Posts tagged “Chuck Schumer”
If you were to survey people and ask the question “Should we subsidize oil companies?” — the overwhelming majority would undoubtedly respond “No!” The notion that we are subsidizing oil companies generates outrage in many people, but in this article I will show why these subsidies aren’t going to go away any time soon. The reason may surprise you.
I decided to write this article following a a recent discussion in a CleanTech discussion group on the social networking site LinkedIn. The person who started the discussion asked the question “Why is it so Hard to Kill Fossil-Fuel Subsidies?” The discussion was prompted by a recent article by environmental activist and author Bill McKibben called Payola for the Most Profitable Corporations in History. In the article McKibben proposes “five rules of the road that should be applied to the fossil-fuel industry.” But McKibben himself demonstrated in his article that he doesn’t really understand the nature of these subsidies — and this sort of misunderstanding largely explains why so many people are outraged that they persist.
Senate Committee barks at wind turbine developers in the private sector for taking Federal grants and outsourcing labor to China.
I must say that I find it amazing that the same people can argue 1). We are too dependent upon fossil fuels; 2). We must find alternatives; 3). Carbon emissions are too high; 4). We need to promote higher fuel efficiency — and then 5). We must tap the Strategic Petroleum Reserve (SPR) to bring oil prices down so people can afford to consume more. This is utter rubbish, and I have addressed this once before (including the observation that nobody seemed to fact-check the claims that the SPR was being filled at a rate of 70,000 bbl/day). Again, what is the purpose of the SPR? In the event of an energy emergency, SPR oil would be distributed by competitive… Continue»
I have long maintained that the root of our energy problems in the U.S. stems from our failure to enact a consistent, long-term energy policy. Big energy projects generally take years to complete, and when there is an extra risk that the government will change the rules halfway through the project, companies are going to take a very cautious approach. So, we end up with less energy than we might have if there was more consistency. For the first time, it seems that the public overwhelmingly thinks so as well: Drivers blame D.C. for high gas prices According to a Consumer Reports Auto Pulse Survey released Thursday, 77% of consumers said the root of high gas prices lies with the… Continue»
I have never cared for Chuck Schumer. In my opinion he is a classic example of a demagogue. He tells half-truths, or sometimes untruths, in order to push his agenda. And he did so again yesterday with a letter to the Washington Post. In response to an editorial by Robert J. Samuelson – “A Full Tank of Hypocrisy” – Senator Schumer responded in his standard style by omitting key facts and providing misleading information. Here are some excerpts from the Samuelson editorial, followed by Senator Schumer’s response and my comments: It’s one of those delicious moments when Washington’s hypocrisy is on full and unembarrassed display. On the one hand, some of America’s leading politicians condemn high gasoline prices and contend… Continue»