“Nothing is so permanent as a temporary government program.”

– Milton Friedman

It was supposed to be a ten year window to allow commercial nuclear power to prove its economy and safety. But the Nuclear Industries Indemnity Act of 1957 (Price-Anderson Act), capping damage claims and establishing a fund “to protect the public and to encourage the development of the atomic energy industry,” is still with us today, some two-thirds of a century later.

The 1957 law’s limit of $60 million per plant (about 10x in today’s dollars) was supplemented by an up-to-$500 million indemnification guarantee per accident. [1] These provisions, vetted among the parties, was just enough to remove a major barrier to the commercialization of nuclear power for electric utilities and for Westinghouse, GE, and others to build.…

“Senator Jesse Bjorkman is up against an army of eco-activists and lobbyists.  We Alaskans have the responsibility to hand down the legacy of an affordable and reliable energy system. A Renewable Portfolio Standard is not that.”

The Camel’s Nose metaphor goes: “Don’t allow even small malpractices, because they will grow big eventually.” Realized or not, the major malpractice in question at this very moment is Alaskans being forced into anti-energy “decarbonization.”

The political war against carbon dioxide (CO₂), the building block of life, has wreaked havoc on humanity throughout the world. The implementation of this decarbonization plan is the Renewable Portfolio Standard (RPS). This post updates the issues and what can be done to save Alaska’s largest population center from political plunder. 

Background

In early 2022, Governor Mike Dunleavy introduced legislation for an RPS with the press release: “House Bill 301 and Senate Bill 179 will allow Alaska to join 30 states and two territories in creating a renewable portfolio standard in the Railbelt.…

“Ameren Corporation claims, putting in SO₂ scrubbers would cost more than securitizing Rush Island’s ‘stranded assets.’ However, Ameren is avoiding what it would fully cost to replace Rush Island’s critically needed and reliable capacity.”

Thomas Jefferson wrote in Volume 4 of  Notes on Virginia:  “With money we will get men, said Cæsar, and with men we will get money.”[1]

Such threats to keeping our constitutional republic are increasingly evident with the weaponization of many Federal Agencies (e.g., the Department of Justice, FBI, etc.), as well as numerous Biden Executive Orders for federal agencies to fight the “existential” threat of anthropogenic global warming (AGW).

These threats, coupled with the plague of “woke” political agendas promoting “Environmental, Social, and Governance” (ESG) and/or “Diversity, equity, and inclusion” (DEI), are forcibly reaching leading “investment management” firms (e.g.,…

“Governments, NGOs, and rent-seeking interests often originate and perpetuate issue polarization based solely on political expediency and are adept at stifling debate and fomenting division. Acceptance of contrary opinions is greeted with enthusiasm akin to how the 5th-century Romans must have welcomed the invading Barbarian horde.”

Reasonableness. It’s imbued in our lexicon as the word for which we reach when the need arises to make an appeal for fairness, moderation, tolerance, caution, or logically deduce what outcome is or was most likely: ‘Let’s be reasonable here’. ‘I’m trying to appeal to your sense of reason’. ‘Do we believe that is the most reasonable course of action?’

As a concept, it underpins our modern society. The Age of Reason precipitated this inclusion of intellectualism into our societal fabric where rapid progress in science and philosophy permeated our views, challenging old constructs to improve the human condition.…