A Free-Market Energy Blog

Archive

Posts from December 0

A Free Market Energy Vision

By Robert Bradley Jr. -- July 16, 2010

Energy is the master resource. Without it, other resources could neither be produced nor consumed. Even energy requires energy: There would not be usable oil, gas, or coal without the energy to manufacture and power the requisite tools and machinery. Nor would there be wind turbines or solar panels, which are monuments to embedded fossil-fuel energy.

And just how important are fossil fuels relative to so-called renewable energies? Oil, gas, or coal generates the electricity needed to fill in for intermittent wind and solar power to ensure moment-to-moment reliability. So renewable energy, ironically, is dependent on nonrenewable energy short of prohibitively expensive battery technology assuring the flow of electricity.

As a component of all products and services, energy needs to be affordable, convenient, and reliable. To this end, public policy should respect consumer preference and allow energy producers to meet the demands of the marketplace.…