“The quality of [truth-seeking] depends on a willingness to respectfully engage in open, honest, and objective debate, to challenge … our own beliefs…. As the philosopher, economist, and Anglican bishop Richard Whately observed: ‘It is one thing to wish to have truth on our side, and another thing to wish sincerely to be on the side of truth’.”
– Charles Koch, The Science of Success (John Wiley & Sons, 2007), p. 115. [Book review here]
A week ago I posted a tribute to Julian Simon (1932–1998) on the anniversary of his death. The post was picked up elsewhere in the blogosphere, and I received a number of emails from academics who remarked about how much they appreciated Simon’s personal kindness and scholarly qualities. Steve Horwitz wrote at Coordination Problem:
… Continue Reading[Simon] was a model of what a scholar can and should be: well-read, totally on top of the relevant data, fearless about taking on sacred cows, unafraid to be in your face but always with a smile on his face.
[Editor note: Glenn Schleede wrote this letter-to-the-editor in response to a news report published in the Cape Cod Times, “Cape Wind Savings Pegged in Billions”.]
Dear Editor:
Thanks for the article in your February 11, 2010, edition, but electric customers in New England should not believe the claim that the Cape Wind project will save them “Billions” on their electric bills.
Frankly, the numbers in the slick 9-page “consultant” study released by the developer of the Cape Wind project of $4.6 billion in savings over 25 years just don’t add up for at least four major reasons:
1. Huge Cost of Cape Wind electricity. The true cost of electricity from wind – particularly offshore wind — is huge. No one who is paying attention expects the price that Cape Wind charges for its electricity to be cheap.…
Continue ReadingWhy has California expressed concern over the EPA holding up approvals for natural gas-fired power plants?
Answer: because state regulators know that California’s gas plants are crucial for establishing new wind and solar projects. After all, firming intermittent power sources is essential short of employing cost-prohibitive battery packs to continuously match supply to consumption.
But the analysis can go a step further. What if the gas backup actually runs more poorly in its fill-in role than if it existed in place of the wind and/or solar capacity? It does run less efficiently, in fact, creating incremental fuel use and air emissions that cancel out the fuel/emissions “savings” from wind.
Thus California should go a step further than just allowing new natural gas capacity. Regulators should rethink the rational of wind per se and block its new capacity–if only by removing the government subsidies that enable industrial wind power in the first place.…
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