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Posts Tagged ‘gas’

Inflammatory rhetoric from doomsday-sayers isn’t anything new; nevertheless this statement by climatologist James Hansen strikes me as extreme.

Special interests have blocked transition to our renewable energy future. Instead of moving heavily into renewable energies, fossil companies choose to spread doubt about global warming, as tobacco companies discredited the smoking-cancer link. Methods are sophisticated, including disguised funding to shape school textbook discussions.

CEOs of fossil energy companies know what they are doing and are aware of long-term consequences of continued business as usual. In my opinion, these CEOs should be tried for high crimes against humanity and nature. If their campaigns continue and “succeed” in confusing the public, I anticipate testifying against relevant CEOs in future public trials. 

Global warming is real; the science proves it. However, equating the actions of Oil company CEO’s (or tobacco CEO’s for that matter) with actual crimes against humanity displays an astonishing lack of understanding of the words involved and a terrible disregard for the freedoms we hold dear.

(Link via The Volokh Conspiracy)

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Ronald Bailey explains why a Windfall Profits Tax on oil companies, currently favoured by Obama, will end up driving prices higher.

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One of the rare economic issues in which I support Obama’s stance. A gas tax-holiday, at this stage, is little more than a populist gimmick. It is bad fiscal policy, bad energy policy, bad environmental policy and — as previous experience shows — will do little to provide consumer relief.

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