“I have never known much good done by those who affected to trade
for the public good.” (Adam Smith, 1776)“‘I out-lawyered ExxonMobil’s high-priced, white-shoe law firm …’ said [Steve] Milloy. ‘My anti-greenwashing proposal asks the climate bedwetting, pro-CO2 tax oil giant to report to shareholders on the actual costs and benefits of its climate-related activities.’” (Steven Milloy, 2020)
In a March 31, 2020, press release, “Milloy Wins Right to Present Anti-Greenwashing Proposal at Exxon-Mobil Annual Meeting,” the Energy & Environmental Legal Institute (E&E Legal) announced the good news: ExxonMobil will need to explain its politically correct, economically incorrect position bashing its own core business. Yes, petro sales in the EU might need a little corporate greenwash, but really, who in the Left or the Right is being fooled?…
“The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else.”
“Legal plunder has two roots: one of them … is in human greed; the other is in misconceived philanthropy.”
“What is freedom? It is the sum total of freedoms. To be free, under one’s own responsibility, to think and act, to speak and write, to work and trade, to teach and learn, that alone is to be free.”
A major subject at MasterResource is cronyism in the wind-power, solar-power, ethanol, battery, carbon capture and storage, and electric-vehicle industries. To this end, timeless wisdom pertaining to special government favor to politically adept businesses, aka corporate welfare, is worth repeating.
With the current Pandemic, notice how not only the government-dependent wind and solar industries but also conventional energies are lined up trying to get their share of government largess.…
“We write on behalf of our millions of members, supporters and employees to ask that you prioritize enacting a robust package of critical clean energy tax incentives this year. These incentives create jobs, boost energy independence and cut greenhouse gas emissions that contribute to climate change.” (Renewable Energy Groups, February 27, 2020)
“The fuel security provided by coal reserves at power plants offers resiliency to a system that is bracing for uncertainty, and it is imperative to keep these plants online—whether through the use of the Defense Production Act or other means—in the interest of national security.” (National Mining Association, March 18, 2020)
When government favor is offered to some businesses or industries, expect other businesses or industries to ask for the same–or more. In the current Pandemic, competing energy trade associations predictably wrote letters to lawmakers and have lobbied hard behind the scenes to get special treatment.…