“The politicization of energy policy yields little benefit to the environment or the rate payers. but it sure is good for corporate balance sheets.” (Martis, below)
Kevon Martis, a leading foe of uneconomic electricity and energy sprawl (see the appendix below), reported on social media yesterday:
… Continue ReadingRenewable energy developers and their paid henchmen like Peter Sinclair continue to lie about me.
I am not a lobbyist. Period. I am not for hire by any energy interest. I cherish my freedom of conscience and will not become a salesman for anyone.
All generation has virtues and vices. My sin is that I think energy policy should be established by a rational discussion of those virtues and vices and by a market that values those as well.
For the rent seekers, that is heresy and I must be destroyed.
“’Why would President Biden want to increase the misery of people already trying to keep up with the inflation he caused? It’s absurd that he wants to increase their misery by reducing the flow of oil into the Great Lakes region at the onset of winter,’ said Project 21 member Emery McClendon.”
Energy affordability, accessibility, and reliability is color-blind and income-sensitive. Wealthy persons can pay for home generators and drive or fly away from trouble. Poorer people are stuck in their circumstances. For the latter, energy-price setbacks mean budget cuts elsewhere.
This was the basic theme of a November 2021 press release by Project 21, “Biden Betrays ‘Environmental Justice’ Claims By Risking Energy Poverty” concerning the Biden Administration’s potential closure of Line 5, a dual Wisconsin-to-Canada-to-Michigan pipeline currently in operation.…
Continue ReadingBusiness as a force for government intervention into the economy is evident with one of the major global economic issues of recent times, climate change. Wind companies, solar companies, energy-efficiency companies, carbon capture and storage investors, etc. Their bread is buttered by special government favor, whether a direct payment from the public treasury or a tax credit or a regulatory preference.
Rent-seeking by business is a contra-capitalist practice, long exposed and criticized by free market economists and classical liberals. But there are two other related practices that classical liberalism has long warned against and censored.
One concerns strategic deceit by a business to outside parties, whether stock analysts or direct investors. In the spirit of Ayn Rand, this can be called philosophic fraud. This syndrome is present with companies that are overhyped and desperately trying to keep the music going.…
Continue Reading