“Gore’s Greenness Fades” (remembering a 2000 WP article in light of this week’s Global Climate Summit)

By Robert Bradley Jr. -- September 11, 2018 1 Comment

“Gore the Policy Apostle can utter statements that most colleagues would regard as wildly impolitic: calling for elimination of the internal combustion engine by 2020 or denouncing excessive consumerism in Western nations as evidence of a ‘dysfunctional civilization.’ Gore the Politician, say some of these people, is prone to brooding over the electoral risks of his beliefs.”

“… environmentalists note that the [Clinton/Gore] administration since [the Kyoto Protocol of 1997] has done little to build support for the treaty’s passage or to reduce U.S. emissions.”

 – John F. Harris and Ellen Nakashima, “Gore’s Greenness Fades,” Washington Post, February 28, 2000.

A niche of MasterResource is remembering the past to inform the present in energy/environmental policy debates. With a strong worldview and historical perspective, this emphasis is a rich vein to mine.

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Corporate Cover for the Environmental Left in the 1990s (“Enron Ascending”)

By Robert Bradley Jr. -- September 6, 2018 5 Comments

“Under [Ken] Lay’s direction, Enron would restart the solar industry [in 1995], rescue the US wind industry [in 1997], and help legitimize the climate issue.”

“Enron saw green in green energy. Wind and solar as primary energies had new public policy rationales and powerful political constituencies. Specifically, global warming from fossil-fuel usage (via the enhanced greenhouse effect) was the new neo-Malthusian scare, and post–Gulf War concerns over energy security put petroleum on the defensive. Even more than this, renewables had public cachet for an energy company, particularly one that prized publicity and promoted a momentum stock.”

– Bradley, Enron Ascending: The Forgotten Years, pp. 530, 528, respectively.

Rent-seeking … strategic uses of government intervention…. corporativism. Many terms have described business lobbying within political capitalism where the political means replaces the economic means to financial success The result is bad profit, defined by classical-liberal entrepreneur Charles Koch as corporate income not created but politically obtained and thereby lost to the creators in the economic system.

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Energy & Environmental Newsletter: May 14, 2018

By -- May 14, 2018 1 Comment

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).

A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.

Some of the more important articles in this issue are:

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

Wind turbines dramatically decrease attractiveness of a tourist destination

Conservative Groups Take a Stand Against Carbon Tax

Introducing bill to ban non-disclosure clauses in wind contracts

Noise is the New Secondhand Smoke

Wind Turbine Construction Turning Ontario’s Water Supply to Toxic Sludge

NOAA/NWS document: wind turbines affect weather radar, create false storm impressions

The Connection Between Russia and Two Green Groups

Free Market Groups Call for Repeal of Clean Power Plan

Study: An empirical assessment: Have fossil fuels been substituted by renewables?

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The Craziest Regulatory Episode in US History: The 1970s Oil Reselling Boom

By Robert Bradley Jr. -- April 25, 2018 2 Comments

“When President Reagan decontrolled prices in January 1981, the regulatory arbitrage was over…. The strangest regulatory episode in US history was done.”

Economist Robert Murphy has summarized what I believe is the most unique, confounding, consequential regulatory episode in American history in his piece: “The Crazy Crude Oil Price Controls of the 1970s.” [1]

Yes, it happened some decades ago. But if you want to know why no economist in recent history has espoused price controls for crude oil and petroleum products, this experience rings loud today.

Basically, a large group of opportunistic middlemen seized profits that federal price and allocation regulation kept from the rightful industry parties (wellhead producers, in particular). It is the story of the unintended consequences of government intervention. Or entrepreneurial gaming in the face of regulatory constraints (with positive social outcomes in this case)–what Israel Kirzner called superfluous entrepreneurship.

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Energy & Environmental Newsletter: March 12, 2018

By -- March 12, 2018 2 Comments Continue Reading

DeSmog Blog: Guilty as Charged (‘hit’ profile looks good to me)

By Robert Bradley Jr. -- March 7, 2018 7 Comments Continue Reading

‘America’s Vast Energy Potential Awaits, Mr President’ (message to Obama revisited)

By Robert Bradley Jr. -- February 11, 2018 No Comments Continue Reading

Anatomy of a Debate: When Renewables ‘Lost’ at The Economist

By Jon Boone -- January 15, 2018 2 Comments Continue Reading

‘Dear Daniel Yergin: Give Alex Epstein the Microphone at CERAWeek’ (2016 Idea of Age in 2018)

By Robert Bradley Jr. -- January 10, 2018 2 Comments Continue Reading

WSJ Letter: ‘Some Inconvenient Truths of Wind and Solar’

By Robert Bradley Jr. -- December 13, 2017 3 Comments Continue Reading