Tag Archives: green energy

Changing The Rules

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The Federalist posted an article today about some of the rules that are being put in place in the House of Representatives. These rules will damage America. They will also result in major Democrat losses in the House of Representatives in 2022. The question is how much damage can the Democrats do in two years.

The article reports:

House Democrats blocked a Republican measure Monday to cut a provision in the Democrats’ rules package for the 117th Congress exempting favored legislation from PAYGO requirements such as the socialist Green New Deal.

PAYGO requirements stipulate that any legislation spending money must include a “payfor” component that could come in the form of additional legislation analyzed by the Congressional Budget Office (CBO) offering members insight into the true cost of any new spending bill. Under the proposed Democratic rules, however, proposals such as the Green New Deal are exempt from the requirement, protecting its supporters from having to answer how to cover its initial estimated $93 trillion price tag.

Are there any fiscally responsible Democrats that could have stopped this?

The article continues:

“On only day two of the 117th Congress, House Democrats are already attempting to strip Americans of the transparency they deserve in order to push through an expensive progressive wish-list,” House Budget Committee Republican Ranking Member Jason Smith of Missouri admonished lawmakers. “This exemption is irresponsible since arguably it could apply to any radical, progressive, out-of-touch legislation dreamed up next by House Democrats.”

Democrats blocked the Republicans’ Motion to Commit, striking the exemption by a margin of 217 to the GOP’s 203 voting in favor. The radical proposals Smith prophesied are certainly in the pipeline.

The article concludes:

With few votes to spare on major legislation, Pelosi will need to keep her caucus’s farthest-left members on board. The final check on two years of Democrats passing every item on their wish list with an incoming Democratic president then falls to the Senate, control of which will be decided in the Georgia Senate runoffs Tuesday.

Hang on to your wallets. This is going to get very ugly and very expensive.

The Part Of The Story Rarely Told

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Issues & Insights posted an article today detailing the environmental problems with green energy. Yes, you read that right.

The article reports:

Left out of the often mistaken, never in doubt assertions of renewables’ unalloyed goodness is the fact that the hardware used is hardly renewable. It wears out and needs to be replaced. Then what?

“The problem of solar panel disposal ‘will explode with full force in two or three decades and wreck the environment’ because it ‘is a huge amount of waste and they are not easy to recycle,’” writes energy analyst Michael Shellenberger, quoting a Chinese recycling official.

In his 2018 Forbes column headlined “If Solar Panels Are So Clean, Why Do They Produce So Much Toxic Waste?” Shellenberger also quotes a four-decade veteran of America’s solar industry, who said “the reality is that there is a problem now, and it’s only going to get larger, expanding as rapidly as the PV industry expanded 10 years ago”; and researchers from the Institute for Photovoltaics in Stuttgart, Germany, who found that “contrary to previous assumptions, pollutants such as lead or carcinogenic cadmium can be almost completely washed out of the fragments of solar modules over a period of several months, for example by rainwater.”

More recently, Hazardous Waste Experts reported worn-out solar panels are “a potent source of hazardous waste,” producing a “dilemma” that “is especially virulent in California, Oregon, and Washington, as those states started adopting solar energy earliest in the game – suggesting that eco-virtue mightn’t necessarily be its own reward.”

And just as solar and wind chew up immense tracts of real estate, so, too, will the retirement of solar energy’s constituent parts.

I was not the world’s greatest student of physics (that is an understatement), but I do remember learning that it is impossible to make a perpetual motion machine because of friction. The quest for clean energy reminds me of the search for a perpetual motion machine. America has cut its carbon emissions in recent years by using more natural gas, which is a relatively clean source of energy. That change makes much more sense and is much less disruptive than some of the radical ideas being proposed by the political left in America.

The Myth Of Green Energy

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Yesterday John Hinderaker at Power Line Blog posted an article about the feasibility of achieving 100 percent green energy.

The article notes:

High on the Left’s agenda is mandating 100% “green” generation of electricity–if not 100% of energy, period. I believe Joe Biden, among others, has now come out for 100% “green” energy, meaning wind and solar. But for now, let’s stick with energy generation. Would it be feasible to get 100% of our electricity from wind and solar?

Basic problems with these energy sources include inefficiency and intermittency. Wind turbines produce energy around 40% of the time, and solar panels do much worse than that in many parts of the country. So how does a utility ensure that the lights will go on, even at night when the wind isn’t blowing?

The liberals’ favorite answer is “batteries.” Produce electricity when the wind is blowing and the sun is shining, and store the energy in batteries for use when electricity is not being generated. Batteries exist, of course; we use them all the time. But where is the battery that can store the entire output of a power plant or a wind farm? That battery does not exist. Further, battery storage is ruinously expensive. The cost of storing the entire electricity needs of the U.S. for even a day would be prohibitive.

But there are also other problems in terms of the materials required.

The article notes:

But that isn’t the worst of it. Wind and solar are low-intensity energy sources. It takes many acres of wind turbines to produce, on a best-case scenario, what a single power plant can produce. And solar panels are even worse. A single 3 mw wind turbine uses 335 tons of steel, 4.7 tons of copper, 3 tons of aluminum, 2 tons of rare earth elements, and 1,200 tons (2.4 million pounds!) of concrete. If we take seriously the idea of getting all of our electricity from wind and solar, where will all of those materials come from?

The article links to another article at Center of the American Experiment that explains how much metal would required in just Minnesota to implement the Green New Deal. Please follow the links above to read both articles. They are enlightening.

The article at Power Line Blog concludes:

The Democrats’ “green” agenda does not represent a set of meaningful policy proposals. Taken seriously, and objectively evaluated, they immediately crumble. It is literally true that the Democrats could propose to harness the energy of unicorns running on treadmills, and it would make as much sense as reliance on wind, solar and batteries. “Green” energy is driven by two closely related things: 1) politics, and 2) enormous quantities of money being made by politically-connected wind and solar entrepreneurs.

We need to use energy wisely and we need to do what we can to prevent pollution. But we also need to remember that as cultures become more advanced, those advancements tend to result in cleaner air and cleaner water. Many of the rivers and lakes in America are cleaner than they were 100 years ago because of scientific advancements in sewage treatment and manufacturing. We are capable of protecting the environment and also enjoying the fruits of civilization.

Blacklisting In The Scientific Community

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Climate change seems to be an issue that will not die. Even when science refutes it, the call for crippling our economy in the name of the environment continues. Climate change enthusiasts seem to overlook the fact that America has reduced its carbon footprint significantly in the past few years. Meanwhile, the march toward green energy that so far is unworkable continues.

