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Greenwashing vs. Shareholder Wealth: E&E Legal Wants to Know!

By Robert Bradley Jr. -- April 9, 2020

“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?…

Business Cronyism as Plunder: Bastiat Revisited

By Robert Bradley Jr. -- April 1, 2020

“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.…

Rent Seeking Goes Viral (competing energies seek special favor)

By Robert Bradley Jr. -- March 31, 2020

“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.…

Fossil-fuel BP vs. Fossil Fuels (a contra-capitalist company at work)

By Robert Bradley Jr. -- March 30, 2020

Green New Deal 2: “A Green Stimulus to Rebuild Our Economy” (the intellectual virus continues)

By Robert Bradley Jr. -- March 26, 2020

The SPR: Consumer ‘Insurance’ or Producer Cronyism? (time to privatize)

By Robert Bradley Jr. -- March 25, 2020

“How Embarrassing. This Is a National Emergency” Wind and Solar try a 11th hour sneak

By Robert Bradley Jr. -- March 24, 2020

Obama’s Trumpian Oil Moment Eight Years Ago

By Robert Bradley Jr. -- March 20, 2020

McKibben goes McKibben on COVID-19 (Malthusians get ‘dizzy’ about the human scourge)

By Robert Bradley Jr. -- March 19, 2020

Normalizing Bill McKibben (New Yorker hands the pen to fringe deep ecologist)

By Robert Bradley Jr. -- March 18, 2020