(Listen to this article on the Cornwall Alliance’s Created to Reign podcast.) My first contact with Dr. Patrick Michaels was around 2006 or 2007, in the early, formative days of the Cornwall Alliance for the Stewardship of Creation. I had, over the previous two or three years, read at least five or six of the books he had by then written or edited on climate change, and I highly respected him as a careful, humble, yet confident scientist, fearlessly standing against “consensus” … [Read more...]
The Man Who Saved Your Economy
(This article, published on July 18 and reporting on Manchin's action July 14, celebrated his action. Alas, the celebration was premature. Abandoning his commitment to oppose any such bill until inflation declined, Manchin embraced a new bill July 27---two weeks before the new monthly inflation rate is to be published and despite the fact that most analysts agreed that the rate would either rise or remain unchanged. We are intensely disappointed in the Senator.---ECB, July 28, 2022) Recently … [Read more...]
Lying with Statistics About American Electric Energy Sources
Back in 1954 journalist Darrell Huff published How to Lie with Statistics. The book exposed many different ways in which people use statistics, even true ones, to foist off falsehoods. Today while looking for data on trends in the numbers of operating coal- and natural gas-fired power plants in the United States I came across an interesting example of lying with statistics, this one promulgated by the U.S. Energy Information Agency (EIA). The discussion that follows is rough; I don't claim … [Read more...]
EPA Now Stuck Between a Rock and a Hard Place on CO2
There are lots of happy reports on the Supreme Court’s ruling throwing out EPA’s so-called Clean Power Plan. Some go so far as to suggest that EPA is barred from regulating power plant CO2 emissions. It is not quite that simple and the result is rather amusing. EPA is still required to regulate CO2 under the terms of the Clean Air Act, but that Act provides no way to do that regulation. The Clean Power Plan attempted to expand an obscure minor clause in the Act to do the job but SCOTUS … [Read more...]
The SEC’s Climate-Disclosure Rules Violate the First Amendment
This article summarizes the argument of the author’s more technical article, “What’s ‘Controversial’ About ESG? A Theory of Compelled Commercial Speech under the First Amendment.” The SEC is on the cusp of enacting rules to compel companies to disclose “climate risk.” Commentators have critiqued the rules as misguided and beyond the SEC’s statutory authority. But the proposed rules have a more fundamental flaw that will doom them when the inevitable court challenges are filed. The … [Read more...]
Biden’s Gas Tax Suspension: Meager Help and Deficit Spending
Today President Joe Biden called on Congress to pass legislation suspending the federal tax on gasoline for July through September, “to give Americans a little extra breathing room as they deal with the effects of Putin’s war in Ukraine.” Not Much Savings Put the emphasis on “little.” The average driver drives 1,125 miles per month, and the average car gets about 25 miles per gallon, so the average driver uses about 45 gallons per month. The federal gas tax is 18 cents per gallon. … [Read more...]
Persistent Lies About Green Power
When drug companies try to sell you a particular cure for what ails you, the television ads typically consist of 10 seconds of saying how good the drug is and 20 seconds of disclaimers and warnings about possible negative side effects. If only renewable energy companies were that honest! To my great annoyance and disgust, a power company in Texas promises the state’s electricity users can choose a plan that delivers electricity 24 hours a day powered by the sun. Solar power. As anyone … [Read more...]
Indian Coal Makes Electricity as Wind Farms Sit Idle
Amidst the clamor surrounding the intensive use of coal in China and India, one may not realize that these nations have some of the world’s largest renewable energy installations. In fact, I hail from the Indian state of Tamil Nadu which is often compared to Scandinavia for its large number of wind farms. Accounting for 25 percent of the country’s wind capacity, the state has the largest share of such generating assets in a nation of 1.3 billion people. Yet even Tamil Nadu relies heavily … [Read more...]
India’s Coal Proliferation Contradicts Global Climate Drama
We have a crisis in India, and it is not with the climate. Power plants for the world’s second-largest consumer of coal are running out of stock, leaving a billion people at the risk of blackouts and forcing industries to close facilities. To resolve the situation, the Indian government has authorized increased importation of thermal coal, removed all import duty on coal, is reopening hundreds of closed coal mines, and has asked existing domestic mines to produce at unprecedented … [Read more...]
Elon Musk Calls ESG a “Scam”
Guest writer Jerry Bowyer is is the chief economist of Vident Financial, editor of Townhall Finance, editor of the business channel of The Christian Post, host of Meeting of Minds with Jerry Bowyer podcast, president of Bowyer Research, and author of The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics. He is also resident economist with Kingdom Advisors, serves on the Editorial Board of Salem Communications, and is senior fellow in financial … [Read more...]
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