Apparently still longing for cap-and-trade, General Electric CEO Jeff Immelt tells Charlie Rose, “… The one thing that actually works, state run communism a bit -– may not be your cup of tea, but their government works.” [Weekly Standard]
Category: Business & Capitalism
Chevron Aims at an Activist Shareholder
Chevron goes after a poseur-shareholder as part of a Racketeer Influenced and Corrupt Organizations lawsuit the company filed against an army of parties involved in bringing an environmental case against Chevron in Ecuador almost two decades ago. [New York Times]
Exxon for carbon tax with conditions
“A carbon tax should be made revenue neutral via tax offsets in other areas.” [Bloomberg]
Daimler-Benz enters car rental biz: Owning a car not a good thing?
“Any service that competes with owning a car is a good thing.” Continue reading Daimler-Benz enters car rental biz: Owning a car not a good thing?
Junkman's Wall Street Journal letter: 'The Corporate Disclosure Assault'
In response to a recent Wall Street Journal editorial about the radical left’s effort to impose disclosure requirements on corporate political contributions, the Junkman writes in the WSJ: Continue reading Junkman's Wall Street Journal letter: 'The Corporate Disclosure Assault'
Wal-Mart willing to lose sales over global warming
What business wants an extra 100,000 pesky customers tromping through its stores on a daily basis? Continue reading Wal-Mart willing to lose sales over global warming
GE ventures back into climate alarmism?
If green is so good for GE, how come its stock has performed so terribly for 10+ years? Continue reading GE ventures back into climate alarmism?
NYTimes energy conference more about enviros
Check out the marquis speakers at the New York Times‘ Energy for Tomorrow Conference. Continue reading NYTimes energy conference more about enviros
Al Gore takes aim at ‘unsustainable’ capitalism
The formula for economic growth is the Founder’s “limited government,” not Al Gore’s “sustainable capitalism.” Continue reading Al Gore takes aim at ‘unsustainable’ capitalism
Voluntary Carbon Disclosure Produces Positive Returns for Shareholders
EPA to promote Universal Pictures ‘The Lorax’
More Obama crony capitalism. Continue reading EPA to promote Universal Pictures ‘The Lorax’
PJ Tattler — Sierra Club and Chesapeake Energy: Long Live Enron!
“Maybe Sierra only recently learned about business from their green brethren. Still, there we have it. Enron is dead. Long live Enron.” Continue reading PJ Tattler — Sierra Club and Chesapeake Energy: Long Live Enron!