“Preference for warmer regions has been a key determinant of internal population shifts in the United States and other industrialized countries in the post-World War II era. Internal migrations toward the Sunbelt have been eased by science and technology developments that, for example, cooled torrid summer air and controlled malaria in the South, and along the Gulf coast.” (National Academy of Sciences, below)
The mainstream media war against the green greenhouse gas, carbon dioxide (CO2), cannot negate the most settled part of the climate change debate. Into the 1990s, it was accepted practice to present the scientific consensus of the beneficial qualities of CO2 on the planet. Given its relevance for today’s debate, it is worth revisiting the National Academy of Sciences, et al., Policy Implications of Greenhouse Warming (Washington, DC: The National Academies Press, 1992).…
Continue Reading“Much of the generation named by ERCOT as qualified under their latest RFP is generation units that were recently retired, many because they could not compete with the artificially low prices that heavily subsidized wind and solar can offer, so they are still operational.”
The Electric Reliability Council of Texas (ERCOT), the planning agency for 90% of the state’s grid, has a wind/solar tiger by the tail. As the agency does not exchange power with its out-of-state neighbors to avoid federal (FERC) jurisdiction, it is looking at home for able, firm generation that wind and solar unfairly (via government intervention) put out of operation.
Background
ERCOT is (in)famous because its grid almost collapsed during Winter Storm Uri in February 2021. The Texas electricity grid had lost so many generators due to the storm that it was only 4 minutes and 37 seconds from collapsing, which would have required a restart from a “black start.”…
Continue Reading” … we have to acknowledge that property rights in climate *cannot* be defined fully and we thus have to find some shared institution for governing the climate commons and managing emissions.” (Kiesling)
“One can think humans are causing the planet to warm but logically and humanely conclude that we should do nothing about it.” (Horwitz)
Lynne Kiesling is an electricity specialist who describes herself as working in the classical liberal tradition. Problem is, she refuses to define what classical liberalism or a free market is in regard to electricity. She instead endorses central government planning for the wholesale grid, among other Statist proposals. [1] In so doing, she ignores how the traditions she espouses argue against her positions (Hayek on central planning, Coase on transaction costs, Public Choice on politicization, etc.).…
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