“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:
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“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.…
Continue ReadingEditor’s Note: Trump Administration beware! This two-part backgrounder warns DOE Secretary Chris Wright, Interior Secretary Doug Burgum, and EPA Administrator Lee Zeldin that their June 3, 2025, participation at Governor Mike Dunleavy’s fourth annual Sustainable Energy Conference is a set-up for Alaska’s Green New Deal. A course reversal for this state’s energy policy is in order.
Part II walks through my own testimony (Part I) against Alaska’s proposed Renewable Portfolio Standard; the hoops I had to jump through just to get my written remarks added to the public record; and the telling exchange I had with one of the main activists pushing this nonsense. Spoiler: there’s been no official response or acknowledgement to the damning context they asked for—just the usual dodge-and-disappear routine.
After checking the Alaska Legislature website under the bill documents, I discovered my testimony was not posted. …
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