Search Results for: "Ken Lay"
Relevance | DateFracking Becomes the Centerpiece
By William D. Balgord -- March 1, 2017 1 Comment“Despite no demonstrated adverse effects of fracking, opponents of fossil fuels—in the spirit of “keep it in the ground”—continue their well-funded campaigns impugning the industry and anyone else who dares challenge them. It is incumbent on the mainstream media to pursue the truth wherever it leads and accurately inform readers about fracking.”
You’ve read about a process that’s bringing abundant natural gas and petroleum to market while reducing costs to US consumers. Expect more developments soon, as President Trump’s energy plans emerge.
Hydraulic fracturing of oil and gas wells, “fracking” for short, applies horizontal drilling techniques followed by pumping high-pressure liquid into petroleum-rich shale deposits, typically at depths more than a mile beneath the surface. The slurry, containing grains of sand, forces apart thin layers of shale (resembling a deck of playing cards) releasing hydrocarbons locked in the dense matrix. …
Continue ReadingThe Secret, Silent Wind-Power Peril (Part III: Fighting Back)
By Helen Schwiesow Parker -- February 9, 2017 6 Comments“Statements from Physicians for Human Rights and from Human Rights First are long overdue. Despite the enormity of its victims’ suffering, the Wind Scam is off limits for most of those who have become famous for speaking out for social justice and human rights.”
“Dismissing or denying Big Wind’s serious health impacts is akin to presenting tobacco as harmless because we profit from it or enjoy smoking. Hardwired into every environmental impact statement should be a Surgeon General’s Warning: Industrial wind turbines present a significant human health hazard to those residing within 1.25 miles or more!”
[This post completes a three-part series: Part I: The General Problem and Part II: Nina Pierpont and the ‘Wind Turbine Syndrome’]
How did we get to this point?
Energized by the Arab oil embargo of 1973, federal and state grants, energy tax credits, subsidies and mandates spurred a stampede toward an artificial market for wind-generated electricity.…
Continue ReadingGeorgia Power’s Nuclear Fiasco: ‘The Stipulated Settlement Should be Rejected’
By Jim Clarkson -- January 26, 2017 1 Comment[Ed. Note: The author, an energy-management consultant and a classical liberal, is an active voice for free-market energy policy in the Southeastern US. He is also a board director of the Institute for Energy Research (IER) and its advocacy arm, the American Energy Alliance.
The December 2016 filing below was followed by an agreement between the Georgia Public Service Commission and Georgia Power Company that allowed GPC recovery of $1.55 billion in cost overruns regarding the 2,240 MW two-unit Vogtle nuclear project. (The plant’s original cost estimate of $14 billion is currently at $18 billion, a 28 percent overage.)
Mr. Clarkson has critically written on the Vogtle project since 2012, Politics and the Nation’s Next Nuclear Plant (Georgia Power’s boondoggle under construction). Subsequent posts by Clarkson have been written in 2013; 2014; 2015 (here, here, here, and here); and 2016 (here and here).…
Continue ReadingExxon Mobil and the Carbon Tax: ‘Upon Further Review’
By Robert Bradley Jr. -- January 10, 2017 2 Comments“With a new political outlook in Washington, DC with climate and energy policy, Exxon Mobil should formally reject both cap-and-trade and a carbon tax.”
Rex Tillerson, whose confirmation hearing is scheduled for tomorrow, presided over a major public policy change while CEO of Exxon Mobil, reversing the prior policy of the principled realist Lee Raymond. Political forces, as well as a doomed attempt at appeasing its enemies (ending up in the state State Attorney General investigative war), led Exxon Mobil to reluctantly embrace a tax on carbon dioxide (CO2) emissions.
My interpretation of Rex Tillerson et al.’s (failed) policy shift finds support for “it was just PR” rather than a fundamental belief in climate peril. As such, this shift is easily reversible by Exxon Mobil’s new CEO, Darren Woods.…
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