Site: Master Resource

Slant: Sceptic

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Recent Articles

Master Resource: ‘No Country for Radicals’: India Fights Back Against Obstructionist Nonprofits

The statement from India and other nations is clear: “This is no country for radical environmentalism.” And it is not just India. China has always maintained its sovereign rights for development, and the new Brazilian government is moving towards reclaiming its energy independence.

Mark Scialla, a freelance journalist based in the United States, was deported from India two weeks ago for…

Today: 07:00   Click to comment

Master Resource: Samuel Insull and Rural Electrification (it did not start with FDR’s New Deal )

“I am not claiming any great originality for the Lake County Experiment [on rural electrification in 1910]. If I had not hit upon it somebody else would have, but it is rather an interesting sidelight that even the opponents of private ownership, such as the Tennessee Valley Authority, by their work have put the stamp of approval on such matters….”

– Samuel Insull, The Memoirs of Samuel…

2019-01-16 07:00   Click to comment

Master Resource: FDR’s New Deal with Energy: Part V (Rural Electrification)

“The private sector’s push for rural electrification would be forgotten as electrifying the countryside became a political issue during the New Deal, specifically with the creation of the Rural Electrification Administration in 1935.”

– Robert Bradley, Edison to Enron: Energy Markets and Political Strategies (2011), p. 165.

“Next to their ability to pump water mechanistically, small wind…

2019-01-15 07:00   Click to comment

Master Resource: FDR’s New Deal with Energy: Part IV (Coal Code)

“Bitter conflicts over wage differentials, a hodgepodge of subdivisional judgments regarding the proper price of coal, blatant disregard for the code proscription against selling under a fair market price, and the widespread disregard of the other injunctions against unfair trade practices produced a chaotic price structure….”

“Each price classification included several individual pries based…

2019-01-14 07:00   Click to comment

Master Resource: FDR’s New Deal with Energy: Part III (oil retailing)

“Despite over 400 prosecutions on over 1,800 reported infractions, effective enforcement was never achieved. For every disputed violation there was a hundred more, and federal judges were as inclined to dismiss code violations as they were to side with the government.”

“[One case] concerned the Babe Ruth Contest held by Jersey Standard in 18 states. With extensive advertising featuring Ruth…

2019-01-10 07:00   Click to comment

Master Resource: FDR’s New Deal with Energy: Part II (oil refining)

“No matter how ela­borate may be the statistical technique employed, no matter how conscientious and fair-minded may be those who apply it, no mat­ter how zealous may be the endeavor to conceal its naked arbi­trariness by such descriptive terms as `scientific,’ `legiti­mate,’ or `equi­table,’ there is no escape from arbitrariness in [federal] quota fixing [for oil refiners].”

– Myron Watkins…

2019-01-09 07:00   Click to comment

Master Resource: FDR’s New Deal with Energy: Part I (oil exploration & production)

“But what was FDR’s New Deal (1933–35) pertaining to energy? The real New Deal was centered on petroleum and coal. Second, it was an alliance of special business interests and power-hungry bureaucrats working against common consumers and taxpayers. Third, it was about a police state to try to enforce command-and-control edicts.”

In What exactly is the ‘Green New Deal’? E&E News (November 16,…

2019-01-08 07:00   Click to comment

Master Resource: Energy & Environmental Newsletter: January 7, 2019

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. Towards…

2019-01-07 07:00   Click to comment

Master Resource: Joe Romm: UAH Temperature Update (Sept. 2017 vs. December 2018)

Editor Note: In October 2017 (15 months ago), Joe Romm at ThinkProgress published a post, September [2017] sets alarming global temperature record and negates a favorite denier talking point.

In his words:

September 2017 smashed multiple climate records, alarming scientists and further negating a favorite talking point of climate science deniers…. It’s especially remarkable to see these…

2019-01-04 07:00   Click to comment

Master Resource: Plant Vogtle: More Bad News (Georgia Power’s philosophic fraud, imprudence)

“As usual the Georgia Power Company and the Georgia Public Service Commission staff quibble over the cost-to-complete analysis of Plant Vogtle (Units 3 & 4). The company inflates the cost of the combined-cycle alternative and leaves out costs of completing the project.”

