Search Results for: "Enron Wind"
Relevance | DateABC’s ‘Victory’ over FWS & Big Wind: Much More Must Be Done
By Jim Wiegand -- August 27, 2015 No Comments“For this case the Fish & Wildlife Service stated that the rapidly expanding wind industry will ‘not affect endangered or threatened species or designated critical habitat.’ This is a complete fabrication or is delusional at best.”
On August 11, 2015, a decision was handed down in a Federal Court setting aside the 30-year Fish & Wildlife Service (FWS) killing permits. The suit to stop these permits was filed on behalf of three parties all connected to the conservation group American Bird Conservancy (ABC). The defendants in this case were none other than the FWS and representatives of the wind industry.
In the aftermath of this decision ABC is claiming a major victory for our eagles. Though it is a comfort to know that the corrupt wind energy bullies had their 30 permits set aside, there is no comfort in knowing that this ruling will not stop the wind industry’s hidden slaughter of eagles.…
Continue ReadingExport-Import Bank Reauthorization: Remember Enron (Part II)
By Robert Bradley Jr. -- June 25, 2015 No Comments“America deserves an international trade policy that is based on free-market mechanisms, not paying foreign companies to buy exports from large corporations with political connections. We, the undersigned organizations, urge you to oppose reauthorizing the Export-Import Bank.”
– Christine Harbin Hanson (Americans for Prosperity), “Growing Coalition To Congress: End The Export-Import Bank,” April 21, 2015.
“Enron was a political colossus with a unique range of rent-seeking and subsidy-receiving operations. Ken Lay’s announced visions for the company—to become the world’s first natural-gas major, then the world’s leading energy company, and, finally, the world’s leading company—relied on more than free-market entrepreneurship. They were premised on employing political means to catch up with, and outdistance, far larger and more-established corporations.
… Continue Reading– Robert Bradley, “Enron: The Perils of Interventionism,” EconLib, September 3, 2012.
Ex-Im Bank Cronyism: Remember Enron’s Bad Investments
By Robert Bradley Jr. -- June 18, 2014 2 Comments“Enron was a political colossus with a unique range of rent-seeking and subsidy-receiving operations. Ken Lay’s announced visions for the company—to become the world’s first natural-gas major, then the world’s leading energy company, and, finally, the world’s leading company—relied on more than free-market entrepreneurship. They were premised on employing political means to catch up with, and outdistance, far larger and more-established corporations.
– R. Bradley, “Enron: The Perils of Interventionism,” EconLib, September 3, 2012.
A debate is currently playing out over the future of the Import-Export Bank, which comes up for Congressional reauthorization this September. In “End Corporate Welfare? Start With the Ex-Im Bank,” Tim Phillips, president of Americans for Prosperity, a free-market advocacy group, pin-pricked the notion that small business was the beneficiary of taxpayer-guaranteed loans.…
Continue ReadingWind’s PTC: The Opposition Mounts (117 groups and counting)
By Robert Bradley Jr. -- June 11, 2014 No Comments“The U.S. wind industry has … demonstrated reliability and performance levels that make them very competitive.”
– Statement of Michael L.S. Bergey, American Wind Energy Association, 1986.
“The wind PTC was initially passed in 1992 as a temporary incentive to help a then fledgling industry – with the expectation that wind energy would be environmentally benign and would become commercially viable. However, after nearly 40 years of subsidies for wind energy R&D and 20 years of lucrative wind energy tax breaks — together totaling over $100 billion.”
– Glenn Schleede, “Republicans for Obama Energy (Senate Finance Committee Okays PTC/ITC Subsidies),” April 16, 2014.
Concentrated benefits/diffused costs. The cronies, rent-seeking profits calculated, lobby government in the capitals. Most of the rest of us, just paying a fraction of a penny for their many dollars, stay home. …
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