View this email in your browser
5/23/2023

Energy Realism this past week looked at New York’s love for bad energy policy, and why our country needs much more energy production, not less. 

Sarah Montalbano got us started last week: the attack on direct natural gas usage in buildings is very expensively bad energy-climate policy. Hey New York, the problem is, natural gas bans are unlikely to work, and in the meantime, they restrict consumer choices and jeopardize the innovation that has led the U.S. to cleaner, safer technologies. This is a perfect segue to our Essential Reading this week from Robert Bryce. New York has a troubling long history of hurting consumers by insisting on much higher energy prices. And do not forget that natural gas is easily New York’s main source of electricity, at 45% of all generation. In fact, homeowners and businesses in northeastern states face natural gas shortages, plus rising electricity and gas prices, thanks largely to repeated efforts by New York regulators to delay or deny the approvals necessary to build new pipelines. No wonder New York and the other anti-energy Northeast states rival California as having the highest electricity prices in the country. New York, of course, is always ranked second to last in “best states for business,” behind only sadly disastrous California, namely because of such short-sighted energy policies and high prices.

We all know what New York replaced Indian Point Energy Center (a three-unit nuclear plant just outside NYC) with: you guessed it, natural gas. The U.S. has closed 11 nuclear reactors since 2013, with another eight of the 94 remaining reactors scheduled for decommissioning by 2025. Duggan Flanakin looks at the case of nuclear power, and why the U.S. could learn a lot from Italy’s return to, what truly is, our cleanest and most reliable energy resource. But no, most of the ESGers non-sensically oppose nuclear. Ken Braun argues that “woke” corporations like Facebook looking to “do the right thing” on climate should actually be turning more toward nuclear and less toward land-devouring wind and solar. Bitcoin mining is another industry under “climate scrutiny” for its immense usage of energy. Eric Peterson wants the Biden administration to be a leader in Bitcoin and the great need for more energy production. The U.S. must look to increase electricity generation, not just to power Bitcoin miners, but to power the next wave of innovation such as electric vehicles, wearable technology, and artificial intelligence. 

In the News

Why U.S. Companies Should Care About European ESG Reporting Regulations

Adam Olsen, RealClearEnergy

EPA v. The Grid

Robert Bryce

Gas-Powered Cars Won't Die Off Any Time Soon

Axios

Hydrogen’s Scalability Essential to Meet Energy Demand

Robert Hebner, RealClearEnergy

Coal Mines Turned Into 'Batteries' for Energy Storage?

Ross Pomeroy, RealClearScience

Will EPA's New Power Emissions Rule Matter?

Leonard Hyman & William Tilles, Oil Price

Too Woke? Former SVB CEO

MSN

Climate: Biden Counting on Two Little-Used Technologies

Rachel Frazin, The Hill

Dems Cashing in on Fossil Fuels Despite Climate Agenda

Thomas Catenacci, Fox News

A Historic Breach of Fiduciary Duty

Marlo Oaks, Todd Russ, WSJ

Best Luxury Electric Cars for 2023

Brian Silvestro, Road & Truck

Pennsylvania’s Natural Gas, Oil Provide $75B in Benefits

API

Germany Scales Down LNG Terminal Plans as Supply Crisis Eases

Reuters

Australia Approves New Coal Mine After Climate Pledges

Ben Westcott, Bloomberg

EPA’s Almost Bare-Naked Electric Car Mandate

Marlo Lewis Jr., CEI

Multimedia

'Political Suicide:' O'Leary Roasts John Kerry for 'Tone-Deaf' Climate Remarks

Fox Business

O'Leary Ventures Chairman Kevin O'Leary reacts to John Kerry targeting the agriculture industry in his latest green energy push on 'The Big Money Show.' 

How Much Energy Will the World Need?

PragerU

Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manh...

Prince William on Climate Change: The Most Consequential Decade in History

The Earthshot Prize

“We must harness that same spirit of human ingenuity and purpose" - in his 2020 speech for TED, Prince William shared a message of confidence that we can work together to combat clim...

Inconvenient Truth: 32 Climate Predictions Proven False

Facts Matter with Roman Balmakov

Climate change refers to long-term shifts in temperatures and weather patterns. Such shifts can be natural, due to changes in the sun’s activity or large volcanic eruptions. But is t...

OPEC Has Clearly Signaled Price Support, Says U.S. Commodity Fund's John Love

CNBC Television

John Love, president and CEO of United States Commodity Fund, joins 'Halftime Report' to discuss trading oil funds, swings in commodity prices, and changes in natural gas supply and ...

Oil Remains in Range… But Has Natural Gas Slide Bottomed Out?

CNBC Television

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.  

'FOX News Sunday' Panel: House Republicans Continue Hunter Biden Probe

Tim Hains, RealClearPolitics

Gillian Turner, Richard Fowler, Karl Rove, and Cal Thomas join FNC's Shannon Bream for a "FOX News Sunday" panel discussion on the House Oversight Committee's probe into the Biden fa...

Manage/Unsubscribe from Newsletters  

You are receiving this email because you signed up to one of RCMG newsletters. 
Copyright © 2023 RealClearHoldings, All rights reserved. 
 Unsubscribe to ALL Newsletters 
RealClearHoldings
666 Dundee Rd Ste 600
Northbrook, IL 60062-2733

Add us to your address book