Today Issues and Answers reported the following:

“A climate advocacy group called Skeptical Science hosts a list of academics that it has labeled ‘climate misinformers,’” Pielke recently wrote in Forbes. “The list includes 17 academics and is intended as a blacklist.” 

Pielke says we know this through a Skeptical Science blogger “named Dana Nuccitelli.” According to Pielke, Nuccitelli believes that Judith Curry should be “unhirable in academia” based on her statements about global warming.

Nuccitelli tweeted that “Curry’s words, as documented … are what make her ‘unhirable.’” Both the blog and Nuccitelli of course deny there’s a blacklist.

The “unhirable” Curry is no crank. She is the former chair of Georgia Tech’s School of Earth and Atmospheric Sciences, and is a fellow of both the American Geophysical Union and American Meteorological Society. She stepped down from her position at Georgia Tech at the insistence of an administrator, she told Pielke. The Earth and Atmospheric Sciences dean had heard from “several activist climate scientists who had a very direct pipeline to” the dean’s office, and had expressed their “extreme displeasure” over Curry’s presence at the school, she said.

Curry looked into positions at other universities, interviewed for two, but was never hired. According to her headhunter, “the show stopper was my public profile in the climate debate.”

Follow the link to the article to see more examples of this blacklisting.

This is even more concerning when you consider the following the following comments about the true agenda of the climate-change movement:

Have doubts? Then listen to the words of former United Nations climate official Ottmar Edenhofer:

“One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with the environmental policy anymore, with problems such as deforestation or the ozone hole,” said Edenhofer, who co-chaired the U.N.’s Intergovernmental Panel on Climate Change working group on Mitigation of Climate Change from 2008 to 2015.

So what is the goal of environmental policy?

“We redistribute de facto the world’s wealth by climate policy,” said Edenhofer.

This quote is posted in an article at rightwinggranny on March 30, 2016. The quote was from Investor’s Business Daily.

 

Real-life Stories About Green Energy

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Massachusetts is generally a pretty liberal state. Green energy is popular there. However, recently there have been some events that have caused some state residents to question the wisdom of ‘going green.’

On February 13th (updated February 14th) The Cape Cod Times reported:

After years of running into roadblocks, residents who live near Future Generation Wind made some headway Wednesday night when the Plymouth Board of Health unanimously voted to declare the four turbines along Route 25 a nuisance.

“We want to do justice to this and to all the parties involved,” board Chairwoman Birgitta Kuehn said.

The board also unanimously voted to take action on the turbines within a reasonable time.

Up to 30 residents from Bourne and Plymouth crowded into the meeting room to complain again about how the turbines negatively affect their lives on a daily basis.

“It is amazing to me that these turbines were built in a residential area,” board Vice Chairman Barry Potvin said. “This is clearly something the Board of Health has to take up, because we are sworn to protect the health and safety of the people who live in this area.”

The article explains some of the difficulties in removing the turbines:

The four 500-foot ConEdison Solutions wind turbines were installed in June 2016. They sit close to the Bourne border, but because they are located in Plymouth, it has been difficult for Bourne residents to fight through their own town government.

Since their installation, the Buzzards Bay Action Committee, a nonprofit group dedicated to preserve and protect Buzzards Bay, has collected approximately 360 complaints from residents in the area. Complaints include shadow flicker, nausea, vertigo, sleep disturbance, headaches, anxiety and sound disturbances.

The article concludes:

In October 2018, the Bourne Board of Health found the turbines were a nuisance and sent a letter to the Plymouth Board of Health, Planning Board, Board of Selectmen and Zoning Board of Appeals, which is responsible for licensing the turbines. No action had been taken since.

If the turbines are removed it would mirror what happened to the two turbines that were at the Falmouth wastewater treatment plant.

After residents in that town complained of the negative impacts from the turbines, a Barnstable Superior Court judge ordered in 2013 that neither turbine could spin again. The November town meeting voted to spend $2.5 million to dismantle the turbines.

The Falmouth turbines, however, were town-owned on town property. The Plymouth turbines are on private property and are owned by a private company.

Moving forward, members of the Buzzards Bay Action Committee plan to attend the Plymouth selectmen’s meeting Feb. 25 to further discuss the issue and possible next steps.

So let’s look at some of the consequences of this particular rush to ‘green energy.’ The residents whose electricity comes from the company that put up the windmills have paid for the installation of the windmills in the form of higher electric rates. Since Massachusetts’ electric customers have an option to choose their electric provider, I suspect the company has lost customers. Meanwhile, I would guess that the rates for the remaining customers have increased. The residents of the towns involved are also expected to use their tax money to dismantle the windmills. This adventure into ‘green energy’ which relied on government subsidies rather than the free market has been a lose-lose for the residents of the towns involved.

The only reasonable path to ‘green energy’ is the free market. Even at that, it may be that the search for ‘green energy’ is similar to the never-ending search for a perpetual motion machine, a concept that totally ignores the basic principles of physics.

Spin vs. Reality

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The Washington Examiner posted an article today about the latest events in the climate change debate.

The article reports:

Speaking at the United Nations in December, House Speaker Nancy Pelosi drew cheers by saying the United States was “still in” the Paris Climate Agreement. Green activists applauded Pelosi’s defense of the international climate accord, which President Trump had vowed to exit. These activists claim that remaining in the Paris Agreement will help reduce global emissions.

They are wrong.

European leaders have spent years trying and pointedly failing to solve the climate crisis with regulation. Whether intentionally or not, U.S. policymakers have mostly avoided top-down solutions. And counterintuitively, or perhaps it should have been intuitive, the U.S. now leads the developed world in reducing carbon emissions.

America didn’t need a treaty–we just needed a President who understood how to balance environmental policy and the freedom and interests of the American people.

The article explains why the American approach has worked:

…instead of banning fossil fuels outright, the U.S. embraced natural gas amid a boom in its production. Thanks to a process called hydraulic fracturing or “fracking,” we’ve managed to tap new reserves of natural gas. In 2015, the U.S. surpassed Saudi Arabia and Russia to become the world’s top producer of natural gas. By 2018, energy companies produced over 60% more natural gas than they had two decades earlier. This newfound abundance of natural gas has helped our nation transition away from coal, which emits twice as much carbon dioxide.

Thanks to this shift, U.S. carbon dioxide emissions have hit 30-year lows, even as global emissions have increased by 50% during the same period. And since 2005, natural gas has done more to reduce power sector dioxide emissions than all renewable energy sources combined, according to the Energy Information Administration.

By eschewing regulation, America has also spurred additional emissions-reducing innovations in the private sector. Freed from red tape, U.S. energy firms have been able to devise and implement a host of groundbreaking green technologies. For example, a new technology called CleanWave strips chemicals from fracking wastewater using positively charged ions and bubbles. The Texas-based energy firm Apache reduces greenhouse gas emissions by powering fracking engines with natural gas instead of diesel.

