“Big Oil” Wants a Carbon Tax on Motor Fuels: Back to 1919?

By Robert Bradley Jr. -- March 3, 2010

“Key senators are weighing a request from Big Oil to levy a carbon fee on the industry rather than wrap it into a sweeping cap-and-trade system that covers most of the U.S. economy.

If accepted, the approach — supported by ConocoPhillips, BP America and Exxon Mobil Corp. — could rearrange the politics of the Senate climate debate and potentially open up votes that may not be there otherwise.”

– Darren Samuelsohn, “Senate Trio Hopes to Hit Pay Dirt with Carbon Fee on Transportation Fuels,” Environment & Energy Daily, March 3, 2010, (subs. required)

History matters. And the record suggests that small, wedge taxes are a dangerous thing.

Consider one of the most interesting examples of political capitalism in the history of the U.S. oil and gas industry. The story concerns the first state motor fuel tax, passed in Oregon in 1919 at, you guessed it, $0.01 per gallon.…

Climate Politics: When Will the Sanctimony End?

By Marlo Lewis -- March 2, 2010

[Editor note: Mr. Lewis’s musical parody, “How I Was Not Al Gored Into Submission,” released three weeks ago, has exceeded 20,000 views on YouTube.]

“Polluter-funded” is the global warming movement’s favorite pejorative to discredit anyone who questions the reality of a climate crisis or opposes their policy nostrums. Google the term and you’ll find about 18,300 sites where it appears.

“Polluter-crafted” brings up about 7,500 sites. The warming lobby uses this buzzword to trash legislation they oppose, most recently Sen. Lisa Murkowski’s resolution of disapproval, pursuant to the Congressional Review Act (CRA), to stop EPA from dealing itself into a position to make climate policy – a power Congress never approved when it enacted the Clean Air Act.

Who are these “polluters” who craft and fund?…

Federal and New York Officials Reward Spain’s Iberdrola at the Expense of U.S. Taxpayers, Job Seekers, and Electric Customers

By Glenn Schleede -- March 1, 2010

Often it’s hard to tell whether highly questionable actions by federal and state government officials that reward special interests at the expense of U.S. taxpayers, job seekers, and electric customers are due to honest but misguided intentions, skullduggery, malfeasance, incompetence, or simple mistakes.

Consider, for example, the connections between:

Spain-based Iberdrola’s recent announcement that its net profit had doubled, and
Actions affecting Iberdrola during the last few months by members of the New York State Public Service Commission (NYS PSC), NY Senator Charles Schumer, US Energy Secretary Steven Chu, and US Treasury Secretary Timothy Geithner.

Please recognize that “connecting the dots” among the actions of these officials will require careful reading of the following four pages.

Iberdrola (Spain) announces doubled profit on February 24:

“MADRID (AFP) – Spain’s Iberdrola, the world’s biggest wind-power generator, said Wednesday its annual net profit in the fourth quarter more than doubled to 795.3 million euros (1.07 billion US dollars)

“But the company reported that for the full year 2009 net earnings weakened due to weakness in core markets, which was offset by higher renewable energy output and greater income from its US unit.