Tag: Energy

Contributor Post Created with Sketch. The Resurrection of US Nuclear Power

 

Harry Reid almost single-handedly crippled nuclear power in this country through his efforts to block the licensing of the nuclear waste repository at Yucca Mountain. In spite of a the safety evaluation report and the environmental impact statement published by the NRC that stated the repository would be sound for the 1-million-year period of waste isolation required in the regulations, licensing the repository has remained in limbo.

It wasn’t all Harry Reid’s fault. For a number of reasons, the public has been uneasy about nuclear power. To a great extent, this ambivalence has been due to the nuclear industry’s pitiful job of educating the public. Chernobyl and Three Mile Island dominate public perception; people don’t know the difference between nuclear weapons and nuclear power. In addition, the building of plants has become prohibitively expensive, particularly without government involvement.

More

Contributor Post Created with Sketch. Trump’s Speech Should Have Been About Nuclear Power, Not the Paris Climate Agreement

 

Maybe the best reason, such as it is, to support American withdrawal from the Paris climate agreement has nothing to do with the climate. Under President Obama, the United States agreed to a de facto treaty without submitting it to the Senate for ratification. As the editors at National Review rightly note, “In a government of laws, process matters.” Government certainly doesn’t need more unilateralism by its chief executive.

Unfortunately, the actual reasons driving withdrawal had more to do with populist politics, nationalism, partisanship, and unreasonable disbelief in climate science than constitutional conservatism. Oh, and plenty of reflexive anti-Obamaism in there, too.

More

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Trump Dismantles Obama Regs on Energy, Environment

 

President Trump issued a sweeping executive order Tuesday to unravel several Obama-era environmental and energy regulations. Signed at the EPA headquarters, the order calls for an immediate review of Obama’s Clean Power Plan, which restricted greenhouse gas emissions at coal-fired plants.

“We’re going to have safety, we’re going to have clean water, we’re going to have clean air,” Trump said, “but so many [regulations] are unnecessary, so many are job-killing.” He added, “Together we are going to start a new energy revolution.”

More

Contributor Post Created with Sketch. Member Post

 

I mean, how cool is that? More

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Contributor Post Created with Sketch. Recommended by Ricochet Members Created with Sketch. Member Post

 

Our favorite Navy Fighter Pilot, @BrentB67 (let’s get him back on Rico!) joins this week’s Whiskey Politics podcast to discuss the current economy. Brent Berarducci of BlackLion Capital Management shares his unique and timely perspective as we talk about the trend towards populism, the U.S. debt, trade protectionism, and just what the heck is happening in Saudi […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Promoted from the Ricochet Member Feed by Editors Created with Sketch. American Energy and Trump

 

​City Journal associate editor Matthew Hennessey and Manhattan Institute senior fellow Robert Bryce discuss the possibilities for the domestic energy industry under Trump, the state of American nuclear power, the Left’s push for all-renewable energy, and more.

City Journal is a magazine of urban affairs, published by the Manhattan Institute.

More

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Perry to Lead Energy, GOP Needs Ideas, DNI Disagrees with CIA on Russia

 

Jim Geraghty of National Review and Greg Corombos of Radio America applaud Donald Trump’s selection of former Texas Gov. Rick Perry to be secretary of energy. They wince as Senate Majority Leader Mitch McConnell taps the brakes on the Trump tax plan and offers no ideas on how to reduce spending fight future deficits or replace Obamacare. And they discuss the Office of the Director of National Intelligence and the FBI disputing the CIA’s conclusion that Russia meddled in the 2016 campaign explicitly to help Trump win.

More

Member Post

 

A few questions, only loosely related: Do we still rely on Middle Eastern nations to produce oil and natural gas? The US now has access to plenty without them. Also, the region has been in turmoil for years and yet I’m paying less than $2 per gallon, so even their impact on the world market doesn’t […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

http://business.financialpost.com/news/energy/ottawa-approves-two-pipelines-rejects-one-while-imposing-tanker-ban-on-northern-b-c-coast Quote: More

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

Wolfcamp shale formation in western Texas, the largest continuous oil accumulation in the United States ever found: 20 billion barrels of oil 16 trillion cubic feet of associated natural gas 1.6 billion barrels of natural gas liquids Drill, baby, drill! More

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Contributor Post Created with Sketch. Choice: A Novel Idea

 
South_Point_Wind_Farm
Photo Credit: Harvey McDaniel.

In the latest dispatch from the Reality-Refuses-to-Conform-to-Narrative Files comes this bit of news from the WSJ:

Texas has added more wind-based gen­er­at­ing ca­pac­ity than any other state, with wind tur­bines ac­count­ing for 16% of elec­tri­cal gen­er­at­ing ca­pac­ity as of April. Now Texas is an­tic­i­pat­ing a huge surge in so­lar power. […] In April, there was more than 19,000 megawatts of renewable capacity, according to the U.S. Department of Energy, cranking out enough power for nearly 4 million Texas homes.

More

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Candidates, Keep Your Hands to Yourselves

 
shutterstock_9575458
Michael Woodruff / Shutterstock.com

Hillary Clinton delivered a major speech earlier this week, focused on Donald Trump’s credibility on economic issues. She warned that his policies and brash leadership would result in major economic problems. “Just like he shouldn’t have his finger on the [nuclear] button, he shouldn’t have his hands on our economy,” she said. Clinton is right and correctly identified Trump’s economic strategy as potentially disastrous. Ricochet contributor James Pethokoukis recently wrote about Moody’s analysis of Trump’s plan, which predicts Trump’s high tariffs will trigger a recession lasting longer than the Great Recession. Taking all of Trump’s policies into consideration, Moody’s also forecasts large deficits, government borrowing, and labor shortages to contribute to the economic slump. A heavy handed protectionist agenda punishes businesses and consumers alike through high taxes, constrained trade, and restricted access to consumer goods. Ironically, the ostensibly nationalistic economic plan would be bad for American business and for the American people. Trump should not have his hands on the economy.

