While this speech is mostly hogwash, I am surprised and delighted to be able to find one thing to praise in it:
Later this week, I will work with my colleagues at the G20 to phase out fossil fuel subsidies so that we can better address our climate challenge
This is the right thing to do, for reasons I explained in my recent paper co-written with Sterling Burnett of NCPA (extract follows jump).
While many governments of developed nations argue for a worldwide reduction…
Apologies for the late notice, but I had an article on the potential of solar power in last Friday’s Washington Examiner:
If the American Clean Energy and Security Act, which passed narrowly in the House of Representatives this week, also passes the Senate, does this mean that we’ll soon replace coal-derived electricity with clean and green solar power? Don’t count on it. Solar has a lot of problems, and those relying on it for the promised “green jobs” will probably be…
It’s not often I disagree with Ron Bailey, but his article about the “Smart Grid” today glosses over the main reason why electric companies aren’t investing in it now.
It’s not because they’ll be selling less electricity and that means reduced profits. One of the main points about a smart grid means that you can charge more when there is a strain on the system caused by peaking and less when there isn’t. So your income stream takes on a different character.…
Well, who can possibly be surprised by the revelation that “The federal government’s economic stimulus package will include investment in broadband Internet infrastructure and funds to upgrade and repair the national power grid alongside more traditional funding for road and bridge repair.”
Details, as usual, do not exist, other than the obvious golden chains that come with power grid investment: get the cash, but throw it away on inferior “renewable” investments, thereby draining future wealth and resources (for example, no fuel…
In a January 17, 2008 interview with the San Francisco Chronicle, Senator Obama said that “electricity rates would necessarily skyrocket” under his plan to fight global warming. He also said that under his plan, “if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them.” “An Obama spokesperson said that Obama’s remarks were taken out of context.”
Is there something in the water in San Francisco that makes officials utter explosive disclosures? Earlier, Obama attracted controversy for saying at a San Francisco fundraiser that people in…
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