Search Results for: "Enron Wind"
Relevance | DateThe Beginning of the End for Cap-and-Trade? (BP America, Conoco-Phillips, and Caterpillar bolt) (UPDATED)
By Kenneth P. Green -- February 17, 2010 4 CommentsWith little fanfare, an earthquake has rippled through the United States Climate Action Partnership (USCAP). Three significant members, two of them being integrated oil majors, are no longer planning the cap-and-trade (aka, cap-and-tax) game. And if energy affordability and reliability is a metric, expect more companies to bolt. Social corporate responsibility, anyone? After all, there is no climate gain from a unilateral U.S. cap by the alarmists’ own math.
Here is the background. According to its website, USCAP is “a group of businesses and leading environmental organizations that have come together to call on the federal government to quickly enact strong national legislation to require significant reductions of greenhouse gas emissions.” Others of a less charitable bent would characterize them as central headquarters of the U.S. Climate-Industrial Complex, a group of corporate rent-seekers (the bootleggers), made whole by the environmental scaremongers (the Baptists) hell-bent on slapping the United States into a carbon rationing scheme.…
Continue ReadingThe Left Can Also Disown Cap-and-Trade (change a few words from Bob Herbert’s rejection of government health care and there you have it!)
By Robert Bradley Jr. -- February 3, 2010 6 CommentsPosts at MasterResource have highlighted the Left’s growing Civil War on climate policy. James Hansen, in particular, has called for the rejection of (Enronesque) cap-and-trade, as well as for the failure of the Copenhagen approach to climate policy.
More recently, the Hard Left (Bill McKibben, John Passacantando, etc.) has heated-up over Joseph Romm’s dismissal of cap-and-dividend as “cap-and-divide.” Here’s the comment of longtime Greenpeace head Passacantando on Romm’s post:
Joe, as a longtime reader of your blog I find your hostility towards an innovative approach perplexing …. I don’t think a legislative alternative to what appears to be a dead approach … is in any way divisive. Cap and dividend (the CLEAR Act) is a smart policy alternative, a real Plan B, filling in the current vacuum.
Romm would have none of it (remember, he works for the ObamaTank, a.k.a…
Continue ReadingBootleggers and Baptists Tackle (Carbon) Prohibition
By Jerry Taylor -- January 23, 2010 16 CommentsEditor note: This post from one year ago is reprinted for its continuing relevance to the climate-change debate. The “bootleggers” are hard at work in the post-Enron era with nearly 150 companies, lead by Exelon Corp., Entergy Corp., and Constellation Energy Group Inc., buying 30-second television spots running from today through President Obama’s State of the Union address on Wednesday.
The climate-change public policy debate might be thought of as a straightforward morality play. In one corner, we have the good guys laboring mightily against all odds to save the planet from rampant consumerism, human short-sightedness, and corporate greed. In the other corner, we have the bad guys, laboring mightily to preserve their profits by stoking materialism, economic selfishness, and fear of big government. Behind the curtains of this morality play, however, is a fascinating dance between the “good guys” (the Baptists) and “bad guys” (the bootleggers) to pass some form of mutually beneficial prohibition.…
Continue Reading‘The People vs. Cap-and-Tax’: James Hansen and the Left’s Civil War on Climate Policy
By Robert Bradley Jr. -- January 17, 2010 7 Comments“Washington appears intent on choosing a [cap-and-trade] path defined by corporate greed. Unless the public gets engaged, the present Administration may jam down the public’s throat just such an approach, which, it can be shown, is not a solution at all.”
“Cap-and-trade’s complexity provides a breeding ground for special interests…. [T]ry reading the Waxman-Markey 2,000-page bill to figure out who would get the money! Why do those special interests deserve it anyhow?”
– James Hansen, “The People vs. Cap-and-Tax,” paper delivered to the Chairperson of the Carbon Trading Summit, New York City, January 12, 2010.
James Hansen is losing patience. He is upset at the Obama Administration and its advisors, such as John Holdren (read his futile letters). Hansen is mad at the New York Times; after all, he got suckered by their editors and by Paul Krugman regarding his pre-Copenhagen opinion-page editorial.…
Continue Reading