Search Results for: "Ken Lay"
Relevance | DateTomlinson on Texas Electricity: Houston Chronicle Editorialist in the Wrong Paradigm
By Robert Bradley Jr. -- May 25, 2023 2 Comments“The Houston Chronicle (Hearst) refuses to answer the simple question: Have environmental groups donated funds, directly or indirectly, for “environmental education” or “environmental reporting” (climate alarmism/forced energy transformation)? Color me suspicious….”
When it comes to energy, Chris Tomlinson is about as anti-consumer and anti-taxpayer as one can get. And he is about as pro-industrial wind and pro-grid solar as possible.
The business editorialist does not see Texas’s $65 billion investment in parasitic, dilute, intermittent energies as the villain in destabilizing a once reliable, secure electric grid. He wants 1) more wind and solar; 2) enormous grid batteries, as if they were off-the-shelf and cheap; and 3) Big Brother demand-management in the home and business.
Chris Tomlinson is a committed climate alarmist without a care to doubt himself. He is unable to be neutral in his business columns: to present the best arguments on each side and let you, the reader, decide.…
Continue ReadingElectricity Policy: An Exchange with Lynne Kiesling (more evasion, statism from a “classical liberal”)
By Robert Bradley Jr. -- May 11, 2023 13 Comments“… the economist is looking for the why-behind-the-why. And that is where negative pricing for wind and low margins in general from the regulatory setup ruined the economics of the [natural gas] industry, resulting in premature retirements, a lack of new capacity, and cost avoidance. Are you saying that there was a ‘market failure’ with natural gas in [the Texas blackout of February 2021]?” (Bradley to Kiesling, below)
She engages and then disappears. She is the “classical liberal” who refuses to question the climate alarm and favors the government-forced energy transformation to wind, solar, and batteries–and demand control from the political center. And she is all-in with the centrally planned wholesale power markets, better known as Independent System Operators and Regional Transmission Organizations (ISOs and RTOs).
She trumpeted the Texas ISO as the national model until it imploded in February 2021–and now blames natural gas, not wind and solar or central government planning.…
Continue ReadingChris Tomlinson: Muckraking on Texas Grid Unreliability
By Robert Bradley Jr. -- March 28, 2023 3 Comments“Fossil fuel-supporting Chicken Littles have done their best to spread fear of renewable energy, warning that relying on wind, solar and storage would lead to blackouts and economic devastation.” (Tomlinson, pre-Storm Uri)
“The Republicans’ goal [with new legislation] is to keep coal plants open and burn more natural gas … [and] wreck the climate….” (Tomlinson, today)
Chris Tomlinson rides again–bashing gas/coal-based grid reliability in favor of more wind, more solar, enormous battery reliance, and government demand-side management to ration demand to (wounded) supply.
The latest is his editorial in the Houston Chronicle last week, “Lawmakers to Send Electric Bill Much Higher” (March 22, 2023). Rather than admitting that the unreliables have wounded (and will further wound) the reliables because of government intervention and planning (see here, here, and here), he fusses at fossil fuels and muckrakes (hypocritically [1]) against the rich.…
Continue ReadingWoke SVB: Remembering Woke Enron
By Robert Bradley Jr. -- March 22, 2023 No CommentsThe demise of the “Climate Bank” SVB makes a look back at ‘Woke Enron’ timely. This post is an excerpt from Robert Bradley, Jr. Capitalism at Work: Business, Government, and Energy (2009), pp. 309–310.
In the fall of 2001, Ken Lay set the tone for what would be Enron’s last Environmental, Health, and Safety Management Conference:
We believe that incorporating environmental and social considerations into the way we manage risk, govern our projects, and develop products and services will help us maintain our competitive advantage. As we move forward, we will leverage our intellectual capital and innovative capabilities to promote sustainable business practices around the world.
At this meeting, Enron’s Corporate Social Responsibility (CSR) task force listed its “Accomplishments to Date,” which were:
- Secured board oversight of social/environmental performance
- Expressed support for Universal Declaration of Human Rights
- Completed corporate responsibility task force
- Developed and pilot-tested human rights audit
- Developed security and human rights guidelines
- Established formal partnerships with WBCSD [World Business Council on Sustainable Development], IBLF [International Business Leaders Forum], and CI [Conservation International]
- Identified language to strengthen code of ethics
- Providing project support—Calypso, Transredes, Dabhol and Cuiabá
- Responding to stakeholder concerns on an ongoing basis
The goals for 2002 included:
- Formally adopt CERES Principles
- Complete indigenous peoples’ policy
- Specify social/environmental expectations in formal relationships with vendors and contractors
- Review results of stakeholder survey and develop strategy to address outcome
- Create awareness of social/environmental trends among [Enron’s] origination and investment groups
- Add corporate responsibility performance attribute to PRC [Performance Review Committee] process
- Present task force recommendations to Dr.