ThinkProgress and Lee Fang vs the Evil Koch Brothers

    While I claim no expertise, I do have a general understanding of how the oil market works, which is more than can be said for ThinkProgress “investigative journalist” Lee Fang. A series of articles (notably here and here) has convinced the so-called Progressive community that Fang has blown the lid off a Koch Brothers conspiracy to control oil markets via speculation. For Mr. Fang, the | Read More »

    Guess Who’s Warning of a “Speculative Bubble” in Carbon Credits?

    No, it’s not the American Petroleum Institute, the American Coal Council or some right-wing think tank. Or even Francis Cianfrocca. It’s the Friends of the Earth. The Friends of the Freakin’ Earth. You won’t find me quoting them often. But in a March report titled Subprime Carbon: Re-thinking the World’s Largest New Derivatives Market, Michelle Chan with the FOE does a fine job of laying | Read More »