“Let the lesson be clear. Avoid political bribes intended to get a company to do what consumers do not want done. Respect taxpayer neutrality. Value economic freedom. Pursue good profit, not bad.”

Political capitalism is risky business. And Big Oil, as renewable companies (PPL Corp., Ørsted), is paying the price. Eating at the table of the Climate Industrial Complex, rather than proudly concentrating on its core business of serving consumer demand, has resulted in many federal loan cancellations. Think Exxon Mobil.

Turning to Big Gas, two Calpine grants for carbon capture and storage took a hit: 550-MW gas-fired Sutter power plant in Yuba City, California and 810-MW Baytown power plant in Baytown, Texas.

As reported in a press release last week from the U.S. Department of Energy:

U.S.

Get happy. Summer beckons. Not only hike and bike but drive to a better environment–your self-selected one. And once there, grill, baby, grill.

The automobile is environmentalism-on-wheels. The open road is freedom to escape the concrete for the great beyond. Mountains, rivers, hills, forests, even beautiful green golf courses–it is all a drive away. 

The old Marathon ads said it best …a full tank of freedom. And Shell: “Let’s Go!” And Exxon: “Happy Motoring!”

Don’t worry about the anti-travel crowd who fret about emissions of the trace greening gas, carbon dioxide. Forget the spin and go for a spin!

Each year, MasterResource celebrates the beginning of the peak-driving season knowing that our free-market philosophy is about energy abundance and affordability and reliability. There is so little to apologize for. When is the last time you got a bad tank of gasoline or diesel, anyway?…

“On the 15th anniversary of the BP blowout, the real takeaway is that oil companies that think they are ‘beyond petroleum’ are value destroyers for shareholders and for the environment.”

Every April commemorates BP’s Deepwater Horizon oil spill (April 2010). To the anti-energy Left, Deepwater Horizon is the epitome of oil-gone-bad, coming some 21 years after the Exxon Valdez oil spill. It was not supposed to happen again, but ….

The sad facts of Deepwater Horizon will forever remain; the multiple failures behind the seafloor accident meticulously documented. But a paradox remains. Mighty BP, captained by John Browne, the leading “environmentalist” of the petroleum industry, created a corporate culture that resulted in lax safety and environmental protocols. By saving about $5 million out of $100+ million in drilling costs, the company ended up paying out in excess of $60 billion.…

“Tomlinson is angry and sarcastic. His worldview is losing intellectually, politically, and business-wise. Is it time for him to retire and happily live off his spouse’s (ill-gotten) renewable energy riches?”

The “existential crisis” climate narrative is in meltdown. Houston solar leader John Berger has resigned, his 12-year-old company (Sunnova) positioned for bankruptcy. Other solar and wind stocks are tanking, and offshore wind is out of play. Battery and EV firms are regular restructuring news.

Climate activists find themselves out of taxpayer monies. The U.S. Department of Energy, Department of Interior, and Environmental Protection Agency are implementing President Trump’s “none-of-government” climate policy, reversing Podesta-Biden-Harris climate alarmism and the budget-busting Inflation Reduction Act.

But there is one fossil-fuel-despising business editorialist who is wed to the Climate Industrial Complex, not to mention a multi-millionaire renewables executive (thanks to your tax money).…