The article concludes:

While the rest of the world fumbles with green energy policies, the U.S. continues to reduce emissions. We don’t need regulation to guarantee future success. American firms will continue to combat climate change, as long as we let them.

The free market works any time you let it.

A New Twist On Environmentalism

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There is a lot of questionable science behind the push for ‘green energy.’ In some ways the quest is reminiscent of the quest for the elusive perpetual motion machine. One of the main reasons we have the wind and solar farms we have is that they are heavily subsidized by the government. Because the government has gotten involved, the free market has not invented the technology to make green energy truly effective. Why should they when competition is not a factor? Less than perfect technology has its challenges.

Yesterday John Hinderaker at Power Line posted an article with the following headline, “Wind Energy Collapsing In Germany.’

The article reports:

The expansion of wind power in the first half of this year collapsed to its lowest level since the introduction of the Renewable Energy Act (EEG) in 2000. All in all, just 35 wind turbines were build with an output of 231 megawatts. “This corresponds to a decline of 82 percent compared to the already weak period of the previous year”, according to the German Wind Energy Association (BWE) in Berlin.

“This makes one nearly speechless,” said Matthias Zelinger at the presentation of the data. The managing director of the Power Systems division of the German Engineering Federation (VDMA) spoke of a “blow to the guts of the energy turnaround”. This actual development doesn’t match “at all to the current climate protection debate”.

The article notes the cause of the decline:

The most important cause lies in the legal resistance of wildlife and forest conservationists fighting new wind farms. The BWE President referred to an industry survey of the onshore wind agency. According to its findings, more than 70 percent of the legal objections are based on species conservation, especially the threat to endangered bird species and bats.

The article concludes:

The conservationists have a point. One of the worst features of both wind and solar energy is that they are terrible for the environment. They use up an enormous amount of land that otherwise would be available for agriculture, development or recreation. They are eyesores. And they kill huge quantities of wildlife.

It isn’t the most important reason to oppose corrupt subsidies and mandates for “green” energy, but the fact that these energy sources are bad for the environment is one more nail in the coffin.

Somehow I don’t expect to see this news in the mainstream media.

Following The Money On Renewable Energy

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John Hinderaker at Power Line Blog posted an article yesterday about the cost of the a green energy proposal in Minnesota. The article illustrates what will happen if this sort of program is attempted on a national scale.

The article reports:

Today Center of the American Experiment released a groundbreaking paper that addresses a relatively mild “green” proposal: legislation that would raise the renewable energy standard in Minnesota from 25% to 50%. Two of my staffers have been working on the paper for months, drawing on publicly available (but rarely consulted) sources to understand what would be necessary to achieve that 50% goal, what it would cost, how it would impact the state’s economy, and what effect it would have on global temperatures.

The paper is titled “Doubling Down on Failure: How a 50 Percent by 2030 Renewable Energy Standard Would Cost Minnesota $80.2 Billion.” With appendices, it runs to 75 pages. I am not aware of a similarly comprehensive analysis that has been done of any “green” proposal at either the state or the federal level. The paper is fully transparent: all assumptions, data and calculations are clearly set forth. The appendices are largely spread sheets. If anyone disagrees with the report’s conclusions, it should be easy to identify where and why those disagreements arise. You can read the paper here.

The article cites a few highlights from the report:

* Building and maintaining “green” wind and solar facilities, along with transmission lines and necessary natural gas complementary plants (to provide electricity when the wind isn’t blowing, i.e. 60% of the time), would cost $80.2 billion through 2050. For a state like Minnesota, that number is out of the question.

* Every household in Minnesota would pay an average of $1,200 per year, in 2016 dollars, through higher electricity rates and otherwise.

* Electricity prices would rise by 40.2%.

* Electricity-intensive industries like mining, agriculture, manufacturing and health care would be hurt the most. Once again, urban greenies are hammering rural, and physically productive, America. [That last is my commentary, not found in the executive summary.]

* Higher electricity prices are a dead loss that will reduce spending in other areas as household budgets are squeezed. Therefore, according to economist John Phelan, using the generally accepted IMPLAN software, achieving the 50% renewable goal would cost Minnesota 21,000 permanent jobs, and reduce the state’s GDP by $3.1 billion annually. It is one small step on the road to Venezuela.

This really does not sound like a good idea. The push for green energy has always been about government power–whether at the state or federal level. It is interesting that the political left has chosen to attack fossil fuels just at the time when America has achieved energy independence because of fossil fuels and fossil fuels are driving our economic success. Economic success is the enemy of those who espouse socialism–if people are become prosperous, why would they want something different?

The Need For A Reality Check

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Green energy is a wonderful concept. Energy in Iceland is almost entirely green because the country sits on a number of volcanoes that supply it with thermal energy. I’m not sure that I am willing to live on a volcano to get thermal energy, but that is one way to go green. However, the quest for green energy where there is not such an obvious energy source has not been particularly successful.

CNS News posted an article yesterday about the statement put out by Speaker Pelosi to recognize Black History Month.

The article has the entire statement, but I think the focus is interesting:

Democrats will be pushing a “For the People” agenda that will include raising wages by building green infrastructure.

“And we are pushing forward a bold, ambitious agenda For The People to make good on the promise of the American Dream for everyone by lowering the cost of health care and prescription drugs, raising wages by rebuilding America with green, modern infrastructure, and strengthening our democracy by ensuring that our government works for the public interest, not the special interests,” Pelosi said.

Let’s talk about rebuilding America with green, modern infrastructure. Green energy is one of the major special interest groups in America.

In 2015, The Washington Times reported:

Taxpayers are on the hook for more than $2.2 billion in expected costs from the federal government’s energy loan guarantee programs, according to a new audit Monday that suggests the controversial projects may not pay for themselves, as officials had promised.

Nearly $1 billion in loans have already defaulted under the Energy Department program, which included the infamous Solyndra stimulus project and dozens of other green technology programs the Obama administration has approved, totaling nearly about $30 billion in taxpayer backing, the Government Accountability Office reported in its audit.

The hefty $2.2 billion price tag is actually an improvement over initial estimates, which found the government was poised to face $4 billion in losses from the loan guarantees. But as the projects have come to fruition, they’ve performed better, leaving taxpayers with a shrinking — though still sizable — liability.

It’s a good thing Speaker Pelosi didn’t say anything about lowering taxes–maybe the increased wages with increased taxes will pay for the green energy.

This green energy idea has not been successful when tried before.

In August 2014 The Daily Caller posted an article about Spain’s attempt to convert to green energy:

According to a new report by the free-market Institute for Energy Research, Spain’s green energy policies have resulted in skyrocketing electricity prices, billions of euros in debt and rising carbon dioxide emissions.

