Renegade Regulator

“Nice energy company you’ve got, and a winner of a project too, you’ve invested a lot of money here.” And so, it begins. “The regulations you need to comply with are our property now, we own them, but we want to help you succeed, we’re in your corner. We’ll grant you access to our laws, we’ll allow government regulatory, we’ll even certify your compliance, and all for a small charge taken off your revenues.” Of course, a “small charge” is relative. But, you’re assured, you’ll get used to tighter margins and bigger charges, you’ll “think of it as a vig, or a royalty.”
Does that seem absurd? It should, but it’s also happening. The reality of private law is already here and it’s gaining ground.

I trust the Wall government is paying attention?

2 Replies to “Renegade Regulator”

  1. There’s not allot of difference with personal Income Tax. They set the rate, the harder you work and the more you earn the more they take. If you decide to not pay them eventually people with guns show up on your doorstep.
    The open joke is that they are using your money to benefit you.

  2. The CSA has morphed into a textbook definition of fascism, from a standards body for voluntary use to a nominally “private”, contacted-out statist organ.

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