…Feeding The Crocodile…
Winston Churchill, while looking at the world around him, with countries trying to avoid the oncoming disaster, said:
“Each one hopes that if he feeds the crocodile enough, the crocodile will eat him last. All of them hope that the storm will pass before their turn comes to be devoured. But I fear greatly that the storm will not pass. It will rage and it will roar ever more loudly, ever more widely.”
This is America’s situation today, as we are threatened by fear of climate change, supposedly caused by CO2, and the specter of net-zero carbon.
The Chief Executive of Dow Chemical, Jim Fitterling, after having tried to appease the crocodile of net-zero carbon by approving of Biden’s rejoining the Paris climate agreement, is raising his voice in opposition to the elimination of natural gas from the energy mix.
He went to the White House to object to being eaten by the crocodile.
Quoting the Wall Street Journal: “He warned about the potential consequences of any policy that would exclude natural gas from the energy mix.”
He now realizes that net-zero carbon will cost his company dearly after it invested billions in factories to take advantage of America’s abundant, cheap natural gas.
But the WSJ also appears to be avoiding the net-zero carbon issue.
Here is Dow Chemical, one of America’s largest corporations, warning about the importance of natural gas … and the WSJ buries the story on page 10, of Section B.
The story deserved to be the lead story on page 1, of Section B, but instead the story is hard to find, partially hidden on the far right column of page 10.
On the same day, the WSJ ran an advertisement on page A12A saying:
“Trust your source. Trust your decision.”
Followed by a large WSJ, covering the bottom of the page.
Clearly, this was a mixed message after pigeonholing an important news-story affecting businesses.
Too many CEOs are playing a political game, supporting net-zero carbon, while hoping the crocodile devours someone else first.
Even the CEO of DOW Chemical is still trying to appease the crocodile by pleading he supports cutting CO2 emissions.
But the crocodile doesn’t care.
. . .