“After water-boarding the numbers, the Company says completing the project is in the best interest of ratepayers. Staff…

2019-01-03 07:00   Click to comment

Master Resource: Sustainable Fuels Unlikely to Replace Hydrocarbons for Air Travel

“Hydrocarbon fuels will remain essential for modern air travel. So-called sustainable aviation fuels are expensive, produced in negligible volumes, and provide CO2 savings only on paper. As such, they fail the real sustainability test of affordability, plenty, and reliability.”

Air travel is a miracle of our modern society. In 1620, the pilgrims took 65 days to cross the Atlantic Ocean by…

2019-01-02 07:00   Click to comment

Master Resource: A Message for the New Year (from Marian Tupy at HumanProgress)

“I hope that next time you hear people complain about the terrible state of human affairs, you’ll ask them in what other period in human history do they think they would be better off. If they get the point of the question, good. If they don’t, they should sign up to receive our scintillating newsletters. Pronto.” (Marian Tupy, below)

MasterResource is inspired by the work, worldview, and…

2018-12-31 07:00   Click to comment

Master Resource: Happy Holidays from MasterResource

MasterResource, a free-market energy blog, turns ten years old on December 26th. We thanks our contributors, readers, and parent (Institute for Energy Research) for their continual support. We will resume publication on Monday January 5th.

The post Happy Holidays from MasterResource appeared first on Master Resource.

2018-12-21 07:00   Click to comment

Master Resource: Holiday Lighting Humbug

Don’t drive. Don’t fly. Don’t eat red meat. And … don’t let yourself enjoy holiday lighting.

It’s not easy being green, they say. Well, gee, life is a bummer when you get the religion of deep ecology. Here are some (sad) examples.

“With the holiday season, the intensity of light pollution only increases…. Ideally, there would be a public outcry against bigger causes of light pollution, such…

2018-12-20 07:00   Click to comment

Master Resource: Energy & Modernity: Three Industrial Revolutions (Heartland Institute treatise excerpt)

This post reprints Section 3.2.1 of the forthcoming Climate Change Reconsidered II: Fossil Fuels (Summary for Policymakers here.) This is the fifth volume in the Climate Change Reconsidered series published by the Nongovernmental International Panel on Climate Change (NIPCC). This treatise from The Heartland Institute continues a tradition of offering citizens and scholars an alternative view…

2018-12-19 07:00   Click to comment

Master Resource: Paris Climate Accord Death Spiral Underway (FT article begins the autopsy)

“It has become increasingly clear that Donald Trump’s presidency hasn’t just led to the withdrawal of the United States from the landmark agreement. It has also halted the rest of the world’s efforts…. Call it the ‘Trump’ effect.”

– Joseph Curtin, “Trump Has Officially Ruined Climate Change Diplomacy for Everyone.” FT, December 12, 2018.

Another realistic, “defeatist” article about the futile…

2018-12-18 07:00   Click to comment

Master Resource: Energy & Environmental Newsletter: December 17, 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. Towards…

2018-12-17 07:00   Click to comment

Master Resource: Mineral Privatization for the Masses: Remembering Guillermo Yeatts (1937–2018)

“The major international energy issue should not be climate change. It should be, per Guillermo M. Yeatts, country-by-country privatization of subsurface mineral rights to benefit the mass of surface owners and would-be entrepreneurs.”

He was a true friend of private property, free markets, the rule of law, and goodwill for all. He was a successful entrepreneur in the US and Latin America. He…

2018-12-13 07:00   Click to comment

Master Resource: “Why Greens are Turning Away from a Carbon Tax” (POLITICO documents a turning point)

“The story of the carbon tax’s fading appeal, even among groups that like it in principle, shows the difficulties of crafting a politically palatable solution to one of the world’s most urgent problems — including greenhouse gas levels that are on track to reach a record high this year. ‘This aversion to taxes in the U.S. is high and should not be underestimated,’ said Kalee Kreider, a former…

2018-12-12 07:00   Click to comment

Master Resource: Private Governance in Oil & Gas: Permian Strategic Partnership

“Private governance can be found in other examples in the oil and gas industry. Just think of the whole communities that exist on offshore oil and gas platforms. Why? Again as explained by Edward Stringham, ‘in many cases government officials do not have the knowledge, incentive or ability to enforce contracts or property rights in a low cost way’.”