“For years, President Obama has pointed to Europe’s energy policies as an example that the United States should follow,” said IER in a statement on their new study. “However, those policies have been disastrous for countries like Spain, where electricity prices have skyrocketed, unemployment is over 25 percent, and youth unemployment is over 50 percent.”

Spain began heavily subsidizing green energy sources, like wind and solar, in the early 2000s with its“Promotion Plan for Renewable Energies. The country used a combination of generous feed-in tariffs, green energy generation quotas and green power subsidies to boost renewable energy development in the country and lower its carbon dioxide emissions.

…But what seemed like a booming green energy economy on the surface was really becoming a costly way to help drive Spain into economic recession. By 2011, Spain’s electricity prices stood at 29.46 U.S. ¢/kilowatt-hour — two and a half times what electricity cost in the U.S. at the time.

President Trump has helped all Americans. We have the lowest unemployment among minorities that we have had in a very long time. Wages are going up, taxes are going down, and the workforce participation rate is climbing. I suggest that if Speaker Pelosi truly wants to help minorities during Black History Month she should support President Trump’s economic agenda.

The Things They Never Told Us About Wind Power

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An article at the Center of the American Experiment website tells us some of the things the media might not have mentioned about wind power:

An industrial wind facility in Kewaunee County, Wisconsin has been decommissioned after just 20 years of service because the turbines are no longer cost effective to maintain and operate. The decommissioning of the 14 turbines took many people by surprise, even local government officials and the farmer who had five of the turbines on his property.

What’s really surprising about these wind turbines being decommissioned after 20 years is the is the fact that people were surprised by it. You’d be astonished at how many people I talk to that have no idea that wind turbines only last for 20 years, maybe 25. In fact, the National Renewable Energy Laboratory says the useful life of a wind turbine is only 20 years.

The following chart appears in the article:

So what do we do with these things after they have lived their useful life span? Can we dispose of them in a way that is environmentally safe?

The article notes:

The short usable lifespan of a wind turbine is one of the most important, but least-talked about subjects in energy policy.

In contrast to wind, coal, natural gas, and nuclear plants can run for a very long time. Coal and natural gas plants can easily run for 50 years, and nuclear plants can be updated and retrofitted to run for 60 years. This has profound implications for the cost of electricity on a per megawatt hour basis that seemingly no one is talking about.

When the federal government puts out their cost projections for energy, the numbers they produce are called the Levelized Cost of Energy, or LCOE. These numbers are supposed to act as a measuring stick that allows policymakers to determine which energy sources will best serve their needs, but these numbers are wrong because they assume all power plants, whether they are wind, coal, natural gas, or nuclear will have a 30-year payback period.

This does two things, it artificially reduces the cost of wind power by allowing them to spread their costs over 30 years, when 20 would be much more appropriate, and it artificially inflates the cost of coal, natural gas, and nuclear by not calculating the cost over the entirety of their reasonable lifetimes.

The search for totally green energy is not unlike science’s search for a perpetual motion machine. Scientists and engineers may come close, but the perpetual motion machine cannot exist because it contradicts the laws of physics.

The Economic Problem With Green Energy

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Townhall posted an article today about the impact of green energy on the middle and lower class.

The article reports:

Liberals love to talk about helping the poor and the middle class, and they are obsessed with reducing income inequality. So why is it that across the country they are pushing one of the most regressive taxes in modern times?

I am talking about the fad “green” initiative in states such as California, Arizona and New Jersey that require local utilities to buy expensive renewable energy. These renewable energy standards require that utilities to buy expensive wind and solar power. They then pass these costs onto the poor and working class who get stuck paying the tab.

In Sacramento, California, the legislature is speeding ahead with one of the most absurd proposals of modern times by mandating 100 percent renewable energy by 2045. This would mean no coal, no natural gas and no nuclear power.

Meanwhile in Arizona, voters will decide on a ballot initiative funded by billionaire Tom Steyer that would increase renewable mandates to 50 percent over the next decade or so.

The article concludes:

Low-income households spend at least four to five times more out of their incomes in energy costs than do millionaires. For a family with an income of $40,000 or $50,000, an extra $500 a year in costs means less money for school supplies, day care, a family vacation or health insurance.

All of this is so unnecessary. If wind and solar are truly the energy sources of the future — with reliability and low costs — let the market determine that. Why do they need mandates and billions of dollars of federal subsidies to make them work? This is an experiment of imposing high costs on American small businesses, farms and families to pay off wealthy green energy investors. Could anything be more illiberal than this?

One of the benefits of the economic growth the Trump administration has created is the resurgence of the middle class–it is growing instead of shrinking (as it did under President Obama). The middle class is the strength of our republic–it is the only bulwark we have against the misguided proponents of socialism. When the middle class realizes the impact socialism will have on them, they oppose it. Unfortunately the students in our high schools and colleges are not getting that message. Using green energy as an excuse to increase the poverty levels is not a good idea. It is not a surprise that the people proposing the increase of green energy are the people least likely to be impacted by it.

Going ‘Not-so Green’

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On Friday, WattsUpWithThat posted an article about the promotion of off-shore wind farms by some eastern states in America. The article details some of the problems with off-shore wind farms.

The article cites the cost of the wind farms and the cost to consumers:

The governors of Massachusetts, Rhode Island, New York, New Jersey, Maryland, and Virginia have signed executive orders or passed laws to procure offshore wind systems valued at billions of dollars. Officials are eager to win leadership in what is perceived to be a new growth industry. The US Department of Energy has funded over $200 million in offshore wind research since 2011.

Massachusetts Governor Charlie Baker signed a law in 2016 requiring utilities to purchase 1,600 megawatts of electricity from offshore wind systems over the next 10 years. The law requires that wind systems be “cost effective to electric ratepayers.” But history shows that costs are likely to be far above the New England wholesale market price of 5 cents per kilowatt-hour.

Massachusetts paid solar generators a subsidy of 25 cents per kilowatt-hour during the state’s solar build-out in 2013. Rhode Island’s Block Island wind system, the first offshore system in the United States, now receives over 27 cents per kW-hr, with an annual guaranteed rate increase of an additional 3.5 cents per kW-hr. New England residents must enjoy paying renewable generators more than six times the market price for electricity.

When we lived in Massachusetts, we were able to choose the source of our electricity. Since we lived in an all-electric house, it was to our advantage to choose carefully. We chose a company that got its electricity from Canada in order to avoid the increased cost of Massachusetts’ going green. I am not sure if that option is still available to Massachusetts utility customers.

