Search Results for: "Joe Romm"
Relevance | Date‘Beyond Petroleum’ Now ‘Big Promises’ at BP
By Robert Bradley Jr. -- February 20, 2020 7 Comments“Many inside the company, including Tony Hayward, had long thought that [John] Browne was distracted by his pet issues of climate change and environmentalism, and by his flirtations with the public spotlight. They thought he had been obsessed with branding the company and lowering its carbon footprint at the expense of BP’s real business, producing and selling oil.” – Abrahm Lustgarden, Run to Failure: BP and the Making of the Deepwater Horizon Disaster (2012), p. 203.
“The world’s carbon budget is finite and running out fast. We need a rapid transition to net zero.” – Bernard Looney. CEO, BP, quoted in Financial Times, February 12, 2020
British Petroleum Company, then BP Amoco, then BP, has had a troubled history since it went political in the 1990. That history deserves revisiting given its latest rebranding effort.…
Continue ReadingWind’s PTC Receives 12th Extension (competitive not)
By Robert Bradley Jr. -- February 6, 2020 5 CommentsA common question is: how many times has the Production Tax Credit (PTC) for wind power production been extended since the original law was enacted in 1992.
The answer is a dirty dozen, which makes the federal lifeline to wind power 28 years old. That’s old age for a government subsidy, particularly one where the industry itself has long proclaimed its impending competitiveness.
“The U.S. wind industry has … demonstrated reliability and performance levels that make them very competitive,” stated a representative of the American Wind Energy Association (AWEA) back in 1986. [1] And Joe Romm a quarter-century later: “It is clear that solar and wind are competitive in many situations right now.” [2]
And so Milton Friedman’s warning that infant industries receiving government protection never seem to grow up has a stellar example.…
Continue ReadingTrump + Climate = Krugman Going Crazy
By Robert Bradley Jr. -- December 17, 2019 3 Comments“Do you remember the days when Bush administration officials claimed that terrorism posed an ‘existential threat’ to America, a threat in whose face normal rules no longer applied? That was hyperbole — but the existential threat from climate change is all too real…. And as I watched the deniers make their arguments [against Waxman-Markey cap-and-trade], I couldn’t help thinking that I was watching a form of treason — treason against the planet.” (Paul Krugman, New York Times, 2009)
“Republican climate denial is even scarier than Trumpism.” (Paul Krugman, New York Times, 2019)
A full decade apart, Paul Krugman is all-in with climate hyperbole and angst. Joe Romm might have thrown in the towel at Climate Progress, but Krugman is flaming in the New York Times.
Talk about riding the wrong horse.…
Continue ReadingClimate Conundrum: Revisiting a 2016 Discussion (when Hillary was going to win)
By Robert Bradley Jr. -- December 3, 2019 1 Comment“Despite mounting climate impacts and radio silence from politicians, media and other important players, the panelists were hopeful that climate change will soon earn the attention it deserves.” (World Resources Institute, 2016)
Just prior to the 2016 election (which Hillary was going to win, of course), a group of leading climate alarmists opined about why they were losing in the court of public opinion. “If Climate Change Is the Existential Crisis of Our Age, Why Isn’t it Getting More Attention?” by Sarah Parsons of World Resources Institute (October 28, 2016) is reprinted below (with yellow headings inserted). My final comment follows.
Sarah Parsons asks “What Gives” about the “existential crisis” that received very little attention in the Presidential election.
The evidence is everywhere. Drought dries up farmland from California to the Sahel.…
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