“On-grid solar is a perfect storm for taxpayers: concentrated benefits for the industry, diffuse cost for ratepayers and taxpayers, and a strong positive public sentiment for solar created by energy Malthusians.”
I have been a passionate solar energy enthusiast since I was 13 years old. My 8th grade science project was a solar powered car. I read everything I could about fuels cells, solar cells, microwave beaming solar-powered satellites, battery chemistry, ocean thermal energy, wind power, and compressed gas storage.
In college, I studied engineering focusing on solar energy. I now run a solar company which I started 13 years ago in Tucson, Arizona. SunDanzer Development designs, manufactures, and sells solar-powered refrigerators for off-grid use and vaccine storage. My solar refrigerator design was recently selected as NASA’s Commercial Invention of the Year for 2011.…
Continue Reading“The infant industry argument is a smoke screen. The so-called infants never grow up.”
– Milton and Rose Friedman, Free to Choose (Harcourt Brace Jovanovich, 1979), p. 5.
The 20-year-old production tax credit (PTC) has not done its work yet, claims the American Wind Energy Association (AWEA). It should be extended …. and extended … and extended.
The credit, now worth about 2.2 cents per kWh, or 40 percent or more of the wholesale average price of power, was first enacted in the Energy Policy Act of 1992, and has been extended six times, sometimes retroactively to cover the entire period without lapse.
What are the key facts regarding this subsidy to qualifying renewable energies, primarily electricity generated from wind and solar? This summary by the Institute for Energy Research (of which I am CEO) provides much good information for the ongoing debate given that the PTC is set to expire at the end of this year.…
Continue ReadingElections have consequences, and the upcoming one promises to have dramatic impacts for our energy-driven economic future.
Consider what each major contender has said regarding these key issues, with the incumbent promoting an “all of the above, but not too much fossil fuel” policy, and the major challenger promoting more of an “all of the best” energy policy.
Oil and Gas
The energy industry begins from the ground. The two candidates’ drilling policies are markedly different.
Obama: Last May, President Obama seemed to be expressing a drilling epiphany when he said: “we should increase safe and responsible oil production here at home.” There was his oil moment in Cushing, Oklahoma. Yet nearly two-thirds of federal lands are currently off-limits to drilling and mining, and leasing has slowed in recent years.
Oil production has been declining on federal lands, while booming on private and state lands.…
Continue Reading