Energy Realism Amid Climate Alarmism: James Hansen Rides Again

By Robert Bradley Jr. -- February 25, 2014 5 Comments

“Indeed, a case could be made that politicians have been pushed into a situation such that they have no choice but to approve continued coal-burning, hydro-fracking for increased gas and oil production, and pursuit of oil and gas in extreme and pristine environments.” (James Hansen)

“I am saying that the global energy discussion should be based on facts, not on myths.” (James Hansen)

Yesterday’s post on James Hansen’s new analysis, “Renewable Energy, Nuclear Power and Galileo: Do Scientists Have a Duty to Expose Popular Misconceptions?, discussed how the anti-nuclear, pro-wind strategy of mainstream environmentalism works to increase, not decrease, greenhouse-gas emissions. Such an incredible irony can only be blamed on philosophical fraud, of believing in imaging and emotions rather than reality. [1]

Hansen’s article also speaks energy/political truth to Big Environmentalism in other ways that help steer the energy debate towards realism and away from postmodernism.

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Ronald Coase and Business Understanding (Part I: Why Are There Firms?)

By Robert Bradley Jr. -- September 5, 2013 1 Comment

[Editor note: Ronald Coase died last week at age 102 (obits here and here). One of the most important economists of the last century, Coase substituted real-world economics for ‘blackboard economics’ to solve some fundamental questions–and to appreciate market processes in place of government intervention.]

“When economists find that they are unable to analyze what is happening in the real world, they invent an imaginary world which they are capable of handling. It was not a procedure I wanted to follow in the 1930s. It explains why I tried to find the reason for the existence of the firm in factories and offices rather than in the writings of economists, which I irreverently labeled as ‘bilge.’” (Ronald Coase)

MasterResource attempts to comprehend markets and government regulation of markets. Undesigned (market) order is compared and contrasted to imposed (government) disorder.

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Carbon Taxation: Just Say No (NAM-led letter represents a broad business front)

By Robert Bradley Jr. -- May 24, 2013 2 Comments

“A carbon tax would have a net negative effect on consumption, investment and jobs, resulting in lower federal revenues from taxes on capital and labor. Any revenue raised by a carbon tax would be far outweighed by the negative impacts to the overall economy.”

Pricing carbon dioxide (CO2) to wring competitive advantage and to appease environmental pressure groups once drew notable business support from the big players, such as Ken Lay’s Enron and John Browne’s BP. But not from Lee Raymond’s Exxon Mobil, although Rex Tillerson’s Exxon Mobil supports a carbon tax as an alternative to cap-and-trade.

But presumably, as a key member of the National Association of Manufacturers (NAM), Exxon Mobil is opposed to a carbon tax in the current political environment. Another big energy and political player, Dow Chemical, which dropped out of NAM on the gas export issue, is against a carbon tax judging from its Australian experience.

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“Wind Power: A Turning Point” (Revisiting Worldwatch Institute Paper #45 from 1981)

By Robert Bradley Jr. -- May 6, 2013 No Comments

“From all signs, the wind-energy field has reached that all-important turning point.”

– C. Flavin, Wind Power: A Turning Point (Worldwatch Institute: July 1981), p. 47.

Christopher Flavin, long associated with the Washington, DC-based Worldwatch Institute (see appendix below), was among the most thoughtful and prolific energy writer in the neo-Malthusian energy/environmentalist camp. His tone was positive, his writing clear, and his research well documented. Flavin’s work is scholarly compared to his (shrill) predecessor, Lester Brown, the founder of WorldWatch. Still, Flavin’s final products are little more than lawyer briefs for energy/climate alarmism.

Flavin is now paying the price for assuming alarmism to hype market-incorrect energies. He banked on wind and solar as primary energies despite the fact that they were dilute, intermittent, and environmentally invasive. Flavin pretty much forgot his early caution and warnings about windpower (see his introduction to Paul Gipe’s Windpower Comes of Age).

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"THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!" (Enron's Kyoto memo turns 15)

By Robert Bradley Jr. -- December 24, 2012 4 Comments Continue Reading

Mandatory Open Access: Subsidizing Special Interests

By Jim Clarkson -- October 2, 2012 1 Comment 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

Crony Capitalism in the U.S. Energy Industry: A Brief Review

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

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

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

Edison to Enron (Bradley): Some Thoughts

By Lynne Kiesling -- July 25, 2012 2 Comments Continue Reading