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Articles by Michael Toth
United Airlines CEO Scott Kirby’s Wealth Tax Proposal Contradicts His Business Strategy
Few chief executives have hitched their fortunes to affluent consumers as enthusiastically as United Airlines chief Scott Kirby. So, it’s especially rich that Kirby is now calling for a national wealth tax. Since taking the helm at United in 2020, Kirby, who earned more than $30 million last year, has focused the carrier on delivering upgrades to travelers willing to pay more. As he’s fond of saying, “air travel is not a commodity.” Consumers may have noticed.
This Supreme Court case is much bigger than oil and gas
This Supreme Court case is much bigger than oil and gas (washingtonpost.com) This Supreme Court case is much bigger than oil and gas By Michael Toth 2026100510310500 On Monday, lawyers for the city and county of Boulder, Colorado, will argue before the U.S. Supreme Court that their lawsuit seeking to hold energy companies liable under state law for global greenhouse-gas emissions, Suncor Energy v. County Commissioners of Boulder County, should proceed.
Voting Against Reincorporation Doesn’t Mean the Game Is Over
A one-star restaurant review tells you something. But if the reviewer keeps making reservations, it doesn’t tell you everything. Corporate governance has the same distinction. A proxy vote is the investor’s voice. A portfolio manager’s decision to add, hold, or sell is the investor’s bottom line. In the debate over companies moving their legal home out of Delaware to states such as Texas and Nevada, the two have been treated as one signal. But they aren’t.
Climate litigation and the campaign to influence the judiciary
Thousands of judges across the nation have sat through climate-science training and received literature from trusted federal bodies and scientific institutes. Those judges had every right to expect that the information they received was neutral, objective, settled science. They were mistaken. My latest research paper presents the first full taxonomy of a coordinated, multi-year campaign designed to shape how the American judiciary understands climate litigation.
New UT Report: Climate Litigation and the Campaign to Influence the Judiciary
Thousands of judges across the nation have sat through climate-science training and received literature from trusted federal bodies and scientific institutes. Those judges had every right to expect that the information they received was neutral, objective, settled science. They were mistaken. My latest research paper presents the first full taxonomy of a coordinated, multi-year campaign designed to shape how the American judiciary understands climate litigation.
New UT Report: Climate Litigation and the Campaign to Influence the Judiciary
Thousands of judges across the nation have sat through climate-science training and received literature from trusted federal bodies and scientific institutes. Those judges had every right to expect that the information they received was neutral, objective, settled science. They were mistaken. My latest research paper presents the first full taxonomy of a coordinated, multi-year campaign designed to shape how the American judiciary understands climate litigation.
New UT Report: Climate Litigation and the Campaign to Influence the Judiciary
Thousands of judges across the nation have sat through climate-science training and received literature from trusted federal bodies and scientific institutes. Those judges had every right to expect that the information they received was neutral, objective, settled science. They were mistaken. My latest research paper presents the first full taxonomy of a coordinated, multi-year campaign designed to shape how the American judiciary understands climate litigation.
BlackRock Casts a Vote of Confidence in Texas
The former champion of ESG now backs corporate proposals to reincorporate in the Lone Star State. WSJ Opinion: Kevin Warsh’s Jackson Hole Debut Embed code copied to clipboard Your browser does not support HTML5 video. 0:00 Paused 0:00 / 6:09 The Fed may not be done fighting inflation Photo: Christopher Arbisi Not long ago, Texas and BlackRock were at war. Now the Wall Street heavyweight is lining up behind the Lone Star State’s effort to displace Delaware as the corporate capital of America. On Aug.
Politicians keep sabotaging energy infrastructure — then wonder why prices soar
When a Texas utility tried to walk away from natural-gas agreements after the 2021 winter storm, a state judge sent an important message: Contracts matter. The case involved CPS Energy, the municipal utility serving San Antonio, and pipeline companies owned by Energy Transfer. During Winter Storm Uri, CPS Energy relied heavily on short-term gas purchases rather than securing enough long-term supply.
Proxy Firms Don’t Have to Disclose Conflicts. That Should Change
For 39 years, the Department of Justice told proxy advisory firm Institutional Shareholder Services it had no antitrust problem. Earlier this month, the Department of Justice took back that statement. ISS has considerable market power. It and one other firm — Glass Lewis — control more than 90% of the proxy advisory industry, which guides investment managers on how to vote on CEO compensation, board elections, and other proposals that shape public companies.