Can the private sector assume functions now…

2018-12-11 07:00   Click to comment

Master Resource: Bush 41 and Climate Policy: Launching a Mistake (1992 Rio Summit haunts us today)

“The United States fully intends to be the world’s preeminent leader in protecting the global environment. [E]nvironmental protection makes growth sustainable…. [This] recognition … by leaders from around the world is the central accomplishment of this important [United Nations] Rio Conference.”

– George H. W. Bush, “News Conference in Rio de Janeiro, June 13, 1992.

“Bush restored federal…

2018-12-10 07:00   Click to comment

Master Resource: Kinder-Morgan’s Environmental, Social, and Governance Report (no regrets predominates)

“… Kinder Morgan rightly emphasizes its self-interested progress in making its operations more efficient and reducing byproduct waste. Presumably, such progress did not hurt consumers and/or stockholders but was a win/win. Such is a no regrets policy toward methane emissions in particular.”

“Kinder Morgan’s “Statement on Climate Change” smartly places the climate-change issue in a global and…

2018-12-06 07:00   Click to comment

Master Resource: ‘Climate Alarmism and Corporate Responsibility’ (2000 essay for today’s debate)

Corporate policy makers entering the fray should be guided by two principles, both reflecting the balance of evidence at the intersection of climate science and climate economics. First, mandatory GHG programs should be rejected in favor of voluntary approaches…. Second, voluntary actions by corporations should not go beyond win-win “no regrets” initiatives. Control practices that are…

2018-12-05 07:00   Click to comment

Master Resource: Environmental Accounting and Green Subsidies: The Biofuels Mistake

“Full-cost accounting turns out to be complicated. Ethanol from corn was a popular idea in corn-growing U.S. states like Iowa, as well as with those who wished to reduce dependence on foreign oil. Environmental groups joined farm lobbies to enact ethanol mandates and subsidies. But new research and mounting environmental costs have turned most environmental groups against ethanol.”

At…

2018-12-04 07:00   Click to comment

Master Resource: Energy & Environmental Newsletter: December 3, 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. Towards…

2018-12-03 07:00   Click to comment

Master Resource: National Climate Assessment: Remember the MIT ‘Club of Rome’ Report (1972 … 2018)

“If all the policies instituted in 1975 in the previous figure are delayed until the year 2000, the equilibrium state is no longer sustainable. Population and industrial capital reach levels high enough to create food and resource shortages before the year 2000.”

– Donella Meadows, et al. The Limits to Growth. New York: Universe Books, 1972, p. 169.

The New York Times headline screamed:…

2018-11-29 07:00   Click to comment

Master Resource: King Global Coal (NYT article parsed)

“Home to half the world’s population, Asia accounts for three-fourths of global coal consumption today. More important, it accounts for more than three-fourths of coal plants that are either under construction or in the planning stages — a whopping 1,200 of them….”

– Somini Sengupta, The World Needs to Quit Coal. Why Is It So Hard? New York Times, November 24, 2018.

It’s a fossil-fuel world.…

2018-11-28 07:00   Click to comment

Master Resource: Sierra Club joins Big Wind Bullies at Apex, Seeking to Destroy our Environment

“Today’s Sierra Club has strayed so far from [John] Muir’s original mission of protecting life and our natural environment it is unbelievable. We are greatly saddened to see the Sierra Club (a group many of us used to support) now lobbying for the destruction of vast swaths of rural America with industrial wind sprawl,…”

Sierra Club founder, John Muir, must be rolling over in his grave.

2018-11-27 07:00   Click to comment

Master Resource: Robert C. McNair: A PURPA Story

“A federal investment tax credit was enacted just as the project was being completed, adding 10 percent to the rate of return. Accelerated depreciation in the same law further sheltered profits from income taxes. Thank you, political capitalism.”

“Cogen Technologies would go on to become one of the very top independent power developers in the nation. The sale of CTI’s major asset to Enron in…

2018-11-26 07:00   Click to comment

Master Resource: The Kochs and Public Policy: A Clarification

“Oh how David Koch wishes he could have donated more to the arts and medical science and less to political causes. In this regard, when will the Left demand that private foundations stop propping up climate alarmism and redirect their donations to, say, pediatric research?”

In “David Koch Steps Down from Business and Conservative Political Group,” New York Times writer Jeremy Peters misses a…

2018-11-24 07:00   Click to comment


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