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 Adam Olsen, RealClearEnergy Robert Bryce Axios Robert Hebner, RealClearEnergy Ross Pomeroy, RealClearScience Leonard Hyman & William Tilles, Oil Price MSN Rachel Frazin, The Hill Thomas Catenacci, Fox News Marlo Oaks, Todd Russ, WSJ Brian Silvestro, Road & Truck API Reuters Ben Westcott, Bloomberg Marlo Lewis Jr., CEI 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.' 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... 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... 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... 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 ... 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. 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... |