Cooler Heads Digest

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News You Can Use
Hedge Fund Wins Big Bet against Solar
In a quarterly newsletter, the hedge fund Greenlight Capital, Inc. announced that it has closed its short position in First Solar, “one of the most profitable shorts in the history” of its funds. Stock prices for First Solar, which received a $1.4 billion stimulus loan from the same program that propped up Solyndra, plummeted primarily because Germany rolled back solar power subsidies.

Inside the Beltway
Myron Ebell

Obama Punts on Keystone (again)
President Barack Obama on Wednesday, 18th January, announced that he would not approve the Keystone XL pipeline from Alberta’s oil sands to refineries in the Gulf States.  A provision in the payroll tax cut extension legislation required the President to make a decision before 21st February based on the national interest.  The President’s statement used the deadline to blame Congress for his decision:

“This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people.”

The New York Times was almost alone among major papers in supporting the President’s decision.  The Washington Post noted that the President’s own Council on Jobs and Competitiveness had reported the day before that the United States needed to be building more energy infrastructure, including pipelines.  Post columnist Robert Samuelson wrote that Obama’s decision was an “act of national insanity.”

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Post image for Cooler Heads Digest 6 January 2012

In the News

On Grid Solar: An Industry in Plight
David Bergeron, Master Resource, 6 January 2012

A Honda Civic Lesson
Eric Peters, American Spectator, 6 January 2012

Federal Judge Blocks Enforcement of California Low Carbon Fuel Standard
Marlo Lewis, GlobalWarming.org, 5 January 2012

Ethanol Subsidies Are Gone, But Not Forgotten
Daniel Kish, U.S. News and World Report, 5 January 2012

Send in the Clown
Henry Payne, The Michigan View, 5 January 2012

The Climate Change Message Is Not Being Heard; Here’s How to Change Tack
Sunny Hundal, Guardian, 5 January 2012

Range Fuels: Another Failed Loan Guarantee
Dan Chapman, Atlanta Journal Constitution, 4 January 2012

Could Climate Change Create Deadly, Mutant Sharks Which Kill Us All?
James Delingpole, Telegraph, 3 January 2012

Antarctic Temperature Trends
World Climate Report, 3 January 2012

On Energy Policy, Reasons To Cheer
George Will, Washington Post, 1 January 2012

News You Can Use

Bad News for Electric Cars

Jackie Moreau

Last week, we reported that electric vehicles receive subsidies of up to $250,000 per car. Recent news suggests this money is poorly spent.

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In the News

Obamacar for the 1 Percent
Henry Payne, Planet Gore, 30 December 2011

Should We Fear the Methane Time Bomb?
Marlo Lewis, GlobalWarming.org, 29 December 2011

Bring on 2012!
Robert Bradley, Master Resource, 29 December 2011

Why “Beyond Petroleum” Gave up on Solar
Paul Chesser, National Legal and Policy Center, 28 December 2011

Don’t Miss the Energy “Technolution”
Kirk Spano, Market Watch, 28 December 2011

The Circular Logic of Energy Independence
Jonathan Thompson, High Country News, 27 December 2011

Dingell’s Volt Goof
Dan Calabrese, The Michigan View, 26 December 2011

News You Can Use

Chevy Volt Subsidy up to $250,000 Per Car

Marlo Lewis

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Post image for Cooler Heads Digest 16 December 2011

In the News

Climategate Bombshell
Maxim Lott, Fox News, 16 December 2011

Scientific Communication: Preach or Engage?
Chip Knappenberger, Master Resource, 16 December 2011

Keystone Blue Collar Blues
Lawrence Kudlow, Real Clear Politics, 16 December 2011

Obama’s Justice Department Joins Britain’s Climategate Leaker Manhunt
Chris Horner, Washington Examiner, 15 December 2011

Nipping Jobs in the Bud
Brian McGraw, American Spectator, 15 December 2011

Time to Tell the Green Energy Industry to Grow Up
Jackie Moreau, GlobalWarming.org, 15 December 2011

Obama’s Transparency War Targets Climate Skeptics
David Bier, Open Market, 15 December 2011

Obama’s Regulatory Burden
Rep. Fred Upton, National Review, 15 December 2011

EPA’s Bogus Wyoming Fracking Report
Robert Bryce, New York Post, 14 December 2011

Big Picture Items
World Climate Report, 14 December 2011

New You Can Use

Another Alarmist Myth Debunked

According to an IPS interview with Richard Armstrong, a geographer at Colorado University’s National Snow and Ice Centre and the lead author of the first comprehensive study of the glaciers of High Asia, 96 percent of the water that flows down the mountains of Nepal into nine local river basins comes from snow and rain, and only 4 percent from summer glacier melt. Of that 4 percent, says Armstrong, only a minuscule proportion comes from the melting away of the end points of the glaciers due to global warming. The study debunks a long-held talking point of global warming alarmists, that climate change could incite a resource war between India and Pakistan by melting away Himalayan glaciers.

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