Remember that time when the world's population exceeded its food production capacity, countless thousands of people dropped dead of starvation, and those of us who survived were reduced to eking out a subsistence level existence? No? That's because those late-18th century predictions of English cleric and economist Thomas Malthus never came to pass. Malthus failed to account for such factors as technologically improved means of production and declining birthrate. To any thinking person, a Malthusian prediction should be dismissed with laughter.
The Mackinac Center's Michigan Capital Confidential reports that a green tech transportation company has burned through a significant taxpayer loan, and they ain't payin' it back, because the business went belly-up:
In September of 2009, Fisher Coachworks was mentioned in a press release from (former) Gov. Jennifer Granholm as a "green technology" company that was part of the "new energy economy for Michigan." Two years later, the state says Fisher Coachworks is out of business and the state has to write off $1.6 million it loaned the electric bus manufacturing company.
Edgar Benning, general manager of Flint's Mass Transportation Authority, said in an email that Fisher Coachworks went out of business in the development phase of making two $1.1 million electric buses that Flint was going to purchase with grants from the American Recovery and Reinvestment Act, commonly referred to as the "stimulus plan."
Yesterday my American Tradition Institute colleague Chris Horner pointed your attention to the news that Duke Energy CEO Jim Rogers has backed a $10 million loan for the 2012 Democratic National Convention in Charlotte, in addition to taking on the task of raising $36.6 million for President Obama's reelection party.
Today at the National Legal & Policy Institute blog I explain how Rogers is also trying to create a friendlier political environment in North Carolina, as well as redefining the president's "crony capitalism" as "purpose-driven capitalism."
Johnston County, in the greater Raleigh area, is collecting hazardous wastes at a special location in a couple of weeks as a convenience for citizens who need to get rid of "potentially dangerous chemicals" around the house:
Items that will be accepted include oil-based paints and aerosols, lubricants, solvents, strippers, polishes, waxes, garden and agricultural chemicals from home and farm, batteries...
fluorescent light bulbs.
You know, the hundreds of bulbs that environmentalists want us to fill our dozens of lamps and sockets with throughout each of our homes and businesses. That release mercury when broken, unlike traditional incandescent bulbs, which we will no longer be able to buy very soon (unless the law is repealed).
To secure our energy future.
Since the announcement of the planned merger between Progress Energy and Duke Energy, which would make the latter the largest electric utility in the country, Progress CEO Bill Johnson has made several public appearances to explain the details. In remarks he gave to regulators who met in Washington on Monday, Johnson warned of a coming "train wreck" or "tsunami" that government excess is going to bring about:
Now that the 2011 House is in session, members are lining up to co-sponsor a repeal of the Fred Upton "Too Much Heat, Not Enough Light" Incandescent Light Bulb Ban.
Except, heh-heh -- you dunderheads -- it's not really a ban on incandescents, as a smarter-than-everyone-else reporter from The News & Record of Greensboro, NC explains:
GREENSBORO - U.S. Rep. Howard Coble is among those urging colleagues in Congress to turn off the lights on a controversial provision of the 2007 energy bill.
The Greensboro Republican is a co-sponsor of a bill to repeal what some refer to - erroneously - as the incandescent bulb ban....
The 2007 bill sets energy efficiency standards for light bulbs. It doesn't specifically ban incandescent bulbs, but it would phase out the cheap, 50 cents-a-piece (22 cents-a-piece at Wal-mart - PC), single-filament model based on Thomas Edison's century-old design.
Thanks in part to new House Energy and Commerce Committee Chairman Fred Upton, 100-watt incandescent light bulbs will no longer be sold in the U.S. after Jan. 1, 2012, with a ban of 75-, 60- and 40-watt bulbs to follow in the subsequent years. But in Europe this process began already , and has now inspired a bit of innovative business marketing, as Reuters reported recently:
Siegfried Rotthaeuser and his brother-in-law have come up with a legal way of importing and distributing 75 and 100 watt light bulbs -- by producing them in China, importing them as "small heating devices" and selling them as "heatballs...."
Rotthaeuser studied EU legislation and realised that because the inefficient old bulbs produce more warmth than light -- he calculated heat makes up 95 percent of their output, and light just 5 percent -- they could be sold legally as heaters.
It was only two weeks ago that EPA proposed rules to that would force large industries to use "best available control technology" to reduce their greenhouse gas emissions, with a deadline of December 1 for the public to comment or complain. You may have noticed there was the Thanksgiving holiday during that time period, which further limited the amount of time that those affected would have to respond. Jay Lehr, Maureen Martin and James Taylor, my colleagues at the Heartland Institute, had a few choice words about these bureaucratic shenanigans:
This command-and-control form of government brings to mind Nancy Pelosi's announcement to the House of Representatives last spring regarding Obamacare - when she said "we have to pass the bill so that you can find out what is in it." Of course most of us know how that turned out.