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March 12, 2025
How To Get Rid of a Tenured Professor
I was a tenured full professor at the University of Colorado Boulder for almost 24 years. At the end of 2024, I left. Officially, it was a voluntary departure. But I sure felt like I’d been pushed out. My story started in 2015, when Rep. Raúl Grijalva (D–Ariz.) asked the university to investigate me. He alleged that…
March 11, 2025
Welcome to the Era of Energy Realism
Every year for the past 15 years, JP Morgan publishes an outstanding annual energy report by Michael Cembalest. Last week JP Morgan published its 2025 edition and today I share five important figures from the many in the report, which I highly recommend. Cembalest’s top line: [A]fter $9 trillion globally over the last decade spent on wind, solar,…
March 3, 2025
Thinking About Tanks
Speaking yesterday on Fox News, U.S. Secretary of Commerce Howard Lutnick indicated that official data for U.S. GDP would now separate out government spending from the rest of the nation’s overall economic tally. “You know that governments historically have messed with GDP. They count government spending as part of GDP. So I’m going to separate those two…
February 27, 2025
Innovating Future Power Systems: From Vision to Action
The electricity sector is at an inflection point. The historical model of centralized, monopoly-provided electric service is under pressure from technological change, shifting market forces, evolving policy objectives, and changing consumer expectations. This transformation is accelerating. One fundamental question looms: how can power systems evolve to balance desired outcomes like reliability, resilience, affordability, and decarbonization…
February 19, 2025
Regional Transmission Organizations as Market Platforms IV
Networks shape modern life. From roads to the internet to global supply chains, they enable movement, exchange, and value creation. But networks also suffer from congestion, a problem driven by both physical limitations and the difficulty of defining and enforcing property rights. In some networks, pricing mechanisms can help mitigate congestion, but political and regulatory…
February 19, 2025
Regional Transmission Organizations as Market Platforms IV
Networks shape modern life. From roads to the internet to global supply chains, they enable movement, exchange, and value creation. But networks also suffer from congestion, a problem driven by both physical limitations and the difficulty of defining and enforcing property rights. In some networks, pricing mechanisms can help mitigate congestion, but political and regulatory…
February 18, 2025
Another Step Forward in NEPA Reform
America’s system of environmental reviews has been choking progress for a half-century. A key culprit: the National Environmental Policy Act, once a seemingly sensible safeguard that has metastasized into a bureaucratic quagmire that can entangle projects for years at great cost. As I write in my 2023 book, The Conservative Futurist: How To Create the Sci-Fi…
February 10, 2025
Hits and Misses
The term “scenario” was introduced by a group of researchers at the RAND Corporation in the 1960s. Herman Kahn explained its origin in 1979: “We deliberately chose the word [scenario] to deglamorize the concept . . . There is no a priori concept that a scenario should be taken seriously or that it is intended to reflect aspects…
January 31, 2025
Regional Transmission Organizations as Market Platforms III
As a follow-on to my previous two posts on regional transmission organizations (RTOs) in electricity, I was heading in a direction that relies on you, dear reader, having a foundational understanding of the investor-owned utilities (IOUs) that are the transmission owners (TOs) in RTOs. Many of you do, but lots don’t, especially tech folks who…
January 27, 2025
The Most Major Hurricanes Ever
Last year the world experienced the most major hurricane landfalls since records are available, tying only 2015, with 11 storms. Does last year indicate that we have reached a new climate-fueled normal? Let’s have a look. More than a decade ago, Jessica Weinkle, Ryan Maue, and I published the first long-period global hurricane landfall dataset using a consistent methodology….