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4/18/2023

Energy Realism this past week looked at fake green dreams versus real energy solutions that could lower emissions affordably. For example, it is no exaggeration to say that the electric car obsession could easily end up as the most expensive and disastrous energy policy blunder in the history of the U.S.  

Heather Reams got us started: those of us who live in the lower 48 states may not realize that the U.S. is actually an Arctic nation thanks to Alaska, and that the Arctic region is central to our country’s energy independence and national security. This is especially true for the oil and gas that meet 65% of total U.S. energy demand. “Alternatives” to these irreplaceable fossil fuels are, in reality, far more “supplemental” than alternative. Frank Lasee looks at the ridiculously expensive dream of getting green hydrogen from part time resources wind and solar. The climate alarmists though never let physics get in the way of their child-like green fantasy of averting climate doom with endless amounts of renewables and electric cars.

Indeed, as we just saw this past week, the Biden administration is going full “we’re gonna shoe horn this EV market into the economy at all costs,” even if it is provably a reverse Robin Hood that hurts low-income Americans and communities of color the most. Duggan Flanakin, however, does  offer up some good news for us energy realists. Finally, it seems that even the unrealistic Europeans are pushing back on the EV nightmare. You may not know it if you rely solely on American media, but there is a growing revolt across much of Europe against net zero mandates in general and EV mandates in particular.

Brian Gitt also gives us energy pragmatists some much-needed hope. Nuclear power is an energy solution that greens simply must embrace. Not just cleaner, nuclear is our most reliable source of energy. Small modular reactors are really the “green” technology that we should be investing in the most. Lest we forget, Europe’s premature shutting down of nuclear plants is exactly what allowed Putin to pounce. Predictably, the Europeans still seem incapable of learning from it. Our Essential Reading this week then must come from Fritz Vahrenholt and his great wakeup call for our own politicians here in the U.S. Germany has the highest energy prices in the world and is the perfect example of what NOT TO DO when it comes to energy and climate policy. 

In the News

What to Know: EPA's Stringent Car Emission Rules Proposal

Camila Domonoske, NPR

G-7 Nations Tussle to Phase Out Coal Power by 2030

Jennifer A Dlouhy, Bloomberg

Not Ruling Out U.S. Cancellations as LNG Floods Europe

Jamsion Cocklin, NGI

LNG Imports Test EU Resolve to Quit Russian Fossil Fuel

Reuters

Stiff EPA Emission Limits to Boost U.S. Electric Vehicle Sales

AP

China Doubles Down on Coal Ahead of Potential Summer Blackouts

Reuters

State Courts Are No Place for Climate Lawsuits

Donald J. Kochan, The Hill

U.S. Solicitor General Flip-Flop on Climate Change

Todd Rotika, Newsweek

California's Cautionary Clean Energy

Rea S. Hederman, Jr., Will Swaim, RCPolicy

Onsite Nuclear Provides 24/7 Clean Power

Brian Gitt, RealClearEnergy

ChatGPT’s Carbon Footprint Is an Opportunity for Ambitious Cities

Cassandra Shand, RealClearEnergy

Citi Bucks the Bullish Trend, Bets Oil Prices Will Fall

Irina Slav, Oil Price

Top 25 Oil Producing Countries in the World

Yahoo Finance

Progress on Phasing Out Coal Weighed Down By China

Cyrielle Cabot, France 24

Tesla Solar Crushed By Revised Incentives in California

William Johnson, Teslarati

Multimedia

Biden's EV Push: EPA Set to Propose Strict New Auto Pollution Limits

CNBC Television

Brad Lander, New York City comptroller, and Vivek Ramaswamy, Strive Asset Management co-founder, join the show to discuss the White House's electric vehicle push.

Eric Nuttall (Ninepoint Energy Fund) - $100 Oil, Dividends vs. Buybacks & Why EMT Is Wrong

Rose Bros

Greetings, & welcome back to the rose bros podcast. This episode we are joined by Eric Nuttall - partner and senior portfolio manager with Ninepoint Partners and the Ninepoint Energ...

Energy Demand in Focus: Williams CEO on Natural Gas Prices

CNBC Television

Alam Armstrong, Williams CEO, joins CNBC's "Squawk on the Street" to discuss natural gas prices and what could boost the market.

Dennis Quaid Delves Into U.S. Power Grid Vulnerabilities With Jesse Watters

Fox News

Actor Dennis Quaid sounds off on 'Jesse Watters Primetime' about his 'Grid Down, Power Up' documentary. 

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