Daily Archives: August 31, 2011

The Real History of the Standard Oil Company Part III

Vindicating Capitalism: The Real History of the Standard Oil Company (Part III: The Missing Context of Standard’s Rise to Supremacy)
by Alex Epstein
August 31, 2011

[Editor Note: This five-part series by Mr. Epstein revisits the Standard Oil Trust controversy on this the 100th anniversary of the breakup of the Trust. Part I reviewed the flawed textbook interpretation of Rockefeller’s accomplishment; Part II sketched the rise of Standard Oil and defended the free-market practice of rebating.]

The 1870s was a decade of gigantic growth for the Standard Oil Company. In 1870, it was refining fifteen hundred barrels per day—a huge amount for the time. By January 1871, it had achieved a 10 percent market share, making it the largest player in the industry. By 1873, it had one-third of the market share, was refining ten thousand barrels a day and had acquired twenty-one of the twenty-six other firms in Cleveland. By the end of the decade, it had achieved a 90 percent market share. (MasterResource)

Rabid Right-Wing Loons Endorse Oil-Sands Pipeline From Canada

Rabid Right-Wing Loons Endorse Oil-Sands Pipeline From Canada
August 30, 2011 1:01 P.M.
By Greg Pollowitz

And by rabid right-wing loons, I mean President Obama’s team at the State Department. I’m linking on purpose from the website SustainableBusiness.com for added comic effect: (Planet Gore)

Energy supplies becoming more plentiful, making Moonbat fear for sanity

Search For UK Shale Gas Resources Begins
Wednesday, 31 August 2011 19:28 David Blair, Financial Times

“Acre for acre, I think the gas in place here is very comparable to – and in some cases exceeds – some of the good [resources] in the US,” Mark Miller, chief executive of Cuadrilla, said

A Lancashire cabbage field might appear an unlikely frontier in the quest for new energy reserves.

Yet 10,000ft beneath the mud and vegetables of this farm near Blackpool lies the Bowland shale rock formation, a subterranean seam holding enough natural gas to provide a significant boost to British energy supplies. (GWPF)

Moonbat: The UK’s lack of fracking regulation is insane

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German regulator discards nuclear as reserve power

German regulator discards nuclear as reserve power

Germany’s energy regulator on Wednesday dismissed the option of keeping spare nuclear capacity on standby should power systems be overstretched in the coming winter months.

“We’ve been spared the necessity to reactivate a nuclear power station,” the president of the federal network agency, Matthias Kurth, told reporters in Berlin.

The announcement ended speculation about whether parts of Germany’s nuclear capacity, about 8,800 MW of which was shut in the wake of the recent Japanese nuclear disaster, would be reopened if power were to run short in periods of high demand when renewable power output is low.

Kurth said that he had won assurances that hard-coal-fired plants could prepare to provide additional capacity in such instances. (Reuters)

Steven Goddard: Clean Energy In Alice’s Rabbit Hole

Clean Energy In Alice’s Rabbit Hole
Steven Goddard

Coal fired power plants in the US are very clean. This is one of the largest ones in New Mexico. The steam coming out of the stacks quickly dissipates, leaving bright blue southwestern skies behind.

Compare that to this environmental disaster in Scotland, which greenies call “clean energy.”

(Real Science)

Uneconomic green scam folds, what surprise

Solar company that Obama visited will shut down

Solar start-up Solyndra LLC, succumbing to pressure from lower-cost Chinese rivals, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee. (Reuters)

Green Nightmare: White House-Backed Solar Energy Company Collapses
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‘Clean’ solar dirties developing countries

Solar industry responsible for lead emissions in developing countries

Solar power is not all sunshine. It has a dark side—particularly in developing countries, according to a new study by a University of Tennessee, Knoxville, engineering professor.

A study by Chris Cherry, assistant professor in civil and environmental engineering, found that solar power heavily reliant on lead batteries has the potential to release more than 2.4 million tons of lead pollution in China and India.

Lead poisoning causes numerous adverse health effects, including damage to the central nervous system, the kidneys, the cardiovascular system, and the reproductive system. In children, blood lead concentration is associated with learning impairments, as well as hyperactive and violent behavior.

His study, co-authored with Perry Gottesfeld of Occupational Knowledge International (OK International), appears in the September issue of the journal Energy Policy. (EurekAlert)

Insight: Arctic has great riches, but greater challenges

Insight: Arctic has great riches, but greater challenges

At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals.

Commentators rarely mention nightmarish logistics, polar bears and steel-snapping cold when they confidently predict that as the Arctic warms up, melting sea ice and shorter winters will open up the expanse to exploration. (Reuters)

Ron Arnold: How Washington pays Big Green to sue the government

How Washington pays Big Green to sue the government
Ron Arnold

Two insistent senators have found that even the Government Accountability Office can’t get at all of the millions of federal tax dollars that Big Green lawyers are paid to sue the American government.

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Gosh Al, aren’t you keeping these guys to your standards from your position on the board?

Apple criticized for China supply chain pollution

Chinese environmental groups accused Apple Inc of turning a blind eye as its suppliers pollute the country, the latest criticism of the technology company’s environmental record. (Reuters)

Apple’s board of directors

Compounds sprayed into the environment can be detected in the environment (how do they do it?)

