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11/10/2020

This week, Energy Realism focused on restrictive, impractical, and expensive energy policies that could be implemented with Joe Biden declared the winner in the presidential race.

Jason Isaac argues that climate plans promulgated by leading Democrats like Biden and Kamala Harris are more about controlling choice than improving the environment. Steve Milloy pushes back on the Democrats’ anti-fossil fuel talk. Oil will remain indispensable, he observes; there are no battery-powered 747s, for example, and there never will be. As Daniel Turner suggests, energy under the policies of a Biden administration could become three or four times as expensive, just as it has under similar policies in Europe. That explains why, as Hayden Ludwig and Kevin Mooney maintain, the Trump administration made the right call by exiting the Paris Agreement on climate. America deserves energy polices that put our own manufacturing jobs, national security, and prosperity first.

More broadly, Rupert Darwall points out how, thanks to the coronavirus, governments now know that they can impose draconian restrictions on their citizens – and how this knowledge will serve them well in their efforts to impose net-zero carbon mandates that will shrink individual choice and personal liberty. Darwall also argues that extreme climate policies that raise energy prices disproportionately hurt minority communities – especially Latinos and African-Americans – and other low-income groups.

In the News

Energy and Race: The Media’s New Intersectionality

Rupert Darwall, RealClearEnergy

Covid, Climate Change, and Government Coercion

Rupert Darwall, RealClearEnergy

Senate Race Could Shape Future US Climate Action

Thomas Frank, Scientific American

Pipeline Safety Market Worth $12.2 Billion by 2025

Yahoo Finance

Health, Enviro Experts Coming for Your Gas Stove

Hannah Sparks, New York Post

Is Shareholder Activism Just a Shakedown? (Spoiler: Yes)

Jared Whitley, Newsmax

Politics and Purpose in Corporate America

Katz et al., Harvard Law School Forum on Corporate Governance

Latinos Fighting California’s ‘Regressive’ Climate Policies

Robert Bryce, Forbes

DOL, Dubious About ESG Pension Investing

Sarah Min, Chief Investment Officer

Sustainable Finance: The Confusing Path to Saving the Planet

Alice Ross, NZ Herald

Here’s an Easier Way to Think About ESG Investing

Alicia H. Munnell, MarketWatch

Norway Fund: It's Hard to Find Right Green Energy Projects

Reuters

3 Ways to Foolproof Your Energy Portfolio

Alex Kimani, Oil Price

Oil, Gas to Embrace Green Investors

Financial Times

Coal Miners’ Black Lung Struggle Is a Climate Justice Issue

Trish Kahle, Jacobin

Multimedia

2020 Election: Biden's Energy Policy, 'Hurts Him on Pennsylvania:' Canary LLC CEO

Yahoo Finance

Yahoo Finance’s Akiko Fujita and Dan Eberhart, Canary LLC CEO, discuss why Biden’s stance on energy could hurt him at the polls.

Why Chevron and ExxonMobil Should Merge

CNBC Television

Sankey Research's Paul Sankey gives his case for why Chevron and ExxonMobil should merge. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman a...

Ronald Cohen Discusses ESG and Impact Investing

CNBC Television

Ronald Cohen, Global Steering Group on Impact Investment chairman, often described as “the father of British venture capital,” joins ‘Closing Bell’ to talk about ESG and impact inves...

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