Whether it is Covid-19 or climate change, we keep hearing that we must “follow the science.” With Covid-19 it’s evident that we need to be wary. The science can change as we learn more. One day the science tells us the virus rests for hours on surfaces; the next day we learn that it is…
Oops! Maybe Biden Can’t Cut Back on Oil and Gas Drilling, After All
Sweeping election promises are easy, especially when the media don’t examine them. But once the election is over (or nearly over), the truth starts coming out. Juliet Eilperin and Dino Grandoni write in the Washington Post that, yes, last February Biden told a New Hampshire town hall: “And by the way, no more drilling on…
The Coming Green Disaster
With Trump out of the way, the green movement may be unstoppable. Joel Kotkin explains in Real Clear Energy. “The real power of the environmental movement derives from those who occupy ‘the commanding heights’ of our society—at the corporate, media, and academic realms. Though arguably not holding views as economically ludicrous as AOC’s, mainstream corporate…
Biden Plan Tosses Out Energy Independence, Compromises Freedom
Rupert Darwall on the “green” policies of Joe Biden: “The U.S. has just achieved energy independence – a goal sought by every president since Richard Nixon. Those economic and strategic advantages will be thrown away by a Biden administration as it moves to outlaw domestically produced oil and gas in favor of vast quantities of…
Once Again, the New York Times Overstates the Impact of Climate Change
On November 10, The New York Times wrote:”[T]here is broad agreement on one thing: Global warming is changing storms.” And, “there’s a solid scientific consensus that hurricanes are becoming more powerful.” No, says Sterling Burnett at Climate Realism: “In the story, the Times substitutes speculation by a few climate alarmists for facts.” “The 2020 hurricane…
Biden May Reinstate Regulations Trump Got Rid Of
David Blackmon at Forbes describes likely impacts on the oil and gas industry. He writes: “Those likely executive order reversals include: Re-entry of the United States into the Paris Climate Accords; Re-entry of the United States into the Obama-era Iran deal, which would free up Iran to dramatically increase its exports and potentially impact crude prices;…
Be Wary of ESG Investing, says the Financial Times
There’s a growing interest in “ESG” investing. Big pension funds and others are investing in companies that give high priority to environmental, social, or governance goals. Do these goals sound vague? They are. Nevertheless, many argue that eliminating “harmful” companies in one’s portfolio and favoring those that are”doing good” can lead to financial success. Indeed,…
