In a magnificent display of self-delusion, the green movement is holding a demonstration at the Capitol’s power plant today to protest the continued use of coal to keep people warm. Although I’d love to put the continued operation of Congress at the mercy of the weather, there is a more important point here. Coal is Affordable energy increases people’s income, keeps them in jobs, and keeps them alive. Here is a brief summary of some important research on the subject.
The…
A major part in the rebranding of the British Conservative Party following a traumatic election defeat (sound familiar?) in 2005 was a turn to environmentalism. Part of this was a plan to introduce “green taxes,” theoretically shifting the focus of taxation from labor (taxing a ‘good’) to carbon production (taxing a ‘bad.’) This morning, however, The Guardian confirms what many have been saying for some time; the Tories have decided
To downgrade green taxes in response to growing unease that these could…
Juxtapose this from the Washington Post–
Gore envisions a nationwide “Smart Grid”–a massive underground network of electrical power lines that would be powered by massive solar panel installations in the Southwest, and huge wind turbine installations in the Pacific Northwest. The Smart grid would dole out power and regulate itself using 21 Century computer technology, Gore said. Gore said such a system would cost $600 billion to build, but that it would pay for itself quickly.
With this from E and E–
California’s…
From today’s Greenwire:
NEW YORK — The crisis roiling Wall Street is threatening to choke financing for green energy projects. Venture capitalists and private equity firms could fill the void as traditional financing options dry up. Indeed, private equity fund managers say the current turmoil could turn into a net positive for them: As debt markets turn their backs on green energy companies, many will look to venture capital and private equity to get backing for new projects or expansions. But…
I have a post up about the terrible energy bill currently before Congress on The Hill’s Congress Blog. The teaser:
The Energy Bill currently under consideration in Congress is being widely touted as a compromise, because it includes some provision for drilling. The implication is that House Democrats, bombarded with complaints from their constituents over high energy prices this summer, have bowed to the inevitable and reached out to their Republican opponents to agree on a new dawn for drilling in…
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