Search Results for: "Enron Wind"
Relevance | DateObama Gives Oil and Gas a Cold Shoulder (Ducking Houston on his recent visit)
By Robert Bradley Jr. -- August 18, 2010 5 CommentsPresident Obama did not include Houston on his visit to Texas last week rallying his base and raising funds for Democrats for the November elections. The President was originally expected to be here but ended up in Austin and Dallas. Was this bypass a duck-out? After all, Congressman Kevin Brady (R. Tx.) pointedly invited the president to meet face-to-face with Houston energy workers on the other Gulf Crisis—the federal offshore drilling moratorium that threatens tens of thousands of jobs here and in much of the Gulf Coast region.
Sure, Obama’s Texas visit was not about helping Republican candidates or hosting a Tea Party event. But why couldn’t the president reserve an hour to talk to workers whose livelihoods depend on Houston’s largest industry – an industry that is being victimized by the President’s everyone-is-guilty drilling policy?…
Continue ReadingWho Was Ken Lay? (The Senate should know the industry father of U.S.-side cap-and-trade)
By Robert Bradley Jr. -- July 7, 2009 5 Comments“If there is one thing I have been impressed with over the last decades, it is that when the environmental community defines a number one priority, something happens. Not always something good—but something.”1
Dr. Kenneth L. Lay, Chairman, Enron Corporation, June 1997 (1)
Who was the late Ken Lay, the architect and chairman of Enron throughout its 16-year history? All parties to the current legislative debate on a CO2 cap-and-trade bill should know. After all, Lay’s tireless efforts to promote CO2 regulation and enact renewable energy quotas make him a father figure for HR 2354, the Waxman-Markey climate bill, what I have called the Enron Revitalization Act of 2009.
In his lifetime, Lay did not win CO2 regulation, but he got a very damaging renewable energy mandate passed in his home state of Texas.…
Continue ReadingA Texas-Sized Energy Problem: Republicans, Democrats, and ‘Baptists & Bootleggers’ Running Wild in the Lone Star State (Obama sends his thanks)
By Robert Bradley Jr. -- April 24, 2009 15 Comments“Texas is the nation’s leader in wind energy thanks to our long-term commitment to bolstering renewable energy sources and diversifying the state’s energy portfolio.”
– Rick Perry, Texas Governor
“Our representatives [in the Texas Legislature] now have less than six weeks to pass the best of nearly 100 bills that have been introduced on clean power and green jobs. These energy efficiency and renewable energy bills set the stage for rebuilding, repowering and renewing our state’s economy during tough times. They will build a sustainable future for Texas.”
As reported by Russell Gold in yesterday’s Wall Street Journal, Texas, which has the strictest renewable energy mandate in the country, is about to increase its quota for the third time. Now the wind capital of the U.S.,…
Continue ReadingExxonMobil’s Tillerson on Renewable Energy: Realism amid Politics
By Robert Bradley Jr. -- March 7, 2009 12 CommentsAs reported by Russell Gold at Environmental Capital, ExxonMobil CEO Rex Tillerson has made an incisive new argument against his company’s investing in government-dependent renewable energy.
“If I wanted to kill [tax subsidies], the thing to do is for Exxon Mobil to go and invest heavily in them and then Congress would immediately cancel the tax subsidy. Actually what they would do is they would just cancel it for us,” said Mr.Tillerson, during the annual analyst meeting at the New York Stock Exchange.
He added: “In reality, that is what I fear would happen. So we are not going to go into investments that are dependent on a government providing a tax system to make them viable.”
This is very interesting. Former ExxonMobil CEO Lee Raymond and now Tillerson have argued against investing in politically dependent renewables because they have been-there-done-that, with investor losses in the 1970s.…
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