Site: Master Resource

Slant: Sceptic

Active: yes

Recent Articles

Master Resource: Exchange with a Climate Alarmist at R Street: Part II

“Models, models. Experts, experts. At every step of each Malthusian episode, the latest science is cited as proof of the alarmist position. The Club of Rome studies in the 1970s to Peak Oil studies of recent decades. And the latest climate-model averaging today.”

Why engage with an anonymous (and possibly fraudulent) climate alarmist (see the exchange yesterday)?

First,…

2018-04-19 07:00   Click to comment

Master Resource: Exchange with a Climate Alarmist at R-Street: Part I

[Editor note: This exchange at the R-Street Institute website (no longer visible) is posted here and here.]

Josiah Neeley of R-Street, once a critic of climate alarmism (see yesterday), took the dough and is now desperately trying to make a case to libertarians and conservatives that the climate is in crisis and a carbon tax (and all the global government that goes with it) is necessary.

2018-04-18 07:00   Click to comment

Master Resource: Josiah Neeley Rejects a Carbon-Dioxide Tax and Wind Power

“The debate over a carbon tax is now not just one of theoretical speculation; proponents need to explain why the U.S. outcome would be different from what actually happened in Australia.”

“Wind power simply cannot be scaled up to replace traditional energy sources such as fossil fuels and nuclear power….Wind subsidies might make a few people rich, but they won’t make wind a free market…

2018-04-17 07:00   Click to comment

Master Resource: Predicting New Oil Field Discoveries: Institutional Realism over Simple Extrapolation

“The top-down approach by many [Peak Oil] analysts tends to ignore the explanatory variables behind oil supply trends. [They] merely extrapolate recent trends, especially if they are declining. Oil prices, fiscal regimes, and other factors that influence investment and supply trends are ignored….”

“While it is true that the success of any given wildcat cannot be predicted, you can forecast…

2018-04-16 07:00   Click to comment

Master Resource: China’s Coal-for-Coal Substitution (CERA’s Zhou explains what the US press does not)

“China’s new strategy is to rely mostly on a switch from ‘dispersed coal’ to clean coal, bolstered by generous doses of natural gas and all of the above—and more natural gas storage.” (Xizhou Zhou)

Last month in conjunction with CERAWeek, the Wall Street Journal published a Special Advertising Feature by Xizhou Zhou, “How China’s Anti-Smog Campaign Triggered a Natural Gas Crisis and…

2018-04-12 07:00   Click to comment

Master Resource: Attack on Tom Stacy: “No Good Deed Goes Unpunished” (anti-wind effort smeared by crony environmentalist)

“Mr. Anderson and the Energy and Policy Institute marginalize themselves by assuming what must be debated. Thinking persons want to know about tradeoffs: economic and environmental. And what about the fact that Tom Stacy has been and mostly is a volunteer for his cause, unlike Anderson who gets a nice full-time, six-figure salary for his?”

It is strange to read a perfectly normal, accurate…

2018-04-11 07:00   Click to comment

Master Resource: Predicting New Oil Field Discoveries

Peak oilers, and neo-Malthusians in general, tend to suffer from a serious methodological problem, one that has afflicted analysis of resources for many years.  They often correctly point to the fact that petroleum (and other non-renewable resources) are extracted, not produced.  Meaning “you have to find the oil before you can produce it.”  This is a major part of the long-standing…

2018-04-11 07:00   Click to comment

Master Resource: China’s Coal-for-Coal Substitution (CERA’s Zhou explains what the US press does not)

“China’s new strategy is to rely mostly on a switch from ‘dispersed coal’ to clean coal, bolstered by generous doses of natural gas and all of the above—and more natural gas storage.” (Xizhou Zhou)

Last month in conjunction with CERAWeek, the Wall Street Journal published a Special Advertising Feature by Xizhou Zhou, “How China’s Anti-Smog Campaign Triggered a Natural Gas Crisis and…

2018-04-11 07:00   Click to comment

Master Resource: Deep Ecology Applied to Hydraulic Fracturing (Nikiforuk goes strange, again)

“… fossil fuels replenished slavery’s ranks with combustion engines and other labor-saving tools. Since then, cheap oil has transformed politics, economics, science, agriculture, and even our concept of happiness. Many North Americans today live as extravagantly as Caribbean plantation owners. We feel entitled to surplus energy and rationalize inequality, even barbarity, to get it. But…

2018-04-10 07:00   Click to comment

Master Resource: California Energy Reform: Shellenberger’s One-Fourth Loaf

“Michael Shellenberger needs to go Alex Epstein. He must explain the fundamental energy concepts of density and intermittency in his political quest in the Golden State…. He must differentiate between global lukewarming and catastrophic warming from the enhanced greenhouse effect. The war on fossil fuels must end in the Golden State.”

