Energy Realism this past week wrecked the dreams of net zero and showed why renewables are clearly not as popular as greens love to proclaim. David Hill & Jeffrey Kupfer get us started with their explanation of the Solyndra debacle and the obvious problems of picking energy winners and losers with policy. There are surely lessons to be learned from this infamous case, and the Republicans now controlling the House must learn them. Indeed, while to be fair that renewables have their advantages, oil and gas will remain nowhere displaceable at scale. Luis Fleischman looks at Joe Biden’s risky oil deal with Venezuela. If the Venezuelan regime takes further steps in the negotiations and displays goodwill, future sanctions may be relieved. And no matter what, we have to produce more of EVERYTHING here at home. And that surely centers on more mining. J. Peter Pham wants urgency for more domestic mining, or we risk losing out to China. The mining approval process simply has way too many hurdles and takes too long. Joe Biden should know that we must change that to have any chance of meeting his administration’s energy and climate goals. And the public pushback on land-devouring renewables is getting stronger than most green dreamers realize. Bonner Russell Cohen examines a small town in Illinois struggling to accept a giant solar farm that, per usual, will require gigantic swaths of land and intrude on people’s lives. The “limitless amounts of wind and solar” required to meet “net zero” are simply not practical and will continue to rub up against the wishes of the American public. Jason Isaac blows up the net zero fantasy. Advocates are ignoring the devastating impacts that such energy unrealism will have on people. Net zero is code for an obsession with higher cost, less reliable energy. Greens ignore that fact that such expensive energy hurts the poor, while affordable and reliable energy has the power to lift billions out of poverty. Recognizing the value of fossil fuels then, our Essential Reading explains why we need a World Bank committed to funding energy prosperity and economic growth. Essential Reading Batt Odgerel, The Energy Policy Research Foundation Coal-based China has emerged as the key player in the LNG market over the past decade. China’s prowess will have profound impacts for other LNG market players, namely Europe as it tries to drastically decrease its reliance on politically risky Russia. China has already shown a willingness to pay more for energy.. In the News Petra Sorge, Bloomberg Robert Rapier, Forbes Steve Naumann, PoP BBC Michael Lynch, Forbes Alex Kimani, Oil Price David Wojick, CFACT Luis Fleischman, RealClearEnergy Bonner Russell Cohen, RealClearEnergy J. Peter Pham, RealClearEnergy Jason Isaac, RealClearEnergy The Dilenschneider Group, Inc. Heather Reams, RealClearEnergy Graham Copley, RealClearEnergy Francis Menton, Manhattan Contrarian CNBC David Kelly of JPMorgan asset management, Jim Caron of Morgan Stanley Investment Management, and Cameron Dawson of NewEdge Wealth join 'The Exchange' to discuss the latest Fed rate d... FOX 29 PHILLY The death was the seventh in a little over a month. The spate of fatalities prompted an environmental group and some citizens groups opposed to offshore wind to ask President Biden e... Acoustical Society of America When an offshore wind farm pops up, there is a period of noisy but well-studied and in most cases regulated construction. Once the turbines are operational, they provide a valuable s... Tellurian Inc. How do you finance a project like Driftwood LNG in today's environment? Executive Chairman Charif Souki walks you through the numbers. CNBC Television Former FERC chairman Neil Chatterjee discusses whether Europe is really out of the woods with its energy crisis, and why nuclear power isn't being considered more as a feasible alter... |