A Free-Market Energy Blog


Posts from December 0

Carbon Capture Coalition: Naked Cronyism

By Robert Bradley Jr. -- July 16, 2018

“The ‘vast majority’ of CO2 pipelines carry carbon dioxide for enhanced oil recovery, according to US Department of Energy…. But this free-market niche is a now being joined [via the Carbon Capture Coalition] by a wholly new application for CO2 that is all about government mandates and subsidies.”

“As Wendall Phillips warned in 1852, ‘Eternal vigilance is the price of liberty. Power is ever stealing from the many to the few’.”

Government goes to those who show up. This aphorism explains the growth of government: those particularly advantaged by special government favor organize and lobby while the rest of us tend to our private business.

Such cronyism marks real-world government versus the romantic view wherein impartial legislators above the special-interest fray wisely block the entreaties of those who would injure the common interest of taxpayers and consumers.