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) wasn't enough to make up for the combination of hubris-driven over-expansion, … [Read more...]
Climate Skeptics: Bought By Fossil Fuel Companies?
The 30+ scholars---scientists, economists, theologians, and more, interviewed for Cornwall Alliance's Greener on the Other Side: Climate Alarmism---Facts, Not Fear video series---address in this latest video the charge that they're in the pocket of "Big Oil" or the fossil fuel industry in general. A few quotes: "The idea that I'm getting paid off by somebody else is amusing. My principal source of income is the Social Security Administration."---Thomas P. Sheahen, Ph.D., Physics, Director, … [Read more...]
In Praise of Scientific Piranhas: the Legacies of Climategate
It's been two months now since Climategate broke. The disclosure of thousands of emails, computer programs, and other documents from the Climatic Research Unit of the University of East Anglia in the UK revealed scandalous scientific misconduct of monumental proportions--enough that it has crippled the credibility of an entire field of science (paleoclimatology) and seriously tarnished the reputations of the inner cadre of researchers in that field. I've read hundreds of articles on Climategate … [Read more...]