The article explains the problem of wind turbines and hurricanes (which do happen on the east coast):

Specifications call for wind systems to withstand gusts up to 156 miles per hour, but this isn’t good enough for some of our Atlantic hurricanes. Last September, hurricane Maria struck Puerto Rico with Category 4-strength winds and destroyed many of the wind turbines on the island.

Strong hurricanes occasionally collide with our eastern coastal states. The Great New England Hurricane of 1938 brought Category 3 winds to New York, Connecticut, and Rhode Island. The Great Atlantic Hurricane of 1944 delivered Category 2 winds along the coast from North Carolina to Maine. Hurricane Carol in 1954 and Hurricane Gloria in 1985 brought Category 3 winds to the shores of the wind system-promoting states.

Finally, the Norfolk and Long Island Hurricane of 1821 passed through most of the proposed wind turbine sites with up to Category 4 wind strength. The expensive wind systems planned by Atlantic States could all be destroyed by a single well-placed hurricane.

Offshore wind turbines are expensive, prone to early degradation, and in the case of the US East Coast, at risk in the path of strong hurricanes. State officials should reconsider their plans for offshore wind systems.

I sometimes wonder if our search for green energy is similar to man’s search for the perpetual motion machine. It would be wonderful, but the laws of physics seem to indicate that this may be more of a challenge than first thought. There may be green energy in our future, but it won’t happen until the government gets out of the way and lets someone make a huge profit in the free market. That is called incentive!

It Sounds Good–It Just Isn’t True

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Steven Hayward posted an article at Power Line today about a conversation with a supporter of green energy. The green energy supporter was speaking about a hotel they had invested in that had gone entirely to solar power.

The article reports:

…Knowing that the sun actually goes down and stops supplying electrons, I asked the obvious question:

“So, is the hotel disconnected from the grid?”

You don’t need to guess what the answer was, and why the claim that any building is “100 percent powered by renewables” (like Apple) is the epitome of fake news. Whereupon this Klimatista explained that before long we’ll have these terrific batteries that we can charge up during the daytime to supply our electricity over night. Problem solved! The planet is saved!

Although electricity is indeed the best and most efficient form of power in the abstract, I’m always amazed that no one bothers to ask a simple question: assuming we can get the cost of better batteries down, and increase their functionality (charging time, etc), has anyone‚ Bueller? Bueller?—bothered to do the materials calculations of increasing our battery production at least 1000-fold (just for the United States)? Ever seen what a lithium mine looks like, let alone all of the other materials required for batteries? How many new lithium, cobalt, and copper mines are we going to need to scale up 1,000x?

The article then goes on to explain the negative side of green energy:

The technical journal article that explains this, “Bulk Energy Storage Increases United States Electricity Systems Emissions” in Environmental Science & Technology, is unfortunately behind a paywall, but Dave Roberts—a deep greenie (the founder of what he calls “Climate Hawks”) summarizes the study in plain English for us in “Batteries Have a Dirty Secret” at Vox:

[E]nergy storage has a dirty secret. The way it’s typically used in the US today, it enables more fossil-fueled energy and higher carbon emissions. Emissions are higher today than they would have been if no storage had ever been deployed in the US . . .

I guess this green energy thing needs a little more work.

The Cost Of ‘Free’ Energy

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Green energy is a wonderful thing–the wind and the sun are free and they create electricity without pollution. If you believe that, I have a bridge in New York I would like to sell you. Some of the components in the batteries in wind and solar energy have a bigger environmental footprint than natural gas. Anyway, so far green energy has not lived up to its expectations.

John Hinderaker at Power Line Blog posted an article today about the use of wind power in Minnesota. Obviously solar power in Minnesota would not work, but wind power sounds like a good idea. Unfortunately for the consumer and the environment, it wasn’t.

The article reports:

…can green energy fulfill the extravagant promises made by its backers?

The answer is a resounding No, according to a blockbuster paper by our own Steve Hayward and Center of the American Experiment’s Peter Nelson. The paper, titled “Energy Policy in Minnesota: the High Cost of Failure,” can be read or downloaded at the Center’s web site.

Minnesota is a poor place for solar power, so its renewable policies have focused on wind. Minnesota has gone whole hog for wind energy, to the tune of–the Hayward/Nelson paper reveals, for the first time–approximately $15 billion. It is noteworthy that demand for electricity in Minnesota has been flat for quite a few years, so that $15 billion wasn’t spent to meet demand. Rather, it replaced electricity that already was being produced by coal, nuclear and natural gas plants.

Wind energy is intermittent and unreliable; it can only be produced when the wind is blowing within certain parameters, and cannot be stored at scale. It is expensive and inefficient, and therefore patently inferior to nuclear, coal and natural gas-powered electricity, except in one respect–its “greenness.” That greenness consists of not emitting carbon dioxide. So, for $15 billion, Minnesota must have bought a dramatic reduction in the state’s CO2 emissions, right?

The article explains that Minnesota’s use of wind energy has reduced CO2 emissions slightly, but because the backup to wind energy is coal-fired electric plants, the reduction has not been significant. The state would have gotten better (and cheaper) results by replacing the coal plants with natural gas. The article also points out that the state’s investment in green energy has resulted in significantly higher energy costs for the residents. Considering what residents of Minnesota spend to keep their homes warm in winter, this is not good news.

The article concludes:

The sad story of Minnesota’s green energy failure is one that no doubt is being replicated around the country. And one of the ironies of green energy is that it is terrible for the environment. Both wind and solar energy require enormous amounts of land compared with conventional, reliable energy sources. Minnesota has scarred its landscape with endless acres of giant windmills and, to a lesser degree, solar panels. When those windmills begin to rust and fall still, the environmental damage will be even greater. And the green cronies who are now making millions through their political connections will be long gone.

When the government interferes in the free market, bad things happen for the consumer and the taxpayer.

Ruled By The Dollar

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It seems as if any attempt at honesty in the energy field is met with lots of dollars being donated to oppose it. We know that the Saudis have funded a large portion of the anti-fracking movement in America because they don’t want to lose their monopoly on oil. Well, that is not the only place money is fighting science.

The Daily Caller posted an article yesterday about pushback from the wind industry’s lobbying arm.

The article reports:

Not long after Secretary of Energy Rick Perry announced a 60-day review of green energy policies’ impact on electric grid reliability, the wind industry’s lobbying arm devised a strategy to push back against the study, according to a leaked memo.

Perry’s April announcement worried the American Wind Energy Association (AWEA) and others that the requested study could be used to bash subsidies and policies that allowed wind energy production to rapidly grow in recent years.

AWEA laid out a plan to engage with federal lawmakers, regulators and the media to push back against a study they saw as “supporting baseload sources such as coal and nuclear,” according to a leaked memo obtained by The Daily Caller News Foundation.

