Category Archives: Energy

Another unintended consequence of Dodd-Frank: Higher energy costs?

John Siciliano of the Washington Examiner reports concerns that the federal government’s recent financial regulations could raise your energy costs. The Commodity Futures and Trading Commission, the nation’s lead financial market watchdog, appears to have gotten the message from energy companies that sweeping new financial regulations that the agency is rolling out could drive upContinue Reading

Alternate headline: Crony defends cronyism

This morning’s News & Observer features an article headlined “Ex-CEO defends green energy,” in which former Duke Energy top dog Jim Rogers bemoans legislation to cap North Carolina’s mandate for Duke to use high-cost energy sources. Anyone who has followed Rogers’ exploits over the years should not be surprised.

Saudi-led oil price war impacts N.C. offshore drilling

Saudi Arabia’s unwillingness to follow its longstanding policy of propping up oil prices means North Carolina might have to wait for offshore energy exploration. That’s the assessment of Daniel Fine, associate director of the New Mexico Center for Energy Policy and project leader of a group developing New Mexico’s state energy policy. Fine described aContinue Reading

Govt. programs return ‘almost all’ their investment? No wonder solar is fighting so hard to keep THAT going

Do this math: 30% federal investment tax credit 35% state investment tax credit 30% federal depreciation 5% state depreciation Or, as described by the N.C. Dept. of Environment and Natural Resources in its March 2015 Energy Report, Solar energy investors with sufficient tax liability may combine the 35 percent state ITC with the 30 percentContinue Reading

Wind industry to push candidates in presidential race

John Siciliano of the Washington Examiner probes the wind industry’s potential impact on the 2016 campaign. The wind industry will begin flexing its political muscle in the run-up to the presidential elections, with the goal of holding politicians accountable for their support, or lack thereof, for wind-generated electricity. “We are a big industry … weContinue Reading

Barron’s D.C. man pans Strategic Petroleum Reserve

Jim McTague explains in his latest “D.C. Current” column for Barron’s why the Strategic Petroleum Reserve amounts to an “oily boondoggle.” Ah, boondoggles! They cost us taxpayers dearly, but they’re worth their weight in political gold. A boondoggle can birth rare bipartisan consensus among warring Democratic and Republican congressmen. Case in point: the $40 billionContinue Reading

The folly of the ethanol mandate

University of Georgia Professor Emeritus Harold Brown writes of “The Ethanol Scramble” for the Georgia Public Policy Foundation. An excerpt: The mandate for ethanol use was met or exceeded every year until 2010 when the mandate and consumption were just under 13 billion gallons. Consumption has levelled off since then, probably because it has saturatedContinue Reading

Green power programs: Bad for the poor?

Robert Zubrin writes at National Review Online about negative unintended consequences associated with Germany’s “green power” program. On May 7, Tom Friedman published an op-ed in the New York Times filled with praise for Germany’s green-power program. “What the Germans have done in converting almost 30 percent of their electric grid to solar and windContinue Reading