Search Results for: "exxon"
Relevance | DateEnron Romm: History Should Not Forget
By Robert Bradley Jr. -- December 19, 2011 11 CommentsIt is a common refrain in headlines at Joe Romm’s Climate Progress:
- “Koch-Fueled Americans for Prosperity Takes Credit for Bullying GOP Lawmakers Into Climate Denial” (Emilee Piece: December 8, 2011);
- “Koch-Fueled Denial Backfires: Independents, Other Republicans Split With Tea-Party Extremists on Global Warming” (Romm: December 2, 2012); and
- “Koch-Fueled Americans for Prosperity Spends $2.4 Million on Solyndra Attack Ad (VIDEO)” (Stephen Lacey: November 28, 2011).
Smearing and innuendo is hardly fair play. But in this case, Joe Romm has something embarrassing to hide. Just as Koch Industries might be his least favorite company, Enron was his darling company.
Specifically, Romm was not only a cheerleader of Enron (Enron is “a company I greatly respect,” Romm would say). He was also an unpaid consultant and collaborator with the infamously fraudulent division, Enron Energy Services (EES), purveyor of energy efficiency service in (gamed) long-term contracts.…
Continue ReadingDomestic Oil & Gas Production: America's Hadrian Wall
By Gary Hunt -- September 15, 2011 No CommentsHadrian, the third of the “five good emperors” of Rome, ruled from 117 to 138 in a time of consolidation of the Roman Empire. Best known for building Hadrian’s Wall, which marked the northern most reach of the Roman Empire, his policy focus was securing the Empire by leveraging its strengths rather than overextending its reach. Hadrian had a disciplined attention to detail and focused on the infrastructure needed not only to defend the Empire’s territory but leverage its resource potential and revenue growth.
Today’s economy is marked by uncertainty and volatility at home and abroad. This uncertainty is causing businesses to hoard cash—at last estimate about $1.4 trillion worth.
We have a huge federal deficit, a broken housing situation, and looming costs for unsustainable entitlement programs promised for generations by spend-now, pay-later politicians. …
Continue ReadingThe Shale Gas Hit Piece: The New York Times (minus public editor Brisbane) Doubles Down on a Bad Bet
By Chris Tucker -- July 20, 2011 8 CommentsWhen New York Magazine reported earlier this month that the national editor of the New York Times had sent an internal memo laying out a “surprisingly detailed” defense of reporter Ian Urbina’s latest front-page attack on natural gas, the hope was that the memo would spur an equally detailed response by Arthur Brisbane, the Times’ public editor.
That hope was realized when Mr. Brisbane’s 1,100-word piece was postedon the paper’s website over the weekend, a column in which Brisbane takes square aim at the Times for going “out on a limb” and “lack[ing] an in-depth dissenting view in the text” (see the Appendix below for more of his piece).
The Brisbane piece is remarkable for a number of reasons and on a number of levels, continuing the healthy scrutiny that spontaneously emerged from various respected experts over the past three weeks.…
Continue ReadingAppreciating the Master Resource (Part I: Energy Friends)
By Robert Bradley Jr. -- June 17, 2011 2 CommentsEnergy is ubiquitous to modern industrial life. It is the fourth factor of production in addition to the textbook triad of land, labor, and capital. Julian Simon coined the term master resource to describe the resource of resources, energy.
Energy as been recognized as a unique driver of economic activity and human betterment for almost two centuries–about as long as carbon-based energies came to be recognized as a sea change from the inherently dilute, unreliable renewable energies of before. The Industrial Revolution was enabled by coal, the energy required by the new machinery, as W. S. Jevons so brilliantly saw in his day.
The quotations below, some classic, resonate as well or better today than ever before. They are as ‘right” as the peak-oil quotations (compiled here and here) have been wrong.…
Continue Reading