PJ Media has a strong essay introducing us to Hillary Clinton’s energy plan.
PJM provides this caveat:
According to this anonymous writer who has worked for a decade on energy and environment policy on a national and international level, Senator Clinton’s plan for energy independence means that you will “have less, make less, and do less.” Here’s how it came to be and who’s behind it.
Given that, Anonymous nonetheless has some worrying things to say about H. Rodham C. Especially since some of her purported proposals are outrageously unconstitutional: [my emphases below]
Last week ExxonMobil posted record-breaking profits. This news provoked an immediate reaction from Senator Hillary Clinton at the Democratic National Committee in Baltimore on Friday. “I want to take those profits,” Clinton said, “and put them into an alternative energy fund that will begin to fund alternative smart energy alternatives that will actually begin to move us toward the direction of independence.”
Get that? Senator Clinton wants to break into a private corporation and steal their money. Her socialist gall is breath-taking.
But Anon has more — a little history, and a bit of an economics warning:
Clinton’s remarks are the first time that a nationally known Democrat has openly called for the government seizure of an industry since President Harry Truman tried to nationalize the steel industry in 1952. The U.S. Supreme Court slapped back Truman’s takeover in Youngstown Sheet & Tube Co. et al. v. Sawyer. (Like Senator Clinton, Truman also championed a national health-care scheme.)
While other politicians have suggested establishing an alternative energy fund, Clinton is the first to advocate funding it by taking the earnings of a publicly held American company. ExxonMobil has some eight-hundred thousand shareholders, many of whom depend on these earnings to fund their retirements.
Mrs. Clinton, of course, has a lock on her retirement scheme. There won’t be any imperial fingers dipping into her pension plan or her investments.
This woman has just proved what we already knew: she is sand-poundingly ignorant about economics and about Constitutional Law. Someone in her electoral campaign would do well to put a sock in her mouth before she becomes any clearer about her intentions.
Meanwhile, here’s a website that wants to expand the energy market into new areas without breaking the law or bringing down the stock market or rifling your pension plan:
Here’s an example of what they’re about:
Hats off to the CEOs of GE, DuPont, BP America, and Alcoa! Yesterday, these heavy hitters, among others, came out in favor of a market-based system to cap carbon dioxide emissions in the United States. In his post below, Tucker Eskew calls this a tipping point in the climate change debate. This is no doubt true. But it’s also a tipping point in our country’s move towards a new energy future.
New technologies created by these companies will lead to cleaner energy right away, and will also speed up the development of renewable, clean, efficient, and cost-effective sources of energy in this country. And cost is the crucial variable. As I’ve said before, the U.S. simply will not see widespread use of alternative energy sources until they are as cheap as (or at least competitive with) fossil fuels. A market-based carbon cap that is embraced by our largest companies will help move these new energy technologies forward, thus bringing ever-closer the day in which they are affordable.
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The world is not going to stop using fossil fuels anytime soon, nor should it. The affordable energy that oil, coal, and natural gas provide fueled the growth of the U.S. and the rest of the developed world, and will do the same in the developing world. But here in the U.S., we’re ready to take the next step. It’s up to first-world nations to develop the next generation of alternative energy, and we’re wealthy enough to afford to do it (not to mention smart enough to figure it out). This carbon cap is just the type of catalyst we need to get moving.
It’s an interesting, vital website. They are asking for your ideas and input. Be sure to visit.
Meanwhile, back at PJM, Anonymous is not done disseciting the agenda of Dictator Clinton:
Hillary Clinton, the obstructer-in-chief….and her underwriters, have contributed greatly to the abdication of a basic function of government: the obligation to manage natural resources in a way beneficial to its citizens and in concert with national security.
Since the 9-11 attacks, Clinton and a sizable faction of Congress have halted every effort at energy independence through new energy production.
The environmental movement serves as the enforcer. Congressmen are targeted on local energy issues within their congressional districts. Congressmen in Massachusetts are pressured to vote against public works projects in Alaska, Congressmen in California are lobbied to vote against energy projects in the Gulf of Mexico, and so on. The process repeats itself cycle after cycle, bill after bill. The environmental movement does not lay out a cohesive national strategy or make any attempt to balance competing goods such as environmental protection and energy independence. As a reward for participating in this disjointed pandering process, Congressmen are hailed as “environmental champions.”
The Sierra Club’s support for Clinton has never wavered. [and indeed, why would it? She’s a done deal -D]The Sierra Club has lobbied against every bill aimed at increasing the amount of energy available to Americans. They are against the construction of new refineries, have consistently blocked the construction of LNG terminals, adamantly fight the development of natural gas reserves in the Gulf of Mexico, oppose the construction of nuclear power plants, and don’t want ANWR explored.
We have bountiful resources which the environmentally unhinged have successfully blocked us from using. Even 9/11 has not been enough to wake us up to take these hard-core Greens in hand. They don’t care if the economy falls in the toilet (an environmentally friendly toilet, of course) as long as the earth is not disturbed.
Hillary Clinton’s energy fantasies are a national threat. And so are her friends and their unfounded, unscientific, and fundamentally hostile ideas. If she and her ilk have their way, Hillary’s hand will be in your wallet and your pension fund in 2008. Of course, it’s for your own good. Just ask her. While you’re at it, see if you can touch her up for a loan to tide you over the recession she is determined to create.
What is it with Democrats? Why do they need to create crises? Is it in order to have something to fix? And why do they insist on applying tired, tried-but-failed poultices as “solutions” to their messes. They remind me of witch doctors, incantations and all.
Obviously, when God was handing out Chaos, the Dems weren’t paying attention and thought he said “Creative Solutions.” Being Democrats, they immediately took more than their share. While they reached into the bucket with both hands, they lectured the rest of us on greed.
Vote for Hillary and reap the whirlwind. Or is that world whine? With Hill, they’re about the same.