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1/31/2023

Energy Realism this past week hit the massive divisions in energy policy and why affordability must be the centerpiece consideration. We are seeing this play out in real-time, more expensive and less reliable renewables and electric cars are more of a train wreck than a climate panacea. 

Our Senior Fellow Rupert Darwall got us started: ESG and anti-market ideology is a growing presence among some conservatives. This month, conservative critics of environmental, social and governance (ESG) investing had something of a surprise – an almost-simultaneous attack on their views from both Left and Right mounting remarkably similar arguments. A huge part of the ESG love affair, of course, is the obsession over highly expensive and hardly “clean” electric cars. Duggan Flanakin makes clear that rosy predictions for purchases are simply impossible to ever pan out. It truly is a numbers game in favor of oil-based cars, and just check what is now happening in Wyoming, where the pushback on EVs is likely to serve as an example for others. What is clear is that electrification is a technology chosen by politicians, not by industry. 

And as explained by Ben Lieberman, we also see a Red-Blue state division on natural gas equipment, such as stoves, water heaters, and furnaces powered by our second most important fuel. There’s no doubt that the Biden Administration is fully on board with the “climate activist” community’s war on the natural gas industry. But this is really an attack on the poor and less well-off the most, with absolutely no “climate benefits” whatsoever. Gas equipment is far cheaper than those running on electricity. Indeed, Vijay Jayaraj exposes the hypocrisy of the anti-fossil fuelers who devour huge amounts of fossil fuels every day yet somehow still publicly oppose them. They surely are utterly ignorant of the extent to which their lives are dependent on fossil fuels. They surely do not know that more than 90% of things used in their lives are derived from fossil fuels? Our Essential Reading of the week must then come from the Cato Institute’s most accurate report: “How Fossil Fuels Saved Humanity from Nature and Nature from Humanity.”

In the News

America Needs the Willow Project – The Biden Administration Should Approve It

Clarence ‘Bud’ Albright, RealClearEnergy

Joe Biden's Opposition to Natural Gas Hits Home

Ben Lieberman, RealClearEnergy

Governor DeSantis Further Prohibits Woke ESG

Ron DeSantis

How Conservatives Can Get ESG Right

Terrence Keeley, National Review

U.S. Coast Guard: Freeport LNG Addresses Requirements

Nasdaq

Swing: Germany’s Public Now Favors Nuclear Power

Alex Kimani, Oil Price

Jane Fonda Links the 'Climate Crisis' to Racism

Cortney O'Brien, Fox News

Gas Futures Drop 5% to 19-Month Low on Less Cold Forecasts

Yahoo Finance

Secretary of Energy Says LNG Exports Helpful to Allies

YN

Clean Energy Gains in India, But Coal Still Rules

Sibi Arasu, AP

U.S. LNG Helps Save Europe

Lindsay Schneider, RBN Energy

Energy Shortages: Britons Paid NOT to Use Electricity

Peter Caddle, Breitbart

Joint Ford-China EV Battery Plant Contrary to U.S. Interests

Diana Furchtgott-Roth, Daily Signal

Michigan Is Trying to Shut Down Canada's Enbridge Line 5

Leana Hosea, BBC

U.S. Surpassing Russia as Europe's Top Energy Supplier

Nate DiCamillo, Quartz

Multimedia

On Climate Change: Let's Be Honest

Chris Wright

Five commonly used words around Energy and Climate that are both deceptive and destructive: climate crisis, energy transition, carbon pollution, clean energy, and dirty energy.

GOP Lawmaker Says Biden 'Abused' the Country's Oil Reserves

Fox Business

Rep. Adrian Smith, R-Neb., discusses the Republicans' response to the debt limit, Fed Gov. Brainard's response on high interest rates and the Republicans' SPR bill.  

What Is Greenwashing?

BBC News

Sustainable, eco-friendly or ethical - the terms are everywhere in advertising but what do they actually mean?  

GRETA: 'Absurd That We Listen to Those Causing the Climate Crisis'

Guardian News

Greta Thunberg joined a panel of climate activists in Davos to debate the environmental crisis with the executive director of the International Energy Agency.   

Marc Short Breaks Down 'Insidious' Part of ESG Agenda

Fox Business

Marc Short, former chief of staff to VP Pence, discusses the fallout from classified documents being found at Biden's think tank, Rep. Kevin McCarthy's speakership role and JPMorgan ...

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