ALEC Tours Tar Sands, Works with Industry Groups to Block Low-Carbon Fuel Standards
The American Legislative Exchange Council (ALEC) recently adopted a "model" bill from an oil-industry lobby group, that would limit the ability of states to negotiate regional "low-carbon fuel standards" (LCFS), a mechanism designed to reduce the carbon intensity of transportation fuels. If agreed by states, LCFS could have a significant impact on the sale of fuels derived from Canadian tar sands in the United States, regardless of any decision the Obama administration makes over the proposed Keystone XL pipeline.
The American Legislative Exchange Council, which for decades has been known by the acronym "ALEC," is asking members to stop calling it ALEC because the name is now associated with a "distant, mysterious, Washington alphabet organization of unknown intentions."
Fix the Debt financier Peter G. Peterson knows a thing or two about debt: he's an expert at creating it. Peterson founded the private equity firm Blackstone Group in 1985 with Stephen Schwarzman (who compared raising taxes to "when Hitler invaded Poland"). Private equity firms don't contribute much to the economy; they don't make cars or milk the cows. Too frequently, they buy firms to loot them. After a leveraged buyout, they can leave companies so loaded up with debt they are forced to immediately slash their workforce or employees' retirement security.
Fix the Debt is the most hypocritical corporate PR campaign in decades, an ambitious attempt to convince the country that another cataclysmic economic crisis is around the corner and that urgent action is needed. Its strategy is pure astroturf: assemble power players in business and government under an activist banner, then take the message outside the Beltway and give it the appearance of grassroots activism by manufacturing an emergency to infuse a sense of imminent crisis.
Before Gus Van Sant's latest film Promised Land even premiered, the energy industry was up in arms, gearing up to counter the film's apparent anti-fracking stance with a barrage of "community" responses (read: thinly veiled corporate PR).