Of course, the fact that it can be so detected means exactly squat but should be good for some more research funding following appropriately breathless media releases.

U.S. researchers find Roundup chemical in water, air

Significant levels of the world’s most-used herbicide have been detected in air and water samples from two U.S. farm states, government scientists said on Wednesday, in groundbreaking research on the active ingredient in Monsanto Co’s Roundup. (Reuters)

An accountable UN? H.R. 2829 might help

An Accountable U.N. At Long Last?

Politics: The United Nations has long been a font of waste, corruption, fraud and anti-Americanism. Always in need of “reform,” it’s never happened. But a House bill may change that, and it can’t pass soon enough.

House Foreign Affairs Committee Chairwoman Ileana Ros-Lehtinen introduced a 153-page bill Tuesday to gradually defund the U.N. until it lives up to its goals and accounts for its actions.

Seems the fat checks coming in from U.S. taxpayers have given the U.N. the idea it can be as anti-American as its dollars allow, especially with the “leading from behind” crowd in the White House going along. Ros-Lehtinen’s proposal has teeth and deserves to be passed. (IBD)

Unusual to see the Nude Socialist admitting the problems of alarmist media, of which they are a prime example

Alarmist Media Coverage ‘May Be Harmful’
Wednesday, 31 August 2011 09:31 Andy Coghlan, New Scientist

Alarmist predictions that the long-term health effects of the Fukushima nuclear accident in Japan will be worse than those following Chernobyl in 1986 are likely to aggravate harmful psychological effects of the incident. That was the warning heard at an international conference on radiation research in Warsaw, Poland, this week.

One report, in UK newspaper The Independent, quoted a scientist who predicted more than a million would die, and that the prolonged release of radioactivity from Fukushima would make health effects worse than those from the sudden release experienced at the Chernobyl nuclear reactor in Ukraine.

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CO2 Science Volume 14 Number 35: 31 August 2011

Climate Change Reconsidered
The 2011 Interim Report of the Nongovernmental International Panel on Climate Change: We provide a link to this report as a courtesy and encourage all to download and read it. The 2011 Interim Report presents an overview of the research on climate change that has appeared since publication of Climate Change Reconsidered: The 2009 Report of the Nongovernmental International Panel on Climate Change. Research published before 2009 was included if it did not appear in the 2009 report or provides context for the new research. Nearly all of the research summarized here appeared in peer-reviewed science

Modeled Warming-Induced Changes in Oceanic DMS Production: What are they? … and what are their potential consequences?

Journal Reviews
Climate Change-Induced Storminess Over the Eastern Irish Sea: How great has it been over the past century or so?

Water Runoff from Europe’s Upper Rhine River Basin: How did it change in response to the Little Ice Age-to-Current Warm Period transition?

Responses of Black Grouse in the French Alps to Global Warming: How are they handling the challenging situation?

Ocean Acidification and Otolith Development in Clown Fish: How does the former affect the latter?

Ethanol Produced from Sugarcane: Is it really as good a fossil-fuel substitute as climate alarmists make it out to be?

Ocean Acidification Database
The latest addition of peer-reviewed data archived to our database of marine organism responses to atmospheric CO2 enrichment is Blue Mussel [Mytilus edilus]. To access the entire database, click here.

Plant Growth Database
Our latest results of plant growth responses to atmospheric CO2 enrichment obtained from experiments described in the peer-reviewed scientific literature are: Chinese Lyme-grass (Zhang et al., 2010) and Italian Ryegrass (Ghasemzadeh and Jaafar, 2011).

Medieval Warm Period Project
Was there a Medieval Warm Period? YES, according to data published by 1004 individual scientists from 574 research institutions in 43 different countries … and counting! This issue’s Medieval Warm Period Record comes from Pigmy Basin TEX86 Proxy, Northern Gulf of Mexico. To access the entire Medieval Warm Period Project’s database, click here.

World Temperatures Database
Back by popular demand and upgraded to allow patrons more choices to plot and view the data, we reintroduce the World Temperatures section of our website. Here, users may plot temperatures for the entire globe or regions of the globe. A newly added feature allows patrons the ability to plot up to six independent datasets on the same graph. Try it today. World Temperatures Database.

DOCSD sufferers claim Galactic Cosmic Rays can’t affect climate or cloudiness, meanwhile would be rainmakers seek to affect cloudiness by shooting atmosphere with lasers…

Watching A Green Fiction Unravel

Science: Experiments performed by a European nuclear research group indicate that the sun, not man, determines Earth’s temperature. Somewhere, Al Gore just shuddered as an unseasonably cool breeze blows by.

The results from an experiment to mimic Earth’s atmosphere by CERN, the European Organization for Nuclear Research, tell researchers that the sun has a significant effect on our planet’s temperature. Its magnetic field acts as a gateway for cosmic rays, which play a large role in cloud formation.

Consequently, when the sun’s magnetic field allows cosmic rays to seed cloud cover, temperatures are cooler. When it restricts cloud formation by deflecting cosmic rays away from Earth, temperatures go up.

Or, as the London Telegraph’s James Delingpole delicately put it:

“It’s the sun, stupid.” (IBD)

Firing laser beams into the sky could make it rain, say scientists
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