Free market energy policies can end economic malaise
“We can’t have an energy strategy that traps us in the past,” President Obama proclaimed in March 2012. “We need an energy strategy for the future – an all-of-the-above strategy for the Twenty-First Century that develops every source of American-made energy.”
At first blush, this sounds like common sense. The US economy and lifestyle “depend on inexpensive and plentiful energy,” the Congressional Research Service noted in a 2005 report, but people tend to forget this until world events cause gasoline prices to spike. Then Washington reacts, CRS continued – passing the Energy Policy Acts of 1992, 2005 and 2007. However, the US still does not have a “comprehensive long-term energy policy” that balances increasing supply with conservation and defines the proper interplay between government and market forces.




After a 16-month investigation, state regulators Monday said that natural gas fracking, contrary to highly publicized claims, isn’t to blame for high methane levels in three families’ drinking water in a northern Pennsylvania town.
Another powerful negative-feedback mechanism which acts to reduce the effects of global warming has been identified, as scientists say that rising temperatures cause plants to emit higher levels of planet-cooling aerosols.
The past 17 years of flat global temperatures are creating a big chill for lots of global warming doom-premised industries. Those experiencing cold sweats must certainly include legions of climate scientists who have come to depend upon the many tens of billions of taxpayer bucks for studies that would have little demand without a big crisis for the public to worry about. And that amount pales in comparison with the hundreds of $ billions we spend on generous subsidies, lost tax revenues and inflated consumer costs for otherwise non-competitive “green energy” industries which depend upon those scary climate reports, or the insane economic penalties imposed upon all segments through EPA’s climate-premised regulatory rampage.