Michael Shellenberger, founder and president of

2018-04-09 07:00   Click to comment

Master Resource: Update: ‘Is DOE Leading Us Astray?’ (A 1999 analysis revisited)

“In DOE’s ostensible energy efficiency zealousness, it assumes ‘command and control’ of a portion of the economy. Such political markets inevitably displace free markets, as vested interests organize and mobilize resources to protect and enlarge their abilities, against less powerful stakeholders, to determine regulatory outcomes.”

In 1999, nearly a decade before the beginning of…

2018-04-05 07:00   Click to comment

Master Resource: Business History Scholarship: Jack High Interview (Part II)

Editor Note: This completes a two-part interview of Professor Jack High, profiled yesterday. His interest in business scholarship in the classical-liberal tradition relates to important topics at MasterResource: political capitalism, contra-capitalism, and corporate cronyism.

“There is so much about business practice that is ripe for study by Austrian economics, but it is not a main focus of…

2018-04-04 07:00   Click to comment

Master Resource: Business History Scholarship: Jack High Interview (Part I)

Editor Note: Jack High, retired from a professorship in economics at George Mason University, came to specialize in political economy, particularly business lobbying (rent-seeking) for special government favor. In this regard, he edited Regulation: Economic Theory and History (University of Michigan Press: 1991) and wrote (with Clayton Coppin) The Politics of Purity (University of Michigan…

2018-04-03 07:00   Click to comment

Master Resource: Energy & Environmental Newsletter: April 2, 2018

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).

A key element of AWED’s efforts is public education.…

2018-04-02 07:00   Click to comment

Master Resource: On Energy Cost Trends (applying caution to the big talk of energy transformation)

“Comparing straight costs for disparate products or where there are intangibles involved (convenience of a gasoline engine versus low maintenance on an electric vehicle) can be tricky and allow for wild differences in estimated consumer demand for a product, even without disagreements over future cost trends.”

“Although costs have been dropping for the Cleantech products such as solar, wind…

2018-03-29 07:00   Click to comment

Master Resource: Climate Tutorial: Happer, Koonin, Lindzen (climate alarmism on trial)

“… the historical and geological record suggests recent changes in the climate over the past century are within the bounds of natural variability.”  (p. 10)

“Projections of future climate and weather events rely on models demonstrably unfit for the purpose. As a result, rising levels of CO2 do not obviously pose an immediate, let alone imminent, threat to the earth’s climate.” (p. 10)

2018-03-28 07:00   Click to comment

Master Resource: Contra-Capitalism as Business Strategy

“Beyond rent-seeking, a corporation can engage in other behaviors long decried by classical liberals, behaviors that might be characterized as contra-capitalism.”

Cronyism … Rent-seeking … Regulatory capture … Special-interest politics … Strategic uses of government intervention … Many terms have described business lobbying within the up-for-grabs socioeconomic system of political…

2018-03-27 07:00   Click to comment

Master Resource: Political Capitalism as a Distinct Economic System

Editor Note: Three years ago, Professor Randall Holcombe, the DeVoe Moore Professor of Economics at Florida State University, published an important essay in the Cato Journal, “Political Capitalism.” MasterResource is pleased to republish his summary as Part I of our four-part series: political capitalism (today), contra-capitalism (tomorrow), and business-history scholarship (Wednesday…

2018-03-26 07:00   Click to comment

Master Resource: Twenty-One Bad Things About Wind Energy — and Three Reasons Why

[Editor note: This post updates the most read piece in the history of MasterResource. Last updated in 2012, the post began in ‘s previous iterations were “Wind Spin: Misdirection and Fluff by a Taxpayer-enabled Industry,” which was itself an update of “Fifteen Bad Things About Wind Energy, and Three Reasons Why.”]

