{"id":365311,"date":"2025-02-07T07:56:07","date_gmt":"2025-02-07T06:56:07","guid":{"rendered":"https:\/\/climatescience.press\/?p=365311"},"modified":"2025-02-07T07:56:09","modified_gmt":"2025-02-07T06:56:09","slug":"take-back-the-truth-energy-transfer-plays-offense","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=365311","title":{"rendered":"\u201cTake Back the Truth\u201d (Energy Transfer plays offense)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Master Resource<\/a><\/p>\n\n\n\n

By Robert Bradley Jr.<\/em><\/p>\n\n\n\n

\n

\u201cOpponents of oil and gas have increasingly targeted energy projects through misinformation, protests, lawfare and misinformation, hurting a strategic U.S. industry that employs more than 11 million Americans, and negatively impacting our country\u2019s economic stability.\u201d (Energy Transfer, below)<\/p>\n<\/blockquote>\n\n\n\n

Pragmatic rent-seeking by crony capitalists is a major problem in the United States. Political capitalism allows \u201cthe worst of get on top,\u201d while misallocating resources from consumer to governmental ends. Think of Ken Lay<\/a> of Enron. James E. Rogers<\/a> of Public Service of Indiana\/Duke Energy. John \u201cbeyond petroleum<\/a>\u201d Browne \u2026 Ben van Beurden<\/a> of Royal Dutch Shell\u2026 GE\u2019s Jeff Immelt<\/a>\u2026 T. Boone Pickens<\/a> \u2026 John Hofmeister<\/a>. The wind and solar crowd. Even Kelcy Warren, co-founder and chairman of Energy Transfer, the subject of this post.<\/p>\n\n\n\n

As a Houston Chronicle<\/em> editorial stated on Monday:<\/p>\n\n\n\n

\n

A few of Trump\u2019s Texas-based allies and donors stand to make a killing off Biden\u2019s climate law. Energy Transfer, led by Trump booster Kelcy Warren, is a partner in Texas\u2019 HyVelocity hydrogen hub, which won more than $1 billion in Department of Energy grants. Occidental Petroleum, whose CEO raised millions for Trump, won a $1 billion grant to build a carbon capture hub near Corpus Christi. Even Trump\u2019s BFF Elon Musk admitted that the IRA\u2019s tax credits for battery manufacturing could make as much as $250 million per quarter for Tesla. [1]<\/strong><\/p>\n<\/blockquote>\n\n\n\n

ExxonMobil Takes the Political Bait<\/strong><\/p>\n\n\n\n

Sadly, ExxonMobil has gone into the political capitalism camp\u2013with bad results. In an attempt to try to appease the enemy of fossil fuels (futile<\/em>: the more they get, the more they want), the last two decades has seen the storied company invest unsuccessfully in algae oil<\/a> (renewable biofuels) and hydrogen<\/a>. Its carbon capture and storage<\/a> play is at risk with the possible end of tax subsidies with the new administration.<\/p>\n\n\n\n

Exxon CEO Lee Raymond (1993\u20132004) smartly avoided such taxpayer bets and explained why; his successors succumbed to the climate lobby and have hurt shareholders, employees, and the general public. Raymond was also transparent and correct on the climate issue, stating<\/a> in 2010:<\/p>\n\n\n\n

\n

We in the petroleum industry are not dismissing the global climate change issue. But I don\u2019t believe anyone should have the moral authority to deny people the opportunity to improve their way in life by arbitrarily depriving them of the means\u2026. I hope that the governments of this region will work with us to resist policies that could strangle economic growth.<\/p>\n<\/blockquote>\n\n\n\n

\u201cTake Back the Truth\u201d<\/strong><\/p>\n\n\n\n

Amid the political capitalism, there is room to applaud moments of free market energy. Enter Energy Transfer\u2019s new website, Take Back the Truth<\/a>, which the company describes as<\/p>\n\n\n\n

