Some stories in the world of energy are perennial. Pretty much every year, we read new advances in energy production or use that are going to revolutionize the world. And every year, that prediction doesn’t pan out.
Other stories are decadal. Every 10 years or so,...
Based on the well-established materiality standard, public companies must disclose any potential financial risks from global climate change. The SEC is questioning whether these disclosures are inadequate, and is considering additional more detailed and standardized disclosure standards. Imposing such standards would be costly for public...
Texas’ energy debacle during this past winter has led to a great deal of introspection regarding which energy market structure is the most appropriate. Most analysts would agree that energy market regulations should facilitate access to affordable and reliable electricity, while generating the lowest feasible...
At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% - 52% reduction goal is more of a political...
The first Earth Day celebration was conceived by then-U.S. Sen. Gaylord Nelson and held in 1970 as a "symbol of environmental responsibility and stewardship." In the spirit of the time, it was a touchy-feely, consciousness-raising, New Age experience, and most activities were organized at the...
Part of President Biden’s Build Back Better initiative promises to “create good-paying union jobs and train Americans for jobs of the future.” The unspoken theory behind this initiative is that green jobs will offer a pay premium to workers compared to jobs in the fossil fuel industry....
Californians have recently endured increasingly aggressive wildfires, rolling power outages, and smoke-filled air for days. Unless the state government changes course, we can add water shortages to this list.
According to the U.S. Geological Survey, California has already suffered three droughts during this century – 2001-2002,...
Whether it is canceling the Keystone XL pipeline or obstructing new permits for oil and gas projects on federal lands, President Biden appears to be adopting California’s approach to addressing the problem of global climate change. If fully adopted, there will be large economic consequences...
The COVID-19 pandemic continues to ravage our lives through diminished social contact, disrupted commerce and illness and death. One unobvious example has been interruptions in food supply chains, from farmers' markets to large food manufacturers. To respond to crises, agriculture must be as efficient, innovative...
History Repeats as Solar Power Oversold, Underperforms
Some stories in the world of energy are perennial. Pretty much every year, we read new advances in energy production or use that are going to revolutionize the world. And every year, that prediction doesn’t pan out. Other stories are decadal. Every 10 years or so,...
The SEC Risks Misinformation If Standardized And Detailed Climate Risks Disclosures Are Adopted
Based on the well-established materiality standard, public companies must disclose any potential financial risks from global climate change. The SEC is questioning whether these disclosures are inadequate, and is considering additional more detailed and standardized disclosure standards. Imposing such standards would be costly for public...
Competitive Energy Markets, Not Monopoly, Delivers Affordable, Reliable, And Low-Emission Energy
Texas’ energy debacle during this past winter has led to a great deal of introspection regarding which energy market structure is the most appropriate. Most analysts would agree that energy market regulations should facilitate access to affordable and reliable electricity, while generating the lowest feasible...
President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy
At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% - 52% reduction goal is more of a political...
Let’s Return Earth Day To Its Roots
The first Earth Day celebration was conceived by then-U.S. Sen. Gaylord Nelson and held in 1970 as a "symbol of environmental responsibility and stewardship." In the spirit of the time, it was a touchy-feely, consciousness-raising, New Age experience, and most activities were organized at the...
Green Jobs Demonstrate The Perils Of Government-Directed Economic Growth
Part of President Biden’s Build Back Better initiative promises to “create good-paying union jobs and train Americans for jobs of the future.” The unspoken theory behind this initiative is that green jobs will offer a pay premium to workers compared to jobs in the fossil fuel industry....
California must change course to avoid water shortages
Californians have recently endured increasingly aggressive wildfires, rolling power outages, and smoke-filled air for days. Unless the state government changes course, we can add water shortages to this list. According to the U.S. Geological Survey, California has already suffered three droughts during this century – 2001-2002,...
President Biden Should Not Adopt California’s Approach To The Environment
Whether it is canceling the Keystone XL pipeline or obstructing new permits for oil and gas projects on federal lands, President Biden appears to be adopting California’s approach to addressing the problem of global climate change. If fully adopted, there will be large economic consequences...
‘Agroecology’: A pest to California farmers
The COVID-19 pandemic continues to ravage our lives through diminished social contact, disrupted commerce and illness and death. One unobvious example has been interruptions in food supply chains, from farmers' markets to large food manufacturers. To respond to crises, agriculture must be as efficient, innovative...