Rail giants hate the $71 billion merger. The rest of us should love it
Major infrastructure projects deserve careful review. They also deserve to be judged on the facts, not on outdated objections and hypothetical concerns. The $71 billion Union Pacific-Norfolk Southern merger is ready to be assessed on its merits and approved. China controls the refinery.
U.S. Environmentalists Go Easy on China
A group that seeks to ruin American energy firms with litigation takes a far softer approach to Beijing. WSJ Opinion: Kim Strassel in Conversation with U.S. Energy Secretary Chris Wright Embed code copied to clipboard Your browser does not support HTML5 video. 0:00 Paused 0:00 / 36:50 Speaking at WSJ Opinion Live in Washington, D.C., 'Potomac Watch' columnist Kimberley A.
Decreased Thigh Muscle Cross-Sectional Area Following Anterior Cruciate Ligament Injury Depends on Concomitant Meniscal Injury and Subject Sex
1 Introduction The anterior cruciate ligament (ACL) is the most common completely disrupted ligament in the knee with an injury incidence of 68.6 per 100,000, translating to more than 2 million ACL injuries occurring each year worldwide [1]. In the United States, more than 50% of knee injuries include ACL trauma, with direct and indirect costs totaling greater than $7 billion annually [2, 3]. Concomitant meniscal injury occurs in 26%–45% of patients with injury to the ACL [4].
Whining actors aside, there’s no real antitrust reason to block Paramount merger
Nearly a year has passed since news broke that Paramount was preparing to acquire Warner Bros. Discovery (WBD). Since then, the companies have finalized plans to combine their studios, streaming services and extensive portfolio of television and cable channels into a single media company better positioned to compete with Netflix, Amazon and Disney. The $111 billion merger has cleared regulatory hurdles in Washington, Brussels and elsewhere, and could close as early as this month.
No Real Antitrust Reason To Halt Blockbuster Movie Merger
This article from the Daily Caller News Foundation By Michael Toth Nearly a year has passed since news broke that Paramount was preparing to acquire Warner Bros. Discovery (WBD). Since then, the companies have finalized plans to combine their studios, streaming services and extensive portfolio of television and cable channels into a single media company better positioned to compete with Netflix, Amazon and Disney.
Greenpeace Dakota Access Pipeline Lawsuit Could Undermine U.S. Energy Security
If Greenpeace International succeeds, it would establish a troubling precedent for relitigating legal defeats abroad, eroding American sovereignty, chilling investment, and undermining transatlantic energy security.
Whining Actors Aside, There’s No Real Antitrust Reason To Block Paramount Merger Original
Nearly a year has passed since news broke that Paramount was preparing to acquire Warner Bros. Discovery (WBD). Since then, the companies have finalized plans to combine their studios, streaming services and extensive portfolio of television and cable channels into a single media company better positioned to compete with Netflix, Amazon and Disney. The $111 billion merger has cleared regulatory hurdles in Washington, Brussels and elsewhere, and could close as early as this month.
Time for America to declare independence from Europe again
When the United States declared independence, Europe projected power through armies and navies. Today, it rules through regulation. As America prepares to celebrate its 250th birthday, Congress has a rare opportunity to remind the world that our laws are written in Washington and state capitals — not in Brussels.
A reset on civil rights upends DEI — and the ‘New Right’
A reset on civil rights upends DEI — and the ‘New Right’ (washingtonpost.com) A reset on civil rights upends DEI — and the ‘New Right’ By Michael Toth 2026062910460300 The second Trump administration has pushed the boundaries of executive power. But on one of the most consequential fronts in federal policymaking, the opposite is true. The administration is undertaking the most significant reset of civil rights policy in decades. Unlike its tariff programs, this one rests on solid legal ground.
Rail merger is American supply chain game-changer
Most Americans associate innovation with new technologies. But modernization is equally important in the industries that move goods, power factories, and connect markets. An economy cannot remain dynamic if its infrastructure is trapped in the past. That reality is at the center of a consequential decision now facing federal regulators: whether to approve the nation’s first transcontinental freight railroad.
Sneaky leftist lawsuits are taking aim at US energy dominance
A big swirling bucket of the latest rumors, celebrity news and Hollywood gossip. The premier celebrity gossip app. The only apps that gives you a comprehensive real time celeb news stream. Gossip Bucket aggregates and streams the latest gossip news and headlines from the top sources in one place.
Sneaky leftist lawsuits are taking aim at US energy dominance
In a few months, Supreme Court justices will hear arguments in one of the most consequential energy cases in decades, Suncor v. Boulder County. Getty Images See more of our coverage in your search results. Add The New York Post on Google Midway through 2026, energy is the issue of the moment.
