Energy Realism this past week blew up the “Europe is the model on climate” narrative and focused on why nuclear power should be becoming more important. Rick Whitbeck got us started last week. He looked at Rupert Darwall’s new report, warning the U.S. about going down the same dead-end path on climate-energy policy that Europe has. As one digests Rupert Darwall’s latest report for the RealClear Foundation, the well-known quote from Spanish philosopher George Santayana might ring through the mind: “Those who cannot remember the past are condemned to repeat it.” Anyone looking to combat the activists pushing a ‘net zero’ agenda here in the U.S. would be wise to read Darwall’s piece, entitled “The Folly of Climate Leadership.” Duggan Flanakin, for instance, destroys the electric car fantasy once again. In the U.S., 2024 will mark a major turning point. Those who still prefer their gas appliances, gasoline-powered vehicles, rare steaks, and innumerable other benefits of modern society need to recognize that this may be the last time they have a chance to keep those choices available in the future. We need to focus on much more realistic and reliable energy sources. Grace Stanke & Heather Reams give us the case for expanding nuclear power. Nuclear is the cleanest form of energy and the most reliable. So why are greens, who purport to care about climate change, blocking more nuclear at every turn. Here we must then mention Terry Campo’s two-part series (part 1 and part 2) on nuclear for RealClearEnergy. The reality is that, if we truly do care about “fighting climate change,” we need to focus more on nuclear. Not wind, not solar…but nuclear…to lead our power system into the 21st century and beyond. Our Essential Reading this week then comes from a previous report again from Rupert Darwall. This oldie but goodie also exposes the folly of European energy policy that is dangerously based on a climate obsession that ignores all other problems. In the News Rupert Darwall, RealClear Foundation Vijay Jayaraj, RealClearEnergy Rick Whitbeck, RealClearEnergy Katarina Zimmer, Canary Media Thomas Catenacci, Fox Paris Marx, MSN Mark Gongloff, The Seattle Times Michael Lynch, Forbes Erick Ayapana, Motor Trend Danny Lee, Bloomberg Sean McLain, WSJ Camila Domonoske, NPR Mike Winters, CNBC Tsvetana Paraskova, Oil Price Marlo Lewis Jr., National Review PBS As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is at a record level. But it comes at a time wh... CNBC Television Jack Fusco, Cheniere Energy president and CEO, joins 'Money Movers' to discuss what accounts for the low levels in natural gas prices, what demand for natural gas looks like globally... |