4Q-2012: Continued Progress at MasterResource

By Robert Bradley Jr. -- January 18, 2013 1 Comment

MasterResource, which turned four last month, recorded its best quarter in history with 116,877 views, a 20 percent increase from 4Q-2011. We reached as high as #7 of 9,984 “green blogs” tracked by Technorati in the quarter and currently stand at #40.

With one in-depth post per workday, with occasional weekend fare, MasterResource is the leading voice for free-market, science-of-liberty thought in energy and related environmental issues.

MasterResource features many different writers, some academics, some think-tank analysts, and others citizen-activists.  Some areas of emphasis and impact may be mentioned.

Inconvenient Truths of Industrial Wind

Literally dozens of our writers have made MasterResource a leader of the windpower educational movement.  Turning wind into electricity is wholly government-enabled; even NIMBYSM that might be criticized in other contexts is justified given that government mandates and special, outsized subsidies enables the rural invasion of wind machinery.

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Creative Energy Destruction: Renewables Lost Long Ago

By Robert Bradley Jr. -- January 15, 2013 3 Comments

It is the second most famous term in the history of economics after Adam Smith’s metaphor invisible hand. It describes the competitive market process in the real world. It was coined in 1942 by the famous, iconoclastic Austrian-American economist Joseph Schumpeter, who would reminisce:

I set out to become the greatest lover in Vienna, the greatest horseman in Austria, and the greatest economist in the world. Alas, for the illusions of youth…. As a horseman, I was never really first rate.

“Creative Destruction” …

The best businesses rise to the top in consumer-driven markets. Less competitive firms contract and even disappear. Creative destruction is the process whereby the bad is eliminated, the better replaces the good, and past performance gives way to new strategies and victors. No firm is forever, and financial loss is a characteristic of capitalism, as is the more used term profit.

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As the Kyoto Protocol Dies, Remember Those Who Called It (Part I)

By Robert Bradley Jr. -- December 26, 2012 3 Comments

“It’s the weakest text I have ever seen. It’s a travesty of the process and commitments. It can be summed up in two words: We’ll talk.”

– Farukh Khan, Pakistan lead negotiator, quoted in Lisa Friedman, “After A Bruising Parley, Climate Conference Veers Toward a Successor to Kyoto Pact.” E&E Climate News, December 19, 2012.

“The total efforts of the last 20 years of climate policy has likely reduced global emissions by less than 1 percent, or about 250 million metric tons of carbon dioxide per year.”

– Bjorn Lomborg, “Climate Course Correction.” Foreign Policy, October 2012.

Notable voices with the conviction to speak truth to power predicted the futility of the global global-warming agreement of 1997, better known as the Kyoto Protocol. Of course, the rent-seekers applauded the prospect of new competitive space–such as Enron with its seven profit-centers.…

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ALEC to States: Repeal Renewable Energy Mandates ('Electricity Freedom Act' model bill adopted)

By Todd Wynn -- November 1, 2012 29 Comments

“Households in 29 states are and will continue to see higher electricity rates, lower economic growth and, subsequently, lower standard of livings without outright repeal of these crony capitalist policies.” 

The American Legislative Exchange Council (ALEC), the nation’s largest non-partisan association of state legislators boasting more than 2,000 members from all 50 states, recently adopted a firm stance opposing misguided government intervention into the electricity market which works against affordable, reliable electricity.

ALEC’s model bill for state legislators, entitled the Electricity Freedom Act, repeals a state’s renewable energy mandate stating:

“…a renewable energy mandate is essentially a tax on consumers of electricity that forces the use of renewable energy sources beyond what would be called for by real market forces and under conditions of real competition in generation resources…”

Due in part to pressure from environmental groups and the renewable energy industry lobby, a movement began in the late 1990s and continued through the mid-2000s to enact state-based renewable energy mandates.

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Halloween: Neo-Malthusian Day

By Robert Bradley Jr. -- October 31, 2012 4 Comments Continue Reading

'Let's Go' … Game On for Shell in the Arctic (a milestone in the still maturing hydrocarbon energy era)

By Robert Bradley Jr. -- September 11, 2012 4 Comments Continue Reading

“Not Cheap, Not ‘Green'” at the California Energy Commission

By Tom Tanton -- August 28, 2012 4 Comments Continue Reading

“Renewable Energy: Not Cheap, Not ‘Green'” Turns 15

By Jon Boone -- August 27, 2012 11 Comments Continue Reading

Energy at ALEC: Response to Media Matters

By Robert Bradley Jr. -- August 13, 2012 4 Comments Continue Reading

'Crony Capitalism and Energy Policy' Lecture at the U. of Rochester

By Michael Rizzo -- April 11, 2012 6 Comments Continue Reading