Energy Realism this past week looked at hardening and improving the grid, while exposing how taxpayers are unfairly funding the progressive energy plan. Rich Nolan got us started last week: the green obsession with higher cost and less reliable energy resources is setting us up for catastrophe. The nation’s electric grid experts and operators now work in a constant state of emergency. There’s little if any respite in the change of seasons. Fears of soaring electricity demand overwhelming power supplies during searing summer heat are now matched by an equally unnerving fear millions will be left shivering in darkness during the coldest days of winter. The question is no longer will there be rolling blackouts or grid emergencies but rather when or where. Thomas Coleman makes the exact same point: the U.S. has not adequately invested in or enacted policies necessary to upgrade and expand the system responsible for carrying power to consumers. Policymakers must elevate strengthening the transmission system to an issue of national priority, as we noted in our new report. American lives, security, and prosperity depend on it. Greens even oppose nuclear, which is our most reliable source of energy. RJ Roux and Yael Ossowski explain why energy-climate policy must focus on nuclear. Energy investors, customers, and even green politicians should have every reason to love the atom. Nuclear energy is safe, clean, and reliable for decades. It produces no emissions and produces tens of thousands of good jobs for generations. But the Biden administration inexplicably continues to focus on bolstering its green friends. Larry Behrens looks at how taxpayer bailouts are pushing the administration’s green dreams. The problem is quite clear: the White House put a political operative in charge of what is nothing more than a political fund. For Barack Obama, they were too big to fail, but Joe Biden is taking it further: his green boondoggles are “too favored to fail.” This brings us to our Essential Reading this week: Joseph Toomey confirms that the goal is higher cost fossil fuels to force the switch to renewables and electric cars, all part of the progressive energy plan. This has been disastrously exposed by Putin’s war in Ukraine that has shocked Western energy inflation and proven “alternative” energy as far more “supplemental.” In the News Vijay Jayaraj, RealClearEnergy Tsvetana Paraskova, Oil Price Saman Rizwan, RealClearEnergy Curtis Williams, Reuters Charles J. Murray, Chicago Tribune Josh Siegel, Politico Jock Finlayson, Asian Pacific Post Irina Slav, Oil Price Steve Bonitatibus, Center for American Progress Tsvetana Paraskova, Oil Price Jason Plautz, E&E News Simon Jessop, Reuters Nick Pope, Daily Caller Sean McLain, WSJ Mariella Moon, Engadget SavageGeese We revisit the all-electric Mustang Mach E SUV to discuss the changes and problems with the car. While there are many great things to come from electric vehicles, forcing and rushing... CarEdge EVs simply aren't selling. Has the EV hype train finally run out of steam? Or is this just a momentary bump in the road? Either way, EV inventory is building up once again all over t... RealClearEnergy Christyan Malek, global head of energy strategy and head of EMEA oil and gas equity research at JPMorgan, discusses oil market volatility and the outlook for energy demand. CNBC Television Cyrus Beschloss, The Generation Lab founder, joins 'Squawk Box' to discuss data from the 'Money & Youth in the USA' poll conducted by CNBC and Generation Lab, how young people feel a... |