A Free-Market Energy Blog

Windaction News Issue: August 1, 2013

By -- August 1, 2013

Windaction.org’s periodic newsletter keeps readers updated on the latest news in the wind energy industry!

Industrial Wind Alert!
facts, analysis, exposure of wind energy’s real impacts

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News

Siemens CEO resigns; Wind power profits drop In Q3  July 31
in North American Windpower
In its Q3’13 financial results, released Wednesday, Siemens reports that its Total Sectors profit was EUR 1.3 billion, a 31% drop from EUR 1.8 billion in Q3’12. The company’s profits for its Wind Power division dropped from EUR 66 million in Q3’12 to EUR 22 million in Q3’13.
Fairhaven BoH allows turbines back on overnight    July 31
by Ariel Wittenberg in South Coast Today  –  Massachusetts
The 2-1 vote accepted a proposal by turbine developer Fairhaven Wind LLC that would maintain round-the-clock operation of the turbines except in wind conditions when the state’s Department of Environmental Protection found the turbines to exceed state noise regulations.
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Milton Friedman on the Energy Crisis (and ObamaCare to come)

By Robert Bradley Jr. -- July 31, 2013

July 31st is the birth date of one of the great intellectuals of the freedom philosophy. Milton Friedman (1912–2006) would have been 101 today.

Friedman Legacy Day is being celebrated at 144 events: 90 in 44 states and Washington,D.C., and 54 events in 25 countries abroad. Here in Houston, a “Milton Friedman Rocks” party is tonight.

Friedman was more than a technical economist and early Nobel Laureate in this field; he was a popularizer of the case for free markets. His shorter tracts and biweekly column for Newsweek covered a variety of in-the-news issues, including energy. And he became more libertarian and appreciative of Austrian School economics (market-process economics), the rival to his Chicago School of economics, as time went on.

Friedman’s insight into the distortions from government intervention shortages are timeless.

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U.S. EPA’s Hyper Ozone Regulation: Deserved Pushback

By -- July 30, 2013

“EPA should not be allowed to fund illegal experiments, hire surrogates to scare and propagandize us, or impose excessive, fraudulent rules that kill jobs and harm human health and welfare. Nor should it have so much fat in its budget that it can waste our money on useless, unethical programs.”

The U.S. Environmental Protection Agency’s neo-Malthusian-inspired ecological battle against the economy centers upon mitigating emissions of the green greenhouse gas: carbon dioxide (CO2). But there is another part to the story: EPA’s rushed, hyper-restrictive standards for ozone.

Background

Under the Clean Air Act, EPA must set standards for ozone and other pollutants – and periodically review existing standards, to determine whether they are adequately protecting public health, or need to be tightened further.

In 1997, the agency reduced the permissible ambient ozone level to 84 parts per billion (equivalent to 8.4 cents out of $1,000,000).

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Energy Tax Preferences: Rid Them All (Cato letter to House working group revisited)

By Robert Bradley Jr. -- July 29, 2013
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U.S. Energy Policy: New Mindset Needed (‘energy security’ narrative must go)

By Peter Grossman -- July 26, 2013
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Frac Bounty: All Should Participate (resource creation for economic revival)

By -- July 25, 2013
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California Energy Policy: Southeastern States Beware

By Lance Brown -- July 24, 2013
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Wind Pricing: Not Cheap but Subsidized

By -- July 23, 2013
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Is the Carbon Tax Seance Over? (A reality check for a trumped-up ‘conservative’ cause)

By Robert Bradley Jr. -- July 22, 2013
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Eagle Ford: Texas Shale Star (Resourceship in action: III)

By Fred Lawrence and Ron Planting -- July 19, 2013
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