Energy Policy

Chart of the Day: What’s Behind the Coal Rally?

Featured image Everyone who pays attention to the energy market knows that oil stocks are down a lot over the last year or so, following oil glut and collapse of the world price of oil (now looking to break back down below $40 a barrel in recent days). And supposedly coal companies—the one Hillary wants to bankrupt on purpose—are a terrible investment because we’re all going green. But lo—what’s this? Coal stocks »

Energy: Power Line Vindicated Again in the NY Times

Featured image It was almost exactly a month ago that we explained here why the climatista fetish for renewable energy uber alles would backfire on their cherished goal of reducing greenhouse gas emissions, in the course of which we introduced readers to the arcane world of California’s electricity demand “duck curve.” And separately we reported on how Germany and other northern European countries were slamming the brakes on further renewable energy, perhaps »

The Power Line Show, Ep. 38: Has Energy Come Out of the Wilderness?

Featured image In this special edition of the Power Line Show, Steve Hayward talks with author Robert Bryce about the new world of global oil prices which has ended, probably forever, OPEC’s 40-year dominance. We also talk about the perverse subsidies for and output from “renewable” energy, and why nuclear power may be poised for a comeback. As always, you can listen to or download the show at the panel below or from »

Frack This

Featured image About a year ago there was the usual fanfare about a new study that purported to show that hydraulic fracturing (“fracking”) for natural gas led to unsafe levels of local air pollution and increased cancer risk. Newsweek covered it, for example: Living near to active fracking sites could increase the risk of cancer as the process harmful chemicals into the air, a new study has found. Researchers from Oregon State »

Energiewoopsie, Or, What Happens When You Dump Nuclear Power

Featured image The greens have been aflutter for years about Germany’s energiewende, or “energy revolution,” partly because it involves a lot of their sacred windmills and solar panels and partly because it’s a revolution man, so dig it! Better put the patchouli-infused hemp robes away for the moment, because Germany is backpedalling fast. From Reuters yesterday: Germany waters down climate protection plan Germany has abandoned plans to set out a timetable to »

Liberalism’s All-Purpose, Universal Scam

Featured image You may have missed the story yesterday of the arrest over the weekend of civil rights bit player Walter Fauntroy, who returned over the weekend from what the Washington Post described as a “four-year sojourn in the Persian Gulf,” where he had fled to skip out on a $55,000 tab for an inauguration party he held for Barack Obama back in 2009: In January 2012, Fauntroy left the United States »

Great News for Fracking! California’s Last Nuke to Close

Featured image No sooner do some environmentalists (see item 2 of this Loose Ends post) decide that nuclear power is important and should be expanded then the news comes out this morning that Pacific Gas & Electric has decided to shut down California’s last remaining nuclear power plant at Diablo Canyon in 2025 when its current federal license is up. This is great news for natural gas, because despite what the climatistas (and »

Energy Geek Week

Featured image One of my all time favorite Steve Martin scenes is “the new phone book is here!” from The Jerk: Well this is how I feel every year with the release of the BP Statistical Survey of World Energy! It’s an energy geek’s best friend. I’m known to run around the neighborhood, channeling Steve Martin: “The new BP Statistical Survey of World Energy is here! The new BP Statistical Survey of »

Denmark & Germany Join the UK in Breaking Wind

Featured image John reported here a few days ago that Britain was scaling back wind power, and it looks like much of the rest of Europe is following. The Global Warming Policy Foundation gives a nice roundup today, starting with Denmark, which is postponing additional offshore wind for almost ten years: Denmark Scares Off Investors After Energy Agenda Is Jettisoned It was the first country ever to venture into offshore wind power. »

Green Weenie of the Week: Conservatives for Responsible Stewardship

Featured image I was remiss last week in not bringing to everyone’s attention Robert Bryce’s splendid Wall Street Journal article about how the U.S. Fish and Wildlife Service has decided to allow wind energy producers to kill up to 4,200 bald eagles a year. It includes such gems as this: A 2013 study in the Wildlife Society Bulletin estimated that wind turbines killed about 888,000 bats and 573,000 birds (including 83,000 raptors) in 2012 »

Epic Solar Power Fail Gets Even More Epic-er

Featured image Last we checked in on the $2.2 billion Ivanpah solar power facility out in the California desert, it was in danger of being shut down because it was failing to produce the promised amount of electricity, despite all that free desert sunshine. (Before that we reported on how it was merely incinerating birds by the hundreds.) Well it gets better. Yesterday Ivanpah managed the feat of setting itself on fire: »

Fracking Nonsense, Debunked

Featured image Environmentalists who once praised natural gas as a “bridge fuel” predictably turned against hydraulic fracturing because it made gas cheap, abundant, and profitable—the three cardinal sins of green energy. (The first principle of “green energy” is that it isn’t acceptable unless it requires buckets of taxpayer cash to keep afloat, which thereby limits its abundance over time. And generates lots of the other kind of “green” for Al Gore and »

Three Cheers for Fracking

Featured image Yesterday the Department of Energy released a brief report showing that the fracking boom has cut the average household’s energy costs by about $750 a year: Since June 2014, decreases in crude oil and natural gas prices have reduced household energy costs. According to initial figures from the U.S. Bureau of Labor Statistics (BLS), the chained consumer price index for urban consumers (C-CPI-U) decreased by 1.2% from June 2014 to February 2016. »

How the Greens Are Killing “Green” Energy

Featured image Every day you read about how “green” energy, especially solar and wind power, are growing by leaps and bounds. And yet as a share of total electricity generation, green energy’s share is declining. (See the paired charts below.) One reason for this is that natural gas-fired electricity is growing faster, which somehow the news media forgets to mention. Another reason, though, is that many emission-free nuclear power plants are being »

The Clinton context

Featured image Hillary Clinton bragged six weeks ago in the course of the CNN infomercial in Columbus, Ohio: “We’re going to put a lot of coal miners and coal companies out of business” (video below). To adapt the famous Ring Lardner quote, we’re going to destroy you, she explained. Yesterday in West Virginia, however, Clinton had a different “explanation.” She didn’t mean it. She had taken herself out of context: “I don’t »

Live from Omaha, it’s Warren and Charlie

Featured image Nebraska attorney Dave Begley follows up on his report on the appearance of James Hansen to support his proposal at the annual Berkshire Hathaway shareholder meeting. Dave reports: The climate change resolution put forth by Dr. James Hansen was defeated but it gathered slightly more than ten percent of the vote. In other business, Warren Buffett discussed the $3.6 billion capital investment MidAmerican Energy is making in windmills. His business »

Oh Goody—Another Energy Bill!

Featured image News out of Washington is that the Senate yesterday passed an energy bill—the Energy Policy Modernization Act of 2016! Hooray! We’re saved at last! (Assuming, that is, it passes the House, too.) I’m sure it will do at least as much as the energy bills of 2005 and 2007—you remember those, don’t you? It was the Energy Policy Act of 2005—1,725 pages long—that promised to deliver us “clean coal” and »