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….
When the Wind Doesn’t Blow . . . Coal Steps In
The United Kingdom’s growing reliance on renewable energy may be setting it up for electricity shortages. For two days (Nov. 4 and 5), the UK ‘s margin of electricity was dangerously low, says John Constable of the Global Warming Policy Forum. The National Grid (which manages supply) had to bring in one of the country’s…