Anorak

Anorak | Politicians are just too damn cheap to bribe, hire and lobby

Politicians are just too damn cheap to bribe, hire and lobby

by | 4th, September 2013

A LITTLE story from across the pond explaining why people bother to bribe and lobby politicians (to the extent that there is actually and difference between the two acts).

So, there’s one of these nutty green things that petrol refineries have to do over there, to blend ethanol into the petrol. And they’ve got to blend a certain amount in: if they don’t they’ve got to go buy a permit for not having blended it in. A bit like the carbon emission permits we’ve got over here. However, there’s not many of those permits for not blending available and they’re getting very expensive.

At which point we find out that one refinery, just the one mind, has been allowed to not have to buy permits

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow



Posted: 4th, September 2013 | In: Money, Politicians Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink