Thursday, January 15, 2009
By Steven Milloy
Browner: Redder than Obama Knows
Incoming White House energy-environment czar Carol Browner was recently discovered to be a commissioner in Socialist International. While that revelation has been ignored by the mainstream media and blithely dismissed by her supporters, you may soon be paying the cost of Browner’s political beliefs in your electricity bill.
Socialist International is precisely what it sounds like — a decidedly anti-capitalistic political cause. Founded in 1951, its organizing document rails against capitalism, asserting that it “has been incapable of satisfying the elementary needs of the world’s population … unable to function without devastating crises and mass unemployment … produced social insecurity and glaring contrasts between rich and poor … [and] resorted to imperialist expansion and colonial exploitation.…” Socialist International also asserts, “In some countries, powerful capitalist groups helped the barbarism of the past to raise its head again in the form of Fascism and Nazism.” So Socialist International at least partly blames Adolph Hitler on capitalism.
Decoupling involves government guaranteeing electric utilities steady or steadily increasing profits for selling less electricity. That means implementing one of three basic scenarios: (1) consumers paying more for less electricity; (2) electricity prices remaining steady and taxpayers being called upon to subsidize the difference between the profits from actual electricity sales and the profits guaranteed by government; or (3) some combination of the two. There are no other possibilities.