And neither, of course, should Clinton. Implementation of just one of her centrally-planned proposals – transitioning the entire supply of US residential electricity to solar energy – would be enough to send the economy into ruin. The plan would cost untold billions of dollars, money that neither the government nor the private sector has for an inferior energy technology. Worse than the financial cost, it would push the entire country onto an intermittent and unreliable energy source, such as solar, resulting in regular, widespread blackouts all across America. The ensuing economic disruptions would be so great it would be nearly impossible to quantify. Suffice it to say, every aspect of modern life — personal, professional, and everything in between — depends on access to reliable sources of electricity and energy. Economic policy that jeopardizes the existence of 21st century life as we know it is beyond absurd, it is horrifying.

More

Contributor Post Created with Sketch. Energetic Advocates Needed

 
Anacortes_Refinery_31911
Anacortes, WA oil refinery, by Walter Siegmund (talk) – Own work, CC BY 2.5.

Some months back, I wrote about the Environmental Kuznets Curve, which posits that, as societies become richer, their citizens can afford the luxury of caring about the environment in ways they currently cannot. I suggested that some of this preference could be expressed through government regulation or taxes on dirtier forms of energy, though said I would oppose these in favor of market-driven means.

As the Wall Street Journal details, this is sort-of happening on the West and East Coasts: Environmentalist groups — sometimes, in conjunction with Native American tribes — have successfully stymied a great deal of fossil fuel development through activism and collaboration with government regulatory mandarins because, ew, carbon. Keystone XL may be the biggest and best known example, but it’s hardly the only one:

More

Contributor Post Created with Sketch. This Week in Federal Regulatory Takeover

 

“As the presidential primaries dominate the news, under the radar the Obama administration continues its unilateral assault on the economy and civil society. Consider the news from just this week.” So I wrote last month. Is it poor form to start a new post with exactly the same opening?

1. Yesterday, the Food and Drug Administration announced that they will extend tobacco regulations to e-cigarettes:

More

Member Post

 

  I write a weekly book review for the Daily News of Galveston County. (It is not the biggest daily newspaper in Texas, but it is the oldest.) My review normally appears Sunday. When it appears, I post the previous week’s review on Ricochet.  More

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s growing community of conservatives and be part of the conversation. Get your first month free.

Contributor Post Created with Sketch. On Climate Change and Nuclear Power, Democrats May Not Be the Party of Science

 

Nuclear PlantEduardo Porter in the New York Times:

And yet even as progressive environmentalists wring their hands at the G.O.P.’s climate change denial, there are biases on the left that stray just as far from the scientific consensus. “The left is turning anti-science,” Marc Andreessen, the creator of Netscape who as a venture capitalist has become one of the most prominent thinkers of Silicon Valley, told me not long ago.

More

Contributor Post Created with Sketch. Supreme Court Puts the Clean Power Plan on Hold

 

clean-power-planOn February 8, the United States Supreme Court issued a terse order that by a five-to-four vote enjoined the Environmental Protection Agency from taking any steps to implement its Clean Power Plan. That most ambitious plan sought to impose a comprehensive long-term set of limitations on the use of coal, and indeed all energy sources, inside the United States. The order itself was a black box, which in its entirety reads:

West Virginia, et al. v EPA, et al.

More

Contributor Post Created with Sketch. Regulate, Rinse, and Repeat

 

Via The Economist, most of sub-Saharan Africa has very little access to electricity, and what power is available is very expensive (if you omit South Africa, the number are even more depressing). The problem appears to be less a matter of energy production than one of distribution. Why you ask? In Tanzania, it’s because the state-owned and state-protected distribution monopoly can’t pay its bills:

Tanesco, which has a monopoly on distributing power in Tanzania, is severely cash-strapped. Its outgoings are inflated by the need to buy expensive emergency backup fuel to keep the lights on when the supply from dams falters. In practice, payments to independent power producers such as Symbion often come last on its list.

More

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Notes on the Decline of US Crude Oil Production

 

shutterstock_227012731My first job after the Navy was running operations, compliance, and finance for a small exploration and production company based out Farmington, New Mexico. I remain involved in the industry through non-operated working interests in Kansas, drilling consultancy in the Permian Basin, upstream operations consulting moving drilling rigs, and am the principal of Blacklion Capital Management, a Commodity Trading Advisor.

We’re in the middle of the downstroke of an oil cycle that starts with over-production and/or a decline in demand (this time, both of those, combined with a rising dollar) that causes prices to fall, exploration to dry-up, and production to slow. However, given how many steps there are between a rig and your gas tank, it takes a while for this information to process through the industry before the upstroke can happen. Rising oil prices are in our future, though exactly when is not certain.

More

Promoted from the Ricochet Member Feed by Editors Created with Sketch. In Keystone XL Decision, Hillary Chooses Primary Votes over Science

 
shutterstock_128585396
Rena Schild / Shutterstock.com

Last week at a New Hampshire town hall, Hillary Clinton was asked her position on the long-delayed Keystone XL pipeline. Instead of offering a simple yes or no, the supposedly spontaneous candidate issued a warning to President Obama: “I’m putting the White House on notice, I’m going to tell you what I think — soon.”

That promise of steely-leadership-as-soon-as-the-polls-come-in was fulfilled today as Clinton publicly revealed her opinion on the seven-year-old controversy:

More