In March 2011 I posted an article about Spain’s attempt to convert to green energy. The attempt was a total failure–green energy is not reliable–the wind does not blow consistently 24/7 and the sun does not shine every day. The blades of windmills and the pressure around the blades kills birds, and the air above a solar farm can literally fry birds flying by. The attempt to convert to green energy caused energy prices to skyrocket and almost tanked the Spanish economy.

The green energy lobby is already taking aim at the review of green energy policies:

Green energy supporters and environmentalists interpreted the department’s study as a lifeline to coal and nuclear power plants, many of which have been slated for closure in the coming years. The Trump administration may be more focused on promoting coal and nuclear, green energy advocates fear.

AWEA quickly circulated a memo with other green advocates to push back against Perry’s study. The group planned a media and advocacy blitz in preparation for a study critical of wind power.

AWEA personnel would discuss the study with “contacts” at the Energy Department and present their own research to the Federal Energy Regulatory Commission, which regulates the electric grid, according to the memo sent out by AWEA CEO Tom Kiernan on April 17.

Kiernan also wanted AWEA to “pursue late April meeting with Secretary Perry and wind CEOs” and to lock down a meeting with Perry in Dallas, Texas.

The memo mentions teaming up with the Solar Energy Industries of America and the pro-green energy Advanced Energy Economy to issue a “joint response” to the study. Kiernan also suggested working with allies in Congress and the media, including The New York Times.

It’s really about the money–not the environment–the green energy industry is worried about losing its government subsidies. My feeling on that is if you can’t make green energy economically feasible without government money, then it isn’t really economically feasible and you need to go back to the drawing board and invent something better!

The Unintended Consequences Of Green Energy

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Wind energy has its positive traits. However, the wind does not always blow twenty-four hours a day, and a back-up source of energy is required. There are also other consequences.

Yesterday The Daily Caller posted an article about the impact of a wind farm off the coast of Block Island.

The article reports:

The fishing industry is worried the first offshore wind farm to come online in the U.S. will ruin their way of life and kill jobs.

An offshore wind turbine three miles off the coast of Block Island, Rhode Island, will kill large numbers of fish and potentially drive hundreds of small coastal enterprises out of business, according to a fishing industry representative. Fishermen fear offshore wind turbines will continue to pop up along Atlantic Coast, eventually make it impossible to be a commercial fisherman.

“This will absolutely cost jobs in the U.S.,” Bonnie Brady, director of the Long Island Commercial Fishing Association, told The Daily Caller News Foundation. “If New York Governor [Andrew] Cuomo’s administration gets what it wants from offshore wind that’s thousands of fishing jobs. It’ll rip the coastal communities apart.”

The article further reports:

“Block Island has messed up gill netters and trawlers,” Brady said. “They’re not going to certain areas because its a risk to the boat. The five turbines they put in place there are ruining one of the most productive bottoms around.”

Estimates from the liberal Brookings Institution suggest the U.S. fishing industry supports 1.5 million jobs and generated $90 billion annually.

“These are great jobs,” Brady told TheDCNF. “You can make a really good living working on a fishery. It is a solidly middle class life and a really good trades-job. We have more growth potential for fishing jobs in the U.S. than anywhere else, but we’re being removed from our fishing grounds because of offshore wind.”

There may come a time when ocean-based wind power makes sense, but that time is not now. In addition to the unreliability of the electricity produced by wind and the damage to the fishing industry, the cost of wind-powered electricity is about for to six times the cost of conventionally generated electricity. It may also turn out that in our rush to save the environment with green energy, we have damaged areas of the environment we chose to overlook because of political fads.

 

 

 

Green Energy At Its Finest!

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I am not against green energy. I am against government subsidies of green energy. If the free market is allowed to work in the alternative energy segment of the economy, we will get the best, most efficient, and least expensive form of alternative energy possible. Someone will make a huge profit from their invention, but I am fine with that. However, whenever the government gets involved, things get more expensive and less efficient.

Yesterday The Gateway Pundit posted a story that is a glaring example of this. The story is about a solar roadway in Idaho.

The article quotes The Daily Caller:

An expensive solar road project in Idaho can’t even power a microwave most days, according to the project’s energy data.

The Solar FREAKIN’ Roadways project generated an average of 0.62 kilowatt hours (kWh) of electricity per day since it began publicly posting power data in late March. To put that in perspective, the average microwave or blow drier consumes about 1 kWh per day.

On March 29th, the solar road panels generated 0.26 kWh, or less electricity than a single plasma television consumes. On March 31st, the panels generated 1.06 kWh, enough to barely power a single microwave. The panels have been under-performing their expectations due to design flaws, but even if they had worked perfectly they’d have only powered a single water fountain and the lights in a nearby restroom.

Solar FREAKIN’ Roadways has been in development for 6.5 years and received a total of $4.3 million in funding to generate 90 cents worth of electricity.

I have no problem with Solar FREAKIN’ Roadways trying to develop a road that generates electricity. Go for it! However, I do have a problem with my tax dollars paying for their research. Let them create a prototype that investors would be interested in and go from there. That is the way the free market works. That is how people actually prosper.

 

The Law Of Unintended Consequences At Work

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One of the problems with the idea of ridding ourselves from fossil fuels is that we really haven’t perfected the alternatives. Our economy runs on fossil fuels, and until we develop a safe, clean, inexpensive, efficient, and reliable alternative, our economy will continue to depend on fossil fuel. In 2014, I posted a story explaining what happened when Spain attempted to switch over to green energy. As far as I know, the only country in the world that has successfully made the switch to green energy is Iceland. They have been able to generate large amounts of electricity because of the volcanoes the island sits on. Recently scientists have discovered that there is a serious down side to solar energy (other than the birds that have been fried while flying over solar panels).

On March 1st, The Daily Caller reported that the construction of solar panels generates Nitrogen trifluoride (NF3).

The article reports:

Nitrogen trifluoride (NF3) is a key chemical agent used to manufacture photovoltaic cells for solar panels, suggesting government subsidies and tax credits for solar panels may be a driving factor behind the 1,057 percent in NF3 over the last 25 years. In comparison, U.S. carbon dioxide emissions only rose by about 5 percent during the same time period.

NF3 emissions have rapidly increased in Asia as well due to its rapidly growing solar panel market, and researchers think that many nations are under-reporting their NF3 emissions by roughly a factor of 4.5.

NF3 emissions are 17,200 times more potent than CO2 as a greenhouse gas over a 100 year time period.

NF3 is also used in the production of semiconductors and LCD flat screens.

