Global cooling hurts Duke Energy
November 5, 2009It seems as if Duke Energy CEO Jim Rogers should be lobbying for increased greenhouse gas emissions.
Rogers is convinced — because his grandchildren told him so — that carbon dioxide emissions are warming the planet. So Rogers helped form the U.S. Climate Action Partnership, a coalition of a few big businesses and environmental groups that lobbies for carbon caps.
Ironically, the very global cooling that Rogers seems to be for is actually hurting his company’s earnings.
According to Duke’s the third quarter earnings report, earnings-before-interest-and-tax (EBIT) for Duke’s electric and gas division decreased:
- $46 million because of unfavorable weather (i.e, a cooler summer);
- $22 million because of reduced industrial demand (i.e., weak economy); and
- $27 million because of the expiration of a temporary rate raise (i.e., government granted windfall).
All very interesting since Rogers wants to:
- Cool the planet through carbon caps;
- Weaken the economy through carbon caps; and
- Make up for losses by charging more for electricity.
But for the three factors mentioned above, USFE&G’s Q3 EBIT would have increased by 11%.
Finally, Duke has spent about $10 million since 2008 lobbying for carbon caps. That’s a lot of lost earnings itself spent working against the interests of Duke shareholders and customers.
Hey Jim, there’s a reason children aren’t allowed to run the world.
What would it take to replace coal in the U.S?
November 3, 2009From today’s Financial Times, here’s what it would take to replace coal as a fuel for generating electricity:
It would take a massive effort to replace coal production. Peabody Energy, which owns North Antelope and is the world’s largest private sector coal company, says replacing coal would be a gargantuan task. It would require 2,400 times more solar generation, 40 times more wind power, 250 new nuclear plants, almost double the US production of natural gas, 500 hydro plants the size of the Hoover Dam or halving electricity consumption. Even then, the US would have to find a way to meet new demand, given growth forecasts.
The greens’ choice, of course, is the “halving electricity consumption” option. But never in the history of mankind has reduced energy use been associated with social and economic advancement.
The Great Light Bulb Robbery
November 2, 2009The Great Light Bulb Robbery has been called off in Ohio due to consumer outrage.
In early October, Akron, OH-based First Energy planned to force consumers to buy two compact fluorescent lightbulbs for $21.60 — bulbs for which the utility paid only $3.50 each.
The utility then planned to charge consumers $0.60 more per month to make up for lost electricity sales due to the bulbs’ energy efficiency.
But as Akron’s WYTV reported,
After taking a huge public relations hit when it tried to force all its customers to buy energy-efficient light bulbs, First Energy is making a new proposal.
The electric company is now asking the Public Utilities Commission to approve a voluntary program so that those who don’t want or need the mini-florescent lights don’t have to pay for them.
The scam would have netted First Energy $7.6 million — more than the $7 million (in 1963 dollars) netted during the August 1963 Great Train Robbery.
Green is the 21st century term for “stand and deliver.”
WashPost Ombudsman Responds: What bias?
November 1, 2009Washington Post Ombdsman Andrew Alexander responded in his weekly column to our posting last week (“Juliet Eilperin and the Saudia Arabia of Bias“) about reporter Eilperin’s conflict of interest — her husband works on global warming for the alarmist activist group Center for American Progress.
On one hand, we’re glad to see Alexander discuss the issue in his column and actually quote us, albeit anonymously — our statement, “Wouldn’t it be nice if every activist group owned its own Washington Post reporter?”, was attributed to “one [blogger].”
On the other hand, Alexander failed to explain precisely the nature of Eilperin’s journalistic sin. The problem is not simply that she is married to a global warming activist; the problem is that her articles are demonstrably biased. Post readers missed this distinction because Alexander neither gave examples (as we did) nor identified our blog, which raised the issue in the first place.
Alexander allowed Eilperin to get away with claiming that a “church-state separation” exists where her and her husband’s work overlaps. You mean, he works on climate for a major activist group and she reports on climate for a major newspaper — and they never talk about the subject? Is this realistic? Does Alexander respect the intelligence of his readers?
In any event, shouldn’t the self-proclaimed flagship paper in the world’s most powerful city hold itself to a higher standard than such self-policing? How about the standard to which Caesar supposedly held his wife, i.e., avoiding even the appearance of impropriety. Is Eilperin the only Post reporter who can use “carbon dioxide” in a sentence?
Alexander also excused Eilperin with the fact that she covered climate before she married her now-activist hubby. According to Alexander’s logic, then, since Eilperin’s reporting has always been biased, her marriage to an activist is not really relevant. We disagree. Eilperin’s marriage to an activist makes unbiased reporting from her even less likely.
Alexander then resorts to the old Washington trick of citing a “conservative” to let Eilperin off the hook. American Spectator and Washington Times‘ editorial writer Quin Hillyer “believes [Eilperin] to be ‘a very hard working journalist who tries very hard to be fair,’” wrote Alexander.
But Hillyer’s “belief” about Eilperin’s “trying hard” is as ridiculous as it is biased itself. First, Hillyer’s evidence of Eilperin’s absence of bias is her 2008 article about ethanol’s greenhouse gas emissions.
But this example only reveals Hillyer’s own unfamiliarity about ethanol and the greens, who only ever supported ethanol to mobilize farmers on the climate issue. When farmers served their purpose, the greens switched and began to oppose biofuels. The purpose of the exercise, as is often the case with green activism, was to play interests off each other and to cause public policy/economic/energy chaos that requires government intervention.
Next, Hillyer has a personal soft spot for Eilperin because, when he worked for Rep. Bob Livingston and she wrote for Roll Call, Eilperin “was always willing to listen.”
Gag us with the Sunday insert.
Comically, Alexander concludes,
It’s a close call, but I think she should stay on the beat. With her work now getting special scrutiny, it will become clear if the conflict is real.
What “close call”? Alexander’s article also excused three other Post reporters who have conflicts of interest. Maybe he meant to say, “It’s no contest” instead.
And what “special scrutiny” is he talking about? Her conflict is glaring and the Ombudsman just publicly excused her.
I’m not even sure that Alexander understands what journalistic bias is or how it can manifest itself.
In excusing Post editorial writer Ruth Marcus, who is married to the Chairman of the Federal Trade Commission, Alexander wrote,
… she recuses herself from discussions involving FTC matters and doesn’t write about them.
Of course, not writing about the FTC — i.e., self-editing — is also a form of bias. And then there’s the larger issue of her husband being appointed to a political position by President Obama. Forget about the FTC, would Ruth Marcus ever dare criticize any part of the Obama administration?
Alexander is no doubt familiar with “buy-us” at the Post — remember the “salons” with Post reporters that were up for sale at $25,000 a pop? But he seems to need a tutorial on “bias.”
JunkScience is under construction…
October 26, 2009JunkScience.com is undergoing a major hardware upgrade
Popularity comes with a price and, for JunkScience.com, that means a major hardware upgrade to meet expanding demand.
For the week ending Friday October 30, the main page will be in “fixed” mode, with no updates occurring.
For topical items and interaction why not log in to the still active JunkScience.com forum here: http://forum.junkscience.com/. No account? No problem, just create your own here: http://forum.junkscience.com/index.php?action=register
Get your JunkScience fix on the forum and, here, on GreenHellBlog for now. JunkScience’s main site will resume updating on a faster, more robust platform with the new week.
These are exciting times, come join in the fun.
Juliet Eilperin and the ‘Saudia Arabia of bias’
October 25, 2009It’s too bad that journalistic slant isn’t a form of energy because Juliet Eilperin would make the Washington Post the “Saudi Arabia” of bias.
Eilperin’s Oct. 24 article, “Global demonstrations to push for reduced carbon levels,” positively gushes over the events organized by 350.org, a global warming alarmist group that supposedly wants to reduce atmospheric CO2 levels from today’s 390 parts per million down to 350 ppm.
In covering the 350.org’s efforts, Eilperin doesn’t question its goals or efforts, nor does she interview anyone with contrary views.
Now compare her coverage of the 350.org event with her coverage of the skeptical Heartland Institute’s March 2008 global warming conference.
For the 350.org event, Eilperin apparently could not find anyone with opposing views. But for the Heartland event, Eilperin’s March 4, 2008 article…
… featured four ad hominem attacks from three environmental activists, abusing those who question global warming orthodoxy as members of a “flat Earth society” and participants in the “climate equivalent of Custer’s last stand…
… as I pointed out in my March 13, 2008 FoxNews.com column, “The Washington Post-er Child of Climate Bias.”
Am I cherry-picking Eilperin’s work?
Not only should you consider the other examples in my FoxNews.com column as well as some pointed out by ClimateDepot.com, but you also consider this: Juliet Eilperin’s husband works on climate issues for the Center for American Progress, a global warming-alarmist activist group.
Wouldn’t it be nice if every activist group owned its own Washington Post reporter?
Next, are the so-called climate skeptics so far out there that their views don’t qualify as within the realm of reason? Consider that the skeptics are holding their own, if not actually prevailing, in the battle for the hearts and minds of Americans on climate.
No significant federal legislation has passed and it’s not clear that any will any time soon. Polls indicate that Americans aren’t so concerned about global warming. Democrats on Capitol Hill have been advised to give up on global warming and, instead, to focus on “clean energy.”
How powerful must the skeptics arguments be when this small, under-funded, rag-tag “band of brothers” has held off for more than 20 years the onslaught of the giant eco-industrial lobbying machine.
Finally, consider Obama chief-of-staff Rahm Emanuel’s effort to denigrate and dismiss Fox News as a media outlet with a “point of view.” The White House may not like Glenn Beck and Sean Hannity, but at least those two don’t pose as unbiased journalists like Eilperin does.
Send your thoughts to the Washington Post ombudsman, Andrew Alexander, at ombudsman@washpost.com.
Kerry-Boxer bill updates
October 24, 2009Sen. Barbara Boxer (D-Calif.) released an updated 923-page version of the Kerry-Boxer global warming legislation late last night with new details on emissions allocations, which are similar to Waxman-Markey.
Here are the:
- 923-page Chairman’s mark (Chairman’s mark);
- Allocation Summary;
- EPA analysis; and
- Summary of changes.






