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Relevance | DateAWED Energy & Environmental Newsletter: July 7, 2014
By John Droz, Jr. -- July 7, 2014 No CommentsThe Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving energy & environmental policies. Our basic position is that technical matters like these should be addressed by using Real Science. It’s all spelled out at WiseEnergy.org, which has a wealth of energy and environmental resources.
A key element of AWED’s efforts is public education. Towards that end, every 3 weeks we put together a newsletter to balance what is found in the mainstream media about energy and environmental matters. We appreciate MasterResource for their assistance in publishing this information.
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Greed Energy Economics:
Brookings: Economically, Wind & Solar are Worst Options
Bill Gates: “I Used to Take Electricity for Granted”. No more.
Levelized cost of energy: A limited metric
Why “Green Energy” is Economic Nonsense
Solar (and Wind): Green for the Air, Filthy for the Grid
Solar power compared to some conventional sources
Rooftop Solar Leases Scaring Buyers When Homeowners Sell
Greenpeace: “a threat to national economic security”
France Proposes Substituting Unreliables for Nuclear
New Study: The Economic Impact of the Illinois RPS
Green-collar crime ~ carbon markets and financial crime risks
Houston man allegedly sold more than $29 million in fake renewable credits
Senator Manchin: Don’t renew wind tax credit (PTC)…
Continue ReadingEnergy and U.S. Middle East Policy: Shaky Foundations
By Greg Rehmke -- June 25, 2014 2 Comments“Economists have long argued that these [national security] claims are based on economic misunderstandings, yet they are still cited as political justifications for military deployment of U.S. forces in the Middle East. These policies along with past military interventions are at the root of international terrorism directed at the United States.”
Military generals are charged with managing national security, which has included ensuring access to “needed” natural resources. U.S. military goals have been further stretched to securing access to resources “needed” for economic security.
The first U.S. overseas seizure concerned bird guano, a fertilizer like no other at the time. If Peru insisted on getting a lot of money for this valuable product, the only solution was invasion. The U.S. Congress, in response to public opinion, passed the Guano Islands Act of 1856, which authorized Americans to take any guano deposits they discovered.…
Continue ReadingObama’s Energy Plan to Plug California Leakage (to Texas)
By Wayne Lusvardi and Charles Warren -- June 24, 2014 4 Comments“A government is the only known vessel that leaks from the top,” newspaper journalist James Reston once wrote.
There could be no more apropos example of this than Barack Obama’s new proposed rules to mothball “dirty” coal power plants; to reduce CO2 power plant emissions 30 percent from their 2005 level by 2030; and to set voluntary targets for the percentage of renewable energy in each state by 2029.
Obama’s new push is an attempt to address leakage, at least within the United States. The term is not meant to describe the leakage in a high-voltage electric transmission line that can cause fires, damage, or electrocution. Rather, it is meant to describe the migrating of jobs, industries, population, and votes to other states due to planned higher electricity rates mainly in California and other Blue states as a result of forcing a shift to inferior renewable energies.…
Continue ReadingEx-Im Bank Cronyism: Remember Enron’s Bad Investments
By Robert Bradley Jr. -- June 18, 2014 2 Comments“Enron was a political colossus with a unique range of rent-seeking and subsidy-receiving operations. Ken Lay’s announced visions for the company—to become the world’s first natural-gas major, then the world’s leading energy company, and, finally, the world’s leading company—relied on more than free-market entrepreneurship. They were premised on employing political means to catch up with, and outdistance, far larger and more-established corporations.
– R. Bradley, “Enron: The Perils of Interventionism,” EconLib, September 3, 2012.
A debate is currently playing out over the future of the Import-Export Bank, which comes up for Congressional reauthorization this September. In “End Corporate Welfare? Start With the Ex-Im Bank,” Tim Phillips, president of Americans for Prosperity, a free-market advocacy group, pin-pricked the notion that small business was the beneficiary of taxpayer-guaranteed loans.…
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