(Carla Gottgens/Bloomberg)

Commentary: Climate Industry’s Annual Meeting

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Each year, the UN holds a major conference of about 200 nations to deal with the alleged threat from climate change. It has become the equivalent of the climate industry’s annual meeting. Attendance is in the thousands and not only includes UN officials and government representatives but special interests that make money off of the […]
Categories: General

Commentary: Fossil Fuels are the Solution, Not the Problem

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The George C. Marshall Institute has recently released a study on fossil fuels and the economic well-being, http://marshall.org/energy-policy/fossilfuel-energy-and-economic-wellbeing.   It describes why energy is an essential input to economic activity. Because fossil fuels are such a large part of the world’s energy supply, they play a dominant role in enabling people everywhere to enjoy a […]
Categories: General

Aspirations Need to Reflect Reality

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President Obama has just announced tougher emissions reductions for EPA’s Clean Power Plant regulation—32% reduction from 2005 levels by 2030. Since actions have consequences, there are two simple questions that need to be answered to understand this proposal. The first is how the reductions are to be achieved. The second is what are the economic […]
Categories: featured, General, p2

Commentary: U.S. Energy Exports Are Fundamental Global Energy Security

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Very rarely does Congress put the level of effort and attention into one topic as they have in debating domestic energy exports. But rightfully so. The shale oil and natural gas revolution has dramatically changed the U.S. energy portfolio in ways most could not have predicted and our current policies tuned to the notion of […]
Categories: featured, General, p2

Commentary: Greece and Puerto Rico: Looking at the Future

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George Santayana famous quote about those who do not learn from history are condemned to repeat it, should be taken very seriously by our federal government and our economic situatiion. The economie disasters in Greece and Puerto Rico are analogous to looking in the mirror. Both have piled debt upon debt, have low labor participation […]
Categories: General

Demonization: The Death of Civil Discourse

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Presidential campaigns and daily coverage of candidates are a stark reminder that politics has become a blood sport where demonization is the coin of the realm. Candidates and their campaigns spend too little time discussing their views on issues and programs and too much time following the principle of “go negative early”. Civil discourse is […]
Categories: featured, General, p2

Making it Work

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The Pew Research Center has conducted polls over the past several years on the public’s confidence in government. The results are not encouraging nor surprising. In 2010, 74% rated the federal bureaucracy as only fair or poor. Last year, 75% said they trust the federal government to do what is right only some of the […]
Categories: featured, General, p2

Pope Francis’ Call for Global Governance

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The Pope’s encyclical appears to focus on climate change and environmental degradation but the larger focus is his indictment of capitalism and the presumed greed that it spawns, leading Pope Francis to call for a global government solution. The language in the encyclical looks like it came from the UN’s Agenda 21 and the Club […]
Categories: featured, General, p2

Market Assessment Based on Muddled Thinking

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Seeking Alpha is a financial and market website. In a recent post, it took ExxonMobil to task for its Chairman’s annual meeting remark about renewables. In answering a question, he said, “We choose not the lose money on purpose”. Seeking Alpha maintains that renewable energy is clearly on the rise (with solar PV showing particular […]
Categories: featured, General, p2

Commentary: Abundance and affordability, overlooked characteristics

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Although energy is just one input in the wealth production process, it is generally recognized as a critical one. Labor, capital equipment, technology, investment are combined with energy to produce goods and services, with energy being the catalyst. The growth of economic activity, as reflected by growth in GDP, can be directly linked to the […]
Categories: General