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4/11/2023

Energy Realism this past week looked at potential fossil fuel alternatives and what it will take to fully incorporate them. Earth to greens: get your shovels ready. 

Rick Whitbeck got us started this past week: on all fronts, Alaska is essential to U.S. energy security. Whether it be minerals for more wind, solar, and electric cars, or the huge amounts of oil and gas still required to run our economy, hopefully the Biden administration understands how this great land has so much to offer. Indeed, we need policies to lower energy prices, not ones to increase them. David Holt looks at the opportunities that really do exist for us. Last year was the latest in a string of bad years for energy proposals. Before we continue down this path, it is time to add a healthy dose of reality to the national conversation about energy and environmental policy. 

Most of us agree that more nuclear will be key for a reliable and clean energy system. The opposite of unreliable wind and solar, of course, nuclear power is our most dependable source of energy. Why do greens ignore this? Warrick Matthews examines fusion energy. Fusion is not a silver bullet; the path to net zero will be comprised of a portfolio of technologies. A complete energy transition, however, cannot be achieved without fusion power – a transformative, global source of limitless, clean, and safe energy.

But the true problem for greens on developing alternatives, often the very energy systems that they demand that we focus on like wind and solar, is that permitting issues are blocking progress. Reps. Pete Stauber & Dan Newhouse give us an update on H.R.1. The Lower Energy Costs Act updates our broken permitting process to actually let Americans mine, farm, manufacture, process, and build infrastructure so we can get shovels in the ground and move this country forward. Harrison Godfrey agrees, and he explains why bipartisan support must focus more on critical mineral development. We obviously then must close with an Essential Reading from the World Bank that outlines just how mineral intensive the “energy transition” is going to be. The great Mark Mills says it best: we better get ready to dig.

In the News

Putin’s Power Play to Bully Europe Collapses

Ben Wolfgang, Washington Times

Putin Pushes Russian Oil Exports to Record High

Telegraph

Other Than Tesla, Who Is Selling Lots of EVs?

Jonathan Gitlin, Ars Technica

Rural America Needs Permitting Reform

Pete Stauber, Dan Newhouse, RealClearEnergy

The Abundance Agenda: Energy, the Master Resource

Richard Morrison, Discourse

Emerging Markets Grapple With Rising Solar Costs

Oxford Business Group, Oil Price

John Catsimatidis: OPEC Move Will Trigger 10-15¢ Gas Hikes

Jerry Rogers, RCWire

Here’s What Is Really Behind OPEC+ Cuts

Isabel Wang, MarketWatch

Life After Climate Change

Mark Antonio Wright, National Review

Half U.S. Coal-Fired Power to Be Phased Out By 2026

Max Graham, Grist

Biden Promises Lifeline to Coal Communities

Robin Bravender, E&E News

Energy Prices Rise May Trigger a Recession

Ariel Cohen, Forbes

Biden Nominee Wants to Ram Through Climate Agenda

Thomas Catenacci, Fox News

European Power Prices Rise on French Strike Extension

S&P Global

The EU’s LNG Strategy

Frank Umback, GIS

Multimedia

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Bloomberg Television

Amrita Sen, the chief oil analyst at Energy Aspects, says that the second half of the year was going to "very bullish," pushing oil to $100 as long as the global economy was resilien...

OPEC's Surprise: Oil Prices Surge Following Production Cut

CNBC Television

Former Sen. Heidi Heitkamp, CNBC contributor; Former New Mexico Gov. Bill Richardson; and Dan Yergin, S&P Global, join the show to discuss OPEC's surprise oil production cut. 

Who Killed the Electric Car?

Steve Todey

During the BAIL OUT I cut the movie "Who Killed The Electric Car" to 6 mins to share it with friends and family who might not take the time to watch the whole film. You should really...

How ESG Ensures Economic Collapse

The Heartland Institute

In this video, Paul Watkins explains how we are funding our own economic demise as we pursue the tenants of the ESG economic model.  Ideals such as net zero policies and divestment f...

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