Energy Realism this past week divulged the ESG fantasy that pushes expensive and unreliable green energy to make people poor. Our great Senior Fellow Rupert Darwall gets us started this week: in the wake of the Russian invasion of Ukraine, we are finally and thankfully seeing strong pushback on ESG, which we have already shown has more holes than Swiss cheese. When it comes to corporate governance and the climate obsession, it is high time to end talk about existential crises to be addressed with extraordinarily costly measures that make people poorer, weaken national, and economic security and, instead, turn attention to tackling soluble problems with positive solutions. Indeed, Vance Ginn and Jason Isaac explain a “green agenda” from powerful banking institutions that forces companies in which they have significant investments to bend the knee to their big-government political ideology, such as complying with the Paris Climate Accord. Sadly, the result of this virtue signaling to prop up unreliable wind and solar comes at high costs for little benefits—if any benefits at all. And more than hemorrhaged taxpayer dollars are at stake: this green energy agenda increases poverty. We must stop the green dream (err, nightmare). And in any event, greens should be pushing for more domestic mining to build the wind, solar, and electric car technologies that they obsess over. Jaak Daemen looks at how Europe is now taking the lead in mineral security, all while the Biden administration continues to block the very mining projects required for his “energy transition.” Manochehr Dorraj argues that “energy security” is ultimately not realistic in a world of interdependence, especially for fossil fuels. And renewables are a long way off from doing anything to change that. Unfortunately, the “science” that we keep hearing about is scaring young people into not wanting to have kids. Elijah Gullett wants the latest IPCC report to give us home, not panic. We must resist the greens’ highly insidious climate doomerism at all costs. Our Essential Reading this week then examines how climate catastrophism is joining the list of Lysenkoism, where real science has become irrelevant in the name of government wanting to show a particular scientific outcome. In the News Mark Wolfe, The Hill Arianna Skibell, Politico Peter Rawlins, Top Gear DW David Lawder, Reuters Emily Peck, Axios John Ainger, Bloomberg Luis Garcia, WSJ Reuters Warrick Matthews, RealClearEnergy Jatin Shah, RealClearEnergy Robert Bryce Jaak Daemen, RealClearEnergy Elijah Gullett, RealClearEnergy Derek Scissors, RCWire David Blackmon In Episode 32 of The Energy Question, David Blackmon interviews Amir Adnani, the CEO of Uranium Energy Corp. UEC is the largest, diversified, United States-focused uranium company. U... Energy News Beat Congressman Martin Frost stops, and we talk about energy and bipartisan solutions for energy. Congressman Frost served 26 years as a Congressman from the 24th District of Texas (Dall... CNBC International TV Wells Fargo Securities Macro Strategist Erik Nelson discusses oil prices and the impact of lower wages on the Federal Reserve's decision-making process. Bloomberg Television Williams President and CEO Alan Armstrong says he is hopeful on permitting reform and the company is investing in storage. He also discusses natural gas pipelines and clean water act... Net Zero Watch When the world’s richest entrepreneur says wind and solar will never work, it’s probably time to listen. John Stossel All big companies now require "DEI" training for employees, but studies say that often BACKFIRES. |