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10/3/2023

Energy Realism this past week hit on the shadyness of our most vital energy regulator, and why we must seek real climate solutions to reduce emissions. For some, climate change has become a money grab, and we energy realists must push back with all our strength. 

The legendary Kevin Mooney got us started last week: the tricks from a clearly partisan FERC continue. Go in search of official documentation naming who is charge of FERC and those records will prove to be elusive. In fact, court filings show that at least until recently the commission itself claimed could not locate those records. This great and secret show from FERC is a really big problem: we do indeed need FERC as we try to implement a more sustainable energy complex. As Michael Curley points out, we need the U.S. Congress overall to help us get to where we want to go on energy and climate. Again, as we frequently bring to light, cutting emissions and becoming more sustainable is not a race to “install as much wind, solar, and electric cars” as possible. This obviously cannot be true since fossil fuels so overwhelmingly supply 80% of our energy. Greens must come to grips with the fact that realistic energy-climate policy demands a wide suite of options to reach our goals. Mahesh Ramanujam makes the case for carbon offsets. In a perfect world, offsets and credits wouldn’t be necessary, but until we live in that world, it’s up to us to responsibly incorporate them into every zero emissions plan. 

We surely do know what isn’t working: climate lawsuits from “green groups” trying to destroy the very companies that provide the energy that sustains our economy and way of life. David N. Taylor looks at those zealots now coming after all-important Pennsylvania, our second largest natural gas producing state (after Texas). There’s a reason why climate lawsuits haven’t been successful to date. Pennsylvania employers and lawmakers should stand up to the outside interests that are trying to undermine our economic progress, energy security, and consumer choices. Our Essential Reading then must come from the University of Pennsylvania. There is unending evidence of just how beneficial shale gas development in The Keystone State has been for its people and businesses. Low cost shale gas can continue to lead to more economic development and jobs. Pennsylvania ultimately signals what could be for the U.S.: more low cost energy and less imports. California, New York, and the New England states should be taking notes. 

In the News

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The Biden Administration's Flip Flop on Mining Policy Is Foolish

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Britain Allows North Sea Oil Field, Despite Climate Worries

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Brussels Ruling Net Zero: A Risk to Democracy

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Pizzeria Bashes NYC’s Ban on Coal, Wood Ovens

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Are EVs Really Better for the Environment?

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UK Delaying Switch to Electric Cars. Automakers Are Furious

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Surging Oil Prices Good News for Putin

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Biden EPA Invited Green Groups to Chat About $20B Fund

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Kerry & Birol: The Altar of the Green Gods

Tilak Doshi, Forbes

Biden: $1B in Grants to Combat Enviro Injustice

Shirleen Guerra, Center Square

Anti-ESG Investing

Robert Armstrong, Financial Times

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