“It’s the weakest text I have ever seen. It’s a travesty of the process and commitments. It can be summed up in two words: We’ll talk.”

– Farukh Khan, Pakistan lead negotiator, quoted in Lisa Friedman, “After A Bruising Parley, Climate Conference Veers Toward a Successor to Kyoto Pact.” E&E Climate News, December 19, 2012.

“The total efforts of the last 20 years of climate policy has likely reduced global emissions by less than 1 percent, or about 250 million metric tons of carbon dioxide per year.”

– Bjorn Lomborg, “Climate Course Correction.” Foreign Policy, October 2012.

Notable voices with the conviction to speak truth to power predicted the futility of the global global-warming agreement of 1997, better known as the Kyoto Protocol. Of course, the rent-seekers applauded the prospect of new competitive space–such as Enron with its seven profit-centers.…

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. …

“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).…

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.…