The article also points out:

The 1,057 percent increase in US annual emissions of NF3 from 1990 to 2015 compares to an increase of 5.6 percent in carbon dioxide emissions, according to EPA data in a recently-published draft of a new report

There is, however, some good news. The study concluded that the more modern solar panels will emit less NF3 and will have a positive impact on the environment. This conclusion was reached by considering the amount of CO2 that would not be released when the solar panels were used. After some adjusting of the numbers, solar panels could be shown to have a positive impact on the environment. It might be a good idea to keep in mind at this point that a good statistician can make any group of numbers say anything he wants them to say.

Environmentalism Gone Beserk

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Yesterday The Daily Caller reported that because of the unusually cold winter in Europe and the reliance on green energy, there are major power shortages in Europe.

The article reports:

European Union nations, including Greece and Hungary, hoarded power due to the cold winter weather. That hoarding triggered shortages that cut off electricity to tens of thousands of homes and sent power prices soaring to record levels.

Temperatures across southern Europe are expected to drop below freezing again next week. The continent has been unable to meet electricity demand, as green energy tends to go offline in the cold. Solar power, for example, tends to produce less energy in the winter because the days are shorter.

“What I see in the Balkans is clear evidence that everybody first secures its own consumption and only then, if they’re in a position to do so, they’ll help the others,’’ Andras Totth, the deputy CEO of the Hungarian utility MVM, told Bloomberg.

The transition to green energy (if that is possible) will happen when governments stop interfering in the free market and let the industry grow without government help. Just as a baby chick needs to break the egg it is in to gain strength to live in the outside world, the free market will allow the most efficient and inexpensive technologies to gain strength and survive. When the government picks winners and losers and attempts to move to a technology that has not yet been fully developed, we all lose.

Former Governor Dalrymple’s Statement About the Dakota Access Pipeline

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On Wednesday, The Grand Forks Herald posted former Governor Dalrymple’s statement regarding the Dakota Access Pipeline. As usual, much of what you have read in the press is untrue.

This some of what the former Governor said:

The Dakota Access Pipeline has been marred by a steady stream of misinformation and rumor. As governor of North Dakota, I feel it’s important to share facts regarding the route, permitting and our North Dakota law enforcement’s exemplary management of protesters.

North Dakota’s connection to the pipeline began in 2014 when Energy Transfer Partners officially filed an application for corridor compatibility and a route permit through our Public Service Commission. It is the job of our three-person elected commission to handle all such matters according to state law. A 13-month review process included public-input meetings held across the state. As a result of these meetings, the route was modified 140 times to ensure environmental safety, including a shift to follow an existing gas pipeline corridor so an entirely new pathway didn’t have to be created. The final route was legally approved and permitted by the state of North Dakota. The location for the crossing of the Missouri River was approved by the U.S. Army Corps of Engineers. And the easement was forwarded to the assistant secretary for signature.

There are some essential facts in this unfolding situation.

  • First and foremost, not one person from the tribe attended any of the meetings and hearings publicly noticed by state regulators over the course of two years.Second, the pipeline’s permitted route never crosses tribal land.
  • Those opponents who cite the 1851 Treaty of Fort Laramie to dispute who owns the lands conveniently ignore the later treaty of 1868.
  • Finally, with respect to the pipeline’s proximity to the Standing Rock Reservation’s water supply, its existing intake already was scheduled to be shut down by the end of 2016 and replaced by an intake in South Dakota, some 70 miles away.

All of these facts were validated by a U.S. District Court judge in Washington, D.C., who ruled against a request for an injunction.

While the right to disagree with projects such as the Dakota Access Pipeline absolutely exists, and those who disagree are welcome to exercise their right to free speech to declare that, it never should be acceptable to ignore straightforward facts and trample on a legal process that was followed carefully. It is unacceptable that the facts of the permitting process not only were omitted in much of the discussion among those who disagreed with the pipeline but were twisted in order to paint the state of North Dakota and federal government as reckless and racist. Nothing could be further from the truth.

…Who were these people who came from all over the country to Cannonball? Hundreds of them were peaceful protesters, drawn to the general cause of environmental protection by a flood of social media calls for “help.” But many were actually professional agitators recruited by large environmental activist organizations to intimidate people to drop their support for the project. This subgroup hurled rocks and debris at law enforcement and harassed their families. What started out as a tribe’s objections to a pipeline siting grew into something far different.

This particular pipe is state-of-the-art when it comes to safety. It will be buried 92 feet below the bottom of the Missouri River. It will be double the strength of the pipe buried on land. And it will have sophisticated flow-monitoring devices on both sides of the river with automatic shut-off valves.

To date, the 1,172-mile pipeline is virtually complete from North Dakota to Illinois — with the exception of this river crossing. When complete, the pipeline will deliver one-half of the petroleum production from the Bakken region to markets throughout the U.S. And it will be much, much safer from an environmental standpoint than the alternative modes of truck or rail transportation. Again, the pipeline does not cross reservation land.

Please follow the link to read the entire article and the entire statement. One thing to remember here is that there are people who will make a lot of money if this pipeline is not built. Those people own the rail cars the oil is currently being transported on. Pipelines have a much better safety record than rail cars and have a much lower carbon footprint, so the protest cannot really be about the environment. Also, many of the protesters are paid protesters. It would be interesting to know who is paying them and how much.

The statement concludes:

What ultimately has happened is that the Standing Rock Sioux Tribe’s voice now largely has become overshadowed. Environmental activist organizations, which never before showed much interest in North Dakota, used a massive social-media machine to drive misinformation about the pipeline and protests and to accuse law enforcement and the National Guard of criminal mistreatment of protesters. Nothing could be further from the truth.

Now that winter, including several feet of snow and subfreezing temperatures, has settled into our state, law enforcement and several neighboring communities have gone above and beyond to help rescue and shelter people who came unprepared. Public schools have been opened as shelters, and law enforcement repeatedly has given warnings to safely leave camp ahead of major storms.

We are proud of the restraint and the professionalism of our law enforcement officers. Attacks on their conduct have been totally inaccurate, and I hope time will help reveal the facts surrounding this ongoing situation and that reason will prevail.

Like it or not, our economy is carbon-fuel dependent. Until the technology in green energy improves, that is not going to change. Oddly enough, the technology in green energy will not improve until the government removes itself from the green energy market–right now green energy depends on government subsidies and has no reason to become more efficient. The government’s support of companies like Solyndra did not advance the cause of green energy. The free market will advance green energy if it is allowed to function as it should.

Green Energy Isn’t Really Cutting Carbon Emissions

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Yesterday The Daily Caller posted a story about the impact of green energy policies on carbon emissions in various states.

