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10/27/2020

This week at Energy Realism, we asked why some policymakers are proposing energy plans that would increase prices, hurt low-income Americans, and reduce reliability – and just as U.S. energy demand might be ready to grow dramatically.

Susan Bodine documents how President Trump’s EPA has been working hard to protect community health, ensure a level playing field for American businesses in the global economy, and protect the environment. Increasingly at odds with Trump’s EPA, California might not be the climate leader it portrays itself to be. The state has been repeatedly warned about potential energy shortages, largely because leaders want to shut down more reliable gas plants in favor of intermittent solar power. Daniel Kolkey reports on how this year’s record-breaking fire season demonstrated why California must take a more pragmatic approach toward addressing climate change. Robert Bryce identifies another problem with California’s climate-energy policies: they penalize vulnerable citizens the most.

Unfortunately, many in Pennsylvania want to follow the flawed “California model” of more regulation and higher prices. Kevin Mooney points out how the state’s climate policies could severely hamper its shale-gas boom, upping costs and degrading reliability. Now is surely not the time to go backward: natural gas currently supplies 40% of America’s power generation. Realism also summarizes a National Renewable Energy Laboratory study on how U.S. electricity demand could drastically rise under the Democrats’ environmentally motivated push for electrification across sectors. More electric cars, for instance, could help surge U.S. power demand by 65% by 2050 – making an all-of-the-above energy strategy even more essential.

In the News

How Biden Will End Fracking Without a Ban

Steve Milloy, The Wall Street Journal

Less Carbon, More EVs: Automakers Prepare for Biden Win

Reuters

Biden-Harris Think Renewables are Carbon-Free

Institute for Energy Research

ESG Thrives in Pandemic But Amplifies Growth-Value Split

Mike Dolan, Reuters

New Rule Stops Pension Managers From Blind Support

Burchell Wilson, Townhall

GE Plans to be Carbon-Neutral by 2030

Staff, Power Engineering

Miners Feel Investor Heat

Tess Ingram, The West Australian

US Leads the Way in ESG Skepticism

Jeff Schlegel, Financial Advisor IQ

Don't Blow It: Pennsylvania Must Keep Pro-Shale Energy Policies

Kevin Mooney, RealClearEnergy

Bank of England: Disclosures on Climate Risks Mandatory

Huw Jones, Reuters

BlackRock: Less Requests for Climate Disclosures

Lewis Braham, Barron's

‘Do-Good’ Investing Rule Gets White House Review

Jaclyn Diaz, Bloomberg Law

Glencore Dismisses Coal Divestment as Pointless

Neil Hume, Financial Times

The Games Proxy Advisors Play With Retirement Security

Ken Blackwell, The Patriot Post

Biden Stuck Between BlackRock and a Hard Place

Jo Harper, DW

Multimedia

Trump vs. Biden: How the Stock Market Could React to the 2020 Election

TD Ameritrade

The economy is on the ballot in November, and the 2020 presidential candidates offer different visions for it. So, what could the winner mean for your portfolio?

ConocoPhillips CEO on How $9.7 Billion Concho Deal Could Help ESG Strategy

CNBC Television

ConocoPhillips announced Monday morning it will buy rival producer Concho Resources in an all-stock transaction valued at $9.7 billion. ConocoPhillips Chairman and CEO Ryan Lance joi...

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