A Free-Market Energy Blog

Four Regulatory Fronts Against Coal Power (after the defeat of cap-and-trade)

By Robert Peltier -- February 15, 2011

Can the Republican House neuter the Obama Administration’s war against coal-fired power plants? I’m not optimistic, but coal is an plentiful, improving resource that will be hard to put and keep in the energy cellar.

The coal industry has been fighting on five key regulatory fronts during the past two years. The good news is that cap-and-trade of carbon dioxide (CO2), a back door energy tax, is defeated. The subject is kryptonite in Washington among Republicans and a surprising number of Democrats–and rightly so.

Cap-and-trade was defeated despite the clever Administration strategy to bribe stakeholders by making their support of the American Power Act economically worthwhile. Several major utilities (especially those with nuclear plants), most equipment manufacturers that sell to the industry, and even the Edison Electric Institute lined up in support of cap-and-trade legislation.…

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Matt Simmons’s Failed ‘Peak Oil’ Price Wager (Julian Simon rides again!)

By Robert Bradley Jr. -- February 14, 2011

[This is the third and final part in a series on peak-oil theorist/neo-Malthusian Matthew Simmons (1943–2010). Part I by Rob Bradley examined the Simmons’s peculiar interpretation of the Club of Rome’s 1972 Limits to Growth. Part II by Michael Lynch reviewed the false arguments behind Simmons’s peak-oil views.]

Matt Simmons was confident past a fault about the coming decline of world oil output–and record oil prices in the face of growing demand. His 2005 book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, announced that production in Saudi Arabia had peaked or was about to. In his words:

Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future.

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'Sustainability': Some Free Market Reflections

By -- February 11, 2011

A few months ago, I participated in a symposium entitled, “A Sustainable Energy State — How Remote Is the Possibility?” I prepared some talking points for the event and, heeding the injunction to re-use and recycle, turn them here into a MasterResource column.

The following reflections make three main points: (1) A “sustainable” energy system, as that term is commonly used, will likely not materialize in our lifetimes; (2) except for heavily-subsidized wind, solar, and biofuel energy, the current, largely fossil fuel-based energy system is already sustainable; and (3) the “sustainable energy” agenda imperils the improving state of the world and, therefore, is politically unsustainable.

Just around the Corner (Not!)

How “remote” is the “possibility” of a “Sustainable Energy State”? That depends, of course, on the meaning of sustainability. When environmental advocates call wind farms, solar power, or “next generation” biofuels “sustainable,” they imply that energy is sustainable only if it is carbon-neutral or non-emitting.…

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The End of a Peak Oil Theorist: Matt Simmons in Retrospect (Part II)

By -- February 10, 2011
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Matthew Simmons's 'Club of Rome' Epiphany (The strange case of an energy investment banker turned energy alarmist)

By Robert Bradley Jr. -- February 9, 2011
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Three Questions About Renewable Energy (false choices skew public opinion poll)

By Robert Peltier -- February 8, 2011
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A Cherry-Picker’s Guide to Temperature Trends Update: Warming Crisis Not

By Chip Knappenberger -- February 7, 2011
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Texas Power Outages: A Preliminary Analysis (Cold snap brings failure–isolated ERCOT an issue)

By Michael Giberson -- February 4, 2011
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80% "Clean" Energy by 2035: What Does This Mean?

By Ken Kok -- February 3, 2011
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Energy Price-Control Lessons for ObamaCare (remembering a classic WSJ editorial from 1979)

By Robert Bradley Jr. -- February 2, 2011
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