The article reports:

There’s no link between the pro-green energy policies of states and falling carbon dioxide (CO2) emissions, but there is a statistically significant link between falling CO2 and natural gas electricity, according to statistical analysis conducted by The Daily Caller News Foundation.

Statistical analysis and regressions run by TheDCNF found no statistically significant link existed between the amount a state’s CO2 emissions fell since 2005 and the number of policies supporting green energy implemented by the state. The analysis showed there is an 81 percent chance there’s no link between CO2 emissions and the number of pro-green energy policies, meaning a link between the two likely doesn’t exist. The very small correlation between CO2 emissions and policies was going in the opposite direction from environmentalist claims.

Think about this a minute. According to data from British Petroleum, America ranks fifth in the world for the largest natural gas reserves. We now have a link between lower CO2 emissions and the use of natural gas. We can easily convert our electric plants to natural gas. This would be a big step toward making America energy independent and providing jobs for Americans instead of sending money overseas.

Please follow the link to the article in The Daily Caller to look at the charts which illustrate that the states with fewer green energy policies were the ones that were more successful in cutting CO2 emissions.

The article notes:

The DCNF’s (Daily Caller News Foundation) analysis found states like New Hampshire, Maryland, Maine, Georgia, Nevada and Alaska cut higher percentages of CO2 since 2005 than any others. These states had a combined average of 39 pro-green energy policies. The national average of all states was 51 pro-green energy policies. This suggests the more pro-green energy policies a state has, the less likely it was to reduce CO2 emissions.

This is another example of how excessive government involvement and interference in the free market makes a problem worse instead of solving it. There is a quote, generally attributed to Milton Friedman, that applies to this situation–“If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.” I truly believe that.

If It Won’t Work, Why Is The Government Funding It?

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One of the biggest problems in the American economy right now is crony capitalism. Rather than a free market system where innovation is rewarded, we have devolved into a system where the federal government picks which companies will receive money from the government to become successful and which companies will simply have to rely on their own abilities to become successful. One of the places where this has been the most obvious has been the ‘green energy‘ industry. On Thursday, The Daily Caller posted an article stating some basic facts about green energy.

The article reports:

Researchers at the Massachusetts Institute of Technology have confirmed what many in the energy world already knew: Without government support or high taxes, green energy will never be able to compete with conventional, more reliable power plants.

…The MIT study also noted that solar and wind power are more than twice as expensive as natural gas, and tax on carbon dioxide emissions could increase electricity prices enough for green sources to compete. Even environmental groups such as The Sierra Club worry increasingly cheap energy will make the case for green power weaker.

The article goes on to explain that fossil fuel is cheap and reliable. As of yet, green energy is neither. We would probably have a better chance of developing green energy if the government would get out of the way and let the inventors take over and be rewarded for their efforts. Until change becomes extremely profitable (outside government subsidies), it is unlikely to happen.

If Investors Ran Their Portfolios Like The Government Runs Theirs…

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Today’s Detroit News reported today that the government has revised the estimated losses from the auto bailout up $170 million.

The article reports:

In the government’s latest report to Congress this month, the Treasury upped its estimate to $23.77 billion, up from $23.6 billion.

Last fall, the government dramatically boosted its forecast of losses on the rescues of General Motors Co., Chrysler Group LLC and their finance units from $14 billion to $23.6 billion.

Much of the increase in losses is due to the sharp decline of GM’s stock price over the last six months.

Three solar companies the government invested in went bankrupt or laid off workers last week. The losses in the bailout of the auto companies were considerably more than what was initially projected. Have we learned yet that the government should not be investing taxpayer money in private businesses? Government interference in the free market has done nothing but take large amounts of money out of taxpapayers’ pockets and increase the national debt. Someone is needed in Washington who can put a stop to the overspending and misuse of taxpayers’ money.

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It May Be Part Of Our Future, But It Is Not Part Of Our Present

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 Steven Hayward posted an article at Power Line about some recent events in the quest for green energy. On Friday, the Huffington Post reported that the lithium-ion batteries in the Chevy Volt have caught fire after being involved in crash tests. The fires did not occur immediately–in one instance the car was being stored in a parking lot of a test facility in Burlington, Wisconsin.

Meanwhile, Google has abandoned its quest for running its data center entirely on green energy.

The article reports:

Meanwhile, Google has quietly abandoned an alternative energy program that it launched with great fanfare just two years ago.  Google’s “Renewable Energy Cheaper than Coal” project featured all the hallmarks of the pie-in-the-sky energy mongers, especially the “it’s-just-around-the-corner” trope.  Google’s green energy czar at the launch, Bill Weihl, predicted that renewable electricity cheaper than coal would be achieved quickly: “In three years, we could have multiple megawatts of plants out there.”

The article also reports on Google’s other investments in green energy:

“Google’s stakes in the wind farms are ‘tax equity’ investments, in which investors buy into a project and use federal tax credits granted to the project to offset their own taxes.”

Remember all the uproar from Occupy Wall Street about corporate welfare? This is what corporate welfare actually is–the government granting a tax break to a company that funds the government’s pet project. This is what crony capitalism is about. Taxes and government are being used to control the behavior of corporations. When you consider that many of the major investors in green energy companies are key players in Congress, this begins to look really ugly.

Green energy is a wonderful idea. I suspect we will see it actually work sometime in the near future. However, pouring government money into a technology before it is ready for prime time is not a wise move.

 

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Why I Will Be Voting For Anyone But Obama In 2012

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Saturday’s Wall Street Journal posted an article about Harold Hamm, the Oklahoma-based founder and CEO of Continental Resources, the 14th-largest oil company in America. He was the original discoverer of the gigantic and prolific Bakken oil fields of Montana and North Dakota that have already helped move the U.S. into third place among world oil producers.

Mr. Hamm was in Washington recently for a ‘giving summit’ with wealthy Americans who have pledged to give at least half their wealth to charity. He reports on his brief conversation with President Obama:

When it was Mr. Hamm’s turn to talk briefly with President Obama, “I told him of the revolution in the oil and gas industry and how we have the capacity to produce enough oil to enable America to replace OPEC. I wanted to make sure he knew about this.”

The president’s reaction? “He turned to me and said, ‘Oil and gas will be important for the next few years. But we need to go on to green and alternative energy. [Energy] Secretary [Steven] Chu has assured me that within five years, we can have a battery developed that will make a car with the equivalent of 130 miles per gallon.'” Mr. Hamm holds his head in his hands and says, “Even if you believed that, why would you want to stop oil and gas development? It was pretty disappointing.” 

Evidently President Obama is blinded by the fact that many of his friends and major financial supporters have substantial investments in green energy. There is nothing wrong with green energy, but right now we have a need for oil and gas. It is a shame that our President is so blinded by self-interest that he is unwilling to address that need.

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