Gosh, a rent-seeking subsidy farmer prefers the Obama Administration over having to actually produce anything and compete in the open market. Go figure… Continue reading
Tag Archives: rent seeking
Duke Energy CEO Picks Obama Over Romney on Energy
Posted in Battle of 2012, Capitalists v. capitalism, Crony capitalism
Tagged rent seeking, subsidy farming
Industry groups sell profit-making, not planet-saving, at GOP convention
The American Petroleum Institute is inescapable here, its name attached to briefings and concerts while its campaign logo adorns free sunglasses and sunscreen. But clean energy is not invisible to Republicans during their quadrennial celebration. Continue reading
Foreign energy firms pressured ministers to keep wind farm subsidies high
Ministers were “bounced” into retaining large subsidies for controversial on-shore wind farms by foreign-based energy companies who threatened to pull jobs and cash out of Britain. Continue reading
GHEI: Crop cronyism
Trillion-dollar farm bill is the latest example of what’s wrong with our economy Continue reading
Posted in Agriculture, Economics
Tagged biofuel mandates, ethanol mandates, really stupid idea, rent seeking
Sixteen House GOP Freshmen Forget Principles in Support of Wind Subsidies
Eighteen freshmen Members of the House of Representatives sent a letter last week to House Republican leaders urging them to “take up an extension of the Production Tax Credit (PTC) for wind energy as soon as possible.” Sixteen of the eighteen signers are Republicans. House Majority Whip Kevin McCarthy (R-Calif.) also recently announced his support for extending the wind PTC, which is set to expire at the end of the year. Continue reading
Stirling Burnett: Energy Loserville: U.S. DOE Picks in an Artificial Industry
“When government undertakes tasks for which it is ill equipped it squanders the authority necessary for carrying out its core responsibilities. Pervasive rent-seeking, bad for our economy and worse for our republic, should be discouraged instead of rewarded. If government becomes integral to securing every advantage and assuaging every grievance, then governance becomes impossible.” – Richard Voegeli, “Reclaiming Democratic Capitalism,” Claremont Review of Books, Spring 2012, p. 46. Continue reading