In Exxon’s Texas Move, Asset Manager Clout Eclipses Proxy Firms Original
Exxon Mobil Corp.’s shareholder meeting last week seemed to signal that the major asset managers have turned the page on progressive-leaning corporate activism. The same can’t be said for the proxy advisory firms that continue to lead many investment managers and pension funds astray. The oil and gas behemoth voted to move its legal home to Texas with 71.3% approval from shareholders.
Aloha State Lawsuits Push Radical Climate Agenda
For years, California was the poster child of environmental overkill. That distinction now belongs to Hawaii. About 2,400 miles away from the West Coast and with no oil fields of its own, the Aloha State depends on imports to fuel its tourism industry, run its grid and make everyday life possible. But Hawaii’s oil dependence hasn’t kept it from waging an all-out litigation war against energy companies.
JOHN YOO, MICHAEL TOTH: Aloha State lawsuits push radical climate agenda Original
Hawaii's sole refinery excluded from climate lawsuits and its executives donated to governor's campaign For years, California was the poster child of environmental overkill. That distinction now belongs to Hawaii. About 2,400 miles away from the West Coast and with no oil fields of its own, the Aloha State depends on imports to fuel its tourism industry, run its grid and make everyday life possible.
A Tax Break for Foreigners and Trial Lawyers
This may be the most perverse incentive of the U.S. tort system. Unruly Republic: Columnist Barton Swaim explains how the SPLC, climate groups and other outfits profit from nonexistent monsters. Photo: Steve Helber/AP/Mandel Ngan/AFP/Getty Images/Gina M Randazzo/Zuma Press America’s one-of-a-kind tort system generates many perverse incentives, but this one takes the cake: Foreign investors receive special tax treatment for financing lawsuits against American companies.
California is sacrificing its economic future on the altar of climate change
A Valero refinery in Benicia, California, US, on Monday, March 25, 2024. Valero Energy Corp. is expected to release earnings figures on April 25. Photographer: David Paul Morris/Bloomberg via Getty... California has long been America’s trendsetter. But even as the nation becomes energy self-sufficient, California is now leading the way in sacrificing its economy on the altar of radical climate change ideology. Once a leading oil producer, the state now imports roughly 75% of its crude.
California Is Sacrificing Its Economic Future on the Altar of Climate Change
California has long been America’s trendsetter. But even as the nation becomes energy self-sufficient, California is now leading the way in sacrificing its economy on the altar of radical climate change ideology. Once a leading oil producer, the state now imports roughly 75% of its crude. Last year, about a third of California’s energy imports came from the Middle East, up 22% from 2024.
The latest essay every day.
On October 16, 1978, Cardinal Karol Wojtyła, archbishop of Krakow in Poland, became the 264th pontiff to lead the Roman Catholic Church—a stunning selection for an institution that, beset by internal strife and tottering from the aftermath of the sexual revolution, had not selected a non Italian pope in four hundred years. Born in Poland in 1920, John Paul II (the name Wojtyła chose to commemorate his three immediate predecessors) was the first Slavic pope in the Church’s history.
The Future of Freight Rail in America
Overview Join Washington Examiner for a panel discussion on the proposed Union Pacific-Norfolk Southern merger. The Washington Examiner’s Bob Cusack, Executive Editor, will lead a panel discussion on the proposed Union Pacific–Norfolk Southern merger and what it could mean for supply chains, competition, and U.S. economic growth. Lunch will be provided! This event is designed to comply with Congressional ethics rules for widely-attended events.
Activist Local Governments Should Not Be regulators of Energy Markets
As the world economy grapples with the fallout of the war in Iran, lawfare by American climate activists threatens significant damage to the nation’s domestic energy industry — and with it national security. In the name of climate leadership, states are passing laws and filing lawsuits aimed at inflicting massive penalties on energy companies.
Activist local governments should not be regulators of energy markets
Activist local governments should not be regulators of energy markets (washingtonpost.com) Activist local governments should not be regulators of energy markets By John Yoo; Michael Toth 2026040710020400 As the world economy grapples with the fallout of the war in Iran, lawfare by American climate activists threatens significant damage to the nation's domestic energy industry — and with it national security.
Exxon Planned Texas Move Shows Delaware No Longer Corporate King Original
New Jersey-based proposed plan to reincorporate in Texas, announced Tuesday, is an inflection point in the state’s bid to dethrone Delaware as the nation’s hub for corporate registrations. Texas’ comprehensive overhaul of its corporate laws pulled the company to the Lone Star State. Unlike high-profile movers such as Tesla Inc. and Zynga Inc., Exxon wasn’t driven out of its home state by a protracted legal battle or another push factor.
