creating jobs…. enlarging the tax base… access to markets … energy choices for consumers…. monopoly busting … resource conservation….
The words and terms are being used by two government dependent renewable energy industries to sucker citizens and legislators to retain, if not enlarge, their taxpayer subsidies and ratepayer cross-subsidies in the current energy debate.
Make no mistake: This is an organized attempt to hoodwink Republicans, conservatives, limited-government and free-market supporters, and even fiscally minded Democrats. Yet the means and ends of the deceivers are 180 degrees from what ordinary fiscally prudent citizens would support if they understood the gloss and what was underneath the hood.…
Continue ReadingThe Alliance for Wise Energy Decisions (AWED) is an informal coalition of more than 10,000 individuals and organizations interested in improving government energy & environmental policies. Our basic position is that technical matters like these should be addressed by using Real Science. It’s all spelled out at WiseEnergy.org, which is an exceptional collection of helpful resources.
A key element of AWED’s efforts is public education. Towards that end, every 3 weeks we put together a newsletter to balance what is found in the mainstream media about energy and environmental matters. We appreciate MasterResource for their assistance in publishing this information.
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Greed Energy Economics:
… Continue ReadingAmerican Renewable Energy — a National Kamikaze Mission?
Utility CEOs Call for End to Subsidies for Wind, Solar Power
Assessing the Cost of Wind Energy (Which was then followed up by this MR article, with good comments.)
Would you rather invest your money in a safe or an unsafe place? Spanish oil and gas company Repsol, the 15th largest hydrocarbon entity in the world, has answered that question by shifting its attention from Argentina to Alaska and other areas inside the Organization for Economic Cooperation and Development.
Background
In 1998 Repsol paid $13 billion for nearly 60% of YPF, the Argentine oil company. In 2010, Repsol discovered a significant oil shale play in an area called Vaca Muerta. All seemed well for the investor and for locals for greater economic activity and more energy.
But in 2011, Argentine President Cristina Fernández de Kirchner nationalized 51 percent of YPF, leaving Repsol with 6.4 percent ownership . Repsol wants $10.5 billion in compensation; Argentina’s most recent offer is $1.5 billion.…
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