“Let’s stop politicalizing our electricity supply. Let’s eliminate all tax credits for energy production. Let’s require that utility scale generators produce firm, dispatchable capacity, and eliminate those that don’t.
Let’s demand that electricity grids and their regulators provide abundant highly reliable and secure electricity consistent with the most informed notions of public health. Abundant electricity will offer consumers real choice, resulting in lower prices and increased value.”
The most recent effort by those seeking profit from “green energy” evidently presumes that rate and taxpayers, if not most of the country’s citizenry, were born yesterday. Which made me think of Billie Dawn’s wicked malaprop in the movie classic, Born Yesterday: “This country and its institutions belong to the people who inhibit it.”
Few initiatives better illustrate how the nation’s future is being seized by those who would inhibit it than last week’s plea to “stop politicizing green energy.” …
Continue ReadingArticles on this blog have consistently made the point that shale gas in the U.S. represents an unprecedented pathway to abundant, low-cost, clean energy supplies. In previous posts it was noted that unconventional gas resources, combined with new production technologies, could potentially break the global oil-natural gas price bond, just as has happened in the U.S.
Shale gas is now subject to active exploration in England, Australia, Poland, Ukraine, China, India, and to a lesser extent, South America. Canada has already moved to the development stage with its shale formations in British Columbia (Montney and Horn River). Mexico shares the prolific Eagle Ford shale formation with Texas, but its state-owned PEMEX has done little to develop that resource yet.
Other nations have rejected the gift of unconventional gas. Romania and Bulgaria, both heavily dependent on Russian gas, have said “no” to shale gas production, as has France.…
Continue Reading“The United States Court of Appeals for the D.C. Circuit issued a decision affirming EPA’s first round of greenhouse gas (GHG) regulations in all respects.”
Last year, I outlined the case being made against the EPA’s issuance of greenhouse gas (GHG) emissions regulations. The case was being brought before the Washington D.C. Circuit Court of Appeals by a group of petitioners which have become collectively known as the Coalition for Responsible Regulation, and made up of large number of businesses, business associations and several states. The petitioners argued on several different grounds that the EPA was wrong in the way that it determined that GHGs were an endangerment to the public health and welfare as well as in the manner in which it was going about issuing regulations.
Earlier this week, the Court handed down its decision—a unanimous finding in support of the EPA on virtually all counts.…
Continue Reading