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November 12, 2019
Point: Trump Is Absolutely Correct to Withdraw from the Paris Climate Agreement
One number is needed to illustrate the absurdity that is the Paris climate agreement: 0.17 degree Celsius. That is the temperature reduction in 2100 attendant upon the Paris greenhouse gas emissions reduction, which is the simple sum of the promises (“Nationally Determined Contributions”) made by the participating countries. The U.S. contribution to that “achievement”: 0.015…
November 11, 2019
Massachusetts’ Lawsuit Against ExxonMobil Brings New Meaning to Silly
Attorneys General are supposed to enforce the rule of law. They are not supposed to use lawsuits to achieve policy outcomes not enacted by the legislature. They are not supposed to pick targets that are politically unpopular and then try to find some hammer with which to attack them. They are not supposed to transform…
November 1, 2019
Is the IPCC Embarrassed or Phobic About Sustainable Development Goal 13?
I wrote recently about the new report from the UN Intergovernmental Panel on Climate Change (IPCC), released as a “Summary for Policymakers” of “Global Warming of 1.5°C,” a deeply politicized document that makes the following central arguments: I discussed all the reasons why this new report is not to be taken seriously, but I confess that I made a…
October 12, 2019
The Trouble with ‘renewable’ Energy
“Renewable” electricity — predominantly wind and solar power — is all the rage, described by numerous commentators, politicians, pundits, journalists, and other such “experts” as cost-competitive, clean, and a major part of the solution to the “existential crisis” now purportedly looming large as an attendant effect of anthropogenic climate change. A massive expansion of wind…
October 10, 2019
Has Irwin Stelzer Asked the Right Question on Climate Change?
My friend and former colleague Irwin M. Stelzer has written a short but interesting essay on climate policy, arguing that by asking the right question we will be oriented toward a useful set of policy prescriptions given the substantial uncertainties about the underlying facts and projections of anthropogenic warming. His arguments, which reflect closely those he articulated…
July 18, 2019
Using the Money of Investors to Promote the Theory of Man-made Warming
The House Subcommittee on Investor Protection, Committee on Financial Services, held a hearing earlier this month on environmental, social, and governance (ESG) disclosure rules and possible legislation requiring the Securities and Exchange Commission to mandate ESG standards for all publicly-traded firms. This would include a requirement that companies disclose in their annual reports the financial and business…
July 8, 2019
The Confusions of the ‘conservative’ Carbon Tax
Various news reports and self-serving political pronouncements would have us believe that imposition of a tax on “carbon” — emissions of greenhouse gases (GHG) — now enjoys growing support among Republican policymakers and conservative observers, a political premise advertised at a decibel level vastly higher than actual political reality would support. That reality is straightforward:…
May 6, 2019
Once the GOP Rolls out Climate Policies, It Endorses All the Assumptions of the Left
You can’t beat something with nothing, according to ancient Beltway wisdom, an outlook guaranteed to yield an inexorable increase in the size, cost, and destructiveness of government, even as it forces the opponents of “something” gradually to adopt the assumptions of the proponents, and to descend into a process of negotiating with themselves. The latest…
April 30, 2019
Nigeria and the US: A Tale of Two Energy Economies
When last we visited the topic of Nigerian energy markets and happenings, the reason that Nigeria simultaneously is energy-rich and energy-poor was illustrated by the ongoing tug of war between the Nigerian government and Process and Industrial Developments Limited (P&ID). This was over a prior agreement for P&ID to build a state-of-the-art natural gas processing plant along…
April 29, 2019
The Paris Agreement and the Costly Pursuit of the Trivial
President Donald Trump on June 1, 2017, announced that the US would exit from the international agreement on the reduction of greenhouse gas (GHG) emissions reached at the 21st Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC), held in Paris in December 2015. A final exit cannot take place…