Renewable Energy is Unreliable

While great efforts are being made to develop public support for renewable energy, much of the information that is reported is misleading. As an example, when new renewable electricity sources, such as wind and solar, are brought online, industry groups and the media usually report the capacity that has been added to the electrical grid. […]

Subsidies are Cronyism

In a free market, businesses compete, not only for customers, but also for the capital that is required to start, operate, and expand a company’s operations. Investors seek the best return possible for their money, and they judge businesses on the basis of risk and potential reward.

Investors are concerned with a company’s ability to […]

The Push for Renewable Energy

Following the Arab oil embargo of 1973, the federal government began to develop a national energy policy. In 1975, President Ford proposed a ten-year plan to build two hundred nuclear power plants, two hundred and fifty major coal mines, one hundred and fifty large coal-fired plants, thirty new oil refineries, and twenty synthetic fuel plants. […]