Offshore Wind Is Really A Pirate Ship on the Sea of Subsidies

Tom Shepstone
Shepstone Management Company, Inc.

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Offshore wind only survives due to subsidies created by government and wind developers are more like pirates than entrepreneurs.

The Manhattan Institute does fantastic research and a little over two weeks ago it issued a report by Jonathan Lesser that addresses the fiasco that is wind energy; offshore that is. Titled “Out to Sea: The Dismal Economics of Offshore Wind,” it illustrates the piracy occurring on those seas as wind developers ride a wave of green political correctness and raid the ships of state to steal their booty of government subsidies.

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State Senate Reminds Tom Wolf He’s No Tsar and RGGI Is No Good

Tom Shepstone
Shepstone Management Company, Inc.

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Tom Wolf, a trust-funder personality, imagines he doesn’t need to collaborate, but the State Senate just told him he can’t do RGGI on his own.

Tom Wolf is a thoroughly unusual governor. He bragged about being different during his first campaign with those silly jeep ads. There aren’t many governors with beards these days, either, though they were once commonplace. A conversation with a friend last evening, in fact, made me realize who he looks like from the past; Russian Tsar Nicholas II who abdicated in the face of the 1917 revolution. The Wikipedia entry on Nicholas describes him as “a well-intentioned yet doctrinally inflexible ruler.” This might well also be said of Tom Wolf on any number of subjects, but especially RGGI. It’s bad enough, in fact, that a bi-partisan, and nearly veto-proof, majority of the Pennsylvania State Senate is calling him out on it.

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Labor Day Reminder: Fossil Fuels Make Modern Life Possible

Tom Shepstone
Shepstone Management Company, Inc.

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Labor Day is a nice reminder of the dignity of real work, but also the role of fossil fuels in making it all possible and rewarding.

Bob Bradley, over at the Master Resource blog, has out together a wonderful collection of images illustrating just how much fossil fuels, especially oil and natural gas, have contributed to making work less a case of drudgery and more one of dignity. All productive work has dignity, as Mike Rowe’s “Dirty Jobs” series has proved over and over again. Nonetheless, when the opportunity to eliminate the drudgery comes along, human dignity usually demands we embrace it, if for no other reason than to free the worker to enjoy life and ponder its meaning. And, if we but look back just a few generations, we find it is energy that has made Labor Day possible as a celebration.

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RGGI Not So Smart, Building Trades Tell Governor Wolf

Tom Shepstone
Shepstone Management Company, Inc.

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The South Central Pa Building & Construction Trades Council told the Senate Environmental Resources & Energy Committee that RGGI isn’t smart.

Senator Gene Yaw’s Senate Environmental Resources & Energy Committee conducted a hearing the other day on RGGI, the underwhelming Regional Greenhouse Gas Initiative that in which Governor Tom Wolf wants to arbitrarily enroll the Commonwealth. The governor got plenty of pushback from the trades and I was struck by the testimony of Donald Arena, President of the South Central Pa Building and Construction Trades Council. You can watch the whole hearing here, but I have reposted much of his testimony below (emphasis added):

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Natural Gas Power Makes America Move Like A “Tremendous Machine”

Tom Shepstone
Shepstone Management Company, Inc.

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Natural gas power dominates in every way, fueling so much of everything about our lives today as it has made the electricity vital to us all.

One of the greatest of thrilling moments in sports history has to have been when Secretariat won the Belmont Stakes and the Triple Crown of Horse Racing in 1973. Watching this beautiful horse move out as jockey Ron Turcotte simply let him run was, as the broadcaster yelled, “like [watching] a tremendous machine,” at about 1;40 in the video below. I’ve watched it dozens of times because the action is so smooth, so powerful and so incredibly stunning. Such has been the rise to dominance of natural gas power in this country.

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Biden Plan Would Destroy Oil and Gas Jobs in Pennsylvania

Tom Shepstone
Shepstone Management Company, Inc.

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Tom Pyle, President of the American Energy Alliance, has written a terrific piece on Joe Biden for Harrisburg’s Patriot-News Penn Live blog.

The Presidential race is now in high gear and the stakes are even higher. Joe Biden would be a disaster for Pennsylvania, not to mention freedom and our energy independence. He’s out-of-touch, out-of-sync and out of ideas. He would destroy Pennsylvania oil and gas jobs for the sake of the green raw deal, which is really about rewarding hedge fund investors in green eggs and scam and simultaneously refashioning America in totalitarian style. Tom Pyle, President of the American Energy Alliance (AEA), has addressed the Joe Biden threat in an opinion piece for Penn Live, which we’re happy to excerpt here, with AEA permission.

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Fossil Fuel Myths Used to Frustrate Pipeline Development

Tom Shepstone
Shepstone Management Company, Inc.

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There are an awful lot of fossil fuel myths being spun these days by oil and gas opponents who now seek to frustrate pipeline development.

We’ve seen it with the Constitution Pipeline, the NESE pipeline, the PennEast Pipeline and a whole host of other oil and gas infrastructure projects that are essential by any standard of common sense; irrational opposition based on what can only be called fossil myths. One the blogs I frequently check is A Chemist in Langley, authored by Blair King, a Professional Chemist and a resident of the Township of Langley, British Columbia, Canada. He’s a scientist who believes global warming deserves our attention but his view is guided  by rational thinking, not blinding ideological fervor and fossil fuel myths, as is so often the case. That’s why I like to read what he has to say.

Blair King has a lot to say that makes a whole lot of sense to me, especially regarding fossil fuel myths. He put up a post the other day titled “Revisiting activist myths about the Trans Mountain Pipeline – or Why Climate leaders may sometimes need to build pipelines” that caught my attention. It was, of course, about the Canadian Trans Mountain Pipeline Expansion Project (TMX) and project opponents who operate from the silly premise that “climate leaders don’t build pipelines.” King decided “to revisit some of the faulty arguments made by the opponents of the TMX” and “explain why sometimes climate leaders may need to build pipelines.” Here’s just a bit of what he had to say about fossil fuel myths:

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