Thursday, November 12, 2015

BEHOLD BUREAUCRATIC MARVELS

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Behold the marvels of low carbon energy.

That's the last line in a Wall Street Journal Opinion piece today by Jacob R. Borden, "California Dreamin'--of Lower Prices at the Pump." A former principal engineer at BP Biofuels, Borden is now an assistant professor of chemical engineering at McNeese State University in Lake Charles, Louisiana.

The crux of Borden's article is the higher pump prices California drivers pay for a gallon of gas owing to the state's well-intentioned but stumbling, bumbling, crazy legislators , a wacky governor and an unelected regulatory body of climate change tyrants locally known as the California Air Resources Board. This is a group that, given its unelected status, is answerable to no one. And in case you don't recognize it, you'll find unanswerable to no one and paucity of common sense in the dictionary under synonyms.

Borden correctly writes: 
Californians will continue to pay a premium for energy. In 2006 gasoline in California was no more than four or five cents a gallon more expensive than the U.S. average. The margin widened to 30 cents a gallon in 2010, to 50 cents a gallon in 2013, to 75 cents a gallon today. Likewise, California's residential electricity rates have rocketed from 11th-most expensive in 2009 to fifth most expensive today.

Much of this premium we Californians are paying has to do with phony, ill-conceived carbon credits. Here's a link to Borden's entire piece.

wsj.com/articles/california-dreaminof-lower-prices-at-the-pump

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