Stacy Summary: An energy bill passed the US Congress this past week which will enrich Republican donors, T. Boone Pickens and Home Depot. Not one single peep on this site from anyone let alone those who expend a HUGE amount of oxygen spewing hate for Al Gore. If there had been a genuinely principled argument against someone, like Gore, earning money off energy policy, then the same should hold true for Pickens and Home Depot. The fact that there hasn’t been, suggests to me that those doing the hating of Gore are really either having their angst directed by an outside force or are merely a partisan in the fake left/right debate who don’t mind the principle of profiting off energy policy if the correct ‘team’ is winning. If the mighty Al Gore can’t even win where T. Boone wipes the floor, it’s really getting difficult to believe all the emotion for Gore’s alleged superpowers is real.
T. Boone Pickens, the billionaire energy hedge-fund manager [SH – and Republican donor], and Home Depot Inc., [SH – 71% of their donations went to Republicans] the largest U.S. home-improvement retailer, are winners in energy legislation that fails to help solar-panel and wind-turbine makers.
The measure proposed yesterday by Senate Democrats would give Pickens victory in his lobbying campaign for more use of natural gas, providing $3.8 billion in rebates for cars and trucks powered by the fuel. Home Depot would benefit from provisions to channel $5 billion in rebates to homeowners who upgrade to more efficient appliances or add insulation that reduces energy use.
. . . . Absent from the measure were limits on carbon dioxide or requirements that utilities add solar and wind power to their portfolios.
Here’s the video, so where’s the hate for billionaire T. Boone’s profits: