The idea of cleaner sources of energy sounds great, unless you are one of the workers who has lost your job in the industry transition. “It is critical that, to the extent policy is going to take steps to make sure the energy system is cleaner and greener as we move forward, it addresses the people who are potentially left behind,” says Ken Medlock, senior director of the Center for Energy Studies. “Nobody wants to lack an opportunity because they spent their time learning how to do something that is being displaced.” Read more at the Houston Chronicle (subscription required). | March 5, 2021, 8:24 a.m.
Some have said that President Biden's cancellation of the Keystone XL pipeline early in his presidency would quickly result in higher gasoline prices -- but that's not the case, said energy fellow Mark Finley. For starters, the pipeline wasn’t operating yet. "Revoking it does nothing to today’s balance" of supply and demand, he said. On the supply side, OPEC and Russia have made voluntary production cuts, which has the effect of raising prices, Finley said, and U.S. companies are investing less in finding new sources of oil. Read more at Politifact. | March 2, 2021, 8:09 p.m.
"The free market ideology ignores risks. Most people want to keep the lights on more than make a market theory work," said Baker Institute expert Dan Cohan. Cohan and others are calling for big changes to Texas' deregulated electricity market. | March 2, 2021, 6:47 p.m.
Gov. Abbott's demands to mandate winterization of the Texas power infrastructure miss the mark, writes Rice faculty scholar Dan Cohan. "Reliable and resilient energy and water systems must prepare for a full spectrum of extremes, not just winter events." Read Cohan's op-ed in the Houston Chronicle (subscription required). | March 1, 2021, 4:17 p.m.