“Cap-and-Trade” Is Dead–Will the “Federal Renewables Mandate” Be Next? (An “environmental tea party” may be brewing against industrial windpower)

By Robert Bradley Jr. -- January 20, 2010 9 Comments

Temperature trends, Climategate, Copenhagen, IPCC falsification, and now the Massachusetts Revolution–cap-and-trade is dead, the political pundits say. So much for the  inevitability argument that I heard from my colleagues during the Enron years (“come on Rob, get out in front of it and shape it!”), as well as the science-is-settled that had been the Word.

But what about a scaled back energy/climate bill with the key provision of a federal renewables mandate? Has the ‘Massachusetts Revolution’ killed that too?

We will soon find out. But one thing can be certain: Americans from coast-to-coast and border-to-border are going to look more closely at wind power, and I do not believe they are going to like what they see. (Enron, anyone?) Witness the growing complaints from the grass roots–including in-the-trenches real environmentalists–that industrial wind is intrusive, costly, and unreliable.

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Remembering When Enron Saved the U.S. Wind Industry (January 1997)

By Robert Bradley Jr. -- January 19, 2010 9 Comments

January 7, 1997, some 13 years ago, was one of the worst days in my 16-year career at Enron. Enron had already entered into the solar business (1994) in partnership with Amoco (Solarex), and the U.S. wind industry was on its back. Zond Corporation was struggling, and rival Kenetech had recently suspended its dividend and was on the way to  bankruptcy. Enron bought Zond on this day and renamed it Enron Wind Company.

Enron Wind would never turn a profit, and it would be sold in May 2002 by the bankrupt parent to GE. (GE and Enron would have other ominous parallels.)

Enron came in at just the right time for a troubled, undeserving industry by

  1. Putting a big-name corporation in the U.S. wind industry for the first time;
  2. Issuing countless press releases on ‘wonderful’ green wind for the next several years; and
  3. Successfully lobbying Texas politicians to enact the most strict renewable mandate in the country in 1999.
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Power Politics: Enron Lives! (From Ken Lay’s “natural gas standard” to cap & trade today)

By Robert Bradley Jr. -- December 5, 2009 2 Comments

Editor Note: This commentary is reproduced, with slight revision, from the December 2009 issue of POWER magazine.

As director of public policy analysis in my last seven years at Enron, I participated in many legislative and regulatory debates involving electricity, although the public policy thrust of the company was the opposite of what I personally believed was good social policy.

While I favored free markets, the business model of Ken Lay (a PhD economist with years of Washington regulatory experience) centered on special government favor. Enron, for example, had seven profit centers geared to government pricing/rationing of carbon dioxide (CO 2) emissions. And in the 1990s, the company was squarely behind a Btu tax. Today, Enron would be pushing cap and trade and a federal renewables mandate–and a lot of mandated energy efficiency with its profit centers in mind.…

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Industrial Wind Technology: Interview of Jon Boone by Allegheny Treasures

By Jon Boone -- October 31, 2009 14 Comments

Editor note: Jon Boone’s previous post on industrial wind parks led to this interview by Michael Morgan of Allegheny Treasures, an information resource dedicated to preserving the historic mountains of West Virginia and understanding the impact of industrial wind installations. 

Introduction: It’s been extremely difficult to bridge the gap that exists between those who know little about the issue and those who have a more comprehensive understanding of the workings of the electrical grid and the related technologies that supply it, like wind energy.  For many, their only information comes from the local press, “green” promotions by so-called environmental organizations, and occasional visits to web sites dedicated to one side or the other.  It’s often a mind-boggling quagmire!

The following conversation with Jon Boone, who now lives in Oakland, MD after a 30 year career at the University of Maryland, College Park, is an attempt to bridge that gap, perhaps allowing us to better understand the limitations of and problems associated with industrial wind technology.…

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On the Fall of Enron and Ken Lay: ‘Philosophic Fraud’ at an Errant Energy Company (and cap-and-trade, renewables forerunner)

By Robert Bradley Jr. -- September 10, 2009 3 Comments Continue Reading

Enron and Waxman-Markey: Response to Joe Romm

By Robert Bradley Jr. -- July 2, 2009 9 Comments Continue Reading

The Enron Revitalization Act of 2009 (from the Kyoto Protocol to Waxman-Markey)

By Robert Bradley Jr. -- July 1, 2009 12 Comments Continue Reading

Enron vs. Exxon Mobil: Polar Approaches to Energy and Public Policy

By Robert Bradley Jr. -- June 15, 2009 5 Comments Continue Reading

“Repower Texas”: Taxpayers, Ratepayers, Economic Energy Producers Beware!

By Robert Bradley Jr. -- June 1, 2009 4 Comments Continue Reading

Joseph Romm and Enron: For the Record

By Robert Bradley Jr. -- May 5, 2009 21 Comments Continue Reading