Contra-Capitalism: A Business Syndrome

By Robert Bradley Jr. -- January 8, 2022 No Comments

Business as a force for government intervention into the economy is evident with one of the major global economic issues of recent times, climate change. Wind companies, solar companies, energy-efficiency companies, carbon capture and storage investors, etc. Their bread is buttered by special government favor, whether a direct payment from the public treasury or a tax credit or a regulatory preference.

Rent-seeking by business is a contra-capitalist practice, long exposed and criticized by free market economists and classical liberals. But there are two other related practices that classical liberalism has long warned against and censored.

One concerns strategic deceit by a business to outside parties, whether stock analysts or direct investors. In the spirit of Ayn Rand, this can be called philosophic fraud. This syndrome is present with companies that are overhyped and desperately trying to keep the music going.…

Energy and Environmental Review: January 3, 2022

By John Droz, Jr. -- January 3, 2022 No Comments

Ed. note: This fortnightly Master Resource post excerpts energy and climate material from the Media Balance Newsletter, published every other week by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete MBN for this post can be found here.

Of special interest in this issue is Vijay Jayaraj’s report on Asia’s exciting nuclear-energy future, here.

Greed Energy Economics:
Green energy firms the biggest corporate welfare recipients ever
Thank you Senator Manchin — as he Says No on Build Back Better Green New Deal
Here’s how much energy prices rose in 2021
Europeans Face a $395 Billion Hike in Energy Bills Next Year
NYS Playing a Climate Shell Game with NY Ratepayers

Wind Energy — Offshore:
Texas Public Policy Foundation brings fishermen’s lawsuit against Vineyard Wind
Vineyard Wind Harpooned By New Federal Lawsuit
Offshore wind developer tries to calm worries
Oswego County Legislature (NY) formally opposes wind turbines in Lake Ontario

Wind Energy — Other:
Which Country Or U.S.…

“The Top 10 Under-reported Climate Flops of 2021” (Steve Milloy ready for 2022!)

By Robert Bradley Jr. -- December 28, 2021 3 Comments

Ed note: In a very unfair fight against Government, anti-industrial environmentalists, Left foundations, and woke corporations, CO2/climate optimists have individuals that punch above their weight. One is Steve Milloy, founder and proprietor of JunkScience. His recent year-end review is reprinted below.

The year 2021 may go down in history as the year that foretold the end of the climate idiocy movement — although the movement is unlikely to take the hint. This year witnessed the follies, failures and lies of climate idiocy laid bare for all to see — that is, if the media had actually reported them.

So here are the 10 biggest failures of the climate movement in 2021. The only reason the climate movement survives past these flops is because the mainstream media keeps it afloat by failing to honestly report the news.…

Happy Holidays from MasterResource

By Robert Bradley Jr. -- December 23, 2021 No Comments

“America the Beautiful is at her best in December when billions of tiny stringed light bulbs turn the mundane or darkness itself into magnificent beauty and celebration. Holiday lighting is a great social offering—a positive externality in the jargon of economics—given by many to all.”

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The editors and bloggers at MasterResource wish our readers an energetic holiday season. We will resume January 3, 2022.