Energy Realism this past week focused on the problems with fake climate solutions, with the one-sided media even getting in on the act. The great Marlo Lewis gets us started this week by outlining the obvious problems with the DOE’s new Federal Building Standards. The standards’ potential savings in building equipment costs are a drop in the bucket compared to the massive taxpayer burdens and liabilities created by the Inflation Reduction Act, to say nothing of the virtual energy taxes American households pay in higher energy costs due, in no small part, to the administration’s climate agenda. As Heather Reams points out, the Republicans are not at all against climate policy but are, in fact, leading the way on it. But, there is a right way and wrong way to advance American interests and reduce climate risks. Republicans are advancing solutions based on what America does best: innovating, producing goods and resources, and leading the world. But greens and climate zealots continue to advance false solutions, such as ESG. Timothy Doyle explains exactly what ESG is, especially becoming a problem in the era of greenwashing. And why it will not take over for natural gas, there are good hydrogen opportunities to reduce emissions. Alaskan Governor Mike Dunleavy wants his state to be a global leader in hydrogen. Hydrogen demand is set to skyrocket. Alaska is in a great position to accelerate commercial-scale clean hydrogen production and capture an outsized portion of the market. Robert Bryce wraps all of this up by looking at PBS’ new series “Energy Switch.” One of the reasons why our discussions about energy and climate policy are so shallow is simple: we do not get to hear many real debates about the issues. Instead, we are bombarded by narrowly focused messaging from NGOs, trade groups, and activists pushing agendas that will perpetuate their favored industries. In the News Gizmado Futurity Phillips Payson O'Brien, The Atlantic Azer News FT Anmar Frangoul, CNBC Fiona Harvey, The Guardian IEA Bill McKibben, The New Yorker Irina Slav, Oil Price Robert Bryce, RealClearEnergy Seth Wynes, S.A. Zach Bright, Bl Zeina Moneer, MEI You Xiaoying, China Dialogue DW News Germany is one step closer to ending its reliance on Russian gas after a huge ship containing liquified natural gas arrived at the port of Wilhelmshaven on the North Sea. It is a key... CNBC Paul Sankey of Sankey Research on where oil is headed next. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Michael Contopoulos and Guy Adami. |