Iran bombings: Congress must put Trump's powers in check | Letter
Michael Toth Letter to the Editor March 2, 2026, 2:58 p.m. ET Since taking office for his second presidential term, President Donald Trump has initiated the bombing of seven different nations without authorization from Congress. His latest incursion in bombing Iran is the most expansive of all of these.
State Courts Can’t Run Foreign Policy
The Supreme Court said Monday that it will review Suncor Energy v. County Commissioners of Boulder, a case testing whether state and local governments can sue oil and gas companies over alleged climate-related harms—effectively imposing their policies on the whole country. Suncor is also a golden opportunity for the justices to stop local officials from interfering with an industry critical to foreign and national-security policy.
Opinion | State Courts Can’t Run Foreign Policy
The Supreme Court agrees to take up a challenge to a Colorado lawsuit against energy companies. By John Yoo and Michael Toth The Suncor Energy oil refinery in Commerce City, Colo., Nov. 23, 2020. Rachel Ellis/Associated Press The Supreme Court said Monday that it will review Suncor Energy v. County Commissioners of Boulder, a case testing whether state and local governments can sue oil and gas companies over alleged climate-related harms—effectively imposing their policies on the whole country.
Opinion | Greenpeace Asks a Dutch Court to Reverse an American Verdict
A North Dakota jury ordered Greenpeace in March to pay pipeline company Energy Transfer $667 million for the environmental group’s rogue campaign to stop the Dakota Access Pipeline. Now, Greenpeace is trying to get a Dutch court to nullify the jury award, which the trial judge reduced to $345 million in October. Energy Transfer is asking the North Dakota Supreme Court to block the activist group’s attempt to end-run the U.S. legal system.
Until health care is fixed, expect more shutdowns Original
OPINION: Justice Antonin Scalia famously called it “SCOTUScare” when the Supreme Court rescued Obamacare in 2015. Today, the late justice might be grousing about “Shutdowncare.” Unless health care costs are brought under control, voters can expect a repeat of this fall’s budget impasse. Congressional Democrats are already signaling another shutdown if the Obamacare subsidies expire next month.
Opinion - Congress should make special education choice a legislative priority
Despite a well-intentioned federal law that provides baseline rights for parents of special needs children across all states, a stark divide has emerged in education opportunities for children with disabilities, based on whether they live in states with school choice. Students with disabilities in choice states have significantly more options than their peers in non-choice states. Congress needs to update the law to expand choice nationwide for students with disabilities.
Two successive events in New York are about to create a perfect storm that will wreak havoc on the city’s reputation as the epicenter of American business. Already business leaders are terrified of a fiscal blowout if the city elects self-described “democratic socialist” Zohran Mamdani mayor in November.
Trump and Wiles are like a new Madden and Summerall
Like President Trump or not, his second term is going much better for him than his first was. This time eight years ago, his presidency was in disarray, reeling from the Russiagate probe and the Senate’s rejection of ObamaCare repeal. That’s night and day from the current administration’s early victories from the tax-and-spending megabill, immigration and universal injunctions. Even European leaders and Ivy League universities are now heeding Trump’s demands.
Opinion - Trump and Wiles are like a new Madden and Summerall
Like President Trump or not, his second term is going much better for him than his first was. This time eight years ago, his presidency was in disarray, reeling from the Russiagate probe and the Senate’s rejection of ObamaCare repeal. That’s night and day from the current administration’s early victories from the tax-and-spending megabill, immigration and universal injunctions. Even European leaders and Ivy League universities are now heeding Trump’s demands.
GOP Tax Bill Will Uplift the Poor - Again
As the One Big Beautiful Bill Act (OBBBA) faces a critical test in the Senate, opponents are pointing to a Congressional Budget Office (CBO) analysis to claim that the legislation will disproportionately help the richest Americans. Dont buy it. The truth is that taxpayers at lower income levels are some of the biggest winners of the tax provisions in the reconciliation bill, to say nothing of the energy, education, and other policy reforms.
Bans on rent-pricing algorithms could backfire, lead to higher prices Original
by Michael Toth, Oregon Capital Chronicle June 24, 2025 The Pacific Northwest boasts natural splendors and world-class companies from Amazon and Microsoft to Nike and Columbia Sportswear. But a severe problem undercuts the region’s momentum: a deeply undersupplied housing market. Oregon and Washington need a combined1.6 million new housing units to keep up with demand. Driven by the housing shortage, home ownership is out of reach for 80% of Washington families.
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