"THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!" (Enron's Kyoto memo turns 15)

By Robert Bradley Jr. -- December 24, 2012 4 Comments

Last week, a Hall of Shame cronyism memo turned 15 years old. Dated December 12, 1997, it was written from Kyoto, Japan, in the afterglow of the Kyoto Protocol agreement by Enron lobbyist John Palmisano.

Global green planners such as Palmisano were euphoric that, somehow, someway, the world had embarked on an irreversible course of climate control (and thus industrial and land-use control). His memo reflects the train-just-left-the-station mentality, as well as the specific benefits for first-mover ‘green’ Enron. Enron, in fact, had no less than six profit centers tied to pricing carbon dioxide (CO2), and seven if CO2 were capped and traded.) The story of Enron as the darling company of Left environmentalists has been well told elsewhere.)

The Washington Post broke the memo soon after Enron’s demise, showing how Enron was hardly a free-market, capitalistic company. 

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California Cap-and-Trade Cronyism: James Hansen Weighs In

By Robert Bradley Jr. -- December 21, 2012 5 Comments

“You don’t want [California’s] system with caps, where you have trading, you have derivatives, you have markets that then collapse and don’t actually reduce emissions much. That’s been tried in Europe, and it didn’t do much.”

– James Hansen, quoted in David Baker, “James Hansen Blasts Cap-and-Trade,” San Francisco Chronicle, December 5, 2012.

“Cap-and-trade’s complexity provides a breeding ground for special interests…. Why do those special interests deserve it anyhow?”

– James Hansen, “The People vs. Cap-and-Tax,” New York City, January 12, 2010.

NASA climate scientist James Hansen has long attracted criticism as the progenitor of modern climate alarmism. In recent years, Hansen has been prone to hyperbolic statements against fossil fuels, ignoring the moral imperative for abundant, affordable, and reliable mass energies (called progressive energy by Alex Epstein).…

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Robber Barony: Obama Energy Policy By Another Name

By -- December 20, 2012 4 Comments

Milton Friedman famously remarked: “Concentrated power is not rendered harmless by the good intentions of those who create it.” But how can good intentions be squared with an Administration that plunders our taxes, energy resources, and the overall economy to satisfy select businesses (wind, solar, ethanol, battery) and an anti-industrial elite? They win, while we the 98 percent lose.

It is time for more Americans to learn about the real energy boom that the Obama Administration is trying to keep under wraps in major and countless minor ways. From this basis, baronyism and cronyism can be exposed and then expunged.

Our North American Energy Boom

An oil and natural gas boom is underway in the United States, born of horizontal drilling and hydraulic fracturing, or “fracing.” It has created tens of thousands of well-paying jobs directly, and hundreds of thousands more in hundreds of businesses that supply and support the industry and its workers.

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Environmentalists vs. Biomass (PTC Expiration Carveout Urged)

By Robert Bradley Jr. -- December 19, 2012 1 Comment

“Although we strongly support policy efforts to reduce greenhouse gas emissions and health-damaging air pollution from fossil fuels, we are concerned that the PTC includes support for biomass combustion technologies that both contribute to climate disruption and threaten public health.”

– Letter of December 11, 2012, to Senate and House Leaders from 40 environmental-related organizations (reprinted below)

Biomass energy has been called the air emission renewable. Technical studies have concluded that energy made from plants and woody matter can require so much (fossil) energy and stir up release of carbon dioxide as to negate CO2 reduction.

This problem has been long recognized in the environmental community. “Although biomass is a renewable resource, much of it is currently used in ways that are neither renewable nor sustainable,” stated Chris Flavin and Nicholas Lenssen in 1994.

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POWER's Peltier: Show Your CO2 Hand or Fold, Windpower

By Robert Bradley Jr. -- December 18, 2012 19 Comments Continue Reading

AWEA: Stuck on Stupid (Bode bails wealth-destroying, rent-seeking racket)

By -- December 17, 2012 18 Comments Continue Reading

Car Homogenization: What Have Regulations Wrought?

By Jeffrey Tucker -- December 14, 2012 10 Comments Continue Reading

Wind Benefit Inflation: JEDI (NREL) Model Needs Reality Check

By -- December 12, 2012 3 Comments Continue Reading

New York State Windpower: Enough Business/Government Cronyism

By Mary Kay Barton -- December 10, 2012 5 Comments Continue Reading

Defeating Big-Government Renewables in Michigan (Prop. 3's "suicide by gluttony")

By Kevon Martis -- December 6, 2012 5 Comments Continue Reading