Today’s Houston Chronicle has two takes on the recent decision by hometown Dynegy to pull back from participating in the construction of new coal plants and concentrate on expanding capacity at its existing plants.…

My recent editorial in Investor’s Business Daily, “What Happened to Business Prudence?”, offers examples of politically correct and politically derived business practices in order to show how such “profit” opportunities can be bad for both shareholders and the broader economy.…

Several MasterResource posts on the problems of the original Pickens Plan, and the retreat to Pickens Plan II, are worth revisiting as T. Boone continues his multi-million-dollar quest for a government-engineered energy makeover.

Pickens, like Al Gore, does not want to debate his plan–he just wants to implement it with edicts. But fundamental problems remain with Pickens I and the scaled-back Pickens II. Here is a one-two-three punch by critics:…

“With overwhelming scientific evidence that the threat of global climate change is real and accelerating, it’s imperative that the United States, the second-biggest producer of carbon dioxide, take a leading role in crafting solutions. [Waxman-Markey] offers an opportunity to begin exercising that leadership.”

The Houston Chronicle editorial page is one of the most biased in the nation when it comes to climate alarmism and associated public-policy activism. And it maintained that unenviable reputation with last Sunday’s op-ed, Cap-and-Trade-Off.

The 559-word piece is disappointing both for what it did say and for what was left unsaid.

First, some facts in the piece were out of date. (Okay, someone clocked out early for the long weekend; me too.)  The bill was not under debate as stated in the first sentence; it was voted out of committee.…