Utopia, you are standing in it!

Once upon a time, governments strived to ensure their citizens had access to reliable and affordable electricity. That was then. This is now.

A cabal of wind and solar rent-seekers and their political enablers are determined to control every aspect of your daily life, by preventing you from having electricity, as and when you need it.

If you think that the Great Green Reset is not a work in progress, we suggest you read on.

Examining California’s Renewable Energy Plan
California Globe
Edward Ring
8 March 2022

If you live in California, by now you’ve probably seen the ads, either on prime time television or online, exhorting you to “Power Down 4 to 9PM.” These ads are produced by “Energy Upgrade California,” paid for by “investor-owned energy utility customers under the auspices of the California Public Utilities Commission and the California Energy Commission.”

According to the mission of Energy Upgrade…

During the debate about the Trump tax plan, proponents made three main arguments in favor of reducing the federal corporate tax rate from 35 percent to 21 percent.

1. A lower rate would be good for workers, consumers, and shareholders.
2. A lower rate would boost American competitiveness.
3. A lower rate would produce some revenue feedback for the IRS.

The last item involves the “Laffer Curve,” which is a graphical representation of the non-linear relationship between tax rates and tax revenue.

Put in simple terms, entrepreneurs, investors, and business owners have more incentive to earn money when tax rates are modest.

High tax rates, by contrast, discourage productive behavior while also giving people a bigger incentive to find loopholes and other ways of avoiding tax.

This does not mean that lower tax rates produce more revenue, though that sometimes happens.

The main takeaway is the most…

…tastes like wine from a can. Stick to bottles, “Bev.” And maybe hard seltzer or some such.

When they’re not bursting into toxic fireballs, the contribution made by giant lithium-ion batteries remains utterly trivial. They are, after all, electricity storage devices and don’t add a lick to electricity generation capacity, anywhere.

The cost of battery storage, at scale, is out of all proportion to the benefits returned and we wouldn’t be having this discussion were it not for the hopeless intermittency of wind and solar. No one talked about electricity storage when we allowed nuclear, coal-fired and gas-fired plants to deliver power, 24 x 7, whatever the weather.

At best, battery storage provides additional frequency control at the margins, but it’s the chaotic delivery of wind and solar that increased demand for that as a “service” which grid managers pay a premium for.

But that’s not the pitch put forward by the wind and solar acolytes, who tell us that by adding more and larger lithium-ion batteries…

It has been all over the financial news that Elon Musk made an offer last week to buy out Twitter for $54.20 per share, which is well above its recent stock price. And also, that the board quickly stiff-armed Musk by adopting a “poison pill” provision. What are poison pills, are they a good thing, and how does this particular one work?

Major decisions for a corporation are made by its board of directors. In theory, they are supposed to direct operations for the benefit of the company’s shareholders, who are considered the actual owners of the corporation. The members of the board are elected by the shareholders in annual meetings.

In practice, the board largely does what it wants, and has an outsized influence on who gets elected. The board sets the agenda of the annual meetings, and proposes successor directors. In theory, shareholders can propose resolutions and alternative…