Trying to pin down the arguments of wind promoters is a bit like…

2018-03-22 06:00   Click to comment

Master Resource: Chennai, India’s Cold Winter vs. Global Warming Hype

“Why do developing countries like India fear calling out the climate myth? Because doing so would risk international trade relations by challenging the European economic powerhouses that are vehemently opposed to any country that leaves the Paris accord. In fact, the European Union’s new Brussels policy stipulates that the EU will not sign trade pacts with any country that does not ratify…

2018-03-21 06:00   Click to comment

Master Resource: Kathleen Harnett White: ‘Social Justice’ Energy for the Masses (Part III)

[Editor Note: This is Part III of our series on Kathleen Harnett White, distinguished senior fellow and director, Armstrong Center for Energy and the Environment (Texas Public Policy Foundation). White’s nomination to head the White House Council on Environmental Quality (CEQ) was recently withdrawn due to extreme opposition from climate activists and allied politicians (see Part I of this…

2018-03-20 06:00   Click to comment

Master Resource: Kathleen Hartnett White: Energy and Climate Insight (Part II)

[Editor Note: This continues our series on Kathleen Harnett White, distinguished senior fellow and director, Armstrong Center for Energy and the Environment (Texas Public Policy Foundation). White’s nomination to head the White House Council on Environmental Quality (CEQ) was recently withdrawn due to extreme opposition from climate activists and allied politicians (see Part I of this…

2018-03-19 06:00   Click to comment

Master Resource: R Street on Wind Power (2014)

“If the private sector won’t build wind turbines without the credit, it’s time for America to rethink its approach to wind power and renewable energy in general…. Congress should abandon the idea of reviving the federal Wind Production Tax Credit, because it actually undermines efforts to make wind competitive.”

– George David Banks, R Street Institute (2014)

Back in October 2014, R…

2018-03-15 06:00   Click to comment

Master Resource: ALEC on Climate Science: Where’s the Beef?

“A new ethic is needed for corporate America, one where cronyism, obvious or subtle, is uncovered, reported, and criticized by the media and the public. Corporations will do the right thing under the new norms of a free, civil society.”

Corporations can practice Principled Entrepreneurship™ wherein “good profits” are derived from private property rights and voluntary exchange. Common…

2018-03-14 06:00   Click to comment

Master Resource: Katherine Harnett White: Common Energy/Climate Sense

“White’s failure to give the politically correct answer to heat storage in the ocean pales in comparison to the response of EPA Director Gina McCarthy in Senate testimony in 2005 when asked: ‘Is the temperature around the globe increasing faster than was predicted, even 10 years ago?’ McCarthy’s answer: ‘I can’t answer that question’.”

The Trump administration’s announced plan earlier…

2018-03-13 06:00   Click to comment

Master Resource: Energy & Environmental Newsletter: March 12, 2018

The Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).

A key element of AWED’s efforts is public education.…

2018-03-12 06:00   Click to comment

Master Resource: Epstein, White to US EPA (a great six minutes in San Francisco!)

[Editor note: Earlier this week, Alex Epstein and Tyler White gave three minute talks to the US Environmental Protection Agency (EPA) in San Francisco on the Obama-era Clean Power Plan. Epstein’s comments are videotaped here. The two’s comments are transcribed below (h/t to Don Watkins).]

“But most of what I’m hearing today, most what I’m seeing outside, certainly most of what I’m seeing from…

2018-03-09 07:00   Click to comment

Master Resource: Energy Statism: R Street Hits New Low (carbon tax dead, so wind & solar lovefest today)

“R Street continues to live the lie of ‘engag[ing] in policy research and outreach to promote free markets and limited, effective government.’ Pricing carbon dioxide, replete with global tariffs (‘border adjustments’) and tax differentials (‘equity adjustments’), coupled with a government-forced transformation to (not so) ‘clean’ political energies, has nothing to do with classical…

2018-03-08 07:00   Click to comment

Master Resource: DeSmog Blog: Guilty as Charged (‘hit’ profile looks good to me!)

DeSmogBlog describes itself as “clearing the PR pollution that clouds climate science.” This site is 100 percent against (consumer-driven) fossil fuels in the name of climate alarmism and advocates forced energy transformation. Such statism is anti-consumer and, via de-industrialization, anti-wealth.

As part of their effort, DeSmog has profiled just about everyone of note on the free-market,…

2018-03-07 07:00   Click to comment

Master Resource: Enough! Martis Responds to Sinclair re Industrial Wind (face-to-face debate urged)

“Kevon Martis is a ‘senior fellow’ of a Washington-based think tank, E&E Legal, which has a well-known history of support for tobacco, oil, gas, and coal interests. He can hardly be considered an unbiased presenter on energy topics…. Hopefully, in coming months as this discussion evolves, a more balanced picture of the issue can come to light.”

– Peter Sinclair, Yale Climate Connections. “

2018-03-05 07:00   Click to comment


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