For those who have tracked the development of the theory of manmade climate change in recent years, it seems as if its adherents thrive on a succession of purported crises. It is as if every study which is debunked, every scandal which discredits the prophets of doom, and every economic failure associated with the climate change theory has sparked two more crises to take their place.
On Election Day 2010, Reuters noted briefly that Intercontinental Exchange Inc. (ICE) was “shedding some 40 employees from its … Chicago Climate Exchange (CCX) by the end of the year, with further cuts [expected] in 2011.” In its curt announcement, Reuters said that all trading on that exchange had virtually stopped in July “due to the lack of U.S. action on climate change.”
Environmentalists do not seek control of just the U.S. economy; they seek international control as well. The oceans, however, remain largely free. Here may be the last true frontier of prospecting for natural resources. Such a prospect is proving increasingly likely in the area of minerals such as nickel, copper, cobalt, and manganese, which are essential to modern industrial economies.
Item: Environmental Protection Agency Administrator Lisa Jackson, reported The Hill for September 23, “is adopting a populist stance as she pushes ahead with first-time greenhouse gas rules, charging that oil and coal lobbyists are using ‘scare tactics’ to protect their financial interests at the public’s expense.”
According to an old quote often attributed to Mark Twain, everyone complains about the weather, but no one does anything about it. Most of the time the weather which most immediately captures our interest is that in our immediate surroundings, but it turns out that the Sun’s weather is quite capable of having an immediate impact on human life.
Even as the actions of New Mexicans at the polls on Tuesday mirrored the nationwide trend away from the policies pushed by the Washington elite, an unelected board was busy working to impose the “cap and trade” agenda of the radical environmentalists.
BrightSource Energy, headquartered in Oakland, California, is developing the $2 billion Ivanpah Solar Electric Generating System (ISEGS) in the Mojave Desert — the first large-scale solar thermal project built in the Golden State in nearly two decades. Once constructed, it will be the largest in the world, possibly doubling the amount of U.S.-produced commercial solar thermal electricity.
Those of us who drive in the Midwest or Southwest are often startled to see a plethora of wind turbines sprouting like overnight mushrooms in an area we remember as farms or grazing lands. But unlike the fragile mushrooms that we kicked over when walking to school on spring mornings, these mushrooms have 700-ton concrete bases, are nearly 30 stories tall, and cost upwards of $3,570,000 each. What caused all this to happen since our last trip to the area? Who is footing the bill? And why?
Despite the limited environmental benefits of ethanol, expensive ethanol subsidies continue to be financially supported by the American taxpayer. With ethanol subsidies set to expire at the end of the year, however, the Competitive Enterprise Institute is encouraging politicians to allow them to expire, even as lobbyists and environmentalists continue to push for renewed expensive and unproductive ethanol subsidies and mandates.