\n

dedicated to setting the record straight, not only on oil and gas \u2013 the lifeblood of our modern society \u2013 but our projects and our company. Oil and gas have enabled the benefits we enjoy in our everyday lives. Opponents of oil and gas have increasingly targeted energy projects through misinformation, protests, lawfare and misinformation, hurting a strategic U.S. industry that employs more than 11 million Americans, and negatively impacting our country\u2019s economic stability.<\/p>\n<\/blockquote>\n\n\n\n

The picture\/logo below includes no industrial wind turbines or solar arrays\u2013just below-ground pipeage amidst CO2-enriched greening.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The truth bombs follow on the site:<\/p>\n\n\n\n

Fact: The Dakota Access Pipeline does not encroach on any tribal lands.<\/a><\/p>\n\n\n\n

Fact: Greenpeace targeted Energy Transfer\u2019s business constituents with misinformation.<\/a><\/p>\n\n\n\n

Fact: Energy Transfer\u2019s lawsuit is not about free speech.<\/a><\/p>\n\n\n\n

Fact: Energy Transfer did not desecrate culturally important sites.<\/a><\/p>\n\n\n\n

Fact: Neither Energy Transfer nor Dakota Access used extreme violence against protestors.<\/a><\/p>\n\n\n\n

Fact: Greenpeace organized, funded and supported illegal acts of trespass, property damage and violence.<\/a><\/p>\n\n\n\n

Energy Transfer\u2019s news releases detail the ongoing lawsuit against Greenpeace and push back against their critics. The best defense is offense!<\/p>\n\n\n\n

Final Comment<\/strong><\/p>\n\n\n\n

Energy Transfer\u2019s Kelcy Warren is to be commended for playing offense against the Progressive Left. In this regard, he joins Liberty Energy\/Chris Wright<\/a> in a fight for basic property rights and for energy for the masses, not the climate elite. Both Warren and Wright hark back to the first philosopher of energy, Alex Epstein<\/a>.<\/p>\n\n\n\n

There is a new politics in the air in the U.S. but also around the world. Amid the progress and upside, however, there are government interventions that still need correction. Firms such as Energy Transfer need to accept the end of some favorable-to-them intervention (HyVelocity hydrogen hub) to be true and consistent. And to do their part in slashing Leviathan.<\/p>\n\n\n\n

\u2014\u2014\u2014\u2014\u2014\u2014\u2014-<\/p>\n\n\n\n

[1]<\/strong> \u201cPrivate Sector Could Scuttle Energy Scheme.\u201d Houston Chronicle<\/em> (February 3, 2025).<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Pragmatic rent-seeking by crony capitalists is a major problem in the United States. Political capitalism allows \u201cthe worst of get on top,\u201d while misallocating resources from consumer to governmental ends. Think of\u00a0Ken Lay\u00a0of Enron.\u00a0James E. Rogers\u00a0of Public Service of Indiana\/Duke Energy. John \u201cbeyond petroleum\u201d Browne \u2026\u00a0Ben van Beurden\u00a0of Royal Dutch Shell\u2026 GE\u2019s\u00a0Jeff Immelt\u2026\u00a0T. Boone Pickens\u00a0\u2026\u00a0John Hofmeister. The wind and solar crowd. Even Kelcy Warren, co-founder and chairman of Energy Transfer, the subject of this post.<\/p>\n","protected":false},"author":121246920,"featured_media":365315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691833083,691830558,691833084,691828207],"class_list":["post-365311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-enemy-of-fossil-fuels","tag-energy-transfer","tag-free-market-energy-2","tag-tax-subsidies","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0-Take-Back-the-Truth-Energy-Transfer-plays-offense.jpg?fit=1280%2C720&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1x27","jetpack-related-posts":[{"id":371071,"url":"https:\/\/climatescience.press\/?p=371071","url_meta":{"origin":365311,"position":0},"title":"Breaking: Greenpeace Ordered to Pay Hundreds of Millions in Dakota Pipeline Protest Lawsuit","author":"uwe.roland.gross","date":"03\/20\/2025","format":false,"excerpt":"Well, well, well\u2014looks like Greenpeace finally got a taste of its own medicine. 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