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November 18, 2021
When Climate Is King, Perversities Follow
Back in the old days, the Federal Energy Regulatory Commission took its mandate seriously — specifically, to provide: Economically Efficient, Safe, Reliable, and Secure Energy for Consumers . . . at a reasonable cost through appropriate regulatory and market means, and collaborative efforts. Translation: A stance of neutrality and objectivity with respect to the complex choices…
November 9, 2021
Will ‘green Energy’ Produce More Jobs? Three Experts Discuss
As Washington considers increasing incentives for businesses moving to a clean-energy future, one of the big questions is: Will the “greening” of the economy result in more employment or less? Examples of “green jobs” include workers who build electric cars; construction contractors who install solar arrays and charging infrastructures; scientists who design carbon-capture solutions; and…
November 5, 2021
There Are No Free Lunches in Climate Politics
Fred Krupp gets everything wrong in “Methane and Other Climate Bargains” (op-ed, Nov. 2), his argument for sharp and “virtually cost-free” reductions in methane emissions. Using the EPA climate model, Mr. Krupp’s 30% reduction in methane emissions would reduce temperatures in 2100 by six one-hundredths of one degree Celsius, an effect that would not be…
October 29, 2021
The SEC’s Climate ‘disclosure’ Gambit
Inside the Beltway, most priorities are driven by the perceived political imperatives of the moment rather than by any set of actual principles. The ongoing herculean effort by the Securities and Exchange Commission to promulgate a rule forcing public companies to disclose the “risks” of climate change for their investors is no exception. It is clear that this rule will be followed…
September 24, 2021
The Proposed Methane Fee: An All-downside Proposal
The Methane Emissions Reduction Act of 2021 has been proposed as a “pay-for” – a source of revenue – in the reconciliation infrastructure package. It would impose a “fee” on methane emissions from natural gas and petroleum production systems and related processes, but not on such emissions from agricultural and other operations. Accordingly, it is…
September 20, 2021
What We Really Know About Climate Change
The sixth Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC) continues a long history of alarmist predictions with the deeply dubious statement that human-caused climate change has now become “irreversible.” President Biden and many others have called climate change an “existential threat” to humanity; and Biden claimed in his inaugural address to have heard…
August 13, 2021
Should US Policies Transfer Our Wealth to OPEC+?
Incoherence is nothing new in the Beltway, but it’s still quite something to see the Biden administration simultaneously pursue new constraints on U.S. production of fossil fuels as a central component of its “climate” policies, while at the same time attempting to avoid the adverse price effects of that production stance. The administration on August 11…
July 21, 2021
Green Infrastructure: Pass It and Then We’ll See What’s in It
With the August recess imminent, the congressional Democrats are desperate to spend huge sums of other people’s money, and “infrastructure” is as useful a rhetorical vehicle for that purpose as any. With their innumerable constituencies’ long wish lists hardly a secret, an infinitely elastic definition of “infrastructure” is a virtue born of necessity, one manifestation of…
July 13, 2021
Litigation Against Fossil Producers Is Litigation Against Energy Consumers and Voters
Supply and demand form the oldest and most powerful framework we have for analyzing price shifts for goods and services. Increase the cost of supplying a given good, and — presto! — its price will rise, imposing economic costs not only upon the producers but emphatically upon the consumers of the good. Which brings us to…
July 7, 2021
It’s Deeply Unserious to Suggest Global Warming Caused the Miami Condo Collapse
Energy Secretary Jennifer Granholm late last month “suggested it is possible climate change led to the partial condominium collapse in Miami, FL,” adding that “we don’t know fully” if it did or not, “but we do know that the seas are rising.” Yes, the seas are rising, as they have been for many centuries; the issue is…