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Relevance | DateEnergy & Environmental Newsletter: December 12, 2016
By John Droz, Jr. -- December 12, 2016 1 CommentThe Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).
A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.
Some of the more important articles in this issue are:
The Obama administration lawlessly rewards its supporters and punishes its enemies
Renewables Should No Longer Have Grid Priority: E.U. Energy Commissioner
View from the Third World: The World Needs More Energy
House Bill would penalize any wind project within 40 miles of a US military base (HR-6397)
GAO: The Renewable Fuel Standard program is unlikely to meet its targets
Go Big: Eliminate the US Department of Energy
Questions for New DOE Head Person
Scientists Turn Nuclear Waste into Diamond Batteries That’ll Last for Thousands of Years
“InvEnergy owes Champaign County (IL) $480,298 in unpaid taxes”
Actual wind energy costs are over 31¢/KWH
NY Households with alternative energy suppliers paid $817 million extra
Effects of Wind Turbine Acoustic Emissions (Schomer: 2015)
Are Wind Turbines Too Close To Communities?…
Continue Reading“The Energy Crisis of the 1970s: Looking Back, Looking Ahead” (Econ 101 needed at RFF seminar)
By Robert Bradley Jr. -- October 4, 2016 8 Comments“Economists may not know much. But we know one thing very well: how to produce surpluses and shortages. Do you want a surplus? Have the government legislate a minimum price that is above the price that would otherwise prevail…. Do you want a shortage? Have the government legislate a maximum price that is below the price that would otherwise prevail.”
– Milton and Rose Friedman, Free to Choose (1979), p. 219.
Tomorrow (October 5, 2016), a book seminar will be held at Resources for the Future [register here] to revisit the lessons from the 1970s energy crisis. Panic at the Pump: The Energy Crisis and the Transformation of American Politics in the 1970s by Meg Jacobs will receive comments from three RFF scholars.
The Princeton historian and author usefully provides a good deal of archival documentation surrounding the ill-fated attempt by federal authorities to regulate the price and allocation of crude oil and oil products in the 1971–1981 era. …
Continue ReadingThe Philosophical Argument for Market Energy: Conversation with Alex Epstein
By Robert Bradley Jr. -- June 25, 2016 No Commentshttps://www.theobjectivestandard.com/2011/11/interview-with-alex-epstein-founder-of-center-for-industrial-progress/
JL: What are the primary obstacles to industrial progress?
AE: There are two key obstacles to industrial progress: one is a lack of a positive and the other is a negative, in large part made possible by the lack of the positive.
The lack of a positive is the lack of a clearly fleshed-out pro-industrial philosophy that embraces the progressive transformation of nature through energy and technology. Such a philosophy, among other things, would define the proper political policies under which that transformation should take place—namely policies based on individual rights—and it would morally embrace industrialization.
Without the right industrial philosophy, people don’t value industrial progress sufficiently, and don’t know what policies will nourish that value.
Being clear on the positive is indispensable. For instance in oil, you can see throughout history that it is really important that property rights should be based on the principle that the creator of the value in the resource should own it.…
Continue Reading“Oil Prices and the Business Cycle” (Interview with Robert L. Bradley Jr.)
By Robert Murphy -- April 25, 2016 2 Comments“Falling commodity prices in general are a good thing in a free market because, as economist Ludwig von Mises emphasized, the sole end of production is consumption. Consumption first, production second. Also the US is a net importer of both oil and natural gas, which means we consume more than we produce. So provincially speaking, the US gains more than it loses from well-to-pump or well-to-burner-tip price drops.”
Business consultant Carlos Lara and I produce a monthly financial publication, the Lara-Murphy Report, which highlights the Austrian School of economics in both academia and the financial markets. The January 2016 issue interviewed Rob Bradley of Houston, Texas, who was trained in Austrian-school economics and is a longtime historian of oil markets. This interview is reproduced below.
Robert L. Bradley Jr. is the founder and chief executive officer of the Institute for Energy Research (IER), a 501(c)3 educational foundation with offices in Houston, Texas, and Washington, D.C.…
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