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Relevance | DateEnergy and Environmental Review: October 23, 2023
By John Droz, Jr. -- October 23, 2023 No CommentsEd. Note: This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnighly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete Newsletter for this post can be found here.
Unreliables (General):
*** Michael Bloomberg’s $1 Billion Assault on The Electric Grid
Solar, wind developers rebuffed in NY
The myth of affordable green energy is over
Wind Energy — Offshore:
Offshore Wind is an Economic and Environmental Catastrophe
How’s That Offshore Project Going, Man
NY delivers crippling blow to green energy development, jeopardizing Biden’s climate goals
Biden admin hit with lawsuit over offshore wind plans as locals rise up
Wind Energy — Other:
*** Taking the Wind Out of Climate Change (referencing 60± studies)
Solar Energy:
‘Europe isn’t profitable’ – Solar industry warns of hurdles to EU’s green tech drive
Fossil Fuel Energy:
*** The Nations that Dominate the Global Economy
*** AAF on US Drained Petroleum Reserve
*** Drill, Baby, Drill
*** EIA: Global fossil fuel use and CO2 emissions to rise through 2050
Imagine No Jets, Ships, Defense, or Space Program
Electric Vehicles (EVs):
*** China’s graphite curbs send green warning shot
*** EV Battery Factory Will Require So Much Energy It Needs a Coal Plant to Power It
Electric cars risk becoming uninsurable
Miscellaneous Energy:
*** Powering The Unplugged
*** How the Inflation Reduction Act Bankrolls EPA Overreach
The heat-pump nightmare is far from over
Green Hydrogen Needs Vast Subsidies
Critics Assail Biden’s ‘War on American Energy’ on National Energy Appreciation Day
Manmade Global Warming — Some Deceptions:
*** No Way, Norway
Era of ‘Unquestioned and Unchallenged’ Climate Change Claims Is Over
How Groupthink, Misinformation, and Lack of Self-Correction Undermined Climate Science
Is New York Times Senior Writer David Leonhardt Lying, Lazy, or Just Stupid?…
“The Techno-Optimist Manifesto” (Marc Andreessen in the energy debate)
By Robert Bradley Jr. -- October 20, 2023 1 Comment“We believe energy should be in an upward spiral. Energy is the foundational engine of our civilization. The more energy we have, the more people we can have, and the better everyone’s lives can be. We should raise everyone to the energy consumption level we have, then increase our energy 1,000x, then raise everyone else’s energy 1,000x as well.” (- Techno-Optimist Manifesto, below)
Add a new name to the powerful critics of climate alarmism and forced energy transformation. Marc Andreessen is the author of The Techno-Optimist Manifesto, which draws upon the Julian Simon tradition of free minds and free markets to solve real challenges. This is a refreshing anecdote to the doom-and-gloom neo-Malthusians–and a threat to the climate industrial complex.
Sure enough, the critics are out with swords. Having posted The Techno-Optimist Manifesto on LinkedIn to the Climate Change Professionals Group, I was asked: “How is this diatribe from consume-more economics suitable for climate change professionals group??”…
Continue Reading“Buffer of Stability” (Beware price and allocation controls)
By Robert Bradley Jr. -- No CommentsEd. Note: This MasterResource post from February 2011 is reprinted for its relevance with the 50th anniversary of the Arab Embargo this month. If authorities impose price and allocation controls today as they did in the 1970s, or during the world wars, expect a return of the gasoline lines. [Bradley has written three pieces on the anniversary of the Arab Embargo at EconLib (here and here), AIER (here), and IER (here).]
For decades I have enjoyed the opinion-page editorials of the Wall Street Journal, both the unsigned editorials and the guest opinions. During the 1970s energy crisis, and today amid climate alarmism and the futile crusade to regulate carbon dioxide, the Journal has been a bastion of sound economic thought.
I was recently reminded of perhaps my favorite WSJ energy editorial of all, “Buffer of Civility,” published during the dark days of energy rioting in summer 1979 (yes, the U.S.…
Continue ReadingGreen Hydrogen Needs Vast Subsidies
By Steve Goreham -- October 19, 2023 5 Comments“Hydrogen from electrolysis, called green hydrogen, typically costs more than $5 per kilogram, or more than five times the price when produced from natural gas.”
“The U.S. Inflation Reduction Act offers an astounding subsidy of $3 to produce a kilogram of green hydrogen, three times the market price. Imagine a subsidy of $150,000 to purchase a $50,000 electric car or a subsidy of $12 to produce a $4 gallon of gasoline. There appears to be no end to the cash governments will pay to try to establish a hydrogen economy.”
World leaders tout “green hydrogen” as an essential fuel in the renewable energy transition. Today, heavy industries use huge amounts of coal and natural gas to produce products needed by society. Governments propose to replace hydrocarbon fuels with hydrogen fuel, using hundreds of billions of dollars in subsidies.…
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