Seldom have a few days of energy-related news provided a clearer illustration of the stark contrasts between the crony-capitalism-based energy policies of the Biden administration and the American energy dominance policies to come during a second Trump administration as the news from the past week.
On Nov. 26, the Biden Department of Energy led by Secretary Jennifer Granholm announced an award of $6.6 billion to struggling electric vehicle maker Rivian in the form of a low-interest loan. The infusion of capital is designed to help the company finance a new Georgia-based plant with a production capacity of 400,000 cars per year. Rivian already operates a plant in Illinois capable of turning out 150,000 units annually.
So, what is the problem, you might ask? Well, first, Rivian — like every other U.S. EV maker other than Tesla — has consistently struggled financially. The company so badly missed its sales targets in 2023 that it was forced to discount prices and layoff workers to maintain its ability to service its existing debt load.
Second is the fact that Rivian has only managed to sell a little more than 37,000 units this year as U.S. consumer demand for EVs has stalled, at a financial loss of over $107,000 per car. This begs the question why a car company struggling to sell 50,000 units per year somehow needs the taxpayers to pony up $6.6 billion to raise its production capacity to 550,000 per year, or roughly 13 times its current annual sales.
Third is the fact that Amazon, owned in large part by billionaire Jeff Bezos, is one of Rivian’s biggest investors. Bezos is currently listed as the world’s second-richest individual by Forbes, with a net worth of more than $226 billion. If pouring another $6.6 billion into Rivian is a terrific financial idea — as DOE claims — then why haven’t Amazon and/or Bezos been eager to do that?
The answer seems fairly obvious: This really isn’t a good financial idea at all. What is really happening here is the desperation last gasp of Biden era crony capitalism, shoving those billions of IRA dollars out the door before President-elect Donald Trump is sworn in and starts reining in the madness.
The day before DOE announced its award to Rivian, Trump announced plans to impose 25% tariffs on all imported goods from both Canada and Mexico if the governments in those countries do not immediately move to stop the flows of illegal immigrants and drugs across their borders with the United States. It is key to note that, when you talk about all goods coming in from Canada and Mexico, you are talking about America’s two biggest trading partners for crude oil. Canada is far and away the biggest exporter of oil into the United States, with Mexico ranking second on the list, well ahead of any OPEC nation.
The strategic objective behind announcing these tariff plans two months before being sworn into office was to give the governments of these two countries time to act quickly to slow the flows across their borders and commit to major reforms so the tariffs never have to be actually invoked. It is Trump exercising leverage in a negotiation, a skill that has made him a billionaire in his business life. It is a strategy Biden has never attempted to use related to the open borders the flow of deadly fentanyl that now kills more than 100,000 Americans annually.
Within 48 hours, Trump had held initial talks with socialist Mexican President Claudia Sheinbaum, reporting significant progress. Trump reported far more progress than Sheinbaum was willing to admit, another clear negotiating tactic.
By Friday, Nov. 29, Canadian Prime Minister Justin Trudeau was jetting down to Mar-a-Lago to hold talks with Trump on border reforms his government is willing to make to avoid the tariffs. Again, Trump is still seven weeks away from being sworn into office.
Joe Biden remains president, at least nominally, but the days of his crony capitalist approach to energy policy are running out fast, and will soon be displaced by a Trumpian return to American energy dominance. It is a change that cannot come soon enough.
David Blackmon is a contributor to The Daily Caller News Foundation, an energy writer, and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
Amazon issued a statement blasting the Democratic Arizona attorney general for a “fundamental misunderstanding and mischaracterization of how Amazon’s businesses work.”
Under Arizona AG Kris Mayes’ leadership, the Grand Canyon state sued Amazon for “unfair and deceptive business practices under the Arizona Consumer Fraud Act and the Arizona Uniform State Antitrust Act.”
“Amazon’s anti-competitive and monopolistic practices have artificially inflated prices for Arizona consumers and harmed smaller third-party retailers that rely on its platform,” Mayes wrote.
Arizona filed two lawsuits, the first one focusing on the cancellation process for Amazon Prime, and the second targeting an Amazon algorithm that “determines which offer for a given product is made available via the ‘Buy Now’ or ‘Add to Cart’ buttons.”
