Could it be that investors have figured that now that the free money is coming to an end, it is time to leave the party? Bloomberg (1/14/13) reports: “Clean energy investment slid 11 percent last year after governments in industrial nations slashed subsidies for technologies ranging from wind turbines to solar power and biomass. The $268.7 billion invested in the industry last year was down from a record $302.3 billion in 2011, the second highest reading ever and was five times the level...
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Coming in at number 3 on the laundry list of your progressive rights (after condoms and the Internet), you have the right to pursue sunlight that may or may not hit your outrageously expensive solar panels that have been installed by the ‘market’ – cough, coercion – but who cares!  You won’t have to worry about going over the threshold for the tax break, because there’s no way you’ll even have access to anything that resembles a reliable source of energy.  Now we just have to...
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This boggles even me. Washington Examiner  (1/10/13) reports: “A new video game featuring a black alien female superhero delivered to Earth to fight global warming is about to hit the market thanks to a $100,000 grant from the Obama administration… The National Endowment for the Arts is funding the Spelman College of Atlanta, Ga.'s multi-episode game called "HERadventure." In the grant announcement made last year, the NEA said the story ‘focuses on a young female superhero sent to...
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This dude is the rock for our roll. Energy Guardian (1/9/13) reports: “The effort by conservative Republican lawmakers and anti-tax groups to end tax breaks for renewable energy didn't go anywhere in Congress last year, but that's not stopping Rep. Mike Pompeo from trying again… The bill has the backing of key conservative groups that oppose renewable energy tax breaks, according to a letter Pompeo is circulating to colleagues.”   With the right energy policy, this could be...
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You mean those roughnecks and coal miners aren’t kidding when they say they like to hunt and fish in their own back yards? For some reason I used to think it was more sensible to listen to “real” environmentalists from places like Manhattan. WSJ  (1/4/13) reports: “The inescapable if unfashionable conclusion is that the human use of fossil fuels has been causing the greening of the planet in three separate ways: first, by displacing firewood as a fuel; second, by warming the climate;...
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The chance to get rich off global warming is slipping away.  Which could explain why Vice President Gore joined up with the royal house of Qatar, so they can hate American domestic energy production together.  Did we mention that Al Jazeera also is backing that lousy propaganda from Matt Damon? WSJ  (1/4/13) reports: “The Kyoto Protocol on climate change used to be a big deal. So big that the future of humanity was said to hinge on its implementation. Did you know it expired on New...
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Why has Gov. Cuomo been sitting on a state report that shows that hydraulic fracturing is safe? What does he have against job creation and economic growth in upstate New York? NYTimes (1/3/13) reports: “The state’s Health Department found in an analysis it prepared early last year that the much-debated drilling technology known as hydrofracking could be conducted safely in New York, according to a copy obtained by The New York Times from an expert who did not believe it should be kept...
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Jim Lankford is the right man for this job - a solid individual. Politico(1/2/13) reports: “The House Oversight and Government Reform Committee is planning a renewed focus on energy issues in the next Congress… Committee Chairman Darrell Issa (R-Calif.) will establish a new subcommittee on energy policy, health care and entitlements next year, POLITICO has learned. The subcommittee will be chaired by Rep. James Lankford (R-Okla.).”   For you take the high road and I’ll take the...
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The trusty “we’re running out of oil!” pundits are now “sure, the US will overtake Saudi Arabia and lead the world in oil production…but maybe only for a decade or so” pundits. IER (1/2/12) reports: “For decades, the proponents of so-called green or alternative energy sources have bemoaned the United States’ alleged ‘dependence on foreign oil’ as a chief rallying cry to fire up the average citizen. Americans are very reluctant to pay higher electricity and gasoline prices...
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A recent article at Free Enterprise outlined U.S. Chamber President Tom Donohue’s suggestion for easing the problem of solving the so-called fiscal cliff: development of U.S. conventional energy resources. This would boost employment and output, lower energy prices for consumers, and bring in more revenue for various levels of government. If policymakers are serious as they wring their hands about the stalled economy and mushrooming public debt, then they should jump at this win-win...
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