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Governor Kevin Stitt Continues To Sell Oklahoma Down The Green Energy River

I woke up this morning to an X post by Oklahoma’s Governor Kevin Stitt, happily seated at a table in the Governor’s mansion with Ambassador of Denmark to the United States Jesper Møller Sørensen, telling Oklahomans how he has “just signed a [sic] historic memorandum of understanding between Denmark and Oklahoma” for ‘reliable’ energy for both “communities”.

Denmark is a ‘community’ now? Did I miss a downgrade or something?

The preamble of the MOU says Oklahoma is being ‘leveraged’ – that Oklahoma will be transformed using cutting edge European green energy technologies, but what will this transformation look like for Oklahoma taxpayers and private land owners? What land will be ‘leveraged’ for these projects?

The official press release from the Governor’s office is even more fawning and grotesque, painting a picture of Oklahoma and Denmark as next door neighbors sharing a cup of sugar, only the real story isn’t sweet. It will end with thousands more acres of Oklahoma farmland lost to wind turbines and solar panels, the energy from which Oklahomans don’t even use.

See, Oklahoma produces almost 3 times more energy from oil and gas than we use every year. Though electricity from wind turbines generated 42% of our total energy profile in 2023, most of this ‘green’ energy is ‘shipped’ out to other states primarily through either the Southwest Power Pool or the Midcontinent Independent System Operator (MISO).

Oklahoma simply doesn’t need solar or wind power, yet our Governor’s “‘more of everything’ approach to energy” is driving an ill-advised, unneeded, boom in green energy installations supported either by Oklahoma tax incentives or the 1.2 trillion dollars worth of green subsidies in the hilariously ill-named, Inflation Reduction Act (IRA).

But Oklahoma isn’t investing only in wind and solar – the largest carbon capture plant in the United States opened in Shidler in August. Interestingly, County officials including the outgoing Sheriff, nor any of the citizens I spoke with knew anything about it. Why the secrecy? Does Governor Stitt know what happened in Satartia, Mississippi where a whole town exposed to CO2 from a ruptured pipe (something that can readily happen with CO2 pipelines because of the physics of the gas) hospitalized 45 people? Is he alright with that kind of thing happening to Oklahoma residents?

Probably the most insidious, if not insane, idea born of the World Economic Forum, is that atmospheric carbon can be removed and traded as a commodity. In fact, this must be so if the planet is to survive.

Once CO2 – the molecule completing the oxygen cycle and providing the ‘food’ for all photosynthetic plant life that, in turn, supplies oxygen breathers their necessary O2 – was demonized as a ‘greenhouse’ gas and the planet designated as a death trap as a result, the green light has shown brightly for the WEF carbon credit monopoly scheme.

Bantam, the name of Oklahoma’s plant, which opened to more fawning speechifying by Governor Stitt and other Oklahoma elected luminaries, uses a carbon capture technique created by a company called Heimdal.

The Co-Founder and CEO of Heimdal is Marcus Lima, a Norway native – recognized by Forbes 30 under 30 – whose young-man-short resume indicates that he earned a Master’s in Science from Oxford (2020) and created Heimdal through Y Combinator in 2021 specifically to take advantage of the IRA’s $180 per ton credit of CO2 that is captured and stored through at least 2032.

Bantam is Lima’s first business venture, yet Heimdal is currently valued at 63 million, financed in part by the likes of Sam Altman (Open AI) and Marc Beniof (cloud computing pioneer) and, of course, welcomed into Oklahoma by Governor Stitt’s open arms energy policy.

Why? Why would a Republican governor – especially the Republican governor of an energy self-sufficient state – want to facilitate the green agenda? What does it buy the people of our state when energy is created here only to be shipped to other states who need ‘green’ energy to meet their ‘climate’ policies while ranch and farm land disappears under wind turbines and solar panels?

Why for that matter, would Denmark be interested in Oklahoma? According to numerous sources, Scandanavia is leading the Green Revolution, producing 90% of its electrical power from renewables. For what do they need Oklahoma then? They seem to be doing quite fine on their own despite the issues with sea creatures, eagles and reindeer being bothered by the endless churning turbines.

Wind turbines explode, and when they do, they seed the land with fiberglass and concrete making it unusable for farming or ranching. Solar panels catch fire and when they heat up and explode, they litter the ground with glass, making it unusable for farming and ranching. Their batteries burn so long and so hot that it takes days and days to put them out, often depleting local water sources and rural, volunteer, fire fighters. So what are the advantages for Oklahomans again? Starving plants of CO2? Picking up millions in taxpayer subsidies? Handouts for political campaigns from green energy companies like NextEra?

The National Interest Electric Transmission Corridor – pushed by the Biden Administration through the Federal Power Act – is being developed as a way to transport Oklahoma wind and solar-generated electricity out of the state. Approximately 4–18 miles wide and 645 miles long, the Delta Plains leg of the NIETC would run right through farmlands in northern Oklahoma. It isn’t clear if the land for this corridor would be usurped by eminent domain, but it is clear that a drastic drop in real estate value for Oklahomans would accompany such an enormous project that doesn’t benefit them in any way.

