The Biz Bucks Blog provides former Biz Bucks students and other busy professionals with a summary and commentary of seminal articles from the opinion pages of the Wall Street Journal. You can be notified of a new posting by subscribing to the blog (enter email in box on right) or by following on Twitter: @BizBucksGuy.
Ron Binz: The Man Who Would Kill Natural Gas September 23, 2013 11:59 AM | Tagged as Binz, fracking
WSJ September 14, 2013 Page A12: Target: Natural Gas” (editorial)
The Biz Bucks Guy recently attended a regional industry meeting in which one speaker proposed a new business model for electric utilities. The speaker was a colleague of Ron Binz, the Colorado utility regulator now nominated for the Federal Energy Regulatory Commission by President Obama. This federal agency is largely an uncontroversial commission dedicated to reliability in the national electric grid. Uncontroversial, until now!
President Obama’s nominee is ready to promote a drastic change in our generation mix to meet his perceptions of the global warming “crisis”. Binz, like the Sierra Club, and other environmental radicals wants the USA to move away from ALL fossil fuels. Even though the scientific case has never been made and even thought Obama’s EPA won’t disclose the scientific basis for their radical direction. Now FERC is being use to foment the “fundamental transformation of America” promised by Obama and his “most transparent administration in history”. Transparent? Let’s see the science behind the EPA’s direction.
Binz calls our nation’s vast and increasing natural gas supply a “dead end.” He is going to use his powers as head of FERC to push the nation towards so-called renewables. [His college Ron Lehr who spoke was a lobbyist for the wind generation industry.] The economic well-being of our nation will be impacted greatly if his vision is implemented.
We owe much to George P. Mitchell who discovered the way to do fracking economically. Capitalism, in this case, fracking combined with private property ownership in the USA, has done more to improve our well-being than any government funded program for the poor. Read this editorial for more details. But capitalism is not part of the radical left’s narrative. You will not hear much about the two referenced studies informing us of the economic benefits of our newly found natural gas energy supply.
Posted in Energy Policy, Global Warming | 0 Replies
To receive email updates when a new post is made, please enter your email address in the box below and click Subscribe.
Use these key words to search past blogs:
1994 97% Alesina Recession Alinsky Allesina austerity Baloney BAT Binz bird kills Bogle Border Adjustment Tax Brulle Bryce capitalism carbon Carbon Dioxide CBO CFTC chains China Churchill Climate Climate Change Clinton Comparative Advantage Crichton Cronyism Cummins Curry Darwin Death panel demographics population economics Denier derivatives Dodd-Frank Drug dynamic Dynamic Scoring education electric car Energy Energy Policy Enron Debt Entitlements Eugenics Fat Fry Flat Earthers fracking free markets free trade Free Trade E-Verify Free Trade Zoellick Freedom Heritage Foundation Friedman gas lines Gas Prices glaciers Global Warming Global Warming Sustainability global warming subsidies IMF Globalization Trade God Google Gore Gramm Green Blob Grifo Groupthink Growth Hannity Hayek Hostess Hybrid Immigration Imports index funds Indexing Intellectual Denial investing investment IPCC JFK Joint Tax Kennedy Kerry Keynes Keynesian Keynesian Tax Cuts King Barak Bird Kills Koch Koonin Laffer Lamar Smith Lomborg macroeconomics macroeconomics;static; dynamic MACT Makiel markets Marxist medical care minimum wage Mitchell Model T Moore Morgenthau Navarro Neumark NOAA NY Times Obamacare ObamaCare Rove Health Insurance O'Reilly participation rate Patrick Moore peer review Peer Review EPA Piketty Pipelines plywood Presidential authority Price Controls Pruitt Racial divide Rare Earth Reagan Recession REE Renewable Portfolio Standards Renewables Ricardo Ridley robotics RPS Ryan Schlaff Science science integrity scoring Settled Science Shaffer shortages socialism socialized medicine Solar Panels Solvaldi Sovaldi static steel STEM Stephens Steyer stimulus subsidy sugar Supreme Creator tax policy Taylor territorial taxes corporate taxes Tesla Trade train wreck Trump unemployment wages Wind wind power women Zuckerman