Green Energy
California
Unless Legislature Embraces Free Market Energy Future, California Faces Next Solyndra
California’s solar power system generated such a glut of electricity for two weeks in March that some of it had to be sent out of state. Supporters of solar energy might believe this is evidence that it works. But it actually highlights solar energy’s biggest flaw. In late June, the ...
Business & Economics
Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis
Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
Business & Economics
New Climate Disclosure Would Add No Value For Investors
With only a few months left in office, President Barack Obama’s administration seeks to step up climate change disclosure, raising implications for corporations and asset owners. National Economic Council Director Jeffrey Zients and White House senior adviser Brian Deese unveiled in August a proposal to require public companies to disclose ...
Business & Economics
The Empire State’s ugly war on energy
New Yorkers are paying far too much for the essentials of modern life. For evidence, look no further than the gas pump: State taxes add about 50 cents to each gallon of gas and diesel, the second-highest gas tax in the country. And New Yorks electricity prices are the fourth-highest ...
Business & Economics
Obama’s Green Team
The four leaders of Barack Obamas second-term Green Team are nearly all in place: John Kerry has been confirmed as Secretary of State, Sally Jewell has been confirmed as Secretary of the Interior, Ernest Moniz has been confirmed as Secretary of Energy, and only the confirmation of Gina McCarthy remains ...
California
Lax CPUC oversight lets PG&E gouge ratepayer
As the price of natural gas has fallen to a decade low, utility ratepayers wouldnt know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electrics latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
Business & Economics
Solyndra crash shows shakiness of market subsidies
Solyndra, the Fremont solar-panel manufacturer that went belly up last week, was the subject of a hearing Wednesday all the way in the nation’s capital. Lawmakers on the House Energy and Commerce Subcommittee Committee on Oversight and Investigations wanted to get to the bottom of how the much-hyped “green” company ...
Commentary
Now they tell us
California has to be a leader, the progressives tell us, by which they mean that ordinary people should just shut up and eat their spinach. The spinach is necessary for the good of mankind, ordinary people included, and, anyway, it tastes good, fills you up, and costs next to nothing. ...
Business & Economics
California Agency Invests $500 Million in The Green Sector
The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Commentary
California: the make-believe state
“If I am elected, the bald will grow thick hair.” Alas, I am not a candidate for anything, and so the bald will have to continue their suffering in silence. And, frankly, were I campaigning for a position of public trust, I would lose badly, for reasons entirely separate from ...
Unless Legislature Embraces Free Market Energy Future, California Faces Next Solyndra
California’s solar power system generated such a glut of electricity for two weeks in March that some of it had to be sent out of state. Supporters of solar energy might believe this is evidence that it works. But it actually highlights solar energy’s biggest flaw. In late June, the ...
Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis
Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
New Climate Disclosure Would Add No Value For Investors
With only a few months left in office, President Barack Obama’s administration seeks to step up climate change disclosure, raising implications for corporations and asset owners. National Economic Council Director Jeffrey Zients and White House senior adviser Brian Deese unveiled in August a proposal to require public companies to disclose ...
The Empire State’s ugly war on energy
New Yorkers are paying far too much for the essentials of modern life. For evidence, look no further than the gas pump: State taxes add about 50 cents to each gallon of gas and diesel, the second-highest gas tax in the country. And New Yorks electricity prices are the fourth-highest ...
Obama’s Green Team
The four leaders of Barack Obamas second-term Green Team are nearly all in place: John Kerry has been confirmed as Secretary of State, Sally Jewell has been confirmed as Secretary of the Interior, Ernest Moniz has been confirmed as Secretary of Energy, and only the confirmation of Gina McCarthy remains ...
Lax CPUC oversight lets PG&E gouge ratepayer
As the price of natural gas has fallen to a decade low, utility ratepayers wouldnt know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electrics latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
Solyndra crash shows shakiness of market subsidies
Solyndra, the Fremont solar-panel manufacturer that went belly up last week, was the subject of a hearing Wednesday all the way in the nation’s capital. Lawmakers on the House Energy and Commerce Subcommittee Committee on Oversight and Investigations wanted to get to the bottom of how the much-hyped “green” company ...
Now they tell us
California has to be a leader, the progressives tell us, by which they mean that ordinary people should just shut up and eat their spinach. The spinach is necessary for the good of mankind, ordinary people included, and, anyway, it tastes good, fills you up, and costs next to nothing. ...
California Agency Invests $500 Million in The Green Sector
The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
California: the make-believe state
“If I am elected, the bald will grow thick hair.” Alas, I am not a candidate for anything, and so the bald will have to continue their suffering in silence. And, frankly, were I campaigning for a position of public trust, I would lose badly, for reasons entirely separate from ...