In fact, the whole of Europe is exploding with unrest over green agenda goals as European governments attack farming – believed to contribute 1/3 of the world’s CO2 output – burdening farmers with excessive regulations and taxation, making it impossible for them to do their jobs. Or is that the point?

In Ireland, the Green Party lost every seat but one in last Friday’s elections, in part because voters blamed the Party for increasing fuel taxes resulting from the country’s plan to reach carbon neutrality by 2050.

The ‘green’ agenda is simple madness – all of it – because ‘free’ government money always leads to bigger government and problem policies that trickle down on the little guy. But it doesn’t matter how stupid anything is if investors find a way to make money from it. Once the investor class sees an avenue to returns, madness becomes monetized. The only thing the rest of us can do is to band together and throw the bums supporting the madness out. It’s the only way to – in the words of a people-elected Representative who took over a bum’s seat during our summer primary – save our land, livelihoods and legacies.

Wind Energy Property Easements – Tax Scams As Well As Property Rights Theft?

Friday, November 22nd, Michael and I welcomed John Baca – a real estate attorney from Hughes County, Oklahoma – to the podcast to talk about some things he’s been seeing with the influx of wind energy leases in the county.

During the course of the conversation, John told us that over 42,000 acres of land in Hughes county has been leased to wind developers by a relative handful of residents – most of whom are absentee land owners and don’t even reside on the land they’ve leased. This is a problem because those land owners won’t have to see the ravaged landscape that has become their property, or have to listen to the horrifying noise they make, or put up with the light flicker that could drive a person insane. (And read this WELL-RESEARCHED, horrifying article I just read on wind energy and whale deaths on the eastern seaboard. Why are we allowing these supposedly ‘green’ activities to ruin our planet? Are we really this stupid?)

Listen to John describe that problem in the clip below, where he also talks about the leases themselves – they’re over 70 pages long, they have non-disclosure agreements (NDA) which prevents lease signers from providing information about the lease to anyone without getting sued (gosh, that’s transparent) and the easements granted to the wind generation company sign your property away to whomever the company chooses until eternity and their language is incomprehensible to land owners who otherwise might have previously worked with an oil and gas company. Just. A. Bad. Deal. All. Around.

In the next clip, John gets to the bottom line – conservation easements and wind turbine leases are creating a situation in which land owners are unable to use the land for farming and we’re all becoming less able to manage our lives self-sufficiently while wind turbine companies – that already get MASSIVE taxpayer subsidies – use the system even more efficiently to collect more taxpayer dollars.

In further researching the concept of conservation easements, I found this really great article that gives the pro’s and con’s of the practice. Apparently President Trump applied for (and got) a conservation easement for Mara Lago, yet it’s easy to see how this particular tax-shelter would create a HUGE set of loopholes allowing bad actors to take advantage of other people’s property.

In fact, ProPublica (yes, this is a liberal organization, however, liberal organizations actually watchdog ‘conservative’ issues unlike conservatives – who generally tend to love everything labeled with an ‘R’ just because it’s labeled with an ‘R’) did a series of articles on conservation easement tax scams that is quite informative.

An article from 2022 called, “The Tax Scam That Won’t Die“, seems to describe the issue John believes wind turbine companies are using to their advantage. Here is the relevant paragraph:

“The syndicated versions are different (conservation easements). Instead of seeking to protect a bucolic reserve for wildlife or humans, profit-seeking intermediaries have turned the likes of abandoned golf courses or remote scrubland into high-return investment vehicles. These promoters snatch up vacant land that till then was worth little. Then they hire an appraiser willing to declare that it has huge, previously unrecognized development value — perhaps for luxury vacation homes or a solar farm — and thus is really worth many times its purchase price. The promoters sell stakes in the donation to individuals, who claim charitable deductions that are four or five times their investment. The promoters reap millions in fees.”

Last year, Congress apparently had found a way to crack down on conservation easement abuse:

“During a June 22 Senate Finance Committee markup on retirement legislation, Sen. Steve Daines, R-Mont., a longtime sponsor of the Integrity Act, identified the projected windfall from a clampdown on syndicated easements as a way to pay for a popular proposal enhancing benefits for disabled police, firefighters, paramedics and EMTs. That bipartisan legislation, months later, got added to the massive, must-pass government funding bill, where no single lawmaker had the power to strip it out.

A big concession sealed support for the deal: Daines and other backers agreed not to apply the law to transactions that date back to when the IRS flagged syndicated easements as abusive in 2016 (though the IRS can still pursue cases from back then). Instead the new limits apply only to transactions that occur after the law’s enactment. Along with a much smaller change exempting the measure from applying to historic buildings, this reduced the projected Treasury windfall to about $6.4 billion.”

This year, however, the US Tax Court “boldly declared the Treasury Regulation section 1.170A-14(g)(6)(ii) as invalid, citing non-compliance with the Administrative Procedure Act (APA) as the primary reason. This particular regulation had previously served as a cornerstone for the IRS in disallowing deductions claimed by taxpayers under the guise of conservation easements, imposing stringent conditions that required the easements to be perpetual.“

So, go figure – the government giveth, the government taketh away, then the government giveth it backeth. Phenomenal. Apparently, the taxpayer will continue to take it in the hind end until the practice is somehow done away with permanently.

