Why Do Taxpayer-Subsidized Businesses So Often Fail?

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Subsidize renewable energy? What a great idea! If you like wasting money. SunEdison, which once described itself as the “largest global renewable energy development company” and was America’s fastest-growing renewable energy company, filed for bankruptcy April 21. It seems that $1.5 billion combined subsidies and loan guarantees (including $650 million in grants and tax credits—i.e., outright handouts) […]

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Why You Should Mourn Implementation of the Paris Climate Agreement

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The climate agreement reached in Paris last December will become effective on Earth Day, (Friday, April 22) with a ceremony at the United Nations headquarters in New York City. We’ll all hear of heroic world leaders who joined together in Paris to ensure the planet’s survival. The Obama administration will try to enforce the agreement

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What Good Are Fossil Fuels Other than for Energy?

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In the midst of a worldwide “holy crusade” to demonize fossil fuels, blaming them for alleged (but not real) catastrophic global warming, it is increasingly essential that more and more ordinary citizens like you and me understand what’s at stake. The war on fossil fuels threatens not just minor adjustments at the margins of our

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Whither Global Food Shortage Predictions?

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Less than two years ago, the Intergovernmental Panel on Climate Change (IPCC), which wants us to trust its prognostications about conditions a century from now enough to bet trillions on them, warned that global warming threatened global food supplies. But last week The New Indian Express reported, “International food prices dipped by 19 percent in

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Why Greens Hate Nuclear Energy

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Indian policymakers, having made “commitments” to slow (sometime) the growth of their CO2 emissions from power generation (while continuing to build new coal-fired plants at break-neck speed), are casting about for ways to do that. Some call for more nuclear energy plants—the only realistic, affordable path. But others, guardians of Green ideology, oppose it, leaving

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