So That’s How the “Green Economy” Works

Among the most fundamental laws of the universe is that the more government you have, the more corruption you will have. When human interaction is based on coercion instead of voluntary contracts, the only way to get anything done is to grease the palms of scuttling bureaucratic overlords, who pursue their positions because it’s the most effective means to acquire wealth. That’s why the first word of this Pajamas Media report must be a typo:

Surprising documents made available to this author reveal that Assistant Secretary of Energy Cathy Zoi has a huge financial stake in companies likely to profit from the Obama administration’s “green” policies.

Zoi, who left her position as CEO of the Alliance for Climate Protection — founded by Al Gore — to serve as assistant secretary for energy efficiency and renewable energy, now manages billions in “green jobs” funding. But the disclosure documents show that Zoi not only is in a position to affect the fortunes of her previous employer, ex-Vice President Al Gore, but that she herself has large holdings in two firms that could directly profit from policies proposed by the Department of Energy.

Among Zoi’s holdings are shares in Serious Materials, Inc., the previously sleepy, now bustling, friend of the Obama White House whose public policy operation is headed by her husband. Between them, Zoi and her husband hold 120,000 shares in Serious Materials, as well as stock options. Reporter John Stossel has already explored what he sees as the “crony capitalism” implied by Zoi being so able to influence the fortunes of a company to which she is so closely associated.

In addition, the disclosure forms reflect that Zoi holds between $250,000 and $500,000 in “founders shares” in Landis+Gyr, a Swiss “smart meter” firm. She also still owns between $15,000 and $50,000 in ordinary shares.

“Smart meters,” put simply, are electric meters that return information about customer power usage to the power company immediately and allow a power company to control the amount of power a customer can consume. These smart meters are a central component of the Obama administration’s plans to reduce electricity consumption as part of the “smart grid.”

That is, one summer soon bureaucrats will be remotely turning down your AC on behalf of the polar bears. Stalin and Hitler never dreamed of this level of micromanagement. Since not even the boobs running the government believe in global warming anymore, the actual point, other than to increase control over us as an end in itself, is to enrich autocrats like Zoi.

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On a tip from Oiao. Cross-posted at Moonbattery.

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