Search Results for: "Ken Lay"
Relevance | DateRent Seeking Goes Viral (competing energies seek special favor)
By Robert Bradley Jr. -- March 31, 2020 1 Comment“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.…
Continue ReadingNew York’s Cuomo vs. the Grassroots on Wind & Solar
By Sherri Lange -- March 11, 2020 12 CommentsDeclaring war against natural gas is not enough. New York State has now extended the conflict to grassroots opposition to government-enabled wind and solar projects that cause demonstrable tort.
“We start with the most aggressive climate change program in the country because my friends, the clock is ticking, and it’s ticking faster and faster…. New York has to be the State that stands up and says once and for all, we have to do more and we have to do it faster….” (New York Gov. Cuomo, February 21, 2020)
Frustrated with the slow development of wind and solar projects in the state (grassroots opposition prevailed at Sommerset/Yates, for example), New York Governor Andrew Cuomo has proposed draconian measures to green-light controversial renewable-energy projects.
New York’s plan for net carbon free, 30% by 2030 and 100% by 2050, is impractical on infrastructure and economic grounds.…
Continue ReadingThe Green New Deal: The ‘Farting Cow’ Fiasco Turns One
By Robert Bradley Jr. -- March 5, 2020 9 Comments“The Green New Deal is a massive investment program, not an expenditure. The question isn’t how will we pay for it, but what is the cost of inaction, and what will we do with our new shared prosperity created by the investments in the Green New Deal.”
“The Green New Deal sets a goal to get to net-zero, rather than zero emissions, at the end of this 10-year plan because we aren’t sure that we will be able to fully get rid of, for example, emissions from farting cows or air travel before then.”
It was an embarrassment–and, to my knowledge, the most ill-conceived energy proposal in the history of the United States by a wing of a major political party since the oil-industry nationalization proposals of the shortage 1970s (yes, Bernie was part of that).…
Continue Reading“Execs’ Open Letter to 2020 Candidates Promotes Oil & Natural Gas”
By Robert Bradley Jr. -- February 26, 2020 5 Comments“Sen. Sanders calls us criminal and Vice President Biden says he would put us in jail, but it would be criminal not to produce the life-sustaining energy that enables a healthy, safe and modern lifestyle.”
– Kathleen Sgamma, Western Energy Alliance, February 24, 2020
The Western Energy Alliance just placed a full-page advertisement in the New York Times with Super Tuesday in mind in which 54 oil and gas executives challenged those calling their livelihood and industry criminal.
It is high time that the major integrated oil and gas companies, not just the independents, play offense rather than defense. Seize the moral high ground and do not appease the disgruntled, obstructionist critics (those with “termite aspirations”).
A half-century ago, Ayn Rand warned business leaders to lead, not capitulate. Remember Exxon’s great value-creator (1993–2005) Lee Raymond?…
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