A Free-Market Energy Blog

Florida, Like Texas, Rejects Renewables Push (solar & sugarcane proposals attract nuclear and offshore drilling tie-in’s in the Sunshine State)

By Robert Bradley Jr. -- June 10, 2009

Yesterday’s post at MasterResource described the failure of the 81st Texas Legislature (aka the “solar session”) to enact a new renewables mandate. Other big news is the rejection of an initial renewable (read solar, biomass) mandate by the Florida Legislature, as well as a sweetheart deal desired by Florida Power & Light (FPL). Nuclear and offshore drilling also came into play in the legislative debate as tie-in’s in the political environment.

All this is instructive for the current federal push for a National Electricity Standard (NES). Florida would be a loser in any national NES–especially given the prohibitive cost of converting sunshine into electricity in any sort of a major way. The age-old promises of solar breakthroughs are a mirage, and Enron’s 1994 contrived Solarex splash should not be forgotten.

As reported by John Dorschner in the Miami Herald, Florida rejected a year-long push by environmental groups and their business allies to enact a renewable quota in the state.…

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Texas’s “Solar Session” Fails to Enact Renewable Mandate #3 (a reality check for a federal RES?)

By Robert Bradley Jr. -- June 9, 2009

“We can push solar, and that’s great. But somebody’s got to pay for it. You can’t have those who can barely afford their energy bills subsidizing it.”

– Texas Rep. Sylvester Turner, quoted in the Houston Chronicle

The Houston Democrat made a national statement, not just statewide one, in reference to proposed legislation to surcharge ratepayers to subsidize solar roofs. Such sentiment beat back a well-funded effort by national environmental pressure groups and the solar industry. Has the decade-old Enron-launched artificial stimulus to uneconomic, unreliable renewables reached its apogee? Might existing and planned renewable programs enacted at the expense of ratepayers and taxpayers be reconsidered by the Public Utility Commission of Texas and the 82nd Texas Legislature in 2011?

Background

The Texas Legislature, which meets every two years, fell to Enron and environmental lobbyists back in 1999 when the nation’s strictest renewable energy mandate was passed and signed into law by then Gov.…

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Busting the “Clean Energy Bank” (another problem with Waxman-Markey)

By Jerry Taylor -- June 8, 2009

Buried within the controversial Waxman-Markey “cap and trade” bill to reduce greenhouse gas emissions (formally known as HR 2454, “The American Clean Energy and Security Act”) – a bill that may well reach the House floor for a vote before the July 4th recess – is another fairly arresting proposal: the creation of a federal “clean energy bank.” The idea (found in subtitle J, addressing “Nuclear and Advanced Technologies”) is to use federal tax dollars to provide subsidies (in particular, direct loans, letters of credit, loan guarantees, and insurance products or other credit enhancements or debt instruments) to private business in order to “promote access to affordable financing for accelerated and widespread deployment” of clean energy, energy infrastructure, energy efficiency, and manufacturing technologies.

 The Senate is considering similar legislation in the form of S 949, “The 21st Century Energy Technology and Deployment Act,” but it would go further and also allow indirect subsidies as well, including securitization, indirect credit support, the acquisition or selling of debt or interest in the debt; and secondary market support through lending on the security of debt. …

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New Zealand Windpower: Great Winds, Bad Electricity

By Bryan Leland -- June 6, 2009
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Cost/Benefit Analysis Cannot Justify Waxman-Markey’s Aggressive Targets

By Robert Murphy -- June 5, 2009
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When the Cap Isn’t a Cap, the Trades are a Charade

By Kenneth P. Green -- June 4, 2009
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Clean Air Act Regulation of CO2: Rough Road Ahead

By -- June 3, 2009
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How Much Will Obama’s Oil-and-Gas Tax Policy Cost Us? We Can Stop Guessing Now

By Donald Hertzmark -- June 2, 2009
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“Repower Texas”: Taxpayers, Ratepayers, Economic Energy Producers Beware!

By Robert Bradley Jr. -- June 1, 2009
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Energy Reality Wins at Exxon Mobil Annual Meeting (Atlas is not shrugging at this substance-over-form company)

By Robert Bradley Jr. -- May 30, 2009
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