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Top executives from four major energy companies -- into the White House yesterday talking with the about energy policy.
With President Obama here all those companies duke DuPont Royal Dutch Shell and Honeywell -- -- -- today except for royal -- was down a bit as the oil is down.
Check out the -- prices and then remember this Duke Energy.
As we mentioned before getting in line with cap and trade okay then now full -- cap and trade after that -- take.
At the meeting go.
Do show DuPont they were outnumbered.
By more than half a dozen environmental activists some community organizes and union reps as well all at the table in the White House discussing national energy policy.
Throwing -- Hogue joins us now he's a national review.
On line contributing editor to -- good to -- it -- mr.
courtesy of what do you make of this book.
Union organizers unions you've got community organizes.
And you've got -- -- environmental people.
Old sitting down making key decisions about America's energy policy what do you make of there's a word for this in economics economics called corporate has.
And it's the kind of way that was -- Mexico was -- for many years to get the the head honcho in and representative of these big groups and how to make the decision in the country moves forward from there.
Left behind or your small business and we've -- -- them we just saw these very very large companies.
Bill also closed door meeting this disposables -- most transparent administration human history.
This that happens there's no press there are no cameras -- transcripts as far as you know so if these decisions -- be made -- -- made public not private you're right but do you think that the message was hate you guys in the energy business you get on board with cap and trade.
You better get cap and trade through because if you don't.
We'll have the EPA will set the EPA on you and now really what you would Dexia to emissions absolutely I think that's the message and and it's it's pretty strong -- pretty heavy handed.
And it -- be bad enough if all these things were happen happening in it and effort to solve a real problem.
Global warming is illusory where she went -- period global cooling when I would really interest -- what we view it as supportive absolutely we -- not believe.
I'd I don't believe in global warming is -- a hoax I think it is a hoax absolutely look we have seen on Earth -- cooling of temperatures since 1998 we get snow in Houston.
About a year ago we had snow and in New Orleans with snow in Kuwait of all places the globe is cooling it is not warming and it would be bad enough to have all these terrible expensive job killing policies.
In order solve real problems but we're doing to salt and non existent problem.
And I think this is national suicide -- when you've got this meeting of environment was pressing the energy companies and they say.
Against their own interest perhaps they say -- -- we'll go with cap and trade.
Your argument is losing.
It may be a hoax and they don't believe in global warming but it if we are going to get some -- climate legislation -- I don't think we show climate legislation does this is not a problem but if we must have some legislation why not the -- Cap and cut in other words let's say that -- decides to reduce -- -- CO2 by 12%.
What if we reduce the corporate tax by 12% what we give companies incentives to do what we went at least Obama thinks is the right thing where I've been beating them over the heads and shoulders with sticks.
And this had he had a big government approach.
Why not try incentives as opposed to penalties in pain and pleasure than pain you can national policy is this an anti business administration I think it is any -- -- -- administration both in terms of policies and also in terms of the fact.
You go with people here were professors and lawyers.
You've got almost nobody around president who has ever met a payroll created jobs invented a product and this is a very very destructive situation throw him -- thank you very much for joining us come -- too we've got to.
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