A Free-Market Energy Blog


Posts from June 2010

Blowout Prevention Act–or Oil-Production Prevention Act?

By <a class="post-author" href="/about#mlewis">Marlo Lewis</a> -- June 30, 2010

Today, the House Energy and Commerce Subcommittee on Energy and Environment will hold a hearing on the Blowout Prevention Act of 2010. A draft of the legislation and other pertinent documents are available on the Subcommittee’s Web site.

Although the draft legislation and hearing documents address serious problems brought to light by the Committee’s ongoing investigations, the Blowout Prevention Act would throw the baby out with the bath water.

To restate the obvious, although oil spills are bad, oil is good. Without oil, there would be no modern commerce and no mechanized agriculture. Life for most people would be “nasty, brutish, and short,” and many of us would not even be alive. Another obvious point — British Petroleum (BP) is to blame for the worst environmental disaster in U.S.

BP’s ‘Beyond Petroleum': Climate Alarmism as the Great Environmental Distraction (Part II: Why the ‘greenwashing’?)

By Robert Bradley Jr. -- June 29, 2010

[Editor note: Part I in this series examined praise for BP and Enron from the Worldwatch Institute. Part III examines a Harvard Business Review article linking BP’s ‘beyond petroleum’ strategy to special government favor, including drilling on government domain.]

Consumer boycotts of Shell and pressure from Greenpeace … [and] speculation that Shell might shift its position on climate change led BP CEO John Browne to look more closely at climate change. He decided to set a new company policy that would set BP apart from the competition—the product differentiation strategy.

– Gary Gardner, “Accelerating the Shift to Sustainability.” In Worldwatch Institute, State of the World 2001 (New York: W. W. Norton, 2001), p. 101.

With great big blobs of oil washing up on the shore, it is almost comical—no, it is comical—to see some of BP’s erstwhile friends in academia and other centers of high-minded thought running for cover.

They Loved BP and Enron: Climate Alarmism as the Great Environmental Distraction (Part I: Worldwatch Institute quotations)

By Robert Bradley Jr. -- June 28, 2010

[Editor note: Part II in this three-part series delves into the reasons that BP tried to rebrand itself as “beyond petroleum.” Part III examines a Harvard Business Review article linking BP’s ‘beyond petroleum’ strategy to special government favor, including drilling on government domain.]

“A growing number of corporations are moving beyond denial to acceptance and action on climate change, some seeking competitive advantage by anticipating rather than responding to future policy changes.”

– Seth Dunn and Christopher Flavin, “Moving the Climate Change Agenda Forward.” In State of the World 2002 (New York: W. W. Norton, 2002), p. 25.

Just imagine if John Browne had used the time and resources BP spent on climate alarmism and ‘beyond petroleum’ on real safety and environmental issues.

BP might still have a capitalization of $150 billion and not face a potential worst-case scenario of bankruptcy and ruin.

Robert Bryce on Natural Gas Vehicles

By Robert Bryce -- June 26, 2010

Smart Meter Chaos: Maryland PSC Gets Real (consumerism, anyone?)

By Robert Bradley Jr. -- June 25, 2010

Wind Integration vs. Air Emission Reductions: A Primer for Policymakers

By Mary Hutzler -- June 24, 2010

Obama’s BP Time (“We’re from the government and here to help you”)

By <a class="post-author" href="/about#m_lynch">Michael Lynch</a> -- June 23, 2010

America’s Gift: High Technology and Lower Prices (peak gas not!)

By Donald Hertzmark -- June 22, 2010

Vegetative Response to Climate Change: Celebrate, Don’t Fret

By Chip Knappenberger -- June 21, 2010

John Browne’s 1997 Stanford University Speech: The “Beyond Petroleum” Beginning (and beginning of the end of BP?)

By Robert Bradley Jr. -- June 19, 2010