“The lawsuit claims the Buy Box algorithm is actually biased toward offers that maximize Amazon’s profits, often favoring its own products or those of Fulfillment by Amazon (FBA) sellers over better non-FBA options,” according to a statement from the Attorney General’s office.
The company is “surprised and disappointed” by the cases, a spokesperson for Amazon said, accusing the state’s AG of initiating the lawsuits “without reviewing a single document from Amazon.”
“Prime’s sign-up and cancellation processes are clear and simple by design, meeting a high bar for customer satisfaction well above legal requirements,” the statement says. “Customers sign up for Prime because it’s an incredible service and a great value, and they can cancel their Prime membership with a few clicks from the home page.”
“These suits would force Amazon to engage in practices that actually harm consumers and the many businesses that sell in our store—such as having to feature higher prices,” the Amazon statement continues.
Elizabeth Troutman is a reporter for AZ Free News. You can send her news tips using this link.
A dark money, globalist climate group poised to obtain power over U.S. defense contracts has Arizona roots.
Last November, the Biden administration proposed granting decision-making power on defense contracts to the Science Based Targets initiative (SBTi): a London, England-based environmentalist group. In mid-February, a key initiative to SBTi called the Advanced and Indirect Mitigation (AIM) Platform launched at GreenBiz 23 in Scottsdale.
According to a press release, the AIM Platform will provide net-zero carbon value chain mitigation for SBTi and the GHG Protocol. Value chain mitigation determines the greenhouse gas emissions of each aspect of a company in an effort to reduce it; SBTi is also advancing a successor of the concept, called “beyond value chain mitigation,” or BVCM.
AIM Governing Committee members are Alexia Kelly, High Tide Foundation; Devon Lake, META; Kelley Kizzier, Bezos Earth Fund (Amazon founder, executive chairman, and former CEO Jeff Bezos); Mandy Rambharos, EDF; Tim Juliani, World Wildlife Fund (WWF); Derik Broekhoff, Stockholm Environment Institute (SEI); Graham Winkelman, BHP; Dan Smith, Smart Freight Center; Elena Schmidt, Roundtable on Sustainable Biomaterials (RSB); Lisa Spetz, H&M Group; Meinrad Bürer, Louis Dreyfus Company; Peter Skovly, MAERSK; and Pierre Bloch, Sustaincert.
SBTi funders include the Bezos Earth Fund, Bloomberg Philanthropies, Rockefeller Philanthropy Advisors, IKEA Foundation, and Laudes Foundation. The initiative is a collaboration by the Carbon Disclosure Project, World Resources Institute, and WWF, an outgrowth of the leftist dark money initiative called “We Mean Business Coalition” fronting the New Venture Fund: an arm of one of the leading leftist dark money networks, Arabella Advisors.
Washington Free Beaconreported that SBTi didn’t officially incorporate until June, though it launched in 2015. SBTi could receive around $1.2 million in annual estimated fees for their services.
The AIM Platform creators were the Gold Standard, a Switzerland-based, climate-focused finance group; Center for Climate and Energy Solutions (C2ES), a Virginia-based climate policy think tank; and Neoteric Energy & Climate, a D.C.-based climate advisory firm.
The few Americans on Gold Standard’s leadership include Scott Harder, a California native and founder of the Environmental Financial Group; Kerry Constabile, a New Yorker who formerly served as a sustainability executive for Google as well as a senior officer and lead advisor for the United Nations, and also a technical advisor for SBTi; Sue Ellen Johnson, a North Carolina agriculturalist and advisor for a number of climate groups including Gold Standard; and Lawson Henderson, a Vermont-based manager of Wildlife Works Carbon and formerly a coordinator for Rainforest Alliance.
C2ES is the successor of the Pew Center on Global Climate Change, led currently by Nathaniel Keohane: former President Barack Obama’s special assistant on energy and environment and formerly a senior vice president for the Environmental Defense Fund (EDF). The former president for C2ES was the deputy administrator for the Environmental Protection Agency under the Obama administration. C2ES and its predecessor were founded and presided over initially by Eileen Claussen, the special advisor to the president on global environmental affairs at the National Security Council and assistant secretary of state for oceans and international environmental and scientific affairs to former President Bill Clinton.
