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  • U.S. Way Ahead in Clean Energy Race

    If clean-energy means “low-carbon” (a definition to which I object), then the U.S. is way, way ahead of China in the clean-energy race. If it means low-everything-else, we are still way, way ahead, since China has a pathetic record on controlling genuine pollution. Getting hung up on commoditized solar-panel or … More

    Pollution Costs and GDP

    Instead of the intellectual vandalism that typifies too much of Paul Krugman’s writing, it would be more useful if he returned to writing about economics…with facts. In a recent column he says: So if you really believed in the logic of free markets, you’d be all in favor of pollution … More

    Commercially Viable = Can’t Get Financing?

    Maybe the Department of Energy (DOE) would lend me money to buy lottery tickets. For the tickets that win, I’ll pay them back their dollar (plus $0.001 for a week’s interest). For those that lose, well, that just happens in this sort of business. They have to expect losses. That’s … More

    Solyndra to Solar City: Lesson Not Learned in Green Energy Loan

    Basking in the glow from the $535 million fire left when Solyndra crashed and burned, the Department of Energy is ready to subsidize additional hundreds of millions in loans to solar energy companies. The logic of this latest round is stunning: One company supposedly needs the government subsidy because its … More

    If IPCC Sea Level Numbers Aren’t Bad Enough, Try Tripling Them

    A recent study authored by Mark Crowell of the Federal Emergency Management Agency estimates that in the U.S., climate change will increase the area subject to flooding by 45 percent in 2100. But to get this number, the study used estimates of sea-level rise that were more than 200 percent … More

    Shell Game Is Not an Energy Policy

    Releasing 30 million barrels of petroleum from strategic reserves is not an energy policy, and it is not an especially useful response to either short-run or long-run pressures on gasoline prices. Because the release is scheduled to stop in 30 days, market adjustments will partially offset the release’s impact in … More

    What If Oil Producers Actually Received Subsidies Like Wind Energy Producers?

    With the current debate over ending oil producers’ subsidies the question arises as to what subsidies do the producers actually get.  It is a surprisingly complicated question.  Wind producers also get subsidies that take complex forms—investment tax credits, production tax credits, mandates, property tax exemptions, etc.  But the major federal … More

    China's Bullet Train Fiasco: A Warning to America

    Well, the Chinese finally have a green-energy idea worth stealing: arrest government officials who foist overpriced, underperforming, debt-ballooning, money-losing projects on taxpayers. Earlier this year, Liu Zhijun, Minister of Railways in the People’s Republic of China, was arrested following investigations into cost overruns and poor performance of the ministry’s showcase … More

    Driving A Wedge Between Reality and Reporting

    Self-styled commentator, comedian, and wedge-issue fan, Tina Dupuy, recently drove a wedge between reality and reporting.  In her Atlantic column she declares the bogus assertions of Citizens for Tax Justice as “fact,” and trashes The Heritage Foundation analysis for employing common sense and economic logic. When an activity is rewarded, … More

    Quit Repeating Nonsensical Oil Statistics!

    “I give out this statistic all the time, and forgive me for repeating it again: America holds about 2 percent of the world’s proven oil reserves.” – President Barack Obama, March 30, 2011 It would be easier to forgive the President’s repetition if it the way he used it made … More