Bush 41 and Climate Policy: Launching a Mistake (1992 Rio Summit haunts us today)

By Robert Bradley Jr. -- December 10, 2018 3 Comments

“The United States fully intends to be the world’s preeminent leader in protecting the global environment. [E]nvironmental protection makes growth sustainable…. [This] recognition … by leaders from around the world is the central accomplishment of this important [United Nations] Rio Conference.”

 – George H. W. Bush, “News Conference in Rio de Janeiro, June 13, 1992.

“Bush restored federal subsidies to the Carter-era renewable-energy and energy-efficiency programs that had been cut under Reagan. All-Things-to-All-People Bush also signed the Clean Air Act of 1990, which took the acid-rain scare at face value, a signal about his openness toward the global-warming issue to come.”

– Robert Bradley, Enron Ascending: The Forgotten Years (2018), p. 332.

In “This is when the GOP turned away from Climate Policy, E&E News recalled the good ol’ days when George H.

Continue Reading

‘Climate Alarmism and Corporate Responsibility’ (2000 essay for today’s debate)

By Robert Bradley Jr. -- December 5, 2018 1 Comment

Corporate policy makers entering the fray should be guided by two principles, both reflecting the balance of evidence at the intersection of climate science and climate economics. First, mandatory GHG programs should be rejected in favor of voluntary approaches….  Second, voluntary actions by corporations should not go beyond win-win “no regrets” initiatives. Control practices that are uneconomic penalize either consumers or stockholders and politicize the issue of corporate responsibility.”

– Robert Bradley, “Climate Alarmism and Corporate Responsibility.” Electricity Journal, August/September 2000.

Upon the election of Donald Trump, the environmental Left redoubled its effort to politicize business on the climate issue. The subtitle to an early 2017 article in Yale Climate Connections, for example, “Business Leadership on Climate Seen as Key,” read: “With expectations of a much lower federal leadership role on controlling carbon emissions, key sectors of business community seen by some as maintaining momentum.”…

Continue Reading

National Climate Assessment: Remember MIT’s ‘Club of Rome’ Report (1972 … 2018)

By Robert Bradley Jr. -- November 29, 2018 7 Comments

“If all the policies instituted in 1975 in the previous figure are delayed until the year 2000, the equilibrium state is no longer sustainable. Population and industrial capital reach levels high enough to create food and resource shortages before the year 2000.”

– Donella Meadows et al. The Limits to Growth. New York: Universe Books, 1972, p. 169.

The New York Times headline screamed: “Trump Administration’s Strategy on Climate: Try to Bury Its Own Scientific Report.” Reporter Coral Davenport began her piece:

The Trump White House, which has defined itself by a willingness to dismiss scientific findings and propose its own facts, on Friday issued a scientific report that directly contradicts its own climate-change policies.

That sets the stage for a remarkable split-screen political reality in coming years. The administration is widely expected to discount or ignore the report’s detailed findings of the economic strain caused by climate change, even as it continues to cut environmental regulations, while opponents use it to mount legal attacks against the very administration that issued the report.

Continue Reading

Robert C. McNair: A PURPA Story

By Robert Bradley Jr. -- November 26, 2018 1 Comment

“A federal investment tax credit was enacted just as the project was being completed, adding 10 percent to the rate of return. Accelerated depreciation in the same law further sheltered profits from income taxes. Thank you, political capitalism.”

“Cogen Technologies would go on to become one of the very top independent power developers in the nation. The sale of CTI’s major asset to Enron in 1999 (McNair took cash, not stock) would make McNair one of Houston’s wealthiest men and provided the means to buy an NFL football team for his hometown, a deal that was also made possible by a new taxpayer-supported stadium, in no small part the result of an intense lobbying effort by Ken Lay and Enron several years before.”

Last Friday, the owner of the Houston Texans, Robert C.…

Continue Reading

Energy & Environmental Newsletter: November 12, 2018

By -- November 12, 2018 1 Comment Continue Reading

The Harm from Bad Science (Part II: PM 2.5, Mercury, and Beyond)

By -- October 24, 2018 2 Comments Continue Reading

“Population Bombed”: Interview with Pierre Desrochers (new book out today)

By Robert Bradley Jr. -- October 16, 2018 7 Comments Continue Reading

“A Conservative’s Approach to Combating Climate Change” (Adler’s 2012 argument revised)

By Robert Bradley Jr. -- October 11, 2018 3 Comments Continue Reading

Richard Kerr (Science) in 2009: Warming ‘Pause’ About to Be Replaced by ‘Jolt’ (but still waiting ….)

By Robert Bradley Jr. -- October 9, 2018 2 Comments Continue Reading

John Holdren on Trump’s Energy/Climate Armageddon (Part I: federal R&D, Paris withdrawal, China)

By Robert Bradley Jr. -- September 26, 2018 2 Comments Continue Reading