Search Results for: "shale gas"
Relevance | DateAdults Reject Climate Catastrophe, Alarmists Bring In the Children (thoughts on Hansen’s latest)
By Robert Bradley Jr. -- April 3, 2014 8 Comments“Beware, the youth should also be told, of Climate Kings, Climate Queens, Climate Duces, and worse masquerading as infallible purveyors of truth. Climate Planning is the fatal conceit of Economic Planning on stilts.”
As has been well reported in the media, public opinion polls rate climate-change concerns at the bottom of environmental issues, not just issues in general (Gallup: 14 of 15, analyzed here). And the other side is getting increasingly desperate in their activism, which is even alarming climate alarmists.
One might argue that American adults are either misinformed, dumb, or ecologically uncaring. But a more rational explanation is that adults have heard both sides of the issue (ad nauseam) and reject climate alarmism. One way to interpret this is to understand that there are here-and-now real problems (the economy; budget deficits); energy prices matter (which means carbon rationing is a negative); global warming has flat-lined in the last decade (and more), contrary to predictions.…
Continue ReadingAttacks on Fracking Attack U.S. Consumers
By Steve Everley -- March 26, 2014 No Comments“The Wind Energy Foundation says wind and gas make for a “mutually beneficial relationship” and experts have identified how fluctuating electrical demand requires baseload sources like natural gas to keep the lights on. Proposing a ban on fracking – and by extension the natural gas it unlocks – is, in effect, tantamount to proposing to banish renewables.”
“Does the fracking boom kill renewables?”
That headline has become common recently, with public discussions raging over whether hydraulic fracturing – or, more specifically, the affordable supplies of natural gas it has unlocked – is driving investment away from renewable technologies.
To be sure, many of the debates on this particular question – natural gas or renewables? – are sincere and conducted in the well-known, boring “big thinker” policy circles. A Venn diagram showing the people having that conversation and the general public likely shows two circles that don’t intersect.…
Continue ReadingRepsol, Burned in Argentina, Comes to Alaska (but will the state’s tax reform survive referendum?)
By Dave Harbour -- October 25, 2013 No CommentsWould 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.…
Continue ReadingFrac Bounty: All Should Participate (resource creation for economic revival)
By Paul Driessen -- July 25, 2013 1 Comment“Deep Ecology adherents view fossil fuels as evil incarnate, and believe fervently in ‘peak oil’ and Climate Armageddon. They are frustrated that fracking guarantees a hydrocarbon renaissance and predominance for decades to come, and helps reduce carbon dioxide emissions without massive economic sacrifice.”
Anti-energy activists actively promote falsehoods about the vital, safe, job-creating hydraulic fractionation. They inhabit a callous parallel universe to wage war on affordable, plentiful energy–and quality, sustainable jobs. Such a war targets those who need jobs and lower costs the most.
It is time for all thinking, good people–Democrat and Republican–to welcome the oil and gas treasure unleashed by new technology in every locality and state where private property rights are respected. And, as Bret Stephens wrote in the Wall Street Journal, it is high time for environmentalists to think.…
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