“Oh how David Koch wishes he could have donated more to the arts and medical science and less to political causes. In this regard, when will the Left demand that private foundations stop propping up climate alarmism and redirect their donations to, say, pediatric research?”
In “David Koch Steps Down from Business and Conservative Political Group,” New York Times writer Jeremy Peters misses a very important common denominator in the business and political philsophy of David Koch and Charles Koch. This error is common and cannot be corrected enough.
Below, I comment on three quotations from Mr, Peters’s article.
“Using their powerful political group, Americans for Prosperity, they ramped up their political giving during the presidency of Barack Obama, whom Charles and David saw as seriously misguided and driven by a socialistic agenda that threatened the free-market, libertarian philosophy they espoused.…
An article in today’s Houston Chronicle, “Debate Flares over How to Cut Greenhouse Gas Emissions,” compares the relative merits of a carbon tax and cap-and-trade. We will be hearing a lot about these two approaches in the weeks and months ahead.
But the Chronicle article did not consider the other major alternative: neither a tax nor a cap-and-trade program.…
Last week I blogged about the news accounts of ExxonMobil’s coming out in favor of a carbon tax. I was too hasty. I should have read Rex Tillerson’s speech first–and very carefully. Mr. Tillerson did not call for a carbon tax as reported in the Wall Street Journal. Deep in his speech, Tillerson argued that carbon taxation is better than cap-and-trade as a regulatory program.…