Neoteric Energy & Climate was founded in January by Kim Carnahan, the current CEO, who helped lead the State Department under both Obama and Trump on finalizing the Paris Agreement and other major emissions reductions policies with the International Maritime Organization and International Civil Aviation Organization. Carnahan also worked as the senior director for ENGIE Impact, a Washington-based sustainability consultancy company.
GreenBiz 23 was the latest in a series of annual events that have taken place in Arizona since at least 2014. Next year’s event, GreenBiz 24, will take place in Phoenix.
Featured speakers for this year’s event included Arizona State University (ASU) Morrison Institute Kyl Center for Water Policy directors Kathryn Sorensen and Sarah Porter.
Most of the other speakers over the years have represented the biggest companies worldwide. This year included representatives from 3M, Anheuser-Busch, Associated Press (AP News), BASF Chemicals, CEMEX, Coca-Cola, Cox Enterprises, Clif Bar, Deloitte Tax, Delta Airlines, Dollar Tree, eBay, Estée Lauder, Ford, General Mills, General Motors, Henkel, IBM, Intuit, Johnson & Johnson, Levi Strauss, Mars, McDonald’s, Meta (Facebook and Instagram), Microsoft, Morgan Stanley, Nasdaq, National Public Radio (NPR), NCX, NextEra Energy Resources, Nike, Paramount, Procter & Gamble, Salesforce, Seventh Generation, S&P Global, Starbucks, Under Armour, United Airlines, UPS, U.S. Steel, and Wells Fargo.
The Biden administration also sent speakers: Betty Cremmins and Katy Newhouse, directors for sustainable supply chains with the White House Council on Environmental Quality.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
Amazon founder Jeff Bezos’ ex-wife, MacKenzie Scott, is using her $38.3 billion divorce settlement in part to fund over a dozen leftist Arizona groups dedicated to equity over equality.
The following received at least $72.54 million collectively from Scott over the past three years:
$25 million: Valley of the Sun United Way
$10 million: Florence Immigrant & Refugee Rights Project
$10 million: United Way of Tucson and Southern Arizona
$8.5 million: Habitat for Humanity – Central Arizona
$3.5 million: Boys & Girls Clubs of Tucson
$2.8 million: Girl Scouts – Arizona Cactus-Pine Council
$2.5 million: Vista College Preparatory
$2 million: YMCA of Southern Arizona
$1.4 million: Girl Scouts of Southern Arizona
$1 million: YWCA Metropolitan Phoenix
Undisclosed amount: YWCA Southern Arizona
Undisclosed amount: Easterseals Southwest Human Development
Undisclosed amount: Greater Phoenix Urban League
Valley of the Sun United Way received its millions as part of a five-year initiative to advance equity in all aspects of society. Under the modern social justice lens, equity factors an individual’s need rather than affording equal treatment to everyone.
Florence Immigrant & Refugee Rights Project provides legal and social services to illegal immigrants facing deportation.
United Way of Tucson and Southern Arizona focuses its efforts on dismantling structural racism, with an equitable approach in its community service.
Habitat for Humanity, the household name for nonprofit housing assistance, joined the 2020 Black Lives Matter (BLM) bandwagon. Since then, the nonprofit committed to anti-racism and reframing its community service through racial and social equity rather than equality.
The same was true for the Boys & Girls Clubs of Tucson, and both YMCAs. The Valley of the Sun YMCA has participated in the Phoenix Pride Parade, and the Tucson YMCA has an outreach committee dedicated to diversity and inclusion.
Learning about Black history is very important. We believe open & transparent conversations with youth about the impact of race & systemic racism will not only create space for healing, but also help empower the next gen of leaders to create a world where everyone can thrive. pic.twitter.com/10gULrLzbl
Girl Scouts allows transgender girls to join troops on a case-by-case basis. If the community recognizes the boy as a girl, then the troop allows him to join. Their non-discrimination clause states that they accept children regardless of their gender identity.
Vista College Prep, a tuition-free public charter school, states that its mission is “Equity for all students to achieve their full potential.”
We observe this day in 1865 when enslaved Texans learned they had been freed for 2 years. 155 years later, we still must address systemic racism and inequity in America. VCP is committed to continue that work, especially towards educational equity. #Juneteenth
In addition to advancing equity, Easterseals Southwest Human Development, an early childhood development organization, advances a concept of systemic racism positing that babies can be racist.
