Carbon Management Demotion (“Big Oil’s” failed political bet)

By Robert Bradley Jr. -- June 2, 2025

“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.

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Joe Romm’s Repeated Deceit On Enron

By Robert Bradley Jr. -- May 30, 2025

“The consolation prize for a lot of us is that Joe Romm is so extreme and unprofessional that his cause of “Hell and High Water” suffers. Climate change is exaggerated and nefarious, just like Joe Romm himself.

MasterResource has followed the mercurial climate alarmist/activist Joe Romm since its beginning (2007). Back in the late 1990s, I sparred with Romm while I was at Enron, (“a company I greatly respect,” said he) regarding what turned out to be its most deceitful business, one promising free-lunch energy efficiency. Enron Energy Services (EES) and Romm’s Center for Energy and Climate Solutions (CECS) both bit the dust. For-profit or non-profit, the “energy service company” (ESCO) was a mirage.

Romm has referred to me as a “sociopath” in a private email.…

Memorial Day Weekend! (Motoring to summer ’25)

By Robert Bradley Jr. -- May 23, 2025

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?…