In the meantime, neither this, nor Governor Stitt’s “more of everything” approach to Oklahoma energy, is helping regular land owners from getting screwed out of the pleasure of owning their own property (sorry, renting it from the government).

Again, contact your legislators about this issue too…

Wind Energy Isn’t Benefiting Oklahoma

Wednesday, November 20th, Michael and I were happy to interview Chad McDougall, Chairman of the Petroleum Alliance Of Oklahoma. Check out the full video on our YouTube and Rumble channels.

What he had to say about wind energy and solar energy in Oklahoma was FASCINATING, but FRUSTRATING.

In the clip below, Chad talks about how Oklahoma produces WAY more energy than it uses. In fact, here is an interesting factoid from the US Energy Information Administration: Overall, the state produces almost three times more energy than it consumes, and much of the energy produced in Oklahoma—particularly natural gas, petroleum, and electricity—is sent to other states.

WHAT? How many of us actually knew that?

In the clip below, Chad mentions that, wind energy companies doing business in Oklahoma are just USING OKLAHOMA. We don’t need the energy, but they blight our landscapes with those ridiculous, horrendous wind turbines so that they can turn around and send the energy OUT OF STATE!

In this clip, I asked Chad about the National Interest Electric Transmission Corridor (NIETC) and the answer is – OKLAHOMA DOESN’T NEED THIS! Our legislators need to know this information so they can STOP it from coming through Oklahoma.

Also in the clip, Chad refers to the Inflation Reduction Act as the ‘Green New Deal’ because of its incentives and taxpayer giveaways to ‘green’ companies totaling a probable 1.2 TRILLION DOLLARS! And, by the way, if you’ve had OG&E call you lately to tell you that they’ll help you install solar panels, you’ve got the IRA to thank for their largess with YOUR money.

In the clip below, Chad gets to the bottom of the issue – oil and gas producers pay tons of taxes – wind energy companies are subsidized by the state and federal government.

According to the Institute For Energy Research, Oklahoma stopped its wind subsidies in July of 2017 because of the BURGEONING cost to tax payers, yet wind producers that had completed projects prior to that date were still eligible for TEN FULL YEARS of subsidies from the time of project completion.

I guess because Oklahoma likes giving away taxpayer dollars, after the subsidies stopped, a tax credit was made available in 2003 to include wind producers. Here’s what the IER says:

Beginning January 1, 2003, Oklahoma instituted a state income tax credit to producers of electric power using renewable energy resources from a zero-emission facility with a production capacity of 1 megawatt or greater. Besides wind, eligible renewable energy resources include moving water, sun, and geothermal energy. Credits are available for electricity generated on or after January 1, 2003, during a 10-year period following the date that the facility is placed in operation. The credit ranges from $0.0025 per kilowatt hour to $0.0050 per kilowatt hour depending on when the facility is placed in operation and when electricity is generated.

The crazy thing is, we’ve let Oklahoma’s Governor Stitt and our legislature GIVE OUR TAX DOLLARS TO GREEN COMPANIES AT THE EXPENSE OF OUR POCKETBOOKS AND THE BEAUTY OF OUR LANDSCAPE! Why?

Probably because Governor Stitt has an “all of the above” prescription for energy here in Oklahoma – as we’ve so often heard him say, but look at this.

In February of this year, the Italian ‘green’ energy company Enel, was ordered to remove 84 wind turbines from Osage land in northeastern Oklahoma at a cost of $300 MILLION dollars because they acted unethically with the Osage, including conducting unauthorized mining on Osage land.

Last year, Governor Stitt TOUTED this very same company – Enel – for bringing a solar panel factory to Oklahoma.

This year, he and several other Republican governors condemned the Biden Administration for its stance on fossil fuels, claiming that the federal government was blocking permits and creating business-stifling regulations, yet Governor Stitt has not shown any interest in lifting the taxes on oil and gas producers in this state while pimping every green energy business that comes by (see our story on the nation’s biggest carbon capture plant no one knew about located in Shidler, OK). But then, Oklahoma actually has a whole part of its website devoted to all the taxpayer dollars it’s giving away to businesses here and it starts with these words: “Oklahoma has some of the lowest tax rates and some of the best tax incentives in the nation. The state offers companies a low cost of doing business, a low cost of living for employees, and tax rebates that reduce tax burdens even further.“

Meanwhile, though the oil and gas industry is trying to push back on the general unfairness of federal and state energy policy, regular every day Oklahomans should too. While tax incentivized green energy companies are producing energy in Oklahoma and sending it out of the state, Oklahomans continue to pay higher prices on energy than we should if we were using our own natural gas to power our homes. Ask your legislator to make sense of THAT.

BELOW ARE THE SLIDES CHAD PREPARED FOR OUR INTERVIEW THAT WE BARELY USED – check them out for more information.

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