Topic: Energy

Free Market Electricity: A Primer

– September 16, 2024

Free-market electricity rests on time-honored theoretical and evidential foundations. Yet the classical-liberal alternative to heavy-handed regulation has been ignored for more than a century.

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Why the ‘Green Economy’ Is Suddenly in Retreat—in EU, US, and on Wall Street

– July 30, 2024

“Green parties and environmentalists have had success largely by getting people to focus on the desired effect of their policies (saving people from climate change) and to ignore the costs of their policies.” ~Jon Miltimore

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The Economic Folly of a Carbon Tax

– July 21, 2024

“Increasing production costs leads to higher prices for goods and services, disproportionately affecting low- and middle-income households — especially when they already suffer from high inflation.” ~Vance Ginn

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Sense and Nonsense on Petrodollars

– June 17, 2024

“Myths and hyperbole aside, the weakening US-Saudi relationship is one instance amid a growing trend of diminishing US influence in global currency markets and international finance.” ~Peter C. Earle

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Confounding the Case for Oil and Gas Collusion

– June 5, 2024

“Oil is produced and sold in a global market. Even true cartels like OPEC don’t have total control over prices. It comes down to supply and demand.” ~Alexander W. Salter

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Governments, Not Markets, Impel ESG 

– June 4, 2024

“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall

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Texas Continues to Push Back Against ESG, But Is It Enough? 

– May 23, 2024

“The TPSF manages funds designated for education on behalf of Texas taxpayers. If the funds have lower returns because of asset managers’ ESG crusades, Texas taxpayers are on the hook.” ~Paul Mueller and Thomas Savidge

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‘Consumer Reports’ Jettisons Objectivity on Climate Change

– May 17, 2024

“Scaring the public into action simply does not work — indeed, Chicken Little can proclaim only for a short time that the sky is falling until people begin to see through the ruse that Chicken Little is really Chicken Liar.” ~David Legates and E. Calvin Beisner

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Stakeholder Statism is Coming

– May 2, 2024

“ESG follows the trajectory of efforts by the progressive left to replace a free, voluntary, and competitive society… with centrally ordered institutions… to engineer their preferred society.” ~Richard M. Reinsch

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Economists’ Advocacy for a Carbon Tax Is Misguided

– April 29, 2024

“The reality is that bureaucrats and politicians would likely choose a metric aligned with their self-interest or with the interests of those who currently hold power.” ~Kenneth W. Costello

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Bitcoin Mining and Icelandic Bananas

– April 25, 2024

“Stranded energy and unused electricity are magnets for bitcoin miners, as they take electricity that can’t readily be used for other purposes and turn it into one of the world’s most liquid and globally transferable assets.” ~Joakim Book

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ESG Puppeteers

– April 18, 2024

“Climate financiers are not capitalists. They are corporatists who think the government should direct private industry. They want to work with government officials to benefit themselves and hamstring their competition.” ~ Paul Mueller

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