Thank you for sharing. That’s a well-written article, and unfortunately, it’s not an isolated case. Back during the Obama era, I was invited to join a panel of energy CEOs. One of the other panelists (I’ll leave out his name) was the head of a large coal-based utility, yet he was pushing hard for carbon credit trading. It seemed odd to m…
Thank you for sharing. That’s a well-written article, and unfortunately, it’s not an isolated case. Back during the Obama era, I was invited to join a panel of energy CEOs. One of the other panelists (I’ll leave out his name) was the head of a large coal-based utility, yet he was pushing hard for carbon credit trading. It seemed odd to me, given his background. So, I did some critical thinking.
It didn’t take long to figure out that his coal fleet was aging—over 80% of his generators had been in operation since before World War II. Then it clicked: he was angling for tradable carbon credits based on reductions that were going to happen anyway, as those plants were already nearing the end of their lifespan. He was cashing in while he still could.
The point is, corruption takes many forms, and it’s not confined to just one corner of the energy industry—or any industry, for that matter. That’s why John Droz started this substack: to encourage critical thinking and help expose the corruption and misinformation that’s all around us.
Thank you for sharing. That’s a well-written article, and unfortunately, it’s not an isolated case. Back during the Obama era, I was invited to join a panel of energy CEOs. One of the other panelists (I’ll leave out his name) was the head of a large coal-based utility, yet he was pushing hard for carbon credit trading. It seemed odd to me, given his background. So, I did some critical thinking.
It didn’t take long to figure out that his coal fleet was aging—over 80% of his generators had been in operation since before World War II. Then it clicked: he was angling for tradable carbon credits based on reductions that were going to happen anyway, as those plants were already nearing the end of their lifespan. He was cashing in while he still could.
The point is, corruption takes many forms, and it’s not confined to just one corner of the energy industry—or any industry, for that matter. That’s why John Droz started this substack: to encourage critical thinking and help expose the corruption and misinformation that’s all around us.