“Robert Bradley, of the petro-funded and misleadingly named Institute for Energy Research (Ministry for Fossil Fuel Propaganda, perhaps, would be more precise), continues his lengthy crusade against clean energy with a tirade against subsidies in yesterday’s Washington Times.

Given that Mr. Bradley was director of public policy analysis for seven years at Enron, the natural gas giant that collapsed some years ago in a cloud of falsehoods and lawsuits, one might reasonably question whether his energy policy wisdom should guide the nation.”

– Tom Gray, American Wind Energy Association, “Bradley, IER Continue Long Crusade Against Clean Energy,’ Into the Wind: AWEA Blog, July 29, 2011.

How does one respond to such a statement as this? Mr. Gray may think he is an environmentalist and that windpower is an environmental blessing, but that does not make it so.…

ExxonMobil CEO mocks renewable energy in shareholder speech, the headline of Adam Lerner’s May 27th Politico article read. Lerner’s piece began:

How refreshing!…

More than a decade ago, I penned a 175-page overview/primer for the London-based Institute of Economic Affairs (IEA), titled Climate Alarmism Reconsidered. This work was the result of a decade of studying, writing, and debating about climate and energy policy at Enron Corp where I was a full-time employee (1985–2001).

As director of public policy analysis, I was the Enron’s representative to the President’s Council on Sustainable Development (a Clinton/Gore task force). I also was involved with the World Energy Council drafting of Living in One World: Sustainability from an Economic Perspective, published in 2001. My comments, however, were rejected by the rest of the task force with distain; how could I not be alarmed at rising CO2 emissions, they stated. One member actually threatened to resign if my comments were incorporated in the draft.

The above experiences, as well as much tutelage from noted climatologist Gerald North of Texas A&M (an experience I describe here), as well as my own research in the free-market literature, resulted in my IEA effort post-Enron.…

“While political capitalism as an economic system has barely been recognized, the building blocks that form a theoretical foundation for political capitalism are firmly in place and well-accepted. In political science and sociology, the ideas of elite domination and biased pluralism are mainstream concepts that are a fundamental part of political capitalism.”

Political capitalism is an economic and political system in which the economic and political elite cooperate for their mutual benefit. While the essential idea of political capitalism has a long history, it has not been recognized as a distinct economic system.

In part, this is due to the 20th-century vision of economic systems as capitalist, as socialist, or a mixed economy that contains elements of both capitalism and socialism. It has also been due to the frequent vision of government as an institution that acts in the public interest, corrects market failures, and controls the activities of business.…