By talking about gender biases early, parents can blaze a trail toward equity. Read our tips for deconstructing gender stereotypes and preventing bias: https://t.co/uxe16Y3YEz
Scott also gave an undisclosed amount to the Movement for Black Lives, a California-based Black Lives Matter (BLM) affiliate whose $30.6 million was fiscally sponsored by the Tucson-based Alliance For Global Justice (AFGJ).
I don’t know about you, but the first time I heard the slogan “Black Lives Matter” I thought it was, well…curious. Whoever said otherwise these days? Wasn’t that obvious?
I soon discovered the depths of my naïveté. The tip-off was realizing that “All Lives Matter” was not a more inclusive iteration of the same concept, but its opposite—racist fighting words. People were vilified and fired for saying them.
It turned out that BLM was a “social justice” organization focused primarily on “intervening in violence inflicted on black communities by the state and vigilantes,” i.e. police.
But this wasn’t your typical well-intentioned social advocacy group. Its founders were Marxist activists. BLM’s goals included not only stirring racial violence, but destruction of the nuclear family and eliminating capitalism.
BLM started as a loose confederation of underfunded organizers. But their fortunes changed after George Floyd’s death in 2020. Suddenly, radical racism became a lucrative business. Over $90 million came pouring in, even though BLM did no solicitation and was not even IRS qualified to receive it.
BLM became wildly popular. Its tenets became influential in crafting Democratic party policy. Corporate executives, ever vigilant to burnish their woke credentials, praised it and donated lavishly. Sports teams stitched BLM onto their uniforms.
BLM initially parked the money with sister organizations who had IRS certification. After BLM’s nonprofit status was established, $66.5 million was immediately transferred into its account.
Here’s where the story gets murky. BLM cofounder Patrisse Cullors issued an “impact report” in February 2021, claiming operating expenses of $8.4 million and $21.7 million in grants to local affiliates, but no further detail was provided. The rest of the funding was unaccounted for. Moreover, BLM has yet to file their IRS annual report required last November.
Meanwhile, Cullors resigned last May amid reports that, absent any other known sources of income, she had purchased millions of dollars in prime real estate. The two activists she appointed to assume the helm of BLM declined the offer.
The worm had turned. Charity Watch described BLM as a “ghost ship full of treasure with no captain, no crew no and no clear direction.” Other philanthropy watchdogs also withdrew their endorsements.
Washington and California ordered BLM to cease fundraising and Amazon kicked BLM off its charity platform. Antagonizing California, Washington, and Amazon had to be unprecedented for a radical leftist outfit!
The BLM scam, wasting the funds, was actually a good thing. According to the website Candid, nonprofits devoted to “racial equity” raised $25 billion total post-George Floyd. Yet the “accomplishments” of these groups have been demonstrably harmful to blacks.
Their main policy goal was to “defund the police,” the prime cause of the everyday genocide purportedly inflicted on young black men. That didn’t turn out well.
In 2019, 7,777 Blacks were murdered, 53% of all homicide victims. After the “defund the police” movement succeeded in jurisdictions across the country, 9,941 blacks were murdered the next year, indicating 2,000 lives were lost due to a failed ideology.
Blacks are repeatedly informed that thousands of unarmed black victims are killed by police each year, but the numbers tell a different story. As Heather Mac Donald points out, in 2019, the year 7,777 blacks were killed, police accidentally shot a total of nine unarmed blacks, one for each of the 800 murder victims. Decimating and denigrating the thin blue line was a tragic mistake, especially for Blacks themselves.
BLM can’t be reformed because it is based on the concept that there is social good in driving the races apart, since one is inherently predisposed to oppressing the other. Media and academic elites, playing upon the historical realities of black victimhood and white guilt, insist racism is deeply ingrained in American culture, the core influence in our history.
Americans must decide. Do we concede the future of permanent tribalism advanced by BLM, the 1619 Project, and Critical Race Theory?
Or do we still believe in the vision of Frederick Douglass, Abraham Lincoln, and MLK that Americans can achieve another historic first. We can establish a multi-racial society where race really doesn’t matter and we all share the Dream of living united as Americans.
