As the Solyndra bankruptcy debacle begins to unwind, President Obama and political leaders will find that an increasingly bright light is shone on the federal government’s mischievous administration of green energy loans and subsidies. William Yeatman, energy policy analyst at the Competitive Enterprise Institute (CEI) — a think tank promoting free markets and limited government — testified at a House Water and Power Subcommittee of the Natural Resources Committee hearing Thursday on a contentious loan program orchestrated by the Western Area Power Administration (WAPA), a power marketing administration within the U.S. Department of Energy.
Regardless of global temperatures, fewer people are dying from extreme weather events, according to a new study published by the libertarian think tank Reason Foundation. Its research revealed the global weather-related death rate has declined by 98 percent since the 1920s. Deaths from severe weather now contribute only 0.07 percent to global mortality.
Shell Oil is set to tap Alaska's vast oil reserves now that the U.S. Environmental Protection Agency (EPA) has issued a final air quality permit to allow exploration development north of the Arctic Circle. The permit allows Shell to set up its Noble Discoverer drillship in the Chukchi Sea along with a fleet of support vessels including icebreakers and oil-spill response crafts. The company will be allowed to operate them no more than 120 days annually starting in 2012. The permit sets strict air pollution control limits on the drilling equipment.
If the American Physical Society's numbers on global warming are accurate, the earth's temperature has been "amazingly stable" and "human health and happiness have improved" during a century and a half of minor climate change, Nobel Prize-winning physicist Ivar Giaever (left) said in a message to the APS, explaining why he is resigning from the society. Giaever cited a 2007 statement by the organization calling the evidence of global warming "incontrovertible."
Any supposed "global warming" is on temporary hiatus thanks to Earth's deep oceans trapping the sun's heat, according to Colorado's federally-funded National Center for Atmospheric Research (NCAR) and Australia's Bureau of Meterology. Researchers published these results in the September 18 edition of Nature Climate Change.